Escape 9-5, Live Anywhere, and Join the New Rich – Timothy Ferriss

Do you have a dream to live without worrying about your boring job, having plenty of money to travel worldwide, do whatever you want to do and enjoy every bit of your life without any kind of stress, then this book provides a new pathway for freedom from 9-5 Work Life. Welcome to the world of Tim Ferris where the author claims he has achieved 4-Hour Workweek living his dream life and doing whatever he wants.

Tim achieved a lot of his achievements in life in multiple fields doing it his way.

The words of wisdom from this book are:

  • Life is neither a problem to be solved nor a game to be won.
  • What’s the worst that could happen? I encourage you to remember this.
  • Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it.
  • 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
  • Focus on better use of your best weapons instead of constant repair.
  • 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.
  • Uncertainty and 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.
  • What we fear doing most is usually what we most need to do.
  • Resolve to do one thing every day that you fear.
  • 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.
  • 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?”
  • ‘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.”
  • The existential vacuum manifests itself mainly in a state of boredom. —VIKTOR FRANKL, Auschwitz survivor and founder of Logotherapy, Man’s Search for Meaning
  • 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
  • Stay away from 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.
  • In the strictest sense, you shouldn’t be trying to do more in each day, trying to fill every second with a work fidget of some type. It took me a long time to figure this out.
  • Effectiveness is doing the things that get you closer to your goals. Efficiency is performing a given task (whether important or not) in the most economical manner possible. Being efficient without regard to effectiveness is the default mode of the universe.
  • Requiring a lot of time does not make a task important.
  • What you do is infinitely more important than how you do it.
  • Efficiency is still important, but it is useless unless applied to the right things.
  • 80% of the outputs result from 20% of the inputs.
  • 80% of the consequences flow from 20% of the causes. 80% of the results come from 20% of the effort and time. 80% of company profits come from 20% of the products and customers. 80% of all stock market gains are realized by 20% of the investors and 20% of an individual portfolio.
  • Which 20% of sources are causing 80% of my problems and unhappiness? Which 20% of sources are resulting in 80% of my desired outcomes and happiness?
  • Being busy is a form of laziness—lazy thinking and indiscriminate action. Being overwhelmed is often as unproductive as doing nothing, and is far more unpleasant. Being selective—doing less—is the path of the productive. Focus on the important few and ignore the rest.
  • Lack of time is actually lack of priorities.
  • Parkinson’s Law dictates that a task will swell in (perceived) importance and complexity in relation to the time allotted for its completion. It is the magic of the imminent deadline.
  • We create stress for ourselves because you feel like you have to do it. You have to. I don’t feel that anymore. —OPRAH WINFREY, actress and talk-show host, The Oprah Winfrey Show
  • (1) Define a to-do list and (2) define a not-to-do list.
  • Who are the 20% of people who produce 80% of your enjoyment and propel you forward, and which 20% cause 80% of your depression, anger, and second-guessing?
  • There should never be more than two mission-critical items to complete each day. Never. It just isn’t necessary if they’re actually high-impact. If you are stuck trying to decide between multiple items that all seem crucial, as happens to all of us, look at each in turn and ask yourself, If this is the only thing I accomplish today, will I be satisfied with my day?
  • Look at your to-do list—what has been sitting on it the longest? Each time you are interrupted or change tasks, ask, “Could a VA do this?” Examine pain points—what causes you the most frustration and boredom?
  • Identify your top five time-consuming non-work tasks and five personal tasks you could assign for sheer fun.
  • Keep in sync: scheduling and calendars.
  • There are two types of mistakes: mistakes of ambition and mistakes of sloth.
  • If you can’t define it or act upon it, forget it.
  • What man actually needs is not a tensionless state but rather the striving and struggling for a worthwhile goal, a freely chosen task.
  • I believe that life exists to be enjoyed and that the most important thing is to feel good about yourself.
  • Two components that are fundamental: continual learning and service.
  • Service to me is simple: doing something that improves life besides your own.
  • Whenever upset or anxious, ask “why” at least three times and put the answers down on paper. Describing these doubts in writing reduces their impact twofold. First, it’s often the ambiguous nature of self-doubt that hurts most.
  • The following questions will help:
    What are you good at? What could you be the best at? What makes you happy? What excites you? What makes you feel accomplished and good about yourself?
  • What are you most proud of having accomplished in your life? Can you repeat this or further develop it? What do you enjoy sharing or experiencing with other people?

To summarize why Tim Ferris has written this book is his belief:

If you cannot find meaning in your life, it is your responsibility as a human being to create it, whether that is fulfilling dreams or finding work that gives you purpose and self-worth—ideally a combination of both.

I definitely recommend reading this book but however I think one cannot implement it 100% . I think one can definitely use some of the techniques to improve one’s work-life balance. Enjoy Reading.