4 ms·
>take off to Ibiza and watch the money roll in while lying on the beach. Passive income if there ever was, it seems such a good idea! I wish the blog author wo
by voidlogic 11y ago
>take off to Ibiza and watch the money roll in while lying on the beach. Passive income if there ever was, it seems such a good idea!
I wish the blog author would have addressed the employee-empowered hands hands off approach suggested in 4 hour work week by Tim Ferris. That book seems to suggest (mostly) passive income approach is possible if done right, but this blog doesn't address that alternative to its suggested bad-outcomes.
- jacquesm 11y agoThose are for the most part 'employee free' businesses as far as I understand it. Any company that needs a real person for its day-to-day management will not fit in the '4 hour work week' concept.
- voidlogic 11y agoYou missed the example of his own original company, he had employees, the moral of that part of the book was proper delegation and giving employees decision budgets.
- imgabe 11y agoIf I recall 4HWW correctly, mostly the employees were contractors who worked for distinct companies to which you outsourced that function of the company. You were more there customer than their boss.