Not that I see Tim Ferriss’ ideas as pie in the sky. I don’t. I liked his book, The 4-Hour Workweek, a whole lot, and I know he’s inspired many, including me.
Blogger Get Rich Slowly recently interviewed Ferriss about his ideas for financing mini retirements, and U.S. News & World Report’s Katy Marquardt wrote about it today in her “New Money” blog.
But not everyone can do it the Ferriss way, at least not immediately. He can head off on mini retirements on a whim, because he has a machine running behind him that generates cash in his pocket. If that’s your goal, why not work for a company that offers a paid sabbatical while you’re building that machine?
Sabbatical programs are a growing trend. Often the sabbaticals are paid, so salary and benefits continue while an employee gets their needed rest. For a list of companies that offer sabbaticals, see the “Companies on a Quest” list at www.yoursabbatical.com. See any companies that are missing? Please let me know.
2 Responses (add yours)
I agree with the comments shared above. I believe a more useful tact would be to have a realistic strategy or tactic for taking some time off to get a better focus on the larger picture. (for those that make less than 250,000 a year US$)
It often is easy for one who has put their time in and been successful (may we all work that hard) to offer seemingly high-handed advice. This could be interpreted as pontificated or shouting from an ivory tower tomix metaphors. Instead, if the purpose of the message is to help people and change behaviors, couch the lesson in a reachable anecdote if that makes sense.
Speaking of making sense, not sure that last bit did in the paragraph above!!
Continuing the Discussion
[...] talks and writes a lot about “mini-retirements”, which he says “entail relocating to one place for one to six months before going [...]