How to Start a Business or Podcast From Scratch | Tim Ferriss
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- เผยแพร่เมื่อ 10 ส.ค. 2017
- Tim Ferriss's advice on starting a business or podcast | Take 10 seconds and sign up for my free "5-Bullet Friday" newsletter: go.tim.blog/5-bullet-friday-yt/ Each Friday, you’ll get a short email from me with five things I've discovered that week, sending you off to your weekend with fun and useful things to ponder and try. 🙌
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About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 200 million downloads and been selected for “Best of iTunes” three years running.
Connect with Tim Ferriss:
Visit the Tim Ferriss PODCAST: bit.ly/2rYjUBr
Visit the Tim Ferriss BLOG: bit.ly/17jDHw3
Like Tim Ferriss on FACEBOOK: on. 1avYUxq
Follow Tim Ferriss on TWITTER: bit.ly/17d94TE
Follow Tim Ferriss on INSTAGRAM: bit.ly/2IfH37J - แนวปฏิบัติและการใช้ชีวิต
Take 10 seconds and sign up for my free "5-Bullet Friday" newsletter: go.tim.blog/5-bullet-friday-yt/ Each Friday, you’ll get a short email from me with five things I've discovered that week, sending you off to your weekend with fun and useful things to ponder and try. 🙌
An update video over this topic would be a good idea, because of the changing landscape and times.
Tim...stop being so amzing. I'm kidding. Thank you for sharing your brillant mind with the world. Much love!
A. Pick your category
Read 1. 22 Immutable Laws of Marketing (Chapter 2: The Law of Category)
Read 2. Blue Ocean Strategy
B. Don't obsess on scaling
Read 3. Small Giants by Bo Burlingham
C. Scratch your itch, instead of an imaginary audience
D. Determine how big should your business be to fuel the life you want to create
Read 4. Essay: 1000 True Fans
Read 5. Tools of Titans by Tim Ferris
E. Think and plan thoroughly, differentiate and measure, before creating the business
; then stick to the plan by executing its objectives effectively and efficiently.
Read 6. The Effective Executive by Peter F. Drucker
Read 7. 80/20 Rule by RIchard Koch (the original one)
F. Remind yourself why you built a business: Financial Freedom (to create the life you want)
Read 8. Walden by Thoreau
Read 9. Vagabonding by Rolf Potts
G. Hustling 24/7 in a very scatterbrained fashion is a form of laziness
Read 10. The 4 Hour Work Week by Tim Ferriss
why walden 😭😭😭😭😭
Thanks ❤
THANK YOU
Thank you so much
Took me 5 min to realize he's wearing a hat and not a sweat band.
It took me until I read your comment.
First I thought he was wearing a head band then a beanie then I was convinced it is headband until I saw this comment and doubled checked
Lol
Would be a rad hat. With a pic of male pattern baldness on the top
Right!?
A short summary of the ideas from the video above:
1. If you cannot be first in your category, setup a new category. The Blue Ocean strategy.
2. Don't obsess about scaling. Focus on the product.
3. Gain 1000 true fans. They will be the drivers of your growth.
4. Measure your KPIs and train to deliver your message in a clear and concise way.
5. 80/20 principle (works with your content, clients etc)
6. Do many tests and look for the stuff that works. You are only starting, that's okay.
7. In the middle of your journey find time to stop, evaluate what you have already achieved and correct your course direction.
8. Hard (and smart) work is key.
Your comment is definitely underrated
Someone please create 1000 bot accounts and upvote this one!!!
@@EddyLeeKhane ok sir that’ll cost you 997$ for the bot pls send before i start writin code
1. 22 immutable laws of marketing.
2. blue ocean strategy.
3. Small Giants
4. 1000 true fans.
5. the effective executive
6. 80/20 principle
7. vagabonding
8. the 4 hour work week book.
Syed Noor Mohammed thank you!
i will buy his book first
Thank you xx
Thanks Syed
Big Help! Thanks for being thoughtful and putting this Tim Ferriss referral up. It's been a year, how did this work out for you?
This is absolute gold. Thank you
So cool to see you’re watching this too. Big fan of your content.
Yep 👍
My favorite youtuber, watching another youtuber which i think i would grow to love too.
Yeah it’s crazy it only has 711k views
Agree!
0:30
Better create a category and own it.
Then go to what exists
2:25
Don't obsesse on scaling.
Don't work for the awards.
Focus on a great work
Read small giants.
5:15
Create podcasting on something you are curious about
You can then convince others to be invested in it
7:00
If you are taking inspiration from other podcasts understand what made it them.
