A Summary of The 4-Hour Workweek – Tim Ferriss

Microlite taking off from beach

An extraordinary book about ‘life style design’, time management, personal productivity, learning, outsourcing, travelling, enjoying life, taking mini-retirements and making the most of our time on earth. It also has lots of links to interesting, practical resources.

I’ll repeat something you might consider tattooing on your forehead: What we fear doing most is usually what we most need to do. As I have heard said, a person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have. Resolve to do one thing every day that you fear.

Tim Ferriss 15th August 2015

After college, Ferriss took a soul-destroying sales job at a tech firm. He left to start an even more soul-destroying business of his own. He went from working 40 hours a week for somebody else to working 80 hours a week for himself, and hated it. He was earning a lot of money, but the business left him drained.

After learning about the Pareto Principle (the 80-20 Principle), Ferriss had a revelation: he streamlined his business, eliminating distractions and automating systems until it was not only more profitable, but also took much less of his time. He took a “mini-retirement”, and then decided to write a book about “lifestyle design”, about creating a life that balances work and play, maximizing the positives of both.

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Review of – The Lean Startup: a Scientific Approach to Building a Startup

Lean Start Up Meeting - Real Marketing Specialists

The Lean Start Up by Eric Ries is an inspiring and practical book and well worth reading if you’re working on a startup or launching a new product.  As the back cover says: “If you are an entrepreneur, read this book. If you are thinking about becoming an entrepreneur, read this book. If you are just curious about entrepreneurship, read this book” (Randy Komisar TiVo founder).

And FT.com also sings the book’s praises: “Unlike so many authors in this field, Ries writes clinically and intelligently, without hoopla.” However, it does include some great jargon!

The book encourages, very convincingly, a scientific approach to start ups, and particularly technology start ups.  It’s main focus is on the product development and product management sides. He says that you should build a ‘Minimum Viable Product’, get it to market quickly to test customer reaction, then, if there are issues, either ‘persevere’ or be prepared to change direction, by doing a ‘pivot’.

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