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Intrepid Innovations Networking Club Newsletter –July2009–Page 1
Welcome to the Intrepid Networking Club Newsletter!
 In this newsletter, you'll find:
Introductory Letter
Page 1
“The Four-Hour WorkWeek” by Dan Kenitz
 
Page 2
“An Effective Goal-Planning Exercise” by Aaron Robertson
Page 4
 
Odds and Ends
Page 5
 
JulyIntroductory Letter
For us at Intrepid Innovations, life is about growth. It’s not about clocking in at 8 and clockingout at 5, it’s about exploring your own potential to create a truly amazing life. But growth isn’teasy –if it was, everyone wouldbe a master entrepreneur. There can be times of uncertainty,fear, and even outright pain.Just the way we like it!Do you know that feeling you get when you’re out exercising and you hit some sort of thresholdwhere the suffering actually becomes
 fun
? Or the overwhelming relief you feel after getting up tospeak in public –speaking loud and deep despite your own nervousness? When you’re willing toendure short-term pain for long-term rewards, you know what growth is all about.Fear is something that keeps many people trudging along that long track known as the “rat race.”At Intrepid Innovations, we
hate
the idea of the rat race. We
hate
the idea of working to makesomeone else rich while our pay never increases. We despise the idea of having a boss whocontrols part of our lives.But the boss doesn’t have much control. Instead, it’s the fear of losing your job that has the realcontrol. And when it comes to your fears, you’re the one calling the shots.Should you get up and quit your job right now because the Intrepid Newsletter told you to? Notnecessarily. But if you want to have more control over your life, it’s time to start thinking aboutways you could make it happen –even slowly, if possible.Success doesn’t happen
to
you. It happens
 from
you.
Happy networking,The Intrepid Team: Aaron, Dan, and Phil
 
Intrepid Innovations Networking Club Newsletter –July2009–Page 2
The Four-Hour Workweekby Dan Kenitz, Director of Content Development
Who says you have to work forty hours a week?After all, doing so was simply an agreement between you andyour employer –not some hard-setrule carved into stone. That agreement was likely the result the pervasive cultural assumptionboth you and the employer held: the 40-hour workweek is simply "how it's done."You can clock out at the end of the day at five p.m. But what if you want to clock out of the ratrace? Where's that button?In "The 4-Hour WorkWeek," Tim Ferriss rails against the assumption that life needs to be atireless monotony in order in order to save up enough of a nest egg to retire on. After all, the ratrace doesn't work out if you get hit by a bus when you're forty-two years old, some thirty yearsfrom retirement.What, you don't think you can take a three-month vacation to the Caribbean? You don't think youcan use better productivity to totally overhaul the way you do business?You don't think you can work four hours a week and get by?You and I need to have a little chat.
Personal Productivity in a Can
At the core of Tim Ferriss' productivity system is the Pareto principle, which essentially says that20% of your work will produce 80% of the output. For example, your best few clients probablycover most of the business you get in year. The numbers don't exactly work out to be 80/20 everytime, but the 80/20 principle can change the way you look at your life.Ferriss found that by eliminating the few clients that were taking up the vast majority of his time,he was able to change the way he did business.How does the 80/20 principle apply to your life? Finding out will require that you ask yourself some important questions. Here are some suggestions.
Where do you waste most of your time when surfing the Web?
In your business, which few clients are giving you the majority of your business?
Which clients are giving you the majority of your headaches?
Which friends are the source of the majority of the drama in your life?
Which friends are the source of the most happiness in your life?
What activities you do bring about the most inner satisfaction and fulfillment?Your time is valuable. Take it back.
 
Intrepid Innovations Networking Club Newsletter –July2009–Page 3
How to Retire to the Caribbean This Year
It's not that you don't know how to retire to the Caribbean –handing in a resignation and buying aplane ticket should do it –it's the fears you have about how it would all work out.Similarly, your assumptions about what's "possible" are generally guiding your life.One of the big assumptions people have is that retirement is something that should come at theend of your life –rather than, say, during those "middle" years. Why do you want to wait untilyou have a hip replacement to go out and enjoy life?It's usually because of two things –one, we think that's the only course in life unless you're luckyand two, once we make that assumption it's all we work for.In the 4-HourWorkWeek, Ferriss relates a story in which his friend told him he wanted to have acertain amount of money in the bank and then retire at a young age to go motorcycle in China.Ferriss' response was simple: "Why don't you just retire and do it now?"When you retire, you probably imagine sitting around the home, doing some gardening, going outfor a round of golf, and spending time with your family.But ask yourself this: If that's what you want, what are you waiting for?
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