Book review for “The 4-hour work week” by Tim Ferris, a book that changed my life.

Quotes:

  • Being busy is a form of laziness–lazy thinking and indiscriminate action
  • Relative income is more important than absolute income. Absolute income is measured using one holy and inalterable variable: the raw and almighty dollar. Jane Doe makes $100,000 per year and is thus twice as rich as John Doe, who makes $50,000 per year.Relative income uses two variables: the dollar and time, usually hours. The whole “per year” concept is arbitrary and makes it easy to trick yourself. Let’s look at the real trade. Jane Doe makes $100,000 per year, $2,000 for each of 50 weeks per year, and works 80 hours per week. Jane Doe thus makes $25 per hour. John Doe makes $50,000 per year, $1,000 for each of 50 weeks per year, but works 10 hours per week and hence makes $100 per hour. In relative income, John is four times richer. Of course, relative income has to add up to the minimum amount necessary to actualize your goals…”

Overview:

The book is basically about employing clever, unconventional thinking to improve your productivity and improve your career goals to have a much better life. It challenges you to dream bigger and think better, to eliminate clutter, automate where possible and liberate yourself from the 9-5. It shows you how to travel the world in comfort without spending a lot of money as well as many other tips to get the most out of life. It talks about parkinson’s law, the 80/20 rule, virtual assistants, interrupting interruptions, Return-On-Effort, Relative income, Geographical arbitrage, passive-income business creation and more.

How this book helped me:

After slamming face first into a wall of evidence telling me shit I could no longer ignore, that millions of dollars won’t, don’t and can’t buy you a satisfying life, I was scrambling to figure out just what the fuck I would do with my career to pursue my new objectives for it. They’d gone from maximising income pretty much at any means necessary to maximising autonomy and time for hobbies and a valuable social network and things. Objectives which were not spoken of in the dozens of money-advice texts I’d read with such relish thus rendering me basically shit out of luck.

Then I came across the four hour work week, and the path to my new career objectives looked far more clear.

The book got me to challenge the goals I had for the life I could live, which I’d subconsciously downgraded to something fairly mediocre and

opened my eyes to what was possible

. It got me to stop consuming useless information and focus on what was important, when it was important. It got me to re-evaluate this very stupid notion of

9am to 5pm

being the ideal working hours for every office job ever and opened my eyes to the alternatives. Through re-evaluating my understanding of productivity and through following the productivity tips like using parkinson’s law, the 80/20 rule, interrupting interruption and so on

I found myself confused as to what the fuck to do at work after completing my normal day’s workload in like two or three hours.

I’ve now got plans to travel more extensively using the amazing and original tips he’s advised to make travel much cheaper and better. I’ve also been making progress in obtaining more autonomy in my career and a ball has been set in motion which will significantly change my life.

Thank fuck I found this book

is all I can really say, it delivered a well-needed kick in the head.

Where in your journey this book fits:

At the start of your career goals, after finding out your chief goal and seeing how your career and wealth fit into that this book can help you to achieve those career goals through some clever tactics to implement.

The style of the book:

A bit all over the place, pretentious at times, not detailed enough for the entrepreneurship he advocates but just spot on with the ideas it introduces, sort of what you’d expect from such a lateral thinker. The reviews I’ve read of people dissing the book seem to be more about the reviewer’s lack of imagination and unwillingness to admit their own flawed career strategy than anything else, they also seem to just not like the author himself, which doesn’t make the ideas any less practical fortunately.

Where you can learn more about it:

http://fourhourworkweek.com/

http://www.amazon.com/4-Hour-Workweek-Anywhere-Expanded-Updated/dp/0307465357/ref=asap_B001ILKBW2_1_1?s=books&ie=UTF8&qid=1417494195&sr=1-1

http://www.wikisummaries.org/The_4-Hour_Workweek

http://www.forbes.com/sites/joshsteimle/2013/05/31/a-love-letter-to-tim-ferriss-the-4-hour-workweek/

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