Here’s The 4-Hour Workweek summary. You will learn how to be more productive, less busy, earn more, and achieve frequent mini-retirements. You will also learn key lifestyle design principles.
The 4-Hour Workweek author Tim Ferriss explains how to achieve the lifestyle we want. Less work, more results, more travel, and more life. Those are the things we want.
But how do we achieve those? First we need to unlearn some stuff to give way for the new. Examples are focusing more on effectiveness, results, and excitement.
About the Author
Tim Ferriss has already written 3 New York Times bestsellers. These are The 4-Hour Workweek, The 4-Hour Body, and The 4-Hour Chef. He also runs a podcast that deconstructs how world-class performers work.
He has written articles about productivity, automation, entrepreneurship, marketing, physical performance, and outsourcing. This bestselling author and investor likes to experiment in various things, including his own body.
Main takeaways: The 4-Hour Workweek Summary
Let’s discuss the key takeaways from his book:
- Focus on effectiveness.
- Earn more by doing less.
- Escape the office.
Focus on effectiveness
Busyness is the enemy. If you’re always busy, you won’t have time to travel and earn much more.
Often, busyness is just a disguise. If we’re always busy, it means we don’t know our priorities. We just perform tasks without thinking about the results.
We can be efficient in hundreds of ways. Even if we have dozens of tasks, we can figure out ways how to do them in less time. But here’s a question. Do those tasks bring us closer to our goals?
Consider being effective instead. Effectiveness is about doing the things that bring you closer to your goals. You will do only the necessary tasks. This way you will free your Time.
When you have more time, you can focus more on earning and traveling more. Without time, you won’t be able to do anything. That’s why it’s important to focus on it first.
Earn more by doing less
After having more time, you should start earning more. A great lifestyle requires money. You need to spend money on travel, accommodation, learning, food, and other things.
You can start a business by using online tools. You don’t have to spend a lot. You might just need a simple website, FB page, and some ads. But first you’ll need a product.
How to come up with product ideas? Think of your expertise. Think of what you buy on a regular basis. Think of your interests.
Keep in mind that you should start small. Validate your ideas by spending as little as possible. Once you start seeing results, you can scale it up if necessary.
You don’t have to do a lot of things to get results. You just focus on a few things that matter. You can start with an 80/20 analysis. You figure out which 20% of the activities drive 80% of the results.
Escape the office
You now have more Time and Income. Next is you should focus on Mobility.
Mobility will allow you to travel and explore more. If you’re confined in an office, more Time and Income won’t matter much. That’s why you need to automate your business.
There are lots of online tools available to make your work easier. You can sell through ecommerce stores that run 24/7. You can also hire other people that will do the job for you.
The above tips work for both entrepreneurs and employees. If you’re an employee, many companies already allow their people to work at home.
That’s a win-win situation. Companies encourage their people to work independently. People enjoy that setup because they don’t need to suffer the traffic.
Remember the Time, Income, and Mobility (in short TIM, as the name’s author). Focus on those if you want to live your life and explore more of the world.
Aside from TIM, you can also learn the following from The 4-Hour Workweek book:
- How to do MBA (Management by Absence)
- Why cultivate selective ignorance
- Why going for the big wins is much easier
- How to outsource your tasks
- How to apply Parkinson’s law
My personal takeaways
It’s an eye-opener for me. I realized that there’s another world of possibility out there.
I applied few of the tips immediately. I did a one-week media fasting, wrote my goals, and analyzed my results. The 4-Hour Workweek is not just about working a few hours a week and living like a king. It’s also about improving our lives as a whole.
I also realized that my assumptions are just that. They’re not real. Most of them are just excuses that stop me. It took me a few weeks to throw away my oldest assumptions about life and work.
The 4-Hour Workweek. What a wonderful life if we live it. Even if we just cut our work hours in half, it will all be worth it. It’s possible to live more and stay productive at the same time.
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