www.fourhourblog.com)
The 4-Hour Workweek: Escape 9–5, Live Anywhere, and Join the New Rich - Expanded and Updated
- loc 149 · Action And Execution
economic downturns produce discounted infrastructure, outstanding freelancers at bargain prices, and rock-bottom advertising deals—all impossible when everyone is optimistic.
loc 188-189 · Execution Trumps IdeasGrads from top schools are funneled into high-income 80-hour-per-week jobs, and 15–30 years of soul-crushing work has been accepted as the default path.
loc 203-204 · Time Over MoneyWhenever you find yourself on the side of the majority, it is time to pause and reflect.
loc 206-207 · Embrace Your Authentic Selfjob descriptions as self-descriptions.
loc 237 · Action And ExecutionNew Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility.
loc 245-246 · Time Over MoneyPeople don’t want to be millionaires—they want to experience what they believe only millions can buy.
loc 260-261 · The Path To Wealth$1,000,000 in the bank isn’t the fantasy. The fantasy is the lifestyle of complete freedom it supposedly allows.
loc 263 · Time Over MoneyWhat is the pot of gold that justifies spending the best years of your life hoping for happiness in the last?
loc 274-275 · Time Over MoneyThe commonsense rules of the “real world” are a fragile collection of socially reinforced illusions.
loc 284 · Unconscious Mind's InfluenceReality is negotiable. Outside of science and law, all rules can be bent or broken, and it doesn’t require being unethical.
loc 295 · Challenging Assumptions And HabitsD for Definition turns misguided common sense upside down and introduces the rules and objectives of the new game.
loc 300-301 · Challenging Assumptions And HabitsReality is negotiable.
loc 308 · Challenging Assumptions And HabitsAn expert is a person who has made all the mistakes that can be made in a very narrow field.
loc 327-328 · Growth Mindset And Self-Belieffinding a market before designing a product is smarter than the reverse.
loc 374-375 · Execution Trumps IdeasReality is merely an illusion, albeit a very persistent one.
loc 413 · Growth Mindset And Self-BeliefReality is merely an illusion,albeit a very persistent one.
loc 426-427 · Growth Mindset And Self-BeliefD: To work for yourself. NR: To have others work for you.
loc 457-458 · Work And Financial IndependenceNR: To prevent work for work’s sake, and to do the minimum necessary for maximum effect
loc 459-460 · Prioritizing For ProductivityNR: To distribute recovery periods and adventures (mini-retirements) throughout life on a regular basis and recognize that inactivity is not the goal. Doing that which excites you is.
loc 461-463 · Time Over MoneyMoney is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it.
loc 462-464 · Time Over MoneyNR: To do all the things you want to do, and be all the things you want to be. If this includes some tools and gadgets, so be it, but they are either means to an end or bonuses, not the focus.
loc 464-466 · Intentional Technology UseOptions—the ability to choose—is real power.
loc 468 · The Power Of ChoiceNR: To make a ton of money with specific reasons and defined dreams to chase, timelines and steps included. What are you working for?
loc 469-471 · Work And Financial IndependenceNR: To have more quality and less clutter. To have huge financial reserves but recognize that most material wants are justifications for spending time on the things that don’t really matter, including buying things and preparing to buy things.
loc 472-474 · Time Over MoneyNR: To have freedom from doing that which you dislike, but also the freedom and resolve to pursue your dreams without reverting to work for work’s sake (W4W).
loc 479-481 · Work And Financial IndependenceThe first principle is that you must not fool yourself, and you are the easiest person to fool.
loc 484-485 · Humility And Self-DeceptionCivilization had too many rules for me, so I did my best to rewrite them.
loc 486-487 · Action And ExecutionThere are always lateral options.
loc 504-505 · The Power Of ChoiceOnce you say you’re going to settle for second, that’s what happens to you in life.
loc 506-507 · Winning MindsetEVERYTHING POPULAR IS WRONG
loc 545 · Humility And Self-DeceptionI can’t give you a surefire formula for success, but I can give you a formula for failure: try to please everybody all the time.
loc 545-546 · Growth Mindset And Self-BeliefBeating the Game, Not Playing the Game
loc 550 · Action And ExecutionSports evolve when sacred cows are killed, when basic assumptions are tested.
loc 575-576 · Challenging Assumptions And HabitsDifferent is better when it is more effective or more fun.
loc 580-581 · Challenging Assumptions And HabitsIf everyone is defining a problem or solving it one way and the results are subpar, this is the time to ask, What if I did the opposite?
loc 581-582 · Challenging Assumptions And Habits1. Retirement Is Worst-Case-Scenario Insurance.
loc 590 · Time Over MoneyRetirement as a goal or final redemption is flawed for at least three solid reasons: It is predicated on the assumption that you dislike what you are doing during the most physically capable years of your life. This is a nonstarter—nothing can justify that sacrifice. Most people will never be able to retire and maintain even a hotdogs-for-dinner standard of living. Even one million is chump change in a world where traditional retirement could span 30 years and inflation lowers your purchasing power 2–4% per year. The math doesn’t work.3The golden years become lower-middle-class life revisited. That’s a bittersweet ending. If the math does work, it means that you are one ambitious, hardworking machine. If that’s the case, guess what? One week into retirement, you’ll be so damn bored that you’ll want to stick bicycle spokes in your eyes. You’ll probably opt to look for a new job or start another company. Kinda defeats the purpose of waiting, doesn’t it?
