How to Outsource Your Life Away

There are some things that are perfectly egalitarian on this planet. Birth and death for one. And the fact that in between we all have 24 hours each day of our life. President Obama gets 24 and I get 24. But as our lives get busier and there are more choices for us it becomes difficult to do everything we want to in 24 hours. So we lead frenzied, busy lives, lurching from one commitment to another under the tyranny of schedules.

That is when I stumbled upon a concept that shifted my paradigm. You can BUY time in a free market capitalist economy and as a result have 28 or 32 or 36 hours in a day. I first read about it when A.J. Jacobs tried personal outsourcing and wrote an article in Esquire titled “My Outsourced life” which has done its rounds around the Internet. His point was that corporations were outsourcing so individuals could do likewise. Rock stars and Hollywood celebrities have assistants. So can regular folk like me.

My inspiration came from Timothy Ferriss, author of the best seller “The 4-Hour Work week“ when he spoke at Google (video). His compelling logic is as follows: Take your annual salary and divide it by 2,000 hours which is the number of hours people in America work on average. The resulting number is the economic value of an hour of your time based on your current compensation. Let us say that number is $40 for example. If there is something you need to get done but it is not your passion and someone else can do it for you for less than your hourly cost ($40 in this example) then you should give it to them and use that hour to focus on your passion and joy.

Simple! So I read his book, followed through and did much of the outsourcing he does, plus some more I have invented. It is likely, you may assume, that this is the lifestyle of the rich and the famous. I am discovering it is not and that you could get help as little as $4 an hour or even $0.

Here is what I have done to outsource my life:

But don’t you need a fortune to live this way?

Now I am sure you must be wondering how one affords all this if you are not a rock star or the Sultan of Brunei, which I am not. The well keep secret that I learned from Timothy Ferriss is that you can take advantage of free market capitalism, labor market arbitrage, and currency exchange rates and get all this for some relatively inexpensive rates.

For example, my website designer is $4 an hour and spends about 5 hours a month on my website, so that is a $20 bill. The triathlon club fees are about $5 a month and for that you get free coaching in three sports 2-3 times a week. Toastmasters dues are $3 a month and experienced members are always happy to be mentors. A personal assistant can be as low as $10 a month and for a 5 to 10 hours of their time you pay a nominal fee but get lots done.

More importantly, what do I do with the time that I’ve freed up? Focus quite exclusively on five things that are important to me and I want to spend most of my time on. Those five are:

Here is an example of the kind of trade-off I am making: I teach free yoga lessons and have done so ever since I trained to be a yoga instructor in India. This is my gift to the world. I am consciously choosing to pay someone to take care of tasks that are not my passion so that it frees up two hours a week when I can teach yoga for free.

How successful am I with this concept? Modestly successful, although this is still a work in progress.

Good luck if you choose to go down this path.