hey you this is going to be an animated book review of the book the four hour
work week by Tim Ferriss the first idea I'm gonna get into is relative income vs
absolute income so let's say there's a guy that makes $50,000 a year his own
salary he makes $50,000 a year and there's another guy he makes $100,000 a
year now an absolute income he is making twice as much money as the first night
however when we start looking into their specific positions we realize the first
guy is only working 10 hours a week that means he has tons of time to do other
stuff however the second guy is working 80 hours a week and this is he's putting
a lot of time into his job and when you compare you realize that that the
absolute income the second guys making is twice as much as the first game but
the relative income if you calculate it down to cost per hour is profit per hour
how much he's earning the first guy is earning way more and then let's say this
second game is stuck in a city he's stuck in an office job and can't leave
but their first guy he can he's free to move wherever he wants to he can move to
Canada he can move to Europe he can move to Australia he move anywhere in the
world and this lowers his cost of living he can live somewhere where the cost of
living is only $10,000 to whereas the second guy has lived in some place where
the cost of living is sixty thousand and that's more than half of his income you
realize that it's not necessarily what you mean but it's the availability of
stuff that you can buy to be rich is to have a lot of money to be wealthy as
they have a lot of time the second idea from this is something called the low
information diet I really like this idea
basically saying that you need to get into understanding that information you
consume needs to be effective in the initiation stuff like TV or Netflix to
syria says that a lot of this stuff is time-consuming negative relevant here
goes on outside of your influence and he says that if you take all the stuff that
you've watched or read in the last 24 hours he wants to challenge you to tell
him that it's not at least two of the four
and this is what the low information that is all about finding stuff to get
rid of that you don't need in your life anymore so cut out that extra hour of TV
in that morning thirty-minute magazine that you get nothing out of the 30 I
really like this book was out-sourcing tasks and their virtual systems online
you can pay them anywhere between four to ten dollars you can be even more
about getting pretty cheap per hour and he says that when you start taking stuff
in your life that is time consuming let's say you can work at a job where
you get a $20 an hour
well if there's something that you need to do like looking through data in
organizing it that's not something that's going to earn you $20 network
instead you should outsource it to it
a virtual assistant somewhere you can pay $10 an hour and that will profit you
$10 an hour plus you'll get that extra hour to do whatever else you want to do
and he actually takes so far as to sending his wife flowers they do stuff
like research they do stuff like finding a parking spot if you need one they came
induced of ordering garbage bins for your house in fact I plan on
transcribing this video to a virtual assistant so that they can do is
outrages and a lot of people need to start implementing it in their last to
become more efficient and effective in a lot of these tips go for entrepreneurs
in the west it that I really got for this really goes for employees and that
is removing yourself from the workplace he gives a few tips on how to kind of
sneak out of your job how to get out of the office more so tasks and most jobs
for example I work at a job and mostly what I was doing was it was a four hour
per day job and I can get everything done in an hour but I had to sit there
for the next three hours to act like I was working otherwise I wouldn't get
paid or and gets fired from the job in other words there's a lot of little
stuff that you kind of make look like a bigger project in there are tons of
drugs other than to say that you shouldn't you should try to get away
from your job so that way when you can save on commuting to you can have that
extra time to do what you want to do as opposed to making your time
in companies this way you can spend the first hour doing what you're supposed to
be doing but then you can spend the next three hours doing whatever you want to
do he says that you should ask your boss for maybe Friday are and show them that
you can work twice as hard on a Friday and Monday bring it in and he says the
next step is attacking Tuesday and Wednesday off in the region you take
2010 officer then doesn't look like you're sick or something doesn't look
like you're just trying to play off the weekend you got drunk or something over
the weekend he said Tuesday and Wednesday off and show your boss that
you can work from home using software like go to my PC and allows you to work
on your computer while at home and show them that you can work twice as hard
even three times is hard while you're away from the office without
distractions away this week was a really good read and I learned a lot of
interesting stuff from it I suggest you reading this book is probably gonna be
in my top 10 thanks for watching this video and I hope you learned something
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