loc 593-603 · Time Over Moneydon’t mistake retirement for the goal.
loc 604 · Time Over MoneyAlternating periods of activity and rest is necessary to survive, let alone thrive.
loc 609-610 · The Science Of SleepCapacity, interest, and mental endurance all wax and wane. Plan accordingly.
loc 610-611 · Deep Work PrinciplesBy working only when you are most effective, life is both more productive and more enjoyable.
loc 612-613 · Deep Work PrinciplesDoing less meaningless work, so that you can focus on things of greater personal importance, is NOT laziness. This is hard for most to accept, because our culture tends to reward personal sacrifice instead of personal productivity.
loc 616-617 · Prioritizing For ProductivityFew people choose to (or are able to) measure the results of their actions and thus measure their contribution in time.
loc 618 · Prioritizing For ProductivityFocus on being productive instead of busy.
loc 623 · Prioritizing For ProductivityConditions are never perfect. “Someday” is a disease that will take your dreams to the grave with you. Pro and con lists are just as bad. If it’s important to you and you want to do it “eventually,” just do it and correct course along the way.
loc 629-630 · The Power Of Choice5. Ask for Forgiveness, Not Permission.
loc 631 · Action And ExecutionIf it isn’t going to devastate those around you, try it and then justify it.
loc 632 · The Power Of ChoiceIf the potential damage is moderate or in any way reversible, don’t give people the chance to say no.
loc 633-634 · The Power Of ChoiceGet good at being a troublemaker and saying sorry when you really screw up.
loc 634-635 · Embrace Your Authentic SelfMost people are fast to stop you before you get started but hesitant to get in the way if you’re moving.
loc 634 · Winning MindsetIt is far more lucrative and fun to leverage your strengths instead of attempting to fix all the chinks in your armor.
loc 640 · The Power Of Consistent EffortThe choice is between multiplication of results using strengths or incremental improvement fixing weaknesses that will, at best, become mediocre. Focus on better use of your best weapons instead of constant repair.
loc 640-642 · The Power Of Consistent Effort7. Things in Excess Become Their Opposite.
loc 642-643 · Strategic Caution And BoldnessIn excess, most endeavors and possessions take on the characteristics of their opposite.
loc 643-644 · Happiness From Solving Problems8. Money Alone Is Not the Solution.
loc 649-650 · The Path To WealthBusy yourself with the routine of the money wheel, pretend it’s the fix-all, and you artfully create a constant distraction that prevents you from seeing just how pointless it is.
loc 656-657 · Time Over MoneyDeep down, you know it’s all an illusion, but with everyone participating in the same game of make-believe, it’s easy to forget.
loc 657-658 · Humility And Self-DeceptionThe problem is more than money.
loc 659 · The Path To WealthRelative income uses two variables: the dollar and time, usually hours.
loc 669 · Time Over MoneyThe New Rich are equally aggressive in removing distress and finding eustress.
loc 688 · Happiness From Solving ProblemsHow has being “realistic” or “responsible” kept you from the life you want?
loc 690-691 · The Power Of ChoiceHow has doing what you “should” resulted in subpar experiences or regret for not having done something else?
loc 692-693 · The Power Of ChoiceLook at what you’re currently doing and ask yourself, “What would happen if I did the opposite of the people around me? What will I sacrifice if I continue on this track for 5, 10, or 20 years?”
loc 693-695 · Embrace Your Authentic SelfMany a false step was made by standing still.
loc 703 · Strategic Caution And BoldnessNamed must your fear be before banish it you can.
loc 705 · Embracing Failure For SuccessIt’s not giving up to put your current path on indefinite pause.
loc 734-735 · The Power Of ChoiceAction may not always bring happiness, but there is no happiness without action.
loc 739-740 · Happiness From Solving ProblemsSet aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with course and rough dress, saying to yourself the while: “Is this the condition that I feared?”
loc 765-766 · The Power Of Perceptionfear of the unknown disguised as optimism.
loc 794 · Humility And Self-DeceptionTo enjoy life, you don’t need fancy nonsense, but you do need to control your time and realize that most things just aren’t as serious as you make them out to be.
loc 816-817 · Time Over MoneyI am an old man and have known a great many troubles, but most of them never happened.
loc 822-823 · Growth Mindset And Self-BeliefUsually, what we most fear doing is what we most need to do.
loc 842 · Embracing Failure For SuccessDefine the worst case, accept it, and do it.
loc 843 · Action And Executiona person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have.
loc 844-845 · Embracing Failure For SuccessWhat we fear doing most is usually what we most need to do.
loc 844 · Embracing Failure For SuccessResolve to do one thing every day that you fear.
loc 845-846 · Embracing Failure For Successif we define risk as “the likelihood of an irreversible negative outcome,” inaction is the greatest risk of all.
loc 851-852 · Intelligent Risk TakingWhat are you waiting for?
