Readers of 4 Hour Workweek...

That book was the first book that got me going down my path today. I wouldn't say I have completely utilized what he taught, but that's just been my own fault. But because of that book, I am on my way to achieving my dreams.

I always told myself I will thank Tim Ferris in person one day.

Hi guys

I have tried the four hour rule but the truth is i get bored and miss working so i tend to work 4 days a week and then longer if i have a big launch coming up.

I tend to create an income stream and then have a great idea for another and move straight on rather than being happy with what i have got and sticking to it.

kind regards


sam
X

I believe investing in the right people who can provide the exact or even better results at the fastest time and with the least costs and risks isn't something new.

Yes it is, in a relatively new industry, emerging global trends and technology (which make it much better to find the right people who can give you the exact or even better results with the least time and money investment risks and costs), but:

---> the largest and oldest corporations have been investing in people for years and years now... those who do it right grow bigger by the day, especially with this relatively "new" industry (the Internet drastically increased marketing reach and marketing results and immensely decreased marketing time and costs), emerging global trends (outsourcing) and technology which make doing business easier, less costly, less risky and more profitable.


For me, I prefer focusing on getting the exact or even better results at the fastest possible time with the least possible time and money investment risks and costs.


For me, in this case (running a business and marketing offline and online), this means = "innovate".

Marketing innovative products/services with new added benefits for my target buyers is easier, more profitable and will give me much higher long term results than:

---> marketing similar products/services with the same benefits for target end consumers as the products/services sold by my competitors.

Anyway, if proper attainable risk management is applied, then innovating products/services with new added benefits for my target market and marketing it to all people targeted by my competitors as well as to people who aren't targeted by my competitors (because innovative products/services with new added benefits = new target market outside initial target market, thus increasing marketing reach and profitability) will be less riskier and more profitable in the long term than developing similar products/services with the same benefits for the end consumers as all competitor products/services and marketing it to the same people targeted by all my competitors.

Hey Tyler,

Maybe I'm unusual but I only heard about 4HWW when I was in Singapore in 2008 because everyone kept telling me I was doing what Tim was talking about.

It seems that I was accidentally already doing what everyone was talking about and I hadn't read the book.

Ironically when I was hearing people talk about it, lots of them kept saying how it was impossible to do, which if I'd listened to them in the past would've probably stopped me from doing it.

It's not rocket science or just some feel good thing which can't be done - it's just a simple strategy for one way to live your life. It's not right for everyone.

Like I said, I was already doing it and I was living and working in Singapore at the time because I had reasons for wanting to be in that part of the world at the time, then I lived in the US for 6 months and then came back to the UK.

A lot of people talk about traveling like it's some big thing where you either have to be rich or wait years before you can do it.

I've always traveled and these days I don't even pack until about an hour before I leave - even when I'm going away for a few months, but I know some people who will pack weeks ahead for a one week trip.

It's mostly down to mentality - if you put these things up on a pedestal where they seem unusual or difficult to reach - you'll make that true.

When I was young I used to think of traveling as some big adventure and wanted to see the world - now that I've seen a lot of it, that's no longer the case and I only travel because there's someone I want to spend time with at the other end.

I was probably subconsciously learning 'portable' skills during that time so that it doesn't really matter where I live as far as being able to make money is concerned (the Internet is great for that), but for me relationships are the thing I value above all else so they're what drive my decisions now.

Andy

I am a huge fan of Timothy Ferris. I love his philosophy on life and business and try my best to emulate what he does and suggests.

To do this, I have re-written a business plan recently so it can be systemized, more effective and productive with as little input from me as possible. I am no where near having the kind of lifestyle he does, or anywhere near limiting work tasks to four hours a week, but I love his style of business and thinking.

In terms of doing things differently, I am constantly testing my own assumptions, which is something he talks about a lot on his excellent blog. Since I am also doing consulting for offline businesses, that is something I apply and advise a lot in their businesses as well. Always test assumptions! I try never to do something because "a lot of people say it works and is the right thing to do" I always try and test things and see what works best for me or my client.

Really, I could go on all day about what I have learnt from Tim, but I've just got too much to do still!

Read the book and love the philosophy, though I don't really have the desire to take it to its extreme. The general principles, however, are truly valuable.

Andy's got a point...

Even before you make it big online or have any money, it's way easier (and cheaper!) and safer to travel than most people think. And it will change your world. Especially when you're learning a new language.

Imagine living a life where even buying a stick of gum is a massive riddle to figure out, how to phrase something, how to get the customs right, how to hide your accent, how to not stand out. You'll learn a ton that you can't learn in any book, that's for sure.

Just remember you can do it before you're rich.

"Have you applied what you learnt from Tim Ferriss in your day to day biz operations? Are you starting to focus on effectiveness rather than efficiency?"

Yes, and getting there...funny enough, the more I focus on effectiveness it seems my processes become even more efficient.

"how do you think one should apply this in their life? Taking the bold decision to do something that's been on one's mind for a long time?"

There's another book by Michael Masterson called Ready, Fire, Aim..I would recommend checking it out, it really stresses the point of "taking the bold decision" and starting and don't worry if it's not perfect and adjusting (or aiming) as you progress.

ok does he actually walk the talk?

I mean is it a fact he works 4 hours a week? yeah i know he has a great lifestyle but i seriously wonder if he 's kind of selling a dream. Create a dream scenario..sell it. Reminds me abit of amway.

Not knocking it. I kind of take it with a pinch of salt.

4 hours a week....i mean that would drive me crazy with boredom. 4 hours a day is great.