Life-Style Design

wealthymatters.comTimothy Ferriss ,an entrepreneur and angel investor,in his bestseller The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich  talks about “lifestyle design”.He repudiates  the traditional “deferred” life plan in which people work grueling hours and take few vacations for decades and save money in order to relax after retirement.He advocates mini retirements instead.His ideas make sense because the present is our only reality.While it is great to provide for the future, what about those of us who will not be round in the future or might not be as fit and able tomorrow to do the things we really want?Also happiness is as transitory as time and neither can be saved up for the future.

He advocates the acronym DEAL .It stands for Definition, Elimination, Automation, and Liberation.

Definition means figuring out what you want, getting over your fears, seeing past society’s “expectations”, and figuring out what it will really cost to get where a person wants to go.And he shows us how it doesn’t cost so much to have and do the the things we want as long as we think flexibly.As he puts it:The rules of reality can be bent. It just requires thinking in different terms. Read more of this post

How To Grow A Business

This is a list of 10 steps to grow your business from scratch.You have to put in some time ,a bit of your labour and maybe a bit of your savings at the beginning and then bootstrap your way up.It is inspired by the post here:-

  1. Find something you can make or something you can do that somebody else will pay you for.
  2. Find out if others will pay you to make or to do the same thing for them too.
  3. If  the answer is yes to point 2,find out ways of locating other such customers.
  4. Make a detailed note of how to go about finding and getting customers the fastest,easiest and cheapest way. Read more of this post
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