The 4 - Hour Workweek by Tim Ferriss
Get rid of the 9 to 5 job and become rich
In two words
in his 2007 book "The Four-Hour Workweek" the author incorporates a new concept of wealth into his life. Have shared with us some unique tips to do it. According to the author, in today's world, people have become slaves to the routine of 9 to 5 to earn money. No one has time to do something new and exciting in their life. Therefore, despite having money, he is not rich, whereas the person who is living every single moment of his life with satisfaction is rich in the true sense.
Who is this book for?
- People who are troubled by their 9 to 5 routine and want to get rid of it.
- Those who want to include this new concept of wealth in their life.
About the Author,
Tim Ferriss is an American businessman and author. After opening his company in 2001, he worked so hard to grow it that as a result, he felt so tired that he had to take a break from his work. He took a break and went on a world tour, during his world tour the author found that he could run his business from any corner of the world and earn profit without exhausting himself. To share this experience with others, the author wrote this book.
Why should you read this book?
Live life by your principles and always keep your goal high The author says that if you want to be included in the list of the new rich of today's era, then, first of all, you have to learn to live life on your own terms. Instead of working according to someone else's, these new types of rich make their own rules and laws and if needed, break every shackle and achieve their dreams.
Most people these days are afraid to take risks and claim to live in reality by calling themselves practical. For this reason, such people make compromises with a common life. Whereas according to the author, real success comes only to those who have the passion to live their every dream regardless of any risk. No matter how far your dreams may seem to people from reality, if you keep your goals high, then you can definitely achieve them. Most people feel the risk in doing any new and different work and fearing this risk, people just spend their whole life in the desire of a simple life and 9 to 5 job.
That's why the author believes that we should always keep our goal high because there are many people standing on the surface of the mountain, but only a few people are able to take the risk of going to the peak, so reaching the summit in any area realizes that here Competition is low. Rather than being afraid of any risk or worst situation, it is better to face it because often the situation is not as bad as we think it to be.
For example, if you go on a world tour, what can happen to you at most, that all your money is lost, even in such an odd situation, you have a way back home. Therefore, according to the author, if we work with patience, then even the biggest storm will seem small to us. So if you want to become the rich of the new age, then make a habit of risk, and keep your goal as big as possible, even if it is not your job to care what anyone says.
Chapter 1: To live a luxurious and satisfying life today and now is to be truly wealthy.
In our society, we are taught from the beginning that if we work hard during our youth and pay attention to our work and keep saving, then after retirement we will see good days and we will be able to live a happy old age. Due to this thinking, thousands of people throw themselves into slavery of 9 to 5 and spend their whole life in work which they may not even like.
To entice himself, he often consoles himself that there is work, it will be a little difficult, if you work hard today, tomorrow will be safe. But what actually happens is that one day when we suddenly wake up, we realize that we have spent the best years of our lives in slavery, while true happiness and contentment could not be found even by earning so much money. Sorry but by then it's too late.
Therefore, taking inspiration from his experiences, the author has said that to fulfill whatever dreams we have and our interests, it is not necessary for us to be millionaires, but most of the things in life also come in a normal income. For example, if your dream is to travel the world or travel to a particular place, then you can fulfill it by doing it today and now, for that, just a middle class needs a safe and continuous source of income. And how can you earn this income without doing 9 to 5 jobs, sitting in any corner of the world, let's know about it in the next lessons?
Chapter 2: Live life by your principles and always keep your goal high
The author says that if you want to be included in the list of the new rich of today's era, then, first of all, you have to learn to live life on your own terms. Instead of working according to someone else's, these new types of rich make their own rules and laws and if needed, break every shackle and achieve their dreams. Most people these days are afraid to take risks and claim to live in reality by calling themselves practical.
For this reason, such people make compromises with a common life. Whereas according to the author, real success comes only to those who have the passion to live their every dream regardless of any risk. No matter how far your dreams may seem to people from reality, if you keep your goals high, then you can definitely achieve them. Most people feel the risk in doing any new and different work and fearing this risk, people just spend their whole life in the desire of a simple life and 9 to 5 job.
That's why the author believes that we should always keep our goal high because there are many people standing on the surface of the mountain, but only a few people are able to take the risk of going to the peak, so reaching the summit in any area realizes that here Competition is low. Rather than being afraid of any risk or worst situation, it is better to face it because often the situation is not as bad as we think it to be.
For example, if you go on a world tour, what can happen to you at most, that all your money is lost, even in such an odd situation, you have a way back home. Therefore, according to the author, if we work with patience, then even the biggest storm will seem small to us.
So if you want to become the rich of the new age, then make a habit of risk, and keep your goal as big as possible, even if it is not your job to care what anyone says.
Chapter 3: Step out of your comfort zone to achieve your dreams today and now.
Most of the people, instead of achieving their dreams, keep running away from them all their life and assure themselves that one day everything will be fine on their own, to prove their thinking right, people associate it with positivity, While in reality, this is not a positive thought, it is a way to hide your laziness.
