Friday, January 8, 2010
The 4-Hour Workweek by Timothy Ferriss
The 4-Hour Workweek sounds like a dream only the independently wealthy and part-time retirees can enjoy. Timothy Ferriss has written about how the new rich enjoy independence now, without spending decades saving up for it.
Ferris describes four steps the new rich follow to achieve their lifestyle. They make a handy acronym: DEAL.
The deal starts with definition. You cannot live the lifestyle you want until you clearly define it. The dream-lining method he describes will encourage you to reach out for those big goals now and not wait.
The next step is elimination. The currency of the new rich is time. They ruthlessly cut out anything that wastes time. If it is not what they want to do, or contributing significantly to their income, they drop it. Ferriss applies the Pareto principle that 80 percent of the results come from 20 percent of the effort. The daring step taken by the new rich is actually cutting out the 80 percent of unproductive activity.
Automation is about freeing up time and making money. The new rich are not interested in accumulating wealth. The idea is to have a stream of income that supports your lifestyle without taking up a lot of your time. Ferriss calls these income sources “muses.” They amount to automatic business that run with very little of your direct involvement.
This part of the book focuses on how to lead the lifestyle you want, especially if it involves travel. Ferriss likes to travel and found it is inexpensive to spend extended periods in other countries. There are many temptations to go back to working for works sake and waste time on things that do no contribute to your lifestyle. The new rich do not allow that stuff to draw them away from the liberation they have won.
The bottom line of the new rich is that it is not about having it all. It is about enjoying what you want most.
Sunday, November 9, 2008
Happier by Tal Ben-Shahar
Happier is based on a popular class Dr. Ben-Shahar teaches at Harvard University. The author refers to happiness as the ultimate currency, and in that light, it is not surprising that so many people are seeking more of it.
Ben-Shahar frames happiness as a balance of present and future benefits. Many people sacrifice present pleasure for hopes of a more desirable future; they’re rat-racers. Hedonists seek momentary pleasures without regard for the future. Those who’ve given up on finding happiness in both the present and future are nihilists. Happiness is found in a life that has future benefits that is enjoyable along the way.
Happiness is about more that just pleasure, which is hollow by itself. Happy people lead lives they find meaningful. In a sense, a meaningful life provides the ultimate future benefit. Pairing meaning with enjoyment along the way, present pleasure, leads to happiness. This doesn’t lead to a life free of negative emotions or perpetual positivity; Ben-Shahar thinks that is unrealistic and probably unfulfilling and throughout the book reminds readers of the balanced definition of happiness.
The middle section of the book tackles some of the practical matters of happiness in education, work and relationships. School is all about present sacrifice for future payoff. That mindset can send people in to careers they find to be meaningless drudgery. The same attitudes can come into relationships. Happiness in the real world sometimes means setting aside the expectations of others and society and acting on what you personally find meaningful and pleasurable. Not everyone has the luxury of putting off all obligations and doing their own thing, but nearly everyone can do something to introduce more happiness into their lives.
In closing, Ben-Shahar offers a number of “meditations.” These chapters offer exercises, of both practice and thought, for building happiness on our lives.
Sunday, August 23, 2015
The Power of Nice by Linda Kaplan Thaler & Robin Koval
Thursday, June 4, 2020
Late Bloomers by Rich Karlgaard
The heroes of our age
are young. Mark Zuckerberg, the man who made millions on Facebook while still in his 20s, is a notable
example. Though Bill Gates, Steve Wozniak and Tiger Woods are no longer youngsters, they
achieved fame and wealth early in life and that is at least
one reason why they remain famous. Forbes publisher Rich Karlgaard is concerned that our focus on early
achievement is depriving our society of the untapped potential of many—probably
most of us—who develop at a slower rate. He discusses his concerns, and what we
can do about it, in Late Bloomers.
The First 20 Hours by Josh Kaufman
Future Bright by Martin E. Martinez
The Genius in All of Us by David Shenk
Moonwalking with Einstein by Joshua Foer
The Organized
Mind by Daniel J. Levitin
The Power of Habit by Charles Duhigg
Self-Love by Robert H. Schuller
Your Intelligence Makeover by Edward F. Droge, Jr.