Comments on: The book that changed my life in 2 hours: The 4-Hour Workweek http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sat, 21 Nov 2009 09:24:01 -0800 http://wordpress.org/?v=abc hourly 1 By: The all-in-one list of Tim Ferriss resources http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-97410 The all-in-one list of Tim Ferriss resources Wed, 06 May 2009 22:46:52 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-97410 [...] On I Will Teach You To Be Rich – Some shameless promotion of the book with a competition to win a round-the-world ticket [...] [...] On I Will Teach You To Be Rich – Some shameless promotion of the book with a competition to win a round-the-world ticket [...]

]]> By: The Tripod of Stability « I Will Teach You To Be Rich http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-95845 The Tripod of Stability « I Will Teach You To Be Rich Wed, 22 Apr 2009 14:38:05 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-95845 [...] Below is a video clip of a webcast I did with Tim Ferriss, who wrote The Four Hour Workweek (read my book review). [...] [...] Below is a video clip of a webcast I did with Tim Ferriss, who wrote The Four Hour Workweek (read my book review). [...]

]]> By: Pete http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-65438 Pete Tue, 01 Jul 2008 20:24:54 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-65438 I'm dubious. I've read sections of Ferriss's book and he seems like a very slippery, amoral character, even if his intentions are good and he does share some good time-management advice (he even sells dietary supplements for cripe's sake; the man is literally a snake-oil salesman). I'd say he bears comparison to Kiyosaki: somewhat valuable insofar as he challenges your preconceptions and gets you thinking, but frequently hyperbolic in the results he claims are feasible and often quite morally shaky as well. I would be interested to hear if any fans of the book have bought the pills. If not, why not? Tim swears by them. If so, what were the results? I’m dubious. I’ve read sections of Ferriss’s book and he seems like a very slippery, amoral character, even if his intentions are good and he does share some good time-management advice (he even sells dietary supplements for cripe’s sake; the man is literally a snake-oil salesman).

I’d say he bears comparison to Kiyosaki: somewhat valuable insofar as he challenges your preconceptions and gets you thinking, but frequently hyperbolic in the results he claims are feasible and often quite morally shaky as well.

I would be interested to hear if any fans of the book have bought the pills. If not, why not? Tim swears by them. If so, what were the results?

]]> By: Rashad http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-64390 Rashad Wed, 18 Jun 2008 07:18:23 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-64390 To those who claim Tim is a huge self-promoter who's getting rich: I agree. But that's not going to stop me from asking the big question- Can I use this to change my life? This guy apparently knows how to get rich so what can I learn from him? Well it definitely helped me... I'm not a multimillionaire yet (I somehow managed to forget about 4HWW because of finals and haven't finished it yet.. whoops) here's an example of a tip that has really worked out: Pareto's Law. As he described, Pareto was some economist who found that roughly 80% of a country's wealth was owned by 20% of its citizens. Then he went to his backyard and learned that 80% of his top-quality peas came from 20% of the pea plants. Tim's 'life hack': 80% of my time will be wasted by 20% of my customers. 80% of by income will come from 20% of my customers. Use these two statements to slice off the majority of my customers and focus on that minority which really gets me paid. I don't own a business. In fact, I just started college. But there are still ways Pareto's Law helps me out. One of my more creative examples: 80% of my happiness comes from 20% of my friends. It sounds horrible, right? But really- the point is that if I find the minority of my friends who I'm closest to and have the most fun around, and I focus on spending time on them, I'll be happier (which I am). Note that I said 'focus on spending time on them' and not 'ignore calls from the loser 80% group'. I'm not 'too good' to hang out with anyone... I'm sure you get the point. BTW Ramit, it's my first time here. I'll probably become a longtime reader. I'm guessing 4HWW influenced PBwiki? To those who claim Tim is a huge self-promoter who’s getting rich: I agree. But that’s not going to stop me from asking the big question- Can I use this to change my life? This guy apparently knows how to get rich so what can I learn from him? Well it definitely helped me… I’m not a multimillionaire yet (I somehow managed to forget about 4HWW because of finals and haven’t finished it yet.. whoops) here’s an example of a tip that has really worked out: Pareto’s Law.

As he described, Pareto was some economist who found that roughly 80% of a country’s wealth was owned by 20% of its citizens. Then he went to his backyard and learned that 80% of his top-quality peas came from 20% of the pea plants. Tim’s ‘life hack’: 80% of my time will be wasted by 20% of my customers. 80% of by income will come from 20% of my customers. Use these two statements to slice off the majority of my customers and focus on that minority which really gets me paid.

I don’t own a business. In fact, I just started college. But there are still ways Pareto’s Law helps me out. One of my more creative examples: 80% of my happiness comes from 20% of my friends. It sounds horrible, right? But really- the point is that if I find the minority of my friends who I’m closest to and have the most fun around, and I focus on spending time on them, I’ll be happier (which I am). Note that I said ‘focus on spending time on them’ and not ‘ignore calls from the loser 80% group’. I’m not ‘too good’ to hang out with anyone… I’m sure you get the point.

