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I really enjoyed this and found it motivating and insightful. I give it 4 stars because Ferriss is a little bit arrogant, but I might be too if I'd pulled this off! His advice and how-to instruction are practical and actionable, though he glosses over some very important parts of his own course to financial freedom (I assume to make it seem easier).
This book has some excellent redeeming qualities like the amount of excellent website references and ways to get your brain thinking past the normal 9-5 workday grind. Unfortunately, I think it suffers a little bit from some unrealistic, one-sided views about what life should be all about and about how one should be using their finances in the most responsible and helpful ways possible. Still, this is a book worth reading and purchasing if for no other reason than all of the excellent website links.
A lot of the information here is a bit out of date now, but the initial thesis still holds true: start living your life now, not at some undefined "later" date.
Terrible condescending tone, tech-bro bs.
Couldn't finish it. I was listening to the Audio version and it got way to technical with Math and couldn't keep up while commuting. Interesting ideas and very inspiring regardless.
challenging
informative
inspiring
reflective
medium-paced
Some of the information in this book is a bit outdated (tech moves quickly) but there are some excellent nuggets of valuable information to be found in this book. His ideas on testing business ideas are insightful.
The real motive behind the philosophy is that you set up systems in place that make you money (where other people do the work for you) so that you can do whatever your heart desires. There's a focus on travel but it could be so many other things.
The real motive behind the philosophy is that you set up systems in place that make you money (where other people do the work for you) so that you can do whatever your heart desires. There's a focus on travel but it could be so many other things.
This step-by-step guide to luxury lifestyle design teaches: how Tim went from $40,000 per year and 80 hours per week to $40,000 per month and 4 hours per week;
• how to 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
• 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.”
My Take: This is a very interesting book but do not be fooled by the catchy title. His ideas are core for any entrepreneur and his get going approach is admirable. If the title is taken literately, then it would seem to be just a scam. If read for its interesting ideas on business and life, then it is totally worth the read. Core ideas I will take away are:
• Starting a business doesn’t need to be hard, just take the first step.
• Living your life is critical in your life purpose. Find balance and commit to it.
• Apply the 80/20 rule where you can so you can apply your time where it matters.
• Be effective, not efficient, not busy.
• “Doing something unimportant well does not make it important”
• Charge a premium, have fewer clients, apply the 80/20 rule here.
• Validate a business idea before jumping in with time and money.
• It’s easier to achieve something great than something that’s just “good”
This was a reread for me (2018, 2019, 2020) for the revised edition which I recommend. The revised edition has a lot of updated information and examples on how other people applied the principles to their lives and the results which I loved. Still a highly recommended book.
• how to 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
• 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.”
My Take: This is a very interesting book but do not be fooled by the catchy title. His ideas are core for any entrepreneur and his get going approach is admirable. If the title is taken literately, then it would seem to be just a scam. If read for its interesting ideas on business and life, then it is totally worth the read. Core ideas I will take away are:
• Starting a business doesn’t need to be hard, just take the first step.
• Living your life is critical in your life purpose. Find balance and commit to it.
• Apply the 80/20 rule where you can so you can apply your time where it matters.
• Be effective, not efficient, not busy.
• “Doing something unimportant well does not make it important”
• Charge a premium, have fewer clients, apply the 80/20 rule here.
• Validate a business idea before jumping in with time and money.
• It’s easier to achieve something great than something that’s just “good”
This was a reread for me (2018, 2019, 2020) for the revised edition which I recommend. The revised edition has a lot of updated information and examples on how other people applied the principles to their lives and the results which I loved. Still a highly recommended book.
dummies guide to capitalism in the early 2000s
as i read all i could think was wow this guy must have a lot of opinions about post-covid work life, influencers and chatgpt
wish i enjoyed this more but unfortunately i did not
as i read all i could think was wow this guy must have a lot of opinions about post-covid work life, influencers and chatgpt
wish i enjoyed this more but unfortunately i did not
informative
inspiring
slow-paced
Lots of useful info which can be applied to most if not all situations, but also a lot of waffle as well as large chunks of info that only applies to very specific working situations.