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The Millionaire Fastlane

leoexplor.es

11–20 of 86 posts

Re: The Millionaire Fastlane

#12
I know many of you will not like this book, but I personally think it's exactly what the doctor ordered for a ton of people who feel they need to break free from the "golden handcuffs" of their salaries / day jobs.

It's everything I wish I had read at age 20. Except it didn't come out until I was about 28 or 29. At that point, I'd just spent the last half dozen years learning all of those lessons myself.

Behind the marketing fluff and silly title (which has been quite successful for him), MJ absolutely nails it. People either "get it" or they don't.

For some of you, it might seem like common sense:

* Separate your time from your income stream. *

Build a flexible, scalable business that you control that has a hard path to entry, yet can scale beyond its own man-hours.

Don't be too put off by the title. There's a ton of people, myself included, who would benefit from reading it.

Re: The Millionaire Fastlane

#13

Earlier quoted context omitted.

4-time MLM business owner? Have your actually read the book? For one thing MJ is against MLM's because it fails the commandment of control and entry (read the book to find out). For those of you curious about the book, just read the sample chapters given in his forum, or listen to the audio book sample. Make your own conclusions. For one thing this is the book venture capitalists don't want you to read.

> For one thing this is the book venture capitalists don't want you to read. That sounds like 100% marketing schtick.

FYI: I was the one who wrote that statement. I didn't recall him saying something like that.

Re: The Millionaire Fastlane

#14
The title is horrible. This isn't a get-rich-quick book like it sounds, in fact, DeMarco constantly stresses the long, tedious process required to become well-off.

People on HN will probably find it redundant and repetitive, but for people on the street, living paycheck-to-paycheck, on food-stamps, etc., this book can really open someone's eyes.

MJ's forum, The Fastlane Forum, is an incredible helpful resource for anyone. If you don't read the book, at least check out the forum. It will be well worth your time.

Re: The Millionaire Fastlane

#17
post #14

The title is horrible. This isn't a get-rich-quick book like it sounds, in fact, DeMarco constantly stresses the long, tedious process required to become well-off. People on HN will probably find it redundant and repetitive, but for people on the street, living paycheck-to-paycheck, on food-stamps, etc., this book can really open someone's eyes. MJ's forum, The Fastlane Forum, is an incredible helpful resource for an…

"Sell em what they want. Give em what they need."

Re: The Millionaire Fastlane

#18
post #5

A few examples of Fastlane projects: write a book (lots of work, but then it makes money forever without you having to put in more work), make an invention (lots of work, but then you get royalties for a long time). The median average annual earnings for an author in the UK is about £12,330 ($20,300). With the ease of self-publishing platforms like Kindle and the proliferation of promotions and sales at traditional b…

Not to mention how few books remain in print or sell new after only two or three years.

Re: The Millionaire Fastlane

#20
post #3

Was trying to refrain from making negative comments on this book, having recently read it, but I can't resist just a few to save some people some wasted time: . The style is very 'motivational speaker', written by a self-confessed 4-time MLM 'business owner' - lots of fluff and padding - and what is with the 'Laws' he keeps making up? And the long drawn out explanations with terrible analogies? . Nice tone of misogyn…

4-time MLM business owner? Have your actually read the book? For one thing MJ is against MLM's because it fails the commandment of control and entry (read the book to find out). For those of you curious about the book, just read the sample chapters given in his forum, or listen to the audio book sample. Make your own conclusions. For one thing this is the book venture capitalists don't want you to read.

Yes, I read it. He says in the book that it took him ownership of four consecutive MLM businesses (I use the term lightly) to realise that the only person who profits from MLM is the person who starts the business itself. Who needs four full ownership experiences to realise that? I realised it from the literature when I was 17.

Not to mention the many times he quasi-advocates actually starting MLM structures. I can quote the book if I need to. I'm now wondering if you actually read it!

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