Lessons from Timothy Ferriss’ “Tools of Titans”

Tools of Titans” is Timothy Ferriss‘ latest book, compiling lessons he has learned from interviewing over 200 world-class performers in his ‘The Tim Ferriss Show’ podcast. It is massive, and the number of takeaways he’s given away in the book is as plenty as it’s size. Like his “The 4-Hour Workweek” title, several of the ideas in it got me thinking deeper into how I’m living my own life, asking myself which projects and goals actually matter. Plus there’s bonus notes on other interesting things, like physical exercises that provide bang for the buck and the profound effects of using psychedelics in healthy doses.

Some favorite lessons:

  • The quality of your questions determines the quality of your life.
  • Do your kids remember you for being the best dad? Not the dad who gave them everything, but will they be able to tell you anything one day? Will they able to call you out of the blue, any day, no matter what? Are you the first person they want to ask for advice?
  • If you don’t do something well, don’t do it unless you want to spend the time to improve it.
  • Accept that quality long-term results require quality long-term focus. No emotion. No drama. No beating yourself up over small bumps in the road. Learn to enjoy and appreciate the process. This is especially important because you are going to spend far more time on the actual journey than with those all too brief moments of triumph at the end.
  • It’s not what you know, it’s what you do consistently.
  • When you’re thinking of how to make your business bigger, it’s tempting to try to think all the big thoughts, the world-changing, massive-action plans. But please know that it’s often the tiny details that really thrill someone enough to make them tell all their friends about you.
  • If this were the only thing I accomplished today, would I be satisfied with my day? Will moving this forward make all the other to-dos unimportant or easier to knock off later?
  • You can sacrifice quality for a great story.
  • People who have plenty of good ideas, if they’re telling you the truth, will say they have even more bad ideas. So the goal isn’t to get good ideas; the goal is to get bad ideas. Because once you get enough bad ideas, then some good ones have to show up.
  • The way you teach your kids to solve interesting problems is to give them interesting problems to solve. And then, don’t criticize them when they fail. Because kids aren’t stupid. If they get in trouble every time they try to solve an interesting problem, they’ll just go back to getting an A by memorizing what’s in the textbook.
  • Commit, within financial reason, to action instead of theory. Learn to confront the challenges of the real world, rather than resort to the protective womb of academia. You can control most of the risks, and you can’t imagine the rewards.
  • Choose projects and habits that, even if they result in “failures” in the eyes of the outside world, give you transferable skills or relationships.
  • For anything important, you don’t find time. It’s only real if it’s on the calendar.
  • When deciding whether to commit to something, if I feel anything less than “Wow! That would be amazing! Absolutely! Hell yeah!”—then my answer is no. When you say no to most things, you leave room in your life to really throw yourself completely into that rare thing that makes you say, “HELL YEAH!”
  • Great creative work isn’t possible if you’re trying to piece together 30 minutes here and 45 minutes there. Large, uninterrupted blocks of time—3 to 5 hours minimum—create the space needed to find and connect the dots. And one block per week isn’t enough. There has to be enough slack in the system for multi-day, CPU-intensive synthesis. For me, this means at least 3 to 4 mornings per week where I am in “maker” mode until at least 1 p.m.
  • Don’t try to please anyone but yourself. The second you start doing it for an audience, you’ve lost the long game because creating something that is rewarding and sustainable over the long run requires, most of all, keeping yourself excited about it. Trying to predict what an audience will] be interested in and kind of pretzeling yourself to fit those expectations, you soon begin to begrudge it and become embittered—and it begins to show in the work. It always, always shows in the work when you resent it.
  • You can’t blame your boss for not giving you the support you need. Plenty of people will say, ‘It’s my boss’s fault.’ No, it’s actually your fault because you haven’t educated him, you haven’t influenced him, you haven’t explained to him in a manner he understands why you need this support that you need. That’s extreme ownership. Own it all.
  • The world is this continually unfolding set of possibilities and opportunities, and the tricky thing about life is, on the one hand having the courage to enter into things that are unfamiliar, but also having the wisdom to stop exploring when you’ve found something worth sticking around for. That is true of a place, of a person, of a vocation. Balancing those two things—the courage of exploring and the commitment to staying—and getting the ratio right is very hard.
  • Any great idea that’s significant, that’s worth doing, for him, will last about 5 years, from the time he thinks of it, to the time he stops thinking about it. And if you think of it in terms of 5-year projects, you can count those off on a couple hands, even if you’re young.
  • The way you do anything is the way you do everything.
  • To blame someone for not understanding you fully is deeply unfair because, first of all, we don’t understand ourselves, and even if we do understand ourselves, we have such a hard time communicating ourselves to other people. Therefore, to be furious and enraged and bitter that people don’t get all of who we are is a really a cruel piece of immaturity.
  • It’s better to be in an expanding world and not quite in exactly the right field, than to be in a contracting world where peoples’ worst behavior comes out.
  • In any situation in life, you only have three options. You always have three options. You can change it, you can accept it, or you can leave it. What is not a good option is to sit around wishing you would change it but not changing it, wishing you would leave it but not leaving it, and not accepting it. It’s that struggle, that aversion, that is responsible for most of our misery.
  • Perhaps I didn’t need to keep grinding and building? Perhaps I needed more time and mobility, not more income? This made me think that maybe, just maybe, I could afford to be happy and not just “successful.”
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Takeaways from Timothy Ferriss’ “The 4-Hour Workweek”

