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Now listening again with the script
If everyone is defining a problem or trying to solve it the same way and the results aren’t satisfactory, ask, “What if I did the opposite?” In his recent book, the author Tim Ferris builds a case for challenging commonly-held assumptions that convention and “the way things have always been done” tend to force upon us. So what are his rules that break the rules?
Firstly, he argues that absolute income is not as important as relative income. Relative income is a measure of both time and money; for example, the person working 10 hours a week and making $10,000 is richer than the person working 80 hours a week and making $100,000.
The whole concept of retirement is predicated on the assumption that you dislike what you’re doing during the most physically capable years of your life, which is a terrible and completely unacceptable reality. Retirement should be viewed as the worst-case scenario insurance. To be honest, building up enough capital to sustain a retirement above the poverty level is a mathematical impossibility for most people, given the realities of today’s market.
Working less does not necessarily constitute laziness. Our culture tends to reward personal sacrifice over personal effectiveness, but your contribution should be measured in results, not time. Laziness isn’t working less; laziness is letting circumstances define your life for you, or “passing through life like a spectator from an office window.”
Ask for forgiveness, not permission. People will deny things on an emotional basis that they’ll actually accept after you’ve already done it. As long as any potential damage is minimal or reversible, don’t give anyone the chance to say no; just do it, and you can ask for forgiveness later if necessary.
Money alone is not the solution. Adding more money isn’t the answer as often as we think it is. We delude ourselves into thinking that we need more, and busy ourselves trying to make more, thereby avoiding the real problem.
Finally, stress is not necessarily bad. Distress is bad, but eustress is good. Eustress is stress that helps you grow. Embrace good stress instead of avoiding stress altogether.
I definitely agree with Tim Ferris that just following what most do, going with what numbers define as popular, is a mistake. It is life on cruise control – bland, lifeless and over-processed.
Now listening again with the script
If everyone is defining a problem or trying to solve it the same way and the results aren’t satisfactory, ask, “What if I did the opposite?” In his recent book, the author Tim Ferris builds a case for challenging commonly-held assumptions that convention and “the way things have always been done” tend to force upon us. So what are his rules that break the rules?
Firstly, he argues that absolute income is not as important as relative income. Relative income is a measure of both time and money; for example, the person working 10 hours a week and making $10,000 is richer than the person working 80 hours a week and making $100,000.
The whole concept of retirement is predicated on the assumption that you dislike what you’re doing during the most physically capable years of your life, which is a terrible and completely unacceptable reality. Retirement should be viewed as the worst-case scenario insurance. To be honest, building up enough capital to sustain a retirement above the poverty level is a mathematical impossibility for most people, given the realities of today’s market.
Working less does not necessarily constitute laziness. Our culture tends to reward personal sacrifice over personal effectiveness, but your contribution should be measured in results, not time. Laziness isn’t working less; laziness is letting circumstances define your life for you, or “passing through life like a spectator from an office window.”
Ask for forgiveness, not permission. People will deny things on an emotional basis that they’ll actually accept after you’ve already done it. As long as any potential damage is minimal or reversible, don’t give anyone the chance to say no; just do it, and you can ask for forgiveness later if necessary.
Money alone is not the solution. Adding more money isn’t the answer as often as we think it is. We delude ourselves into thinking that we need more, and busy ourselves trying to make more, thereby avoiding the real problem.
Finally, stress is not necessarily bad. Distress is bad, but eustress is good. Eustress is stress that helps you grow. Embrace good stress instead of avoiding stress altogether.
I definitely agree with Tim Ferris that just following what most do, going with what numbers define as popular, is a mistake. It is life on cruise control – bland, lifeless and over-processed.
Now listening again with the script
If everyone is defining a problem or trying to solve it the same way and the results aren’t satisfactory, ask, “What if I did the opposite?” In his recent book, the author Tim Ferris builds a case for challenging commonly-held assumptions that convention and “the way things have always been done” tend to force upon us. So what are his rules that break the rules?
Firstly, he argues that absolute income is not as important as relative income. Relative income is a measure of both time and money; for example, the person working 10 hours a week and making $10,000 is richer than the person working 80 hours a week and making $100,000.
The whole concept of retirement is predicated on the assumption that you dislike what you’re doing during the most physically capable years of your life, which is a terrible and completely unacceptable reality. Retirement should be viewed as the worst-case scenario insurance. To be honest, building up enough capital to sustain a retirement above the poverty level is a mathematical impossibility for most people, given the realities of today’s market.
Working less does not necessarily constitute laziness. Our culture tends to reward personal sacrifice over personal effectiveness, but your contribution should be measured in results, not time. Laziness isn’t working less; laziness is letting circumstances define your life for you, or “passing through life like a spectator from an office window.”
Ask for forgiveness, not permission. People will deny things on an emotional basis that they’ll actually accept after you’ve already done it. As long as any potential damage is minimal or reversible, don’t give anyone the chance to say no; just do it, and you can ask for forgiveness later if necessary.
