The Tim Ferriss Show - #783: The 4-Hour Workweek Revisited — How to Get Uncommon Results by Doing the Opposite, Aiming with Precision, and Aiming for the Unrealistic
Episode Date: December 18, 2024This time around, we have a bit of a different format, featuring the book that started it all, The 4-Hour Workweek, which was published in 2007. It’s crazy to think that the 20th anniversar...y is around the corner. Readers and listeners often ask me what I would change or update, but in my mind, an equally interesting question is: what wouldn’t I change? What stands the test of time and hasn’t lost any potency? This episode features three chapters from the audiobook of The 4-Hour Workweek that are time-tested. They represent tools and frameworks that have changed my life and that I still use today.The 4-Hour Workweek: Expanded and Updated is written by Timothy Ferriss and narrated by Ray Porter. The audiobook, produced and copyrighted by Blackstone Publishing, is available wherever audiobooks are sold. You can find it on Audible, Apple, Google, Spotify, Downpour.com, or wherever you get your favorite audiobooks.Sponsors:Seed's DS-01® Daily Synbiotic broad spectrum 24-strain probiotic + prebiotic: https://Seed.com/Tim (Use code 25TIM for 25% off your first month's supply)Helix Sleep premium mattresses: https://HelixSleep.com/Tim (20% off all mattress orders and two free pillows)AG1 all-in-one nutritional supplement: https://DrinkAG1.com/Tim (1-year supply of Vitamin D (and 5 free AG1 travel packs) with your first subscription purchase.)*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Hello boys and girls ladies and germs. This is Tim Ferriss welcome to another episode of the Tim Ferriss show
This time around instead of a long-form interview deconstructing a world-class performer. I thought I would do something
Different this time around I'm going to revisit the book that started at all what put me on the map
So to speak way back in 2007 the four-hour workweek
It is completely nuts to think that the 20th anniversary is just
around the corner in a few years and many of you readers, many of you listeners often ask me what
I would change or update, but in my mind and equally maybe more important question is what
wouldn't I change? What are the things that have stood the test of time that have not lost any potency? The things that I revisit most often. And this episode is intended to answer that. It features
three chapters from the audiobook of the four hour work week that are time tested. These are the
things that have changed my life tremendously that I continue to use to improve my life,
to get back on track. They represent tools and frameworks that millions of you have read,
and I have seen hundreds and thousands
of successful case studies.
They do work.
The chapters are narrated
by the great voice actor Ray Porter.
And just as a quick review, a quick primer,
the four hour work week is written in four sections,
each corresponding to a letter in the acronym DEAL,
which stands for Definition, Elimination, Automation,
and Liberation.
The chapters you're going to hear are from the section
D is for Definition.
Why is this?
Well, first things first.
It comes first.
If you want to craft your best life in your ideal lifestyle
to do it proactively, not reactively,
these chapters should help.
It's very programmatic.
It lays it out.
If you want to maximize your per hour output, whether that's four hours a week, 40 hours a week, or 100 hours a week,
the approaches are the same and definition is the most important first step. So I really hope you
enjoy them. These are the bedrock of the four hour work week and they are timeless in part because
I borrowed a lot of these from best practices
elsewhere. That's why they have lasted so long because they started off lasting so long and I
selected them. If you're interested in checking out the rest of the audiobook, which is produced
and copyrighted by Blackstone Publishing, you can find it on Audible, Apple, Google, Spotify,
Downpour.com or wherever you find your favorite audiobooks. And please, please, please let me know what you think of this format.
Do you like it? Should I do more of it? Should I not do it? Should I do it in a different way?
I'm thinking of doing things not just with my own books
and offering additional thoughts, but with other books from other people.
So let me know. Send me a note after you listen to this at
Tferr S on Twitter.
That is X of course. And you can also leave a comment on the blog post associated with
this particular episode on Tim dot blog. And we're going to get right to the meat and potatoes. But
before that, just a minute to hear a few quick words from the people who make this podcast possible. I
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Optimal minimal.
At this altitude, I can run flat out for a half mile before my hands start shaking.
Can I ask you a personal question? At this altitude I can run flat out for a half mile before my hands start shaking.
Can I ask you a personal question?
Now is the appropriate time.
What if I could be opposite?
I'm a cybernetic organism living to show another endoskeleton.
Me, Tim, Ferris, Joe.
Rules that change the rules.
Everything popular is wrong.
I can't give you a surefire formula for success, but I can give you a formula for failure.
Try to please everybody all the time.
Herbert Bayard Swope, American editor and journalist, first recipient of the Pulitzer
Prize.
Everything popular is wrong.
Oscar Wilde, The Importance of Being Earnest.
Beating the Game, Not Playing the Game
In 1999, some time after quitting my second unfulfilling job in eating peanut butter sandwiches
for comfort, I won the gold medal at the Chinese kickboxing Sanshu National Championships.
It wasn't because I was good at punching and kicking, God forbid, that seemed a bit
dangerous considering I did it on a dare and had four weeks of preparation.
Besides, I have a watermelon head.
It's a big target.
I won by reading the rules and looking for unexploited opportunities, of which there
were two.
1.
Weigh-ins were the day prior to competition.
Using dehydration techniques commonly practiced by elite powerlifters and Olympic wrestlers,
I lost 28 pounds in 18 hours, weighed in at 165 pounds and then hyper-hydrated back to
193 pounds.
Most people will assume this type of weight manipulation is impossible, so I've provided
sample photographs at 4hourblog.com.
Do NOT try this at home.
I did it all under medical supervision.
It's hard to fight someone from three weight classes above you.
Poor little guys.
2.
There was a technicality in the fine print.
If one combatant fell off the elevated platform three times in a single round, his opponent
won by default.
I decided to use this technicality as my principal technique and push people off.
As you might imagine, this did not make the judges the happiest Chinese I've ever seen.
The result?
I won all of my matches by technical knockout, TKO, and went home national champion, something
99% of those with 5-10 years of experience had been unable to do.
But isn't pushing people out of the ring pushing the boundaries of ethics?
Not at all.
It's no more than doing the uncommon within the rules.
The important distinction is that between official rules and self-imposed rules, consider
the following example from the official website of the Olympic movement, Olympic.org.
The 1968 Mexico City Olympics marked the international debut of Dick Fosbury and his celebrated Fosbury
flop which would soon revolutionize high jumping.
At the time, jumpers swung their outside foot up and over the bar, called the straddle,
much like a hurdle jump.
It allowed you to land on your feet.
Fosbury's technique began by racing up to the bar at great speed and taking off from
his right, or outside, foot.
Then he twisted his body so that he went over the bar head first with his back to the bar.
While the coaches of the world shook their heads in disbelief, the Mexico City audience
was absolutely captivated by Fosbury and shouted, Olé! as he cleared the bar.
