The 4-Hour Workweek - Step 1: Definition

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LOUISIANA

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The 4-Hour Workweek - Step 1: Definition

Fear-Setting and Escaping Paralysis

Optimistic denial

Conquering fear = defining fear

Cautions and Comparisons

The Freedom Multiplier

Money is multiplied in practical value depending on the number of W's you control in your life.

whom you do it with

where you do it

when you do it

what you do

The New Rich (NR)

Freedom to pursue your dreams

Payday every day

Cashflow first

More quality and less clutter

Have reasons for making money

Neither boss nor employee, but owner

Do all you want to do, be all you want to be

Prevent work for work's sake (W4W)

Have others work for you

The Deferrers (D)

Freedom to avoid what you dislike

Reach a big payoff

Have more

Make a ton of money

Be the boss

Buy everything you want

Retire young

Work when you want

Work for yourself

Being Unreasonable and Unambiguous

What do you want?

Dreamlining

Activities that will fill the vacuum when work is removed

Goals must be unrealisitic to be effective

Defined steps instead of ambiguous wants

ADD: Adventure Deficit Disorder

Excitement is a better synonymn for happiness

The opposite of happiness is boredom

Doing the unrealistic is easier than doing the realistic

There is less competition for bigger goals

People overestimate the competition and underestimate themselves

Everything Popular is Wrong

Distress is bad, eustress is good

Relative income is more important than absolute income

Money alone is not the solution

Things in excess become their opposite

Emphasize strengths, don't fix weaknesses

Ask for forgiveness, not permission

The timing is never right

Less is not laziness

Interest and energy are cyclical

Retirement is worst-case-scenario insurance

Don't play the game, beat the game

Find loopholes in the rules