Two Big Ideas from 4-Hour Workweek

What is a 4-Hour Workweek? Before telling about the interesting ideas got from this book let’s Make a list of all the things you wish to do during the following six months. Now figure out how much it will cost each month. Estimate how much it will cost monthly to buy a sports car or hire someone to cook for you, and use that figure as your target income. You now have a precise amount on which to base your future wages to live the life of your dreams. 

Would you rather work hard for 40 years and retire early, or would you rather work only a few hours a week and earn the same amount in a month as you do in a year?

It may sound weird, but you may be successful while working less. The author accomplished this by taking time away from his business to travel around the world. He learned he could efficiently run his firm from anywhere in the world with little effort or worry. He joined the ranks of what is described as “the New Rich” with this new outlook. 

The New Rich aren’t the same as the Old Rich. The Old Rich were bound to their homes and land, but the New Rich are well-heeled jet-setters who do not have to work. They don’t come from a wealthy family; instead, they make money by optimizing their income and creating a popular product.

Read more about money and its interesting facts here.

Big Ideas from 4-Hour Workweek #1: The New Rich are wealthy currently, not just in the future. 

Many people work hard their entire lives to save money to retire one day. Every morning, they go to work and sit at a desk for eight hours, dreaming of the day when they can relax on a beach with a margarita. 

Some people are deferrers, who work hard and save money to postpone their lives. They may save a lot of money, but it’s not enough to compensate for the years of effort they put in.

Rather than living a life he enjoys, the author has spent years sacrificing his delight in attempting to live like a millionaire. The New Rich (NR) have recognized that they don’t need a lot of money to have a happy and free life. If they wish to, they can travel more, spend more time on hobbies, or hire maids. All of this is doable even if you aren’t a millionaire. 

Living a rich life necessitates flexibility and mobility. To do anything you want, whenever you want, you’ll need both. It is required to work more than 40 hours per week to obtain such things.

Big Idea #2: Reject the notion that you are incompetent. 

The NR (New Rich) are anti-workplace conventions. They use a formula that stands for Definition, Elimination, Automation, and Liberation to raise their income and lower the number of hours they work. 

Let’s take a closer look at how to join the NR. To begin, you’ll need to rethink how you work. To accomplish so, you’ll need to shift your priorities and concentrate on what is important. If you wish to work in the NR, your existing objectives are probably not connected with that goal because they are more directly related to common deferrer objectives.