SXSW 2007 Interactve Conference - Tim Farriss from fourhourworkweek.com

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SXSW 2007 Interactve Conference - Tim Farriss from fourhourworkweek.com
- questions
  - how do your priorities and decisions change if retirement will never be an option?
    - if you are going to have to work all the time. not retire
    - eg would get bored if not working
    - avoid being unable to fill the void if work is your identity
  - scalability
    - is your business scalable
    - is your career scalable
    - is your lifestyle scalable (most important)
    - and if it isn't, when are you going to face a bottleneck
- are you in a game worth winning and is it scalable
- principles / commonalities of people who design ideal lifestyles for themselves
  - 3 currencies (in order of importance)
    - time (non renewable)
    - income
    - mobility
  - structure
    - definition
      - determining what it is you want to create from a lifestyle pov
      - and how much that costs - what are the financial realities of designing an ideal lifestyle
      - define 3 things
        
        what you want to do
        
        what you want to be
        
        what you want to have
      - what portion of your efforts are producing that result
      - 80/20 principle (paradores principle)
        
        20% of your input / actions should produce 80% of your results
        
        what 20% of my activities are producing 80% of my desired outcome
        
        then (ruthlessly) eliminate the rest which is taking up time
        
        limit the tasks to only the important
      - parkinson's law
        
        introduced by Ed Shough (?) from princeton
        
        a task will swell with perceived complexitity and importance in direct correlation with the time that you allot it
        
        limit the time to what's really important
    - elimination
      - batching
        
        eg email
        
        set an autoresponder on email
        
        to manage other people's expectations
    - automation
      - outsource anything that can be done for less than $X a day (ie less than your hourly rate)
        
        eg to India - virtual assistants
        
        eg internet research, spreadsheets
        
        rules you can set for yourself instead of responding in a culture of urgency
        
        your man in india
        
        brickwork
    - liberation
      - first step is creating mobility
        
        hourglass approach
      - take advantage of the time you have when u get it
- timferriss@gmail.com
- http://www.fourhourworkweek.com
- http://2007.sxsw.com/interactive/programming/panels/?action=show&id=IAP060286
- http://audio.sxsw.com/podcast/interactive/panel/2007/SXSW07.INT.20070312.TheFourHourWorkweek.mp3