Living The Dot Com Lifestyle – John Chow
Long story short, John Chow thinks you work too much, and he wants to help. He started a series a couple days ago surrounding the idea of living “The Dot Com Lifestyle“. In other words, work less, make more, travel wherever/whenever you want, and all that fun stuff.
Great idea, harder to implement. Hence the multiple post series he’s started to try to help people move in that direction. A lot of it so far seems to mirror Timothy Ferriss’ book, The 4-Hour Workweek, thought maybe not quite to the same extremes.
Unlike most “get rich without a lot of work” schemes, these ideas are geared more towards having more free time than wealth, though of course wealth is a part of that.
Here’s a little taste for you from part 1 of the series…
If your goal is to make a lot of money in the least amount of time possible, then you have to learn to make more efficient. Keep the 80/20 rule in mind. This rule states that most output are created by a small percentage of the population. In your business, youâ€™ll find that 80% of your sales come from 20% of your customers. On the Net, youâ€™ll find that 80% of blogging income is created by top 20% of bloggers (itâ€™s probably closer to 95/5).
Working more efficiently mean spending most your time with the 20% and less time with the 80%. In my case, I would say spend all you time with the 20% and screw the 80%. The goal here isnâ€™t to make more money. The goal is to make more time.
Typical of John Chow, the posts are full of great information and ideas (and videos of him spending time in the park with his daughter). He’s just posted part 2 of the series, and I highly recommend checking out both parts, and checking for future posts in the series. If you think you work too much (and who doesn’t?), you’re bound to get something useful out of it, and if nothing else, maybe shave a few minutes off your work-day.