I actually like stealing titles for blog posts, and just tweaking them to sound weird. I’d read this post I reckon if it was in a feed reader…..
So the big news is Tim Ferris has sold his majorly successful business BrainQuicken.com, I’ll repeat that, Tim Ferris has sold a business that only takes 4 hours a week to maintain.
Why?
Why would anyone sell a business that supports one’s lifestyle with very little ongoing effort, this sounds exactly like the business that Dave and I were discussing in Episode 4 – Cashflow, Why exactly would you sell it… It sounds silly even insane!
Brain Dumping
Brain Dumping is the act of taking all that information that’s filling your head, doing laps while you are trying to sleep, and getting it out into something tangible, into a working product, into someone else’s capable hands. This is what Tim Ferris has done, He’s let his baby go to someone else.
Once you’ve let this kind of information out, it’s liberating, a personal example is that I passed all the bill paying on to my wonderful Fiancé, She now handles it, I don’t have to worry that I paid the phone bills on time, as I know that it’s taken care of. Which frees up my mind for more important tasks, like the next big App.
In fact Tim Ferris himself had a great example of this in his book, He outsourced his worrying, No more worrying about that big contract coming in, as he knew that his personal assistant was already worried enough. He didn’t need to.
Here’s the original Story I found – http://www.inc.com/articles/2010/10/why-tim-ferriss-sold-brainquicken.html
