HOUSE_OVERSIGHT_013874.jpg

2.42 MB

Extraction Summary

7
People
2
Organizations
9
Locations
1
Events
3
Relationships
4
Quotes

Document Information

Type: Book excerpt / evidence exhibit
File Size: 2.42 MB
Summary

The document appears to be a page from a book (identifiable as Timothy Ferriss's 'The 4-Hour Workweek') stamped with a House Oversight Committee identifier (HOUSE_OVERSIGHT_013874). The text discusses the benefits of lifestyle automation, outsourcing tasks to virtual assistants in India, and managing a business remotely while living in Buenos Aires. It argues for the educational value of hiring a virtual assistant to learn management skills.

People (7)

Name Role Context
William Gibson Author
Quoted at the beginning of the text regarding the future.
Sowmya Virtual Assistant
From India; found a long-lost high school classmate for the narrator.
Anakool Researcher/Assistant
From YMII; put together Excel research reports.
Beth Fulfillment Account Manager
Located in Tennessee; resolved problems and coordinated tax filings.
Shane Financial Service Provider
Part of the team at the credit card processor.
Malcolm X Activist
Quoted regarding freedom and taking action.
Narrator Author/Employer
First-person narrator describing their automated lifestyle (Text matches Timothy Ferriss's 'The 4-Hour Workweek').

Organizations (2)

Name Type Context
YMII
Organization associated with Anakool.
House Oversight Committee
Implied by the footer stamp 'HOUSE_OVERSIGHT'.

Timeline (1 events)

Monday morning
Narrator woke up, ate breakfast in Buenos Aires, and checked email for one hour.
Buenos Aires

Locations (9)

Location Context
Location where the narrator is having breakfast.
Location of outsourcers/assistants Sowmya and others.
Mentioned in context of Kendo schools.
Mentioned in context of salsa teachers.
Location of account manager Beth.
Location of clients.
Location of clients.
Location associated with sales tax filing.
Location of accountants.

Relationships (3)

Narrator Employer/Employee Sowmya
Sowmya from India had found a long-lost high school classmate of mine
Narrator Employer/Employee Anakool
Anakool from YMII had put together Excel research reports
Narrator Client/Vendor Beth
fulfillment account manager in Tennessee, Beth

Key Quotes (4)

"The future is here. It’s just not widely distributed yet."
Source
HOUSE_OVERSIGHT_013874.jpg
Quote #1
"Fun things happen when you earn dollars, live on pesos, and compensate in rupees, but that’s just the beginning."
Source
HOUSE_OVERSIGHT_013874.jpg
Quote #2
"Nobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it."
Source
HOUSE_OVERSIGHT_013874.jpg
Quote #3
"Getting a remote personal assistant is a huge departure point and marks the moment that you learn how to give orders and be commander instead of the commanded."
Source
HOUSE_OVERSIGHT_013874.jpg
Quote #4

Full Extracted Text

Complete text extracted from the document (2,992 characters)

At a Glance: Where You Will Be
The future is here. It’s just not widely distributed yet.
—WILLIAM GIBSON, author of Neuromancer; coined term “cyberspace” in 1984
Here is a sneak preview of full automation.
I woke up this morning, and given that it’s Monday, I checked my e-mail for one hour after an exquisite Buenos Aires breakfast.
Sowmya from India had found a long-lost high school classmate of mine, and Anakool from YMII had put together Excel research reports for retiree happiness and the average annual hours worked in different fields. Interviews for this week had been set by a third Indian virtual assistant, who had also found contact information for the best Kendo schools in Japan and the top salsa teachers in Cuba. In the next e-mail folder, I was pleased to see that my fulfillment account manager in Tennessee, Beth, had resolved nearly two dozen problems in the last week—keeping our largest clients in China and South Africa smiling—and had also coordinated California sales tax filing with my accountants in Michigan. The taxes had been paid via my credit card on file, and a quick glance at my bank accounts confirmed that Shane and the rest of the team at my credit card processor were depositing more cash than last month. All was right in the world of automation.
It was a beautiful sunny day, and I closed my laptop with a smile. For an all-you-can-eat buffet breakfast with coffee and orange juice, I paid $4 U.S. The Indian outsourcers cost between $4–10 U.S. per hour. My domestic outsourcers are paid on performance or when product ships. This creates a curious business phenomenon: Negative cash flow is impossible.
Fun things happen when you earn dollars, live on pesos, and compensate in rupees, but that’s just the beginning.
But I’m an Employee! How Does This Help Me?
Nobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it.
—MALCOLM X, Malcolm X Speaks
Getting a remote personal assistant is a huge departure point and marks the moment that you learn how to give orders and be commander instead of the commanded. It is small-scale training wheels for the most critical of NR skills: remote management and communication.
It is time to learn how to be the boss. It isn’t time-consuming. It’s low-cost and it’s low-risk. Whether or not you “need” someone at this point is immaterial. It is an exercise.
It is also a litmus test for entrepreneurship: Can you manage (direct and chastise) other people? Given the proper instruction and practice, I believe so. Most entrepreneurs fail because they jump into the deep end of the pool without learning to swim first. Using a virtual assistant (VA) as a simple exercise with no downside, the basics of management are covered in a 2–4-week test costing between $100–400. This is an investment, not an expense, and the ROI is astounding. It will be repaid in a maximum of 10–14 days, after which it is pure timesaving profit.
HOUSE_OVERSIGHT_013874

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