Over the last few weeks, I have quietly been reading The 4-Hour Workweek. A book that teaches you how to become part of the New Rich.
The New Rich is a group of people that use the power of automation and mobility to generate income in far less time than the normal 9 – 5 job. Best of all, it provides a way to travel the world without feeling stuck at home due to your “real job.”
After finishing it, I decided to contact Tim Ferriss to do an interview for my blog. I figured it would benefit my readers (yes you) and give a little insight into his lifestyle.
Well guess what? He agreed to do the interview via e-mail. So I put together some questions to ask him and fired away.
So let’s get at it, I’ll start with a brief introduction.
“Timothy Ferriss, nominated as one of Fast Company’s “Most Innovative Business People of 2007,” is author of the #1 New York Times, Wall Street Journal, and BusinessWeek bestseller, The 4-Hour Workweek, which has been sold into 33 languages.
He has been featured by more than 100 media outlets, including The New York Times, The Economist, TIME, Forbes, Fortune, CNN, and CBS. He speaks six languages, runs a multinational firm from wireless locations worldwide, and has been a popular guest lecturer at Princeton University since 2003, where he presents entrepreneurship as a tool for ideal lifestyle design and world change.”
As you can see, he’s a pretty productive guy. He does a ton of traveling which is what made me check out the book in the first place.
Justin: I have had a few tipping points in the office that eventually led me to leaving my office job recently. What was your tipping point that made you reevaluate your career and come up with your new lifestyle?
Tim: Two things. First, having a new sales manager come into the start-up office in 2001 and drop a phone book on my cubicle desk with “Better get to smiling and dialing. Start with A.” Second, having a long-term girlfriend offer me a plaque (no joke) as a Dear John letter. It read: “Business Hours End at 5pm!!!” I was working then in 2004 from 7am to 9pm.
Justin: How long did you have the idea of writing The Four Hour Work Week before you actually started working on it?
Tim: Once the idea kept me up 2-3 nights in a row, while in Buenos Aires, I jumped online to research the publishing process and wrote a draft book proposal within 2 weeks or so. To get an agent then took about 4 months, after which the book was sold in around 4 weeks. But not after it had been rejected by 14 out of 15 publishers. Then the writing began.
Justin: I have been thinking about writing a book myself. Do bloggers have any sort of advantage when it comes to getting published?
Tim: An audience. Their disadvantage is that they 1) tend not to be able to structure anything over 1,000 words, and 2) they split their time between the book and blog and end up with mediocre books.
Justin: Traveling is something I love to do as often as I can. What do you think is the best way for a blogger like myself to generate income while traveling around the world?
Tim: For a blogger? Develop a strong niche and get one or two companies to sponsor your blog. Option 2 of hundreds, develop a travel angle for specific posts and get others (companies to be featured) to finance your travel. I’ve seen it done many times. In a “you can have A or B, but not both”, it often pays to look for the C option. I’d rather never have to spend money vs. making a lot of it. Less taxes : )
Justin: Would you ever be willing to do a guest post on my blog, Life of Justin? It’s okay to say no : )
Tim: Never say never, but the next 1-2 years will be tough : )
And that concludes the interview. Now…
Check Out The Book
Now that you know a little more about Tim and his book, go check out The 4-Hour Workweek. I promise it is a great book and will teach you a lot of things to save some time in your business and personal life. And don’t forget to check out my books page for some more recommended reading.
Have You Read the book? What Are Your Thoughts?