Wednesday, September 5, 2007

15 Things I Learned from "The 4-Hour Workweek"

Eric Clemens, president of Acroment Technologies, and IT consultant extraordinaire, recently sent me a copy of The 4-Hour Workweek by Timothy Ferris.

I have to admit that I was highly skeptical of the title at first, but after devouring the book earlier this week on a trip to Vegas, I am pleased to report it has changed the way I look at success, and given me valuable insight into ways to increase the efficiency and productivity of our PR and marketing agency.

Some of the concepts are a bit far-fetched for service-based businesses like PR 20/20, but there are lessons to be learned for every professional, especially entrepreneurs.

Check out 15 of my favorite excerpts, and then grab a copy for yourself. I think you'll be pleasantly surprised:

  1. “Whenever you find yourself on the side of the majority, it is time to pause and reflect.” - Mark Twain
  2. “I can’t give you a surefire formula for success, but I can give you a formula for failure: try to please everybody all the time.” - Herbert Bayard Swope, American editor & journalist; first recipient of the Pulitzer Prize
  3. “Having an unusually larger goal is an adrenaline infusion that provides the endurance to overcome the inevitable trials and tribulations that go along with any goal.”
  4. “It is easy to get lost in minutiae, and the key to not feeling rushed is remembering that lack of time is actually lack of priorities.”
  5. “The end product of a shorter deadline is almost inevitably of equal or higher quality due to greater focus.”
  6. “Don’t ever arrive at the office or in front of your computer without a clear list of priorities.”
  7. “If you prioritize properly, there is no need to multitask. . . . Divided attention will result in more frequent interruptions, lapses in concentration, poorer net results and less gratification.”
  8. “Stop asking for opinions and start proposing solutions.”
  9. “An interruption is anything that prevents the start-to-finish completion of a critical task, and there are three principal offenders: time wasters (those things that can be ignored with little or no consequence), time consumers (repetitive tasks or requests that need to be completed but often interrupt high-level work) and empowerment failures (instances where someone needs approval to make something small happened).”
  10. “There is a psychological switching of gears that can require up to 45 minutes to resume a major task that has been interrupted.”
  11. “For the employee, the goal is to have full access to necessary information and as much independent decision-making ability as possible. For the entrepreneur, the goal is to grant as much information and independent decision-making ability to employees or contractors as possible.”
  12. “If you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake.” - Frank Wilczek, 2004 Nobel Prize winner in physics
  13. “Life is too short to waste, but it is also too long to be a pessimist or nihilist.”
  14. “Surround yourself with smiling, positive people. . .”
  15. [This one is my personal favorite] “Remembering that you are going to die is the best way I know to avoid the trap of thinking that you have something to lose.” - Steve Jobs, Stanford University Commencement, 2005

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