loc 853 · Action And ExecutionMeasure the cost of inaction, realize the unlikelihood and re-pairability of most missteps, and develop the most important habit of those who excel and enjoy doing so: action.
loc 854-855 · Embracing Failure For Success“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,” said the Cat. “I don’t much care where …” said Alice. “Then it doesn’t matter which way you go,” said the Cat. —LEWIS CARROLL, Alice in Wonderland
loc 863-868 · Growth Mindset And Self-BeliefThe reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.
loc 868-869 · Growth Mindset And Self-BeliefDoing the Unrealistic Is Easier Than Doing the Realistic
loc 893-894 · The Power Of Consistent EffortIt’s lonely at the top. Ninety-nine percent of people in the world are convinced they are incapable of achieving great things, so they aim for the mediocre. The level of competition is thus fiercest for “realistic” goals, paradoxically making them the most time-and energy-consuming.
loc 896-898 · Winning MindsetDo not overestimate the competition and underestimate yourself.
loc 900 · Winning MindsetHaving an unusually large goal is an adrenaline infusion that provides the endurance to overcome the inevitable trials and tribulations that go along with any goal.
loc 902-903 · Embrace The DiscomfortIf the potential payoff is mediocre or average, so is your effort.
loc 904 · The Power Of Consistent EffortThe fishing is best where the fewest go, and the collective insecurity of the world makes it easy for people to hit home runs while everyone else is aiming for base hits.
loc 909-910 · Winning MindsetThe opposite of love is indifference, and the opposite of happiness is—here’s the clincher—boredom.
loc 921-922 · Happiness From Solving ProblemsThe question you should be asking isn’t, “What do I want?” or “What are my goals?” but “What would excite me?”
loc 925-926 · Work And Financial IndependenceAdult-Onset ADD: Adventure Deficit Disorder
loc 926-927 · Action And ExecutionThis is how most people work until death: “I’ll just work until I have X dollars and then do what I want.” If you don’t define the “what I want” alternate activities, the X figure will increase indefinitely to avoid the fear-inducing uncertainty of this void.
loc 938-940 · Time Over MoneyThe worst that could happen wasn’t crashing and burning, it was accepting terminal boredom as a tolerable status quo.
loc 951 · Embracing Failure For SuccessRemember—boredom is the enemy, not some abstract “failure.”
loc 952 · Embracing Failure For SuccessLiving like a millionaire requires doing interesting things and not just owning enviable things.
loc 961-962 · The Path To Wealthsuccess can be measured in the number of uncomfortable conversations you’re willing to have.
loc 981 · Embracing Failure For Success‘Ever tried. Ever failed. No matter. Try again. Fail again. Fail better.’
loc 1001-1002 · Embracing Failure For SuccessYou won’t believe what you can accomplish by attempting the impossible with the courage to repeatedly fail better.
loc 1002-1003 · Embracing Failure For SuccessThe existential vacuum manifests itself mainly in a state of boredom.
loc 1010 · Happiness From Solving ProblemsThe best first step, the one I recommend, is finding someone who’s done it and ask for advice on how to do the same. It’s not hard.
loc 1086-1087 · Action And ExecutionTo have an uncommon lifestyle, you need to develop the uncommon habit of making decisions, both for yourself and for others.
loc 1094-1095 · The Power Of ChoiceOne does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity.
loc 1112-1114 · Prioritizing For ProductivityPerfection is not when there is no more to add, but no more to take away.
loc 1118 · Growth Mindset And Self-BeliefIt is vain to do with more what can be done with less.
loc 1120-1121 · Strategic Caution And BoldnessBeing busy is most often used as a guise for avoiding the few critically important but uncomfortable actions.
loc 1126 · Prioritizing For ProductivityEffectiveness is doing the things that get you closer to your goals.
loc 1155 · Prioritizing For ProductivityDoing something unimportant well does not make it important. Requiring a lot of time does not make a task important.
loc 1163-1165 · Prioritizing For ProductivityWhat you do is infinitely more important than how you do it. Efficiency is still important, but it is useless unless applied to the right things.
loc 1166-1167 · Prioritizing For ProductivityPareto’s Law can be summarized as follows: 80% of the outputs result from 20% of the inputs.
loc 1180-1181 · Prioritizing For Productivity80% of the consequences flow from 20% of the causes. 80% of the results come from 20% of the effort and time. 80% of company profits come from 20% of the products and customers. 80% of all stock market gains are realized by 20% of the investors and 20% of an individual portfolio.
loc 1182-1185 · Prioritizing For ProductivityWhich 20% of sources are causing 80% of my problems and unhappiness?
loc 1193 · Prioritizing For ProductivityWhich 20% of sources are resulting in 80% of my desired outcomes and happiness?
loc 1194 · Prioritizing For ProductivityThe goal is to find your inefficiencies in order to eliminate them and to find your strengths so you can multiply them.
loc 1197-1198 · The Power Of Consistent EffortMost things make no difference. Being busy is a form of laziness—lazy thinking and indiscriminate action.
loc 1244 · Prioritizing For ProductivityBeing selective—doing less—is the path of the productive. Focus on the important few and ignore the rest.
