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Tim FerrissTim Ferriss

The 4 Hour Workweek Revisited | The Tim Ferriss Show (Podcast)

My first book, The 4-Hour Workweek, recently celebrated its 10th anniversary. Thousands of you have asked me how I would update it today — and many have asked why I haven’t updated it since 2009. For this episode, I discuss common questions and misperceptions, and how I would adjust certain chapters and recommendations. Tim revisits The 4-Hour Workweek. Show notes: https://tim.blog/2018/02/02/the-4-hour-workweek-revisited/ SUBSCRIBE: http://bit.ly/1dSzTkW Intro [00:00] After 10 years, why has The 4-Hour Workweek enjoyed such longevity? [08:11] Why have I avoided making updates to the book in recent years? [13:27] That being said, what chapters would I be most inclined to refresh? [20:39] How can someone avoid being caught off guard by their own success? [30:31] What would 40-year-old me tell 29-year-old me to expect from publishing my first book? [39:58] How beginning this podcast helped me recover from a difficult time. [44:22] Resilience is important because failure can happen at any point. How does someone practice resilience? [47:01] How would I recommend approaching The 4-Hour Workweek for maximum impact? [55:07] About Tim Ferriss: Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 200 million downloads and been selected for “Best of iTunes” three years running. Connect with Tim Ferriss: Visit the Tim Ferriss PODCAST: https://bit.ly/2rYjUBr Visit the Tim Ferriss BLOG: http://bit.ly/17jDHw3 Like Tim Ferriss on FACEBOOK: http://on.fb.me/1avYUxq Follow Tim Ferriss on TWITTER: http://bit.ly/17d94TE Follow Tim Ferriss on INSTAGRAM: http://bit.ly/2IfH37J Follow Tim Ferriss on INSTAGRAM: http://bit.ly/2IfH37J

Tim Ferrisshost
Feb 26, 20181h 6mWatch on YouTube ↗

Summaries, chapters, transcripts, and FAQs on this page are made by uListen, not YouTube.

CHAPTERS

  1. 0:00 – 13:54

    Why The 4-Hour Workweek Has Lasted

    The interviewer asks why the book has had such longevity. Tim Ferriss says he isn't sure, but speculates that it was written very personally to two friends and that the how-to category attracts highlighting.

    • •Early drafts failed: first too academic, then too slapstick
    • •He rewrote the book as an email to two friends who shared his situation
    • •Readers often say it felt written just for them
    • •The narrow target audience later bled out to women and other ages
    • •Nonfiction how-to books tend to draw more highlights
  2. 13:54 – 21:02

    Why He Hasn't Updated the Book

    Ferriss explains his reasons for not revising the book: tools and tactics go out of date quickly, parts of the young author's voice make him cringe, and he fears breaking whatever makes the book work.

    • •Principles, strategies, and tools/tactics sit at different levels, and only tools change fast
    • •Readers should figure out tools themselves, since improvisation is required of entrepreneurs
    • •A forum for updates became a headache and was shut down
    • •The 29-year-old author was aggressive and had a lot to prove; the book was rejected by many publishers
    • •He doesn't want to tinker with its 'magic'; later books show the later Tim
  3. 21:02 – 25:03

    Which Sections Are Outdated and the 'Hug of Death'

    Asked which sections he would refresh, Ferriss points to automation and the testing/MVP components. He explains that recommending specific tools or services can overwhelm and ruin them.

    • •Automation, outsourcing, and muse testing sections are the most dated
    • •Recommended pens sell out and services get overwhelmed, the so-called hug of death
    • •Outsourcing services drop from five stars to one after a recommendation
    • •Tools built to scale, such as those on AWS, are safer to recommend
  4. 25:03 – 30:32

    Filling the Void: The Overlooked Chapter

    Asked what he would add, Ferriss says he would expand the Filling the Void chapter and make it mandatory reading. It addresses what to do after building an automated business and counters the beach-and-pina-colada misconception.

    • •Filling the Void covers what to do once material needs are met
    • •The 'sit on a beach forever' view misses the book's emphasis on contribution and legacy
    • •Many successful, location-independent people end up lonely and isolated
    • •Relaxing and building community are skills that need practice
    • •He is more qualified to write the chapter now after observing many highly successful people
  5. 30:32 – 40:44

    Preparing Mentally: Build a Sellable Business and Diversify Identity

    The interviewer asks how someone can prepare for success they may not fully believe in. Ferriss recommends first throwing a lot against the wall, then building a business you could sell, and diversifying your identity across independent silos.

    • •Try many things first so there is something to run 80/20 analysis on
    • •Build a business that could be sold to remove key-person risk and emphasize process
    • •Don't tie your wellbeing to a single business's good and bad days
    • •Keep separate silos such as a business, a physical practice with other people, and a creative pursuit
    • •Set these up before you need them, like ship compartments
  6. 40:44 – 47:50

    Advice to His 29-Year-Old Self

    Asked what he would tell his younger self, Ferriss says he wouldn't say much, to avoid stepping on the butterfly. He might say to dial back anxiety and trust that apparent failures can lead to something better.

    • •Small decisions are life-changing, so he'd hesitate to intervene
    • •He would tell his younger self to dial back anxiety by about 20%, though he doubts he'd listen
    • •Sometimes life saves you from what you want so you can get what you need
    • •The difficult launch of The 4-Hour Chef left him burned out
    • •That burnout led him to start the podcast, which he says has become bigger than his books combined
  7. 47:50 – 55:37

    Building Resilience: Stoicism, Default Questions, and Reframing

    Asked how to prepare for failure, Ferriss describes stoicism, Tony Robbins' idea of identifying default questions, and asking how to appreciate a situation as a gift. He also discusses not defaulting to fighting.

    • •Stoicism, including Seneca and Marcus Aurelius, as a toolkit for tempering reactivity
    • •Identify your default subconscious questions and craft new ones
    • •His current question: how can I appreciate this as a gift?
    • •It's more practical to be less easily offended than to make everyone else less offensive
    • •A friend's six-bullets thought exercise for limiting what you take on publicly
  8. 55:37 – 59:06

    How to Read the Book Today

    Ferriss gives advice for new or returning readers: look past the brash tone, treat the tools as practices to repeat, and focus on principles over tools and tactics. He says the concepts transfer even to people not building a business.

    • •If the aggressive tone annoys you, absorb the message without fixating on the messenger
    • •Fear-setting and 80/20 analysis are practices to repeat over time
    • •Focus on assumptions, principles, and strategies rather than specific tools
    • •Readers in fields like education, defense contracting, and law apply the principles without building a business
  9. 59:06 – 1:06:33

    Closing Notes and Sponsor Messages

    The interview ends with thanks, and Ferriss promotes his Five Bullet Friday email, followed by sponsor reads for Peloton and WeWork.

    • •Five Bullet Friday is a short weekly email at 4HourWorkweek.com
    • •Peloton offer with the code TIM
    • •WeWork offer at we.co/tim

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