A person does not want to come out of his comfort zone, he feels that tomorrow will automatically bring happiness in his life. But the truth is that tomorrow can be golden only if you take some concrete steps for it today. Whether your dreams are small or big, to fulfill them, you have to step out of your comfort zone and take steps on your own. If you want to join the list of this new kind of rich, then, first of all, you have to conquer your fear, because often the thing we are most afraid of is our weakness and without rising above that weakness, we can pursue our dreams. Can't give a new flight.
So to be successful and fulfill your dream, you have to be ready to face any difficult situation, people may talk about you, taunt you, but above this stereotype of people. You have to get up and take your first step towards your dream today and now because the authors say that if not today then never. Stop lying to yourself that one day everything will be fine, face the truth and overcome your fears and go on the path of your dreams, this is the essence of this book.
Chapter 4: Even after being a small employee, you can come in the category of newly rich.
The most important thing in the life of the new type of rich as told by the author is mobility, that is, to work in one's own style instead of being a slave to their office desk throughout the day. But there is also a truth of this society that it is not possible for every person to leave his job and work from home. Therefore, due to many social reasons, people are not able to leave their work even if they want to. But such employees also do not need to panic, in the author's book there is a special suggestion for such people to achieve their dreams.
The authors say that in such a situation it is most important that you make yourself so expert in your field of work that your company does not want to leave you. For this, you can take the help of training and workshop so that you can earn maximum knowledge in your field. When this happens, you will get a special place in your company and you can easily get your boss one or two things.
When you realize your importance in your company, then someday slowly put the idea of working from home in your boss's mind. You may initially get approval for 1 day in a week, but during this time you prove yourself capable of handling the work even without coming to the office and then gradually increase the days of handling the office from home.
While doing this, it may happen that a day may come when you do not need to attend the office and get all your work done from home. Working from home will also be easier because a person can do his work in peace at home, he will not need to waste time in the activities that usually happen in the office, such as unnecessary meetings and gossip with his co-workers.
Chapter 5: You don't need to do everything right, you just need to do the right thing because you have to be effective, not qualified.
You must have often seen that people who spend more and more time in the office are considered to be more hardworking and doing good work. Even in our everyday life, people who always show themselves to be busy, society considers them to be hard workers.
Many employees spend much of their time in the office and try to please their boss so that their boss understands that they are doing a good job. Whereas the truth is that the time scale is not right to know someone's ability. The author says that the 80/20 principle can come in handy here, according to which most of our profits or results are made up of 20% of our work and the rest 80% of the work is not that important.
That's why today's new rich do all their work according to this principle. The author believes that wisdom is not that we can finish maximum work in the least time, but the wisdom is that we can get maximum benefit by doing minimum work. Because unnecessary work will always be unnecessary, no matter how well you finish it. That's why the authors say that by doing the least work, get maximum benefit and enjoy a happy life by giving your remaining time to your dreams and family.
Chapter 6: Your time is very valuable, so stay away from people and activities that waste time.
Take only a normal day of your office, out of our 9 to 5 time, we spend more than half of the time in such things which may not even be needed, now take only useless meetings. In today's modern offices, most of the meeting rooms have only useless talk and show-offs rather than debates on a specific agenda.
The author says that according to him, meetings are necessary only when a specific decision has to be taken on an issue that is being dealt with by a lot of people and their opinion matters. And even in such a situation, the disputed issues and schedule of the meeting should be fixed in advance so that the time is not wasted in unnecessary debate. Apart from these meetings, we also spend a lot of our time gathering information for our work, such as if you want any information on a particular topic, then instead of spending hours doing research about it in newspapers or on the internet, we will directly do that.
You can ask an expert in the field who will give us the solid and correct information and will also save our time. Apart from this, you will also meet many people throughout the day who do not have any goal themselves and do not allow you to reach your goal, such people will often come to you when you are doing the most important work and all your time is useless. things will be wasted.
So make a habit of greeting such people from afar. The author has given away to avoid such people, he says that from now on whenever any of your colleagues comes to your desk, instead of asking him hello, how are you, say how can I help you. And if you feel that he is going to waste your time, then tell him directly that sorry man but I have only two minutes, whatever is the work, speak quickly. Never encourage such people or else you may have to do 1-hour work all day.
Chapter 7: Keep your distance from the things that distract you and force others to follow their own path
Being productive for the new type of rich means that they get maximum profit in minimum work. And for this, it is necessary that you do your very important work with full dedication and attention because this increases your work efficiency and you can finish your work well and in less time.
But in today's world, there are so many distracting things that it is very difficult to focus on any one task. Take your office only, as soon as you are doing some important work, at the same time your phone rings the new e-mail notification and all your attention goes away from your work and towards reading that e-mail.
That's why the author has advised that you try to at least check your e-mail. As soon as you come to the office, ask yourself for every task on your to-do list that if I did only this work throughout the day, would I be satisfied and do important tasks for which your mind answers yes. Add them to the list and try to deal with them before lunch. Once you have finished your important work then you can check your mail and after that check once before going home. Later on, gradually you can change it into the habit of checking once or twice a week.
To make it easier for you, you can also set the option of autoreply, in which write that you are busy, you will reply to this mail as soon as it is free. By doing this you will be able to concentrate on your important work. Also tell your loved ones and colleagues that they should call or message you only when there is an emergency, otherwise leave your message, you will see it for free.
