HOUSE_OVERSIGHT_013849.jpg

1.7 MB

Extraction Summary

3
People
6
Organizations
0
Locations
0
Events
1
Relationships
4
Quotes

Document Information

Type: Book excerpt / investigative evidence
File Size: 1.7 MB
Summary

This document appears to be a scanned page from a self-help book (likely 'The 4-Hour Workweek' by Tim Ferriss) included in an investigative file, as indicated by the Bates stamp 'HOUSE_OVERSIGHT_013849'. The text discusses 'Lifestyle Design,' offering advice on decision making, followed by testimonials from a musician named Victor Johnson regarding passive income and an anonymous source regarding banking automation. It introduces Chapter 6, titled 'The Low-Information Diet'.

People (3)

Name Role Context
Victor Johnson Musician/Testimonial Provider
Provided a testimonial about using the book's principles for his music career.
Derek Sivers Founder of CD Baby
Recommended the book to Victor Johnson.
Anonymous Testimonial Provider
Provided advice on outsourcing banking via lock box solutions.

Organizations (6)

Name Type Context
CD Baby
Music distribution platform used by Victor Johnson.
iTunes
Platform selling Victor Johnson's songs.
House Oversight Committee
Implied by the footer stamp 'HOUSE_OVERSIGHT_013849'.
Quicken
Accounting software mentioned in banking advice.
SAP
Enterprise software mentioned in banking advice.
Excel
Software mentioned for handling bank files.

Relationships (1)

Victor Johnson Professional/Advisory Derek Sivers
Victor Johnson states he got the book because Derek Sivers recommended it.

Key Quotes (4)

"Stop asking for opinions and start proposing solutions."
Source
HOUSE_OVERSIGHT_013849.jpg
Quote #1
"Checking Pareto’s Law I realized that 78% of my downloads came from just one of my CDs"
Source
HOUSE_OVERSIGHT_013849.jpg
Quote #2
"The Low-Information Diet"
Source
HOUSE_OVERSIGHT_013849.jpg
Quote #3
"CULTIVATING SELECTIVE IGNORANCE"
Source
HOUSE_OVERSIGHT_013849.jpg
Quote #4

Full Extracted Text

Complete text extracted from the document (1,999 characters)

Stop asking for opinions and start proposing solutions. Begin with the small things. If someone is going to ask, or asks, “Where should we eat?” “What movie should we watch?” “What should we do tonight?” or anything similar, do NOT reflect it back with, “Well, what do you want to … ?” Offer a solution. Stop the back-and-forth and make a decision. Practice this in both personal and professional environments. Here are a few lines that help (my favorites are the first and last):
“Can I make a suggestion?”
“I propose …”
“I’d like to propose …”
“I suggest that … What do you think?”
“Let’s try … and then try something else if that doesn’t work.”
► LIFESTYLE DESIGN IN ACTION
I’m a musician who got your book because Derek Sivers at CD Baby recommended it. Checking Pareto’s Law I realized that 78% of my downloads came from just one of my CDs and that 55% of my total download income came from only five songs! It showed me what my fans are looking for and allowed me to showcase those on my web site. Downloads are the way to go. iTunes sells the song and CD Baby direct deposits it to my account. Fully automated once the recording is done. There are some months I can live off download income. Once I finish paying off debt, it should be no problem to travel as an artist and create new fans all over the world and have a cyber income stream.
—VICTOR JOHNSON
. . .
As for “outsourcing” your banking, any company that needs to take checks (cheques) should consider a lock box solution. Just about any bank that does business banking offers it. All checks go to a PO box at the bank, the bank processes the checks and deposits them, and according to your instructions can send you a file of all the checks that are deposited. Normally this can be done in either a flat, Excel or other file type that can interface with any accounting systems from Excel, to Quicken to SAP. Quite cost effective.
—ANONYMOUS
6
The Low-Information Diet
► CULTIVATING SELECTIVE IGNORANCE
HOUSE_OVERSIGHT_013849

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