The 4-hour workweek (timothy ferriss)

Fundamental rules for success

• Retirement is the worst-case scenario insurance.
• Alternating between periods of rest and activity is essential.
  
• Focus on being productive instead of busy.
  
• The timing is never right. Waiting for ‘someday’ means that you will take your dreams to the grave.
  
• Ask for forgiveness, not permission.
  
• Emphasize strengths. Don’t fix weaknesses.
  
• When things are done to excess, they often take on the characteristics of their opposites.
  
• Money alone is not the solution. We use not having enough money as a scapegoat for not working out what we want out of life.
  
• Relative income is more important than absolute income.
  
• Distress is bad, and eustress is good (the type of stress that helps you grow).

The W’s you need to control

Money is multiplied in practical value depending on the number of W’s you control in your life:

• What you do
• When you do it
• Where you do it
• With whom you do it

Mediocrity and happiness

99% of the people in the world are convinced they are incapable of achieving great things so they aim for the mediocre. Competition is strong for realistic goals, Excitement is the more practical synonym for happiness.

"The New Rich are defined by a more elusive power than simple cash—unrestricted mobility."

TIM FERRISS

Interruptions: The three main offenders

Time wasters. Things that can be ignored with little or no consequence

Time consumers. Repetitive tasks or requests that need to be completed but often interrupt high-level work

Empowerment failures. When someone needs the approval to make something small happen.

An interruption is anything that prevents the start-to-finish completion of a critical task.

Debunking the fear of quitting

Quitting is not permanent: It’s always possible to pick up your chosen career path with a different company at a later date.

You will be able to pay the bills: You can get a new stream of income before you quit your job or eliminate most of your expenses temporarily and live off your savings for a short while.

Health insurance and retirement funds won't cease if you quit: Do some research and transfer your 401(k) or similar to another company.

Quitting won't ruin your resume: If you quit doing something interesting, this will often make you more attractive to employers in the long run.

The two fundamental components to enjoy life

Continual Learning. Transport skills that you practice domestically to other countries, like sports. Instant social life and camaraderie. Or pick skills that you can practice there, like learning a language Service. 

Doing something that improves life besides your own.

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