| | |  | Books | Home » » The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich | | | | | | | Description: | | What do you do? Tim Ferriss has trouble answering the question. Depending on when you ask this
controversial Princeton University guest lecturer, he might answer:
“I race motorcycles in Europe.”
“I ski in the Andes.”
“I scuba dive in Panama.”
“I dance tango in Buenos Aires.”
He has spent more than five years learning the secrets of the New Rich, a fast-growing subculture who has abandoned the “deferred-life plan” and instead mastered the new currencies—time and mobility—to create luxury lifestyles in the here and now.
Whether you are an overworked employee or an entrepreneur trapped in your own business, this book is the compass for a new and revolutionary world. Join Tim Ferriss as he teaches you:
• 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 freuent "mini-retirements"
• What the crucial difference is between absolute and relative income
• How to train your boss to value performance over presence, or kill your job (or company) if it’s beyond repair
• What automated cash-flow “muses” are and how to create one in 2 to 4 weeks
• How to cultivate selective ignorance—and create time—with a low-information diet
• What the management secrets of Remote Control CEOs are
• How to get free housing worldwide and airfare at 50–80% off
• How to fill the void and create a meaningful life after removing work and the office
You can have it all—really. | | | Features: | |
• ISBN13: 9780307353139
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
•
| | | Product Details: | | | Author:
| Timothy Ferriss | | Hardcover:
| 320 pages | | Publisher:
| Crown | | Publication Date:
| April 24, 2007 | | Language:
| English | | ISBN:
| 0307353133 | | Package Length:
| 8.3 inches | | Package Width:
| 5.8 inches | | Package Height:
| 1.0 inches | | Package Weight:
| 0.95 pounds | | Average Customer Rating:
|  based on 909 reviews |
| | | | Customer Reviews: | |
Average Customer Review:
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1 of 1 found the following review helpful:
This is a great book, but it may not be great for you...cautionNov 08, 2009
I work primarily with entrepreneurs looking to start a business or develop a product. Since Tim wrote his book I have conducted approximately 10 studies based on the Ferris model for product and business development using adwords, ebay, and elance. In fact, I am an elance provider and have been so for six years. I feel obligated (for some reason) to state the following,
If you don't know how to make money in your own town, you probably won't be very successful online either.
You can lose a SIGNIFICANT amount of money online if you are not careful. THINK ahead of time....how much time and money do I want to put at risk? In other words, if I lose $1000, will it be worth it?
Tim's process outlines a method to test a product or concept. You still have to have a REALLY good idea or product that people actually want to buy. Do some initial research first before you start anything or spend any money. Are there many competitors? What are their prices? What are their marketing messages? Who is buying their products? First and most important, ask your friends and family what they think about your idea. They care about you (hopefully) and will be honest with you. It is NOT EASY to come up with a good, profitable idea. The .com bust is evidence of that.
Before you start on ebay or adwords, understand some basic concepts about marketing and advertising. These are just online tools that are just that, tools, and the olds rules of messaging still apply. You can waste A LOT of money on adwords if you do not know what you are doing with your ads and keyword targeting. I am asked constantly to fix adwords campaigns that are losing $200 to $300 a day. These are not large enterprises but people and small businesses tapping their life savings hoping to score online. It seems to me Adwords has become significantly more expensive since Tim wrote his book. It has also become significantly more complicated so take the time to understand it well before you begin.
Develop a product or idea that you understand and enjoy. You do have to put some energy into it, especially in the beginning, and it might as well be something you like. Once you understand the model it will be easier to disconnect from the product or business and focus on profitability alone.
Because I am passionate about innovation and entrepreneurship I highly recommend Tim's book and think it has never been easier to start your own business and have the a entirely different type of lifestyle your parents could never have imagined (and good luck explaining it to them). In fact, I have done it myself. However, be smart about it and know when to get out, move on, or come up with a better idea.
3 of 4 found the following review helpful:
 Yeah, right.Nov 07, 2009
So, basically, leech off everyone else and you can do whatever you want. Don't take the time to be informed. Let other people do that and then just ask them when you need to know something. Get your company to let you work from home so they can't see that you're spending your time screwing around. The author says you don't need to own your own successful business the way he does, but, then, how would he know? I'll be honest. I didn't read the whole book. The more I read the angrier I got with myself for buying the book in the first place until I just couldn't stomach it any more.
 Fabulous!Nov 07, 2009
Great book with everything you need to replicate a hands free business. Resources alone are worth the price of this book!
Solid, Easy to Understand InformationNov 06, 2009
Tim does a great job of sharing facts and experiences without overwhelming the reader with too much "Me" talk. This book includes resource information that business owners and managers will find extremely valuable.
Lifestyle Design At It's Best... [...]Nov 05, 2009
Running a home and online business, I was searching for a way to step back from it all and tap into the beauty of not being directly tied to the corporate world. After reading Tim's book, it opened my eyes to a world that I was imagining for myself, only now I had the "next steps" to make it all a reality. It just goes to show that when the student is willing, the teacher will emerge... or something like that :) Highly recommended for people to realize that there is more to life than 9-5 in your cubicle, and a practical piece of writing for entrepreneurs who want to experience the lifestyle that they envisioned for themselves when starting a business... from geo arbitrage, to lifestyle design... the 4 hour work week has it all!
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