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by
M.J. DeMarco
Started reading
July 19, 2024
Normal is not something to aspire to, it’s something to get away from.
Normal is not something to aspire to, it’s something to get away from.
Fast wealth is created exponentially, not linearly.
Fast wealth is created exponentially, not linearly.
Wealth creation has the same method of execution—a mixed collection of many disassociated ingredients into an consolidated whole that has value and is worth millions.
Wealth creation has the same method of execution—a mixed collection of many disassociated ingredients into an consolidated whole that has value and is worth millions.
Wealth eludes most people because they are preoccupied with events while disregarding process. Without process, there is no event.
Wealth eludes most people because they are preoccupied with events while disregarding process. Without process, there is no event.
If the road trip to wealth were easy, wouldn’t everyone be wealthy? Expect a price to be paid. Expect risk and sacrifice. Expect bumps in the road. When you hit the first pothole (and yes, it will happen) know that you are forging the process of your unfolding story. The Fastlane process demands sacrifices that few make, to resolve to live like few can.
If the road trip to wealth were easy, wouldn’t everyone be wealthy? Expect a price to be paid. Expect risk and sacrifice. Expect bumps in the road. When you hit the first pothole (and yes, it will happen) know that you are forging the process of your unfolding story. The Fastlane process demands sacrifices that few make, to resolve to live like few can.
Your belief system acts like a compass that, if errant, can lead you to a lifetime of detours.
Your belief system acts like a compass that, if errant, can lead you to a lifetime of detours.
Debt Perception: Does debt control you or do you control your debt? Or, do you even have debt?
Debt Perception: Does debt control you or do you control your debt? Or, do you even have debt?
A first-class ticket to the Sidewalk is to have no financial plan. The Sidewalk’s natural gravitational pull is poverty, both in time and money. You cannot solve poor financial management with more money. You can be income rich and still ride the Sidewalk dirty. If wealth is defined by income and debt, wealth is an illusion, because it is vulnerable to potholes, detours, and “bumps in the road.” When the income disappears, so does the illusion of wealth. Poor financial management is like gambling; the house eventually wins.
Wealth is the ability to fully experience life.
Wealth is not authored by material possessions, money, or “stuff,” but by what I call the three fundamental “F’s”: family (relationships), fitness (health), and freedom (choice). Within this wealth trinity is where you will find true wealth and, yes, happiness.
“Remember, no man is a failure who has friends.”
Henry comes to a moment of truth: “I’m not living a dream, but my dream is living me.”
Wealth is authored by strong familial relationships, fitness and health, and freedom—not by material possessions. Unaffordable material possessions are destructive to the wealth trinity.
Why am I wealthy, versus the guy stuck in morning traffic driving to work? I have freedom. I wake up and do what I want. I pursue dreams. I write this book without worrying about how many will sell. I hop a plane to Las Vegas for two weeks without worrying about jobs, bosses, or unpaid electric bills. Freedom is fantastic.
Think about the last time you bought a pack of gum. Did you fret over the price? Did you ask, “Hmmm, can I afford this?” Probably not. You bought the gum and it’s done. The purchase had no impact on your lifestyle or future choices. To a rich man who walks into a dealership and buys a six-figure Bentley without thought, the acts are the same. Affordability is when you don’t have to think about it.
Sidewalkers interpret it as luck, when it is nothing more than action interacting with better probabilities. Luck occurs when probability moves from impossible to likely.
To tell a great poker player “you’re lucky” is to hurl an insult. Likewise, to ascribe luck to a self-made millionaire’s success is to perform the same insult.
Responsibility is the price of greatness.
history is doomed to repeat if we continue to repeat the same behavior.
to be the boss, you not only need to run the show, you need to own it.
People would do better, if they knew better.
it isn’t easy and it isn’t for everyone. Question is: Is it for you?
THE FASTLANE MINDPOSTS Like the other roadmaps, the Fastlane Roadmap contains the same mindposts or behavioral characteristics that drive the Fastlaner’s actions along the journey. They are: Debt Perception: Debt is useful if it allows me to build and grow my system. Time Perception: Time is the most important asset I have, far exceeding money. Education Perception: The moment you stop learning is the moment you stop growing. Constant expansion of knowledge and awareness is critical to my journey. Money Perception: Money is everywhere, and it’s extremely abundant. Money is a reflection of how
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Many people have lived “Get Rich Quick” because it was preceded by process.
From the day you were born, you were baptized to play for Team Consumer,
This “consumer” focus acts like a gravitational pull to anti-Fastlane thinking and immediately puts you on the wrong team.
The winning team is Team Producer.
Reshape life’s focus on producing, not consuming.
When you reframe your thinking from majority thinking (consumer) to minority thinking (producer), you effectively switch teams and allegiances. Yes, beco...
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Remember, the rich are a minority, and you want to be in that minority. It starts with a producer mindset.
MILLIONAIRES CREATE AND MANIPULATE ASSETS (ASSET VALUE)
SUPER-FAST WEALTH ACCELERATION: LIQUIDATION EVENTS Liquidation events create millionaires overnight, but only if liquidation occurs. Liquidation events are the process of selling your appreciable asset to the market. It’s a Fastlane exit strategy.
Money is the king of money trees.
The Law of Effection states that the more lives you affect in an entity you control, in scale and/or magnitude, the richer you will become. The shortened, sanitized version is simply: Affect millions and make millions.
Scale creates millionaires. Magnitude creates millionaires. Scale and magnitude creates billionaires.
Joe Magnitude owns a company that develops commercial real estate. He develops 14 office complexes and partitions the offices into condos. Each fully sold complex profits him $400,000 (magnitude) × 14 (scale) equals $5,600,000. Joe Scale writes a book detailing a diet of the stars. He sells 800,000 copies (scale) and earns $7 per copy (magnitude). He earns the same amount: $5,600,000.
The closer you get to the source of large numbers, the closer you will get to wealth. To serve millions is to make millions. Think big to earn big.
