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Tim Ferriss · 2022-10-12 · 2h 00m

Q&A with Tim — PR and Marketing Lessons, Time Dilation, Selling to the Affluent, and Much More

Tim Ferriss fields a solo live Q&A on PR, marketing, launching products, selling to the affluent, time dilation, and his personal protocols.

Q&A with Tim — PR and Marketing Lessons, Time Dilation, Selling to the Affluent, and Much More
The guest

Tim Ferriss — Author of The 4-Hour Workweek, 4-Hour Body and 4-Hour Chef, host of The Tim Ferriss Show podcast, early-stage startup investor and advisor to companies including Shopify, Uber and TaskRabbit.

The gist

In this private live Q&A, Tim Ferriss alternates between pre-submitted and live-feed questions, focusing heavily on PR, marketing and product launches. Recurring themes include risk mitigation, capping downside, testing concepts cheaply before scaling, and the power of in-person relationship-building over digital channels. He breaks down how he launched The 4-Hour Workweek by targeting a narrow demographic and tipping 'lead dominoes,' explains selling to luxury/affluent markets, and dissects how to evaluate podcast advertising. He also covers personal territory: a profound time-dilation experience hiking at altitude in New Mexico, his fasting and workout protocols, cutting back alcohol, archery, gardening, mental models for prioritization, and teases an absurd upcoming NFT/art project code-named Project 555.

Big reveals

  • Ferriss estimates 50 to 70 percent of his early-stage startup investments go to zero, framing everything through risk mitigation, bankroll and bet sizing.
  • His most notable marketing contribution was designing Shopify's Build a Business competition with Tobi and Harley, documented in a Fortune piece called 'The Invisible Selling Machine.'
  • He has had no social apps on his phone for two years and keeps it on airplane mode, championing the low-information diet as his most underrated lesson.
  • He recounts extreme time dilation while hiking at altitude in New Mexico, proposing that deliberately designed experiences could expand experiential lifespan rather than just biological lifespan.
  • His core luxury principle: set the price first, then make it worth it; he charged a $10,000 minimum per seat for an event and engineered overdelivery in the first two hours.
  • If relaunching The 4-Hour Workweek today, he'd keep the in-person event engagement strategy and could drop every other prong; in-person remains the least crowded channel.
  • He calls Athletic Greens the most methodical, quantitative podcast advertiser he's seen, and explains why he insists sponsors offer 30-50 percent discounts so tracking codes actually get used.
  • He confirms the mystery NFT project code-named Project 555 is in fact himself, warning it will be ridiculous and absurd.

Things worth remembering

  • Ferriss says people send him literally thousands of pitches per day, most of which he deflects for lack of bandwidth.
  • For The 4-Hour Body launch he targeted Digg.com as a front-page tastemaking shopping list, comparing it to landing atop Hacker News today.
  • He recommends 'Small Giants' by Bo Burlingham about companies that choose to be great instead of big.
  • His three-day fast protocol: two days of sub-maintenance keto beforehand, last meal Thursday, then walk-and-talk phone calls 3-5 hours on Friday with LMNT electrolytes to prevent lower back pain.
  • He limits himself to one Starbucks cold brew before 10am, then switches to iced tea because coffee disrupts his sleep more than equivalent caffeine.
  • His top prioritization question, adapted from Gary Keller's The ONE Thing: which of these, if done, makes the other things irrelevant or easier?
  • He observes that people claim to hate centralization but love it because it saves them decisions, making him conflicted about the metaverse.
  • He uses two psoas-release devices for sleep and lower back pain: the Pso-Rite (pso-rite.com) and a travel-friendly Hip Hook.
  • A seemingly nonsensical Bay Area billboard on the 280 was actually targeted solely at visiting investment bankers, illustrating audience-specific advertising value.
  • His initial 4-Hour Workweek target was 20-to-35-year-old tech-savvy males in NY, SF and LA, capping total launch spend at $10-20K to create 'surround sound' perception.

Recommended in this episode

Books, products and media the guest or host genuinely endorsed here — with the buy link.

Affiliate link — we may earn a commission at no extra cost to you.

