Have you identified your Target MI yet?
By Gavin | November 19, 2007
Your Target Monthly Income is vital in achieving the 4HWW lifestyle. You need to know what score your shooting for; to achieve the 4HWW.
If your serious about making this happen the figure should be imprinted on your mind.
I’ve just redone mine in order to write this post. I surprised myself as to how close I actually am to claiming that I can live the 4HWW.
Not that I want to, I’d prefer to work 10-15 hours each week but it’s nice to have the option of doing 4 if you want or need to.
I’ve spoken to many people who are interested in outsourcing Virtual Assistants from India and the whole Tim Ferriss thing and I’ve come up with 4 main categories that people fall in.
Your business is already earning your TMI, you need to get yourself out of the picture and have virtual staff run the show.
Your currently short of earning your TMI : you need to increase income whilst simultaneously reducing the hours you spend on your business.
Job with no possibilities of working remotely: oh pooh. Joking aside, you could be in the best position of all as you have the ability to build a business from the ground up.
Job with possibilities for remote working: reducing input and maximising effectiveness. There’s a chance you could negotiate remote working.
Like most self help books, seminars, DVD and personal development programs only a fraction of the people less than 5 % usually ever do anything with the information and I reckon the 4HWW is no different.
Sure most people will make a few slight changes but very few will go all the way to nailing the philosophy of living the four hour work week.
I think a major factor is not having someone to hold them accountable to make the changes that need to be made after all change is uncomfortable.
I’d be interested to know what you think holds people back.
Topics: outsourcing, 4 Hour Work Week, Virtual Assistant |
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