“ Genre: Finance / Business / Career / Author: Timothy Ferriss / Paperback / 320 Pages / Book is published 2008-04-03 by Vermilion „
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About The Product
The 4 Hour Work Week is a self help book written by Timothy Ferris in 2007, it has sold more than 1,350,000 copies and has been on the New York Times Best Seller List for more than four years.
Can't describe the look of the book as I do not own a physical copy but have read it on my kindle.
My Opinions & Experiences
The title "The 4-Hour Work Week" and sub title "Escape The 9-5, Live Anywhere And Join The New Rich" are very catchy and this no doubt has aided book sales, however it was very hard for me to take the title in particular with little more than a pinch of salt upon downloading the book.
I have read a number of self help books in the past varying on topics including interview techniques, marketing, online business, language and more. I enjoy reading but usually can only read so much of these self help titles before getting a little confused with mixed messages from other sources I have read or simply being bored. I can say that the 4 hour work week was very different in that I enjoyed the read, often saying to myself "that's a great idea", "I must do that" and read it from start to finish in the space of four days funnily enough.
I was sceptical at the start and to a degree still am, Tim seems to do a fair bit of blogging and advertising of his books/products which I feel makes the title a little misleading, although like me I doubt many people purchase it feeling it is truly possible. At the end of the book I feel as though if you did take everything from it to the absolute extreme it could be possible but you would require a fair bit of capital to begin with.
I'm a small business owner and so my inspiration for reading the book was to find new ideas in which I could grow the business and help with income streams and managing my time more efficiently.
The book provides some fantastic information about how to make your time ten times as productive which in essence is an indication as to why the book was named so, I find it hard to believe many will achieve a 4 hour work week but if you don't take it literally you could easily free up time by spending the time you do work far more productively and it is this that thrilled me the most when reading.
The book reads like Tim is giving you a lecture, excitedly telling his story, from work slave past to living a much more enriched life while making more than he ever did previously. There are sections where you need to answer questions, small stories from people who Tim has helped, there are little tasks that you should try to implement and there is a good amount of ideas that will provide you with motivation, inspiration and a new desire to have the life you want.
To summarise if you don't take the title too literally and open your mind to some of the ideas Tim proposes then you could easily find some inspiration with which to improve your life.
It seems to be almost every day that you hear of a new book that claims to be revolutionary and when someone recommended this book to me, telling me that it would change my life, I think I probably rolled my eyes.
However, I thoroughly recommend this book to anyone who thinks there's more to life than commuting to work, the daily grind and working for someone else.
The main premise of the book is that it can teach you to "live anywhere and join the new rich". Note that it's not a get-rich-scheme. Modern wealth, argues Tim Ferriss, is not having millions in the bank, but having the time and spare cash to do what you want. This is an idea that my friends and I had been toying with for a while. What is the point of working and working and working if you don't have time to do the things you want to do?
And boy is Tim Ferriss an inspiration in these things. He's the same age as me, but when I read the book, I assumed he was a lot older as he has managed to achieve the following in his life:
-No holds barred cage fighter
-first American in history to hold a Guinness World record in Tango.
-National Chinese kickboxing champion
Amongst others, and he can now add "best-selling author" to the list!
While his book might not work for everyone, it certainly will work for most employees, thanks to the technological world we live in. Tim Ferriss tells you how you can make IT work for you and cover your tracks so that if you decide to work from Buenos Aires for a month, you can. Even if you work in a job where you can't work from home, it's still a hugely inspirational book and well worth a read. For example, one of the first things I put into practice, was his timesaving notion that we spend a lot of time (particularly me as I am a newsjunkie) reading papers and ensuring that we're full to the brim with information. He suggests an information diet - I immediately deleted all my google alerts which were a huge time sap and sending me down rabbit warrens of finding out more and more and checking out irrelevant blogs!
This book is permanently by my bedside table - I regularly dip into it to remind myself that life is not all about working yourself to the bone to make someone else rich. I thoroughly recommend Tim Ferriss' book and I note that he has applied the same theories to "The four hour body"...I'll get back to you on that one!!
Tim Ferriss has really hit the nail on the head with this book. I, like many others I am sure, have been preoccupied with trying to find a golden million making idea, all the while slogging it out in the 9 to 5. Alas, those ideas are rare and Tim Ferriss enlightens us with the fact that it is the 'millionaire lifestyle' we all covet as opposed to the millionaire material items. He admits that those items such as fast cars, big houses etc are nice but it is time, quality time at that, which is so precious to us. Time to relax and time with our loved ones. That and really seeing the world by planning 'mini-retirements' as opposed to short holidays so you can really take in the culture and heart of where you are rather than just sit by a pool. However, that is also fine if that is what you want to do!
