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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!

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4.37  ·  Rating details ·  8,926 ratings  ·  695 reviews
Is the financial plan of mediocrity-a dream-stealing, soul-sucking dogma known as The Slowlane-your plan for creating wealth? You know how it goes-go to school, get a good job, save 10 percent of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks mocha lattes, save and penny-pinch your life away, trust your life-savings to the stock ...more
Paperback, 322 pages
Published January 4th 2011 by Viperion Publishing Corp (first published November 8th 2010)
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Scott Taylor
I thought this was an amazing book.

I wrote some book notes + a quick one minute summary here:

https://www.youtube.com/watch?v=VtddW...

http://richwithno…more

I thought this was an amazing book.

I wrote some book notes + a quick one minute summary here:

https://www.youtube.com/watch?v=VtddW...

http://richwithnojob.com/2017/05/19/b...

I think my biggest takeaway was that quick wealth was possible, just not easy, and the way to do that is by creating a business, but only a very certain type of business.

After getting wealthy, that’s when we use compounding to grow our wealth, and use a portion of that interest to live off of.

As for the types of businesses that fit his criteria, you’ll have to visit the links above or read the book :)(less)

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Kingshuk Mukherjee
Rule number 1 of how to/self help/business books- take advice from people who have lived what they wrote. If they are primarily writers and public speakers, and that is their business model, toss the book and move on. The best advice comes from people who have lived it. On to this book-

I don't know why, but some of my favorite business books have had the scammiest titles ever. Regardless, this book has made me go "oh shit I didn't think of that" just about every other page. I'm glad I read this
...more
Ben Love
Dec 29, 2012 rated it it was amazing  ·  review of another edition
No no no… not another get-rich-quick book???!!! Except it’s not. 113 out of 125 reviews on Amazon rated this five stars and left a ton of positive comments. So I bought it to see what all the fuss is about…
Rich Dad, Poor Dad is often considered the “go to” book of this category, and I would’ve agreed until I read this. It’s also no Four Hour Work Week either.
I much prefer MJ’s approach – no B-S, practical and realistic advice, handfuls of applicable psychology to push the norms you may have come
...more
Cara
I'm kind of embarrassed to be reading a book with this title, but Mike Hrostoski listed it as required reading for his men's conference, plus apparently the author was interviewed on Smart Passive Income at some point and caught my eye back then, too.

So far, it's all common sense, except of course if it was that common, we'd all be rich by now.

The main important parts so far are:
- Wealth is not owning a Lamborghini. It's having enough money to have enough time for what you care about. By that st
...more
Ben
Jun 18, 2011 rated it really liked it  ·  review of another edition
First, the bad: MJ DeMarco isn't an elegant writer, nor is he particularly scholarly in the way some business-minded people are. Just take a look at his blog where he posts videos of himself sitting poolside in his mansion, wearing a backwards ball cap, and seriously discussing the parallels of a supermarket conveyor belt and business strategies.

(Read full review here: http://wp.me/pWekB-6k)

DeMarco also seems to be a lucky dot-com millionaire. He started and sold a limousine chartering website f
...more
Leo Polovets
Jul 06, 2012 rated it it was amazing  ·  review of another edition
This book is amazing, which surprised me because the title is so bad. No, not just bad, but cringeworthy. Despite the title, the content is golden. The author, a self-made millionaire, breaks down a lot of accepted ideas about how to build wealth (like investing in 401Ks and mutual funds) and presents superior alternatives. The main premise of the book is that the traditional road to wealth has two main problems: the road is not in your control and it’s a very, very long road. The solution is to ...more
Nina
Sep 11, 2014 rated it did not like it
Shelves: non-fiction
Had this book been written by another author, it might have gotten a decent rating. But halfway through I stopped and skimmed the rest, and confirmed there was no way I'd keep on subjecting myself to the airs of the author. I get it, his target audience are people who "can't seem to figure out" how to get rich and want to know what the secret is. But there is a big difference between some though love and just breaking down everyone who doesn't fit your fastlane idea.

As for the 'secret', it is r
...more
Will Davis
May 21, 2016 rated it it was amazing
There are certain books that, as soon as you start reading them, you know that they are going to change your life. And that's the feeling that I got when I went through the first pages of The Millionaire Fastlane.

Albeit a ridiculous and misleading title (I mean, it sounds like any other "Get rich fast" book), the Millionaire Fastlane is an encyclopaedia of everything financial, especially if you're not proficient in the topic.

