You may have heard about the famous 4-hour work week concept of Tim Ferry. It has compelled every life and business coach to get the same result as the father of concept in terms of success in life.
Why not pay attention to the people who actually pay attention to Ferriss?
Here are 5 secrets to living the 4 hour work week straight from the ideas of the creator himself, consolidated into this easy to read, digestible summary!
Belows are the easy-to-read summary of 5 secrets of living the 4 hour work week based directly on the ideas of the creator himself.
The fundamental secret of this concept is automation.
You can incorporate automation in the production process, the marketing funnel and even in analysis. Today, tools that assist people in automating business processes just keep expanding and improving, such a reality does not allow you to have any excuse to work long hour.
Of course you can produce and sell your own products, but if you are having trouble with the creation part, affiliate marketing is your friend.
The first person you a business owner should hire is no one other than yourself as a growth hacker. Paperwork and stuff, just do it! You are now your own growth hacker. The primary focus of a growth hacker is to find tools to automate your business.
The first system that you can employ is the one right in front of you, at Digital Altitude. As an affiliate of the Digital Altitude program, your have your own fully automated business processes from start to finish.
If you need help with your first business, we also you up with an advantageous commission structure, training videos, team building exercises, coaching and assistance with your sales funnel, among many other features.
Remember that there are higher levels to invest in as you move forward in your business career!
2. The Product
If product is not your strength, developing it can take up excessive amount of time.
Before thinking about creating what product to sell, keep in mind that Bill Gates bought the DOS platform to start Microsoft – he didn’t create one line of it.
The majority of top businessmen are not creatives – they are licensors.
PRODUCT LICENSING IS A WAY TO AUTOMATE YOUR PRODUCTION SCHEDULE.
Licensing products can help you ease the burden on your shoulders, because learning the market is no longer your duty but it now belongs to the development team with experience in that area. It can take years to learn a new market.
Why do that when you can simply help someone who has already learned it? They have the passion to drill down, and they do not necessarily need your help to do that digging. However, most developers usually need a hand up out of the hole that they create for themselves in learning their audience!
3. The Mentorship
Although you should not depend your knowledge on every single guru in the world, you should actively seek out the advice and company of those who have done what you want to achieve.
How can you expect to call people to sell to them if you cannot even call people to ask for a conversation ?
We all know this figure by Jim Rohn, “You are the average of your 5 best friends.” Actually speaking, this is one of the most scientific unscientific metrics ever spoken into existence. But, having better friends than your current ones can be difficult.
THE SECRET IS TO BUILD FRIENDSHIPS SLOWLY.
This article is one of the best I have seen on making friends with people busier than you. You can read its summary first: Treat famous people like you would treat anyone else. Another point is: Meet more famous people than you know what to do with.
Just like dating someone, not everyone you meet will like you. You need to meet dramatically many busy people to get more mentors rather than trying to make some big impression on a single target.
4. The Lifestyle
If you are going to live the 4 hour work week, you cannot start living it only after you get a certain amount of money. Take into account that you may have to sacrifice some of your comforts in order to truly adhere to the tenants of what Tim uses to live his life.
The first thing that you need to understand is the lie of the 4 hour work week.
The secret of working a 4 hour work week is simple: You will be working full days if you are trying to start a business.
You just can’t call that work work. This simple semantic is how Tim himself could work all day and night promoting his original 4 hour work week book while saying that he wasn’t working at all.
If you want to start a business, it is going to take some [read: a lot of] sweat equity. The lifestyle of the free entrepreneur is one that is rather self-aggrandizing. It requires a great deal of delusion.
On some level, you have to convince yourself that you actually care enough about others than you do yourself. When you walk up to them to break into their social circles and access their exclusive resources, you need to believe in your heart that you can possibly add value to the situation!
This is the lifestyle of the entrepreneur.
Better friends don’t naturally come to you. More money doesn’t just fly out of the sky. You cannot sell anything unless you open your mouth to say something.
But things are quite different now. With the incredible aid of more computer automation programs and systems, you do not need to say that much. Everything can now be implemented on your personal smart phone.
Digital Altitude has the techniques that you need to live out this strategy.
5. Time Management
When it comes to time management, automation cannot be ignored, especially when you are not influential enough to have anyone work for you for free.
What you need to mainly focus on is to create a system that handles the brainless parts of your marketing and promotion. This gives you more times to accomplish the more fun and exciting legwork that still needs to be done.
For instance, you cannot possibly send yourself out on mentor-finding missions if you are always behind on your emails every day.
First of all, you should always look to eliminate processes from your day that do not work, both automated and live action.
Use Pareto’s Rule on the processes that you initiate on a daily basis: You will get 80% of your productivity from 20% of your processes. Find that 20%, duplicate those processes, and eliminate the other 80%. This will free up so much of your day that you will surprise yourself at how much time you have to get your real work done.
The more time you have in a day, and the more free a lifetsyle you have thanks to such extra free time, the more you need to learn how to manage your time effectively.
If you want to befriend better people, it is more crucial that you learn how to manage your time to get around with people with a higher level than you.
However, this does not mean that you just look up to and socialize with a Hollywood front and ignore “the little people.”
The little people are the ones who have the ability to get you to Mr. Big, and in most cases, their introduction to Mr. Big could be more effective than you introducing yourself.
Empower them to screen you, and make them feel important. The more you allow them to do their job, the more likely you will get to the top. On top of this, you will make friends with the people who are also on the way up. It is these people that gives you a network of associates along with mentors.
If you are not confident enough to meet people, don’t worry. Digital Altitude has a built in network of smart, capable and successful friends and mentors for you to experience expanding your social circles.
These are people who understand your struggle because they have been through it. They will be the first to help you and point your feet in the right direction when it is time to leave the nest.
Putting It All Together
THE WAY TO FREEDOM AND PROFIT IS TO BUILD SYSTEMS THAT WORK FOR YOU INSTEAD OF WORKING FOR A SYSTEM.
So the key to the 4 hour work week here is automation, once you can build your own system as a result of owning the right system-building behind you.
Remember that you must incorporate all of these strategies concurrently. You may have trouble keeping all of your balls in the air at the same time, but you will find the balance.
This is what every entrepreneur do in the first place to be able to survive! The biggest challenge that you will encounter as a new entrepreneur is allowing yourself the time to learn to keep this balance. No one can foretell when everything will click. You have to be patient enough to let it happen.
Follow the tips above to speed yourself up into the world of free living entrepreneurs. Now is the time you stop being dependable and move into the life that you are meant to live. Use the resources that Digital Altitude offers you, and become a bit more fearless every day. See you at the top!
Nguyen Long Son
Unlimited Lifestyle Project