I’ve studied management at University, worked in several management roles and also run my own business but I’ve always had the challenge of letting go of responsibility fearing that if I get someone to do something that they may not do a good enough job or that it may end up costing me too much money, so I’ve resisted for a long time but recently I’ve realised that in order to really make progress personally and professionally I need to figure out how to delegate and outsource properly.

 

So recently I’ve started reading Timothy Ferriss’ “The 4-Hour Work Week”. The 4-Hour Work Week introduces us to the concept of M.B.A. – Management By Absence, creating a business that we can step away from and remove oursleves out of, at least, the day to day operations. Another concept that Timothy introduces is the idea that most people don’t necessarily want to be millionaires but what they do want is the millionaire lifestyle – someone who earns $200,000 per year but has to work 80 hours per week is not necessarily better off than someone who makes $20,000 per year but only works a few hours a week, what really matters most is quality of life.

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