Fosbury cleared every height through 2.22 meters without a miss and then achieved a
personal record of 2.24 meters to win the gold medal.
By 1980, 13 of the 16 Olympic finalists were using the Fosbury flop.
The weight-cutting techniques and off-platform throwing I used are now standard features
of sans-chou competition.
I didn't cause it.
I just foresaw it as inevitable, as did others who tested this superior approach.
Now it's par for the course.
Sports evolve when sacred cows are killed, when basic assumptions are tested.
The same is true in life and in lifestyles.
Challenging the status quo versus being stupid.
Most people walk down the street on their legs.
Does that mean I walk down the street on my hands?
Do I wear my underwear outside of my pants in the name of being different?
Not usually, no.
Then again walking on my legs and keeping my thong on the inside of work just fine thus
far.
I don't fix it if it isn't broken.
Different is better when it is more effective or more fun.
If everyone is defining a problem or solving it one way and the
results are subpar, this is the time to ask, what if I did the opposite? Don't
follow a model that doesn't work. If the recipe sucks, it doesn't matter how good
a cook you are. When I was in data storage sales my first gig out of
college, I realized that most cold calls didn't get
to the intended person for one reason.
Gatekeepers.
If I simply made all my calls from 8 o'clock to 8.30 a.m. and 6 o'clock to 6.30 p.m. for
a total of one hour, I was able to avoid secretaries and book more than twice as many meetings
as the senior sales executives
who called from 9 to 5.
In other words, I got twice the results for one-eighth the time.
From Japan to Monaco, from globetrotting single mothers to multi-millionaire race car drivers,
the basic rules of successful NR are surprisingly uniform and predictably divergent from what
the rest of the world is doing.
The following rules are the fundamental differentiators to keep in mind throughout this audiobook.
1.
Retirement is worst-case scenario insurance.
Retirement planning is like life insurance. It should be viewed as nothing more than a hedge against the absolute worst case scenario.
In this case, becoming physically incapable of working and needing a reservoir of capital
to survive.
Retirement as a goal or final redemption is flawed for at least three solid reasons. A. It is predicated on the assumption
that you dislike what you are doing during the most physically capable years of your life.
This is a non-starter. Nothing can justify that sacrifice.
B. Most people will never be able to retire and maintain even a hot dogs for dinner standard of living.
Even one million is chump change in a world where traditional retirement could span 30
years, and inflation lowers your purchasing power 2 to 4 percent per year.
The math doesn't work.
The golden years become lower middle class life revisited.
That's a bittersweet ending.
See, if the math does work, that means that you are one ambitious hard-working
machine. If that's the case, guess what? One week into retirement you'll be so
damn bored that you'll want to stick bicycle spokes in your eyes. You'll
probably opt to look for a new job or start another company.
Kind of defeats the purpose of waiting, doesn't it? I'm not saying don't plan
for the worst case. I have maxed out 401ks and IRAs I use primarily for tax
purposes, but don't mistake retirement for the goal. Two, interest and energy are
cyclical. If I offered you 10 million dollars to work 24
hours a day for 15 years and then retire, would you do it? Of course not, you couldn't.
It is unsustainable, just as what most define as a career, doing the same thing for 8 plus
hours per day until you break down or have enough cash to permanently stop.
How else can my 30-year-old friends all look like a cross between Donald Trump and Joan
Rivers?
It's horrendous.
Premature aging fueled by triple bypass frappuccinos and impossible workloads.
Alternating periods of activity and rest is necessary to survive, let alone thrive.
Capacity, interest, and mental endurance all wax and wane.
Plan accordingly.
The NR aims to distribute many retirements throughout life instead of hoarding the recovery
and enjoyment for the fool's gold of retirement. By working only when you are
most effective, life is both more productive and more enjoyable. It's the
perfect example of having your cake and eating it too. Personally, I now aim for
one month of overseas relocation or high-intensity learning, tango, fighting, whatever, for every two months of work projects.
3. Less is not laziness. Doing less meaningless work so that you can focus on
things of greater personal importance is not laziness. This is hard for most to
accept because our culture tends to reward personal sacrifice
instead of personal productivity.
Few people choose to, or are able, to measure the results of their actions and thus measure
their contribution in time.
More time equals more self-worth and more reinforcement from those above and around
them.
The N.R., despite fewer hours in the office, produce more meaningful results than the next
dozen non-N.R. combined.
Let's define laziness on you.
To endure a non-ideal existence, to let circumstance or others decide life for you or to amass a fortune while passing through
life like a spectator from an office window.
The size of your bank account doesn't change this, nor does the number of hours you log
in handling unimportant email or minutiae.
Focus on being productive instead of busy.
4.
The timing is never right.
I once asked my mom how she decided when to have her first child, little ol' me.
The answer was simple.
It was something we wanted and we decided there was no point in putting it off.
The timing is never right to have a baby.
And so it is.
For all of the most important things, the timing always sucks.
Waiting for a good time to quit your job?
The stars will never align and the traffic lights of life will never all be green at
the same time.
The universe doesn't conspire against you, but it doesn't go out of its way to line up
all the pins either.
Conditions are never perfect.
Someday is a disease that will take your dreams to the grave with you.
Pro and con lists are just as bad.
If it's important to you and you want to do it, eventually, just do it and correct course
along the way.
5. Just do it and correct course along the way five ask for forgiveness not permission if
It isn't going to devastate those around you try it and then justify it
People whether parents partners or bosses deny things on an emotional basis that they can learn to accept after the fact
If the potential damage is moderate or in any way reversible, don't give people the
chance to say no.
Most people are fast to stop you before you get started, but hesitant to get in the way
if you're moving.
Get good at being a troublemaker and saying sorry when you really screw up.
6.
Emphasize strengths, don't fix weaknesses.
Most people are good at a handful of things and utterly miserable at most. I am great
at product creation and marketing but terrible at most of the things that follow. My body
is designed to lift heavy objects and throw them. And that's it. I ignored this for a
long time. I tried swimming and looked like a drowning monkey.
I tried basketball and looked like a caveman.
Then I became a fighter and took off.
It is far more lucrative and fun to leverage your strengths instead of attempting to fix
all the chinks in your armor.
The choice is between multiplication of results using strengths or incremental
improvement fixing weaknesses that will, at best, become mediocre. Focus on better use
of your best weapons instead of constant repair.
7. Things in excess become their opposite. It is possible to have too much of a good thing.
In excess most endeavors and possessions take on the characteristics of their opposite.
Thus, pacifists become militants, freedom fighters become tyrants, blessings become
curses, help becomes hindrance, More becomes Less.
Goldian Vandenbroek, edition from Less is More, an anthology of ancient and modern voices
raised in praise of simplicity, Inner Traditions, 1996.
Too much, too many, and too often of what you want becomes what you don't want.
