Or, perhaps treasure hunts aren’t your thing (too old for those childhood games)?
Well, I DO like puzzles and games and treasure hunts.
In Tim Ferriss’s, “The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich”he claims to have “hidden passwords” within the book to access “some of the best” he has to offer, but due to time constraints wasn’t able to elaborate on the following:
- How to get $700,000 of advertising for $10,000 (includes real scripts)
- How to learn any language in 3 months
- Muse Math: Predicting the revenue of any product (includes case studies)
- Licensing: from Tae Bo to Teddy Ruxpin
- Real licensing agreement with real dollars (this alone is worth $5,000)
- Racier new rich case studies and interviews
- Online round-the-world (RTW) trip planner
~~~~~~~~Only I didn’t find any passwords, or get any prize (at least in this way).
But just because I’m not bright enough to see through the game of hidden passwords doesn’t mean you’re not. I would never in a million years tell you that it was a waste of time to read this book on account of my brain dump, no!
There’s so much more valuable information than what’s been listed above (and, if you can discover the hidden clues- kudos to you!).
Tim gives a step-by-step guide to luxury lifestyle design teaching,
- How he went from $40,000 per year and 80 hours per week to $40,000 per month and 4 hours per week.
- How you can 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 frequent “mini-retirements”.
But there’s a warning- Do not read this book unless you want to quit your job.
I read this book through once and was intrigued by all of the information. I’m now reading it again and am quickly becoming overwhelmed. This is not your average “Get Rich Quick” book. In fact, Tim doesn’t really encourage “getting rich”; he promotes what he calls, “mini retirements” and a group of people coined, “The New Rich”.
A mini-retirement equals several sporadic months long sabbaticals throughout your life vs. working like a dog for 40-50 years and then diving into the “golden years” (and depending on who you are may or may not be so golden).
Tim makes an interesting observation here regarding those golden years- “Most people will need to be able to retire and maintain even a hotdogs-for-dinner standard of living. Even one million is chump change in a world where traditional retirement could span 0 years and inflation lowers your purchasing power 2-4% per year. The math doesn’t work. The golden years become lower-middle-class life revisited. That’s a bitter sweet ending.
If the math does work, it means that you are one ambitious, hardworking machine. If that’s the case, guess what? One week into retirement, you’ll be so damn bored that you’ll want to stick bicycle spokes in your eyes. You’ll probably opt to look for a new job or start another company. Kinda defeats the purpose of waiting, doesn’t it?”
I think this is a valid argument. You really have only two (or three) scenarios: working till you die because you can’t afford to retire, or if you do, you need to eat dirt to stay alive. Or, you’ve worked your fingers straight into bony nubs and now that you’ve retired, you’re so bored out of your mind you quickly slide into head-long depression. So, what’s the alternative?
The goal isn’t to wait till the end of your life to retire. Mini-retirements throughout life instead of hoarding the recovery and enjoyment of the fool’s gold of retirement is the aim of the new rich. By working only when you are most effective, life is both more productive and more enjoyable. It’s the perfect example of having your cake and eating it, too.”
So, how does this work? Tim goes straight to the nitty gritty by helping you overcome your biggest deterrents right now when it comes to jumping off the grid. And, by jumping off the grid, I mean like, leaving the rat race and enjoying your mini-retirements now. Because after all, isn’t that why you’re here?
OK, so what’s first on the agenda?
Learning the word DEAL- which stands for Definition (defining your lifestyle design recipe, i.e., learning how the new rich operate), Elimination (by increasing your efficiency and time), Automation (your income goes on autopilot- NICE), and Liberation (“the mobile manifesto for the globally inclined”. If you’ve never heard of “geoarbitraging” you’re in for a treat!). However, DEAL is not the be-all end-all for this. You will also need to know the following:
- Getting over and conquering fear
- Learning that money alone is not the solution
- Overcoming the power of pessimism
- How less does not equal laziness
- Defining your worst nightmare, and
- How relative income is more important than absolute income (this one got me thinking)
Sounds great, right? To me I find it simply fascinating. I’ve been prompted in a variety of ways to really re-think what it is that makes me happy. And, there are so many. But, that’s not the question you need to figure out (even though it’s a good one). The 4-Hour Workweek digs down deeper and asks a different question:
What is it that excites you?
Living like a millionaire requires doing interesting things and not just owning enviable things. Maybe you can’t pinpoint what exactly that is. No worries, as the book gives you a step-by-step program called, “Dreamlining”. It applies timelines to what most would consider dreams. It is much like goal-setting but differs in several fundamental respects. It’s a fun (but hard) exercise in thinking big and reversing repression (who knew we needed that?). There are six steps and even an example worksheet to get your brain juices flowing.
Since the opposite of happiness is boredom, drawing a roadmap of what it is you want to do in life is crucial to strategizing plans in the process of: 1) eliminating unnecessary work, 2) prioritizing what is important and then, 3) implementing the tools you need to be highly productive during the hours you choose to work (Tim shows you how to do this if you are already currently employed 9-5, we’ll get to this a little later).
You will learn what time management should be, how you will use productivity, and learn the difference between “effective” vs. “efficiency”. Tim shows exactly how he used the words of an often-forgotten Italian economist to turn a 12-hour work day into two-hour days… in 48 hours. Would you believe that you can actually increase your per-hour results ten times or more with his counterintuitive techniques (as far as being SUPER productive, he even shows you how to read 200% faster in 10 minutes (pg. 85), talk about being efficient!).
Now that you can learn to be effective, efficient and become the eliminator of unimportant things, what’s next? Well, I thought we’d get to the area of automation. What do we need to do to put our income on auto-pilot?
How many of us can truly grasp how cool that would be? But, not only can we learn how to do this, but learning it with the understanding that even if it’s not enough to live like a millionaire in the United States, you CAN live like one while traveling around the world. Say what?!
Don’t get scared. Just stay with me…
Till next time…
Oh, and P.S. I can’t wait to show you the Liberation step!
P.P.S. If you really can’t hold water till my next post, check the reviews out in the meantime by going HERE.