Quote: (01-14-2011 05:16 PM)oldnemesis Wrote:
Quote: (01-14-2011 02:43 PM)gringoed Wrote:
-Yes, Tim recommends a couple firms that were small at the time. 4HWW became a #1 bestseller so these companies were inundated with requests.
Do you know this as a fact? Or you're just speculating it happened that way? No pun intended, just want to make it clear whether it is a fact or a speculation.
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I found my own part-time VA from the Phillippines on my own and am 100% happy.
Could you provide more metrics, like what kind of job you outsource, how often screwups happen, how much you need to fix after them? "100% happy" is a valid metric for you, but not for example for me, as I don't know what it means for you.
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Among many other things, one thought that really stuck with me from 4HWW was that wealth = time x money. Once that resonated, that one concept compelled me to tweak my real estate business in order for me to make solid money every month while working very little and being able to live anywhere.
Now let's be honest - is it really "anywhere"? Could you live in an expensive destination like Switzerland for years? When I went through 4HWW it looked like most destinations Tim claimed to stay for long time were quite cheap.
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Tim Ferriss doesnt do real estate, so very little of the info could be directly applied, so I found my own solutions. Instead of looking for drop-shippers as is recommended in 4HWW, I was looking for people that could go to rent court for me as an example.
Hmm. Did I understand it correctly that basically you got a bunch of rental properties, and hired a property management company to rent and take care it for you??? I'm asking because I can't believe someone needs to read a book to come to this kind of "solution" (I know a lot of people who live off rental income in Russia, and I'm sure they have never heard of Tim Ferris and his books). So it must be something else. What is it?
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If you want more examples, just look outside this forum. Read comments on his blog posts and the links to people's muses. Read the case studies from 4HWW extended edition. Listen to the "Lifestyle Business Podcast." Read his amazon reviews.
Then consider that you're dealing with a great marketer and self-promoter, who actually advises to hire other people to advertise your product by posting good reviews in relevant blogs, forums and retailers. Look more careful and you'll see that a lot of those comments either lead nowhere (very vague in terms of what the poster actually is doing), or could have been achieved without 4HWW at all if the person did even basic due diligence. Look on those reviews, and you'll see that quite some of 5-star reviews are done by people who only had one review for that specific book, and they're similar to blog posts in terms of vagueness.
Even if it is not vague, there is still room to play the facts. Personally I could be such a a good example - I have negotiated remote employment five years ago since moving to States, and have been working from home since that, making some really good money. Those are facts I can prove, so if I claim I did it after reading 4HWW, this would immediately make me an "example" like you mentioned. But of course it had nothing to do with 4hww. More, I've omitted here an important fact which, if revealed, would make it significantly less appealing to general population as example. The fact is that I've got some very unique experience, and people with those skills are extremely hard to find on job market. This, of course, is not really the case with most 4HWW readers. And I believe most of his examples are like that.
Oldnemesis: You really seem to have an anti Tim Ferriss agenda, which is quite silly because he's just an author and not a politician or somebody that has any kind of control over your life. You still have a choice whether to read his books or not, whether to pay for them or not (library), and whether to heed his advice or not. I've read dozens if not hundreds of books that were crappy and stupid but if I don't like them I don't become a hater, I just forget about them and go on to new books that work for me.
"Do you know this as a fact? Or you're just speculating it happened that way? No pun intended, just want to make it clear whether it is a fact or a speculation."
-This is what the VA companies told me when I called them in 2007, and Tim confirmed it in a blog comment. I dont really understand your point here, are you saying that VA's don't exist for regular people? You know they do, so why are you fretting?
"Could you provide more metrics, like what kind of job you outsource, how often screwups happen, how much you need to fix after them? "100% happy" is a valid metric for you, but not for example for me, as I don't know what it means for you."
-I've personally outsourced cold-calling and data input with zero problems. I paid $5/hr where I would have paid $12/hr or so for the same labor locally. Tim (and Ramit Sethi I think) have written about how to properly deal with VA's to avoid problems, namely miscommunications. I followed them. There are many other people who have used VA's for other purposes. Listen to the Lifestyle Business Podcast.
Tim's point in the book is to TRY it because at the very least it's cool and inexpensive. Give it shot and report back. If you've spent $50 and aren't happy, drop it. It's supposed to be fun.
"Now let's be honest - is it really "anywhere"? Could you live in an expensive destination like Switzerland for years? When I went through 4HWW it looked like most destinations Tim claimed to stay for long time were quite cheap."
-Anywhere. Geoarbitrage is a beautiful thing though. Upgrade your lifestyle AND spend less. FYI Tim has also spent lots of time in Germany and Japan before he wrote 4HWW.
"Hmm. Did I understand it correctly that basically you got a bunch of rental properties, and hired a property management company to rent and take care it for you??? I'm asking because I can't believe someone needs to read a book to come to this kind of "solution" (I know a lot of people who live off rental income in Russia, and I'm sure they have never heard of Tim Ferris and his books). So it must be something else. What is it?"
-You missed the point. The book shifted my priorities towards valuing time more. It did not give me any specific solutions.
"Then consider that you're dealing with a great marketer and self-promoter, who actually advises to hire other people to advertise your product by posting good reviews in relevant blogs, forums and retailers. Look more careful and you'll see that a lot of those comments either lead nowhere (very vague in terms of what the poster actually is doing), or could have been achieved without 4HWW at all if the person did even basic due diligence. Look on those reviews, and you'll see that quite some of 5-star reviews are done by people who only had one review for that specific book, and they're similar to blog posts in terms of vagueness.
Even if it is not vague, there is still room to play the facts. Personally I could be such a a good example - I have negotiated remote employment five years ago since moving to States, and have been working from home since that, making some really good money. Those are facts I can prove, so if I claim I did it after reading 4HWW, this would immediately make me an "example" like you mentioned. But of course it had nothing to do with 4hww. More, I've omitted here an important fact which, if revealed, would make it significantly less appealing to general population as example. The fact is that I've got some very unique experience, and people with those skills are extremely hard to find on job market. This, of course, is not really the case with most 4HWW readers. And I believe most of his examples are like that."
-Right. I guess there's no real case studies out there then. BTW Tim Ferriss is paying me $10/hr to defend him on this forum. Busted!
"And how could you burn only 107 calories on Stairmaster in an hour? I do 15 minute sessions on level 8 (max is 15) and it shows 170 calories. Even if the display is 20% inaccurate, it is still at least 140 calories in 15 minutes only, making it 600 in an hour."
-Do you know this as a fact? Or you're just speculating it happened that way? No pun intended, just want to make it clear whether it is a fact or a speculation.