No matter if you are an employer or an employee: you probably think that you have to work harder and harder, the more the better, for a life, and then, at the end, when you will be 60, 65 or 70, you will enjoy the rent.
This is not what Ferris wanted. He experienced this way of life but decided that it was not for him.
He now works 4 hours each week and earns around 40.000 $ each month (at the beginning of his career he earned 40.000 $ each year, by working 80 hours a week). Well, it is not 100% clear to me wich job he does now, I only understand that he can work through a computer everywhere he is.
His suggestions are valid both for the ones who do not want to quit their current job and for the ones who cannot stand for it anymore. My opinion is that this model is not applicable to Italian working system, it requires too much flexibility from the company owners: if you show that you can do the job in half the time, the owner won’t give you the other hours from free, but he will double your work;-)
Anyway I believe that every want-to-be leader should read this book, at least to learn the meeting rules that will avoid you to lose time!! Please do, time wasting is not only money wasting… at least for the parts where he underlines the need to fix the duration and to inform the colleagues about the topics.
Another suggestion that is often difficult to let the sales leaders understand, is that you have not to accept each customer all around the world. Please remember the Pareto rule: the 20% of the clients made the 80% of the turnover! Why are you wasting time and peaceful minds to follow up clients who do little and make you angry at the end of the day??
Well, Tim Ferriss also suggests to lower at the lowest level the… customer care. This can be partially done through the Pareto Rule but then…. well, Tim, customer care is my job. After having cut all time spending activities, how can I spare more time to focus on the 20% customers?
Answer: I cannot. I am just an employee.
And last but not least: Ferris you are Young and have no experience in children at all. Believe me, with children is not that simple.