THE 4-HOUR WORKWEEK

ESCAPE 9-5, LIVE ANYWHERE,

AND JOIN THE NEW RICH
TIMOTHY FERRISS

The Big Idea

Deferred Life D E A L New Rich (NR)

Lifestyle
Most people work
9-5 and defer their Reinvent your life with the 4-Step DEAL approach. Live the life of the
lives, hoping they’ll Create the time, income and mobility to focus on New Rich (NR): to
some- day earn what truly matters to you. have, do and be
enough to retire and what you want.
live their dreams.

Redesign your
Life in 4 Steps

1. DEFINITION

To live the NR lifestyle, you must understand the rules and

objectives of this new game. Know the rules in order to beat them.

Define the New Game Define your Fears

More than money. Time, lifestyle and freedom of choice

are worth more to us than money per se.
Fear of the unknown can hold us back.
Work-rest cycles. Rather than work for a long period of To conquer your fears, define them.
time then retire, we’re better off taking “mini-retirements” You’ll soon realize that your best-case
between periods of intense, fulfilling work. scenario far outweighs your worst-case
scenario, and no challenge is insurmountable.
Power of choice. The goal is to develop the freedom of
time, money and location, so we have choices, and can
focus on what matters most to us.

In __ months from now, I dream of:

Define your Dreams (Dream-lining)
HAVING Cost BEING Cost DOING Cost
Don’t dismiss your dreams as unrealistic. Use Dream-lining to break 1.________ $___ 1.________ $___ 1.________ $___
them down into concrete timelines & actions. 2.________ $___ 2.________ $___ 2.________ $___
3.________ $___ 3.________ $___ 3.________ $___
4.________ $___ 4.________ $___ 4.________ $___
5.________ $___
Define your dream. Identify 5 things you dream of 5.________ $___ 5.________ $___

having, being, and doing, in 6 and 12 months

Total Dreams Cost Cost (Top 4 Dreams)
$_____________ $_____________
Zoom in on the 4 key dreams. Work out the cost, the $
$ Total Monthly Income (TMI) and Total Daily Income
TMI
$_______
TDI
$_______
TMI (Top 4)
$_______
TDI (Top 4)
$_______
(TDI) needed.
What steps can I take to make this happen?
Identify 3 steps for each of the 4 dreams (6 month Right NOW Tomorrow Day After
• _____________ • _____________ • _____________
timeline). Take action now, tomorrow and the day after.
• _____________ • _____________ • _____________
• _____________ • _____________ • _____________

2. ELIMINATE

Remove the unnecessary, so you can free up time,

energy and resources to focus on what matters most.

Be Effective Have a Low- Learn to Say No

Info Diet
Aim for “fat-free performance” using
Limit your accessibility. Define
these 2 laws:
objectives before spending time with
Pareto’s Law: 80% of your Pay attention only to people. Minimize time on email,
outputs will come from 20% of
20% 80%
information that’s relevant, phone and meetings.
your inputs. Focus on the 20%: important and actionable. Go
have a to-do (vs not-to-do) list; on a media fast, get data only for Use time-batching. Batch or group
use single-tasking. important and immediate usage, routine, menial tasks together.
and learn to stop doing
Pakinson’s Law: Work will something if it’s useless. Minimize interruptions. Set up clear
expand to fill the allotted time.
;

rules & guidelines to give autonomy.

Set shorter work schedules and
don’t “create work”.

3. AUTOMATE

To enjoy your NR lifestyle, you’ll need a steady source of income.

Build a “muse”–an automated revenue-generator that brings in
cash without your direct involvement.

Learn to
Outsource Build your Muse

Select Market. Pick a Brainstorm Products. Identify

profitable niche market that pain points and brainstorm solutions
Refine your rules and processes, you can affordably reach, (but don’t produce them yet). You can
so you can delegate low-value and define your customers. find/create products by reselling,
tasks, to focus on the high-value licensing, or developing your own.
and meaningful ones. Learn to
outsource to overseas virtual Rollout & Automate. Micro-Test Products. Study your
assistants, and be able to run a Minimize people-issues: top rival & provide an improved offer
business from anywhere in the outsource what you can and on a simple website => Test
world. manage via remote-control. responses from actual customers =>
Minimize purchase options, decide what products to drop vs
filter out bad customers and implement.
offer win-lose guarantees.

4. LIBERATION

Enjoy the mobility of running your business from anywhere in the world.

Free yourself Take mini- Focus on some-

Geographically retirements thing meaningful
Use the tips in the book to plan Doing nothing can be depressing.
Free yourself from the “boss Live fully - learn something new,
mentality” or engineer your “escape” your mini-retirements and
recharge yourself, mentally, serve a worthy cause, or try out
from the office (using the steps new vocations. Just do what
provided). emotionally and physically.
fulfils you and let things unfold.

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