Creating a strong parallelism between personal finance and the world
...more
Waseem
Dec 26, 2012 rated it it was amazing  ·  review of another edition
Wow, I've read countless books on wealth creation, business and more, but this is ONE OF THE best I've reward in a long time, dare I say it if not THE best...

The author just tells it how's it says, and has the guts to expose some of the crap that the 'Gurus' teach .. The very gurus and experts although I still learn from and respect today,

But DeMarco of this book just literally spelt out what I always saw as problems in the way we are taught, even from the experts

.. Look if your reading this rev
...more
Mac
May 04, 2013 rated it it was amazing  ·  review of another edition
Shelves: business
Screw your passion!! Well...just a bit. If there isn't a market for your passion, and if you want to be young and rich, then you need to change direction. And be smart. Those Tv programs with pretty celebrities saying you should "do what you love and money will follow" are only slightly correct. People buy your product because they like it. They don't ask you how much passion you have before a transaction is made. The following scenario never happened: "That looks horrible, but are you passionat ...more
Eartha
Feb 17, 2011 rated it it was amazing  ·  review of another edition
It has been awhile since I've read a book that I couldn't put down. Definitely one of the most inspiring and motivating business books I have ever read.
Alex
This is one of those books that had an impact on how I see the world, but I hesitate to recommend it to anyone due to how poorly it is written. While I'm glad I read this book, I can't give it the four-star I'd like to give it for a number of reasons.

As far as entrepreneurship goes, this is my first foray into the topic. As a primer, it served that purpose well. DeMarco lays out (in broad, abstract strokes) the basics of identifying a need, providing a fix or solution for that need, and general
...more
Tin Phan
Feb 05, 2016 rated it it was amazing
A must read for everyone. One of the best books I have ever read.
Jina
May 06, 2017 rated it liked it
This was recommended on a mailing list as "It totally changed my mindset," so I got it from the library. Skimmed most of it. It's a typical rags-to-riches story in hyperbolic style, with plenty of condemnation of poor people for being lazy. In chapter 2, the author describes how after getting his bachelor's degree, he had a string of entrepreneurial failures, and finally decided to relocate away from Chicago to start over. This gives you an idea of both the writing style and the author's decisio ...more
Bryan Vest
Jun 16, 2011 rated it really liked it  ·  review of another edition
The Millionaire Fastlane is an informative and engaging book. Very well written, easy to follow and more truthful than any book of this type that I have read in the past. I do not want to even compare this book to any other book because it is not like any other book, it is full of hard hitting truth. My mind had become numb over the years and I had stopped caring about my path. My idea generation engine had shut down through the doldrums of working a 9-5 and raising a family. Get up eat go to wo ...more
Aaron Sadhankar
Mar 26, 2015 rated it really liked it
This is essentially a fairly common sense guide to entrepreneurship.

A lot of the book is spent on evaluating the fallacy of traditional wealth accumulation through work "servitude". That is, working for decades during the prime of your life in order to enjoy life in old age. This book is quite insightful if you've never questioned the logic in that. If you have though, then the value in this book is limited to a few chapters that detail the process of creating something with impact that could le
...more
Ash Lanser
Nov 22, 2017 rated it it was amazing
Not always easy to read, but I am so glad I pushed through. Will definitely be reading it again. A much needed slap in the face for anyone who is their own boss, is overworked and on top of that doesn't have a plan to get even close to financial freedom. Love the part about attitudes, in the first couple chapters. Concrete questions on evaluating the viability of a business idea. And the Law of Effection.
Roberto Zanon
Oct 12, 2016 rated it it was amazing
Shelves: mandatory, wealth
Most probably the best book ever read about business.
Petar Ivanov
To be honest, I am not sure how to describe this book. I found so much valuable information, tips & tricks, and mathematical stuff. The author also shares his philosophy of what's the most vital asset in our lives - TIME, and how we could try to escape the Slowlane race and start playing on the Fastlane road. All information is presented very clearly with Chapter Summary which makes it easy to comprehend and remind yourself the most impart part of each chapter. The author's writing style is pret ...more
Henrik Haapala
Jan 18, 2017 rated it it was amazing
Shelves: favorites, wealth, how-to
• Fast lane, slow lane and sidewalk: what map are you following? The point is we are our choices, and something I use is the decision strategies in the book, very helpful indeed. WADM and WCCA. Weighted average for difficult decisions and worst case consequence analysis for everyday decisions.
• Fast lane: controllable unlimited leverage, business, lifestyle and rapid wealth
• Time is your most important resource, don’t exchange it for money. Time is scarce, money is abundant.
• The importance
...more
John
Aug 08, 2012 rated it it was amazing  ·  review of another edition
Really different material and whole 'nother take on getting to where you want to be. This isn't a happy, all-sunshine book on how being positive and dreaming or wishing will get you whatever you want; MJ Demarco hits you upside the head and puts the onus on you. Getting rich isn't an event, he says, but a process and this is how most people fail at getting rich.

