HOUSE_OVERSIGHT_013922.jpg
1.71 MB
Extraction Summary
5
People
5
Organizations
0
Locations
0
Events
2
Relationships
3
Quotes
Document Information
Type:
Book page / evidence exhibit
File Size:
1.71 MB
Summary
This document appears to be a scanned page from the book 'The 4-Hour Workweek' by Tim Ferriss (identified by the 'Income Autopilot III' chapter title and references to 'fourhourblog.com'). It contains business advice, quotes from business leaders (Bennis, Kelleher, Revson), and definitions of terms like 'Paper trading' and PPC costs. The document bears the Bates stamp 'HOUSE_OVERSIGHT_013922', indicating it was included as an exhibit or attachment in documents produced for the House Oversight Committee, likely as part of a larger cache of files.
People (5)
| Name | Role | Context |
|---|---|---|
| Warren G. Bennis | University of Southern California Professor of Business Administration |
Quoted in the text regarding automation and management.
|
| Ronald Reagan | Former President |
Mentioned as having been advised by Warren G. Bennis.
|
| John F. Kennedy | Former President |
Mentioned as having been advised by Warren G. Bennis.
|
| Herb Kelleher | Cofounder of Southwest Airlines |
Quoted in the text regarding company culture.
|
| Charles Revson | Founder of Revlon |
Quoted in the text regarding his management style.
|
Organizations (5)
| Name | Type | Context |
|---|---|---|
| University of Southern California |
Affiliation of Warren G. Bennis
|
|
| Southwest Airlines |
Co-founded by Herb Kelleher
|
|
| Revlon |
Founded by Charles Revson
|
|
| fourhourblog.com |
Referenced in footnote 48
|
|
| House Oversight Committee |
Implied by Bates stamp 'HOUSE_OVERSIGHT'
|
Relationships (2)
Text states Bennis was an 'adviser to Ronald Reagan'
Text states Bennis was an 'adviser to... John F. Kennedy'
Key Quotes (3)
"The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment."Source
— Warren G. Bennis
HOUSE_OVERSIGHT_013922.jpg
Quote #1
"A company is stronger if it is bound by love rather than by fear.... If the employees come first, then they’re happy."Source
— Herb Kelleher
HOUSE_OVERSIGHT_013922.jpg
Quote #2
"Look, kiddie. I built this business by being a bastard. I run it by being a bastard. I’ll always be a bastard, and don’t you ever try to change me."Source
— Charles Revson
HOUSE_OVERSIGHT_013922.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (2,095 characters)
at $1.00 per click, the more you spend, and thus the more traffic you drive, the more statistically valid the results will be. If budget permits, increase the number of related terms and daily expenditure so that the entire PPC test costs $500–1,000.
46. This is a checking account for receiving credit card payments.
47. Set this up using services detailed at the end of this chapter and the next.
48. See the online bonus chapter on www.fourhourblog.com to understand all of these terms in context. Search “Jedi Mind Tricks.”
49. “Paper trading” refers to setting an imaginary budget, “purchasing” stocks (writing their current values on a piece of paper), and then tracking their performance over time to see how your investment would have done had it been for real. It is a no-risk method for honing investment skills before putting skin in the game.
46. This is a checking account for receiving credit card payments.
47. Set this up using services detailed at the end of this chapter and the next.
48. See the online bonus chapter on www.fourhourblog.com to understand all of these terms in context. Search “Jedi Mind Tricks.”
49. “Paper trading” refers to setting an imaginary budget, “purchasing” stocks (writing their current values on a piece of paper), and then tracking their performance over time to see how your investment would have done had it been for real. It is a no-risk method for honing investment skills before putting skin in the game.
11
Income Autopilot III
Income Autopilot III
► MBA—MANAGEMENT BY ABSENCE
The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.
—WARREN G. BENNIS, University of Southern California Professor of Business Administration; adviser to Ronald Reagan and John F. Kennedy
—WARREN G. BENNIS, University of Southern California Professor of Business Administration; adviser to Ronald Reagan and John F. Kennedy
Most entrepreneurs don’t start out with automation as a goal. This leaves them open to mass confusion in a world where each business guru contradicts the next. Consider the following:
A company is stronger if it is bound by love rather than by fear.... If the employees come first, then they’re happy.
—HERB KELLEHER, cofounder of Southwest Airlines
—HERB KELLEHER, cofounder of Southwest Airlines
Look, kiddie. I built this business by being a bastard. I run it by being a bastard. I’ll always be a bastard, and don’t you ever try to change me. 50
—CHARLES REVSON, founder of Revlon, to a senior executive within his company
—CHARLES REVSON, founder of Revlon, to a senior executive within his company
Hmm ... Whom to follow? If you are fast on your feet, you’ll notice that I just offered you an either-or option. The good news is that, as usual, there is a third option.
The contradictory advice you find in business books and elsewhere usually relates to managing
The contradictory advice you find in business books and elsewhere usually relates to managing
HOUSE_OVERSIGHT_013922
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