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<ul><li class="ql-align-justify">Set up systems that generate passive income, like online sales or subscriptions.</li><li class="ql-align-justify">Automate your business so it can make money while you sleep.</li><li class="ql-align-justify">Rely on income streams that don’t require constant attention.</li></ul>

6. Create Automated Income Streams

<ul><li class="ql-align-justify">Hire others to do the work you don’t need to do yourself.</li><li class="ql-align-justify">Use virtual assistants or freelancers to save time.</li><li class="ql-align-justify">Focus on your strengths and let others handle the details.</li></ul>

4. Outsource Tasks

<ul><li class="ql-align-justify">Take breaks and enjoy life now, rather than waiting for traditional retirement.</li><li class="ql-align-justify">Travel or pursue hobbies during extended vacations.</li><li class="ql-align-justify">Live a balanced life with time for both work and fun.</li></ul>

7. Mini-Retirements

<ul><li class="ql-align-justify">Challenge the traditional work culture. </li><li class="ql-align-justify">Focus on what really matters and stop wasting time.</li><li class="ql-align-justify">You don’t need to work long hours to achieve success.</li></ul>

1. Escape the 9-5

<ul><li class="ql-align-justify">Once you’ve built a business that doesn’t rely on your constant presence, you can achieve freedom.</li><li class="ql-align-justify">Enjoy the flexibility to live wherever you want and do what you love.</li><li class="ql-align-justify">Time freedom is the ultimate goal of the 4-Hour Workweek.</li></ul>

10. Liberation: Freedom of Time and Location

<ul><li class="ql-align-justify">Build a business that runs without constant involvement.</li><li class="ql-align-justify">Automate tasks and delegate work to others.</li><li class="ql-align-justify">Use technology and outsourcing to free up your time.</li></ul>

2. Create a Freedom-Based Business

<ul><li class="ql-align-justify">Don’t measure your success by how many hours you work.</li><li class="ql-align-justify">Focus on the outcomes and results you achieve.</li><li class="ql-align-justify">Work smarter, not harder, to get better results in less time.</li></ul>

9. Focus on Results, Not Time

<ul><li class="ql-align-justify">Build a business that allows you to work from anywhere.</li><li class="ql-align-justify">Use the internet to run your business without being tied to an office.</li><li class="ql-align-justify">Embrace location independence to experience more freedom.</li></ul>

5. Work Remotely

<ul><li class="ql-align-justify">Identify the 20% of tasks that give you 80% of the results.</li><li class="ql-align-justify">Eliminate or minimize the rest of the tasks that don’t contribute much.</li><li class="ql-align-justify">Focus on high-impact activities to get more done in less time.</li></ul>

3. Apply the 80/20 Rule

<ul><li class="ql-align-justify">Take action now rather than waiting for the "perfect" moment.</li><li class="ql-align-justify">Avoid procrastination by starting small and taking immediate steps.</li><li class="ql-align-justify">Make progress every day towards achieving your goals.</li></ul>

8. Don’t Wait for "Someday"

Ditch the 9-5: Discover How to Work Less!

What do you do? Tim Ferriss has trouble answering the question. Depending on when you ask this controversial Princeton University guest lecturer, he might answer: “I race motorcycles in Europe.” “I ski in the Andes.” “I scuba dive in Panama.” “I dance tango in Buenos Aires.” He has spent more than five years learning the secrets of the New Rich, a fast-growing subculture who has abandoned the “deferred-life plan” and instead mastered the new currencies—time and mobility—to create luxury lifestyles in the here and now. Whether you are an overworked employee or an entrepreneur trapped in your own business, this book is the compass for a new and revolutionary world. Join Tim Ferriss as he teaches you: • How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want • How blue-chip escape artists travel the world without quitting their jobs • How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist • How to trade a long-haul career for short work bursts and freuent "mini-retirements" • What the crucial difference is between absolute and relative income • How to train your boss to value performance over presence, or kill your job (or company) if it’s beyond repair • What automated cash-flow “muses” are and how to create one in 2 to 4 weeks • How to cultivate selective ignorance—and create time—with a low-information diet • What the management secrets of Remote Control CEOs are • How to get free housing worldwide and airfare at 50–80% off • How to fill the void and create a meaningful life after removing work and the office You can have it all—really. From the Hardcover edition.

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Productivity

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Personal Development

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Motivation & Inspiration

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Time Management

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Books

Tim Ferriss is author of three #1 NYT/WSJ bestsellers: The 4-Hour Workweek, The 4-Hour Body, and The 4-Hour Chef. He is also a start-up advisor specializing in positioning, PR, and marketing (Uber, Evernote, etc.). When not damaging his body with abusive sports, he enjoys chocolate, bear claws, and Japanese animation.

4. Outsource Tasks

Similar ideas to 4. Outsource Tasks

6. Delegate or outsource when possible

Commit to your tasks

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