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Possible competitor to 4 Hour Work Week?
05-26-2012, 08:39 AM
Interesting, considering that Tim Ferris, the author of the 4-hour work week, endorsed this book and its author in his own blog
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05-26-2012, 12:21 PM
Millionaire fastlane - MJ Demarco is by miles better than the 4HWW.... Better than anything else out there. The only problem with it, is the terminologies like "NECST" or "SUCS". Other
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05-26-2012, 05:06 PM
I read the guys first book - 'the art of non-conformity'
was OK, was mostly about how grad school is a complete waste of time and money...
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05-26-2012, 10:27 PM
Funny you post about this book Roosh as I just picked it up a few days and I'm going through it now (the $100 Startup by Chris Guillebeau). It's an enjoyable read. Once I'm done with it, I'll do a review of it.
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05-27-2012, 11:33 AM
This guy is a less well known version of Tim Ferris.. I know quite a few bloggers who used his guides to create an income
"Control of your words and emotions is the greatest predictor of success." -
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05-27-2012, 01:55 PM
I have ordered the book, but not received it yet. I plan on reading it, as soon is it arrives. So in a little while, I should be able to give a short review.
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05-27-2012, 02:29 PM
Anyone know if it is mostly about blogging/making money online? Or is it about other types of startups as well?
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05-27-2012, 02:48 PM
Quote: (05-27-2012 02:29 PM)RioNomad Wrote:
Anyone know if it is mostly about blogging/making money online? Or is it about other types of startups as well?
Is making a blog worth the effort when compared to a regular job?
I mean money-wise. I have the idea that it's very hard work blogging to generate a substantial primary income to live off. Anybody know about this? Am i right or wrong?
in this case substantial means at least 40 or 50k USD annually.
"Colt 45 and two zigzags, baby that's all we need" - Ronald Reagan
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05-28-2012, 05:42 PM
I actually just read this book last week. Much of the book is short case studies of individuals who have successfully started very small businesses of 1-5 employees with little money up front ($100-$5000). The author really encourages you to figure out your deepest passion (besides picking up lizards) and figure out how to turn it into a profitable business that will get your ass out of the soul sucking 9-5 corporate lifestyle and give you the freedom to travel and work on your own terms. The businesses he discusses are of this type: there is a snowboarder who makes $300k/yr by producing and selling snowboarding videos, a guy who makes $120k/yr off a reference book he published for complicated software that previously had no reference book, an architect/web designer who makes $100k/yr on his own, etc. etc. etc.
The book is good for inspiration, but a lot of these people happened to be in the right place at the right time so keep that in mind. And the logistical business tips he gives are very amateur and worthless. They made me laugh while I was reading. Check out "The Lean Startup" if you want to start learning the science of entrepreneurship. That book divulges a lot of technique that is taught in the Stanford entrepreneurship program which is one of the best.
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05-28-2012, 06:34 PM
His post on Ferris' blog was all fluff -- is the book any different? Seems like he's mostly focused on being a cheerleader for entrepreneurship rather than talking about tactics or strategies. The 4HWW has its share of cheerleading but also has concrete shit you can use and apply.
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05-28-2012, 08:43 PM
Well he is a publishing entrepreneur so he wrote this book to sell and make more money for himself, not for academic learning purposes. The title makes that obvious - it's very gimmicky. Most people enjoy reading stories of success but don't enjoy reading text book style methodical research, so he is catering to this larger audience of people who probably don't currently have any business experience. Most people who already have an MBA or a lot of business experience would find this book worthless. I enjoyed it because of the stories and I'm in a point in my life where I'm making bank at my corporate job but I'm bored with the lifestyle and it's nice to hear examples of how people got out of their 9-5.
If you are considering starting a business, search for academic work on product-market fit and start studying. We are in a fortunate time that pursuing product-market fit can be done with very little overhead due to technology. A profitable business model can be started with very little risk.
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05-28-2012, 09:51 PM
I have ordered the book and expecting it - but I have read 3 previous books by him. Since after reading the 4HWW i created 2 mini-businesses that take 1-2 hours per week to run and give me 5,000$ per month to fund my travelling - I am very open to ideas that can help me eihter fine-tune my businesses or create new ones .
Guys - for those of you who care...
1) This is DOABLE
2) This is NOT easy - you will fail a few times - I did too
3) This will be TIME-CONSUMING while you are building the businesses - especially finetuning procedures
4) Eventually - if you did your homework and chose a good idea - it will get MUCH easier
I used to have to work 4-6 hours per week until 2-3 months ago - as i said, now i am down to 90' to maybe 2 hours max.
get it started and do not give up
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05-29-2012, 08:29 AM
Just ordered the Lean Startup and Millionaire Fastlane after your recommendations here. Having reached half of the 100 startup, I tend to agree with the comments made here that it's pretty basic and covers only basic case studies without much applicable step by step but more a feel good type of thing. Can't wait to receive the 2 books I just ordered.
Thanks for the recommendations guys on the Lean Startup!
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05-29-2012, 10:30 AM
+1 for Lean Startup and Millionare Fastlane.
How to get rich by Felix Dennis is also a good read.
And Rework by 37signals, but non IT people might not find that as applicable.
Is there a thread about businessbooks? I read a lot of them and could recommend a long list of good books to people who are interested.
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Possible competitor to 4 Hour Work Week?
05-29-2012, 11:59 AM
A lot of people told me the 4HWW 'changed their life' but it seems more like something people just say because they heard other people say it. It might be a worthwhile read but every time I pick it up I put it back down again shortly after, it just doesn't hold my attention. Might check out some of the others recommended in this thread and see if they are more suited to me.