loc 1245-1246 · Prioritizing For Productivitylack of time is actually lack of priorities.
loc 1250 · Prioritizing For ProductivityHow is it possible that all the people in the world need exactly 8 hours to accomplish their work? It isn’t. 9–5 is arbitrary.
loc 1262-1263 · Work And Financial IndependenceParkinson’s Law dictates that a task will swell in (perceived) importance and complexity in relation to the time allotted for its completion.
loc 1281-1282 · Prioritizing For ProductivityIf I give you 24 hours to complete a project, the time pressure forces you to focus on execution, and you have no choice but to do only the bare essentials. If I give you a week to complete the same task, it’s six days of making a mountain out of a molehill. If I give you two months, God forbid, it becomes a mental monster. The end product of the shorter deadline is almost inevitably of equal or higher quality due to greater focus.
loc 1283-1285 · Prioritizing For ProductivityLimit tasks to the important to shorten work time (80/20).
loc 1288 · Prioritizing For ProductivityShorten work time to limit tasks to the important (Parkinson’s Law).
loc 1289-1290 · Prioritizing For ProductivityIdentify the few critical tasks that contribute most to income and schedule them with very short and clear deadlines. If you haven’t identified the mission-critical tasks and set aggressive start and end times for their completion, the unimportant becomes the important.
loc 1291-1293 · Prioritizing For ProductivityAm I being productive or just active?
loc 1322 · Prioritizing For ProductivityAm I inventing things to do to avoid the important?
loc 1324 · Prioritizing For ProductivityDedication is often just meaningless work in disguise.
loc 1325-1326 · Work And Financial IndependenceWhat 20% of sources are causing 80% of my problems and unhappiness?
loc 1333 · Prioritizing For ProductivityWhat 20% of sources are resulting in 80% of my desired outcome and happiness?
loc 1334 · Prioritizing For ProductivityIf you had a heart attack and had to work two hours per day, what would you do?
loc 1335-1336 · Work And Financial IndependenceIf you had a gun to your head and had to stop doing 4/5 of different time-consuming activities, what would you remove?
loc 1342-1343 · Prioritizing For ProductivityWhat are the top-three activities that I use to fill time to feel as though I’ve been productive?
loc 1346-1347 · Prioritizing For ProductivityWho are the 20% of people who produce 80% of your enjoyment and propel you forward, and which 20% cause 80% of your depression, anger, and second-guessing?
loc 1349-1350 · Embrace Your Authentic SelfWho is causing me stress disproportionate to the time I spend with them? What will happen if I simply stop interacting with these people?
loc 1354-1355 · Embrace Your Authentic SelfExact numbers aren’t needed to realize that we spend too much time with those who poison us with pessimism, sloth, and low expectations of themselves and the world.
loc 1358-1359 · Embrace Your Authentic SelfIt is often the case that you have to fire certain friends or retire from particular social circles to have the life you want.
loc 1359-1360 · Embrace Your Authentic SelfPoisonous people do not deserve your time.
loc 1360 · Embrace Your Authentic SelfIf this approach is too confrontational for you, just politely refuse to interact with them. Be in the middle of something when the call comes, and have a prior commitment when the invitation to hang out comes. Once you see the benefits of decreased time with these people, it will be easier to stop communication altogether.
loc 1364-1366 · Embrace Your Authentic SelfBut you are the average of the five people you associate with most, so do not underestimate the effects of your pessimistic, unambitious, or disorganized friends.
loc 1367-1368 · The Art Of ConnectionIf someone isn’t making you stronger, they’re making you weaker.
loc 1368-1369 · Embrace Your Authentic Self“If this is the only thing I accomplish today, will I be satisfied with my day?”
loc 1370-1371 · Prioritizing For ProductivityThere should never be more than two mission-critical items to complete each day. Never. It just isn’t necessary if they’re actually high-impact.
loc 1375-1376 · Prioritizing For ProductivityWhat will happen if I don’t do this, and is it worth putting off the important to do it?
loc 1378 · The Power Of ChoicePut a Post-it on your computer screen or set an Outlook reminder to alert you at least three times daily with the question: Are you inventing things to do to avoid the important?
loc 1380-1381 · Prioritizing For ProductivityIf you prioritize properly, there is no need to multitask.
loc 1386-1387 · Prioritizing For ProductivityUse Parkinson’s Law to accomplish more in less time. Shorten schedules and deadlines to necessitate focused action instead of deliberation and procrastination.
loc 1390-1391 · Prioritizing For ProductivityStop asking for opinions and start proposing solutions.
loc 1403-1404 · Action And ExecutionWhat information consumes is rather obvious: it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.
loc 1425-1427 · Managing Digital DistractionsReading, after a certain age, diverts the mind too much from its creative pursuits. Any man who reads too much and uses his own brain too little falls into lazy habits of thinking.
loc 1430-1431 · Strategic Caution And BoldnessProblems, as a rule, solve themselves or disappear if you remove yourself as an information bottleneck and empower others.
loc 1440-1441 · The Art Of LeadershipThere are many things of which a wise man might wish to be ignorant.
