WORK-LIFE BALANCE: Tim Ferriss Top 5 Rules For Success

Business 13Tim Ferriss is a New York Times best-selling author, an inspirational speaker and successful entrepreneur. His most famous book, ‘The 4 Hour Work Week’ has sold over 1.3 million copies worldwide.  Like most people, success didn’t come easy. His book was rejected by 26 of 27 potential publishers, but ended up spending 4 years on the New York Times bestseller list. Today, Ferriss is a passionate creator, angel investor, and has made an incredibly successful life for himself.

Having been through the school of hard knocks, and survived, Ferriss said optimism is important, if you are choosing to step up, but it is just as important to know how things may go wrong, and be prepared for them.

“You WILL face failure. Where you go from those failures will determine your future. Don’t let a knock back knock you down,” he added.

Tim Ferriss’ inspiring “Top 10 Rules for Success” video, TIM-FERRISS-c-Daniel-Krieger-Photographyfeatured extensively on the internet,  is a must watch documentary for all aspiring entrepreneurs. Thanks to this article published in fearlessmotivation.com, we have distilled five inspiring lessons from his rules of success.

 

1- Scratching your own itch

Trying to be all things to all people is a fast track to nowhere. Instead, spend your time, energy, and  money on things that matter to YOU. Doing otherwise will not bring you success nor happiness. The question you should be asking isn’t, “What do I want?” or “What are my goals?” but “What would excite me?” said Ferris.

2- Focusing on your strengths

We all have our strengths and weaknesses, but “what we fear doing most is usually what we most need to do,” he added. Ferris said  it is important to be honest with oneself, to refine and rebuild upon one’s strengths, and delegate tasks which one is not so good at.

3- Learning the art of the pitch

Big opportunities for good exposure seldom comes along, so be well-prepared when it happens. It is not only important to learn how to pitch, but when to pitch. Everyone in business sells in one way or another, so it is important to learn how to communicate well, to sell what you are offering. “Do not overestimate the competition and underestimate yourself. You are better than you think. If you are insecure, guess what? The rest of the world is, too,” added Ferriss.

4- Having a focused metric

“Someday” is a disease that will take your dreams to the grave with you,” said Ferris, which is true if you don’t have a specific, measurable goal to achieve. Data doesn’t lie. When you are starting out in business, it’s important to quickly identify your strengths and build on them. Similar to knowing your strengths, you must also choose wisely what gets your attention, and what doesn’t. It is possible to  become more efficient and effective by focusing on one or two key tasks at a time.

5- Picking the right things to do.

Be proactive in all aspects of your life, and not just in business. Ferris once said,  “A person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have.” Indeed one of the biggest challenge in life is to find your own voice and  inner balance, and this happens when you invest time in relationships, social networks, and yourself – which is the true success in life, more than just work.

 

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