November 25, 2007

The four hour-week

The four hour-week is possible according to Timothy Ferriss, a 30-year-old American who sells dietary supplements. In his book, The 4-hour Workweek, he talks about the "low-information diet" which means doing business by the phone and stop multi-tasking.
Here are his tips for a achieving a four hour-week
At least 80 per cent of your results come from at most 20 per cent of your effort. Cut back your client base to the most lucrative ones; ditch the rest

The nine-to-five day is an "illusion" driven by Parkinson's Law (the time taken for a task will swell to fill the time available)

Set yourself extremely short deadlines to force yourself to prioritise

Focus on a single task

Emails should be answered only once a day - Timothy Ferriss recommends 2pm and never first thing in the morning. Likewise, keep texting to a minimum. No web-surfing unless crucial

Conduct business by phone but keep the calls short

Outsource. Mr Ferriss uses "virtual assistants" in Bangalore, India, to answer routine emails
For me this this would only be possible if I was the only one in the office and didn't have a job where interaction with people over the phone, mail and Internet is what I do 90% of my day. If I was a programmer or author maybe, but not in project management. I wonder though, if those virtual assistants know Swedish?

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