Okay, so Trump says in his book, a person
who works 16 hours per day will always beat
one working 8 hours a day.

Then today, on Today Show, you have Tim
Ferriss (author of 4 Hour Work Week), going
at it with Big Idea guy Donny Deutsch

http://today.msnbc.msn.com/id/19418260/

Comments?

how many hours a week does tim ferriss work?
just because he can write a book about a 4 hour work week does no mean that he practices it.

shute i can write a book about becoming a billionaire in 365 days!

i know nothing about the book i have to look at it.

I'm reading this book right now. I actually already do a lot of the things he advises. However, in the last few days, I've taken some of his advice And...voila! My to-do list is DONE! For the first time in my life, I think.

Okay, so it's not really REALLY done, but WOW. I have a blank page for Tuesday, July 15.

I will willingly work 18 hours a day... and probably enjoy it. However, I'm pretty sure that it isn't the best way to be productive over the long term.

nice!!!!!
i know i could manage my time more effectivley, but i know that the extent that he speaks of in the report is outragous. i know that for that shoot he did he was traveling preping and recording and traveling home which had to take at least 8 hours, so by his 4 hour week he just worked the equivilent of 2 weeks. i must go with donny. if you have 2 equally talented people dont the same thing, the one who works more will succeed.

i was up today at 6am and it is 933pm and i am not done. i know i could not procure business at the rate that i am if i did not put in the hours no matter how profeccient i become. today i listed a house and got his home on the market. got a buyer finished up with, and organized all of my contracts andpaperwork. got my closing next week on cruise control. sent letters to my listings (they get a letter, phone call and email every week updating them)

Well, Mr. Ferris isn't saying that a real estate agent can work 4 hours a week - he advises to create a life where you are the owner of a profitable enterprise and make $10,000/day whether you are working or "cutting your toenails on the beach." Sort of an extreme "Work Smart, Not Hard"

I can see lots of opportunities for true entrepreneurs to work minimal hours and bring in plenty of money. Another thing Mr. Ferris says is that he doesn't intend to be a multi-millionnaire - he just wants to make a fair amount of money without killing himself for the next 40 years (he's a real young guy).

No I don’t. I haven’t read the book but I did some research on it and I learned enough to know that this is just another go-get-it-and-win scheme, but this time with a twist that appear to be the new trend. This new trend claims you’ll get there with little effort. Because the market for go-get-it-and-win products is already so saturated, a new twist is needed to stand out.

Since Napoleon Hill published “Think and Grow Rich” 7 decades ago, giving birth to the you-can-too industry, waves of cult like schemes followed. Most of them based on positivism but also requiring at some point that you commit a considerable amount of effort. Many people tried these schemes and the only one who ended laughing all the way to the bank where the authors.

Today, the market for this industry seems to be demanding a new system where no hard work is necessary, because the consumers for this line of products are beginning to realize that the old system that required some effort do not work. So here comes books like “The Secret” based on pseudo-science crap that claims you don’t need to work hard, just apply this and good fortune will come to you. And now this one that claims to have an easy to implement system where you can dedicate your life to pure leisure while others work for you, yeah right.

Guys and Gals, if you are serious about succeeding in anything, the first thing you must do is to stop wasting your money and valuable time in quick rich schemes dressed as new paradigms (unless you are aspiring to be their competition). The second thing you must do is to buy my system for….. of course I’m kidding. Now back to serious, the second thing is to embrace the REAL world where success is difficult, elusive, UNGUARANTEED, and requires a considerable amount of effort and sacrifice. And yes I know, lots of people succeed with not much effort but that doesn’t mean that you will because the path to success is as different as each individual is.

For succeeding as a Realtor, do your homework, try reading some true marketing and branding books, don’t limit yourself only to marketing books geared for realtors although you need to read those too. Then implement a comprehensive and consistent marketing plan that highlight the best of your services and personality and don’t expect big results in short time. Keep learning and fine tuning your marketing campaign for the rest of your career as a Realtor, and you’ll must likely succeed, while watching a lots of your competition succumb to guess what? quick schemes.

