But what are the real concrete numbers? How are established authors actually making money, and what should new authors do? Go straight to e-book?
In this post, I’ll look at real-world numbers to discuss some hard truths of publishing, explain economics and pay-offs, and provide a few suggestions for aspiring authors.
Where would you go if you had a free ticket anywhere? The island of Bohol in the Philippines? (source: WisDoc)
Not long ago, I received the following comment — edited for length — from Ryan N.:
I hate you Tim. I had a secure future ahead of me, and I left my job, my reasonably well paying professional career all because of your book. Best thing I’ve ever done!!
I was wondering if you might be able to put up a blog post where people could post their ideas or muses as case studies. I’m sure there are a lot of people like me who would like to share their stories and listen to others living the 4HWW.
Here’s to 2010 being the year everything changes.
Indeed. Here’s to 2010 being the year everything changes.
I decided to take Ryan’s advice. Below is a post of just a few select video case studies. This is also where you can win a round-trip ticket anywhere in the world.
That would be a nice way to start 2010 with a bang, right?… Read More
Jaime Cevallos and the MP30 Training Bat (Source: Jaime Cevallos)
“Cevallos told Zobrist [Tampa Bay Rays MVP] he could turn him into a power hitter…The results have been remarkable.”
- ESPN The Magazine
This article will tell the inspiring story of Jaime Cevallos, who went from $7 an hour to coaching MVPs in Major League Baseball, automating his income in the process.
Jaime is now — in many respects — set. But how did he do it?
Some of the questions I asked Jaime include:
1) What is your muse [automated business]?
2) How did you contact the initial MLB players, and what exact wording did you use?
3) What things were much easier than expected, and which things were much harder?
4) To those people who haven’t yet tried to create a muse, what 3-5 pieces of advice would you give them?
5) What mistakes did you make, and what did you learn from them?… Read More
The Wilburns have created a multinational from their home.(Photo: Dana Smith)
“So, do you have any ideas?”
“Well, if we’re going to do something, it should be big. It should make people sit up and say OMFG. Make people actually do something,” I responded.
The conversation continued in front of the Thai restaurant, me pacing on my cell phone in San Francisco — foregoing food in excitement — and Tobi in his offices in Ottawa, Canada.
We decided in the subsequent 10 minutes to offer $100,000 cash as a bribe to you all. The overview?
* $100,000 for the grand winner
* $120,000 total in prizes
* 6 months starting January 1 but you can (and should) get started now
* Even if you don’t win the prizes, you should end up with a viable business at the end of 6 months
The 4-Hour Workweek was first published April 27th, 2007.
I did my best to cover all of the bases when it debuted, but there were gaps. Though I included cases studies of families using lifestyle design, for example, it was hard to find more than a few the first time around.
Not anymore. Things have changed. There are more than 30,000 comments on this blog, hundreds of people have shared their successes and failures via detailed e-mail, and both case studies and experiments continue to flow in from around the world.
Napoleon, though mostly known as a little man with a funny hat, is regarded as one of history’s great commanders. He was also well-known for his unusual but effective methods of information management.
Just this week alone, I’m working with a literary attorney (publishing), an entertainment attorney (TV), and a corporate financing attorney (angel investments). All three are great.
Yesterday, though, I received the threatening letter below from Protocol Integrated Direct Marketing, whose call centers I recommend in the 4HWW. WTF?
For English subtitles, choose “Danish” from the “Choose Language…” drop-down.
There is a misconception that lifestyle design is just for entrepreneurs or CEOs.
In reality, the principles — borrowed from economics and behavioral psychology — can be applied within organizations and groups with even more dramatic effects.
Just watch the 25-minute segment above from the Danish equivalent of the BBC (DR1), where lifestyle design is tested by both an employee at insurance giant Codan and by the CEO of a fast-growing microbrewery. For English subtitles, choose “Danish” from the “Choose Language…” drop-down.
Who made more progress? The boss or the person with a boss? The results might surprise you… Read More
“Nothing bothers me more than sloth. The objective is to fix mistakes of ambition and not make mistakes of sloth. I work my ass off.”
-Tim Ferriss, from the new issue of Men’s Journal, Sept. 2008
Since I’m going nuts preparing for Burning Man, this post will be a short one.
The quote above is from the latest issue of Men’s Journal, where the main editorial cover story is a profile of me and the rise of The 4-Hour Workweek. There are also fascinating profiles of John McEnroe (awesome insight into his tennis strategies) and Gavin Newsom, as well as a cool snapshot of Tonny Sorensen, CEO of Von Dutch and former world champion in Tae Kwon Do.
The journalist, Larry Smith, spent almost three full days with me and covers a lot of details that haven’t been covered before, including background and education; core tenets of lifestyle design and common misinterpretations; interviews with family, professors, and friends; experiments involving critics; even how I organize my environment and home… Read More