hey guys it’s Theodore from practical psychology and today we’re going to be
psychology and today we’re going to be
psychology and today we’re going to be doing an animated book review of the
doing an animated book review of the
doing an animated book review of the 4-hour workweek for believe nation the
4-hour workweek for believe nation the
4-hour workweek for believe nation the 4-hour workweek is written by Timothy
4-hour workweek is written by Timothy
4-hour workweek is written by Timothy Ferriss now Tim is an awesome guy who
Ferriss now Tim is an awesome guy who
Ferriss now Tim is an awesome guy who loves getting more results from less
loves getting more results from less
loves getting more results from less input and he is known for all of his
input and he is known for all of his
input and he is known for all of his awesome life hacks imagine running a
awesome life hacks imagine running a
awesome life hacks imagine running a business outsourcing your life and
business outsourcing your life and
business outsourcing your life and creating a full-time income for only
creating a full-time income for only
creating a full-time income for only four hours a week of work while
four hours a week of work while
four hours a week of work while traveling to exotic places to scuba dive
traveling to exotic places to scuba dive
traveling to exotic places to scuba dive tango dance and practice MMA Fighting’s
tango dance and practice MMA Fighting’s
tango dance and practice MMA Fighting’s this is very possible Tim did it and he
this is very possible Tim did it and he
this is very possible Tim did it and he gives us tips in this book so we can
gives us tips in this book so we can
gives us tips in this book so we can learn how to do it too the first thing
learn how to do it too the first thing
learn how to do it too the first thing that resonated with me was that Tim says
that resonated with me was that Tim says
that resonated with me was that Tim says that most people choose unhappiness over
that most people choose unhappiness over
that most people choose unhappiness over uncertainty many people would rather
uncertainty many people would rather
uncertainty many people would rather work a nine-to-five job they hate than
work a nine-to-five job they hate than
work a nine-to-five job they hate than have an unreliable paycheck if you’re an
have an unreliable paycheck if you’re an
have an unreliable paycheck if you’re an entrepreneur you cannot breathe doing
entrepreneur you cannot breathe doing
entrepreneur you cannot breathe doing this he also says that many people have
this he also says that many people have
this he also says that many people have very low goals and because of that they
very low goals and because of that they
very low goals and because of that they fail you see when someone sets a really
fail you see when someone sets a really
fail you see when someone sets a really high goal there is less competition and
high goal there is less competition and
high goal there is less competition and you’re instantly more likely to win
you’re instantly more likely to win
you’re instantly more likely to win there are only two things that can
there are only two things that can
there are only two things that can happen wherever you set a high goal
happen wherever you set a high goal
happen wherever you set a high goal either you succeed or you learn and with
either you succeed or you learn and with
either you succeed or you learn and with this kind of mentality you will win
this kind of mentality you will win
this kind of mentality you will win basically Tim is telling you this
basically Tim is telling you this
basically Tim is telling you this because most people can find 2 to 4
because most people can find 2 to 4
because most people can find 2 to 4 extra hours in their day to either start
extra hours in their day to either start
extra hours in their day to either start or grow a simple business money machine
or grow a simple business money machine
or grow a simple business money machine that can send them on these awesome
that can send them on these awesome
that can send them on these awesome exotic resorts and getaways they put in
exotic resorts and getaways they put in
exotic resorts and getaways they put in the extra work and truly believe that
the extra work and truly believe that
the extra work and truly believe that it’s possible most people aren’t looking
it’s possible most people aren’t looking
it’s possible most people aren’t looking for a million-dollar house or a Ferrari
for a million-dollar house or a Ferrari
for a million-dollar house or a Ferrari or even a free trip to the Bahamas
or even a free trip to the Bahamas
or even a free trip to the Bahamas instead what they’re looking for is to
instead what they’re looking for is to
instead what they’re looking for is to cure their boredom that’s where the
cure their boredom that’s where the
cure their boredom that’s where the 4-hour workweek is all about giving you
4-hour workweek is all about giving you
4-hour workweek is all about giving you the freedom to stimulate your mind and
the freedom to stimulate your mind and
the freedom to stimulate your mind and love living your life for me learning is
love living your life for me learning is
