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Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

fourhourworkweek.com

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Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#21
Tim Ferriss started by selling people the idea that they could be successful too.

Except that his entire career and success is based on telling people what they want to hear.

First it was "you can be successful and you don't even need to work hard", more recently he's turned his attention to lifestyle advice such as how to lose weight, how to swim faster, how to look better.

Why would anyone take advice from him beats me, but that's another story.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#22
post #15

Earlier quoted context omitted.

The recent trend of him outsourcing his own posts is really annoying. I don't understand how anyone can learn anything from someone who has pretty much diluted his work to appeal to the widest possible audience. I mean the guy has a weight loss book now. EDIT: Most of his recent posts have been "guest" posts, which I consider the same as "outsourced" since he didn't write it himself.

Interesting. I didn't know he outsourced his blog posts. Can you give me the link for that?

Most blogs call them "guest posts" — outsourcing implies that he's not explicitly saying it's written by another person.

Here's an example: http://www.fourhourworkweek.com/blog/2010/11/21/bill-clinton...

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#23

Does this guy bother anyone else as much as he bothers me?

The real value in Tim Ferriss' work for me is not usually in the actual content (This blog posts talks about where to register domain names rather than nitty-gritty business details, for example) but rather in observing how well he sells himself and understand what people want. He obviously does a lot of research and testing, and his posts are carefully tailored to sell dreams to large portions of the population. He…

I was just pondering getting his book, but then I read the comments here and reconsidered. Is it worth reading? Obviously you won't get a 4-hour work week, but is there anything of value in it?

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#24

Earlier quoted context omitted.

The real value in Tim Ferriss' work for me is not usually in the actual content (This blog posts talks about where to register domain names rather than nitty-gritty business details, for example) but rather in observing how well he sells himself and understand what people want. He obviously does a lot of research and testing, and his posts are carefully tailored to sell dreams to large portions of the population. He…

I was just pondering getting his book, but then I read the comments here and reconsidered. Is it worth reading? Obviously you won't get a 4-hour work week, but is there anything of value in it?

I scanned it in the bookstore one weekend a while back. The gist (what I can remember anyway) is to outsource everything. He basically outsourced his whole life and most business activities using various web outsourcing services like Freelancer.com and whatnot. There were some other little innovations to go along with it, but that's what I remember most.

It's worth a quick speed read in the bookstore, but I wouldn't buy it.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#25

Earlier quoted context omitted.

The real value in Tim Ferriss' work for me is not usually in the actual content (This blog posts talks about where to register domain names rather than nitty-gritty business details, for example) but rather in observing how well he sells himself and understand what people want. He obviously does a lot of research and testing, and his posts are carefully tailored to sell dreams to large portions of the population. He…

I was just pondering getting his book, but then I read the comments here and reconsidered. Is it worth reading? Obviously you won't get a 4-hour work week, but is there anything of value in it?

It's worth reading. People have sour grapes about others being successful.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#26

Earlier quoted context omitted.

I was just pondering getting his book, but then I read the comments here and reconsidered. Is it worth reading? Obviously you won't get a 4-hour work week, but is there anything of value in it?

It's worth reading. People have sour grapes about others being successful.

Ah, thanks.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#27

Earlier quoted context omitted.

I was just pondering getting his book, but then I read the comments here and reconsidered. Is it worth reading? Obviously you won't get a 4-hour work week, but is there anything of value in it?

I scanned it in the bookstore one weekend a while back. The gist (what I can remember anyway) is to outsource everything. He basically outsourced his whole life and most business activities using various web outsourcing services like Freelancer.com and whatnot. There were some other little innovations to go along with it, but that's what I remember most. It's worth a quick speed read in the bookstore, but I wouldn't…

I see, thank you.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#28

Earlier quoted context omitted.

The real value in Tim Ferriss' work for me is not usually in the actual content (This blog posts talks about where to register domain names rather than nitty-gritty business details, for example) but rather in observing how well he sells himself and understand what people want. He obviously does a lot of research and testing, and his posts are carefully tailored to sell dreams to large portions of the population. He…

I was just pondering getting his book, but then I read the comments here and reconsidered. Is it worth reading? Obviously you won't get a 4-hour work week, but is there anything of value in it?

I personally really enjoyed it — people whine about "outsourcing everything" but why not outsource all the tasks you don't like doing, ergo reducing your "work" (stuff you don't like doing)?

There are also a lot of good stories about taking mini-retirements regularly rather than saving up for one large one and ways you can make it happen by convincing your boss to let you work remotely or by quitting, so it's not just about outsourcing.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#29

"Make sure that you have your business basics down first. Proper business bank account(s), incorporate earlier, record expenses properly, keep receipts, and get your accounting straight. It’s very hard to switch things over later, so invest some time at the outset and get it right." How hard is it to switch from sole proprietorship to s-corp/llc if you keep your accounting straight and use your personal bank account?

Are you actually asking?: "How hard is it to switch from sole proprietorship to s-corp/llc if you keep your accounting straight and use your personal bank account?"

Not hard at all. If you are a sole prop, American citizen, paperwork in order then it is very easy and a law firm could do it in a couple of k. Orrick has Start-up docs on their website for free.

Re: Tim Ferris: 3 More Case Studies of Successful Cash-Flow Businesses

#30
post #21

Tim Ferriss started by selling people the idea that they could be successful too. Except that his entire career and success is based on telling people what they want to hear. First it was "you can be successful and you don't even need to work hard", more recently he's turned his attention to lifestyle advice such as how to lose weight, how to swim faster, how to look better. Why would anyone take advice from him beat…

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