Key Insights From:
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
By Timothy Ferriss
Key Insights From:
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
By Timothy Ferriss
What You'll Learn:
There’s a wave of entrepreneurs known as the New Rich. They’re not all millionaires, but they live like kings and queens. They take mini-retirements throughout their lives rather than waiting for a post-65 golden era. They’ve found ways to work less while maximizing effectiveness and profit. They have a consistent cash flow without constantly attending to it. They work remotely, sometimes all over the world, and for far less than daily expenses they’d pay living in their home country. It’s not difficult to do; it just requires a different way of seeing the world. By upending assumptions about wealth and choosing the more effective path to financial freedom, you actually can have it all: not just income, but also time and mobility.
Key Insights:
- The conventional retirement model we’ve blindly accepted is bunk.
- The path to joining the New Rich involves defining what’s important, eliminating what’s not, automating the menial, and increasing mobility.
- You don’t have to break the rules, but you can make new ones.
- Working for work’s sake is hell; find the tasks worth doing and eliminate the rest.
- Hiring a virtual assistant from a developing country is an affordable way to save time, money, and autonomy.
- For the globally inclined, working remotely allows you to take mini-retirements in exotic places for cheap, enriching your life and saving you money.