How To Get Rich According To Tim Ferriss

There are a million ways to make a million dollars and this is how Tim Ferriss did it.
Tim Ferriss is someone who we routinely follow because he’s always doing something interesting or has something smart to say.
Ferriss is a successful author, entrepreneur, investor, public speaker and human guinea pig, as he likes to refer to himself.
With an estimated net worth of over 100 million USD, he has flipped the script on conventional wealth building.
There’s a lot to learn from him so here is how to get rich, according to Tim Ferriss.
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In this Alux.com video we will be answering the following questions:
How To Get Rich According To Tim Ferriss?
How did Tim Ferriss got rich?
________
00:00 - Intro
00:36 - Design your life before your wealth
02:04 - Become a Master of Outsourcing.
03:57 - Mini-Retirements.
06:00 - Fear-setting of goal-setting
07:58 - Invest in learning
09:03 - Build a personal brand
09:57 - Think big, but take super small steps
11:25 - Network differently
12:38 - Master the art of saying “no”
14:08 - Enjoy the journey
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Пікірлер: 105

  • @brittanynicolette9473
    @brittanynicolette94736 ай бұрын

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

  • @Franklin00974

    @Franklin00974

    6 ай бұрын

    Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

  • @alicebenard5713

    @alicebenard5713

    6 ай бұрын

    This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

  • @brittanynicolette9473

    @brittanynicolette9473

    6 ай бұрын

    Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

  • @blessingpaul5484

    @blessingpaul5484

    6 ай бұрын

    Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

  • @RyanContreras72

    @RyanContreras72

    6 ай бұрын

    I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

  • @donalddavis4387
    @donalddavis43879 ай бұрын

    I used to think every investor went broke during recessions, meanwhile some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some, and profit for others, it all starts from having the right mindset. That said, I've set asides $250k to invest for future, unfortunately l'm a complete noob.

  • @janellejacob3799

    @janellejacob3799

    9 ай бұрын

    The market has gone berserk! regardless of experience level, everyone needs a sort of coach at some point to thrive forward.

  • @josephhughes9583

    @josephhughes9583

    9 ай бұрын

    True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

  • @cooperhayes7055

    @cooperhayes7055

    9 ай бұрын

    How can I contact your Asset coach as my portfolio is dwindling?

  • @josephhughes9583

    @josephhughes9583

    9 ай бұрын

    Can't divulge much, it's only right you do your due diligence. I'm been guided by Olivia Maria Lucas and most likely, the internet is where to find her deets.

  • @madhav411

    @madhav411

    9 ай бұрын

    Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @trazzpalmer3199
    @trazzpalmer31997 ай бұрын

    The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

  • @graceocean8323

    @graceocean8323

    7 ай бұрын

    A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.

  • @mcginnnavraj4201

    @mcginnnavraj4201

    7 ай бұрын

    Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.

  • @mcginnnavraj4201

    @mcginnnavraj4201

    7 ай бұрын

    There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.

  • @tunnelvision3246

    @tunnelvision3246

    7 ай бұрын

    I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.

  • @WealthbuilderzTV
    @WealthbuilderzTV9 ай бұрын

    I really love the term design your life. I never really thought to do this. I always thought once I get the money I would be able to design my life. Great thought process

  • @patriciogalvan5247
    @patriciogalvan52476 ай бұрын

    This video is pure gold advice. Not a second is wasted. Thank you for creating it and sharing it. 🙏🏻👍🏼👏🏻✌🏼

  • @TheSastrikal
    @TheSastrikal9 ай бұрын

    Continous learning....... Engaging with mentors... Life long learning.... 👌👌👌👌

  • @clementifangblog8583
    @clementifangblog85839 ай бұрын

    I believe one Africa Young entrepreneur will also be recognized one dey

  • @sirekolasankarshana
    @sirekolasankarshana8 ай бұрын

    This channel has a video on why the 4- hour work week is a scam and also has a video on Tim ferris method of getting rich. By the way I respect this channel please don’t confuse

  • @LukeB83

    @LukeB83

    8 ай бұрын

    Tim has walked away from some of the philosophies in that book

  • @shaheemjackson283
    @shaheemjackson2839 ай бұрын

    Tim Ferris is sooooo innovative!!!

  • @leonnoble8164
    @leonnoble81649 ай бұрын

    😊Everyone need more than their salary to be financially stable. The best thing to do with your money is invest it rightly because money left for saving alway end up used with no return.

