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Product Description

What do you do? Tim Ferriss has trouble answering the question. Depending on when you ask this
controversial Princeton University guest lecturer, he might answer:

“I race motorcycles in Europe.”
“I ski in the Andes.”
“I scuba dive in Panama.”
“I dance tango in Buenos Aires.”

He has spent more than five years learning the secrets of the New Rich, a fast-growing subculture who has abandoned the “deferred-life plan” and instead mastered the new currencies—time and mobility—to create luxury lifestyles in the here and now.

Whether you are an overworked employee or an entrepreneur trapped in your own business, this book is the compass for a new and revolutionary world. Join Tim Ferriss as he teaches you:

• 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
• How to 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 freuent "mini-retirements"
• What the crucial difference is between absolute and relative income
• How to train your boss to value performance over presence, or kill your job (or company) if it’s beyond repair
• What automated cash-flow “muses” are and how to create one in 2 to 4 weeks
• How to cultivate selective ignorance—and create time—with a low-information diet
• What the management secrets of Remote Control CEOs are
• How to get free housing worldwide and airfare at 50–80% off
• How to fill the void and create a meaningful life after removing work and the office

You can have it all—really.

Product Details

  • Hardcover: 320 pages
  • Publisher: Crown; 1ST edition (April 24, 2007)
  • Language: English
  • ISBN-10: 0307353133
  • ISBN-13: 978-0307353139
  • Product Dimensions: 8.3 x 5.8 x 1 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (1,708 customer reviews)
  • Amazon.com Sales Rank: #879 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #5 in  Books > Business & Investing > Business Life > Motivation & Self-Improvement
    #17 in  Books > Business & Investing > Job Hunting & Careers
    #22 in  Books > Health, Mind & Body > Self-Help > Success

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Timothy Ferriss
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1,700 of 1,864 people found the following review helpful:
3.0 out of 5 stars For Sale: One Bridge in Brooklyn --EZ Payments, June 12, 2007
By Student (Northridge) - See all my reviews
  
Well,

Where to begin? I actually had fun reading this book, to be honest. It is, if nothing else, a bit inspirational and motivational. To the author's credit he has (and I have emphasized this before) come up with a catchy title and gimick to sell you a book--good for him. What's inside, though, are things that you can find better handled by other authors in other books.

In the first part of the book one can't help notice what a great guy the author is. We notice this becasuse he tells us. We are to believe that he has gone through the Hero's Journey and back again before his late 20's. Now, dear reader, he has distilled the fruits of his vast experience and wisdom into this little gem. Read it, and you will never have to work again. Just be sure to purchase with the 8 minute ab workout.

We get a lesson on the Pareto Principle. If you have never heard of the Pareto Priciple before (otherwise known as the 80/20 rule) you should go back to junior high. BTW, Brian Tracy has discussed this principle and its implications ad nauseum. The author would have us believe that he personally redicovered in some forgotton tome (probably while motorcycle kung-fu rock climbing in Bora Bora--between kendo lessons) and was just about the first to ever apply it to his life.

Later in the book we get some basic info (all easily found in more detail in other books) about starting a web business, outsourcing your workload, etc.

I can appreciate some of this as I had a web business for several years. This section of the book is an interesting read, but little more. If anything, maybe it will inspire someone else to get started on their own enterprise. And that's perfectly fine. If the author accomplishes this, then good. After all, I don't necessarily think that he's a bad guy, just a shameless self promoter and a bit of a charlatan.

Authors such as Ferriss are common: someone falls a** backwards into a relatively easy existence and then decides that they are experts and proceeds to seel their "secret" to success to everyone else--which helps them get REALLY successful. But here's the deal: One hit wonders are not experts. When you've started 4 or 5 businesses and grown each of them to the point where they are self sufficient, THEN you can call yourself an expert. Striking it lucky one time in stocks, real estate during a bubble, or starting one business do not constitute experience.