This is true of possessions and even time. Lifestyle
design is thus not interested in creating an excess of idle time, which is poisonous,
but the positive use of free time, defined simply as doing what you want as opposed to
what you feel obligated to do.
8. Money alone is not the solution.
There is much to be said for the power of money as currency. I'm a fan myself.
But adding more of it just isn't the answer as often as we'd like to think.
In part, it's laziness. If only I had more money is the easiest way to postpone the intense self-examination and decision-making
necessary to create a life of enjoyment, now and not later. By using money as the scapegoat
and work as our all-consuming routine, we are able to conveniently disallow ourselves
the time to do otherwise.
John, I'd love to talk about the gaping void I feel in my life,
the hopelessness that hits me like a punch in the eye
every time I start my computer in the morning,
but I have so much work to do.
I've got at least three hours of unimportant email to reply to
before calling the prospects who said no yesterday.
Gotta run!
Busy yourself with the routine of the money wheel,
pretend it's the fix-all, and you artfully
create a constant distraction that prevents you from seeing just how pointless it is.
Deep down, you know it's all an illusion, but with everyone participating in the same
game of make-believe, it's easy to forget.
The problem is more than money.
9.
Relative income is more important than absolute income.
Among dieticians and nutritionists there is some debate over the value of a calorie.
Is a calorie a calorie, much like a rose is a rose?
Is fat loss as simple as expending more calories
than you consume?
Or is the source of those calories important?
Based on work with top athletes,
I know the answer to be the latter.
What about income?
Is a dollar is a dollar is a dollar?
The new rich don't think so.
Let's look at this like a fifth grade math problem.
Two hard-working chaps are headed toward each other.
Chap A moving at 80 hours per week and Chap B moving at 10 hours per week.
They both make $50,000 per year.
Who will be richer when they pass in the middle of the night?
If you said B, you would be correct, and this is the difference between absolute and relative income.
Absolute income is measured using one holy and inalterable variable, the raw and almighty
dollar. Jane Doe makes $100,000 per year and is thus twice as rich as John Doe, who makes
$50,000 per year. Relative income uses two variables, the dollar and time,
usually hours.
The whole per year concept is arbitrary
and makes it easy to trick yourself.
Let's look at the real trade.
Jane Doe makes $100,000 per year,
$2,000 for each of 50 weeks per year and works 80 hours
per week.
Jane Doe thus makes $25 per hour.
John Doe makes $50,000 per year, $1,000 for each of 50 weeks per year but works 10 hours
per week and hence makes $100 per hour.
In relative income, John is four times richer.
Of course, relative income has to add up to the minimum amount necessary to actualize
your goals.
If I make $100 per hour but only work one hour per week, it's going to be hard for
me to run amok like a superstar.
Assuming that the total absolute income is where it needs to be to live my dreams, not
an arbitrary point of comparison with the Joneses, relative income is the real measurement
of wealth for the new rich.
The top new rich mavericks make at least $5,000 per hour.
Out of college, I started at about five.
I'll get you closer to the former.
10.
Distress is bad.
Use stress is good.
Unbeknownst to most fun-loving bipeds, not all stress is bad.
Indeed, the new rich don't aim to eliminate all stress, not in the least.
There are two separate types of stress, each as different as euphoria and its seldom-mentioned
opposite dysphoria.
Distress refers to harmful stimuli that make you weaker, less confident, and less able.
Destructive criticism, abusive bosses, and smashing your face on a curb are examples of this.
These are things we want to avoid.
Eustress, on the other hand, is a word most of you have probably never heard. You, a Greek prefix for healthy,
is used in the same sense in the word euphoria.
Role models who push us to exceed our limits,
physical training that removes our spare tires,
and risks that expand our sphere of comfortable action
are all examples of eustress,
stress that is healthful and the
stimulus for growth. People who avoid all criticism fail. It's destructive criticism
we need to avoid, not criticism in all forms. Similarly, there is no progress without eustress,
and the more eustress we can create or apply to our lives, the sooner we
can actualize our dreams.
The trick is telling the two apart.
The new rich are equally aggressive in removing distress and finding you stress.
Q&A.
Questions and Actions 1. How has being realistic or responsible kept
you from the life you want? 2. How has doing what you should resulted
in sub-par experiences or regret for not having done something else?
3. Look at what you're currently doing and ask yourself, what would happen if I did the opposite
of the people around me? What will I sacrifice if I continue on this track for 5, 10, or 20 years? Just a quick thanks to one of our sponsors and we'll be right back to the show. This episode is brought to you by AG1, the daily foundational nutritional supplement that supports whole body health.
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Check it out. before banish it you can. Yoda from Star Wars, The Empire Strikes Back.
Rio de Janeiro, Brazil. 20 feet and closing. Run! Run! Hans didn't speak Portuguese, but
the meaning was clear enough. Haul ass. His sneakers gripped firmly on the jagged rock and he drove his
chest forward toward three thousand feet of nothing. He held his breath on the final step
and the panic drove him to near unconsciousness. His vision blurred at the edges, closing to
a single pinpoint of light and then... he floated. The all-consuming celestial blue of the horizon hit his visual field an instant after he realized
that the thermal updraft had caught him and the wings of the paraglider.
Fear was behind him on the mountaintop, and thousands of feet above the resplendent green rainforest and pristine white beaches of Copacabana,
Hans Keeling had seen the light.
That was Sunday.
On Monday, Hans returned to his law office in Century City, Los Angeles' posh corporate
haven, and promptly handed in his three-week notice.
For nearly five years, he had faced his alarm clock with the same dread.
I have to do this for another 40 to 45 years? He had once slept under his desk at the office
after a punishing half-done project only to wake up and continue on it the next morning.
That same morning he had made himself a promise.
Two more times, and I'm out of here. Strike number three came the day before he left for
his Brazilian vacation. We all make these promises to ourselves, and
Hans had done it before as well, but things were now somehow different. He was different.
He had realized something while arcing in slow circles toward the earth.
Risks weren't that scary once you took them.
His colleagues told him what he expected to hear.
He was throwing it all away.
He was an attorney on his way to the top.
What the hell did he want?
Hans didn't know exactly what he wanted, but he had tasted it.
On the other hand, he did know what bored him to tears, and he was done with it.
No more passing days as the living dead, no more dinners where his colleagues compared
cars riding on the sugar- high of a new BMW purchase
until someone bought a more expensive Mercedes. It was over.
Immediately a strange shift began. Hans felt for the first time in a long time at
peace with himself and what he was doing. He had always been terrified of plane turbulence, as if he might die with the best inside of
him, but now he could fly through a violent storm sleeping like a baby.
Strange indeed.
More than a year later he was still getting unsolicited job offers from law firms, but
by then had started Nexus Surf.
NexusSurf.com, a premier surf adventure company based in the tropical paradise of Florianópolis,
Brazil.
