“The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich” by Timothy Ferriss
[su_note note_color=”#FFFEE2″ text_color=”#333333″]Note: The Book Club is still in the incubator. We’ll break down this book and more of our favourites in detail, discussing takeaways and action steps from each. Sign up to be the first to get notified when we kick things off. But for now, the here’s the Amazon excerpt and some favourite quotes from the book. [/su_note]
SUMMARY
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
BEST QUOTES
“It’s lonely at the top. Ninety-nine percent of people in the world are convinced they are incapable of achieving great things, so they aim for mediocre. The level of competition is thus fiercest for “realistic” goals, paradoxically making them the most time-consuming. It’s easier to raise $1,000,000 than it is $100,000. It is easier to pick up the one perfect 10 in the bar than the five 8s.”
“Poisonous people do not deserve your time. To think otherwise is masochistic.”
“If we define risk as ‘the likelihood of an irreversible negative outcome,’ inaction is the greatest risk of all.”
“The commonsense rules of the ‘real world’ are a fragile collection of socially reinforced illusions.”
“Don’t follow a model that doesn’t work. If the recipe sucks, it doesn’t matter how good a cook you are.”
“You spend two weeks negotiating your new Infiniti with the dealership and got $10,000 off? That’s great. Does your life have a purpose? Are you contributing anything useful to this world, or just shuffling papers, banging on a keyboard, and coming home to a drunken existence on the weekends?”
“The question you should be asking yourself isn’t, “What do I want” or “What are my goals?” but “What would excite me?”
“What we fear doing most is usually what we most need to do. As I have heard said, a person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have.”
“The question is then, how can one achieve the millionaire lifestyle of complete freedom without first having $1,000,000?”
“The blind quest for cash is a fool’s errand…If you can free your time and location, your money is automatically worth 3-10 times as much.”
“The fishing is best where the fewest go, and the collective insecurity of the world makes it easy for people to hit home runs while everyone else is aiming for base hits.”
“You won’t believe what you can accomplish by attempting the impossible with the courage to repeatedly fail better.”
“Most people will choose unhappiness over uncertainty.”
