LESSON 1: The ‘New Rich’ concept.
The 4-Hour Work Week by Tim Ferriss is a great blueprint for designing your lifestyle. Following a simple step-by-step process, and working efficiently, we can easily adopt this lifestyle to reinvent ourselves. The ‘New Rich’ are those people who abandon the traditional life plan and live a luxurious life, assisted by mobility and time. Most people sacrifice their youth for an ideal post-retirement life. They follow a monotonous routine which involves sitting in a cubicle for eight hours, returning home, and repeating the process every day till retirement.
Ferriss calls these people ‘deferrers’ as they postpone life instead of living each day as if it’s their last. Instead of enjoying the pleasures of life today, they work hard and save money for an uncertain tomorrow. Savings are undoubtedly important. However, no amount of money can be equated to the amount of work we do in our lifetime. Ferriss gives us the example of a man he met on a flight from Las Vegas, Mark. He could be called a successful man in the traditional sense of the word. He had managed gas stations, stores, and casinos. He wore an expensive diamond ring and frequented Vegas where he spent over half a million dollars. However, the bling on the outside couldn’t hide that he was dead from within. He disliked his jobs and never had happy relationships.
Instead of living his life to the fullest each day, he had deferred and suffered through his best years. Despite living like a king, there wasn’t much meaning left in his life.
One doesn’t need bags of money to live like a millionaire. The New Rich emphasizes living life for today. Dreams are not meant to be deferred, for they rot and weigh us down. It's high time we realize that our dream is now. The millionaire lifestyle might look appealing with expensive travels, and exquisite food. However, what we require are two things, freedom and free time. And we don’t need a million dollars to have these.
Flexibility and Mobility constitute the key to a luxurious life. They are what we need, to live life like a big-shot. Despite these factors being easily achievable, we cannot attain it by working a standard 9 to 5 job.
LESSON 2: Defining the rules to our life.
Ferriss outlines a new way of living and working, that involves cutting down on wasteful effort by focusing your energy on what matters. The New Rich dismisses the orthodox ideas of the working world.<span style="font-weight:
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