love living your life for me learning is my drive and offering book reviews like
my drive and offering book reviews like
my drive and offering book reviews like this on my channel is just a way I can
this on my channel is just a way I can
this on my channel is just a way I can make a living out of it and make an
make a living out of it and make an
make a living out of it and make an impact on people let’s talk about
impact on people let’s talk about
impact on people let’s talk about something really important Tim advises
something really important Tim advises
something really important Tim advises going on the low information diet he
going on the low information diet he
going on the low information diet he says most of the information we gather
says most of the information we gather
says most of the information we gather throughout the day falls in four
throughout the day falls in four
throughout the day falls in four categories time consuming negative
categories time consuming negative
categories time consuming negative relevant to your goals or outside of
relevant to your goals or outside of
relevant to your goals or outside of your influence
watching soap box operas time-consuming
watching soap box operas time-consuming watching the news late at night about a
watching the news late at night about a
watching the news late at night about a guy who has stabbed 47 times last month
guy who has stabbed 47 times last month
guy who has stabbed 47 times last month negative listening to the radio about
negative listening to the radio about
negative listening to the radio about bombings in a country halfway across the
bombings in a country halfway across the
bombings in a country halfway across the globe outside of your influence and also
globe outside of your influence and also
globe outside of your influence and also negative read about that new deadly
negative read about that new deadly
negative read about that new deadly virus vaccine irrelevant to your goals
virus vaccine irrelevant to your goals
virus vaccine irrelevant to your goals in fact he challenges you to find one
in fact he challenges you to find one
in fact he challenges you to find one out of 10 things that you watch hear or
out of 10 things that you watch hear or
out of 10 things that you watch hear or read throughout the day that aren’t one
read throughout the day that aren’t one
read throughout the day that aren’t one of these remove stuff like this from
of these remove stuff like this from
of these remove stuff like this from your life and you’ll quickly be on the
your life and you’ll quickly be on the
your life and you’ll quickly be on the right path tim says another big concept
right path tim says another big concept
right path tim says another big concept that Tim talks about is automation and
that Tim talks about is automation and
that Tim talks about is automation and outsourcing I remember when I was
outsourcing I remember when I was
outsourcing I remember when I was growing up my dad had a friend who had
growing up my dad had a friend who had
growing up my dad had a friend who had spent three hours a week trimming and
spent three hours a week trimming and
spent three hours a week trimming and mowing his yard he was a lawyer mind you
mowing his yard he was a lawyer mind you
mowing his yard he was a lawyer mind you so he could easily earn a hundred
so he could easily earn a hundred
so he could easily earn a hundred dollars an hour if he worked overtime it
dollars an hour if he worked overtime it
dollars an hour if he worked overtime it would be so easy for him to hire a high
would be so easy for him to hire a high
would be so easy for him to hire a high school student to do the same task for
school student to do the same task for
school student to do the same task for 30 dollars and if he did this he could
30 dollars and if he did this he could
30 dollars and if he did this he could work overtime and make a profit of 270
work overtime and make a profit of 270
work overtime and make a profit of 270 dollars with this time now this is
dollars with this time now this is
dollars with this time now this is different if you enjoy doing stuff like
different if you enjoy doing stuff like
different if you enjoy doing stuff like this and if there is value to you of
this and if there is value to you of
this and if there is value to you of doing it but he is always complaining
doing it but he is always complaining
doing it but he is always complaining about how you have to dig up weeds and
about how you have to dig up weeds and
about how you have to dig up weeds and resprayed his seat
resprayed his seat
resprayed his seat the basic idea here is that you should
the basic idea here is that you should
the basic idea here is that you should spend your time doing things that are
spend your time doing things that are
spend your time doing things that are the most value to you and one of the
the most value to you and one of the
the most value to you and one of the ways you can do this is by outsourcing
ways you can do this is by outsourcing
ways you can do this is by outsourcing your tasks tim mentions hiring a virtual
your tasks tim mentions hiring a virtual
your tasks tim mentions hiring a virtual assistant before i start talking about
assistant before i start talking about