He had met his dream girl, a carioca with caramel-colored skin named Tatiana, and spent
most of his time relaxing under palm trees or treating clients to the best times
of their lives.
Is this what he had been so afraid of?
These days he often sees his former self in the underjoyed and overworked professionals
he takes out on the waves, waiting for the swell the true emotions come out.
God, I wish I could do what you do.
His reply is always the same.
You can.
The setting sun reflects off the surface of the water, providing a zen-like setting for
a message he knows is true.
It's not giving up to put your current path on indefinite pause.
He could pick up his law career exactly where he left off if
he wanted to, but that is the furthest thing from his mind.
As they paddle back to shore after an awesome session, his clients get a hold of themselves
and regain their composure. They set foot on shore and reality sinks its fangs in. I would, but I can't really throw it all away."
He has to laugh.
The Power of Pessimism Defining the Nightmare
Action may not always bring happiness, but there is no happiness without action.
Benjamin Disraeli, former British Prime Minister.
To do or not to do. To try or not to try. Most people will vote no, whether they
consider themselves brave or not. Uncertainty in the prospect of failure
can be very scary noises in the shadows. Most people will choose unhappiness over uncertainty.
For years I set goals, made resolutions to change direction, and nothing came of either.
I was just as insecure and scared as the rest of the world.
The simple solution came to me accidentally four years ago. At that time I had more money than I knew what to do with.
I was making seventy thousand dollars or so per month, and I was completely miserable.
Worse than ever.
I had no time and was working myself to death.
I had started my own company only to realize it would be nearly impossible to sell.
This turned out to be yet another self-imposed limitation and false construct.
Brainquicken was acquired by a private equity firm in 2009.
The process is described on 4hourblog.com.
Oops, I felt trapped and stupid at the same time.
I should be able to figure this out.
I thought, why am I such an idiot? Why can't I make this work? Buckle up and stop being such a insert
expletive. What's wrong with me? The truth was, nothing was wrong with me. I hadn't
reached my limit. I'd reached the limit of my business model at the time. It
wasn't the driver. It was the vehicle.
Critical mistakes in its infancy would never let me sell it. I could hire magic elves and
connect my brain to a supercomputer. It didn't matter. My little baby had some serious birth
defects. The question then became, how do I free myself from this Frankenstein while
making itself sustaining? How do I pry myself from the tentacles of workaholism and the
fear that it would fall to pieces without my fifteen-hour days? How do I escape this
self-made prison? A trip, I decided. A sabbatical year around the world.
So I took the trip, right? Well, I'll get to that.
First, I felt it prudent to dance around with my shame, embarrassment, and anger for six months, all the while playing an endless loop of reasons why my cop-out fantasy trip could never work.
One of my more productive periods, for sure.
Then one day, in my bliss of envisioning how bad my future suffering would be, I hit upon
a gem of an idea.
It was surely a highlight of my Don't Happy Be Worry phase.
Why don't I decide exactly what my nightmare would be? The worst thing
that could possibly happen as a result of my trip.
Well, my business could fail while I'm overseas for sure. Probably would. A legal warning
letter would accidentally not get forwarded and I would get sued. My business would be shut down and inventory would spoil on the shelves while I'm picking
my toes in solitary misery on some cold shore in Ireland.
Crying in the rain, I imagine.
My bank account would crater by eighty percent and certainly my car and motorcycle in storage
would be stolen.
I suppose someone would probably spit on my head from a high-rise balcony while I'm feeding
food scraps to a stray dog, which would then spook and bite me squarely on the face.
God, life is a cruel, hard bitch.
Conquering Fear Equals Defining Fear
Set aside a certain number of days during which you shall be content
with the scantiest and cheapest fare, with coarse and rough dress, saying to yourself
the while, Is this the condition that I feared? Seneca.
Then a funny thing happened. In my undying quest to make myself miserable, I accidentally began to backpedal.
As soon as I cut through the vague unease and ambiguous anxiety by defining my nightmare
— the worst-case scenario — I wasn't as worried about taking a trip.
Suddenly I started thinking of simple steps I could take to salvage my remaining resources
and get back on track if all hell struck at once.
I could always take a temporary bartending job to pay the rent, if I had to.
I could sell some furniture and cut back on eating out.
I could steal lunch money from the kindergartners who passed by my apartment every morning.
The options were many.
I realized it wouldn't be that hard to get back to where I was, let alone survive.
None of these things would be fatal.
Not even close.
Mere panty pinches on the journey of life.
I realized that on a scale of one to 10, 1 being nothing and 10 being permanently life-changing,
my so-called worst-case scenario might have a temporary impact of 3 or 4.
I believe this is true of most people, and most would-be, holy shit, my life is over,
disasters.
Keep in mind that this is the one in a million disaster nightmare.
On the other hand, if I realized my best case scenario, or even a probable case scenario,
it would easily have a permanent 9 or 10 positive life-changing effect.
In other words, I was risking an unlikely and temporary 3 or 4 for a probable and permanent
9 or 10, and I could easily
recover my baseline workaholic prison with a bit of extra work if I wanted to.
This all equated to a significant realization. There was practically no risk, only huge,
life-changing upside potential, and I could resume my previous course without any more effort
than I was already putting forth.
That is when I made the decision to take the trip and bought a one-way ticket to Europe.
I started planning my adventures and eliminating my physical and psychological baggage.
None of my disasters came to pass, and my life has been a near fairy tale since. The business did better than ever,
and I practically forgot about it as it financed my travels around the world in style for 15 months.
Uncovering Fear, disguised as Optimism
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.
Yvonne Chouinard, founder of Patagonia.
Fear comes in many forms, and we usually don't call it by its four-letter name.
Fear itself is quite fear-inducing.
Most intelligent people in the world dress it up as something else.
Optimistic denial.
Most who avoid quitting their jobs entertain the thought that their course will improve
with time or increases in income. This seems valid and is attempting
hallucination when a job is boring or uninspiring instead of pure hell. Pure
hell forces action, but anything less can be endured with enough clever
rationalization. Do you really think it will improve or is it wishful thinking
and an excuse for inaction? If you were confident
in improvement, would you really be questioning things so? Generally not. This is fear of
the unknown disguised as optimism. Are you better off than you were one year ago, one month ago, or one week ago? If not, things will not improve
by themselves. If you are kidding yourself, it is time to stop and plan for
a jump. Barring any James Dean ending, your life is going to be long. Nine to
five for your working lifetime of 40 to 50 years is a long ass time if the rescue
doesn't come.
About 500 months of solid work.
How many do you have to go?
It's probably time to cut your losses.
Someone call the maitre d.
You have comfort.
You don't have luxury.
And don't tell me that money plays a part.
The luxury I advocate has nothing to do with money.
It cannot be bought.
It is the reward of those who have no fear of discomfort.
Jean Cocteau French poet, novelist, boxing manager, and
filmmaker, whose collaborations were the inspiration for the
term surrealism.
