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RE: A defence of Tim Ferriss's Four Hour Week - important book for other reasons than you think

in #economy7 years ago

It's been too long since i read the book but i definitely think it is achievable. It's like Rich Dad Poor Dad with a few more concrete examples and steps to take.

Is it doable? Definitely. Build the system so that it can run without you. I know a few small business owners w o don't do much work other than come to the office for updates once in a while lol.

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Rich dad, poor dad was a strange one . I got some good concept from it but the specific tactical advice seemed extremely dodgy to me pre 2008 . I think that people who followed that could have done well for a while but had a high risk of being completely wiped out. looking into Kiyosaki, it seems definitely more of a case of "fake it until you make it'' he got rich writing books about how to get rich mostly. But it is never black or white : there are undeniably good lessons to learn from that one... For me it challenged the idea of a house as an asset ...

Yeah i liked the concept of RDPD/CQ but his specific advice was meh. He's like the 90s version of all the Internet advertising / affiliate marketing / trading systems gurus out there today.