assistant before i start talking about these let me tell you that it can be
these let me tell you that it can be
these let me tell you that it can be very difficult to find a quality VA most
very difficult to find a quality VA most
very difficult to find a quality VA most of the time they’re overseas and in
of the time they’re overseas and in
of the time they’re overseas and in different time zones some have trouble
different time zones some have trouble
different time zones some have trouble communicating in english the time and
communicating in english the time and
communicating in english the time and energy you save is definitely worth it
energy you save is definitely worth it
energy you save is definitely worth it these hired hands can do anything from
these hired hands can do anything from
these hired hands can do anything from web research to writing articles to even
web research to writing articles to even
web research to writing articles to even remembering birthdays and automating
remembering birthdays and automating
remembering birthdays and automating Amazon purchases if you trust them
Amazon purchases if you trust them
Amazon purchases if you trust them enough the idea here is outsourcing give
enough the idea here is outsourcing give
enough the idea here is outsourcing give low return or repetitive tasks to
low return or repetitive tasks to
low return or repetitive tasks to someone else for a price evan has a team
someone else for a price evan has a team
someone else for a price evan has a team and he can do this great he can put
and he can do this great he can put
and he can do this great he can put notes together set up the video details
notes together set up the video details
notes together set up the video details and have his team worry about the rest
and have his team worry about the rest
and have his team worry about the rest of the details this is how he’s able to
of the details this is how he’s able to
of the details this is how he’s able to create so much content so quickly this
create so much content so quickly this
create so much content so quickly this is the whole idea of the 4-hour workweek
is the whole idea of the 4-hour workweek
is the whole idea of the 4-hour workweek to outsource your tasks for a profit
to outsource your tasks for a profit
to outsource your tasks for a profit whether that be money or meaning or
whether that be money or meaning or
whether that be money or meaning or adding value to someone’s else’s life
adding value to someone’s else’s life
adding value to someone’s else’s life remember that profit is different for
remember that profit is different for
remember that profit is different for everyone
everyone
everyone profit can be 100 thousand dollars a
profit can be 100 thousand dollars a
profit can be 100 thousand dollars a year profit can be making an impact on
year profit can be making an impact on
year profit can be making an impact on 1,000 people’s lives profit could be
1,000 people’s lives profit could be
1,000 people’s lives profit could be spending a month vacation with your
spending a month vacation with your
spending a month vacation with your family
family
family lastly I’d like to give you a few tips
lastly I’d like to give you a few tips
lastly I’d like to give you a few tips about product creation Tim made his
about product creation Tim made his
about product creation Tim made his quick buck selling cognitive supplements
quick buck selling cognitive supplements
quick buck selling cognitive supplements he sold them to people and had his team
he sold them to people and had his team
he sold them to people and had his team worry about the details he had the
worry about the details he had the
worry about the details he had the original idea and took the risk to start
original idea and took the risk to start
original idea and took the risk to start the company so he gained the reward when
the company so he gained the reward when
the company so he gained the reward when it succeeded he suggests pricing a
it succeeded he suggests pricing a
it succeeded he suggests pricing a product between 50 and 200 dollars
product between 50 and 200 dollars
product between 50 and 200 dollars simply because most of the people that
simply because most of the people that
simply because most of the people that are willing to pay that amount won’t
are willing to pay that amount won’t
are willing to pay that amount won’t complain about the small details once
complain about the small details once
complain about the small details once they buy the product and this is proven
they buy the product and this is proven
they buy the product and this is proven through his research you will also have
through his research you will also have
through his research you will also have to spend less and manufacturing
to spend less and manufacturing
to spend less and manufacturing thousands of products opposed to a few
thousands of products opposed to a few
thousands of products opposed to a few hundred one of the easiest and best ways
hundred one of the easiest and best ways
hundred one of the easiest and best ways to do this is to create a knowledge
to do this is to create a knowledge
to do this is to create a knowledge product instead of creating a physical
