The 4-Hour Workweek Ideas — 13 Errors to Keep away from, The Artwork of Mini-Retirements, and Navigating the Dizziness of Freedom (#836)

Welcome to a different episode of The Tim Ferriss Present. 

This time round, we now have a little bit of a special format, that includes the ebook that began all of it for me, The 4-Hour Workweek. Regardless that it was printed in 2007, it was one in all Amazon’s top-10 Most Highlighted Books of All Time final time I checked in 2017. 

Readers and listeners usually ask me what I might change or replace, however an equally attention-grabbing query is: what wouldn’t I alter? What stands the check of time and hasn’t misplaced any efficiency? 

This episode options three timeless chapters from the audiobook of The 4-Hour Workweek:

1) The chapter on taking mini-retirements, which challenges the deferred-life plan and exhibits you the way to distribute restoration and journey all through life as a substitute of saving all of it for retirement.

2) “Filling the Void,” which addresses what occurs once you truly obtain life-style design and the sudden emotional and philosophical challenges of getting loads of time in your fingers.

3) “13 Errors of the New Wealthy,” the place I outlined the commonest pitfalls I’ve seen folks encounter when implementing the ebook’s ideas.

The chapters are narrated by the nice voice actor Ray Porter. If you’re concerned about trying out the remainder of the audiobook, which is produced and copyrighted by Blackstone Publishing, you’ll find it on Audible, Apple, Google, Spotify, Downpour.com, or wherever you discover your favourite audiobooks.

Please get pleasure from!

This episode is delivered to you by:

• Gusto easy and straightforward payroll, HR, and advantages platform utilized by 400,000+ companies
• Momentous high-quality creatine for cognitive and muscular assist
• Shopify world commerce platform, offering instruments to begin, develop, market, and handle a retail enterprise
• Coyote the cardboard sport​, which I co-created with Exploding Kittens

Further podcast platforms

Take heed to this episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, YouTube Music, Amazon Music, Audible, or in your favourite podcast platform.

SELECTED LINKS FROM THE EPISODE

Meditation, Retreats, and “Slowing Down” Sources

Charity, Philanthropy, and Volunteering Sources

Folks, Books, and Concepts

Folks and Case Research

• Josh Steinitz – NileProject.com: Most cancers survivor turned world vagabond and cofounder of a website offering personalized itineraries to vacationers.
• Jen Errico: Single mom who took her two youngsters on a five-month world tour and later deliberate a transfer to a European ski chalet.
• Robin Malinosky-Rummell: Traveled by means of South America for a 12 months together with her husband and seven-year-old son, together with time in Patagonia.

Chosen Journey, Locations, and Experiences

• Smithsonian Tropical Analysis Island, Panamá: Non-public island journey with native fishermen and hidden dive spots (tied to the Smithsonian Tropical Analysis Institute).
• Mendoza wine nation, Argentina: Location for chartering a non-public airplane over vineyards and the snowcapped Andes.
• Baffin Island, Nunavut: Arctic location the place Josh watches narwhals from sea ice.
• Narwhals: Uncommon whales (“unicorns of the ocean”) with spiral tusks; central to the Baffin Island story.
• Baños, Ecuador: Volunteer website for constructing wheelchairs.
• Suriname: Volunteer website for shepherding leatherback sea turtles.
• Really useful “vagabonding” beginning factors: Argentina (Buenos Aires, Córdoba); China (Shanghai, Hong Kong, Taipei); Japan (Tokyo, Osaka); England (London); Eire (Galway); Thailand (Bangkok, Chiang Mai); Germany (Berlin, Munich); Norway (Oslo); Australia (Sydney); New Zealand (Queenstown); Italy (Rome, Milan, Florence); Spain (Madrid, Valencia, Sevilla); Holland (Amsterdam).