Sometimes timing is perfect.
There are hundreds of cars circling a parking lot and someone pulls out of a spot ten feet
from the entrance just as you reach his or her bumper.
Another Christmas miracle.
Other times the timing could be better. The phone rings during sex and seems to ring for a half hour.
The UPS guy shows up ten minutes later. Bad timing can spoil the fun.
Jean-Marc Hachet landed in West Africa as a volunteer, with high hopes of lending a helping hand.
In that sense his timing was great.
He arrived in Ghana in the early 1980s, in the middle of a coup d'état, at the peak
of hyperinflation and just in time for the worst drought in a decade.
For these same reasons, some people would consider his timing quite poor from a more
selfish survival standpoint.
He had also missed the memo.
The national menu had changed and they were out of luxuries like bread and clean water.
He would be surviving for four months on a slush-like concoction of cornmeal and spinach.
Not what most of us would order at the movie theater.
Wow!
I can survive!
Jean-Marc had passed the point of no return, but it didn't matter.
After two weeks of adjusting to the breakfast, lunch, and dinner,
Mush a la Ghana, he had no desire to escape.
The most basic of foods and good friends proved to be the only real necessities, and what would
seem like a disaster from the outside was the most life-affirming epiphany he'd ever
experienced.
The worst really wasn't that bad.
To enjoy life you don't need fancy nonsense, but you do need to control your time and realize
that most things just aren't as serious as
you make them out to be.
Now forty-eight, Jean-Marc lives in a nice home in Ontario, but could live without it.
He has cash, but could fall into poverty tomorrow and it wouldn't matter.
Some of his fondest memories still include nothing but friends and gruel.
He is dedicated to creating special moments
for himself and his family and is utterly unconcerned with retirement. He's already
lived twenty years of partial retirement in perfect health. Don't save it all for the
end. There is every reason not to.
Q&A
Questions and Actions
I am an old man and have known a great many troubles, but most of them never happened.
Mark Twain
If you are nervous about making the jump, or simply putting it off out of fear of the
unknown, here is your antidote.
Write down your answers and keep in mind that thinking a lot will not prove as fruitful
or as prolific as simply brain vomiting on the page.
Write and do not edit.
Aim for volume.
Spend a few minutes on each answer.
1.
Define your nightmare, the absolute worst that could happen if you did what you are
considering. What doubts, fears, and what-ifs pop up as you consider the big changes you
can or need to make? Envision them in painstaking detail. Would it be the end of your life?
What would be the permanent impact, if any, on a scale of 1 to 10?
Are these things really permanent? How likely do you think it is that they would actually happen?
2. What steps could you take to repair the damage or get things back on the upswing,
even if temporarily? Chances are it's easier than you imagine. How could you get things back on the upswing, even if temporarily. Chances are it's easier than you imagine.
How could you get things back under control? 3. What are the outcomes or benefits, both
temporary and permanent, of more probable scenarios?
Now that you've defined the nightmare, what are the more probable or definite positive
outcomes, whether internal, confidence, self-esteem, etc., or external? What are the more probable or definite positive outcomes, whether internal, confidence,
self-esteem, etc. or external? What would the impact of these more likely outcomes be
on a scale of 1 to 10? How likely is it that you could produce at least a moderately good
outcome? Have less intelligent people done this before and pulled it off?
If you were fired from your job today, what would you do to get things under financial control?
Imagine this scenario and run through questions one through three.
If you quit your job to test other options, how could you later get back on the same career track if you absolutely had to.
5.
What are you putting off out of fear?
Usually what we most fear doing is what we most need to do.
That phone call, that conversation, whatever the action might be, it is fear of unknown
outcomes that prevents us from doing what we need to do.
Define the worst case, accept it, and do it. I'll repeat something you might consider tattooing
on your forehead. What we fear doing most is usually what we most need to do. As I have
heard said, a person's success in life can usually be measured by the number
of uncomfortable conversations he or she is willing to have.
Resolve to do one thing every day that you fear.
I got into this habit by attempting to contact celebrities and famous business people for
advice.
6.
What is it costing you, financially, emotionally, and physically, to postpone action?
Don't only evaluate the potential downside of action. It is equally important to measure
the atrocious cost of inaction. If you don't pursue those things that excite you, where
will you be in one year? Five years, and ten years. How will you feel
having allowed circumstance to impose itself upon you and having allowed ten more years
of your finite life to pass doing what you know will not fulfill you? If you telescope
out ten years and know with one hundred percent certainty that it is a path of disappointment and regret, and if
we define risk as the likelihood of an irreversible negative outcome, inaction is the greatest
risk of all.
7.
What are you waiting for?
If you cannot answer this without resorting to the previously rejected concept of good
timing, the answer is simple. You're afraid. Just like the rest of the world.
Measure the cost of inaction.
Realize the unlikelihood and repairability of most missteps,
and develop the most important habit of those who excel and enjoy doing so.
Action.
so. Action. 4. System Reset. Being Unreasonable and Unambiguous.
Would you tell me, please, which way ought to go from here?"
"'That depends a good deal on where you want to get to,' said the
cat.
"'I don't much care where,' said Alice.
"'Then it doesn't matter which way you go,' said the cat.
Lewis Carroll, Alice in Wonderland.
"'The reasonable man adapts himself to the world.
The unreasonable one persists in trying to adapt the world to himself.
Therefore all progress depends on the unreasonable man. George Bernard Shaw, Maxims for Revolutionists.
Spring 2005, Princeton, New Jersey.
I had to bribe them.
What other choice did I have?
They formed a circle around me and while the names differed, the question was one and the
same.
What's the challenge?
All eyes were on me.
My lecture at Princeton University had just ended with excitement and enthusiasm.
At the same time, I knew that most students would go out and promptly do the opposite
of what I preached.
Most of them would be putting in eighty-hour weeks as high-paid coffee fetches unless I
showed that the principles
from class could actually be applied.
Hence the challenge.
I was offering a round-trip ticket anywhere in the world to anyone who could complete
an undefined challenge in the most impressive fashion possible.
Results plus style.
I told them to meet me after class if
interested and here they were nearly 20 out of 60 students. The task was designed
to test their comfort zones while forcing them to use some of the tactics
I teach. It was simplicity itself. Contact three seemingly impossible to
reach people. JLo, Bill Clinton, J.D. Salinger,
I don't care, and get at least one to reply to three questions.
Of 20 students all frothing at the mouth to win a free spin across the globe, how many
completed the challenge?
Exactly none.
Not a one.
There were many excuses.
It's not that easy to get someone to—I have a big paper due and—I would love to,
but there's no way I can—
There was but one real reason, however, repeated over and over again in different words.
It was a difficult challenge, perhaps impossible, and the other students would outdo them.
Since all of them overestimated the competition, no one even showed up.