Learning new skills is also emphasised in this book, and scheduling time to expand our minds and learn. He really focuses on achieving your chosen lifestyle and having a business, but not a business which you have to spend 12 hours a day cosseting, a business that in essence 'looks after itself'. Outsourcing the main administration and dogsbody aspects of your chosen business is suggested to leave you time to really live your life.
The book is packed full of inspirational ideas and really got me buzzing with enthusiasm. I have read many books like this one but none have made me sit up and say 'yes, this is not how things have to be - I can do this!'. A week later and I have come up with my plan, and have handed my notice in! After all we only get one shot at this life....so adhere to the warning that is on the back...don't read this book if you don't want to quit your job!
A great title and immediately caught my attention when I was walking through the book shop!
After having read it several times I found the content more annoying and partronising the more I read it. The book is written by a young american that has some interesting values when it comes to making a living. He appears to have done well for himself and claims the system he used is in the book really worked for him.
One of the concepts that I struggled with was the art of delegation chapter. This basically involved delegating the majority of your work/business to a third party overseas (where it is cheaper obviously). Besides the obvious moral dilema here If the whole world followed the authors instructions who would actually be doing the work as there would be nobody left to delegate to!
Some chapters were useful. I particularly liked the concept of the low information diet and I think that people in my profession would really benefit from following this! I also found the cahpter on product creation interesting and references to the the pareto 80/20 principle were also gems in this book.
All in all a usefull book for those people that want to look to building a business or go self employed but only for the sections that I have just mentioned!
This review is for the paperback book "The Four Hour Work Week" by Timothy Ferriss. The book is sub-titled, "Escape the 9-5, Live Anywhere and Join the New Rich", and that is exactly what this book aims to be, a business guide to help you get rich.
I happened to find this book in the library on the recently returned shelves, and wondered if the person who had just returned to it was now wealthy! Just in case I was missing anything, I thought that I should give it a read!
The style of the book is very informal, and the author uses a bragging style to show what he's done, and how he's done it. The book has been a great success and topped numerous best-seller lists. Given that the author is around 32, so if he really is wealthy, he has certainly done well for himself.
I found that the book was interesting to read, although the tone of the book is a little patronising. The author might though say that this attitude is one you need to be able to say to your boss that you only want to spend a few hours a week at work!
I won't go through every idea that the author puts forward in the book, but one is that you should out-source your work, and indeed even parts of your social life, to an agent in India. The author argues that this is cost-effective, and in theory this seems like a sensible idea, it's best to pay someone else to do mundane things so that you can focus on making money.
There are some problems with this, it might be a bit of a false economy, standards using a third party company in a different country really must be hard to keep. Let alone the language and cultural barriers, is it practical for most people to be able to use this method?
I did though check some blogs and web-sites to see if others had used these third party agents, and some had tried it, and found that it really didn't work. That was certainly my impression as well, although I'm sure that these problems can be partly overcome.
There are actually four sections in all, definition (defining what your project is), elimination (time management), automation (as mentioned above, really getting others to do work for you) and liberation (styles of work).
Within these sections, the delegation ideas were quite interesting. The elimination section was also seemingly quite relevant, making you focus on which clients and customers you have that actually make you the most money, and which might not necessarily be worth keeping.
The book claimed that it would help people only work for a few hours each week. For those already self-employed, I can see that this is possible, and the book does have lots of useful and interesting ideas. I'm a little unsure though how easy it would be for someone in full-time employment to convince their boss to use these new styles of working though.
Just as a note, the author is American, and the web-site links, pricing and ideas are really designed for the American market. Although this doesn't mean that the book isn't relevant for the UK readers, it does mean that you might have to do additional research. For example, the links to sales reps and fulfilment agents are all American, so you'd have to find your own equivalent UK businesses to partner with.
The book retails for 11.99 pounds, but at the time of writing, you can buy the book from Amazon for 7.74 including postage. If you're happy with a second hand copy of the book, then currently these are available on sites such as eBay and Amazon for around five pounds including postage.
Overall, I found this an interesting book to read through, and the way it was written was quite motivational. Given that motivational edge to the book, it's definitely worth a read, but I'd have to say, that I wasn't entirely convinced that this will work for a lot of people, but it's definitely worth people having a look to see if the subject interests them!
This guy is a genius! He knows what he wants, he works out how to do it, and he just does it!
This book details his plans for setting up businesses that will generate income with the smallest amount of time investment. He shows you how to work out what you want from life, and figure out just how much money you'll need to achieve it, and then how to set up revenue streams based on your areas of knowledge.
The great chapters can be augmented by Tims website (http://www.fourhourworkweek.com/blog/).
Even if you don't follow all the actions religiously, I find that just dipping into the book every so often tops up my levels of motivation enough to keep me on track and working towards my goals.
This book is packed with useful tools, like the Dreamline worksheet which helps you break down your goals into achievable time bound steps. A definite sound investment.