The 4-Hour Workweek – notes 1

 

This is the book that changed the way I think : The 4-Hour Workweek by Timothy Ferriss. As I’ve mentioned before, it made me dream and envision what I want to do with my life for now on. This is why I want to share with you some of my notes. In today’s post something from step E (Elimination). For downloading this book from Scribd, click here.

Being busy is a form of laziness – lazy thinking and indiscriminate action. Lack of time is actually lack of priorities. So, you should:

  1. Limit tasks to the important to shorten work time (Pareto rule 80/20)
  2. Shorten work time to limit tasks to the important (Parkinson’s Law)

=>Identify the few critical tasks that contribute most to income and schedule them with very short and clear deadlines.

Ask yourself the following questions:

?Am I being productive or just active?

?Am I inventing things to do to avoid the important?

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

 What information consumes is rather obvious : it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the over-abundance of information sources that might consume it. (Herbert Simon, Nobel 1978, he also said “It is impossible to have perfect and complete information at any given time to make a decision.”)

 When checking mail, ask yourself : “Will I definitely use this information for something immediate and important?”

 Life doesn’t have to be so damn hard. It really doesn’t.

 An expert is a person who has made all the mistakes that can be made in a very narrow field. ( Niels Bohr)

 The first principle is that you must not fool yourself, and you are the easiest person to fool. (Richard P. Feynman)

 Being financially rich and having the ability to live like a millionaire are fundamentally two very different things. Money is multiplied in practical value depending on the number of Ws you control in your life : WHAT you do, WHEN you do it, WHERE you do it, and WITH WHOM you do it. I call this the “freedom multiplier”.

 The timing is never right. If it’s important to you and you want to do it “eventually”, just do it and correct course along the way.

 Ask for forgiveness, not permission. Get good at being a troublemaker and saying sorry when you really screw up.

 

…to be continued 🙂

 

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