TIMESTAMPS

• [00:00:00] Begin.
• [00:02:31] Mini-retirements: embracing the cellular life-style.
• [00:09:22] The delivery of mini-retirements and the loss of life of holidays.
• [00:11:03] The choice to binge touring.
• [00:16:14] Purging the demons: emotional freedom.
• [00:18:43] The monetary realities: it simply will get higher.
• [00:24:24] Concern components: overcoming excuses to not journey.
• [00:30:08] When extra is much less: reducing the muddle.
• [00:39:29] The Bora-Bora dealmaker.
• [00:43:11] Questions and actions.
• [00:44:22] Take an asset and cash-flow snapshot.
• [00:45:02] Concern-set a one-year mini-retirement in a dream location in Europe.
• [00:48:38] Put together to your journey.
• [00:59:42] Including life after subtracting work.
• [01:01:51] Melancholy and tedium: it’s regular.
• [01:05:31] Frustrations and doubts: you’re not alone.
• [01:12:01] The purpose of all of it.
• [01:13:37] Studying limitless: sharpening the noticed.
• [01:17:24] Service for the precise causes.
• [01:20:05] Questions and actions.
• [01:22:46] Make an nameless donation to the service group of your alternative.
• [01:24:05] Take a studying mini-retirement together with native volunteering.
• [01:28:42] The highest 13 new wealthy errors.

This episode is delivered to you by Gusto! For those who’re a small enterprise proprietor trying to simplify payroll and HR duties, Gusto may very well be the game-changer you want. Gusto is an all-in-one payroll, advantages, and HR platform designed particularly for small companies. Gusto mechanically recordsdata federal, state, and native payroll taxes, handles W-2s and 1099s, and affords simple well being advantages and 401(okay) choices for almost any price range. With an intuitive interface and options like time monitoring, onboarding instruments, and direct entry to licensed HR consultants, Gusto saves time and eliminates complications so you possibly can deal with what issues—rising your small business. ​As a particular supply to lsteners, new clients get Gusto free for his or her first 3 months. That is the right time to decide on Gusto to maintain your crew and keep compliant. See for your self why 9 out of 10 companies advocate it. Get began now! Phrases apply at Gusto.com/phrases.

This episode is delivered to you by Momentous high-quality creatine! I’ve lengthy benefitted from creatine for athletic and health club efficiency, and now I’m rising my every day consumption to benefit from the cognitive advantages as nicely. A pilot research in Alzheimer’s sufferers demonstrated that supplementing can improve mind creatine ranges in simply 8 weeks, bettering measures of reminiscence, reasoning, and a focus. And a double-blind, placebo-controlled research discovered that creatine can restore facets of reminiscence and a focus inside hours in adults who’re sleep disadvantaged. I exploit Momentous Creatine made with Creapure®, which is sourced from Germany and has the strictest lab requirements to make sure it’s not less than 99.9% pure. And check out Momentous’s Creatine Chews—clear, chewable tablets with 1 gram of Creapure® creatine per chew—and their whey protein isolate and magnesium threonate, all of which meet their similar, exacting requirements. Take a look at Momentous for your self and stand up to 35% off your first subscription order with code TIM at LiveMomentous.com/Tim. 

This episode is delivered to you by Shopify! Shopify is one in all my favourite platforms and one in all my favourite firms. Shopify is designed for anybody to promote wherever, giving entrepreneurs the sources as soon as reserved for giant enterprise. Very quickly flat, you possibly can have a great-looking on-line retailer that brings your concepts to life, and you’ll have the instruments to handle your day-to-day and drive gross sales. Go to shopify.com/Tim to enroll in a one-dollar-per-month trial interval. It’s an important deal for an important service, so I encourage you to test it out. Take your small business to the subsequent stage at present by visiting shopify.com/Tim.

Need extra timeless instruments from The 4-Hour Workweek? Take heed to this episode on The Artwork of Refusal and The Low-Info Food plan. These elimination methods are the muse that creates the liberty for mini-retirements — instructing you the way to defend your most useful useful resource (time) by saying no to each folks and the limitless stream of data competing to your consideration.