Category: Career Advice
Created on Thursday, 24 February 2011 00:00
Written by Winnie Tan
How nice, you would think. But the skeptic in most of us would immediately disregard the feasibility of what author Tim Ferriss preaches – the premise of working for 40 years to fund a 20-year retirement – is possible to avoid. So what's the big DEAL about Ferriss's book. Well, he literally explains it with the acronym DEAL.
D is for Definition. First define what makes you happy – the opposite of happiness isn't sadness. It's boredom, he says – and what is it that you really want. Then face your fears, or what's holding you back, right on by seeing beyond what others or society wants and focusing on what you want instead. Here, Ferriss defines it as studying and coaching lifestyle design, a life that balances and maximises the potential and benefits of both work and play.
E is for Elimination. Following the Pareto Principle, more commonly known as the 80-20 rule, Ferriss advocates ruthlessly eliminating tasks that distract you from your main tasks, or worse, waste your time. The man himself left his good-paying job at a tech firm and dived right into writing and coaching about lifestyle design. He eventually became a popular author and coach.
A is for Automate. So, some menial tasks that distract you cannot be avoided. Ferriss suggests outsourcing these tasks to an overseas virtual assistant for a mere USD5 per hour, cultivating selective ignorance, and develop some practices that can run on auto-pilot.
Last but not the least, L is for Liberate yourself from what others expect from you, or even what you are doing to keep yourself in the mainstream, because that might not be what you really want.
In summary, the 4-Hour Workweek is a bit of a misnomer. Author Tim Ferriss defines work in terms of figuring out what he wants and argues convincingly with examples and analogies from his fulfilling yet sustainable lifestyle life. However, and unfortunately, not all of us are like Ferriss so extract the valuable pieces of advice that work for you and take the rest with a pinch of salt. You might also like: The Art of Non-Conformity
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