The 4-Hour Workweek by Timothy FerrissWhat do you do? Tim Ferriss has trouble answering the question. Depending on when you ask this controversial Princeton University guest lecturer, he might answer: I race motorcycles in Europe. I ski in the Andes. I scuba dive in Panama. I dance tango in Buenos Aires. He has spent more than five years learning the secrets of the New Rich, a fast-growing subculture who has abandoned the deferred-life plan and instead mastered the new currencies-time and mobility-to create luxury lifestyles in the here and now. Whether you are an overworked employee or an entrepreneur trapped in your own business, this book is the compass for a new and revolutionary world.
Join Tim Ferriss as he teaches you:
- How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want?
- How blue-chip escape artists travel the world without quitting their jobs?
- How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist?
- How to trade a long-haul career for short work bursts and freuent mini-retirements?
- What the crucial difference is between absolute and relative income?
- How to train your boss to value performance over presence, or kill your job (or company) if its beyond repair?
- What automated cash-flow muses are and how to create one in 2 to 4 weeks?
- How to cultivate selective ignorance-and create time-with a low-information diet?
- What the management secrets of Remote Control CEOs are?
- How to get free housing worldwide and airfare at 50-80% off?
- How to fill the void and create a meaningful life after removing work and the office
The Pros and Cons of a 4 Day Working Week
You may have seen reports in the press recently about how Sweden plans to adopt a 6 hour working day. It turns out that it is not a nationwide legislation, but merely a few select businesses trialling the idea and one ongoing trial in nursing. Perhaps the Swedish report was a bit of a non-story, even though the results of the small studies were very encouraging, but it has revived the debate over working hours in the UK and Europe generally which has to be a good thing. This is perhaps why the story of a shorter working week received so much attention. The comprehensive study analysed data from 25 separate studies that monitored health of over , people from the US, Europe, and Australia for up to 8. A separate study found that working hour weeks was associated with poorer mental health, particularly in women. So, before the research confirmed it, workers were already aware that reducing their working hours could benefit their health and general stress levels.
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Work-life balance has always been a struggle. Does it work? Can people accomplish the same amount in four days as they can in five? In his own time, Keynes saw the rise of industrialization and assumed the trend toward more efficient work methods would continue. As an attractive fantasy to beleaguered workers throughout the century, the idea never quite left the public consciousness. In subsequent years, revisions have eroded much of the original laws.
Numerous companies around the globe have decided to introduce a hour workweek for their employees. Amazon made headlines in when it announced that some team leaders would be working 30 hours a week with a corresponding cut in pay but without a blow to their benefits. Other companies have cut back on employee hours by introducing a four-day, or 32 hour, workweek. Sweden is a country where an abbreviated workweek has found success; less than one percent of employees exceed 50 hours per week, and a significant handful of businesses make six-hour work days an option. The Netherlands is the country with the lowest average annual number of hours worked; the average there is 1,