Tuesday, 5 November 2013

The Four Hour Work Week by Tim Ferris

Tim Ferriss, in his recent book called The Four Hour Workweek, claims to be able to shift all your paradigms and change the structure of your billable hours during a typical work week.  Did I fall for it, yeah. I bought the book and dove head-over-heals into it thinking I would have my own, very magical system for generating huge sums of money with only four precious hours of my input.
He speaks of ways to look at your work using mathematical theories, and creative thought processes that, as claimed leave the reader with the amazing ability to reduce the work load to a mere list of critical elements that the reader deems necessary.  The rest can just be farmed out.

Did it work for me? Not exactly.
Does it work for him? Not even close.
Did I get a lot from the book, absolutely, and would I highly recommend it to you? Most definitely.

Just a quick Reader's Digest about me: I was working as a Realtor in my tenth year in the Toronto Condo Market approaching a catastrophic mid-life crisis as 40 loomed on the horizon.  I was very successful as a Realtor, but started to notice my passion for the job was starting to wane.  This should have been my first clue that something of change was about to set in.  With in the next few years I was barely able to get out of bed to do anything let alone Real Estate.  Shortly after my passion started to wane it started to disintegrate at an alarming rate.  I developed a paralyzing Fatigue related Depression and literally couldn't get out of bed.

I read The Secret, which blew my mind.  Turns out the Universe is a sort-of catalog of riches that one only needs to 'order' from.  Yeah, I fell for that too.  But when I say fell for it, I saw only what I wanted in it.  I wanted to 'order' a million dollars and just sit and wait for it.  One of the examples says to start small and 'order' a cup of coffee.  I had, after-all, had a few situations in my Life where I just looked at a car I desired thinking "I'm gonna drive one of those one day soon", and low and behold - I succeeded in owning them.  I started to see that the Universe was listening, but not all the time.

Let me qualify the statement above about whether it works for him, but let me start with a bit of History about Tim:  (Taken directly from Wikipedia, to save time)


Timothy Ferriss (born July 20, 1977) is an American authorentrepreneurangel investor, and public speaker.[1][2][3] In 2007, he published The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, which was a #1 New York Times bestseller, a #1Wall Street Journal bestseller, and a USA Today bestseller.[4][5][6][7] The 4-Hour Workweek has made the Best Seller List for 7 consecutive years from 2007 to 2013.[8][9] In 2010, he followed up with The 4-Hour Body, which was another #1 New York Timesbestseller.[10] Ferriss' third book, The 4-Hour Chef, was released in November 2012 and was a #1 Wall Street Journal bestseller.[11][12]  Ferriss is also an angel investor or an advisor to FacebookTwitterStumbleUponEvernote, and Uber, among other companies.[13][14]

In 2001, Ferriss founded BrainQUICKEN, an online nutritional supplements company. It made a product that was marketed as both BodyQuick and Brain Quicken, and whose ingredients included: "Cobalamin, Niacinamide, Folic Acid, 2-dimethylaminoethanol, Pyridoxine HCL, Pantothenic Acid (Calcium Pantothenate), Proprietary Cognamine™ Complex (including components of: Phosphatidylserine, Choline Bitartrate, Vinpocetine, Salix Alba, Thioctic Acid, L-Tyrosine, Ciwujia)."[19] It was claimed that this product would dramatically increase short term memory and reaction speed, taking effect within 60 minutes.[20][21] In 2010, he sold the company to a London-based private equity firm.[22][23]

Pretty interesting stuff eh?  Well BrainQuicken was a supplement that one of his professors created and essentially handed over to him to bring to the masses.  Must be nice to go to Princeton University get a Golden Goose like that and Bam you're on your way to riches.  He's a little on the Dorky side if you watch him in his videos.  But he has some amazing ideas and some great ways of looking at life.

So is he working a mere four hours a week? No.  By the looks of things he's 'working' 24/7 speaking publicly, investing his millions in start-ups, promoting his buddies, travelling the world learning unusual things.  I feel a bit like he's a 'Do as I say, not as I do' guy.  But does his system work - Hell Yeah.

Just look at the countless examples of success in the book, he's made a lot of people very wealthy, or rather given them the tools to make themselves very wealthy. He's a bit of a Midas and turning things to Gold just by his existence.

Got a business idea that you are trying to perfect?
Don't have a business idea, and want one?

Tim pretty much guides you in a general sense so you can take your life from 'Old-poor' to 'Newly-Rich'.  Do I strongly recommend reading it? Absolutely yes.  I don't guarantee you'll be rich by the time you finish reading it, but you will be well on your way.

Am I 'working' four hours a week and surviving - Yes I am - thanks Tim.  
Read on my friends.