loc 1442-1443 · Humility And Self-DeceptionCultivating Selective Ignorance
loc 1442 · Humility And Self-Deceptionbe selectively ignorant. Ignorance may be bliss, but it is also practical.
loc 1445-1446 · Humility And Self-DeceptionIt is imperative that you learn to ignore or redirect all information and interruptions that are irrelevant, unimportant, or unactionable.
loc 1446-1447 · Prioritizing For ProductivityMost information is time-consuming, negative, irrelevant to your goals, and outside of your influence.
loc 1450 · Managing Digital DistractionsLearning to ignore things is one of the great paths to inner peace.
loc 1495 · The Power Of PerceptionDevelop the habit of asking yourself, “Will I definitely use this information for something immediate and important?”
loc 1523-1524 · Prioritizing For ProductivityFocus on what digerati Kathy Sierra calls “just-in-time” information instead of “just-in-case” information.
loc 1529-1530 · Deep Work PrinciplesPractice the art of nonfinishing.
loc 1530 · Action And ExecutionStarting something doesn’t automatically justify finishing it.
loc 1531 · The Power Of ChoiceDevelop the habit of nonfinishing that which is boring or unproductive if a boss isn’t demanding it.
loc 1535 · Work And Financial IndependenceDo your own thinking independently. Be the chess player, not the chess piece.
loc 1554-1555 · Embrace Your Authentic SelfThe best defense is a good offense.
loc 1594 · Winning MindsetPeople are poor judges of importance and inflate minutiae to fill time and feel important.
loc 1620-1621 · Prioritizing For ProductivityDon’t encourage people to chitchat and don’t let them chitchat. Get them to the point immediately.
loc 1652-1653 · Prioritizing For ProductivityFrom this moment forward, resolve to keep those around you focused and avoid all meetings, whether in person or remote, that do not have clear objectives.
loc 1669-1670 · Prioritizing For ProductivityMeetings should only be held to make decisions about a predefined situation, not to define the problem.
loc 1689-1690 · Prioritizing For Productivityif you absolutely cannot stop a meeting or call from happening, define the end time. Do not leave these discussions open-ended, and keep them short.
loc 1698-1699 · Prioritizing For ProductivityThe Puppy Dog Close is invaluable whenever you face resistance to permanent changes. Get your foot in the door with a “let’s just try it once” reversible trial.
loc 1717-1719 · Customer-Centric Marketing StrategyA schedule defends from chaos and whim.
loc 1732 · Prioritizing For ProductivityThere is a psychological switching of gears that can require up to 45 minutes to resume a major task that has been interrupted.
loc 1748-1749 · Deep Work PrinciplesThis batching has saved me hundreds of hours of redundant work.
loc 1753 · Action And ExecutionIf you calculate the financial and emotional benefit of completing just one main task (such as landing a major client or completing a life-changing trip), the value of batching is much more than the per-hour savings.
loc 1765-1766 · Time Over MoneyIf the problems cost more than hours saved, scale back to the next-less-frequent batch schedule.
loc 1766-1767 · Action And ExecutionDo not work harder when the solution is working smarter.
loc 1768 · Action And ExecutionThe vision is really about empowering workers, giving them all the information about what’s going on so they can do a lot more than they’ve done in the past.
loc 1773-1774 · Work And Financial IndependenceIt wasn’t scalable because there was an information and decision bottleneck: me.
loc 1785-1786 · Execution Trumps IdeasIt’s amazing how someone’s IQ seems to double as soon as you give them responsibility and indicate that you trust them.
loc 1804 · The Art Of LeadershipEstablish yourself as a consistent challenger of the status quo and most people will learn to avoid challenging you, particularly if it is in the interest of higher per-hour productivity.
loc 1815-1817 · The Art Of LeadershipEmpower others to act without interrupting you.
loc 1818-1819 · The Art Of LeadershipLimit access to your time, force people to define their requests before spending time with them, and batch routine menial tasks to prevent postponement of more important projects.
loc 1820-1821 · Prioritizing For ProductivityDo not let people interrupt you. Find your focus and you’ll find your lifestyle.
loc 1821 · Embrace Your Authentic SelfPeople think it must be fun to be a super genius, but they don’t realize how hard it is to put up with all the idiots in the world.
loc 1825-1826 · Humility And Self-DeceptionBlaming idiots for interruptions is like blaming clowns for scaring children—they can’t help it.
loc 1828 · Humility And Self-DeceptionIt is your job to prevent yourself and others from letting the unnecessary and unimportant prevent the start-to-finish completion of the important.
loc 1831-1832 · Prioritizing For Productivity1. Create systems to limit your availability via e-mail and phone and deflect inappropriate contact.
loc 1836-1837 · Prioritizing For ProductivityReplace the habit of “How are you?” with “How can I help you?”
loc 1837-1838 · The Art Of ConnectionSet and practice interruption-killing policies.
loc 1838 · Action And ExecutionBatch activities to limit setup cost and provide more time for dreamline milestones.
loc 1848 · Action And ExecutionSet or request autonomous rules and guidelines with occasional review of results.
loc 1851 · Action And ExecutionEliminate the decision bottleneck for all things that are nonfatal if misperformed.