Money alone is not the solution. Adding more money isn’t the answer as often as we think it is. We delude ourselves into thinking that we need more, and busy ourselves trying to make more, thereby avoiding the real problem.
Finally, stress is not necessarily bad. Distress is bad, but eustress is good. Eustress is stress that helps you grow. Embrace good stress instead of avoiding stress altogether.
I definitely agree with Tim Ferris that just following what most do, going with what numbers define as popular, is a mistake. It is life on cruise control – bland, lifeless and over-processed.
Now listening again with the scriptIf everyone is defining a problem or trying to solve it the same way and the results aren’t satisfactory, ask, “What if I did the opposite?” In his recent book, the author Tim Ferris builds a case for challenging commonly-held assumptions that convention and “the way things have always been done” tend to force upon us. So what are his rules that break the rules?
Firstly, he argues that absolute income is not as important as relative income. Relative income is a measure of both time and money; for example, the person working 10 hours a week and making $10,000 is richer than the person working 80 hours a week and making $100,000.
The whole concept of retirement is predicated on the assumption that you dislike what you’re doing during the most physically capable years of your life, which is a terrible and completely unacceptable reality. Retirement should be viewed as the worst-case scenario insurance. To be honest, building up enough capital to sustain a retirement above the poverty level is a mathematical impossibility for most people, given the realities of today’s market.
Working less does not necessarily constitute laziness. Our culture tends to reward personal sacrifice over personal effectiveness, but your contribution should be measured in results, not time. Laziness isn’t working less; laziness is letting circumstances define your life for you, or “passing through life like a spectator from an office window.”
Ask for forgiveness, not permission. People will deny things on an emotional basis that they’ll actually accept after you’ve already done it. As long as any potential damage is minimal or reversible, don’t give anyone the chance to say no; just do it, and you can ask for forgiveness later if necessary.
Money alone is not the solution. Adding more money isn’t the answer as often as we think it is. We delude ourselves into thinking that we need more, and busy ourselves trying to make more, thereby avoiding the real problem.
Finally, stress is not necessarily bad. Distress is bad, but eustress is good. Eustress is stress that helps you grow. Embrace good stress instead of avoiding stress altogether.
I definitely agree with Tim Ferris that just following what most do, going with what numbers define as popular, is a mistake. It is life on cruise control – bland, lifeless and over-processed.
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- Question 1 of 4
1. Question
You’re going to hear a talk about a new book.
You will hear the talk twice.
The first time you listen, you cannot make notes
After the first time, try and summarise what the speaker is generally talking about in one or two sentences.
Press play when you are ready
ANSWERANSWER: The case for challenging commonly-held assumptions (any broadly similar formulation is acceptable).
CorrectIncorrect - Question 2 of 4
2. Question
You’re going to hear a talk about a new book.
You will hear the talk twice.
The first time you listen, you cannot make notes
After the first time, try and summarise what the speaker is generally talking about in one or two sentences.
Press play when you are ready
ANSWERANSWER: The case for challenging commonly-held assumptions (any broadly similar formulation is acceptable).
CorrectIncorrect - Question 3 of 4
3. Question
Now listen again. This time you can make notes if you want to.
After you have heard the recording again, you will have 1 minute to summarise the author’s “rules that break the rules” and why they should be broken.
Are you ready? Press “play”.
1 MINUTE TIMERWhen the audio stops, you have about one minute to give your answer to the examiner.
Use this timer to practise for your exam
- ANSWERS
Rules Why? Absolute income is not as important as relative income. Because time is as important as money Retirement is the worst-case scenario insurance. Because earning enough money for retirement s a mathematical impossibility for most people Working less is not necessarily lazy. Because your contribution should be measured in results, not time. Ask for forgiveness, not permission. Because people will deny things on an emotional basis that they’ll actually accept after you’ve already done it. Money alone is not the solution. Because we delude ourselves into thinking that we need more mor, and busy ourselves trying to make more, thereby avoiding the real problem. Stress is not necessarily bad. “Eustress” is stress that helps you grow. How many could you remember?
Record your points here:
CorrectIncorrectHint
6 x rules
- Question 4 of 4
4. Question
Now listen again. This time you can make notes if you want to.
After you have heard the recording again, you will have 1 minute to summarise the author’s “rules that break the rules” and why they should be broken.
Are you ready? Press “play”.
1 MINUTE TIMERWhen the audio stops, you have about one minute to give your answer to the examiner.
Use this timer to practise for your exam
- ANSWERS
Rules Why? Absolute income is not as important as relative income. Because time is as important as money Retirement is the worst-case scenario insurance. Because earning enough money for retirement s a mathematical impossibility for most people Working less is not necessarily lazy. Because your contribution should be measured in results, not time. Ask for forgiveness, not permission. Because people will deny things on an emotional basis that they’ll actually accept after you’ve already done it. Money alone is not the solution. Because we delude ourselves into thinking that we need more mor, and busy ourselves trying to make more, thereby avoiding the real problem. Stress is not necessarily bad. “Eustress” is stress that helps you grow. How many could you remember?
Record your points here:
CorrectIncorrectHint
6 x rules