Tim Ferriss: Bestselling Author, Human Guinea Pig

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#351: Real 4-Hour Workweek Case Studies — Allen Walton and SpyGuy, The Path to Seven Figures

The Tim Ferriss Show

Tim Ferriss is a self-experimenter and bestselling author, best known for The 4-Hour Workweek, which has been translated into 40+ languages. Newsweek calls him "the world's best human guinea pig," and The New York Times calls him "a cross between Jack Welch and a Buddhist monk." In this show, he deconstructs world-class performers from eclectic areas (investing, chess, pro sports, etc.), digging deep to find the tools, tactics, and tricks that listeners can use.

“And then I wake up at 7:00 a.m., and I roll over and look at my phone. And I have a notification from Shopify saying that I made my first sale for $149. And I let out this huge, orgasmic noise of relief. I was like, 'Wow. Everything’s going to be okay.'” — Allen Walton This episode is by popular request!In detail, we uncover a real-world case study of someone who built a seven-figure business after reading <a href="https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357/?tag=offsitoftimfe-20" target="_blank">The 4-Hour Workweek</a> (and other resources, of course).Two important people joined me for this jam session.First is Allen Walton (<a href="https://twitter.com/allenthird" target="_blank">@allenthird</a>), founder of <a href="https://www.spyguy.com/" target="_blank">SpyGuy</a>, an online security store based in the Dallas, Texas area. Walton struggled in high school and spent a few years playing video games before his mom made him apply for a job at a local surveillance chain, where he worked from 2009-2011. He became interested in starting his own business after being exposed to The 4-Hour Workweek. In 2014, he went out on his own and started SpyGuy, his current business. He built the business to $1 million in revenue on his own, relying on what he learned in books and podcasts, and it now brings in seven-figure revenue with five employees.The second person joining me is journalist Elaine Pofeldt (<a href="https://twitter.com/elainepofeldt" target="_blank">@elainepofeldt</a>), an independent journalist and speaker who specializes in careers and entrepreneurship. She is the author of <a href="https://www.amazon.com/Million-Dollar-One-Person-Business-Great-Money/dp/039957896X/ref=as_li_ss_tl?ie=UTF8&qid=1544291300&sr=8-1&keywords=The+Million-Dollar,+One-Person+Business&linkCode=ll1&tag=offsitoftimfe-20&linkId=0fc5500cf3e3bac891b97b238815bbdf&language=en_US" target="_blank">The Million-Dollar, One-Person Business: Make Great Money. Work the Way You Like. Have the Life You Want</a>, in which she looks at how entrepreneurs are scaling to $1 million in revenue prior to hiring employees.In this episode we explore the specifics of key decisions, helpful tools, early mistakes, and much more, all leading to a business that has exceeded all expectations. I had a blast doing this one, and I hope you have a blast listening!<a href="https://tim.blog/2018/12/10/allen-walton-4-hour-workweek-case-study/?utm_source=podcast&utm_medium=podcast&utm_campaign=podcast-description" target="_blank">Click here for the show notes for this episode.</a>This podcast is brought to you by <a href="http://foursigmatic.com/tim" target="_blank">Four Sigmatic</a>. I reached out to these Finnish entrepreneurs after a very talented acrobat introduced me to one of their products, which blew my mind (in the best way possible). It is <a href="http://foursigmatic.com/tim" target="_blank">mushroom coffee featuring chaga</a>. It tastes like coffee, but there are only 40 milligrams of caffeine, so it has less than half of what you would find in a regular cup of coffee. I do not get any jitters, acid reflux, or any type of stomach burn. It put me on fire for an entire day, and I only had half of the packet.People are always asking me what I use for cognitive enhancement right now — this is the answer. You can try it right now by going to <a href="http://foursigmatic.com/tim" target="_blank">foursigmatic.com/tim</a> and using the code Tim to get 20 percent off your first order. If you are in the experimental mindset, I do not think you’ll be disappointed.This podcast is also brought to you by <a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" target="_blank">FreshBooks</a>. FreshBooks is the #1 cloud bookkeeping software, which is used by a ton of the start-ups I advise and many of the contractors I work with. It is the easiest way to send invoices, get paid, track your time, and track your clients.<a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" target="_blank">FreshBooks</a> tells you when your clients have viewed your invoices, helps you customize your invoices, track your hours, automatically organize your receipts, have late payment reminders sent automatically and much more.Right now you can get a <a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" target="_blank">free month of complete and unrestricted use</a>. You do not need a credit card for the trial. To claim your free month and see how the brand new Freshbooks can change your business, go to <a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" target="_blank">FreshBooks.com/Tim</a> and enter “<a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" target="_blank">Tim Ferriss</a>” in the “how did you hear about us” section.***If you enjoy the podcast, would you please consider <a href="https://podcasts.apple.com/us/podcast/the-tim-ferriss-show/id863897795?mt=2" target="_blank">leaving a short review on Apple Podcasts</a>/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit <a href="https://tim.blog/podcast/?utm_source=podcast&utm_medium=podcast&utm_campaign=podcast-description" target="_blank">tim.blog/podcast</a>.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at <a href="https://go.tim.blog/5-bullet-friday-1/" target="_blank">tim.blog/friday</a>.For transcripts of episodes, go to <a href="http://tim.blog/transcripts" target="_blank">tim.blog/transcripts</a>.Interested in sponsoring the podcast? Please fill out the form at <a href="http://tim.blog/sponsor" target="_blank">tim.blog/sponsor</a>.Discover Tim’s books: <a href="http://tim.blog/books" target="_blank">tim.blog/books</a>.Follow Tim:Twitter: <a href="https://twitter.com/tferriss" target="_blank">twitter.com/tferriss</a> Instagram: <a href="https://instagram.com/timferriss/" target="_blank">instagram.com/timferriss</a>Facebook: <a href="https://www.facebook.com/TimFerriss/" target="_blank">facebook.com/timferriss</a> YouTube: <a href="https://www.youtube.com/timferriss" target="_blank">youtube.com/timferriss</a>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

