Most Helpful Customer Reviews
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82 of 82 people found the following review helpful:
4.0 out of 5 stars
A book of two halves, 4 Jun 2008
This seems to me to be a book of two halves. In the first half, Ferris gives a step by step action plan for eliminating non-essential work, outsourcing a lot of the remaining work, and giving a detailed blueprint for designing, test-running and developing an 'automated' on-line businesses (or businesses) - that is, a business whereby most of the functions are performed by outsourced companies, hence it is scaleable and allows the owner to keep only a very light hand on the tiller, through weekly or monthly reporting by the outsourcers. The idea is to free you up from the dull treadmill of routine work to allow you to focus on the important things in life now rather than waiting for some deferred gaol to be achieved (eg. retirement). I found this first half of the book excellent and have already started implementing his ideas - Ferris has definitely fired me up enough to give it a go.
The second part seems to focus mainly on what you should do with all the free time that you have managed to free up, and how to cope with the existential issues raised by having nothing to do. His solution is to travel extensively and keep learning (languages, martial arts, dance, etc), and so he gives a lot of tips on how to do that type of thing. It's quite a US-centric book and no doubt the concept of travelling widely is quite revolutionary to a lot of americans but I personally felt the second half of the book a bit irrelevent in the sense that a) I've been there/done that and b) I reckon I'm capable of finding my own life-affirming ways to make use of any free time the first half of the book creates for me.
But overall, I thought it was a great book, and I thought Ferris writes clearly and engagingly. I found it a gripping read and am feeling excited about implementing many of his ideas in the coming weeks.
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111 of 113 people found the following review helpful:
3.0 out of 5 stars
Directions for Hiding from the Boss, Starting an Automated Internet Business, and Being a Global Vagabond, 10 Sep 2007
Did you know that if the trends of the last two centuries hold, everyone's workweek will be four hours by 2407? What will people do with all that free time? It's a good question that this book recommends you consider.
Mr. Ferriss does a favor for those who hate their jobs but cannot find work they like by explaining how you can still draw a salary while working very few hours (by hiding from the boss and using the 80/20 rule -- 80 percent of results come from 20 percent of efforts). His method is deliberately manipulative (possibly fraudulent is another possible description that comes to mind), so you'll have to watch out that you don't get caught or you might have to repay some of that salary.
What do you do while you are hiding from the boss? Mr. Ferriss recommends starting a highly profitable online retail business that's so highly automated it can be operated in only four hours a week. You'll find details of how to do this that matches what I receive in lots of spam e-mails every week.
After you've got half a million a year rolling in by selling expensive items at a high profit margin, Mr. Ferriss provides lots of advice on how to take six-month miniretirements in cheap places around the world (Argentina and Berlin are his favorites). I'm still puzzled by why Berlin can be a cheap place to live. The rest of Germany when I've visited certainly isn't.
The book's come-on explains how Mr. Ferriss has accomplished all kinds of world-class things to boost his credibility. Unfortunately, you'll find that it isn't always classy how Mr. Ferriss does this. For example, he won the Gold Medal at the Chinese Kickboxing National Championships in 1999. He dehydrated himself more than the other competitors did the day before the competitions for the weigh in so that he could compete against men much smaller and lighter than he was, and he then simply used his quickly regained weight the next day to push competitors off the platform (three times off the platform and you are disqualified).
I find several problems with this book:
1. There's almost nothing original in it. You're just reading summaries that might have been written by a $5 an hour researcher in India. And much of what he draws on isn't acknowledged. For instance, he uses some of Dr. Stephen Covey's seven habits as chapter subtitles . . . but never references or credits Dr. Covey once in the book.
2. He provides so little information on each aspect of his ideas that I doubt that very many readers can really implement what he recommends.
3. There's no moral center to the book. Mr. Ferriss comes across as a con man in several ways.
4. He achieves a 4-hour workweek by simply skimming the cream of a business model that any one of two billion literate people can implement at some level. Are we to believe this business model will be highly profitable for the next several years? I doubt it.
5. I've met very few small business people who simply wanted to retail something on the Internet so they could work only four hours a week. Usually, small business people see their businesses and work as a creative activity that energizes them.
I do admire the book's title. It's a real grabber. It's too bad that there's not more substance to go with it.
If you want to learn how to make breakthroughs in personal and organizational productivity that allow you to live the life you want, there are better resources out there such as The E-Myth Manager by Michael E. Gerber, The Success Principles by Jack Canfield and Janet Switzer, How to Get Control of Your Time and Your Life by Alan Lakein, and Photoreading by Paul R. Scheele.
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99 of 104 people found the following review helpful:
3.0 out of 5 stars
Interesting mix of topics but nothing new, 12 May 2007
Tim's book has got me thinking. It has helped me re-evaluate my life and especially my working my life.
As I see it, Tim argues:
1. Life is short so enjoy it.
2. Realise that you are conditioned by society to work 9-5.
3. Don't wait until you retire to have some fun (lots of fun!).
4. Become much more productive at work.
5. Outsource much of your business and/or life.
6. Create an 'automatic' source of income.
7. Start to living the life you want (it may be cheaper than you think).
Where I have a problem is that this advice, whilst sound, is lightweight. Admittedly, the book points you to lots of (US) resources but you'll need to do a lot more work in order to create the lifestyle Tim offers. It is, after all, a 'framework' of a book and not a detailed, step-by-step, 500 page manual.
OK - I'm hard to please.
If you've not read this sort of material before then this could be the eye-opener you need.
But where I'm disappointed is that Tim suggests that the way to a regular stream of income is to create 'information products'. Mmmm, where have I heard that before?
Do a quick search on Google on this phrase and you'll find tons of better quality material. Believe me, I'm currently experimenting with this source of income and it's not as easy, or as simple, as Tim suggests.
Yes, I am hard to please but visit Tim's site and read his US Amazon reviews and you'd think that this book is somehow *totally* revolutionary.
Yes, it's a good book but it's a bit like eating another American product, a McDonalds burger - it looks tasty on the advertising but while you're eating it you realise that the bread is full of air and sugar and the whole experience leaves you with an unsatisfied feeling.
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