Tim Ferriss – The 4 Hour Work Week

“Live Anywhere and Join the New Rich”

 

Summary of the 4 Hour Work Week

Get paid in Pounds, Live off bahts

  • Set up a business that pays in sterling or dollars. e.g. sell a supplement or rent out a house in the UK
  • Move to / Live in a country that has a cheaper cost of life. E.g. move to India from the UK, or move to Thailand from Australia.  But carry on running your business in the UK or Oz

Outsource

  • Outsource where possible to students, people in countries that generally pay less

Be Time Efficient

  • 80/20 rule.  Focus on what brings you 80% of your revenue, forget the rest. For example, if you advertise and manage advertising campaigns on 10 websites, and 1 website bring you 80% of your revenue.  Forget the 0ther 9 websites

 

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About Drew

MMA, Fitness & Marketing enthusiast from North Wales, UK. Aspiring hippy/Buddhist, most of the time.
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