So by now with the guidance from Tim Ferriss and his masterpiece (The Four Hour Workweek), we have reached the stage after goal setting, removing the hindrances you identified and mastering your strengths. Also, the book talks about using the most efficient methods to carrying out or dealing with any issue especially with what business sector, what business model and business plan you decide on. Essentially, this puts you half way on the entrepreneurial scale. Again for in depth details on all of the above things we talked about are available in the book and his blog page (www.fourhourworkweek.com/blog/).
Disclaimer: We do not get any monetary proceeds from his book being sold, I am just genuinely awestruck by his philosophy (and more importantly practical knowledge) and would like the rest of us to know that it is possible for us too. Now we proceed to the last two steps in the Entrepreneurial machine- Automation and Liberation.
Automation- Tim’s definition for automation is that once you master something and have your business running, the time has come to streamline it and make your business work for you rather than the other way around. But, one thing needs to be clearly stated- by “work” we mean the goal/business you start-up. And, like any top entrepreneur would say, they would do this work for free if they had to because they enjoyed what they were doing from the get go.
What automation does is that it gives you free time for bigger things, newer ventures. This is where you get your work hours further reduced. Any process you set up once profiled with clear steps that can be replicated will now become automated. Anyone who has a laptop knows how to do e-commerce, spreadsheets and other necessities. Assigning interns who are enthusiastic to carry on the mantle is the ideal next step and let me tell you in all transparency, inc42 runs on that smart business model. So we/Tim are doing what we/Tim are preaching. Adding interns who are enthusiastic and into what they are doing are better than employees who put themselves (and their qualifications first). The flexible conditions and awesome off-site working environment is refreshing in the modern day office setup!