In this video, you will get to see a book summary and notes for the 4-Hour Workweek by Tim Ferriss.
This book will teach you a lot about productivity, lifestyle design, entrepreneurship, and traveling the world.
Enjoy the video and let me know what you think in the comments below!
Book information:
- Author: Tim Ferriss
- Publishing date: April 24, 2007
Lessons learned:
1. It’s about productivity, not work.
Always be asking if you're being productive or just busy when working.
Helpful resources:
2. Use the 80/20 rule
Typically, about 80% of your results are going to come from 20% of your actions or sources.
Tim Ferriss realized his business made 80% of its revenue off of 20% of customers, so he cut out the rest and focused on them.
Helpful resources:
3. Emphasize your strengths instead of fixing weaknesses
Fixing weaknesses takes too long and you will never be in the top 1% with them like you can be with skills you're naturally good at. You have an edge over others in some areas. Find them.
Helpful resources:
4. Stop trying to compete with everyone at the same things
Consider making your own niche and dominating it as the big fish in a small pond like Tim Ferriss did with “lifestyle design”.
Helpful resources:
5. Successful people try to improve income per hour, not just total income
To make more, you should not work more. Focus on being more efficient, cutting out time-wasting activities, and focusing on what works best.
If you got hit by a bus and could only work 2 hours per week, what would you have to do?
6. Use a low information diet, focusing only on highest quality inputs
Books, top podcasts, TED Talks, and maybe the occasional documentary are ways that the “New Rich” get their information because it is productive. This information can be used and teach lessons.
News, gossip, and social media won't do much for you.
Helpful resources:
7. Your business should leave you alone as much as possible
The whole point of your muse is it is supposed to make you money and help you be free of time constraints. Delegate, automate, and work less total hours.
Helpful resources:
8. Delegate anything you can with a virtual assistant firm
A virtual assistant can be very helpful as mentioned in the book. It's best to go with a firm instead of one individual in case something happens to the main assistant.
Helpful resources:
9. Take mini retirements instead of waiting until you’re old
What's the point of retiring when you're too old to do anything fun? It can actually be very affordable to live like a rich person and travel to exotic places around the world.
Ditch hotels for apartments, travel life, and follow Tim's tricks for living “the life” in foreign places.
Helpful resources:
10. Get your most important task done before 11:00 A.M.
This helped me a lot. Things come up all the time when you're a business owner or employee and getting that biggest, more important, income-producing task done first works wonders for productivity.
Helpful resources:
Other helpful resources:
- Get The 4 Hour Workweek here
- The 4 Hour Workweek Table of Contents
- Tim Ferriss website
- More information on Tim Ferriss
Other books written by Tim Ferriss
Previous videos
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- How to Make Passive Income Like Top Brands Episode 2
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- How to Start a Business From Scratch in 2017
3 replies to "The 4 Hour Workweek Book Summary and Notes – 10 Lessons Learned"
Thank your for at great short review on the 4 Hour work week, and thanks for your other good tips.
This is, hands down, one of the best and most powerful books I’ve ever read in my life. I have recommended it to countless people. The fact that you’re seeking it out says volumes about your level of self-awareness as it is and this book builds on that.
You are writing good summaries. It helps a lot.