Escape 9-5, Live Anywhere, and Join the New Rich
Ratings213
Average rating3.5
What 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 it's 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
Reviews with the most likes.
Honestly... this book felt like a bit of a joke to me? Roughly the contents of the book are as follows:
* The first third of the book talks about how you can be a jerk to your colleagues
* Ferriss very enthusiastically recommends everyone to get a virtual assistant (VA) in India who you can pay dirt cheap to do your actual job for you (and also send your spouse gifts if/when they get mad you)
* In the last third of the book, it shifts gears and starts becoming more of a travel book. Ferriss recommends everyone to move to Southeast Asia or Central or South America where the cost of living is much cheaper than in North America or Western Europe. This assumes that everyone can do that easily, but people like me and so many other who have weak passports can't just pick up their bags and move to a different country. I don't think everyone would want to just pack up and move around the world either.
Overall this book feels like it was written from a privileged viewpoint without regard to the fact that the world is so diverse and people come from all sorts of backgrounds. I'm really surprised that this ended up becoming such a big hit and was even on multiple best sellers list. There are actual small bits of useful productivity tips sprinkled throughout the book but overall... not worth the read.
Useful to everyone, with caveats:
I'll start with the bad - The author had a good philosophy marred by a blind indifference to the stakes and consequences the average person considers when deciding whether to 9-5 it. But maybe that's the attitude you need to write this kind of book.
The good: While you're reading it you'll be motivated to think about what you want, why you want it, and to take action to get there, but not necessarily the steps in this book. It's not a how-to for everyone even though the author positions it that way. His approach is: here's how you should live your life, and here's the way I accomplished that. He doesn't really make it clear that there are ways other than his own, which can be discouraging if you can't see yourself taking his approach.
I'm being vague for a reason - if I knew his approach before I started reading I probably would never have picked it up, and would have missed out on a really valuable perspective.
I appreciate the premise: How do you do the least amount of work possible? For any developer that's a goal. That's not the goal because then you can take off though - it's so you can get more done. Most of the projects suggested in the book contribute nothing to society, and are usually self serving.
I don't necessarily agree with many of the ideas Ferriss puts out, but I'm happy I took the time to read this book. I've heard a lot about it from personal finance bloggers, and its principles of mini-retirements, minimalism, and conscious living and working really appeal to me.