In the end, I think that the author does his readers a bit of a disservice by telling them that work is not necessary to be financially successful. I have known both success and failure. I have seen others go, literally, from rags to riches (and sometimes back again). Over the years I guess I have given this subject some thought. My conclusion is that you will not get there (wherever "there" may be for you) by working four hours per week. Vision, hard work, and persistence are the 3 main "secret" ingredients for success. Just as exercise and eating right are necessary to be in shape. But telling people this doesn't sell books.

P.S. Can't help noticing how many 5 star reviews there are for this book from people who have only written one review. Hmmm...

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175 of 195 people found the following review helpful:
5.0 out of 5 stars Life is short. Time to make the most of it., December 16, 2009
This review is from: The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content. (Hardcover)
The first edition of this book changed the way I handle business. I've spent far too much time focusing on trivial tasks that don't produce money or enjoyment. I got stuck into quicksand without even realizing it. I've read a lot of books in my time, and many of them have made a profound impact, but nothing quite like this one. Timothy has a unique ability to show us how to get around the roadblocks we walk past every day but never truly see.

This expanded and updated edition adds a great deal of useful content, including:

* 50 or so tips and case studies from real people who have read the book and doubled income, overcame common sticking points, and reinvented themselves using the core of the original (and this) book as a starting point.

* Real-world templates for eliminating e-mail, negotiating with bosses and clients, or things like getting a private chef for less than $8 a meal.

* Fully revised resources that provide the latest tools and tricks, high-tech shortcuts, etc. for making you more efficient so that you can work less.

While I am not sure I have mastered all of Mr Ferris' action steps to automating my life, he's opened my eyes to the need to create income streams that don't require ME to be involved in the equation. Growing up as a Bricks and Mortar Retail brat, and now as a doctor, it is hard for me to envision an enterprise I would create that didn't revolve around me. This book, does exactly that. Its application can allow you the ability to envision automating parts of your existing business and life in general that may be holding you back from doing all that you want to do.

Emotional Intelligence 2.0 is another life-changing book I read recently that I strongly recommend. If you're interested in self-improvement and seeing things from a new perspective, it's a worthy read.
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254 of 292 people found the following review helpful:
4.0 out of 5 stars Get "old rich" writing a book about the "New Rich"!, June 27, 2007
Ultimately I enjoyed the first half of Timothy Ferriss' book The 4-Hour Work Week. It challenged me to evaluate my perspective on the cost and availability of my own dreams. However I couldn't help getting the self-promotion stomach pangs while I read it. Hopefully you'll be able to look past that and enjoy the book for what it is: a challenge to the way we as Americans think of retirement and money.

The first 70 to 90 pages of the book are extremely engaging and well worth the price of the book. After that the book turns into a "lifestyle-for-dummies" book on setting up a shell company to sell someone else's products. Although I find it noble that Ferriss is attempting to give people pragmatic steps for implementing his "New Rich" lifestyle, I also find his suggestions impractical for two reasons:

* His business ideas rely on tiny, niche audiences. This works well unless his book becomes a best seller and many people decide they want to do the same thing (can you say, We Buy Ugly Houses?). Anyone who figures out how to make 5 or 10 times their money on a product that they exert little effort to produce will quickly find competition popping out of the woodwork.

* His business ideas are not sustainable. They rely on marketing strategies and promotions that have to work forever without any change to profitability or response rates, in order to maintain the "4-hour work week" lifestyle. In my experience the market is fickle and changes frequently, especially as it relates to the internet and online marketing.

I can't help but think that the entire "New Rich" concept is a branding ploy to roll out a series of self-help seminars. Let's hope not. If it does, it will distort the message of the book, for it would require that Ferriss trade in his "New Rich" lifestyle to be back in the rat race on a quest for the millions that he claims are not necessary to achieve one's dreams.

Perhaps that's the real lesson to be learned from the book: no matter where you are, the grass always seems greener on the other side.

Jeremy Ames, Executive Editor
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The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich

Entrepreneur Tim Ferriss proves 4 hour work-week possibility -outsource your life!    A unique life plan by Tim Ferriss, author of “The 4 Hour Work Week” lets us live the lifestyle of a millionaire, while working just 4 hours a week. His plan even ...

Publisher: Crown;  Author: Timothy Ferriss;  Number Of Pages: 320; ...

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