Is it the host, the guests etc.
Focus on what interests you.
You like that attract your tribe
10:00
Focus on the critical things which are mostly uncomfortable and like that you can outpace others
13:20
Focus on starting
Then focus on repetition.
Focus on discipline then.
And then focus on repetition and decipline with a great video
16:50
תכוונו לנישה מסוימת ואל תתפזרו
16:53 Indiscriminate action is a form of laziness. Powerful.
He comes across as the most genuine business mentor.
"Indiscriminate action is reflective of too little thinking and planning, and that is lazy and that is one of the most destructive forms of laziness because it is socially reinforced and people will encourage you to do that. In other words they will say "just don't stand there do something." Well if you're constantly doing things that are not carefully thought through you will end up doing the opposite the 80/20 principle you will end up specializing in unimportant things." I have been searching for someone to say this very thing long time.
Thank you so much for everything Tim!
I read your book - 4 hour work week 6 years ago before I stared my business. Happy to find your channel!
I've honestly learned more from youtube videos like this than I ever did in school.
Micah Buzan Same
Isn’t that sad. What a horrible education system.
@Don Z I agree with and I too am an incredibly hands on parent. If you don't believe me go check my youtube it is very apparent. All of my not for profit videos are shot at his school. School is still kind of a sham. It's a shit system and even the most authentic and genuine teachers struggle. Standardized testing leaves most creative children behind. IT IS NOT a perfect system. I also am fully aware that I'm commenting on a 7 month old comment. Goddam the internet is fascinating. I hope you are not dead.
I've seen you comment on actualised/Leos
video... His brain did fall out:P
You went to a horrible school.
This is actually such golden advice. Wow. Rewatching this video a couple years later and it’s even more valuable!
16:56 is golden advice. Thank you Tim! This is what I have been missing the past few years of my life.
For everyone who was distracted by the hat, Rewatch the video but this time don't watch it. Let it play in the background while you get work done, make dinner, doodle jump, etc. Much more effective than thinking about that damn hat the whole time. Cheers.
I thought it was a headband for a second lol
@@jakeanant i thought it was a headband too... i came to the comments to see if anyone else thought that.
@@jakeanant I thought it was a headband too 😂. Still great information.
Cursed hat
Chris Sieradzki thank you for your condescending comment that assumes that just cause Tim wore a weird hat and someone noticed, it means the person didn’t actually listen to the video. I listened to it the first time while cooking, like I usually do
Tim - Been consuming large quantities of your content over the past week - YT videos (like this excellent one), Podcast, Tools of Titans (and the 4-hour books on order) - mad respect for you for being so unflinchingly human (not coming over as superhuman) and I thoroughly resonate with your commitment to reading everything that matters on everything you're interested in - I'm 63 and an insatiable read - learning from you (and other experts) as I prepare to launch my first ever podcast and just wanted to thank you for being so hungry and so generous!
I’m only 4-mins in and getting so much out of this. “Constrained by Design”. Love it.
This is a goldmine of information, I will continue to absorb over time. I would love to hear a small talk on how to control money after you've begun your business, this seems like a conversation that very few people have. It seems like it would be easy to drown in success if you had no idea how to leverage it. Thank you for your contributions, Mr. Ferriss.
18 minutes of pure gold, I'll have to watch the video again and again to take full advantage of the advice. Thanks for posting this video!
Pure gold. This reduces my two years of learning and exploring down to a few minutes. Do this and you will succeed.
Tim, this morning I stumbled across your interview on Morning Brew. After, watched two of your videos, including the above. Your guidance regarding starting a business essentially is what I experienced starting my first service corporation back in the early 80s. As founder and CEO, I operated and built that business into a North American competitor over forty plus years, before retiring it six years back. During that time, I started and sold two other businesses. I enjoyed and could relate to your experience on many levels, only my experiences began back in the 70s, including the effects of psychedelics. I hope your audience listened closely, especially to when you say, if they don't have time to read, they probably should pass on starting a business. Thank You!
Thank you for being you Tim. You’re a huge blessing to me! Keep up the great work!
Great video, Tim!
I really enjoy these kind of laid-back videos where you talk about virtually anything. I'll definitely check those books out, although some I already knew about (the 80/20 principle and Vagabonding).
Thanks for sharing your philosophy with us.
These videos are so good Tim, I hope people discover you through this medium and enrich their lives as much as I have through you over the years
Tim, your work ethic, hustle, and marketing skills are legendary. I remember seeing interviews and case studies about tactics you used to make your projects successful. Do you think entrepreneurs are somewhat cheated when the people they look up to preach, "follow your passion! take risks!" without sharing the secret sauce of their hyper growth tactics? You're easily one of the most generous, tactic-oriented guys just out there, just wondering your opinion.
