@18:56 Million-Dollar One Person Businesses (1) E-commerce (2) Manufacturing (3) Informational content creation (4) Professional services and creative businesses - marketing firms, public speaking businesses and consultancies (5) Personal service firms offering expertise - fitness coaching (6) Real estate
One of the most inspiring takeaways, about the benefit of the 1-person ultra-lean model: 1. Control over time 2. Enough money to enjoy it 3. Independence to live the life as one wants If this is not something worth exploring!
I'm #4 professional services. Building a 1 man business in 18 months I'm at around $30k per month and steadily growing. Outsource part of my business but impliment most of these strategies already. Check e-mails 2 times a day, reply in blocks, use meetings. Still a way to go but could really travel and work a 4 day week now if i wanted to.
Tim, I really want to thank you not only for going over the "Big idea" of what it takes, but the process of what it takes. Outcome related goals are great but, in the 4 hour week you break down processes . I found this prosess related goals strategy is MUCH better then just setting outcome goals. Your case study approach is truly the answer!! If anyone is reading this its time to (Re)read or lisen to the 4 hour work, Why? The reason is that it is simply no better time then now to build niche million dollar business!! But, the ones who don't act will never no what I am talking about; this inturn leaves us doers holding the keys to the bank (hope you understand!!!).
*it was 1h00 of podcast that was just amazing. I just started podcasting. I will do everything I can to be as good as you are and help my audience. Thank Tim*
Tim, love lots of your stuff. The appeal of The 4 Hour Work Week was that it would teach how to make a healthy full-time income working 4 hours a week. You're welcome.
Great content ! You already set me free. Now for the next level. You changed my life and .... thank you. What you are doing gives so much value to people :) ok I'll stop now haha
Tim, I’ve been a follower since before you published the 4 hour workweek, I think after I watched your TED video on Total Immersion, Tango and learning Japanese... and I have benefitted from your insights and been inspired by you ever since. So thanks, sincerely. This format really didn’t work for me though. It was hard to engage with you reading someone else’s words; your voice doesn’t convey your usual energy and passion. I think you are at your best for your audience when you are in true dialogue, either with your guest or with your audience. That said, I am very interested in case studies. Hence the reason I clicked on this title. I just think you need to be in dialogue with the owners, or reporting your findings from interviews with them, rather than reading someone else’s work.
i have to admit i have a hard time reading 4 hour work week. it doesnt seem like tim to me. i absolutely love the other 4 hour books plus tools of titans. for whatever reason 4h workweek just doesnt speak to me.
Great discussion. But like everything else, this is about 1M per year revenue, Not 1M per year income. 1M per year revenue could mean only 100k profit. The big question is what is the possibilities of making 1Million per year income? And are there examples of 1M per year "income/profit" businesses?
Sounds fun, gonna listen to it tomorrow (its past midnight in europe now lol). Quick request though: next time put a list of the jobs underneath the video.
Sherwin H I would read tools of titans first. Yes that a business book. I read tools of titans a few years back. I have an amazing book list because of that book. 4 hour is my next book. 🙌🏽
What is your opinion on starting a career as an oil painter? there is a lot of advice about many types of businesses concerning common consumer goods like technology and health but not so much on art...
Great question. My question to you would be. How long have you been creating Oil paintings? If you're competent then I would use the principles here: Focus on a niche, narrow and deep rather than mass appeal. For example: Instead of painting sunsets or landscapes, paint specific landscapes like Greek landscapes even better, a specific area of Greece like Mykonos. Or paint train bridges of the world, or Italian churches. This way you'll be known specifically for that one thing. 'The Italian Chuch painter' this way you will likely not only create your own niche but will certainly be more able to dominate that niche, be in the top 3 of Italian Church painters instead of competing with all the other general Oil painters out there. On top of this if you develop a unique painting style this will also help you stand out in your field. So yes, I would say you could make a handsome living as an Oil painter if you reverse engineer it.
I would Love to get a short email from you on Fridays. This podcast has been highly inspiring and valuable as I feel that I am on the cusp of creating a business that I truly value. Thank you! I will subscribe to get the email
This format is a bit difficult to follow. Tim has to switch between his own voice and the author's. Would love to hear Tim's own take on this subject. Oh wait, he already did it many times :)))
@18:56
Million-Dollar One Person Businesses
(1) E-commerce
(2) Manufacturing
(3) Informational content creation
(4) Professional services and creative businesses - marketing firms, public speaking businesses and consultancies
(5) Personal service firms offering expertise - fitness coaching
(6) Real estate
Legend 🍻
48:30
One of the most inspiring takeaways, about the benefit of the 1-person ultra-lean model:
1. Control over time
2. Enough money to enjoy it
3. Independence to live the life as one wants
If this is not something worth exploring!
11:08 start of vid
flooblet 11 minutes!! Thanks for this, I have saved 11 minutes of my life, well 10. It took me one minute to write this comment
I thought you were joking ... you weren’t.
thank you kind sir
Appreciate you.
flooblet doing the Lords work
I'm actually reading the Four Hour Work Week and just found your channel. I'm so grateful for your content!
I'm #4 professional services. Building a 1 man business in 18 months I'm at around $30k per month and steadily growing. Outsource part of my business but impliment most of these strategies already. Check e-mails 2 times a day, reply in blocks, use meetings. Still a way to go but could really travel and work a 4 day week now if i wanted to.
Congratulations on your success! I'd love to hear about your story of how you got started and what you do.
