Summary of The 4-Hour Workweek - A Comprehensive Summary
Being financially rich and having the ability to live like a millionaire are two fundamentally different concepts. Similarly, the thing that differentiates deferrers (D) and newly rich (NR) is that the Ds save everything good and worthwhile for the end and are surprised by how sooner it comes whereas the NRs abandon this deferred-life plan and create luxury lifestyle in the present using time and mobility. The NRs are distinguishable from the crowd based on their goals, which reflect very distinct priorities and life philosophies.
While the Ds work for themselves, the NRs have others work for them. While the Ds work when they want to, the NRs have the concept of working the minimum necessary for the maximum effect. While the Ds want to buy all the things that they want to, the NRs focus on doing all the things they want to do. While the Ds want to be the boss, the NRs neither aspire to be a boss nor an employee but want to be an owner. And finally, while the Ds just want to have more, the NRs want to have more quality than quantity and that with a purpose too.
Practically speaking, money can multiply depending on the number of W’s you can control; what, when, where and with...
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