Thank you for this video. Right now I'm finding myself in this situation where I'm too busy not getting anything accomplished mainly because I've accepted roles based on friendships and it has already costed me several opportunities and a lot of money. Hopefully I can get these tasks off my shoulders by the end of this month and I can really focus on my PM classes and start consuming these books for q4 of this year.
Books recommendations for starting a business or podcast by Tim Ferriss.
1. The Effective Executive by Peter F. Drucker - th-cam.com/video/ymiBDged-eQ/w-d-xo.htmlm39s
2. The 80/20 Principles by Richard Koch - th-cam.com/video/ymiBDged-eQ/w-d-xo.htmlm27s
3. Vagabonding by Rolf Potts - th-cam.com/video/ymiBDged-eQ/w-d-xo.htmlm55s
He also recommended "The 22 Immutable laws of marketing" and "Small Giants."
And 1,000 True Fans
Very true, that was an essay tho I believe, but Kevin Kelly's book "Inevitable" is mind blowing.
Thank you!
hey mate53, we got the same avatar!
Tim, I can’t thank you enough for producing this content. I’ve owned my own business for a year and a half and your wisdom and tips are helping me through a hard time! I naturally gravitate towards effectiveness as a person but my nurture has taught me efficiency and being a busy body. By modeling an effective lifestyle and sharing these tips, you are helping me overcome the model I was taught and step into my true self and destiny!
This man's podcasts and books have done so much for me in the past 2 years. I am truly grateful for his content.
That plant thing on the wall is awesome, my kind of art
Always enjoy Tim's honesty, reading ideology and logic. Thanks for the great tips
Watched this a few years back and never fails to bring back so many important ideas.
Each of your videos are better than full books of some.
You're the 20% of whom we should focus on learning from, fire the rest 80%
Found this video only now, 3 years into my biz, but so glad to see you recommending Vagabonding as a "go to" to course correct.
I'll get to the copy I bought in Aug 2011 to spark that ray of light back into what I'm doing.
BTW, you're a great inspiration and one of my favourite speakers. Thank you for your work!
Wow Tim, you're really such a great mentor without even knowing you personally. What a legacy, well done!
Thank you for everything that you share, Tim! You've been one of my mentors and thank you so much.
Your insight into all things is really eye-opening, Tim. Thank you for the work that you do (and the fun that you seem to have doing a lot of it).
Thank you, Tim. Great advice. Your podcast and books are gold mines.
That hat makes it look like your bald and wearing a headband. Lol
LOL I DIDNT NOTICE TIL I CAME ACROSS THIS COMMENT!! HAHAHA I WOULD'A BET MY LIFE HE WAS BALD... AND LOST! I NEED TO PAY ATTENTION TO DETAIL
@@sjmotnezmusicHe wears that hat to practice stoicism. It's a exercise in disregarding when people judge you for something trivial. Quite effect actually. The comments making fun it just make him more desensitized to useless judgement.
He is bald lol
I actually thought he had shaved his head and was wearing a headband! I wasn't watching very intently lol
He looks like a dick head
WOW. One of your most useful videos Tim, thank you! Been following you for years and will continue to do so.
Best 18 minutes I've spent today.
Hi Tim Ferris
I Love this video, you have mentioned the most important factors of creating a business. It helps me to come up with new ideas for a business. It includes marketing and to analyze the small things that make a business a five-star one. Has mentioned in the video, it is important to spend time and read more about the business that someone is trying to start. Your positivity inspires me to keep wanting to accomplish my dreams to make them come true.
I really felt that you said, indiscriminate action is a destructive form of laziness and you become an expert at working hard on trivial things. I really needed to hear that.
This is so brilliant and EXACTLY WHAT I NEED TO REMEMBER. As long as you like it and are a fan then that is fine. Just be content with being great not huge .
Developing a business mind for a creative entrepreneur is hard, but these tips are very helpful. I started my podcast almost a year ago with little planning, and now I realize the value in choosing the content carefully and planning out each season.
Perfect, this is exactly what I was looking for. Informative and motivating. Big thanks!
I believe this is the most relaxed I've ever seen Tim in any of these Videos.
I like it!
👊🏻
Thank you Ferris, very useful, distilled information as usual. You are so far my most important mentor in my life.
Thank you Tim, for sharing this episode! Your insight is greatly appreciated.
“Indiscriminate action is the most destructive form of laziness” - superb!