loc 1851-1852 · Action And ExecutionRemember, profit is only profitable to the extent that you can use it. For that you need time.
loc 1855-1856 · Time Over MoneyScreening and Avoiding Unwanted Calls
loc 1877 · Managing Digital DistractionsA man is rich in proportion to the number of things he can afford to let alone.
loc 1977 · The Path To WealthThe future is here. It’s just not widely distributed yet.
loc 2063 · Action And ExecutionNobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it.
loc 2079-2080 · Moral Choices And ConsequencesBecoming a member of the NR is not just about working smarter. It’s about building a system to replace yourself.
loc 2090-2091 · Work And Financial IndependenceThe first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency. —BILL GATES
loc 2112-2114 · Growth Mindset And Self-BeliefNever automate something that can be eliminated, and never delegate something that can be automated or streamlined.
loc 2119-2120 · Prioritizing For ProductivityUsing people to leverage a refined process multiplies production; using people as a solution to a poor process multiplies problems.
loc 2129 · Deep Work PrinciplesEach delegated task must be both time-consuming and well-defined.
loc 2137-2138 · Deep Work Principlesour target product can’t take more than $500 to test, it has to lend itself to automation within four weeks, and—when up and running—it can’t require more than one day per week of management.
loc 2548-2550 · Execution Trumps Ideascash flow and time. With these two currencies, all other things are possible. Without them, nothing is possible.
loc 2556 · The Path To WealthCreating demand is hard. Filling demand is much easier. Don’t create a product, then seek someone to sell it to. Find a market—define your customers—then find or develop a product for them.
loc 2609-2611 · Execution Trumps IdeasBe a member of your target market and don’t speculate what others need or will be willing to buy.
loc 2614-2615 · Execution Trumps IdeasIt is said that if everyone is your customer, then no one is your customer.
loc 2619-2620 · Customer-Centric Marketing StrategyIt is more profitable to be a big fish in a small pond than a small undefined fish in a big pond.
loc 2627 · Execution Trumps IdeasCall these magazines, speak to the advertising directors, and tell them that you are considering advertising
loc 2640-2641 · Customer-Centric Marketing StrategyThe main benefit of your product should be explainable in one sentence or phrase.
loc 2654 · Customer-Centric Marketing StrategyHigher pricing means that we can sell fewer units—and thus manage fewer customers—and fulfill our dreamlines. It’s faster. Higher pricing attracts lower-maintenance customers (better credit, fewer complaints/questions, fewer returns, etc.). It’s less headache. This is HUGE. Higher pricing also creates higher profit margins. It’s safer.
loc 2661-2665 · Customer-Centric Marketing StrategyPrice high and then justify.
loc 2672 · Customer-Centric Marketing StrategyPurchasing an existing product at wholesale and reselling it is the easiest route but also the least profitable.
loc 2691-2692 · Execution Trumps IdeasI not only use all the brains that I have, but all that I can borrow.
loc 2704 · Growth Mindset And Self-BeliefSome of the world’s best-known brands and products have been borrowed from someone or somewhere else.
loc 2705-2706 · Execution Trumps IdeasCreation is a better means of self-expression than possession; it is through creating, not possessing, that life is revealed.
loc 2722-2723 · The Creative ProcessInformation products are low-cost, fast to manufacture, and time-consuming for competitors to duplicate.
loc 2738 · Execution Trumps IdeasInformation, on the other hand, is too time-consuming for most knockoff artists to bother with when there are easier products to replicate.
loc 2742-2743 · Systemic Flaws And ManipulationRead the three top-selling books on your topic (search historical New York Times bestseller lists online) and summarize each on one page.
loc 2804-2805 · The Power Of Consistent EffortThe moral is that intuition and experience are poor predictors of which products and businesses will be profitable.
loc 3010-3011 · Execution Trumps IdeasTest: Test the offer using short Google Adwords advertising campaigns (three hours to set up and five days of passive observation).
loc 3029-3030 · Customer-Centric Marketing StrategyThe user then clicks a continue to PayPal button. This automatically e-mails me their details, but then shows the user a message stating that the link to PayPal is currently not working. I use this to determine how many sales I would have achieved.
loc 3398-3400 · Customer-Centric Marketing StrategyReinventing the wheel is expensive—become an astute observer of what is already working and adapt it.
loc 3413-3414 · Execution Trumps IdeasThe factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.
loc 3432-3434 · Collective Brain And InnovationA company is stronger if it is bound by love rather than by fear…. If the employees come first, then they’re happy.
loc 3438 · The Art Of LeadershipOnce you have a product that sells, it’s time to design a self-correcting business architecture that runs itself.
loc 3447-3448 · Execution Trumps IdeasThis intentional absence has enabled him to create a process-driven instead of founder-driven business.
loc 3460-3461 · Execution Trumps IdeasThe system is the solution.
loc 3500 · Action And Execution1. Contract outsourcing companies53 that specialize in one function vs. freelancers whenever possible so that if someone is fired, quits, or doesn’t perform, you can replace them without interrupting your business.