RecommendedBook

Guerilla Financing

“There's a book. It's out of date, it is out of print, probably, called Guerilla Financing, that may also give you some ideas for how to bootstrap” — Tim Ferriss 00:04:01
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Loom

Loom (inferred)

“people record themselves using something like Loom, which is a tool I use a lot for screen capture for training employees and contractors” — Tim Ferriss 00:07:16
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The 4-Hour Workweek

Tim Ferriss

“For the first book, The 4-Hour Workweek, that was bloggers, for instance. Most people were like, Blogs, what the hell is a blog?” — Tim Ferriss 00:09:24
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The 4-Hour Chef

Tim Ferriss

“For The 4-Hour Chef, it was podcasts. This was in 2012, after which I launched my own podcast in 2014.” — Tim Ferriss 00:09:58
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The 4-Hour Body

Tim Ferriss

“I really targeted Digg.com... way back in the day to try to get on the homepage for launching The 4-Hour Body” — Tim Ferriss 00:10:30
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O2 Trainer

Bas Rutten (inferred)

“I used the O2 trainer to prepare for my extensive hiking at altitude in New Mexico and I found it to be very, very helpful and easy to use” — Tim Ferriss 00:28:27
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One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work

Stephen Key

“There is also a great book by Stephen Key called One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work.” — Tim Ferriss 00:25:15
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Built to Sell

John Warrillow

“Another one to look at is Built to Sell. This is a book by John Warrillow. If you were ever considering the possibility of being able to sell this company” — Tim Ferriss 00:26:21
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On Grief and Grieving

David Kessler and Elisabeth Kubler-Ross

“I would recommend a book that has been recommended to me several times... that is, On Grief and Grieving... by David Kessler and Elisabeth Kubler-Ross.” — Tim Ferriss 00:30:40
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RecommendedBook

Small Giants: Companies That Choose to Be Great Instead of Big

Bo Burlingham

“there is a book... I really enjoyed it when I did called Small Giants. The subtitle is, Companies That Choose to Be Great Instead of Big.” — Tim Ferriss 00:31:43
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LMNT

LMNT (inferred)

“I fill it full of electrolytes like LMNT, which is what I've been using for a couple years and maybe put in a little bit of lemon just for flavoring” — Tim Ferriss 00:43:24
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RecommendedBook

The 22 Immutable Laws of Marketing

Al Ries and Jack Trout

“The 22 Immutable Laws of Marketing. Get the older one, not the for the internet, which is horribly out of date. Get the older one that has the beer examples” — Tim Ferriss 00:48:20
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1,000 True Fans

Kevin Kelly

“Also read 1,000 True Fans by Kevin Kelly, that's on kk.org, 1,000 True Fans.” — Tim Ferriss 00:48:20
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The 80/20 Principle

Richard Koch

“And last but not least, read The 80/20 Principle by Richard Koch, K-O-C-H.” — Tim Ferriss 00:48:20
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RecommendedMedia

The Price of Everything

“The Price of Everything is a documentary about contemporary art, and I found it very, very engaging.” — Tim Ferriss 00:56:24
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Selling to the Affluent

Thomas J. Stanley

“the first... is a book called Selling to the Affluent. That's by Thomas Stanley.” — Tim Ferriss 00:52:40
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Deluxe: How Luxury Lost Its Luster

Dana Thomas

“Deluxe is the name of the book, How Luxury Lost Its Luster. And it talks about different high-end luxury brands” — Tim Ferriss 00:53:41
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Losing My Virginity

Richard Branson

“this is chronicled quite a bit in Losing My Virginity, which was one of the books that had a huge impact on me when I was in my early twenties.” — Tim Ferriss 01:10:22
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RecommendedProduct

Pso-Rite

Pso-Rite (inferred)

“they apply pressure to your psoas. So this is called a Pso-Rite device, pso-rite.com. And this is a device that I used last night” — Tim Ferriss 01:40:58
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RecommendedProduct

Hip Hook

“this is the Hip Hook and it more effectively gets into, and you can see how aggressive this looks... this really gets into your psoas” — Tim Ferriss 01:41:29
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Radical Acceptance

Tara Brach

“Tara Brach, who wrote an incredible book called Radical Acceptance. So I'd say Tara Brach is definitely one.” — Tim Ferriss 01:20:32
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Four Thousand Weeks

Oliver Burkeman (inferred)

“I thought Four Thousand Weeks was an exceptional book, and I plan to go back and reread it.” — Tim Ferriss 01:27:21
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