Timothy Ferriss‘ “The 4-Hour Workweek” might be my favorite book this year. Tons of lessons about how to be productive, as well as how to enjoy life to the fullest, and reading the book has left me excited about the future while reconsidering many of my other choices.

Some favorite takeaways:

  • The perfect job is the one that takes the least time. The goal is to free time and automate income.
  • ‘If only I had more money’ is the easiest way to postpone the intense self-examination and decision-making necessary to create a life of enjoyment – now and not later. Busy yourself with the routine of the money wheel, pretend it’s the fix-all, and you artfully create a constant distraction that prevents you from seeing just how pointless it is. Deep down, you know it’s all an illusion, but with everyone participating in the same game of make-believe, it’s easy to forget.
  • What are you waiting for? If you cannot answer this without resorting to the previously rejected concept of good timing, the answer is simple: You’re afraid, just like the rest of the world. Measure the cost of inaction, realize the unlikelihood and repairability of most missteps, and develop the most important habit of those who excel, and enjoy doing so: action.
  • Retirement as a goal or final redemption is flawed for at least three solid reasons:
    1. It is predicated on the assumption that you dislike what you are doing during the most physically capable years of your life.
    2. Most people will never be able to retire and maintain even a hotdogs-for-dinner standard of living. Even one million is chump change in a world where traditional retirement could span 30 years and inflation lowers your purchasing power 2-4% per year. The math doesn’t work.
    3. If the math doesn’t work, it means that you are one ambitious hardworking machine. If that’s the case, guess what? One week into retirement, you’ll be so damn bored that you’ll want to stick bicycle spokes in your eyes.
  • If it isn’t going to devastate those around you, try it and then justify it. Get good at being a troublemaker and saying sorry when you really screw up. Ask for forgiveness, not permission.
  • Ninety-nine percent of people in the world are convinced they are incapable of achieving great things, so they aim for the mediocre. The level of competition is thus fiercest for ‘realistic’ goals, paradoxically making them the most time- and energy-consuming. So do not overestimate the competition and underestimate yourself. You are better than you think.
  • Doing something unimportant well does not make it important. Requiring a lot of time does not make a task important. What you do is infinitely more important than how you do it. Efficiency is still important, but is useless unless applied to the right things.
  • Remember that most things make no difference. Being busy is a form of laziness – lazy thinking and indiscriminate action. Being overwhelmed is often as unproductive as doing nothing and is far more unpleasant. Being selective – doing less – is the path of the productive. Focus on the important few and ignore the rest.
  • If you haven’t identified the mission-critical tasks and set aggressive start and end times for their completion, the unimportant becomes the important. Even if you know what’s critical, without deadlines that create focus, the minor tasks forced upon you (or invented) will swell to consume time until another bit of minutiae jumps in to replace it, leaving you at the end of the day with nothing accomplished.
  • The key to having more time is doing less, and there are two paths to getting there, both of which should be used together:
    1. Define a short to-do list
    2. Define a not-to-do list
  • Don’t ever arrive at the office or in front of your computer without a clear list of priorities. There should be no more than 2 mission-critical items to complete each day. Never. It just isn’t necessary if they’re actually high-impact.