HOUSE_OVERSIGHT_013891.jpg
2.88 MB
Extraction Summary
2
People
9
Organizations
3
Locations
0
Events
1
Relationships
4
Quotes
Document Information
Type:
Government exhibit / book excerpt
File Size:
2.88 MB
Summary
This document appears to be a page from a book (likely 'The 4-Hour Workweek' by Tim Ferriss) included as an exhibit in a House Oversight investigation (marked HOUSE_OVERSIGHT_013891). It details a case study of an individual named 'Doug' who runs an automated drop-shipping business (ProSoundEffects.com) using Yahoo and Google services to generate passive income with minimal work. The text argues for the benefits of outsourcing business infrastructure, citing major corporations like Microsoft and Dell as examples of companies that outsource manufacturing and support.
People (2)
| Name | Role | Context |
|---|---|---|
| Doug | Business Owner / Subject |
Subject of a case study regarding drop-shipping and automated income.
|
| Author/Narrator | Author |
Refers to themselves as 'New Rich like me' (Likely Tim Ferriss, based on the text content).
|
Organizations (9)
| Name | Type | Context |
|---|---|---|
|
Used for Pay-Per-Click (PPC) advertising.
|
||
| Yahoo |
Provides shopping cart, hosting, and transaction management services.
|
|
| Prosoundeffects.com |
The website owned by 'Doug'.
|
|
| Microsoft |
Mentioned as a company that outsources manufacturing (Xbox 360).
|
|
| Kodak |
Mentioned as a company that outsources design and distribution.
|
|
| Flextronics |
Singapore-based engineering/manufacturing firm with $15.3 billion revenue.
|
|
| JC Penney |
Retailer mentioned in the context of outsourced call centers.
|
|
| Dell Computers |
Tech company mentioned in the context of outsourced call centers.
|
|
| House Oversight Committee |
Implied by footer stamp 'HOUSE_OVERSIGHT_013891'.
|
Relationships (1)
Doug pays the manufacturers as little as 45% of the retail price of the products up to 90 days later (net-90 terms).
Key Quotes (4)
"He works less than two hours a week, often pulls more than $10,000 per month, and there is no financial risk whatsoever."Source
HOUSE_OVERSIGHT_013891.jpg
Quote #1
"This chapter is not for people who want to run businesses but for those who want to own businesses and spend no time on them."Source
HOUSE_OVERSIGHT_013891.jpg
Quote #2
"Think Microsoft manufactures the Xbox 360 or that Kodak designs and distributes their digital cameras? Guess again."Source
HOUSE_OVERSIGHT_013891.jpg
Quote #3
"It’s all beautifully transparent and cheap."Source
HOUSE_OVERSIGHT_013891.jpg
Quote #4
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