Book Review & Giveaway: The Other 8 Hours

Author: Robert Pagliarini, author of The Six-Day Financial Makeover and president of Pacifica Wealth Advisors.  You may have seen him on Dr. Phil or 20/20.

Publisher & Book Info: St. Martin’s Press, hard cover, 301 pages, $25.99.

Review: The main premise for Rob’s book is that everybody’s day is split into three eight hour parts: work, sleep, and everything else.  Rob’s hope is to get you motivated to do more during the everything else portion to maximize your own potential.  First of all, I don’t know anybody who only works 8 hours a day.  10 hours of work a day seems more realistic.  Second, who gets to sleep 8 hours a night?  Sounds like elusive bliss to me.   Let’s assume 6 hours of nightly sleep instead, which ironically leaves the same 8 hours of time for everything else!

The Other 8 Hours is an enjoyable read because each chapter contains not only practical advice, but real life inspirational stories to help motivate readers to action.  Too many times we just come home, plop on the sofa, and do nothing.  That’s no way to live.  Below are Rob’s top 10 things he recommends doing with your spare time to help increase wealth and purpose.

Top 10 Creator Channels:

1) Blogging

2) Inventing

3) Writing Books, Screenplays, Music

4) Starting A Company

5) Reselling, Affiliating, and Licensing

6) Taking Advantage of Fads/Stunts

7) Working for Stock in a Company

8} Advancing or Jumping Careers

9) Freelancing

10) Turning Hobbies into Income

Blogging definitely has the potential to earn you a few shekels with enough time and dedication.  I’ve daydreamed about sitting on my yacht somewhere in the south of France writing to you about saving money on champagne and caviar!  Then reality sets in.  However it’s always good to dream.

The item that most interests me is #2.  Rob dedicates a chapter to each of his 10 creator channels, which is very useful because many don’t know where to start.  Rob provides a road map, highlights the pitfalls, and ends each chapter with actual resources you can use.  For inventing where do you go to develop a prototype, receive independent reviews, and hire an agent?  Many answers are all addressed.

WARNING THAT NEEDS FOLLOWING

One of Rob’s key messages, which I wholeheartedly agree, is to NOT jump head first by quitting your job and investing everything you have in your business idea.  I’m sure there will be plenty of those will disagree with this premise.  How can you succeed if you don’t put everything you have into your idea?  You can, but simply during the other 8 hours!

We always hear the tremendous entrepreneurial success stories, but we seldom ever hear of the failures.  Trust me, there are tons of failed ideas, and if you were to invest everything you have in a failed idea, it’s going to take a lot for you to get back to your previous financial state.  Be methodical in your approach, test out your product thoroughly, and make sure you see signs of success before you quit your full time job.

CONCLUSION

Who wouldn’t want more time, more money, and a better life?  It’s simplistic to say a book will give you all that.  However, The Other 8 Hours helps provide a catalyst to get you going.  You won’t just read a book that tells you what to do.  The Other 8 Hours helps shows you how.

WIN ONE OF TWO BOOKS – CONTEST ENDS ONE WEEK FROM TODAY

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* Sign up for our RSS or E-mail feed for one entry.

* Comment about a project you are working on during your other 8 hours for one entry.  Do you think quitting your job to dedicate everything to your side project makes sense?

* If you have a blog, link back and highlight the contest for three entries.

Regards,

Sam @ Financial Samurai – “Slicing Through Money’s Mysteries”

Sam started Financial Samurai in 2009 during the depths of the financial crisis as a way to make sense of chaos. After 13 years working on Wall Street, Sam decided to retire in 2012 to utilize everything he learned in business school to focus on online entrepreneurship.

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Comments

  1. says

    If anyone is thinking about blogging or making money online, I would strongly encourage them to start. One of my favorite pastimes has always been surfing the Internet. Since starting blogging, I have turned one of my favorite pastimes into a money making endeavor. And, once you start trying, you will find all kinds of ways to make money and release your creativity online.
    .-= TheDebtHawk.com´s last blog ..American Depository Receipt (ADR) Explained =-.

  2. says

    I’m officially not entering to win because shipping it to France would be cumbersome.

    But I do like the premise of the book. When my husband and I stopped watching tv, way back in the day, we realized we had time for so many things! Graphic design classes (fun!), writing for me, guitar for DH. . .if I we had been interested in starting up a side business, it would have been doable. . .only, no one actually works 8 hours a day, right? so I think that ‘other 8 hours is maybe a little less than 8–but still substantial.
    .-= Simple in France´s last blog ..Radical simplicity, frugality–for couples only? =-.

    • says

      I agree. I don’t know anybody who gets to only work 8 hours a day. Hence why I assumed 10 hours a day, and 6 hours of sleep.. which still equals the other 8 hours.