  • @roycorey7454

    @roycorey7454

    9 ай бұрын

    Invest in one of these! Real estate Crypto Stock Gold

  • @leahmolly9150

    @leahmolly9150

    9 ай бұрын

    Talking about crypto. I know I am blessed if not I wouldn't have met someone is as spectacular as Anna S Wilson

  • @leahmolly9150

    @leahmolly9150

    9 ай бұрын

    She has helped me recovered a lot from the time I have trading with her

  • @andersonwhales3312

    @andersonwhales3312

    9 ай бұрын

    Yes I'm a living testimony of Anna S Wilson, her platform has also done a great thing for me

  • @henrynoble7011

    @henrynoble7011

    9 ай бұрын

    My first investment with Anna was so great. I invested $2,000 and made a profit of $18,680. Her commission is wow.

  • @johnben9
    @johnben99 ай бұрын

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

  • @MarkGrimm8

    @MarkGrimm8

    9 ай бұрын

    Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

  • @LukeMcfarlane5

    @LukeMcfarlane5

    9 ай бұрын

    An obvious way to invest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisor is important in making these decisions

  • @ritalorrigan

    @ritalorrigan

    9 ай бұрын

    Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the advice of my financial-planner who has helped me gain $985k in a well-diversified portfolio that has experienced exponential growth

  • @KevinClarke9

    @KevinClarke9

    9 ай бұрын

    @@ritalorrigan I've been considering taking that path. I've kept a lot of stocks, but they're starting to depreciate, and I'm not sud if I should stick onto them or sell them. I believe restructuring my portfolio would be facilitated by engaging your investing coach.

  • @ritalorrigan

    @ritalorrigan

    9 ай бұрын

    I'd recommend Dawn Maureen Humphrey She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.

  • @tahirisaid2693
    @tahirisaid26937 ай бұрын

    I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal.||

  • @tahirisaid2693

    @tahirisaid2693

    7 ай бұрын

    I initially started my investment journey with the guidance of a financial advisor named *Jenny Pamogas Canaya.* Her transparent approach granted me full control of my investments, and her fees are reasonable, considering my return on investment. Nonetheless, it's crucial to conduct thorough research before engaging with any financial advisor..|

  • @chriswalter92

    @chriswalter92

    7 ай бұрын

    "It's quite a surprise that you're acquainted with her as well. I've had the privilege of gaining significant profits while learning and investing under her guidance for the past few months. JENNY PAMOGAS CANAYA truly stands out as one of the most exceptional mentors and traders I've had the pleasure of collaborating with in recent years. Her expertise in navigating various market situations is truly remarkable."

  • @clementifangblog8583
    @clementifangblog85839 ай бұрын

    Thanks so much for sharing,I really appreciate been part of this family

  • @hugh009
    @hugh0099 ай бұрын

    I have been a huge fan of Tim as I read his 4 Hour Workweek shortly after it came out. I learned from the great Foster Hibbard the following - F.E.A.R. - FALSE EVIDENCE APPEARING REAL! It revolutionized my life and I have we shared this in almost all the books I have written.

  • @alux
    @alux9 ай бұрын

    How To Get Rich According To Tim Ferriss Get the app: www.alux.com/app How To Get Rich According To Warren Buffet - kzread.info/dash/bejne/an6Iuc6Qdq3QiZM.html How To Get Rich, According To - kzread.info/head/PLP35LyTOQVIv5vJNGyGJ03wC9i43xRUIW

  • @piarspropertiescoventry8893

    @piarspropertiescoventry8893

    9 ай бұрын

    😊😊😊😊😊😊😊😊😊

  • @auro1986
    @auro19869 ай бұрын

    narrator says if you keep watching 15 videos in alux channel daily then not just tim here but alux will be rich to pay any celebrity to advertise alux

  • @TheSastrikal
    @TheSastrikal9 ай бұрын

    Rising stars.....value upfront. 🥳🥳🥳

  • @liverightdieproud2189
    @liverightdieproud21899 ай бұрын

    I am an upper middle class Indian. Things r very good here in India. Corruption is going down, new opportunities coming up. India today is greener pasture than most European countries and definitely greener than US.

  • @TheSastrikal

    @TheSastrikal

    9 ай бұрын

    True.. But we need to speak up n post videos otherwise people may not know about Bharat... West has been repeatedly portraying the opposite...