Use the phone as little as possible during your work. Because most things in the world can wait, except for a few emergencies and essentials. Therefore, do not let every little thing distract your attention so that your entire focus remains towards your goal.
Chapter 8: Set up your business in such a way that it gives you an assured income and you can run it from any corner of the world
If you want to become rich even after enjoying every moment of life, then for this it is necessary that you have a sure source of income and such source can be found only from a business. But it is not only necessary to set up a business, but you have to set up a business in which your participation and responsibility are minimal. The author says that setting up such a business is not as difficult as most people understand.
In today's modern era, we can outsource everything. With the introduction of the concept of Virtual assistants, this work has become even more simple and economical. So all you have to do is to make a list of the work related to your business and hand over every work to the expert of that field, by doing this every work will be done in a better way and the load on you will also be less. Most of the outsourcing experts complete their work in the best way, just need to explain their work in a very accurate and clear way. If you are getting your entire business outsourced, then in such a situation, keep these two things in mind.
The first thing is that all the experts of your business can talk and discuss with each other without taking you in the middle. Never try to be a medium between them or else you will get upset as soon as you talk here and there. The second important thing is to let them all make their own decisions about their work until they themselves ask you, it is better that you do not interfere in the middle. If you do this then you will be surprised to see their work efficiency because they are experts in that field and they know better about that work so without your interference the work will be even better.
Chapter 9: Before you launch the product in the market, it must be checked that what is the response of the customers about it,
it is necessary for a consistent and good income, the product is necessary for business and business, so the easiest way of business is already in the market. It is easy to resell an existing product i.e. to become its reseller, but the income is also limited in this.
So if you want more profit and income then you have to bring your own product to the market. But there is a lot of risk in this work, so before making your product and bringing it to the market, you must check the response of the customers once.
There are many ways to know the response of customers, out of many such methods, the author has mentioned the most effective 2 methods in this book, the first of them is to create a fake online store, because nowadays the trend of online shopping has increased. So you can open a fake online store for your product, that is, as soon as a customer is impressed by the details of your product and presses the buy button on it, he will get the message that this product is not in stock yet. In this way, you can know how many customers clicked on your product i.e. your product will run in the market or not.
Another way is to run a false promotional campaign, that is, you start promoting your upcoming product before it is launched and the number of customers who click on your product after being impressed by your promotion, they will also become your real buyer in the future. . You can determine the packing of your product or its name through this method, such as promote all the ideas you have about your product online and choose the one that gets the most clicks. He also took the same route to choose the title of his this book "4-hour workweek".
That's why the author says that considering the risks of the market, never start selling your product without guessing.
Chapter 10: Behave like an experienced businessman and take special care while choosing your customers,
if you want customers to believe in your product, then it is necessary for them to believe in you and your company first, for this the author has done something special. Told to take care of things. The first thing that attracts customers is your knowledge and expertise in your field, like Ph.D. You can use a title like this so that your customers feel that you have a lot of knowledge in your field.
For example, if you make health and fitness-related products, then first you have to know everything about it yourself and deal with your customers as a fitness guru. For this, you can take the help of seminars and publicity.
The second important thing is that usually, customers prefer to associate with a big company rather than a small company, so customers buy your product, for this it is necessary that you show your company as a big company.
For this, you can write many e-mails and phone numbers on your website, so that it seems that many people work in your company. And on your contact page, use such words as Head of Customer Support, Head of Sales, etc. This will show that your company is very big and prestigious and more and more customers will be attracted towards your product.
• The third important thing is that not every customer is the same and even here you can adopt the 80/20 rule because 80% of your income is made up of only 20% customers. Similarly, only 20% of the customers who complain the most in your complaint box are also there. So in such a situation, it is necessary that you pay more attention to the 20% of customers who give income. And consider those who complain as a boon. Because if someone is complaining about your product then it means that he wants to stay with you, you just need to improve your product a little bit. So you keep on improving your product based on those complaints.
Chapter 11: Be beneficial to your customers and fulfill the big promises made to them.
Once your product starts selling, even after that your responsibilities do not end. Talk about it, and actually make the most of the benefits shown in the ad. Try to present your product well and set a price that gives you a good margin so that you can get maximum income in minimum sales and you do not have to bear the headache of many customers.
Another advantage of this is that the customer who is taking any goods even after paying more money, it means that he does not calculate every single penny, that is, even if your product does not meet all his expectations, he will still return it. Or don't bother to complain. You can also keep offers like money back or extra compensation for such customers as a premium customer will never take the wrong advantage of them. Therefore, take a wise decision so that you can get maximum benefit in minimum effort.
Overall, it is better to find your own source of income than to be a slave to a 9 to 5 desk job and join the list of new kinds of rich and enjoy all the pleasures of life today and now. Stop checking your e-mail in the morning and try to finish all your important work before lunch. If you are also one of those people who first check your inbox as soon as you reach the office in the morning, then you need to change this habit, because by doing this you waste your time in which you need to do your important work. had to settle. Check your inbox only after you have finished your important work by lunch.
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