Kind of outdated from the early two thousandsands. You can still follow his program but the competition has quadrupled. ( )

Eh, its okay. It's way too long in my opinion. The only practical takeaway I got from this book is to outsource your tasks (e.g. via virtual assistants in places like the Philippines for cheap). The 80/20 or Pareto principle was also new to me (I've always applied it inadvertently but didn't know the offical name until this book).

I only have two bullets for this book.
-Elimination: The 80/20 principle: this is the method to achieving more (or the same) with significantly less time input). Essentially 80% of your results come from 20% of your efforts. Focus on the efforts that bring the most results, rather than wasting extra effort on things that won’t significantly scale your results. For instance, if the majority of your traffic (90%) comes from one blogpost, why spend effort in creating more blog posts that won’t produce any significant results? This concept also ties in with diversification. The more sources of income you have, the less likely you are to attain mastery in 1-3. If one source of income contributes to 90% of your net worth, focus on scaling that source rather than trying hundreds of other methods that will leave you scraping pennies.
-Outsourcing: Find VAs (virtual assistants) that will do tedious tasks for you (e.g. scheduling emails, finding products, etc.). VAs from China, India, or the Philippines are glad to accept these tasks for a low price. It is essentially trading a small sum of $ for a lot of time. Time is the better asset in this scenario. Be cautious with exposing your privacy. With greater reward involves greater risk. Outsourcing is useful when you take advantage of it. ( )

Life is too short to read books this annoying. DNF

This is one of those books I had heard about but not got around to reading until now.

My key takeaways:
- Think about what parts of your work or personal life you could outsource to free up time to do other things (some good references are provided in the book such as elance, Your Man In India and Brickwork).
- There are some good reminders about time management, handling interruptions, testing (even down to product name testing via Google AdWords) and keeping it simple for the customer by reducing the number of decisions they need to make.
Some good advice was provided about having a minimum advertised pricing clause in order to prevent wholesaling wars (not only by organisations, but also by discounters on eBay)
- There are some useful links to tools and sites to get a website up and running quickly, some good advice about projecting that your company is bigger than it is (e.g. by having multiple email addresses for multiple departments) and using this as an enabler to scale later.

I skimmed over many of the other parts of the book since it was a bit too verbose. ( )

This is an absolute must read for anyone looking for more freedom in their life. There are so many great tips and case studies that it really feels possible for anyone to accomplish the flexibility of a 4 hour work week. It is written in a fun, easy to read manner but provides great information on resources for each section. I can't wait to start implementing things in this book to improve my life ( )