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Tim Ferriss · 2021-11-23

The Lost Presentation That Launched The 4-Hour Workweek from SXSW 2007 | The Tim Ferriss Show

Tim Ferriss's recovered 2007 SXSW talk that launched The 4-Hour Workweek, laying out lifestyle design before the book existed.

The Lost Presentation That Launched The 4-Hour Workweek from SXSW 2007 | The Tim Ferriss Show
The guest

Tim Ferriss: Author, entrepreneur, and podcaster who guest-lectured on high-tech entrepreneurship at Princeton. In 2007 he was a startup founder and first-time author presenting the core ideas of his unpublished book, The 4-Hour Workweek.

What this episode covers

This is a special archival episode: a recently rediscovered recording of Tim Ferriss's very first SXSW presentation from March 2007, sent to him by Cal Newport, who used it researching a New Yorker article. Speaking in an overflow room a month before The 4-Hour Workweek was published, Ferriss walks through his framework of lifestyle design built on controlling three currencies: time, income, and mobility. He structures the talk around definition, elimination, automation, and liberation, illustrating each with stories from running his sports nutrition company while traveling through 20-plus countries. He covers the 80/20 principle, Parkinson's Law, email batching with auto-responders, outsourcing to Indian assistants, and negotiating remote work as an employee. The talk ends with a Q&A and a challenge offering a free round-trip ticket anywhere in the world to whoever best implements his ideas by Wednesday midnight.

Recommended on this episode

ProductRecommended

Your Man in India (YMII)

“There are two companies I'd recommend you look at closely”
“There are two companies I'd recommend you look at closely. Your Man in India, YMII, and Brickwork. Okay? Uh both based in India.”— Tim Ferriss
ProductRecommended

Brickwork

“There are two companies I'd recommend you look at closely”
“There are two companies I'd recommend you look at closely. Your Man in India, YMII, and Brickwork. Okay? Uh both based in India.”— Tim Ferriss

The guest's own work

BookBy the guestISBN verified

The 4-Hour Workweek

Tim Ferriss

“The 4-Hour Workweek is my first book, and it encapsulates my experience over the last 4 or 5 years uh conducting experiments around the world”— Tim Ferriss

Also referenced (named, not recommended)

BookReferencedISBN verified

Deep Work

Cal Newport

“it was a great surprise when Cal Newport, you can find him at calnewport.com, author of Deep Work and a writer for the New Yorker”— Tim Ferriss
ProductReferenced

BrainQUICKEN

Tim Ferriss

“send an email to [email protected]. Uh that's that's one of the products that I'm involved with. And uh it's very clear.”— Tim Ferriss
ProductReferenced

Palm Z22

Palm

“This is the first PDA I've ever owned, and I bought it a week ago. It cost me $99. It's the Palm Z22, I believe.”— Tim Ferriss

Big reveals from this episode

  • Ferriss prepared for the talk by rehearsing roughly a hundred times to an empty garage and his friend Jason's three Chihuahuas, the only test audience he had.
  • On the day of the presentation his computer crapped out and all his prepared slides failed, forcing him to freestyle the entire talk from memory, and it worked.
  • This SXSW talk is where bloggers first heard about the book; it cascaded to figures like Robert Scoble and propelled the book onto the New York Times bestseller list for roughly seven years.
  • Ferriss discovered that of his ~120 wholesale customers, just five were contributing about 95% of his profit while he chased the rest.
  • He put unproductive customers on a holding pattern and deliberately made ordering harder (requiring printed, faxed forms) to filter for low-maintenance customers and chase income, not customer count.
  • By applying 80/20, he cut his wholesale work from about 60 hours per week to about 2 hours per week and increased that division's profit ~20% within two weeks.
  • He recommends an email auto-responder announcing you check email only twice a day (e.g. 11am and 4pm), training the people around you to obey rules you set.

Worth remembering

  • Before unplugging, Ferriss worked 7am to 9pm, six or seven days a week, slept under cubicles, and checked email 100-200 times a day like a rat with a cocaine pellet dispenser.
  • He cites that the average worker has only about 500 months of solid work in a lifetime, arguing the overwork model isn't sustainable or scalable.
  • Of his five most profitable customers, two were abusive ball-breakers, so he fired them by email with a no-insults condition; one left and the other shaped up and doubled orders.
  • Parkinson's Law, introduced to him by Princeton professor Ed Zschau, holds that a task swells in perceived complexity in proportion to the time you allot it.
  • The average American worker spends 24% of their time switching between tasks, and once interrupted, 40% never return to complete the original task.
  • Ferriss advises outsourcing anything you can pay someone less than your hourly rate to do; he employed about 25 Indian MBAs in Bangalore at $4 an hour to run his life.
  • He shares the hourglass approach: a careerist faked a two-week family emergency, routed support calls to his fiance's phone in China, proposed, then negotiated one remote day per week using productivity data.
  • At a Brazil airport he saw a 20-foot BlackBerry ad reading 'now your email can find you anywhere in the world,' which he called his idea of hell.
  • His one and only PDA was a $99 Palm Z22 bought a week earlier, chosen specifically because it had no internet access.
  • Ferriss reveals he originally wanted to call it the 2-Hour Workweek, but his publisher thought two hours was too unbelievable and compromised on four.