Excellent advice Mr. Ferriss! So much wisdom here! Thank you sir!
Thank you so much Tim for your books and for this excellent video. So much practical material in a short time! It is helping me build my tiny little channel!
Best video ever. I came across him years ago through other authors who mentioned his "4-Hour Work Week" book. Got it and haven't read it. He speaks great advice in this video. @17:00 , a definite wake-up call.!!!
You ended the vid with some big ass value i haven’t heard yet before. Love it. And you even more
That was time well spent, thank you for that!
Amazing Stuff Tim. Each & every word which comes out of your mouth is so valuable & to the point. Many people out there are charging hundreds of dollars just to teach this. Your ideas are just out of the box.
I aspire to think like you and innovate new things in my field. More power to you
Thanks a lot & keep going
All the very best to everyone who is watching this video. May all your dreams come true
"Alles mit Maß und Ziel" - very good!
Tim is the most fantastic person I have come across on internet. Keep it up.
this advice is extremely valuable for anyone, regardless of whether they're on or looking to commence an entrepreneurial journey.
Might be the most important video on YT. Thanks Tim!
Thanks for creating this Tim, I really appreciate it! Very helpful!
Hi Tim - Thank-you for this advice, especially the fundamentals of starting a BUSINESS (8:28-8:44).
Always good advice, from an obviously successful man. Of course, many are choosing to focus on your hat and criticize. Loved 4 Hour Work Week! It was a disruptor. Thanks for the insights.
Thank you so much for sharing this gold. Seriously rare to get such genuine tips, especially from someone who is legitimately successful.
I love your channel man. Great value. I bought some of the books you recommended. You are very articulate.
I love you tim, you changed my life.
Tim the type of dude to measure his emotional levels
Jose Giovanni right 😹
exactly
Thank you for your precious time and guidance.
Thank you, Tim for reminding me some of my favourite books. Time to refresh my memories.
Thanks for providing us with some really interesting and useful content!
People making jokes about you're cap but here's just another example of you taking you're own advice and filming 2-3 months worth of videos in a day to create a really valuable group of videos.
Awesome video, thanks! I am going on a brand new business adventure. You sparked a few ideas in my head, and left me inspired.
Mr. Ferris, you are the mentor I have been looking for. Thank you for your contribution to humanity. RR
Loving this videos so grateful ! Thank you Tim 💖
Your style of explaining your ideas is very attractive and convincing. Thank you for this so helpful advice.
You're a G, one day I'm going to be on your Podcast... 5 years Max... The value you provide is ridiculous... Always appreciated Tim.
I love the feeling inside when I know all that is under my nose and in hands reach!
Tim, you have helped me so much and continue to do so. I am going to meet you and try to give something of value back to you!
Tim - thank you for this. I am soooo stoked to apply this philosophy.
This video is awesome, nothing but pure value.
Another good book is Gerber's "E-Myth Revisited," I'm amazed at how many small businesses don't know how to structure and organize correctly.
I didn’t understand the name of the books that he mentioned did you?
Love this dude, he is so genuine and straight up
The timing of this video was perfect! I just made a few decisions and feel 100x better about my work/life/future. Thanks Tim!
How is it going?
Like @TheScareCrow, I would love to know too. How is it going?
@@sandrocosta7104 @TheScareCrow You both are so encouraging!! - I'm not where I want to be but I've built a youtube channel (th-cam.com/users/DigitalEssentialist), I've made over $1m with building websites, and control my time better than ever before
I love you Tim. Thank you for all that you do brother
How is the universe/algorithm managed to show me this in this moment in time is amazing and greatly appreciated.
Absolute gems my man.. As allways thank you Tim 🔥🔥🔥🔥
4 hour this that lmaooo. Tim is my #1 mentor. 100% brother. I will make you proud.
Thanks for this wonderful steps, much necessary for those who start their jouney.
Incredibly helpful! Thank you🙏💖
Awesome content, much appreciated. Happy Christmas Mr. Ferriss!
Brilliant Tim, as always spot on and to the point advice, thanks!
"Alles mit Maß und Ziel" - I'm German and I never heard about this phrase, but I think it makes perfect sense!
Haha 😄🙌
Thanks Tim- yet another goldmine of information.
Thanks Tim! I love your insights
"Alles mit Maß und Ziel". Could listen to that all day long :)
You are such a blessing.
Hi Tim, thank you for the tips and book recommendations! Looking forward to start reading the Effective Executive! Thanks
Literally added every book to my cart. Thanks, Tim!
Tim is all about efficiency I love it!