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The 4-Hour Workweek | Tim Ferriss | 5 Minute Books

Have you ever thought about writing a book, starting a YouTube Channel, starting a Podcast or starting a business? My name is Michael Knight founder of Bestbookbits. Apart from creating the worlds largest free book summary bestbookbits, I run a successful YouTube Channel with 60k+ subs, a global top 40 podcast and author of “Success in 50 Steps.” I consult with new content creators that want to write a book, start and grow a YouTube Channel or a Podcast Show. To work with me on getting this done with you, book a free call here.

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The 4-Hour Workweek – Timothy Ferriss

 

Whenever you find yourself on the side of the majority, it is time to pause and reflect

The New Rich: time and mobility

People don’t want to be millionaires – they want to experience what they believe only millions can buy

How do your decisions change if retirement isn’t an option?

What if you could use a mini-retirement to sample your deferred-life plan reward before working 40 years for it?

Is it really necessary to work like a slave to live like a millionaire?

The goal is fun and profit

The perfect job is one that takes the least time

Have you ever thought about writing a book, starting a YouTube Channel, starting a Podcast or starting a business? My name is Michael Knight founder of Bestbookbits. Apart from creating the worlds largest free book summary bestbookbits, I run a successful YouTube Channel with 60k+ subs, a global top 40 podcast and author of “Success in 50 Steps.” I consult with new content creators that want to write a book, start and grow a YouTube Channel or a Podcast Show. To work with me on getting this done with you, book a free call here.

Reality is negotiable

An expert is a person who has made all the mistakes that can be made in a very narrow field

Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it

Options – the ability to choose – is real power

Focus on being productive instead of busy

It is far more lucrative and fun to leverage your strengths instead of attempting to fix all the chinks in your armour

What we fear doing most is usually what we most need to do

A person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have

What are you waiting for?

Doing the unrealistic is easier than doing the realistic.

There is just less competition for bigger goals

Adult-Onset ADD: Adventure Deficit Disorder

One does not accumulate but eliminate. It is not daily increase but daily decrease

Doing something unimportant well does not make it important

Requiring a lot of time does not make a task important

80% of the outputs result from 20% of the inputs

Most things make no difference. Being busy is a form of laziness

Lack of time is actually lack of priorities

A task will swell in (perceived) importance and complexity in relation to the time allotted for its completion

Identify the few critical tasks that contribute most to income and schedule them with very short and clear deadlines

Identify: Positive friends versus time-consuming friends

Poisonous people do not deserve your time

You are the average of the five people you associate with most

If you prioritize properly, there is no need to multitask

Learning to ignore things is one of the great oaths to inner peace

Do your own thinking independently. Be the chess players, not the chess piece

Create systems to limit your availability via e-mail and phone and deflect inappropriate contact

Batch activities to limit setup cost and provide more time for dreamline milestones

A man is rich in proportion to the number of things he can afford to let alone

This is how e-mail was meant to be! It’s mail, not a chat service

To create an automated vehicle for generating cash without consuming time

Cash flow and time. With these two currencies, all other things are possible. Without them, nothing is possible

It is far better for a man to go wrong in freedom than to go right in chains

By working faithfully eight hours a day, you may eventually get to be a boss and work twelve hours a day

It’s too big a world to spend most of life in a cubicle

If you must play, decide on three things at the start: the rules of the game, the stakes, and the quitting time

Would you like me to give you a formula for success? Double your rate of failure

It takes two to three months just to unplug from obsolete routines and become aware of just how much we distract ourselves with constant motion

Outdated comparisons using the more-is-better and money-as-success mind-sets that got us into trouble to begin with

If you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake

Recognize that the only rules and limits are those we set for ourselves

Once you realize that you can turn off the noise without the world ending, you’re liberated in a way that few people ever know

Develop the habit of letting small bad things happen

Stop trying to impress people you don’t like

Not-to-do lists are often more effective than to-do lists for upgrading performance

Expect small problems

Living the 4-Hour Workweek. 1. Start small think big. 2. Identify what excites you vs. what bored you. 3. Eliminate and focus on what excites you. 4. Stick to what excites you no matter what people say

It’s your life, live it the way you know is right for you

Have you ever thought about writing a book, starting a YouTube Channel, starting a Podcast or starting a business? My name is Michael Knight founder of Bestbookbits. Apart from creating the worlds largest free book summary bestbookbits, I run a successful YouTube Channel with 60k+ subs, a global top 40 podcast and author of “Success in 50 Steps.” I consult with new content creators that want to write a book, start and grow a YouTube Channel or a Podcast Show. To work with me on getting this done with you, book a free call here.

DOWNLOAD THIS SUMMARY IN PDF HERE

FOLLOW US HERE > |YouTube |Spotify | Instagram | Facebook | Newsletter | Website

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