product instead of creating a physical
product instead of creating a physical product you can create a knowledge
product you can create a knowledge
product you can create a knowledge product like an e-book or a series of
product like an e-book or a series of
product like an e-book or a series of videos in which you can sell to the user
videos in which you can sell to the user
videos in which you can sell to the user those that do well either teach the end
those that do well either teach the end
those that do well either teach the end user something or entertain the user
user something or entertain the user
user something or entertain the user they get rid of our first problem to end
they get rid of our first problem to end
they get rid of our first problem to end boredom there is no recurring fee to
boredom there is no recurring fee to
boredom there is no recurring fee to create this kind of product and you can
create this kind of product and you can
create this kind of product and you can sell it an unlimited amount of times
sell it an unlimited amount of times
sell it an unlimited amount of times evan is doing a great job creating all
evan is doing a great job creating all
evan is doing a great job creating all of these videos simply because they will
of these videos simply because they will
of these videos simply because they will last forever the impact he has on
last forever the impact he has on
last forever the impact he has on everyone else’s lives who watch these
everyone else’s lives who watch these
everyone else’s lives who watch these videos will last forever
videos will last forever
videos will last forever can you imagine showing your
can you imagine showing your
can you imagine showing your grandchildren something that you created
grandchildren something that you created
grandchildren something that you created unless there is something like a black
unless there is something like a black
unless there is something like a black hole or a catastrophic internet failure
hole or a catastrophic internet failure
hole or a catastrophic internet failure everything he creates all the content he
everything he creates all the content he
everything he creates all the content he creates online will be available forever
creates online will be available forever
creates online will be available forever one other thing that Tim suggests is
one other thing that Tim suggests is
one other thing that Tim suggests is setting up a fake sales page and
setting up a fake sales page and
setting up a fake sales page and allowing potential customers to click
allowing potential customers to click
allowing potential customers to click all the way through the buying process
all the way through the buying process
all the way through the buying process until they get to a screen that says
until they get to a screen that says
until they get to a screen that says sorry we’re out of stock and using some
sorry we’re out of stock and using some
sorry we’re out of stock and using some handy web tools you can see how many
handy web tools you can see how many
handy web tools you can see how many people would have bought the product if
people would have bought the product if
people would have bought the product if it was available now the cool thing
it was available now the cool thing
it was available now the cool thing about this trick is that you don’t
about this trick is that you don’t
about this trick is that you don’t actually have to have a product yet you
actually have to have a product yet you
actually have to have a product yet you can see who would buy your product if
can see who would buy your product if
can see who would buy your product if you made it you can even set it up so
you made it you can even set it up so
you made it you can even set it up so that it’ll send them an email after you
that it’ll send them an email after you
that it’ll send them an email after you make the product or when you
make the product or when you
make the product or when you quote-unquote restock I’m so glad Evan
quote-unquote restock I’m so glad Evan
quote-unquote restock I’m so glad Evan gave me the opportunity to speak and
gave me the opportunity to speak and
gave me the opportunity to speak and give value to this awesome community I
give value to this awesome community I
give value to this awesome community I hope I added value to your life to the
hope I added value to your life to the
hope I added value to your life to the time you have given me and if you want
time you have given me and if you want
time you have given me and if you want more awesome book reviews like this
more awesome book reviews like this
more awesome book reviews like this check out my channel at practical
check out my channel at practical
check out my channel at practical psychology in the description below if
psychology in the description below if
psychology in the description below if you’ve ever hired a VA or outsourced to
you’ve ever hired a VA or outsourced to
you’ve ever hired a VA or outsourced to any task leave a comment below
any task leave a comment below
any task leave a comment below describing your experience and thanks
describing your experience and thanks
describing your experience and thanks for
”
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