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Questions and Answers
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What are the three fundamental ingredients of Lifestyle Design?
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Time, Income, and Mobility.
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What is the manifesto of a dealmaker?
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Study Notes
The 4-Hour Workweek: Unconventional Rules for Lifestyle Design
- The new rich prioritize time and mobility over traditional measures of wealth.
- Lifestyle Design is both an art and a science that involves negotiating reality to achieve desired outcomes.
- The manifesto of a dealmaker involves recognizing that reality is negotiable and outside of science and law, all rules can be bent or broken without being unethical.
- Lifestyle Design has three fundamental ingredients: Time, Income, and Mobility.
- To start designing your lifestyle, redefine your priorities and goals.
- Retirement planning should be viewed as nothing but a hedge against worst-case scenarios, not a goal.
- The New Rich aim to distribute "mini-retirements" throughout their lives instead of hoarding recovery and enjoyment for a hypothetical pot of gold.
- Culture tends to reward sacrifice over personal productivity, so focus on being productive instead of being busy.
- Waiting for the perfect timing is a fallacy; conditions are never perfect.
- If it is important to you, do it now and correct the course as you go.
- People will always deny things on an emotional basis that they get to accept after the fact, so ask for forgiveness instead of permission.
- Focus on leveraging your strengths instead of trying to fix all your weaknesses.
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