false 368593 0307353133 9780307353139 2146 561 http://photo.goodreads.com/books/1174177305m/368593.jpg http://www.goodreads.com/book/show/368593.The_4_Hour_Work_Week_Escape_9_5_Live_Anywhere_and_Join_the_New_Rich 210456 Timothy Ferriss 2320 605 4 0 false Sat Nov 01 00:00:00 -0700 2008 Sat Nov 01 14:46:25 -0700 2008 Sat Nov 01 14:47:24 -0700 2008 1 However, this book is a must read simply because of the way the author makes you look at things differently and turns established notions on their head. It's a real mind-f*ck.

- Why work for the best years of your life, instead of enjoying it now? Putting off everything until you're 65 isn't a great plan. You're fit and active now.

- Based on my current age, I have 400 months until retirement. How do I want to spend that? In a cubicle?

- You don't need to be a millionaire, you just need to have enough (autonomous) income to live like one.

- Most people dream of running a company but really you want to own one, and get others to manage it whilst you pursue your dreams. This isn't about getting your dream job (because dreams tend to turn sour when they become 'work') but about income generation.

- Define your dreams (if you had no financial constraints) for the next 6/12 months and determine their costs. Add in your living expenses. Multiply by 1.3 to account for savings and safety padding. This is the income you need to achieve to realise your dreams. Divide it by days or weeks to arrive at a daily or weekly income.

- The key is generating that income for the least amount of work. Selling digital goods over the Internet is ideal as most of the process can be automated and outsourced.

- €50 x 100 people = €5000. It's mathematically obvious but the consequences are astounding.

- Aim to have freedom of location and time (i.e., work that doesn't take 40hours/week and require you to be in a particular place). Aim for mini-retirement breaks every few months where you travel to and live in another part of the world.

Whether you accept all of the book's suggestions (like outsourcing your personal life to India) it will truly change the way that you look at life.]]>