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"Fun things happen when you earn dollars, live on pesos, and compensate in rupees, but that's just the beginning." Tim Ferris, 4 hours work week
This episode discusses the book 4 hours work week.
New Rich
Tim Ferris defined the "New Rich" vs current high-income earner, coined lifestyle design, and digital nomad. The book talks about escaping 9-5, beat the rat race, and introduce 4 steps DEAL.
- Define
- Eliminate
- Automate
- Liberate
Emphasizes strength, don't fix weaknesses to increase productivity
Mini retirement : Retirement is a scam. Do not live life frugally just to reach retirement at old age. Take mini-retirement from 2 weeks to one month
Parkinson Law : Set a short time frame and complete it
80/20 rules: spend 20% of your daily effort to achieve 80% of results
Email Etiquette : Check your email at a specific time of the day. Off the email notifications as each notification pop up will take away your 7 seconds on attention span
Meeting : stand up meeting so that everyone will state the main point and keep the meeting short
Not stay back for OT : You are allowing yourself to be not productive during work hour. Your productivity will drop after a certain work hours
Learn to say no : Be a NO-man and put back the focus back to what is important to you.
"Fun things happen when you earn dollars, live on pesos, and compensate in rupees, but that's just the beginning." Tim Ferris, 4 hours work week
This episode discusses the book 4 hours work week.
New Rich
Tim Ferris defined the "New Rich" vs current high-income earner, coined lifestyle design, and digital nomad. The book talks about escaping 9-5, beat the rat race, and introduce 4 steps DEAL.
- Define
- Eliminate
- Automate
- Liberate
Emphasizes strength, don't fix weaknesses to increase productivity
Mini retirement : Retirement is a scam. Do not live life frugally just to reach retirement at old age. Take mini-retirement from 2 weeks to one month
Parkinson Law : Set a short time frame and complete it
80/20 rules: spend 20% of your daily effort to achieve 80% of results
Email Etiquette : Check your email at a specific time of the day. Off the email notifications as each notification pop up will take away your 7 seconds on attention span
Meeting : stand up meeting so that everyone will state the main point and keep the meeting short
Not stay back for OT : You are allowing yourself to be not productive during work hour. Your productivity will drop after a certain work hours
Learn to say no : Be a NO-man and put back the focus back to what is important to you.