BTW Ramit, it’s my first time here. I’ll probably become a longtime reader. I’m guessing 4HWW influenced PBwiki?

]]> By: Book Review: The 4-Hour Workweek by Timothy Ferriss | FinancePuzzle http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-62996 Book Review: The 4-Hour Workweek by Timothy Ferriss | FinancePuzzle Fri, 30 May 2008 15:31:05 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-62996 [...] Iwillteachyoutoberich review [...] [...] Iwillteachyoutoberich review [...]

]]> By: Book review: The 4-hour workweek | How to be an Original http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-59233 Book review: The 4-hour workweek | How to be an Original Thu, 17 Apr 2008 12:38:06 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-59233 [...] The book that changed my life in 2 hours @ Iwillteachyoutoberich [...] [...] The book that changed my life in 2 hours @ Iwillteachyoutoberich [...]

]]> By: I Will Teach You To Be Rich » How to get your virtual assistant to schedule your doctor’s appointments http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-58414 I Will Teach You To Be Rich » How to get your virtual assistant to schedule your doctor’s appointments Wed, 09 Apr 2008 19:54:46 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-58414 [...] anyone you want. Also try Craigslist or eLance 4. I got the idea from the 4-Hour Workweek. Read my review or just buy the book 4. Tim Ferriss wrote an insanely detailed checklist for his [...] [...] anyone you want. Also try Craigslist or eLance 4. I got the idea from the 4-Hour Workweek. Read my review or just buy the book 4. Tim Ferriss wrote an insanely detailed checklist for his [...]

]]> By: Joaquin http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-52504 Joaquin Wed, 13 Feb 2008 11:22:01 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-52504 I am way late to this party, but thought I would give my 0.02, as I have a moment to do so.... I have used a lot of what the book has suggested already. as others have said, you would be crazy to think that this is some kind of blueprint that you just follow and plug away. Your life, is your life. do it your way. I have streamlined my communication, given up on news, focused on the 20% and given up on the 80% of many things. It really works. The specifics for money making are yet to be implemented. I still need MORE time to get it going, but I have freed up about 20 hours a week by just eliminating the various forms of clutter that had taken up my energy and free time. My grades are better in school, and my enjoyment of activities seems more intense, now that I am not being distracted or hijacked into other people's routines. Maybe it is selfish, but either way, someone will be running your life, and it way as well be you. I am way late to this party, but thought I would give my 0.02, as I have a moment to do so….

I have used a lot of what the book has suggested already. as others have said, you would be crazy to think that this is some kind of blueprint that you just follow and plug away. Your life, is your life. do it your way.

I have streamlined my communication, given up on news, focused on the 20% and given up on the 80% of many things. It really works. The specifics for money making are yet to be implemented. I still need MORE time to get it going, but I have freed up about 20 hours a week by just eliminating the various forms of clutter that had taken up my energy and free time. My grades are better in school, and my enjoyment of activities seems more intense, now that I am not being distracted or hijacked into other people’s routines. Maybe it is selfish, but either way, someone will be running your life, and it way as well be you.

]]> By: OneOfEm http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-32510 OneOfEm Thu, 13 Sep 2007 02:25:21 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-32510 It's changing my life. I've outsourced nearly as much as I can, and while my income hasn't quite met my goal, It's growing with each new "muse" (project) with very little work required on my part. I have more time for the kids and much more time to invest into new ideas. It’s changing my life. I’ve outsourced nearly as much as I can, and while my income hasn’t quite met my goal, It’s growing with each new “muse” (project) with very little work required on my part.

I have more time for the kids and much more time to invest into new ideas.

]]> By: TT http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek/comment-page-2/#comment-30873 TT Fri, 31 Aug 2007 04:07:51 +0000 http://www.iwillteachyoutoberich.com/blog/the-book-that-changed-my-life-in-2-hours-the-4-hour-workweek#comment-30873 I enjoyed reading your review of the 4 Hour Workweek. I have not yet read the book but I intend to do so. What is so funny to me is the ENORMOUS WASTE OF TIME AND EFFORT devoted to debating the ticket giveaway!!! It would be comical if it weren't sad at the same time. Perhaps everybody has already read the book and now have so much time of their hands that they spend hours wringing them over the mundane technical legalities of giveaways...To weird. I enjoyed reading your review of the 4 Hour Workweek. I have not yet read the book but I intend to do so. What is so funny to me is the ENORMOUS WASTE OF TIME AND EFFORT devoted to debating the ticket giveaway!!! It would be comical if it weren’t sad at the same time. Perhaps everybody has already read the book and now have so much time of their hands that they spend hours wringing them over the mundane technical legalities of giveaways…To weird.

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