The "4-Hour Work Week" Is a Load of S#!+ !!

maxreferrals

Expert
64
USA
Let me preface this by saying that the best-selling book,
"The 4 Hour Work Week" is a great book. If you've read
it, you know it advocates outsourcing + automation.

This allows you the freedom to not be married to doing
unproductive things, and essentially put your insurance
business on autopilot.

Who doesn't want that?

That said, too many Agents take the 4-Hr Work Week
literally.

Now I'm sure there's plenty of Agents out there, somewhere,
who do only work 4 hrs a week and are also million
dollar producers.

That's working smart.

I'll bet they even have plenty of automation that helps
them be efficient with their time and in managing their
offices and business (which the book advocates).

But for the rest of us, taking the notion that we love
to be in insurance because of:

(1) earnings potential

(2) lifestyle/freedom that a flexible schedule can afford;

...can be a huge trap.

There's no 4-Hr work week if you're truly trying to build
your biz.

I've asked plenty of million (and multi-million)
dollar Agent(s), and not a single one has told me they
have the "4 hour work week."
  • They've built their biz, relationships, and referral
    network, and that takes far more than "4 hours" to
    cultivate, continually.
If you're successful at that level, and have a 4-hour
work week (or attitude), congratulations to you.
Again, this is no disrespect to you.

But for the rest of us, we need to be careful that
we don't forget that success doesn't come without
hard work, dusting ourselves off, and staying
committed to what we love to do.

That takes way more than 4 hours.
 
This, coming from someone who enjoys multiple host/parasite relationships.

Seems to me that the host/parasite relationship is exactly what the 4-hour workweek is all about.

If I can write one e-book, and then affiliate market it to people like Robert Middleton, who every week brags about how many people have signed up for his e-newsletter, and I receive $15 for each e-book sold, and Robert gets $5, and I can sell 100 per week just through Robert, I'm doing well. Now, I just need another 51 Roberts to sell through.

Duh.

And I'm on to the next e-book!

And all of this has nothing to do with how we run a client-centered practice.
 
I happen to be a big fan of Tim Ferris and the 4 hour work week. I have seen an incredible spike in productivity both personally and professionally by practicing SOME of what he preaches. Many of his thoughts and practices do not lend themselves to the insurance industry. We are very much in a relationship based business and his teaching is meant to remove ones self from the process. It would seem to be very difficult to maintain a relationship while being consistently absent.
Even Ferris would have to admit that 99%+ of the audience will not be able to work only 4 hours per week, but I found real value in his message. Basically it comes down to prioritizing and focusing on your main objective and using technology to add geographic and temporal independence to meet one's needs/wants.

My 2 cents

Eric
 
I think your missing the point that Tim is making in the book. He had already built his business. It was consuming all his time so he automated it. He already had the income. I would imagine that you would have to find something like his product in order to actually work only 4 hours a week. But all the things in the book are meant to make you more productive and think of ways to cut unproductive things. I really liked the book but don't think I will be just working 4 hours a week anytime soon and if I could cut it down to just 4 hours I would go all the way to 0 hours LOL.
 
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