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Summary: The 4hour workweek Timothy Ferriss

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This work offers a summary of the book “THE 4HOUR WORKWEEK: Escape 95, Live Anywhere, and Join the New Rich” by Timothy Ferriss.

Timothy Ferriss is a serial entrepreneur. In addition to speaking six languages, Ferriss runs a multinational firm from wireless locations worldwide. His eclectic passions include being a world record holder in tango, a national champion in Chinese kickboxing and a guest lecturer at Princeton University.

In The 4Hour Workweek, he explains that there is a new subculture of people in the world who have figured out that the 95 grindstone doesn't really fire up their imaginations to any great degree. Instead, they organize their lives and follow a set of uncommon rules which typically allows them to work less than four hours a week but earn more in a month than most people do in a year.

These people are the “New Rich” (NR). They abandon the conventional deferredlife plan (work now and retire later) and instead develop their own signature lifestyles which utilize the currencies of the New Rich: time and mobility.

The 4Hour Workweek gives you four steps to follow which will take you from being deferredlife oriented to becoming part of the New Rich.
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    Dmitriy Shat einen Ersteindruck geteiltvor 3 Jahren

    A good guide to be a downshifer. Just really one thing is missing - where to get money for that. Yes, there is a chapter about this that says establish a startup, it is so simple. But obviously 99% of them fail together with your dreams to be free, bringing huge loans and broken families. But even if you are succeed in being an entrepreneur, you have to work much more than being an employee. And don't forget that since then you are working for your investors as well. Probably they won't be happy to your 4 hours week.
    However, the book is quite inspiring )

    b0543230413hat einen Ersteindruck geteiltvor 6 Jahren
    🔮Unerwarteter Tiefgang

    Invigorating, motivating, introducing infinite possibilities. However many things mentioned can't be done from my home country Indonesia.

    revenilhat einen Ersteindruck geteiltvor 3 Jahren

    ok, Paretto % Parkinson Law... that is what I got most from this book!


    b3378132422hat Zitat gemachtletztes Jahr
    For the past 33 years, I have looked in the mirror every morning and asked myself: ‘If today were the last day of my life, would I want to do what I am about to do today?‘ And whenever the answer has been ‘No’ for too many days in a row, I know I need to change something. Almost everything – all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose.”
    – Steve Jobs
    b3378132422hat Zitat gemachtletztes Jahr
    Offer win-lose guarantees – something that completely removes the risk for the consumer. Your guarantee might be along the lines of: “110% guaranteed – it doesn’t work, not only will we completely refund your purchase investment but we will also add another 10% to the refund check.”
    b3378132422hat Zitat gemachtletztes Jahr
    Instead of offering a free product to capture a visitor’s contact details, offer them a very low priced starter product. That will weed out those who will never buy anything from you later on and save you time and money.

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