According to the rules I had set, if someone had sent me no more than an illegible one-paragraph
response I would have been obligated to give them the prize.
This result both fascinated and depressed me. The following year the outcome was quite different.
I told the above cautionary tale and six out of 17 finished the challenge in less than 48 hours.
Was the second class better?
No. In fact, there were more capable students in the first class, but they did nothing.
Firepower up the wazoo and no trigger finger.
The second group just embraced what I told them before they started, which was...
Doing the unrealistic is easier than doing the realistic.
From contacting billionaires to rubbing elbows with celebrities, the second group of students
did both.
It's as easy as believing it can be done.
It's lonely at the top.
99% of people in the world are convinced they are incapable of achieving great things, so
they aim for the mediocre.
The level of competition is thus fiercest for realistic goals, paradoxically making them
the most time and energy consuming.
It is easier to raise one million dollars than it is one hundred thousand dollars.
It is easier to pick up the one perfect ten in the bar than the five eights.
If you are insecure, guess what?
The rest of the world is too. Do not overestimate the competition and underestimate yourself.
You are better than you think.
Unreasonable and unrealistic goals are easier to achieve for yet another reason.
Having an unusually large goal is an adrenaline infusion that provides the endurance to overcome
the inevitable trials and tribulations that go along with any goal.
Realistic goals, goals
restricted to the average ambition level, are uninspiring and will only fuel you through the first or second problem, at which points
you throw in the towel. If the potential payoff is mediocre or average,
so is your effort.
I'll run through walls to get a catamaran trip through the Greek Islands, The potential payoff is mediocre or average. So is your effort.
I'll run through walls to get a catamaran trip through the Greek islands, but I might
not change my brand of cereal for a weekend trip through Columbus, Ohio.
If I choose the latter because it is realistic, I won't have the enthusiasm to jump even
the smallest hurdle to accomplish it.
With beautiful, crystal-clear Greek waters and delicious wine on the brain, I'm prepared
to do battle for a dream that is worth dreaming.
Even though their difficulty of achievement on a scale of one to ten appears to be a ten
and a two respectively, Columbus is more likely to fall through.
The fishing is best where the fewest go,
and the collective insecurity of the world makes it easy for people to hit home runs
while everyone else is aiming for base hits.
There's just less competition for bigger goals.
Doing big things begins with asking for them properly.
What do you want?
A better question, first of all. Most people will
never know what they want. I don't know what I want. If you ask me what I want to
do in the next five months for language learning, on the other hand, I do know.
It's a matter of specificity. What do you want is too imprecise to produce a
meaningful and actionable answer.
Forget about it.
What are your goals is similarly fated for confusion and guesswork.
To rephrase the question, we need to take a step back and look at the bigger picture.
Let's assume we have ten goals and we achieve them.
What is the desired outcome that makes all the effort worthwhile? The most common response is what I also would have suggested five
years ago. Happiness. I no longer believe this is a good answer.
Happiness can be bought with a bottle of wine and has become ambiguous through
overuse. There is a more precise alternative that reflects what I believe
the actual objective is.
Bear with me. What is the opposite of happiness? Sadness? No. Just as love and hate are two sides
of the same coin, so are happiness and sadness. Crying out of happiness is a perfect illustration
of this. The opposite of love is indifference, and the opposite of happiness is, here's the clincher,
boredom. Excitement is the more practical synonym for happiness, and it is precisely
what you should strive to chase. It is the cure-all. When people suggest you follow your passion
or your bliss, I propose that they are in fact referring
to the same singular concept. Excitement. This brings us full circle. The question you
should be asking isn't, what do I want or what are my goals, but what would excite me?
Adult Onset ADD. Adventure Deficit Disorder
Somewhere between college graduation and your second job,
a chorus enters your internal dialogue. Be realistic and stop pretending.
Life isn't like the movies. If you're five years old and say you want to be an
astronaut, your parents tell you that you can be anything you want to be
It's harmless like telling a child that Santa Claus exists
If you're 25 and announce you want to start a new circus the response is different
Be realistic become a lawyer or an accountant or a doctor have babies and raise them to repeat the cycle.
If you do manage to ignore the doubters and start your own business, for example,
ADD doesn't disappear, it just takes a different form.
When I started BrainQuicken LLC in 2001, it was with a clear goal in mind, make $1,000 per day
whether I was banging my head
on a laptop or cutting my toenails on the beach.
It was to be an automated source of cash flow.
If you look at my chronology, it is obvious that this didn't happen until a meltdown forced
it despite the requisite income.
Why?
The goal wasn't specific enough.
I hadn't defined alternate activities that would replace the initial workload.
Therefore I just continued working.
Even though there was no financial need.
I needed to feel productive and had no other vehicles.
This is how most people work until death.
I'll just work until I have X dollars and then do what I want.
If you don't define the what I want alternate activities, the X figure will increase indefinitely
to avoid the fear-inducing uncertainty of this void.
This is when both employees and entrepreneurs become fat men in red BMWs.
The Fat Man in the Red BMW Convertible
There have been several points in my life, among them just before I was fired from True
San and just before I escaped the U.S. to avoid taking an Uzi into McDonald's, at which
I saw my future as another fat man in a midlife crisis BMW.
I simply looked at those who were 15 to twenty years ahead of me on the same track,
whether a director of sales or an entrepreneur in the same industry, and it scared the hell
out of me.
It was such an acute phobia and such a perfect metaphor for the sum of all fears that it
became a pattern interrupt between myself and fellow lifestyle designer
and entrepreneur Douglas Price.
Doug and I traveled parallel paths for nearly five years, facing the same challenges and
self-doubt and thus keeping a close psychological eye on each other.
Our down periods seemed to alternate, making us a good team. Whenever one of us began to set
our sights lower, lose faith, or accept reality, the other would chime in via
phone or email like an AA sponsor. Dude, are you turning into the bald fat man in
the red BMW convertible? The prospect was terrifying enough that we always got our
asses and priorities back on track immediately.
The worst that could happen wasn't crashing and burning, it was accepting terminal boredom
as a tolerable status quo.
Remember, boredom is the enemy, not some abstract failure.
Correcting Course Get Unrealistic
There is a process that I have used, and still use, to reignite life or correct course when
the fat man in the BMW rears his ugly head.
In some form or another, it is the same process used by the most impressive N.R. I have met
around the world.
Dreamlining Dreamlining is so named
because it applies timelines to what most would consider dreams. It is much like goal setting,
but differs in several fundamental respects. One, the goals shift from ambiguous wants to defined steps. Two, the goals have to be unrealistic
to be effective. Three, it focuses on activities that will fill the vacuum
created when work is removed. Living like a millionaire requires doing
interesting things and not just owning enviable things.
Now it's your turn to think big.
How to get George Bush Sr. or the CEO of Google on the phone.
