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4-hour work week summary

  • Time is the new money. Handling time is handling everything.

Life style design - Designing the life style you want without needing any money, only with time and mobility.

  • Always store only the important information.
  • Make your money flow in autopilot mode.
  • Try to outsource everything you can, it puts less pressure on you. - Only work for yourself.
  • Do all the things you want.
  • Buy all the things you want.
  • Do things which excite you.
  • Be all the things you want.
  • Be your own boss.
  • What we fear doing most is, what we want to do immediately.
  • Always calculate the potential downside of an action but also calculate the downside of inaction.

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  • Dream the unrealistic.
  • You are always better than you think.
  • Find who you are?
  • Create a 6-month timeline to achieve your passion.
  • Calculate how much money you need to achieve your goals.
  • Calculate the cash required on a monthly basis.
  • Calculate monthly expense and multiply by 1.3 and add the money needed for your passion. This is your monthly target value.
  • Calculate target daily income. Use www.4hourworkweek.com/calculator.
  • Always ask the familiar person in that field to make your work simpler, don’t get into paralysis by analysis.
  • Take the first step now. Tomorrow never comes.
  • The 80/20 rule.
  • The Parkinson’s Law.
    • 80% of the results come from the 20% effort you put in.
  • Find distribution before designing a product.

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Ask these questions thrice a day:

  • Am I productive or just active?
  • Am I inventing new things to avoid the important?
  • What would you do if you have a heart attack and to have to work only two hours a day.
  • Less is more.
  • Always consume the data that is used immediately. Consuming the data which is used later is waste of time.
  • Always cut down the chat to important point.
  • Create actions into batches.
  • Make recurring tasks into batches, so you cannot stuck doing recurring things every time.
  • Clear thinking, comes clear commands.
  • Think simple.
  • Identify the top 5 time-consuming tasks.
  • Develop the art of commanding.
  • Owning a product differs from creating, manufacturing and selling the product.
  • We own a business which we never manage anything we don’t lift any heavy work, all the things are outsourced.