My 2 cents LOL

billd,

i would have written exactly what you wrote(because i agree with it). the only think i would have done differently is spelled a few words incorrectly and also i would have refrained from capitalizing the first letter of a sentence. other than that i could not agree more:-)

estatereal

I made some grammatical mistakes if you check carefully. I noticed them after I submitted it I always write my post in Word to check for spelling errors and then paste it. But there’s always the chance of a typo that happen to be a real word. English is my second language but I seem to get into the same problem in my native language when I’m not careful enough.

I haven't read Tim Ferriss's book yet, but I think I understand what he's trying to get at.

He is just saying WORK SMARTER, NOT HARDER.

There are many people in this world that work an extreme amount of hours. This doesn't mean that they all work as smart as they could be working though. If they were to work fewer hours, yet focus more on the productive activities, they would see better results in less time worked. It's just common sense, yet I don't think enough people grasp the concept. This is why he wrote a book about it so people will understand and apply it.

Don't knock Tim for being young and trying to spread the word about doing things better. He's not trying to reinvent the wheel.

Working harder isn't the answer,working smarter is.There is only 24 hours in a day so even if you worked yourself around the clock you will hit a platuea.

Successful people understand that maximum success comes from getting the highest,best,and most productive use of your time and also leveraging other people to create more success.

In other words investments that are not hands on are making you money while you sleep at night,through other people working for your benefit.You personally do not have to put in all those hours to reach your goals.

Master the use of people and time and most will creat success.

Of course you need work smarter and not harder. You can always cut a substantial amount of time by working smarter, I don’t know anyone who doesn’t get this. But smart working yourself all the way down to 4 hours per week so you can spend the rest in pure leisure is a big stretch, at least not without investing a considerable amount of effort first, for who knows how long.

Don’t get me wrong, I’m not a workaholic and I love the idea of lots of leisure and little work. But before you can put your “income on autopilot” you need to have assets first, tangible and/or intangible and little liabilities. In the same way that if you want to fly an aircraft on autopilot you need to have the aircraft first. And no, having your body catapulted does not qualify as flying. Accumulating assets takes time & effort except for the lucky ones who win the lotto or have rich ancestors who include them in their will.

To say that you can have “incomes on autopilot” without having assets is the same as to claim you can fly on autopilot without having an aircraft. To claim that you can accumulate big assets (tangible or intangible) with almost not effort is very difficult for me to believe, unless you where very lucky with something to begging with.

The best assets anyone can have (specially for Realtors) is to have a good brand. Once you have a brand, then there’ll be many open doors to big leisure and little work. But building a brand takes substantial amount of time an work (smart work, I get it) or lots of money, and if you already have the money, forget about the brand and just start the leisurely live.

<jk>I'm currently recruiting those that want to make me rich and successful, any takers?</jk>

It's funny, you have literally 1000's of millionaires in the US now. You would think that the "formula" would be well known by now. I'd be thrilled with 4 hours per day, much less 4 hours per week.

I'm with billd, how would you get to 4 hours per week without doing 80 for some time before building your assets to a point that you could cut back. I would think if you cut too far back then you may have relinquished too much control of your company that someone might fly it into the side of a mountain.

Actually the best asset an agent can have is Real Estate Investment properties! It just boggles the mind at how few agents actually invest in what they sell. That is like a stock broker that does not own any stock. And remember your personal residence is not an investment.

Your are right, I meant to say brand as the best intangible asset (that too is debatable). Best tangible assets for a Realtor is investment properties. Part of the reason is because it’s easier to accumulate tangible assets like investment properties than to create a brand. I see both equally important.

I don`t see how this can be viewed as real! I have clients that want to view properties on Saturday evenings,that i cater to. It must be me.
It`s impossible to know when a client wants to view a property,if i`m available I`m going to make sure that either myself or someone from my offices is TCB!
I do however wish all of those who can work 4 hour work week the very,very best and wonder how many transaction you can close and eat at the same time...
This business is about people and they`re times, not Realtors and their schedules...