The article below, titled Fail Better and written by Adam Gottsfeld, explores how I
teach Princeton students to connect with luminary- level business mentors and celebrities of various types.
I've edited it for length in a few places.
People are fond of using the it's not what you know,
it's who you know adage as an excuse for inaction as if all successful people are born with powerful friends.
Nonsense. Here's how normal people build supernormal networks.
Fail Better by Adam Gottsfeld.
Most Princeton students love to procrastinate
in writing their dean's date term papers.
Ryan Maronin, 07, from Los Angeles was no exception.
But while the majority of undergraduates fill their time by updating their Facebook profiles
or watching videos on YouTube, Maranen was discussing Soto Zen Buddhism via email with
Randy Komisar, a partner at the venture capital firm Kleiner Perkins Caulfield and Byers,
and asking Google CEO Eric Schmidt via email when he had been happiest in his
life.
Schmidt's answer?
Tomorrow.
Prior to his email, Maronan had never contacted Komisar.
He had met Schmidt, a Princeton University trustee, only briefly, at an academic affairs
meeting of the trustees in November.
A self-described naturally shy kid, Maranen said he would never have dared to randomly
email two of the most powerful men in Silicon Valley if it weren't for Tim Ferriss, who
offered a guest lecture in Professor Ed Zhao's high-tech entrepreneurship class.
Ferriss challenged Maranen and his fellow seniors to contact high-profile celebrities
and CEOs and get their answers to questions they have always wanted to ask.
For extra incentive, Ferris promised the student who could contact the most hard-to-reach name
and ask the most intriguing question a round-trip plane ticket anywhere in the world.
I believe that success can be measured in the number of uncomfortable conversations you're willing to have.
I felt that if I could help students overcome the fear of rejection with cold calling and
cold email, it would serve them forever," Ferris said.
It's easy to sell yourself short, but when you see classmates getting responses from
people like former President George Bush, the CEOs of Disney, Comcast, Google and HP, and dozens of other
impossible-to-reach people, it forces you to reconsider your self-set limitations.
Ferris lectures to the students of high-tech entrepreneurship each semester about creating
a startup and designing the ideal lifestyle. I participate in this contest every day,' said Ferris.
"'I do what I always do.
Find a personal email, if possible, often through their little-known personal blogs,
send a two-to-three-paragraph email which explains that I am familiar with their work,
and ask one simple-to-answer but thought-provoking question in that email related to their work
or life philosophies.
The goal is to start a dialogue so they take the time to answer future emails, not to ask
for help.
That can only come after at least three or four genuine email exchanges.
With textbook execution of the Tim Ferriss technique, as he put it, Maronin was able
to strike up a bond with Komissar.
In his initial email, he talked about reading one of Komissar's
Harvard Business Review articles and feeling inspired to ask him,
When were you happiest in your life?
After Komissar replied with references to Tibetan Buddhism, Maranen responded,
Just as words are inadequate to explain true happiness,
so too are words inadequate to express my thanks.
His email included his personal translation of a French poem
by Taisen Deshimaru, the former European head of Soto Zen.
An email relationship was formed,
and Komisar even emailed Maranann a few days later
with a link to a New york times article on happiness
Contacting Schmidt proved more challenging
For marinan the toughest part was getting schmidt's personal email address
He emailed a princeton dean asking for it. No response two weeks later. He emailed the same dean again
Defending his request by reminding her that
he had previously met Schmidt.
The dean said no, but Maronan refused to give up.
He emailed her a third time.
"'Have you ever made an exception?' he asked.
The dean finally gave in, he said, and provided him with Schmidt's email.
"'I know some of my classmates pursue the alternative scattershot technique with some success, but
that's not my bag," Maronan said, explaining his perseverance.
I deal with rejection by persisting, not by taking my business elsewhere.
My maxim comes from Samuel Beckett, a personal hero of mine.
Ever tried, ever failed, no matter.
Try again, fail again,
fail better.
You won't believe what you can accomplish by attempting the impossible with the courage
to repeatedly fail better.
Nathan Kaplan, another participant in the contest, was most proud of the way that he
was able to contact former Newark Mayor Sharp James.
Because James had made a campaign contribution to Al Sharpton,
the website Fundrace.org listed James's home address.
Kaplan then input James's address into an online search by address phone directory,
through which he received the former mayor's phone number.
Kaplan left a message for James,
and a few days later finally got to ask him about childhood education.
Ferris is proud of the effort students have put into his contest.
Most people can do absolutely awe-inspiring things, he says. Sometimes they just need a little nudge.
Q&A. Questions and Actions.
The existential vacuum manifests itself mainly in a state of boredom.
Victor Frankl, Auschwitz survivor and founder of Logotherapy, Man's Search for Meaning.
Life is too short to be small.
Benjamin Disraeli. Dreamlining will be fun. And it to be small. —Benjamin Disraeli
Dreamlining will be fun.
And it will be hard.
The harder it is, the more you need it.
To save time, I recommend using the automatic calculators and forms at 4hourblog.com.
1.
What would you do if there were no way you could fail, if you were ten times smarter
than the rest of the world?
Create two timelines, six months and twelve months, and list up to five things you dream
of having, including but not limited to material wants, house, car, clothing, etc. Being, be a great cook, be fluent in Chinese,
etc. and doing, visiting Thailand, tracing your roots overseas, racing ostriches, etc.
in that order. If you have difficulty identifying what you
want in some categories, as most will, consider what you hate or fear in each and write down the
opposite. Do not limit yourself and do not concern yourself with how these things will be accomplished.
For now, it's unimportant. This is an exercise in reversing repression. Be sure not to judge
or fool yourself. If you really want a Ferrari, don't put down solving world hunger out of guilt.
For some, the dream will be fame.
For others, fortune or prestige.
All people have their vices and insecurities.
If something will improve your feeling of self-worth, put it down.
I have a racing motorcycle, and quite apart from the fact that I love speed, it just makes
me feel like a cool dude. There's nothing wrong with that. I have a racing motorcycle, and quite apart from the fact that I love speed, it just makes
me feel like a cool dude.
There's nothing wrong with that.
Put it all down."
2.
Drawing a blank?
For all their bitching about what's holding them back, most people have a lot of trouble
coming up with the defined dreams they're being held from.
This is particularly true with the doing category.
In that case, consider these questions.
A. What would you do day to day if you had $100 million in the bank?
B. What would make you most excited to wake up in the morning to another day?
Don't rush.
Think about it for a few minutes.
If still blocked, fill in the five doing spots with the following.
One place to visit. One thing to do before you die. A memory of
a lifetime. One thing to do daily. One thing to do weekly.
One thing you've always wanted to learn.
3. What does being entail doing? Convert each being into a doing to make it actionable.
Identify an action that would characterize this state of being or a task that would mean
you had achieved it. People find it easier to brainstorm being first,
but this column is just a temporary holding spot for doing actions. Here are a few examples.