“And then I wake up at 7:00 a.m., and I roll over and look at my phone. And I have a notification from Shopify saying that I made my first sale for $149. And I let out this huge, orgasmic noise of relief. I was like, 'Wow. Everything’s going to be okay.'” — Allen Walton This episode is by popular request!In detail, we uncover a real-world case study of someone who built a seven-figure business after reading <a href="https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357/?tag=offsitoftimfe-20" rel="noopener noreferrer" target="_blank">The 4-Hour Workweek</a> (and other resources, of course).Two important people joined me for this jam session.First is Allen Walton (<a href="https://twitter.com/allenthird" rel="noopener noreferrer" target="_blank">@allenthird</a>), founder of <a href="https://www.spyguy.com/" rel="noopener noreferrer" target="_blank">SpyGuy</a>, an online security store based in the Dallas, Texas area. Walton struggled in high school and spent a few years playing video games before his mom made him apply for a job at a local surveillance chain, where he worked from 2009-2011. He became interested in starting his own business after being exposed to The 4-Hour Workweek. In 2014, he went out on his own and started SpyGuy, his current business. He built the business to $1 million in revenue on his own, relying on what he learned in books and podcasts, and it now brings in seven-figure revenue with five employees.The second person joining me is journalist Elaine Pofeldt (<a href="https://twitter.com/elainepofeldt" rel="noopener noreferrer" target="_blank">@elainepofeldt</a>), an independent journalist and speaker who specializes in careers and entrepreneurship. She is the author of <a href="https://www.amazon.com/Million-Dollar-One-Person-Business-Great-Money/dp/039957896X/ref=as_li_ss_tl?ie=UTF8&qid=1544291300&sr=8-1&keywords=The+Million-Dollar,+One-Person+Business&linkCode=ll1&tag=offsitoftimfe-20&linkId=0fc5500cf3e3bac891b97b238815bbdf&language=en_US" rel="noopener noreferrer" target="_blank">The Million-Dollar, One-Person Business: Make Great Money. Work the Way You Like. Have the Life You Want</a>, in which she looks at how entrepreneurs are scaling to $1 million in revenue prior to hiring employees.In this episode we explore the specifics of key decisions, helpful tools, early mistakes, and much more, all leading to a business that has exceeded all expectations. I had a blast doing this one, and I hope you have a blast listening!<a href="https://tim.blog/2018/12/10/allen-walton-4-hour-workweek-case-study/?utm_source=podcast&utm_medium=podcast&utm_campaign=podcast-description" rel="noopener noreferrer" target="_blank">Click here for the show notes for this episode.</a>*This podcast is brought to you by <a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" rel="noopener noreferrer" target="_blank">FreshBooks</a>. FreshBooks is the #1 cloud bookkeeping software, which is used by a ton of the start-ups I advise and many of the contractors I work with. It is the easiest way to send invoices, get paid, track your time, and track your clients.<a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" rel="noopener noreferrer" target="_blank">FreshBooks</a> tells you when your clients have viewed your invoices, helps you customize your invoices, track your hours, automatically organize your receipts, have late payment reminders sent automatically and much more.Right now you can get a <a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" rel="noopener noreferrer" target="_blank">free month of complete and unrestricted use</a>. You do not need a credit card for the trial. To claim your free month and see how the brand new Freshbooks can change your business, go to <a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" rel="noopener noreferrer" target="_blank">FreshBooks.com/Tim</a> and enter “<a href="https://www.freshbooks.com/pages/tim?ref=11864&utm_source=tim-ferriss&utm_medium=podcast&utm_campaign=2016&utm_content=email" rel="noopener noreferrer" target="_blank">Tim Ferriss</a>” in the “how did you hear about us” section.***If you enjoy the podcast, would you please consider <a href="https://podcasts.apple.com/us/podcast/the-tim-ferriss-show/id863897795?mt=2" rel="noopener noreferrer" target="_blank">leaving a short review on Apple Podcasts</a>/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit <a href="https://tim.blog/podcast/?utm_source=podcast&utm_medium=podcast&utm_campaign=podcast-description" rel="noopener noreferrer" target="_blank">tim.blog/podcast</a>.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at <a href="https://go.tim.blog/5-bullet-friday-1/" rel="noopener noreferrer" target="_blank">tim.blog/friday</a>.For transcripts of episodes, go to <a href="http://tim.blog/transcripts" rel="noopener noreferrer" target="_blank">tim.blog/transcripts</a>.Interested in sponsoring the podcast? Please fill out the form at <a href="http://tim.blog/sponsor" rel="noopener noreferrer" target="_blank">tim.blog/sponsor</a>.Discover Tim’s books: <a href="http://tim.blog/books" rel="noopener noreferrer" target="_blank">tim.blog/books</a>.Follow Tim:Twitter: <a href="https://twitter.com/tferriss" rel="noopener noreferrer" target="_blank">twitter.com/tferriss</a> Instagram: <a href="https://instagram.com/timferriss/" rel="noopener noreferrer" target="_blank">instagram.com/timferriss</a>Facebook: <a href="https://www.facebook.com/TimFerriss/" rel="noopener noreferrer" target="_blank">facebook.com/timferriss</a> YouTube: <a href="https://www.youtube.com/timferriss" rel="noopener noreferrer" target="_blank">youtube.com/timferriss</a>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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#351: Real 4-Hour Workweek Case Studies — Allen Walton and SpyGuy, The Path to Seven Figures

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