In this podcast, John Bush introduces the concepts present in Tim Ferriss' best-selling book, The Four Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich. While explaining the basics, John shares how he is applying the Four Hour Work Week in his personal life with his business, Brave New Books.
In the book, Ferriss shares how readers can become part of the ever-growing, "New Rich", or those people who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the NR, time and mobility. The book covers four different steps towards becoming part of the "New Rich".
I. Definition - thinking outside the box and defining your dreams and nightmares
II. Elimination - use the Pareto and Parkinson's principles to eliminate unnecessary tasks and increase effectiveness
III. Automation - outsource your life by using virtual assistants and creating automated systems to run your business
IV. Liberation - enjoy an exciting and fulfilling life by embarking on mini-retirements where you live like a millionaire even if you don't have millions
Enjoy John's elucidating and humorous exploration of this meaningful and inspirational book.
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