The 4-hour work week

Whenever you find yourself on the side of the majority, it is time to pause and reflect.

MARK TWAIN

The New Rich Mindset:

The concept of the New Rich, emphasizes that true wealth lies in lifestyle design, freedom, and experiences, not just financial abundance.

Gold is getting old. The New Rich (NR) are those who abandon the deferred life plan and create luxury lifestyles in the present using the currency of new rich: Time and Mobility.

• Old mindset- To be the boss instead of the employee, to be in charge.
• New Rich Mindset- To be neither the boss, nor the employee, but the owner. To own the trains and have someone else ensure they run on time.

.

DEAL Framework

REALITY IS NEGOTIABLE.

DEAL stands for Definition, Elimination, Automation, and Liberation. By defining your objectives, eliminating non-essential tasks and distractions, automating processes, and liberating yourself from the constraints of a traditional work schedule, you can optimize your time and achieve greater efficiency.

.

Redefining Success

Once you say, you are going to settle. For second, that’s what happens to you in life.

Being financially rich and having the ability to live like a millionaire are fundamentally two very different things.

WHAT DO I WANT?- A better Question First of All!

• An expert is a person who has made all the mistakes that can be made in a very narrow space. Ask FOR FORGIVENESS, NOT PERMISSION- Get good at being a trouble maker and saying sorry when you have really screwed up.
• If the recipe suck, it doesn’t matter how good a cook you are.
• For all the most important things, timing always sucks. Waiting for the good time is an illusion.

What to do?

1. BEAT the game, don’t play it!
2. Emphasize strengths, Don’t fix weaknesses
3. Working only when you are most effective, life will be both more productive and more enjoyable.

Formula for Failure

I cant give you a sure fire-formula for success, but I can give you a formula for failure: Try to please everybody all the time.

Fear Management

If you are insecure, guess what? The Rest of the world is too!

Fear/ nightmares’

• Define your nightmare, the absolute worst that could happen if you did what you are considering.
• What steps could you take to repair the damage or get things back on the upswing, even if temporarily.
• What are the outcomes or benefits, both temporary and permanent, of more probable scenarios?
• If you were fired from your job today, what would you do to get tings under financial control?
• What are you putting off, out of fear? usually things we fear are the things need to be done.
• What is it costing you- financially, emotionally and physically- to postpone action?
• What are you waiting for?

.

Quotes

• The reasonable man adapts himself to the world, the unreasonable one persists in trying to adapt the world to himself. Therefore all the progress depends on the unreasonable man.

.

• “People don’t want to be millionaires — they want to experience what they believe only millions can buy.”

.

• “Conditions are never perfect. ‘Someday’ is a disease that will take your dreams to the grave with you.”

.

• “Money 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.”

.

• “Doing 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.”

.

• “The question you should be asking isn’t, ‘What do I want?’ or ‘What are my goals?’ but ‘What would excite me?’”

.

• “Learn to be difficult when it counts. In school, you’re rewarded for doing what you’re told. In the real world, you’re rewarded for taking risks and jumping in.”

,

.

Further Recommendations:

1. “Deep Work: Rules for Focused Success in a Distracted World” by Cal Newport
2. “Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones” by James Clear
3. “The Happiness Equation: Want Nothing + Do Anything = Have Everything” by Neil Pasricha