01 Jul The 4-Hour Workweek
“What in the world could you accomplish in just four hours of time that would result in an independent life,” was the question that popped in my mind when I started turning pages of The 4-Hour Work Week by Timothy Ferriss.
Divided into 4 steps, this book is definitely a testimony of this man’s belief in making more out of your time and ultimately your life (not to mention it is a poetically marketed title following with “Escape 9-5, Live Anywhere, and Join the New Rich.” Not a line to be ignored, but will it prove worth it?).
Rochelle Weiner of Andiamo Creative has shared her praise for this book earlier (see Timeliness is of the essence) and now I follow suit.
Here is the D-E-A-L.
Step I: D is for Definition defines succinctly what success actually entails and equally important what it does not. Like most people of a modest or less than modest income their desire is to have more. Yet, we see here how the “more,” can become the unintentional pursuit of misery aligned with materials and all the associated burdens. Consider how heavy or light your luggage may have been on your last travel. Opening with common savvy reminders to “think outside the box” while adhering to the “if it’s not broke don’t fix it” rule, Step I discusses authorities of success finding themselves tied to the competitive machine and divided from happiness. Showing the opposite of happiness to be boredom, readers receive small writing exercises of the simplest forms to face hard facts. People often place fear on a paralyzing forefront and thereby become their own worst inhibitor. “What we fear doing most is usually what we most need to do” (page 47). Concluding with a helpful chart showcasing ones “having,” “being,” and “doing” choices along with an estimated example of TMI (target monthly income) this section begins the process of discovering the potential power of your hour.
Parkinson’s Law, the 80/20 Principle, & the Puppy Dog Close are among the fantastic concepts demonstrated in Step II: E is for Elimination. Here readers are also given numerous, valuable resources such as Evernote, Grand Central Station and the PO Box Trick with which to further take the work out of work.
Step III: A is for Automation is a means to outsource your life. Ferriss’ focus is to assist you in finding ways to not run your own company, but rather own a company that runs itself all for you. Primary decisions regarding delegating, choosing to resell and whether to license or create your own product are then put to the market test. Dozens of new websites and add-ons cover the pages but the gem which shines the brightest is the portion entitled Behind the Scenes: the Muse Architecture containing one of the most liberating lines I have encountered in business, “Starting with the end in mind” (pg. 202).
Would you be willing to remain ensnared by the 9-5 world if you met your true love? For Dave the answer lent to his own personal “L” within Step IV: L is for Liberation. Loaded with additional “how-to-do’s” and many poignant points for trips (your own future mini-retirements) this portion ends with some cautionary advice for the New Rich to not allow new idle time to become a stretch of depression but rather a reinvigorating time to capture the childhood dream that you may have forgotten.
So forget forgetting to pick up this book! It is a cheat sheet of informative delight (speaking of, see Cheat sheet for a good website).
Details galore can be found at the four-hour workweek blog and the new expanded and updated edition.
To sell this book in a single pitch I claim it to be the one truly detailed step by step resource for those seeking a more enriching outlook regarding money matters, happiness and time well spent. It is worth it and so is “Starting with the end in mind.” That is the D-E-A-L of The 4-Hour Workweek by Timothy Ferriss.