Four hour work week

It’s  a book which people have been talking about for a while now. Alex picked it up for me yesterday, as he knows I am trying to find ways to work less, still pay the bills and corect my ever increasing computer-related health problems! ((sigh))

The Four Hour Work Week by Timothy Ferris:
http://www.fourhourworkweek.com/

Here’s a summary so far of his DEAL model:

1. Definition

- Separation of income generation from time and space
- Negative impact of company environment

2. Elimination

- Cost innovation
- Lean thinking
- Pareto’s 80/20 rule
- Selective ignorance
- Real options pricing for delayed decisions

3. Automation

- Process automation
- Business Process Outsourcing

4. Liberation

- Geographic arbitrage
- Mini-retirement
- Relative income
- Lifestyle costs