loc 3504-3505 · Execution Trumps IdeasPhase I: 0–50 Total Units of Product Shipped Do it all yourself. Put your phone number on the site for both general questions and order-taking—this is important in the beginning—and take customer calls to determine common questions that you will answer later in an online FAQ.
loc 3517-3520 · Customer-Centric Marketing StrategyCompanies go out of business when they make the wrong decisions or, just as important, make too many decisions. The latter creates complexity.
loc 3560-3561 · Execution Trumps IdeasThe more options you offer the customer, the more indecision you create and the fewer orders you receive—it is a disservice all around.
loc 3575 · Customer-Centric Marketing StrategyThe art of “undecision” refers to minimizing the number of decisions your customers can or need to make.
loc 3577 · Customer-Centric Marketing StrategyOffer one or two purchase options (“basic” and “premium,” for example) and no more.
loc 3579-3580 · Customer-Centric Marketing StrategyDo not offer multiple shipping options. Offer one fast method instead and charge a premium.
loc 3581 · Customer-Centric Marketing StrategyDo not offer international shipments. Spending 10 minutes per order filling out customs forms and then dealing with customer complaints when the product costs 20–100% more with tariffs and duties is about as fun as headbutting a curb. It’s about as profitable, too.
loc 3587-3589 · Customer-Centric Marketing StrategyI recommend looking at the customer as an equal trading partner and not as an infallible blessing of a human being to be pleased at all costs.
loc 3594-3595 · Customer-Centric Marketing StrategyThose who spend the least and ask for the most before ordering will do the same after the sale. Cutting them out is both a good lifestyle decision and a good financial decision.
loc 3601-3602 · Customer-Centric Marketing StrategyMake your customer base an exclusive club, and treat the members well once they’ve been accepted.
loc 3618 · Customer-Centric Marketing StrategyBy working faithfully eight hours a day, you may eventually get to be a boss and work twelve hours a day.
loc 3851-3852 · Work And Financial IndependenceOn this path, it is only the first step that counts.
loc 3854 · Action And ExecutionThe key to cutting the leash was simple—he asked for forgiveness instead of permission.
loc 3880-3881 · The Art Of LeadershipTo create the proper leverage to be unshackled, we’ll do two things: demonstrate the business benefit of remote working and make it too expensive or excruciating to refuse a request for it.
loc 3897-3898 · Work And Financial IndependenceLiberty means responsibility. That is why most men dread it.
loc 4006 · Growth Mindset And Self-BeliefBeing able to quit things that don’t work is integral to being a winner.
loc 4122 · Winning MindsetThe average man is a conformist, accepting miseries and disasters with the stoicism of a cow standing in the rain.
loc 4130 · Moral Choices And ConsequencesWould you like me to give you a formula for success? It’s quite simple, really. Double your rate of failure.
loc 4164-4165 · Embracing Failure For SuccessOnly those who are asleep make no mistakes.
loc 4198 · Growth Mindset And Self-BeliefThe person who has more options has more power.
loc 4216-4217 · The Power Of ChoiceThe simple willingness to improvise is more vital, in the long run, than research.
loc 4249 · Challenging Assumptions And HabitsThere is more to life than increasing its speed.
loc 4303 · Growth Mindset And Self-Beliefrelocating to one place for one to six months before going home or moving to another locale.
loc 4326-4327 · Action And ExecutionThough it can be relaxing, the mini-retirement is not an escape from your life but a reexamination of it—the creation of a blank slate.
loc 4327-4328 · Time Over MoneyTrue freedom is much more than having enough income and time to do what you want.
loc 4337-4338 · Time Over MoneyI know too well that it’s easier to live with ourselves if we cite an external reason for inaction.
loc 4409 · The Power Of ChoiceTo be free, to be happy and fruitful, can only be attained through sacrifice of many common but overestimated things
loc 4476-4477 · Happiness From Solving ProblemsIt is fatal to know too much at the outcome: boredom comes as quickly to the traveler who knows his route as to the novelist who is overcertain of his plot.
loc 4549-4550 · Strategic Caution And BoldnessI suggest Monday mornings for checking e-mail and online banking. The first and third Mondays of the month can be used for checking credit cards and making other online payments such as affiliates.
loc 4643-4644 · Prioritizing For ProductivityTo be engrossed by something outside ourselves is a powerful antidote for the rational mind, the mind that so frequently has its head up its own ass.
loc 4927-4928 · Humility And Self-DeceptionThere is not enough time to do all the nothing we want to do.
loc 4929-4930 · Prioritizing For ProductivityMan is so made that he can only find relaxation from one kind of labor by taking up another.
loc 4945 · Growth Mindset And Self-BeliefIf you can’t define it or act upon it, forget it.
loc 5016 · The Power Of ChoiceThe benefits of becoming fluent in a foreign tongue are as underestimated as the difficulty is overestimated.
loc 5056 · Challenging Assumptions And HabitsIf you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake.
loc 5172-5173 · Embracing Failure For SuccessSurround yourself with smiling, positive people who have absolutely nothing to do with work. Create your muses alone if you must, but do not live your life alone. Happiness shared in the form of friendships and love is happiness multiplied.
loc 5209-5211 · The Creative ProcessThere is nothing the busy man is less busied with than living; there is nothing harder to learn.
