In this fascinating book, Timothy Ferriss details his road to financial success and the steps he took along the way. His plan is simple to follow, easy to apply and relevant for anyone looking to make a change.
Forget the old concept of retirement and the rest of the deferred-life plan - there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, this book is the blueprint.
This step-by step guide to luxury lifestyle design teaches:
This new updated and expanded edition includes:
Please Note: The audio references accompanying material that is not included with this audiobook.
©2011 Timothy Ferriss (P)2011 Random House Audiobooks
This a fascinating book, no other words for it. It approaches an interesting topic (making money in a digital age) with new insights and ideas, all told with great energy by the narrator Ray Porter. Right at the outset Tim Ferriss makes it clear that his book is not about becoming a millionaire overnight or any 'Get Rich Quick' schemes, but is simply his own experiences of how he managed to reduce his work-hours and yet still earn enough to enjoy a lavish lifestyle. This is whet he means by 'New Rich'.
But there's the rub; many people reading this will be looking for ideas to help them break away from their 9-5 and, for me, the whole premise fell down when you realise that Ferriss already had an established successful online sales business when he came up with radical new ways to use technology and the digital market to minimise the time he needed to spend operating his business.
A keystone is the use of Virtual Assistants, and Ferriss is very positive about the services you can buy cheaply from India. Now I don't know when this book was written, but at the time of writing this review (Jan 2016) many companies are moving away from outsourcing to India due to the general poor quality of the services and goods provided, making the implied cost savngs unachievable as everything has to done 2-3 times (if you're lucky)
Some of Ferriss' ideas are interesting whereas others I just didn't follow. In one chapter he mentions how, if one of your dreams is a supercar, then these can be bought on credit at very good rates. This is true; as a former Aston-Martin owner I will agree ownership is indeed within most people's grasp. But as any 'supercar' owner will tell you, buying the car is the easy bit; keeping it is the challenge. A service on my DB7 started at £1000, throw in an oil change or a new part and you're well into the £2K mark. Plus, wouldn't having such a financial commitment make you more reliant on your 9-5, not less?
If you're looking for a change of direction work-wise this book is not for you; if you already have a successful business and are frustrated with the time it chews up then this book is definitely aimed at you
I started listening to this without any expectation and, at first, found it a bit condescending. However, once past the initial barrage of criticism of 'ordinary' people who go to work every day and look forward to retirement as their reward for all their hard graft, I found it really inspiring. He is right of course; sacrificing your happiness now in the hope that you can do / be all of the things you want to when you retire is pretty stupid. This book isn't so much a self help book in the common psychological sense, but real practical tips and advice on how to actually free up your time to do the things you want to do, with a sprinkling of inspiration just to whet your appetite. Turns out, I really enjoyed it and have started listening to it again :)
I like audiobooks that are narrated by the author. They are read in the same energy as how they were wrote; you begin to understand and keep track of the text when you feel someone is genuine about reading it to you. I'll still listen to it but I feel it'd have been more engaging if it was read by the source. But I guess that's what the 4 hour work week is all about :)
Essentially it's a simple principle - technology has made doing business easier so use it to be more efficient and cut working hours. You can even work where you want.... who knew?
Ironically the principles of the book apply directly to itself.
80% of the good content is found in 20% of the book.
The book is an automated income generator.
The book spends most of the chapters promoting Tims blog to drive advertising.
What 3 YouTube videos on the book and save 12 hours of your life.
This book was a bit hit and miss for me. There are some great ideas for how to reduce your work load and work more efficiently, thus theortically reduce your working time. It's only really applicable for running your own business though and even then, the title is completely misleading because even Tim Ferris quite obviously works WAY more than 4 hours per week. However, there are some useful efficiency tips and it certainly helped me to think about work/business in a new way.
Yes because it is inspiring
I loved this book, it is fantastic and its incredibly inspiring. Unfortunately Ray Porter disengages me and his americanisms; the monotone nature makes me want to turn it off.
This book is mainly a list of web sites to buy "stuff" and a lecture on the bleeding obvious. Unless you want to start a web site selling "stuff" and then travel this book is not for you.
just an incredible book, well worth a read/listen. I'm a big fan of his other two as well. especially 4hb pulls no punches with the science behind the methods.
Great story and entertaining while teaching important life lessons. I read the book when it was first released and this audiobook still applies to today
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