
The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich

value, there are three main benefits to creating a premium, high-end image and charging more than the competition. Higher pricing means that we can sell fewer units—and thus manage fewer customers—and fulfill our dreamlines. It’s faster. Higher pricing attracts lower-maintenance customers (better credit, fewer complaints/questions, fewer returns, e
... See moreTimothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
The main benefit of your product should be explainable in one sentence or phrase.
Timothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
- Which social, industry, and professional groups do you belong to,
Timothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
It is critical that you decide how you will sell and distribute your product before you commit to a product in the first place.
Timothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
CREATING DEMAND IS hard. Filling demand is much easier. Don’t create a product, then seek someone to sell it to. Find a market—define your customers—then find or develop a product for them.
Timothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
First, the more competing resellers there are, the faster your product goes extinct.
Timothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
smart testing, smart positioning, and brilliant distribution.
Timothy Ferriss • The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
Learn to be difficult when it counts. In school as in life, having a reputation for being assertive will help you receive preferential treatment without having to beg or fight for it every time.