He outlines the steps to getting there and shows you how to think. This book is about a mindset and is very well-written. Almost everyth
...more
Roman
Jan 08, 2015 rated it really liked it
First and foremost, I liked the book.

DeMarco's aggressive and intuitive style made this book interesting and easy to understand. However, some of the aspects I don't share with him, especially the ones he sees in loving what you are creating. For him, money is the ultimative goal that results in financial independence and you should do everything to achieve it. There is nothing wrong with it, though.

But, if you try doing something on your own, creating, designing and putting your effort into t
...more
Eugene
Jul 22, 2016 rated it it was amazing
Shelves: startups
This review has been hidden because it contains spoilers. To view it, click here.
Priya Ravinder
Apr 12, 2017 rated it really liked it
Shelves: inspirational
This is one hell of a book. It comes as a punch in the face for all the slackers and procrastinators who are only dreaming of making it big. Every chapter I read was so insightful and motivating. Although his principles may not apply to all personality types, it's a must read for anyone who dreams of becoming rich and is looking for shortcuts (or not).

DeMarco was brutal with his rebukes and chastising, that could break through anyone's inertia. And I think that's very much needed.
Silver Kuklase
Feb 06, 2014 rated it it was amazing
If you want to be wealthy, you should probaly marry this book. I will use this book as my bible for now and apply what it teaches, because it is powerful! :)
Gavin Mills
Oct 02, 2016 rated it it was amazing  ·  review of another edition
Cringey title but a worthwhile read.
Steve Papanastasiou
Feb 22, 2017 rated it it was amazing
Eye opening M.J DeMarco!

Gets you inside a millionaire's mind.
Great mindsets and beliefs.
Emiel Aerts
Feb 09, 2017 rated it really liked it
The one thing that might stop me from completely believe MJ DeMarco in everything he says, is that he only derives his supposed knowledge from his own situations, and that's just one case study from which principles can be hardly derived. One might be bothered by how he presents them that way.

However, This book really kicked of my desire to develop my own business. The author really makes a point of explaining things in a simple way, and although it seems to lack credibility sometimes, it builds
...more
Ahmad Abugosh
Aug 29, 2018 rated it it was amazing
Although this book has a spammy get rich quick title, I strongly recommend to read it if you're serious about starting a business!

There are so many insights to share, I'll have to write a longer review to mention them all, but the main idea behind the book is that you need to change how you think about money i.e going from the "Slowlane" to the "Fastlane" (by freeing up your time), and build systems that provide value for people.

This might seem like common sense, but what's nice about the book
...more
Bragadeesh
Jan 31, 2017 rated it it was amazing  ·  review of another edition
Shelves: audiobook
I've had the opportunity of traveling with MJ Demarco on his Fastlane book whilst me traveling on my car every day to and from work - kind of two journeys in one! The concepts in this book are mathematically and theoretically sound. If one could follow these processes and the Axiom like Five commandments - Need, Entry, Control, Scale, and Time! Putting these into practice will definitely put you in the right direction! This guy made me take my first step in the journey!
Caroline
Oct 15, 2011 rated it it was amazing  ·  review of another edition
Probably the best book I've ever read on HOW to work, and HOW to choose the right road. It really shines a bright light on the different attitudes and thought processes that make some rich, and some forever struggling.
I'll insist on my daughters reading this when they are old enough!
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weak start but massive gold information after that 3 50 Jul 18, 2019 01:29AM  

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MJ DeMarco is a semi-retired entrepreneur, investor, advisor, and international best-selling author who’s books have been translated in over 15 languages worldwide. He is the current founder of Viperion Publishing Corp., a media company focused on online and print content distribution. He also is admin/founder for The Fastlane Forum, the web’s leading destination forum for start-up, finance, and e ...more

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As dedicated readers already know, some of the best and most innovative stories on the shelves come from the constantly evolving realm of young ad...
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“Somebody should tell us, right at the start of our lives, that we are dying. Then we might live life to the limit, every minute of every day. Do it! I say. Whatever you want to do, do it now. There are only so many tomorrows. ~ Michael Landon” 19 likes
“Time isn’t a commodity, something you pass around like a cake. Time is the substance of life. When anyone asks you to give your time, they’re really asking for a chunk of your life. ~ Antoinette Bosco” 14 likes
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