4 ms·
The motivation of the speaker is to point out that what Tim is espousing is essentially unachievable unless you have a whole bunch of startup capital. This is
by andreilys 5y ago
The motivation of the speaker is to point out that what Tim is espousing is essentially unachievable unless you have a whole bunch of startup capital.
This is patently false, so many example case studies online and in the revised addition showing how someone was able to implement a 4WW lifestyle. Again it’s not about hitting 4 hours a week specifically, it’s simply a mindset (create systems to support your lifestyle, instead of having your business take over your life).
It also points out that achieve the four hour week, you need to exploit people, either directly or indirectly.
If I hire a virtual assistant to assist me in my tasks, am I “exploiting” them, or creating job opportunities? Sure I capture the value surplus that they create, but they get a steady salary and take on less risk than the business owner.
- KaiserPro 5y ago> This is patently false, so many example case studies online and in the revised addition showing how someone was able to implement a 4WW lifestyle. First things first, I am not attacking you, or your lifestyle. I've read the case studies on his website, and it basically boils down to: get very successful selling stuff. Once you've done that you don't need to spend time or effort innovating. Now, I've done a fair bit of sales, and to get more sales you either need to capture a niche by the balls, or continually innovate. https://www.tropicalmba.com/10-more-four-hour-work-week-case-studies/ https://www.tropicalmba.com/10-more-four-hour-work-week-case... has a great overview of the strategies. None of those are going to give you a 4 hour work week for a long time, if at all. Its just another extension of the "always be hustling" mindset that is so toxic to great number of people. Look, I am very much for people not working long hours. I want workers rights, I want a working hours cap. I want workers to be mobile. However what Ferriss is advocating is mostly just a fantasy. Launching a company is stressful, innovating is stressful, unless its in an area you love. I have some friends who flew to bali to live that lifestyle, they along with many of their cohort failed. > If I hire a virtual assistant to assist me in my tasks, Are you paying them a fair wage, or an Uber wage? Hint: if you're paying them ~$10-100 a month, then its not really a fair wage.