      I wake up about 5-5:30am every morning and work on communicating with many of you, then off to work, then 1-2 more hours at night. It’s a whole lot of fun!
      .-= admin´s last blog ..Nick Vujicic Shows Us How to Get Up And Never Quit =-.

  3. says

    Who doesn’t love a great book giveaway?

    My other eight hours definitely include blogging. I think the best way is to put your toe in the water before you jump in head first. You have to know something about the water before you can decide if you should swim.
    .-= CJ Bowker´s last blog ..Are you Tracking? =-.

  4. says

    The project that I am working on is my own blog that is very much in tune with yours here..which is why I find myself here all the time :) I love the consulting that I do and I think that my site is like an extension of that. Some day I do hope to at least slow down the consulting so that I can just be there to work on my project full time. For me it would be like consulting on a much larger scale and there would be such easier availability of information instead of just one “me” running from client site to client site during the day. I’m a huge advocate for raising awareness for literacy too and my web presence would give me a better opportunity to branch out as well. This was kind of a long answer to a short question but YES if I had the means I would totally devote more of the other 8hrs to financiallydigital.com
    .-= Nunzio Bruno´s last blog ..Filing Late Taxes =-.

  5. says

    Sounds like a great book.
    Advice I can share from experience is this: cancel cable TV; and don’t even subscribe to a basic package. Only have a plug in a TV for when you rent a movie.

    I dropped television eight years ago (I’m now 33), and can say I’m better for it. 99.9% of TV is garbage and a waste of your time.

    If you haven’t, commit to canceling your TV for two months; you’ll be amazed how you will fill your time with more worthwhile activities. And better yet, your mind won’t be overwhelmed with consumer ads and meaningless news stories.
    .-= Ryan Martin´s last blog ..How To Value A Company Stock – Price to Earnings Ratio =-.

  6. says

    I REALLY want this book!

    I have been studying for/taking the CPA for way too long now during my other 8 hours. I’m 3 for 3 on the tests and still have one more to pass. Fingers crossed I’ll be done in May!!

    P.S. I just signed up for your feed a couple days ago. :)

  7. says

    The project I am working on is my personal website (jeremynoeljohnson.com). It’s an interesting project – I’m fueling my passion into it, which is to help other people create the reality they want from their thoughts instead of sitting on their butts wishing for things. Still in a creation/organizing mode and working on my writing skills. Looking for opportunities to public speak whenever I can. I want to write books as well. But my first priority is hitting the sweet spot with my site – a point where I see people are getting value out of it – and that has been no easy task :)
    .-= Jeremy Johnson´s last blog ..Fear of Competition =-.

  8. says

    Sam – Thanks so much for the awesome review. I really appreciate you taking the time to share your thoughts on the book. I am also inspired by reading all of the comments. You’ve got some ambitious readers!

  9. Charlie says

    This book makes a lot of good points. I don’t agree with everything he says, but I like how he suggests using “down” time like cooking or cleaning the house to listen to audio books, podcasts, etc. Makes those mundane tasks feel more rewarding and it really does help to get more things done. I also use my commute time to read and study new things, but I don’t think every moment needs to be spent doing/learning something simultaneously, otherwise we’d all burn out. Sometimes using commute time to meditate is way more rewarding than trying to read emails or surf the web.

  10. says

    Sounds like a fun book. Not sure if I would learn anything.

    I went the deep end root 3 years ago. Gave up everything and started blogging and doing some freelance as my income source….. Was a bit silly but it worked out.

    I earn very little money compared to my last skilled full time job but I am happy and getting by.

    y 8 hours consist of working and my other 8 hours consist of trying not to work but I always screw up :)…. I love working online.
    .-= Forest´s last blog ..Where To Find Cheap One Way Flights =-.

    • says

      Sounds good Forest. Do you ever wish you were back to your last job making more money? I often wonder how I’d feel if I made much less than I do now.

      Working on line really is fun, and I share your passion. Keep on networking with the Yakezie and working on your site, b/c come July or August, I got a good initiative for you and the rest of the crew!

      Sam
      .-= admin´s last blog ..Why Isn’t President Obama Considered White to The World? =-.

  11. says

    Between blogging, helping my husband with his business, and bookkeeping, I don’t think I have the full other 8 hours! However, I do get 8 hours of sleep, if I didn’t, I wouldn’t be able to make it through my 12-14 hour day. I’m not giving up any of those hours! ;)
    .-= Little House´s last blog ..Tuesday Tips, Week 7 =-.

  12. says

    What do I do in my “other 8 hours?” Trying to market our website MoneyObedience.com, a virtual financial coach that “talks”to its users. The site targets people who are not very comfortable with numbers and finances which is why we translate numbers into text. We don’t want to accept the excuse that “I am not good with numbers. I can’t do much about my finances.” All human beings are different. To focus on the “personal” in personal finance, we created a product that will help a segment of users who are not served by conventional personal finance products.
    .-= ctreit´s last blog ..Why I Don’t Need to be Financially Independent =-.

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