3 Takeaways from Tools of Titans

Tools of Titans 3 Takeaways @DrawntoDIY

Hello and welcome to Drawn to DIY!

Since today is the first Monday of the month, this post is part of the blog's mini series called 3 Takeaways where I share three insights from an inspiring book, leader, or podcast.

This first month of 2017 is about Tools of Titans, the latest book of best-selling author, podcaster, and entrepreneur, Tim Ferriss. 

I’ve read The 4-Hour Workweek back in May (my 3 Takeaways blog post here) and was immediately hooked on this “lifestyle design” concept in which you create a lifestyle around the things you love. 

Seems pretty straightforward, right? 

But as a corporate stooge in her mid-20’s, this was eye-opening for me at that time. Upon discovering the many, liberating options most people don't usually take advantage of, I’ve since then tried to think differently in whatever approach I took when it comes to working, learning, and living. 

Now, with Tools of Titans, it's intriguing to discover the “tactics, routines, and habits of billionaires, icons, and world-class performers,” mostly from those whom Tim interviewed in his podcast “The Tim Ferriss Show.” This includes industry giants like Seth Godin, Tony Robbins, Peter Thiel, Arnold Schwarzenegger, Josh Waitzkin, James Altucher, and many more. 

A fair warning: some parts of this book aren’t for everyone. 

Tim says so himself that you should skip liberally but do so intelligently. He adds, “I want you to skip anything that doesn’t grab you…My goal is for each reader to like 50%, love 25%, and never forget 10%.”

Personally, a portion of that unforgettable 10% lies in a chapter called Testing The “Impossible”: 17 Questions That Changed My Life.

Here are my three takeaways, in the form of three of the 17 questions:

 

1. If I could only work 2 hours per week on my business, what would I do?

This is related to the concepts found in The 4-Hour Workweek but presenting it in this manner is straightforward and easy to digest. Your answer to this will highlight only what's necessary and pinpoint what’s effective as opposed to efficient.

It helps to remember the 80-20 Principle or the Pareto Rule where 80% of your results usually come from only 20% of your efforts. 

The goal here is to focus only on the actions that you need to do and delegate the rest. Cut out anything that simply wastes time and doesn’t move the needle as much. 

 

2. What would I do/have/be if I had $10 million? What’s my real TMI?

With all this new year's resolutions talk recently, this question is both humbling and liberating at the same time. 

The goal is to evaluate your ideal lifestyle. 

For every dream purchase, experience, installation, upgrade, renovation… 

How much does it cost? How much or how little can you live with? How much can you get away with?

For many people, their TMI or Target Monthly Income isn’t all that high.

 

3. Could it be that everything is fine and complete as is?

“I’ve personally decided that achievement is no more than a passing grade in life. It’s a C+ that gets you limping along to the next grade. For anything more, and certainly for anything approaching happiness, you have to want what you already have.” - Tim Ferriss

The goal here is to reflect and realize that sometimes happiness isn’t about “more” — usually it’s about less, better, and simpler.

With that, this month's free printable is straightforward — questions to ponder on and an answer portion helpful for evaluating your life or business,.

Download your free printable here. 

 
 

*This is an Amazon affiliate link wherein I may earn a percentage commission if you purchase. Please note that going through this link will NOT affect your purchase price.

Grab your copy of Tools of Titans today from Amazon*


 

Share below: Do these questions resonate with you or your business? Have you read the book? What are YOUR three takeaways?