Case studies 100%... not enough stories out there about amazing feats from non-celebrity people
Tim, I really want to thank you not only for going over the "Big idea" of what it takes, but the process of what it takes. Outcome related goals are great but, in the 4 hour week you break down processes . I found this prosess related goals strategy is MUCH better then just setting outcome goals. Your case study approach is truly the answer!! If anyone is reading this its time to (Re)read or lisen to the 4 hour work, Why? The reason is that it is simply no better time then now to build niche million dollar business!! But, the ones who don't act will never no what I am talking about; this inturn leaves us doers holding the keys to the bank (hope you understand!!!).
Tim, you inspired my to start vlogging my startup journey. Thank you for everything you’ve taught me over the years. ❤️
You guys make "Amazon FBA" sound so fancy lol.
Tim ferriss is truly an inspiration.
YES!!!! MORE CASE STUDIES WITH 4HWW
Tim , Thank you fot all this content.
Readed Tools of titans, now a fan.
*it was 1h00 of podcast that was just amazing. I just started podcasting. I will do everything I can to be as good as you are and help my audience. Thank Tim*
Yes, more case studies please!
Tim, love lots of your stuff. The appeal of The 4 Hour Work Week was that it would teach how to make a healthy full-time income working 4 hours a week. You're welcome.
Following this path, thx Tim. Keep on going
Great content ! You already set me free. Now for the next level. You changed my life and .... thank you. What you are doing gives so much value to people :) ok I'll stop now haha
Tim, I’ve been a follower since before you published the 4 hour workweek, I think after I watched your TED video on Total Immersion, Tango and learning Japanese... and I have benefitted from your insights and been inspired by you ever since. So thanks, sincerely.
This format really didn’t work for me though. It was hard to engage with you reading someone else’s words; your voice doesn’t convey your usual energy and passion. I think you are at your best for your audience when you are in true dialogue, either with your guest or with your audience.
That said, I am very interested in case studies. Hence the reason I clicked on this title. I just think you need to be in dialogue with the owners, or reporting your findings from interviews with them, rather than reading someone else’s work.
showing an accurate and deep understanding; great perceptive. 💡
Muito obrigado for all the insightful information. 🤝
i have to admit i have a hard time reading 4 hour work week. it doesnt seem like tim to me. i absolutely love the other 4 hour books plus tools of titans. for whatever reason 4h workweek just doesnt speak to me.
Tim, Thank you for all that do every day.
Great discussion. But like everything else, this is about 1M per year revenue, Not 1M per year income. 1M per year revenue could mean only 100k profit. The big question is what is the possibilities of making 1Million per year income? And are there examples of 1M per year "income/profit" businesses?
Wow I thought this was accounted for
Wtf would I care about 1 mil gross smh
What's wrong with 100 yearly cash if I have to do minimal input into the business.
Sounds fun, gonna listen to it tomorrow (its past midnight in europe now lol). Quick request though: next time put a list of the jobs underneath the video.
I will order book 4 hour workweek and 1000 true fans, it was on my list. Thank you for the push.
Seoul Seeker did you get the books? How was it
Hello Sherwin, I was able to get it. Finishing up awaken the giant within. ☺️✨
Nice! Was 1000 true fans a good read for business building ? Or should I just read a book summary online
Sherwin H I would read tools of titans first. Yes that a business book. I read tools of titans a few years back. I have an amazing book list because of that book. 4 hour is my next book. 🙌🏽
Great podcast! More case studies please. Thumbs up.
What is your opinion on starting a career as an oil painter? there is a lot of advice about many types of businesses concerning common consumer goods like technology and health but not so much on art...
Your art will need to be exceptional.
Great question. My question to you would be. How long have you been creating Oil paintings? If you're competent then I would use the principles here: Focus on a niche, narrow and deep rather than mass appeal. For example: Instead of painting sunsets or landscapes, paint specific landscapes like Greek landscapes even better, a specific area of Greece like Mykonos. Or paint train bridges of the world, or Italian churches.
This way you'll be known specifically for that one thing. 'The Italian Chuch painter' this way you will likely not only create your own niche but will certainly be more able to dominate that niche, be in the top 3 of Italian Church painters instead of competing with all the other general Oil painters out there.
On top of this if you develop a unique painting style this will also help you stand out in your field.
So yes, I would say you could make a handsome living as an Oil painter if you reverse engineer it.
I would Love to get a short email from you on Fridays. This podcast has been highly inspiring and valuable as I feel that I am on the cusp of creating a business that I truly value. Thank you! I will subscribe to get the email
Thank you Tim...
This format is a bit difficult to follow. Tim has to switch between his own voice and the author's. Would love to hear Tim's own take on this subject. Oh wait, he already did it many times :)))
Every time I think of the "laying down in public" comfort challenge it reminds me of the video for Radiohead's "Just"
that intro is rad totally aws (not amazon web services lol) (awseomn)))
18:37
Excellent as always
Squint Boss approved.
Asking for a discount.... Pffftt that's an inherited quality to us of Indian descent.
@44:00
11 minutes of advertising thats insane!
Sure!
Really helpfull!
i m a maker never a taker
34:03
11:20
The elimination of the female cohost is something to witness. She's the author of the book under discussion.
Dam wtf. 5 min of ad pitches get to the dam content already
You could just fast forward, instead of complaining.
Skip the first 12 min
I found Grant Cardone by Tim fersis(he talks abous sales and negotiation) and Grant Cardone doesn't like 4HWW.
Check out Grant Cardone's podcast with Jordan Belfort, if you still have an ounce of respect for him after that..... Idk what to tell you
Makes no sense, repetitive.
1st
Disliked, all fluff, zero content.
38:44
Dam wtf. 5 min of ad pitches get to the dam content already