I just finished reading this book by Timothy Ferriss so of course I needed to write down my thoughts and comments. This is a quick and enjoyable read and you definitely owe it to yourself to pick up a copy.

The premise of the book is to develop what Ferriss calls a “muse” — a product or service which can be automated to generate a continual passive income and deliver you from the bondage of the rat race. The text is laced with funny anecdotes and insightful quotes but really delivers on information related to negotiation, marketing, outsourcing and product development. Once you tackle the chore of developing your muse, Tim guides you through building your “deferred-life plan” and joining the ranks of the New Rich through world travel and plotting amazing experiences.
One of the most important tips I’m taking away from the book is how to most effectively manage communication. Tim advises checking email only twice daily (at 11am and 4pm) when starting out. Already I’ve felt the effects of this and other tactics to eliminate interruptions.
Mr. Ferriss also drops several exercises at the end of chapters to help you develop personal skills and break out of your social conditioning. My favorite is the challenge to simply lay down in a public place. That sounds crazy, and I haven’t tried this yet admittedly, but the goal is to shake you out of your comfort zone and get yourself used to doing things that break the mold.
It’s just amazing how much information is packed into this little gem, but perhaps more amazing is how wise and accomplished the author is at such a young age. This is definitely one cat I need to meet.
Tags: book reports, books, business, productivity, self-help, timothy ferriss, travel
I find the ideas in this book not good. Business people should create value.
Reply
rboyd Reply:
May 8th, 2009 at 2:14 am
I think Tim would agree with you. I don’t think Tim’s approach to lifestyle design precludes that notion. Even if a good amount of the work in rolling out a product or service is eventually outsourced, there is value in delivering something new to the market that didn’t exist before. Any successful business will need to scale and hire employees — Tim’s ideas just plan for automating, outsourcing and streamlining from square one.
Reply