The Four-Hour Workweek... For Real

The Four-Hour Workweek... For Real

Since its initial publication in 2007, Tim Ferriss' The Four Hour Workweek has been translated into 35 languages and has sold over 1.3M copies.

It's spawned a generation of acolytes and devotees, and it catapulted Tim to entrepreneurial fame. 

I'm a big fan of the book, and since first reading it in 2010, I've gone on to read it twice more.

The only problem is... I've never actually met anyone who has managed to whittle their work week down to four hours. I've met lots of people who have implemented some or all of the suggestions in the book, but no one who actually has a true four hour work week.

How To Accomplish Anything In 1/2 Hour (Or Less)

How To Accomplish Anything In 1/2 Hour (Or Less)

Many of the entrepreneurs I work with work at full time jobs that don’t provide them with much fulfillment, meaning or joy. Underlying this lack of fulfilment is an idea, a dream that’s been itching away for years without ever being scratched. Typically the first question they ask me is some variation of “Where do I start?’ or “How do I start?”.

The enormity of starting a new business - or any new worthwhile endeavour - typically overwhelms most people, and they feel that it requires a massive commitment on their part: quitting their job, selling their house, moving to a new country… some sort of big change to signify their commitment to their dream.

Starting a Business In The 21st Century

Starting a Business In The 21st Century

We live in a golden age of entrepreneurship. Now, more than ever before, it's easier to start a business, and easier than ever to scale that business to stratospheric heights.

Witness Uber. The darling of Silicon Valley (if not the media or the taxi industry) is just 6 years old yet has managed to achieve a market capitalization (the total value of its stock) of over $50 billion. That's 50 billion dollars in just over 6 years. That's higher than the market capitalization of GM, which was founded in 1908.

Another comparison? It took GM 30 years to reach a market cap of 1 billion. Uber? Just over 3.

The #1 Reason Why Businesses Fail

The #1 Reason Why Businesses Fail

Often, as entrepreneurs, when things are going poorly, we tend to think the problem is with our marketing, or with our sales process. Latch on to the right marketing plan, goes the thinking, or improve our sales funnel, and customers will start pouring in. 

If you've had success (i.e. growing revenue and profitability) in the past, this may indeed be the case, and you may just need some improvements to your marketing or sales funnel.

However, for most struggling businesses, problems with profitability and finding customers usually stem from a poorly thought out business model (for a fantastic, in-depth read on business models, check out this article from Harvard Business Review).

Breaking Through Fear

Breaking Through Fear

The past two weeks have been interesting to say the least.

Earlier this year, I made a promise to myself that I would work on overcoming some of my self-limiting fears. I wasn't exactly feeling stuck - I have a lot of great things going on - and I've never been one to shy away from risk, but I felt like there were some things that I wasn't pursuing because of fear.