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| Name | The 4 Hour Work Week Summary | Tim Ferriss |
| Video Uploader | Video From TommyBryson |
| Upload Date | This Video Uploaded At 02-03-2020 00:00:04 |
| Video Discription | So for this video, I decided to summarize that book for you guys. And give you the top 6 main nugget in less 15m. ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ The 4 Hour Work Week Summary | Tim Ferriss Segway: So these are the Top 6 take away from this book 1. 80-20 Rule Vilfredo Pareto ( also know as the parodo Principle) Idea: 20 actions are responsible for 80% of the results The Solution in this book is: - Whether you are an entrepreneur or an Employee: - You want to focus on the 20% of the task that gives you 80% of the results - And stop looking busy, and just get the important job done. How? - Take one Day or One week: to see the 20% of actions that drive the 80% if results - Example: for me, I noticed that Recording and planning a video is 20% of the work I do on youtube that drives 80 Percent of the results - As far as editing, and video uploading well that can be exported to someone else. 2. Parkinsons Law: ( the more time we have the more time we will spend doing it ) Solution: - You don’t have to wait until the last day but what you have to do is 2 things: - First give yourself Deadline, tough one that is almost impossible to complete ( that stay hyper-focus on the task - Second: Eliminate distraction, what I did was I try to limit all my social media use to 1-2hours per day, and if you have a real problem, just cut it out for one entire week - Now If done currently, you’ll stay ultra focus with no distractions, but don’t forget, make sure you are working on the 80-20 rule, do busywork, do the work that matters. Tip: Do your most important task first thing in the morning and don’t answer emails or calls until the afternoon. 3. The rich get rich by doing less - The same concept of the 80-20 rule and Parkinson's law - They just focus on that 20% and that frees up a lot of time - the more the Time you say YES the less time you’ll have Solution: - I’ll tell you guys how Tim Ferris, makes money with a formula later on in the video. 4. No amount of money is worth A lifetime of work You work for 30-40 years to then live like a big shot in the hospital 5. Deal Formula Definition: You’ll have to change your definition of work Elimination: Parkinson's law, eliminating distractions and time-consuming activities. Automation: Business that function on autopilot without any work from you. How: You can hire VA ( virtual assistants from India or even Canada to handle work for you, at a fraction of the cost ) The key is to give them the freedom to communicate with each other and responsibility to make decisions without you. ( and once a week you come and see the reports ) - I actually had 2 VA working for me, from Philippians and one from Iran, the best employees I had for my dropshipping business, and I only paid 3-5 bucks per hour. Key: Is to find a product, a niche and build it up towards automation - Tshirts - Online course - Workout program Liberation: Working Remotely 6. Working Remotely ( will liberate you from the office work and the 40hour week ) - The idea is to convince your boss - To let you work from home - By following these 5 steps Steps: 1. Increase your Value to the Company: will make you almost Unfirable - You do this by asking for additional training and more responsibility 2. Prove Increase output when working remotely - Take a sick day off on Tuesday or Wednesday ( so it doesn’t look like an excuse for a 3 day weekend ) – and test out working remotely 3. Quantify the Benefit for the business - Means do double the work you would usually do in the office ( which will be easy, since you have 0 distractions ) 4. Propose a Trial Period ( return the puppy method) - To work Remotely once per week from home ( and put out double the work and show proof) 5. Expand the Time you Work Remotely - Once you’ve proved the benefits, you gotta go full steam ahead (includes the VA too) Book Resources: https://tim.blog/4-hour-workweek-tools/ * PRO TIP* INFORMATION IS EVERYTHING 👕Merch👕 https://teespring.com/stores/tommybryson 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽💻DISCORD PRIVATE GROUP👨🏽💻 https://discord.gg/EcZEHpA My Camera Gear: https://amazon.com/shop/tommybryson ✔ Help Us Reach 100,000 Subscribers: https://goo.gl/0wvm6w Social Media~ Facebook: https://www.facebook.com/tommybryson.yt Twitter: https://twitter.com/TommyBrysonVlog Instagram: https://www.instagram.com/tommybryson Snapchat: tommy28fly |
| Category | Education |
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