4 ms·

I would second the 4-Hour Workweek, yet I am still searching for a profitable idea. How long did it take you from reading the book to reaching the ability to

by tmaly 8y ago

I would second the 4-Hour Workweek, yet I am still searching for a profitable idea. How long did it take you from reading the book to reaching the ability to quit your job?

anthony_franco 8y ago
It took me about four years. It would've been faster if I knew then what I know now.
- wongma 8y ago
  Care to summarize what you know now that you didn't know then?
- pier25 8y ago
  Go on...
  - anthony_franco 8y ago
    I could write a whole book on what I’ve learned :) As can any other business owner I think. But I’d be happy to chat with anyone wanting advice.
    - pier25 8y ago
      Any tips on finding "automatable" problems?
      - anthony_franco 8y ago
        Pretty much all businesses are automatable. Just hire good people and have good processes in place for them to follow. For example, WP Curve was even able to automate the process of hiring dozens of developers. You would've that that it would require a very manual intervention by the owner: https://wpcurve.com/hiring-developers/ https://wpcurve.com/hiring-developers/
dorchadas 8y ago
Same. The profitable idea is the hardest thing for me. It seems like everything I think of has already been done before.
- hallz 8y ago
  With 7+ Billion people on the planet most people have done something similar to any idea. Isn't the point in the book that you can still succeed by creating your own flavor of an idea or selling that idea to a new market?
  - phaus 8y ago
    That might be the point. I didn't make it that far because after what seemed like 60 pages of the author talking about how he's naturally a world class performer at pretty much everything he's ever tried to do in his entire life I got tired of the bullshit time-share salesman style of writing. Where does the actual advice start? This book is recommended pretty much every time someone asks a similar question, I might be willing to give it another shot if there's actual content somewhere in it. Also, did this guy create a successful business outside of his self-help stuff before he started writing these books?
    - rocannon 8y ago
      I think the book is worth reading. His inspiration for writing 4HWW was his experience running a supplement business, which he later sold - https://en.wikipedia.org/wiki/Tim_Ferriss#Career https://en.wikipedia.org/wiki/Tim_Ferriss#Career Prior to reading the book, I had a retire-early mindset. My idea was to work hard at high paying jobs and save a lot so I could retire early. After reading the book, I had the idea to create multiple streams of income in order to achieve the goal of retiring early. Others have mentioned that it's not easy to find a lifestyle business that earns you enough income to live off of, and I've also had that problem. However, I've had partial success. I don't think I'd have ever pursued this path without reading 4HWW. It's not an instruction manual, though.
- anthony_franco 8y ago

by tmaly 8y ago

I would second the 4-Hour Workweek, yet I am still searching for a profitable idea. How long did it take you from reading the book to reaching the ability to quit your job?

anthony_franco 8y ago

It took me about four years. It would've been faster if I knew then what I know now.

wongma 8y ago
Care to summarize what you know now that you didn't know then?
pier25 8y ago
Go on...
- anthony_franco 8y ago
  I could write a whole book on what I’ve learned :) As can any other business owner I think. But I’d be happy to chat with anyone wanting advice.
  - pier25 8y ago
    Any tips on finding "automatable" problems?
    - anthony_franco 8y ago
      Pretty much all businesses are automatable. Just hire good people and have good processes in place for them to follow. For example, WP Curve was even able to automate the process of hiring dozens of developers. You would've that that it would require a very manual intervention by the owner: https://wpcurve.com/hiring-developers/ https://wpcurve.com/hiring-developers/

dorchadas 8y ago

Same. The profitable idea is the hardest thing for me. It seems like everything I think of has already been done before.

hallz 8y ago
With 7+ Billion people on the planet most people have done something similar to any idea. Isn't the point in the book that you can still succeed by creating your own flavor of an idea or selling that idea to a new market?
- phaus 8y ago
  That might be the point. I didn't make it that far because after what seemed like 60 pages of the author talking about how he's naturally a world class performer at pretty much everything he's ever tried to do in his entire life I got tired of the bullshit time-share salesman style of writing. Where does the actual advice start? This book is recommended pretty much every time someone asks a similar question, I might be willing to give it another shot if there's actual content somewhere in it. Also, did this guy create a successful business outside of his self-help stuff before he started writing these books?
  - rocannon 8y ago
    I think the book is worth reading. His inspiration for writing 4HWW was his experience running a supplement business, which he later sold - https://en.wikipedia.org/wiki/Tim_Ferriss#Career https://en.wikipedia.org/wiki/Tim_Ferriss#Career Prior to reading the book, I had a retire-early mindset. My idea was to work hard at high paying jobs and save a lot so I could retire early. After reading the book, I had the idea to create multiple streams of income in order to achieve the goal of retiring early. Others have mentioned that it's not easy to find a lifestyle business that earns you enough income to live off of, and I've also had that problem. However, I've had partial success. I don't think I'd have ever pursued this path without reading 4HWW. It's not an instruction manual, though.
anthony_franco 8y ago