My Take-Aways from the The 4-Hour Workweek

By Mike Maddaloni on Saturday, August 04, 2007 at 10:31 AM with 1 comments

The title alone enticed me to read it – The 4-Hour Workweek. Who doesn’t want to work just one-tenth of the standard work week? Not knowing anything more about it, other than it being mentioned on numerous blogs and podcasts, I picked up a copy and read a great book that both reaffirmed and inspired.

Tim Ferriss wrote this book based on his life. He was a typical office worker who was frustrated with his situation. He then took a look at his life, what he wanted to do, and built a business of selling supplements where all company functions were outsourced and he only needed a few hours a week – thus the title – to operate his business. With the rest of his time he travels the world, learned martial arts and to dance, and now is an author and speaker.

You don’t have to want to be an entrepreneur to read this book. It gives a unique perspective to how people spend their time, and how they could be spending their time. Even if you like what you do for a living – like myself – there is plenty to enjoy about this book.

My biggest takeaway from 4-Hour is quantifying your goals and dreams. Many people want to do something but think they can’t do it for many reasons, namely they can’t afford to. He talks through scenarios in his own life and even offers planning tools on his Web site to help you objectively determine if you can really do what you want to. In most cases you probably can, and seeing it in black and white will help you move towards your dreams.

Ferriss also professes something I have mastered owning my own business, working remotely. Many companies are moving towards telecommuting, but many do not allow people to work from home, or wherever they are connecting to the Internet. I once worked for a company that would not allow this as the director of my department liked seeing people in their cubicles! He walks the reader through how to approach it and once approved, how to manage it. With voice-over IP technology today, you could be calling a vendor from Denmark without them even knowing you’re outside of the US... not that I have done that myself!

Outsourcing is a key to how Ferriss has been successful. Some may not familiar with outsourcing overseas or the thought of someone in India balancing your US checkbook may be hard to grasp. The old adage that someone who earns $100 an hour should not be doing a task that can be done by someone who earns $10 an hour is a simplification of this concept, and taking a hard look at your life will probably show some of these tasks that can be done by others.

I recommend this book for anyone, whether you are an entrepreneur or are well into your career in a company. It is a high-energy and positive read and give many examples of services you can use to help you reach your goals, even if you just want to stay working under 40 hours a week.

This is from The Hot Iron, a journal on business and technology by Mike Maddaloni.

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