DFHW: Living the 4-Hour Work Week

Following up on the last post where we identified the target market by identifying pricing and market size most appropriate for Bought Products, things get better when we observe the power of monthly revenue.

Ways to Make $5M a year - Take 1

# of Products Sold
Price Per-Product
Monthly Revenue
Consumables (3x per year)

1
$5,000,000
$416,667
$1,666,667

5
$1,000,000
$83,333
$333,333

10
$500,000
$41,667
$166,667

50
$100,000
$8,333
$33,333

100
$50,000
$4,167
$16,667

500
$10,000
$833
$3,333

1000
$5,000
$417
$1,667

5000
$1,000
$83
$333

10000
$500
$42
$167

50000
$100
$8.33
$33

100000
$50
$4.17
$17

500000
$10
$1
$3.33

1000000
$5
$0.42
$1.67

5000000
$1
$0.08
N/A

But, let’s take another twist. Let’s [...]

This post is a little exploration of the magic of numbers and an understanding of how the idea of Products that are Bought map to desired revenue targets.
First, the revenue target. Let’s say for the sake of example that we want to run a $5M a year gross revenue business (that’s just top-line, not including [...]

Yesterday, I talked about how the concept of the reduced work week as envisaged by Timothy Ferriss’ Book mostly applies to repeatable, products or productizable services. But I think there’s more to it than that. Even in the product realm, not all product-based companies lend themselves to greatly reduced time and effort with the result [...]

The more I read the book and think about how to apply it to my own life, the more I wonder about just who this four-hour work week is most appropriate for. For sure, if you have a product company that can operate on semi-auto pilot with subcontractors and outsourcers performing the responsibilities of fulfillment, [...]

Ok, so now that I’ve gone ahead and bastardized this site with gratuitous Capitalism (thanks for the first few orders, already, btw!), it’s time to continue the FHWW journey.
I’m going to be traveling west, so while I’m out there, I decided to sign up for a few MeetUps that can help catalyze the journey from [...]

Say the above with a Joizy accent and you know what I’m talkin about. I’ve got goods that I’m sure you’ll love. In particular, a nice line of apparel that plays off the theme of getting more from your time.
Some goodies:

Find more goodies on the DFHW Gear Page. (Note that the prices are not showing [...]

So, getting a blog started is certainly a bit more work than signing up and just going for it.
Well, it CAN be that simple if you’re blogging just as a past time, but if you want your blog to return value for your time investment, you have to put a bit more into it. Since [...]

Day 1: FHWW Diary
I did get something new accomplished today: got this blog started. However, pulling myself away from the realities of the business work week is proving tough.
I set myself a goal for today: spend only FOUR hours on the business today, and spend the other four working to expand the new aspects [...]

Wow, so I’m finally starting. Just like many of you, I’m diving into the Shallow End, as it were. As they say, the first step is the hardest, and the hardest part of beginning is just starting. What does that mean? That means that I’m going to completely reorganize my existence so that I can [...]