The 4-Hour Workweek: Myths, Fallacies, and What Actually Works
Within months of my coming online as an entrepreneur back in 2006, Tim Ferriss released his book, “The 4-Hour Workweek: Escape 9–5, Live Anywhere, and Join the New Rich” to the world. Entrepreneurs, small business owners, and those in the corporate world would never see their business life in the same way again. I was one of the many people who purchased the book and left a 5-Star review that catapulted Ferriss to fame and fortune. There was only one problem with the rosy picture he had painted about a 4 hour work week…it didn’t work for 99% of his readers.
For one thing, he described time management as an illusion and on page 65 says “Just a few words on time management: Forget all about it.” I tried that as I was building my business that would replace my former income as a classroom teacher and part-time real estate broker and appraiser. I devoured his “Step 3: A is for Automation” section on outsourcing. And as I got further and further behind I closed the book and embraced a new strategy…I did what Tim Ferriss was doing, not what he was saying. This made all the difference and I replaced an income of 150K/year and this has continued to grow exponentially each year for fourteen and a half years now.
What was Tim Ferriss actually doing? Three things stood out to me…
1) He was building an authority blog by writing and publishing several times each week and sharing his thoughts and ideas. These posts would be repurposed into new books on a regular basis.
2) Creating information products and online courses became his source of income, giving him credibility and profits.
3) He only outsourced the few tasks that he did not do well himself, like technology and clerical work. Everything else he did himself.
So what I did was the opposite of what the book said to do, and my results were closer to Tim’s than to the million people who read and followed his teachings in the book. You can do the same and my belief is that you may experience similar results.
1) Blog with regularity. If you are in my “Really Simple Authority Blogging” training you have everything you need, and more to become a respected authority…