The Book
The 4-Hour Workweek
Timothy Ferriss
I was introduced to this book by my colleagues at Florida International University. They were raving about his other book,
The 4-Hour Chef, so I decided to look him up. Of course, I did not buy the book. Instead, I borrowed this book from my local library for free. Go libraries! Yay, free!
Technical Merit
As mentioned, I borrowed this book from the library. What I did not mention was the fact that I borrowed an audio-book. As such, I did not get a good feel for the layout of the book. Nor did I really get a chance to analyze the writer's technical merit. What I can say if that it made for a good audio-book which leads me to say that Timothy writes using a very smooth, colloquial approach. The 4-Hour Workweek was not written for pleasure reading, the author is trying to convey a message in the most efficient way possible.
Since the author is trying to be efficient, he uses a sort of template in his writing. He begins with the goal: working less and playing more. Then he describes a method for doing so, like working more productively from home than you do at the office. Then he will show you how to initiate the process of getting to that goal. Finally, he gives homework—like go to the flea market and haggle three vendors down to half their asking price. Finally, he wraps up his chapter with a list of pertinent materials for further research.
I imagine this book (in written form) could be used as a reference book of sorts. Each chapter can stand alone and be re-read when facing certain challenges. Timothy would seem to endorse this approach. He is not enthusiastic of the
gathered information for information's sake approach to life and prefers a
gather information pertinent to an immediate decision model instead.
In all, I give this book four stars for technical merit. It seems to achieve the purpose it was designed for extremely well. I was able to finish it in two days (without completing the homework).
The Review
This book seeks to help the entrepreneur to establish themselves in what Timothy Ferriss describes as the "New Rich." The New Rich (NR) is a group of individuals that seek to enjoy the things that are typically reserved for the traditional rich while not necessarily having the capital that goes along with it. He argues that by working efficiently, one can complete the typical 40-hour workweek in a fraction of the time. Therefore, they will earn more on a per-hour basis while still having the free-time to enjoy things like extensive travel and fine dining. The NR will also have the time to open new businesses that add to their revenue streams, increasing their ability to live.
The key is that the NR is not waiting to retire in order to enjoy life. The NR works hard and plays hard now. By working efficiently and cutting out superfluous things that gobble up time and capital, the NR can enjoy their preferred lifestyle while they are still young and spry.
This book goes into detail on several topics which include:
- How to get your boss to agree to let you work from home.
- How to train your colleagues to stop slowing you down.
- How to plan for extensive travel.
- What to look for in a virtual assistant.
- How to become an expert at something.
Personally, I find his ideas on information interesting. Ferriss clearly believes that there is way too much information at our fingertips. In fact, he recommends absolutely no reading except when the information has a clear application in the short-term future. This rule only applies to non-fiction, pleasure reading is always ok. Ferriss even recommends zero news consumption under the premise that if something catastrophic happens that you need to know, someone is going to tell you about it.
Conclusion
This is an interesting read. I doubt that the tactics described in
The 4-Hour Workweek are applicable on a widespread level, but some of his points are key to personal development and can be implemented for success within one's organization. For instance, Ferriss makes a lot of the 80-20 principle and applies it to every situation, both professional and personal. This could easily be applied in any situation. He also refers to Tom Rath's
Strengthsfinder when noting that we sometimes spend too much energy improving weaknesses when we should be highlighting strengths.
I recommend this book for the ambitious who are able to take the principles and recommendations of this book and find creative ways to apply them in their lives.
