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The 4 Hour Work Week Application

Top 3 Quotes

There’s no difference between a pessimist who says, “Oh, it’s hopeless, so don’t bother doing anything,” and an optimist who says, “Don’t bother doing anything, it’s going to turn out fine anyway.” Either way, nothing happens. —YVON CHOUINARD,7 founder of Patagonia

Hear the music / Before the song is over.

For the past 33 years, I have looked in the mirror every morning and asked myself: “If today were the last day of my life, would I want to do what I am about to do today?” And whenever the answer has been “No” for too many days in a row, I know I need to change something … almost everything—all external expectations, all pride, all fear of embarrassment or failure—these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. —STEVE JOBS, college dropout and CEO of Apple Computer, Stanford University Commencement, 2005

3 Sentence Summary

1. Elimination is crucial for productivity and progression
2. Whether it’s by taking small retirements or doing things you enjoy, the 4 hour work-week allows us to live life and be happy through freedom of choice; we should not save our enjoyment until the end of life
3. Automation (outsourcing) is the most profitable form of making money, and we can incrementally work towards it through smart decisions

Author’s Purpose

• The author wants to share a no BS and insightful guide to how he is in the position he is today
  • Truly achieving a 4 hour work week to focus on the more important parts of life

Important Ideas

• Taking breaks is important through life
  • small retirements
• The idea of how vague plans after our goals may keep us inclined to keep climbing higher
• Elimination in our life
  • 80/20 rule
  • Parkinson’s law
  • Elminating useless social media/news/information
  • Eliminating wasted time and distractions
• Mindful about effectiveness
• Automation
  • The benefits and effectiveness of outsourcing
• Creating and selling a product
  • Working with a niche market
  • Testing markets before creating a product
• Amplifying automation as demand increases
• Lose/win guarantee
• Faking the company’s size
• Asking for remote work when an employee
• Balancing our life and not spending time on the trivial stuff
  • Finding purpose
  • Don’t dwell on philosophical questions
• The problems of too many choices

Personal Revelations

• I feel out of it
  • Reading doesn’t feel fun right now
    • It’s a topic I want to learn about and his writing is good, I just don’t think the ideas are what I’m looking for
• Holy shit elimination is so fucking good
• THIS BOOK IS A GOLDMINE
  • The detail on the examples are exactly what I needed
    • I could literally follow this guide word-for-word and see results
    • Perfect timing for what I want to do
• Knowledge-based products is the play
  • Coaching, tutoring, courses
• I’ve read enough books, it’s time to start applying everything I learned and learn as I go
• I should stop being hesitant on using these different websites and services, as it can lead to true automation of a business
• 6 month
  1. Have
     • A fully operational business venture
     • A productivity-enhancing room
     • A monetizeable channel
     • A girlfriend
     • Earn 6k
  2. Be
     • A good networker
       • Be good at finding potential people to know
         • Be good at social skills
           • Go to more events
             • Putting myself out there
     • An effective student
       • Use obsidian, spaced repetition, and anki
         • Watch more youtube videos
     • An active and intelligent investor
       • Learn more about analytical investing
         • Read more books, join discussions
     • Muscular
       • Daily workouts
         • Find more youtube videos and committ
           • Find a balance
  3. Do
     • Weekly social events
     • Weekly tutorings
     • Learn how to cook
     • Visit all over BC
     • Daily workouts
• 12 month
  1. Have
  2. Be
  3. Do

Chapter 5

1. Which 20% of sources are causing 80% of my problems and unhappiness?
   • Appearance
2. Which 20% of sources are resulting in 80% of my desired outcomes and happiness?
   • Reading

Future Plans

• This book is a goldmine of actionable ideas and principles
• Drop the ego and outsource when applicable
• Really start forming connections and asking for help
• Constant elimination practices and optimization
• Parkinson’s Law to feel the rush
• Don’t check my emails and youtube channel any more than 4 times a day
  • Don’t check it first thing in the morning
• Actively ask myself questions on the media I consume
• Grow some balls and reach out to higher people
• Student course for obsidian
  • Santi already has a basic course, so I will go even more niche
  • Maybe
• Start spending some time reflecting on all the things I’ve read about
  • Create a workflow that truly enables practice and life integration