The 4-Hour Workweek Expanded And Updated Book Notes

The 4-Hour Workweek Expanded And Updated by Tim Ferriss

Chapter 7

The worst case scenarios is usually not that bad and the best case scenario will usually have a more positive life impact than we think … so we should not let fear prevent us from doing something.

“I’m an old man and have know a great many troubles but most of them never happened” - Mark Twain

Chp 7 @ 18 minutes

Write Down your answers

  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. Invision 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.  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? Chance 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 or external? What would the impact of these more likely outcomes be on a scale of 1 to 10. How likely is that you could produce at least a moderately good outcome? Have less intelligent people done this before and pulled it off.
  4. If you were fired from your job today, what would you do to get things under financial control. Imagine this scenario
  5. What are you putting off out of fear.

“Usually what we fear doing most is usually what we most need to do.”

“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.”

A person's success in life can usually be measure by the number of uncomfortable situations he or she is willing to have. Resolve to do one thing everyday that you fear.

  1. 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 1 year, 5 years, 10 years. How will you feel having allowed circumstance to impose itself upon you and having allowed 10 more years to pass doing what you know will not fulfil you?
  2. What are you waiting for? If you cannot answer this then the answer is simple. You are afraid, just like the rest of the world.

Chapter 8

“Do not overestimate the competition and underestimate yourself. You are better than you think.”

“Doing big things begins asking for them properly.”

When people suggest you should follow your passion or bliss what they are really saying is you should follow what excites you.

What is the opposite of happiness? … the opposite is actually BOREDOM. Excitement IS HAPPINESS and it is what you should chase.

“The question you should be asking isn’t, what do I want or what are my goals … but what will excite me?”

The fat man in the red BMW convertible story

Dreamlining is so named as it applies timelines to what one would consider dreams.

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“Focus on being productive not busy”

Chapter 10

Time Wasters

3. Empowerment Failures

        

3. Practice The Art of Non-Finishing

        “If you are reading an article that sucks, put it down and don’t pick it back up.”

Comfort Challenge: Get Phone numbers