A book popular in our industry is now a decade old.
Has anyone put the advice from the author Tim Ferriss into practice?
If so, how did you manage to do it and what have you learned from the experience?
Ask HN: Is Anyone Living “The 4-Hour Work Week”?
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Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#2I have not, but I know a friend who did this for a while directly out of high school. I've never read the book, but most of these types of books say "create passive income using ____________" he made a pdf and charged 15 bucks for it. Sold it on his own website and made ~$1500-2000 a month. the money he used to live and built some other not so successful websites. We were straight out of highschool though so this was enough money to live on and he didnt TOUCH the webpage for like 2 years steady income. Sometimes people just get lucky I guess.
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#3The point of this book like many other books "get rich quick and work less", is to make the author richer. If you're successful, people will most likely listen to you. So, you need to be successful in some way in real life and if you do, Tim showed you how to leverage a success into a great business model. This helped him generating more income by documenting his journey to a larger audience. So, the content of his book is not the point I think. It's the existence of that book in itself. So, to me it's still about luck and about taking risks in life. It doesn't answer the question: "how to become rich?". More like "how to create a business model based on your success".
Like any other book... There is no recipe for success. But there are a lot of techniques on how to maximize your income.
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#4I really don't think there are many people at all who are in a position to make use of the advice in the book, and of those who are I really don't think there are any who would actually benefit from it.
Gotta milk that survivorship bias though!
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#5[deleted]
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
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Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#7The point of this book like many other books "get rich quick and work less", is to make the author richer. If you're successful, people will most likely listen to you. So, you need to be successful in some way in real life and if you do, Tim showed you how to leverage a success into a great business model. This helped him generating more income by documenting his journey to a larger audience. So, the content of his b…
This is one of the reasons I preferred Scott Adams' "How to Fail At Everything and Still Win Big." In it, he notes the absurdity of taking life advice from a career cartoonist, notes the impact of luck, and discusses the ingredients for a successful life (including cultivating 'luck'), and why they work. I find it a far better approach than 4HWW.
That's not to say 4HWW is without value, but you're right and we should be clear about what it is.
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#8I have not, but I know a friend who did this for a while directly out of high school. I've never read the book, but most of these types of books say "create passive income using ____________" he made a pdf and charged 15 bucks for it. Sold it on his own website and made ~$1500-2000 a month. the money he used to live and built some other not so successful websites. We were straight out of highschool though so this was…
Out of curiosity, what was the topic of the PDF?
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#9I saw a flash of it once. I was in the middle of vagabonding in the philippines (Cebu) where breakfast on the corner was $1 and a private room $15/night. I got a contract for 8hrs at $120/hr = $960.
So I rented a desk for $10 overnight (EST hours) and billed the hours after 2 nights.
In Cebu, $960/month is more than enough to live comfortably. So I realized I made an entire months living (traveling) expenses in one day of work. That's almost like the "2 hour work week"
Re: Ask HN: Is Anyone Living “The 4-Hour Work Week”?
#10The point of this book like many other books "get rich quick and work less", is to make the author richer. If you're successful, people will most likely listen to you. So, you need to be successful in some way in real life and if you do, Tim showed you how to leverage a success into a great business model. This helped him generating more income by documenting his journey to a larger audience. So, the content of his b…
This is why I consciously avoid absolutely anything Ferris is involved with. You can immediately know that it will be something of no real substance designed to sell subscriptions to a monthly razor service.