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just an incredible book, well worth a read/listen. I'm a big fan of his other two as well. especially 4hb pulls no punches with the science behind the methods.
Great story and entertaining while teaching important life lessons. I read the book when it was first released and this audiobook still applies to today
This a fascinating book, no other words for it. It approaches an interesting topic (making money in a digital age) with new insights and ideas, all told with great energy by the narrator Ray Porter. Right at the outset Tim Ferriss makes it clear that his book is not about becoming a millionaire overnight or any 'Get Rich Quick' schemes, but is simply his own experiences of how he managed to reduce his work-hours and yet still earn enough to enjoy a lavish lifestyle. This is whet he means by 'New Rich'.
But there's the rub; many people reading this will be looking for ideas to help them break away from their 9-5 and, for me, the whole premise fell down when you realise that Ferriss already had an established successful online sales business when he came up with radical new ways to use technology and the digital market to minimise the time he needed to spend operating his business.
A keystone is the use of Virtual Assistants, and Ferriss is very positive about the services you can buy cheaply from India. Now I don't know when this book was written, but at the time of writing this review (Jan 2016) many companies are moving away from outsourcing to India due to the general poor quality of the services and goods provided, making the implied cost savngs unachievable as everything has to done 2-3 times (if you're lucky)
Some of Ferriss' ideas are interesting whereas others I just didn't follow. In one chapter he mentions how, if one of your dreams is a supercar, then these can be bought on credit at very good rates. This is true; as a former Aston-Martin owner I will agree ownership is indeed within most people's grasp. But as any 'supercar' owner will tell you, buying the car is the easy bit; keeping it is the challenge. A service on my DB7 started at £1000, throw in an oil change or a new part and you're well into the £2K mark. Plus, wouldn't having such a financial commitment make you more reliant on your 9-5, not less?
If you're looking for a change of direction work-wise this book is not for you; if you already have a successful business and are frustrated with the time it chews up then this book is definitely aimed at you
107 of 110 people found this review helpful
I started listening to this without any expectation and, at first, found it a bit condescending. However, once past the initial barrage of criticism of 'ordinary' people who go to work every day and look forward to retirement as their reward for all their hard graft, I found it really inspiring. He is right of course; sacrificing your happiness now in the hope that you can do / be all of the things you want to when you retire is pretty stupid. This book isn't so much a self help book in the common psychological sense, but real practical tips and advice on how to actually free up your time to do the things you want to do, with a sprinkling of inspiration just to whet your appetite. Turns out, I really enjoyed it and have started listening to it again :)
12 of 13 people found this review helpful