I lay on my bed, having worked my first day at what would become yet another dead end 9-5 job, and as Timothy's words poured off the pages, I started to get excited about what my future held for me.
Once again, I got the glimmer that my life did not have to be just a few moments of happiness and excitement surrounded by boredom, misery and settling for what I "should do" instead of what I "want".
His plan is pretty simple.
There are four steps to cutting back to 4 hours of work per week, though I wouldn't consider what he does during his four hours to really be work - not in the literal sense, anyway.
Those four steps make up the word D.
E.
A.
L.
D is for Definition This is the whole reason why you are going from 40+ hours to 4+ per week - the goal, the dream, the passion.
He tries to get you out of your comfort zone, tries to get you to break the rut thinking that you have to tade time for dollars.
He asks questions like, "What would you do with your time if you had $1 Million in the bank?" or "What could be so exciting that it would be enough to get you out of bed every morning for the rest of your life?" Now, if you just skip through these questions and don't take the time to actually write your answers out - you have just wasted the money you spent on this book.
So stop rushing, take some time, and answer the questions.
E is for Elimination This is when you have to turn inward on yourself and start trimming the proverbial fat.
Are you working 50-60 hours a week, but feel like you are a rat on a wheel? Maybe because you are.
Timothy would ask you, "Are the things you are doing right now directly connected to accomplishing your D's?" If they are not intrinsically tied, then you will never achieve your goals; not even if you were working 100+ hours a week.
During this portion of transforming your life, you are have exercises where you must take your To Do list, and decide what you would do if you could only get 2 things done on the list each day.
So much of what we do during the day is either busy work, or work subconsciously designed out of fear of failure to keep us from even trying to reach our dreams.
Whatever it is that stands in the way of you accomplishing your dreams has to be removed.
A is for Automation The third step in our reinvention, is Automation.
It is not enough to simply start a $1000 a month business, or even a $10,000 a month online empire.
Starting a traditional business, online or brick and mortar, just multiplies the number of hats you have to wear at any given time.
Instead of working 40 hours a week at a dead end job, you are now have a 10-16 hour day, and you are now coming in on the weekends as well.
There's more paperwork, more headache, more responsibility - and usually less money.
Timothy's solution is to outsource everything.
Get an assistant, get a web designer, get a guy to handle ordering - whatever it takes to get yourself subtracted from the equation that makes your business operate.
He advises that you set up automatic email responses and spend only an hour 1 time a week checking emails and voicemails.
He claims that if you do not solve problems then your people will be empowered to solve them for you.
Now, this I think is a little naive.
If you do as he says, you will be outsourcing your entire life, your bank accounts, your passwords - everything - to someone getting paid between $2-$5 an hour half way around the world.
Someone you have literally never met in person.
Sounds pretty risky to me.
But, if you could pull it off, it would be a great opportunity.
L is for Liberation The last step is taking the plunge.
If you have defined your dreams, eliminated all the useless busy work that stands between us and the accomplishment of those dreams, and you have created streams of income that will support your dreams and you have sufficiently automated the processes of that enterprise so that you are effectively dialed out of the equation, then - at least theoretically - you are in a great position to travel the world, write a novel, learn to cook or whatever it is that you are excited about.
I walked away from the 4-hour work week with a mixed feeling of elation and skepticism.
Unlike Timothy, I'm not much of a product man.
The idea of having physical products to sell to customers and dealing with everything that comes with it is a real turn off for me.
At the same time, though, his book made me really think about what my Definition really is.
What is it that I really want from my life? Overall, it is a tremendous book and one that I highly recommend to anyone who has a dream they would like to fulfill, but just needs the time and the money to accomplish it.
Pick up a copy and get ready for the life of the New Rich.
They definitely are different.
Once again, I got the glimmer that my life did not have to be just a few moments of happiness and excitement surrounded by boredom, misery and settling for what I "should do" instead of what I "want".
His plan is pretty simple.
There are four steps to cutting back to 4 hours of work per week, though I wouldn't consider what he does during his four hours to really be work - not in the literal sense, anyway.
Those four steps make up the word D.
E.
A.
L.
D is for Definition This is the whole reason why you are going from 40+ hours to 4+ per week - the goal, the dream, the passion.
He tries to get you out of your comfort zone, tries to get you to break the rut thinking that you have to tade time for dollars.
He asks questions like, "What would you do with your time if you had $1 Million in the bank?" or "What could be so exciting that it would be enough to get you out of bed every morning for the rest of your life?" Now, if you just skip through these questions and don't take the time to actually write your answers out - you have just wasted the money you spent on this book.
So stop rushing, take some time, and answer the questions.
E is for Elimination This is when you have to turn inward on yourself and start trimming the proverbial fat.
Are you working 50-60 hours a week, but feel like you are a rat on a wheel? Maybe because you are.
Timothy would ask you, "Are the things you are doing right now directly connected to accomplishing your D's?" If they are not intrinsically tied, then you will never achieve your goals; not even if you were working 100+ hours a week.
During this portion of transforming your life, you are have exercises where you must take your To Do list, and decide what you would do if you could only get 2 things done on the list each day.
So much of what we do during the day is either busy work, or work subconsciously designed out of fear of failure to keep us from even trying to reach our dreams.
Whatever it is that stands in the way of you accomplishing your dreams has to be removed.
A is for Automation The third step in our reinvention, is Automation.
It is not enough to simply start a $1000 a month business, or even a $10,000 a month online empire.
Starting a traditional business, online or brick and mortar, just multiplies the number of hats you have to wear at any given time.
Instead of working 40 hours a week at a dead end job, you are now have a 10-16 hour day, and you are now coming in on the weekends as well.
There's more paperwork, more headache, more responsibility - and usually less money.
Timothy's solution is to outsource everything.
Get an assistant, get a web designer, get a guy to handle ordering - whatever it takes to get yourself subtracted from the equation that makes your business operate.
He advises that you set up automatic email responses and spend only an hour 1 time a week checking emails and voicemails.
He claims that if you do not solve problems then your people will be empowered to solve them for you.
Now, this I think is a little naive.
If you do as he says, you will be outsourcing your entire life, your bank accounts, your passwords - everything - to someone getting paid between $2-$5 an hour half way around the world.
Someone you have literally never met in person.
Sounds pretty risky to me.
But, if you could pull it off, it would be a great opportunity.
L is for Liberation The last step is taking the plunge.
If you have defined your dreams, eliminated all the useless busy work that stands between us and the accomplishment of those dreams, and you have created streams of income that will support your dreams and you have sufficiently automated the processes of that enterprise so that you are effectively dialed out of the equation, then - at least theoretically - you are in a great position to travel the world, write a novel, learn to cook or whatever it is that you are excited about.
I walked away from the 4-hour work week with a mixed feeling of elation and skepticism.
Unlike Timothy, I'm not much of a product man.
The idea of having physical products to sell to customers and dealing with everything that comes with it is a real turn off for me.
At the same time, though, his book made me really think about what my Definition really is.
What is it that I really want from my life? Overall, it is a tremendous book and one that I highly recommend to anyone who has a dream they would like to fulfill, but just needs the time and the money to accomplish it.
Pick up a copy and get ready for the life of the New Rich.
They definitely are different.
SHARE
