4 Hour Work Week
Tim Ferris  

Summary

How to automate your life

Rating: 4/5

Notes

DEAL: definition, elimination, automation, liberation

‘Reality is merely an illusion, albeit a very persistent one - Albert Einstein

If you can free time and location, your money is worth 3-10 times as much

Everything popular is wrong

Different is better when it is more effective or more fun

Refinement is worst-case

Interest and energy are cyclical

Focus on being productive instead of busy

Ask for forgiveness, not permission

Top new rich make 5k for an hour of work

Define your nightmare outcomes in a positive scenario and what you’re scared off

What we fear doing most is what we most need to do

Doing the unrealistic is easier than doing the realistic

Fail better. Contacts celebs and investors to get advice from those at the top

Send 2-3 paragraph email and one simple but thought provoking question

The most important actions are never comfortable

Apply the 80/20 principle to all aspects of your life

Doing less is the path of the productive

Parkinson’s law: the task will happen in relation to the time given

‘If this is the only thing I accomplish w/ my day, will be satisfied with my day?

Reading after a certain age diverts the mind too much from creative prospects. Any man who reads too much and uses his brain too little falls into the lazy habit of thinking - Einstein

Problems solve themselves if you remove yourself from the info bottleneck/disappear

Do a 1 week media binge and go cold turkey

Develop the habit of non finishing

Batch your time. Define set times to do tasks

Give employees responsibility to make their own judgements

People are smarter than you think. Give them a chance to prove themselves

Eliminate stories. Get to the point.

Use evernote for notes and all paper, take picture to eliminate it

Build a system to replace yourself

For virtual assistants, do per task costs

Change passwords for virtual assistants

Schedule emails to go out

Make the entire operation automatic

Contact outsourcing companies instead of individual freelancers

Offer a performance guarantee

Fortune favours the bold

If you can’t define it or act upon it, forget it

Improve the world however you want, not what people think

Time without attention is worthless, so value attention over time

There are no statues erected for critics

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