loc 5215 · Embracing Mortality For LifeSLOW DANCE Have you ever watched kids On a merry-go-round? Or listened to the rain Slapping on the ground? Ever followed a butterfly’s erratic flight? Or gazed at the sun into the fading night? You better slow down. Don’t dance so fast. Time is short. The music won’t last. Do you run through each day On the fly? When you ask: How are you? Do you hear the reply? When the day is done, do you lie in your bed With the next hundred chores Running through your head? You’d better slow down. Don’t dance so fast. Time is short. The music won’t last. Ever told your child, We’ll do it tomorrow? And in your haste, Not see his sorrow? Ever lost touch, Let a good friendship die Cause you never had time To call and say, “Hi”? You’d better slow down. Don’t dance so fast. Time is short. The music won’t last. When you run so fast to get somewhere You miss half the fun of getting there. When you worry and hurry through your day, It is like an unopened gift thrown away. Life is not a race. Do take it slower. Hear the music Before the song is over.
loc 5230-5253 · Embracing Mortality For LifeOftentimes, in order to do the big things, you have to let the small bad things happen.
loc 5270-5271 · Embracing Failure For SuccessOnce you realize that you can turn off the noise without the world ending, you’re liberated in a way that few people ever know.
loc 5286-5287 · Managing Digital DistractionsTime without attention is worthless, so value attention over time.
loc 5293 · Prioritizing For ProductivityWhat is the one goal, if completed, that could change everything?
loc 5299 · Work And Financial IndependenceLet the small bad things happen and make the big good things happen. —OCTOBER 25, 2007
loc 5308-5309 · Embracing Failure For SuccessDon’t accept large or costly favors from strangers.
loc 5316-5317 · The Art Of LeadershipYou don’t have to recoup losses the same way you lose them.
loc 5319 · Winning MindsetOne of the most universal causes of self-doubt and depression: trying to impress people you don’t like.
loc 5325-5326 · Embrace Your Authentic SelfAdversity doesn’t build character; it reveals it.
loc 5331 · Growth Mindset And Self-BeliefMoney doesn’t change you; it reveals who you are when you no longer have to be nice.
loc 5332 · The Path To WealthYou’re never as bad as they say you are.
loc 5336 · Winning MindsetAre you having a breakdown or a breakthrough?
loc 5351 · The Power Of PerceptionA mindset of scarcity (which breeds jealousy and unethical behavior) is due to a disdain for those things easily obtained
loc 5353-5354 · The Path To WealthOpportunities abound in bad times as well as good times.
loc 5362 · Challenging Assumptions And HabitsTrip enjoyment is inversely proportionate to the amount of crap (read: distractions) you bring with you.
loc 5369-5370 · Intentional Technology UseThe more options you consider, the more buyer’s regret you’ll have.
loc 5435-5436 · The Power Of ChoiceThe more options you encounter, the less fulfilling your ultimate outcome will be.
loc 5437-5438 · The Power Of ChoiceYou had time but you didn’t have attention, so the time had no practical value.
loc 5448-5449 · Deep Work PrinciplesConsidering options costs attention that then can’t be spent on action or present-state awareness.
loc 5451-5452 · The Power Of ChoiceAttention is necessary for not only productivity but appreciation.
loc 5452-5453 · Deep Work Principles1. Set rules for yourself so you can automate as much decision making as possible
loc 5457-5458 · The Power Of ChoiceDon’t provoke deliberation before you can take action.
loc 5459 · The Power Of ChoiceDon’t postpone decisions just to avoid uncomfortable conversations.
loc 5461-5462 · The Power Of ChoiceLearn to make nonfatal or reversible decisions as quickly as possible.
loc 5466 · The Power Of ChoiceFast decisions preserve usable attention for what matters.
loc 5473 · Deep Work Principles1. Do not answer calls from unrecognized phone numbers. Feel free to surprise others, but don’t be surprised. It just results in unwanted interruption or poor negotiating positions.
loc 5504-5505 · Managing Digital DistractionsDo not agree to meetings or calls with no clear agenda or end time.
loc 5510-5511 · Prioritizing For ProductivityDo not work more to fix overwhelmingness—prioritize.
loc 5524-5525 · Prioritizing For ProductivityProfitability often requires better rules and speed, not more time.
loc 5543 · Deep Work Principlesfinancial goal of a start-up should be simple: profit in the least time with the least effort.
loc 5543-5544 · Execution Trumps IdeasWho you portray in your marketing isn’t necessarily the only demographic who buys your product—it’s often the demographic that most people want to identify with or belong to. The target isn’t the market. No one aspires to be the bland average, so don’t water down messaging to appeal to everyone—it will end up appealing to no one.
loc 5554-5556 · Customer-Centric Marketing StrategyBeing busy is not the same as being productive.
loc 5602 · Prioritizing For ProductivityThe 80/20 principle, also known as Pareto’s Law, dictates that 80% of your desired outcomes are the result of 20% of your activities or inputs.
loc 5603-5604 · Prioritizing For ProductivityPerfect products delivered past deadline kill companies faster than decent products delivered on time.
loc 5616 · Execution Trumps Ideas