  • @englishcoach7772
    @englishcoach77728 ай бұрын

    He knew and other established figures knew how to market him, he is and you are conventional.

  • @TheSastrikal
    @TheSastrikal9 ай бұрын

    Well...... Little sabbaticals..... 🥳🥳🥳🥳...... Great idea....

  • @JnrMedia......
    @JnrMedia......9 ай бұрын

    Very informational ,earned a subscriber ❤

  • @sipradas7823
    @sipradas78239 ай бұрын

    please add english subtitles

  • @daniloimbernon9971
    @daniloimbernon99718 ай бұрын

    🎯 Key Takeaways for quick navigation: Made with HARPA AI

  • @danieldpa8484
    @danieldpa84847 ай бұрын

    very smart - the mini-retirements and the outsourcing!

  • @ahscreation4787
    @ahscreation47879 ай бұрын

    Very good advice 👏

  • @russellbess1774
    @russellbess17748 ай бұрын

    Ginormous crock of sheetfed! 😅

  • @jerom9086
    @jerom90869 ай бұрын

    Cover Toto Wolff. Thank You.

  • @youknowwithMartyKauffman
    @youknowwithMartyKauffman9 ай бұрын

    Great video

  • @arashdeepsingh7675
    @arashdeepsingh76759 ай бұрын

    Great video🔥

  • @AbdullahiShehuGadole-tl5hz
    @AbdullahiShehuGadole-tl5hz9 ай бұрын

    Informative

  • @Kassandrasson
    @Kassandrasson9 ай бұрын

    Stay the course everyone

  • @aramisayresfilho6764
    @aramisayresfilho67648 ай бұрын

    Thank you so much

  • @azukaabrahamnduka5242
    @azukaabrahamnduka52429 ай бұрын

    Lifestyle design

  • @malexperiment
    @malexperiment9 ай бұрын

    Ma'am make a video on how to be patient and wait for the long-term run

  • @malexperiment

    @malexperiment

    9 ай бұрын

    Play the long game because our attention span is very low

  • @grahamwithinshaw5575
    @grahamwithinshaw55759 ай бұрын

    Live long and prosper Alux ladies love ❤️ y’all next Tim aluxer

  • @malexperiment
    @malexperiment9 ай бұрын

    Ma'am make q&a like before in your channel

  • @TheSastrikal
    @TheSastrikal9 ай бұрын

    Saying No.....

  • @stealthman50
    @stealthman509 ай бұрын

    4th

  • @watsonkashala99
    @watsonkashala999 ай бұрын

    Love from Zambia 🇿🇲

  • @Mo-wj5jl
    @Mo-wj5jl8 ай бұрын

    Reverse engineering

  • @internetjunkie5241
    @internetjunkie52419 ай бұрын

    find a away to sell a big audience a subscription .

  • @Luxury_Affairs
    @Luxury_Affairs9 ай бұрын

    Great contents and very inspirational for my videos! ;)

  • @johnkh2576
    @johnkh25769 ай бұрын

    Alux,for at least for 5 years we've been waiting a video for president DJT. I learned from u that 'u can't fall into crowds' bulsht talk'.Dont be afraid of getting critisized.Just pull the trigger 🎉

  • @seenuz1
    @seenuz19 ай бұрын

    Awesome Tim Ferris and Alux...for motivating

  • @kingech_B15
    @kingech_B159 ай бұрын

    15 things about Biden

  • @derylhenriquez2962

    @derylhenriquez2962

    9 ай бұрын

    Biden is waste of time.

  • @princenwaokike4687
    @princenwaokike46879 ай бұрын

    3rd to comment Great video!!

  • @CristianFernandez-eu3cm
    @CristianFernandez-eu3cm9 ай бұрын

    Really enjoyed his books, he has good points

  • @gabriellacompany
    @gabriellacompany9 ай бұрын

    Thankyou ALUX 🎉

  • @thepositivepeach_80
    @thepositivepeach_809 ай бұрын

    During my work time...I usually keep myself motivated with this videos on Alex...and it really made so much improvement in my life..

  • @AF-hl1hk

    @AF-hl1hk

    9 ай бұрын

    How this vedio only come out 2 hours ago

  • @vincentguggisberg8050
    @vincentguggisberg80509 ай бұрын

    Love from 🇬🇭 Ghana

  • @kuotemmanuelmevergreen1658
    @kuotemmanuelmevergreen16589 ай бұрын

    PURA VIDA 🥰