Great cook goes into make Christmas dinner without help. Fluent in Chinese goes into have a
five-minute conversation with a Chinese co-worker. 4.
What are the four dreams that would change it all?
Using the 6-month timeline, star or otherwise highlight the four most exciting and or important
dreams from all columns.
Repeat the process with the 12-month timeline if desired.
5.
Determine the cost of these dreams and calculate your target monthly income, TMI, for both
timelines.
If financeable, what is the cost per month for each of the four dreams?
Rent, mortgage, payment plan, installments, etc.
Start thinking of income and expense in terms of monthly cash flow, dollars in
and dollars out, instead of grand totals. Things often cost much, much less than expected.
For example, a Lamborghini Gallardo Spider, fresh off the showroom floor at $260,000,
can be had for $2,897.80 per month.
I found my personal favorite, an Aston Martin DB9 with 1,000 miles on it, through eBay for
$136,000.
$2,003.10 per month.
How about a round the world trip?
Los Angeles to Tokyo to Singapore to Bangkok to Delhi or Bombay to London to Frankfurt
to Los Angeles for $1,399.
For some of these costs, the tools and tricks at the end of Chapter 14 will help.
Last, calculate your target monthly income T TMI, for realizing these dream lines.
This is how to do it.
First, total each of the columns A, B, and C, counting only the four selected dreams.
Some of these column totals could be zero, which is fine.
Next, add your total monthly expenses times 1.3. The 1.3 represents your expenses plus a 30% buffer for safety
or savings. This grand total is your TMI and the target to keep in mind for the rest of
the audiobook. I like to further divide this TMI by 30 to get my TDI, target daily income.
I find it easier to work with a daily goal. Online calculators
on our companion site do all the work for you and make this step a cinch.
Chances are that the figure is lower than expected, and it often decreases over time
as you trade more and more having for once-in-a-lifetime doing. Mobility encourages this trend.
Even if the total is intimidating, don't fret in the least.
I have helped students get to more than $10,000 per month
in extra income within three months.
Dreamline math, another good option.
There could be a different way of handling monthly
and one-time goals.
I'll use your example of an Aston Martin's monthly payment, a personal assistance monthly
payment and a trip to the Croatian coast.
While the first two should certainly be totaled and included in your target monthly income,
the trip is something that should be divided by the number of months between now and the
dreamline's total time.
Thus, if you had a 6-month dreamline, Aston Martin equals 2,003 per month, Personal Assistant
equals 400 per month, Croatian Trip equals 934 2003 plus 400 plus 934 times 1.3 monthly
expenses equals target monthly income or TMI.
But I think it should be 2003 plus 400 plus 934 divided by 6 times 1.3 monthly expenses equals TMI, or, more generally, monthly goals
plus one-time goals divided by total months times 1.3 monthly expenses equals TMI.
Jared, President, SCT Consulting.
6.
Determine three steps for each of the four dreams in just the six-month timeline and
take the first step now.
I'm not a big believer in long-term planning and far-off goals.
In fact, I generally set three-month and six-month dreamlines.
The variables change too much, and in-the-f the future distance becomes an excuse for postponing action
The objective of this exercise isn't therefore to outline every step from start to finish
But to define the end goal the required vehicle to achieve them
Tmi tdi and build momentum with critical first steps from that point
TDI, and build momentum with critical first steps. From that point, it's a matter of freeing time and generating the TMI, which the following chapters cover.
First, let's focus on those critical first steps. Define three steps for each dream that
will get you closer to its actualization. Set actions. Simple, well-defined actions. For now, tomorrow, complete before 11 a.m. and the day after.
Again, completed before 11 a.m.
Once you have three steps for each of the four goals, complete the three actions in the Now column. Do it now.
Each should be simple enough to do in five minutes or less. If not, ratchet it down.
If it's the middle of the night and you can't call someone, do something else now, such
as send an email, and set the call for first thing tomorrow.
If the next stage is some form of research, get in touch with someone who knows the answer
instead of spending too much time in books or online,
which can turn into paralysis by analysis. The best first step, the one I recommend,
is finding someone who's done it and ask for advice on how to do the same. It's not hard.
Other options include setting a meeting or phone call with a trainer, mentor,
or salesperson to build momentum.
Can you schedule a private class or a commitment that you'll feel bad about cancelling?
Use guilt to your advantage.
Tomorrow becomes never.
No matter how small the task, take the first step now.
Comfort Challenge
The most important actions are never comfortable.
Fortunately it is possible to condition yourself to discomfort and overcome it.
I've trained myself to propose solutions instead of ask for them, to elicit desired
responses instead of react, and to be assertive without burning bridges. To have an uncommon lifestyle, you need to develop the uncommon habit of making decisions,
both for yourself and for others.
From this chapter forward, I'll take you through progressively more uncomfortable exercises,
simple and small.
Some of the exercises will appear deceptively easy and even irrelevant, such as the next, until you try them.
Look at it as a game and expect some butterflies and sweat, that's the whole point.
For most of these exercises, the duration is two days.
Mark the exercise of the day on your calendar so you don't forget, and don't attempt more than one comfort challenge at a time.
Remember, there is a direct correlation between an increased sphere of comfort and getting
what you want.
Here we go.
Learn to eye gaze.
Two days.
My friend Michael Ellsberg invented a singles event called eye gazing.
It is similar to speed dating but different in one fundamental respect.
No speaking is permitted.
It involves gazing into the eyes of each partner for three minutes at a time.
If you go to such an event, it becomes clear how uncomfortable most people are doing this.
For the next two days, practice gazing
into the eyes of others, whether people you pass on the street or conversational
partners, until they break contact. Hints. One. Focus on one eye and be sure to
blink occasionally so you don't look like a psychopath or get your ass kicked.
Two. In conversation, maintain eye contact
when you are speaking.
It's easy to do while listening.
Three, practice with people bigger or more confident than yourself.
If a passerby asks you what the hell you're staring at,
just smile and respond.
Sorry about that, I thought you were an old friend of mine.
Hey guys, this is Tim again.
Just one more thing before you take off, and that is Five Bullet Friday. I thought you were an old friend of mine. Friday. Easy to sign up easy to cancel. It is basically a half page that I send out every Friday to share the coolest
things I've found or discovered or have started exploring over
that week. It's kind of like my diary of cool things. It often
includes articles I'm reading books I'm reading albums,
perhaps gadgets, gizmos, all sorts of tech tricks and so on
that get sent to me by my friends, including a lot of
podcasts, guests, and these strange esoteric things end up in my field and then I test them and then
I share them with you.
So if that sounds fun, again, it's very short, a little tiny bite of goodness before you
head off for the weekend, something to think about.
If you'd like to try it out, just go to tim.blogslashfriday, type that into your browser, tim.blogslashfriday,
drop in your email and you'll get the very next one.
Thanks for listening.
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