| Timothy Ferriss first developed his entrepreneurial | | | | you want to go. |
| skills when he attended Princeton University. He | | | | 2. Elimination - This is about time management. He |
| taught a speed reading course for cash to help | | | | discusses the 80/20 rule which tells you to focus |
| with his college expenses. | | | | on the tasks which provide the majority of |
| When he graduated from Princeton, then blew | | | | benefit. |
| through a series of unappealing jobs. Finally, he | | | | 3. Automation - How to build a sustainable income. |
| decided that he did not want to work for | | | | It goes into some of the ways to monetize a |
| someone else under any circumstances. At that | | | | website such as Google AdWords, AdSense, |
| point he put together Brainquicken, a sports | | | | product handling, and then goes into outsourcing |
| supplement company. As the company grew, it | | | | and drop-shipping. |
| began to be a 24/7 job, so he found ways to | | | | 4. Liberation - This is about how you can |
| leverage his time, and was able to take more | | | | physically liberate yourself from a single location, |
| time off while keeping the growth. He used his | | | | and spend much of your time traveling. |
| experience as material for his new book. | | | | Timothy Ferriss says that technology such as |
| Timothy Ferriss' book " The 4-Hour Workweek" is | | | | email, instant messaging and pda's connected to |
| an excellent read, full of good information. He has | | | | the internet can actually complicate life more than |
| links to many websites with much more | | | | they simplify it. He spend some time telling us |
| information on various subjects needed in the | | | | how to use the telephone as a replacement for |
| internet marketing world. | | | | meetings, and how to use email as a replacement |
| The book is about creating and maintaining an | | | | for phone conversations. |
| internet business, though much of the material will | | | | He discusses outsourcing to developing countries, |
| spill over into the brick and mortar world. In the | | | | like India. He even provides links to reputable |
| beginning of the book Ferriss discusses the | | | | companies where you can hire a virtual assistant. |
| acronym DEAL. The first four chapters discuss | | | | He discusses mini-retirements at length. He feels |
| this. | | | | that once you get a business running properly, |
| | | | you can outsource all the menial tasks, and |
| 1. Definition - figure out what you really want, get | | | | manage the things that are absolutely necessary |
| over your fears, look past society's expectations, | | | | in about 4 hours a week. |
| and find out what it actually costs to get where | | | | |