The 4-Hour Workweek
by Timothy Ferriss
9 to 5 is not a 'must'. It's not even a 'should'.
Today, 9 to 5 is a 'could', the choice is up to you.
Alright, where to get started. We loved this book. Must read.
Now, what's all the fuss actually about?
Basically, Tim Ferriss explains in this book that the future of work, your work, should move to, essentially, less time spent working. But you have to put some effort into it.
Tim explains a process to get from living like a 9-5 sucker to living like a millionaire, with a clever acronym, namely DEAL.
- D is for Definition
- E is for Elimination
- A is for Automation
- L is for Liberation
(Implementation follows the DELA order, but admit it, DEAL sounds nicer)
These are also the broad lines, i.e. chapters, of the book.
What it comes down to is the following.
D - Old money still exists, but 'new money' is on the rise. To join these New Rich, Tim outlines a lifestyle recipe.
E - Time management is a thing of the past. Learn to turn 12 hour days into 2 hour work sessions.
L - Mini retirements, sound nice right. Liberation is not about cheap travel, it's about breaking the bonds that confine you to a single location.
A - Autopilot brings in cash flow, say whut? Apparantly, it's possible and shockingly, it's not that hard.
Following this process will bring you the three ingredients of a luxury lifestyle: time, mobility and income.
Now, what more do you need to live like a millionaire?
Extra resources for The 4-Hour Workweek
On his website, fourhourblog.com Tim has - what else - a blog. On top of that, he has a great podcast and a mailing list which we highly recommend subscribing to.
Animated book summaries of The 4-Hour Workweek
Below are 2 great summary video's for The 4-Hour Workweek.
If you're interested, Tim Ferriss has a TED speech as well:
Amazon summary of The 4-Hour Workweek
Forget the old concept of retirement and the rest of the deferred-life plan–there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, or earning a monthly five-figure income with zero management, The 4-Hour Workweek is the blueprint.
This step-by-step guide to luxury lifestyle design teaches:
• How Tim went from $40,000 per year and 80 hours per week to $40,000 per month and 4 hours per week
• How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want
• How blue-chip escape artists travel the world without quitting their jobs
• How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist
• How to trade a long-haul career for short work bursts and frequent “mini-retirements”
The new expanded edition of Tim Ferriss’ The 4-Hour Workweek includes:
• More than 50 practical tips and case studies from readers (including families) who have doubled income, overcome common sticking points, and reinvented themselves using the original book as a starting point
• Real-world templates you can copy for eliminating e-mail, negotiating with bosses and clients, or getting a private chef for less than $8 a meal
• How Lifestyle Design principles can be suited to unpredictable economic times
• The latest tools and tricks, as well as high-tech shortcuts, for living like a diplomat or millionaire without being either