THE MILLIONAIRE FASTLANE (BY MJ DEMARCO)

Video Description

Support the channel by getting The Millionaire Fastlane by MJ DeMarco here: https://amzn.to/2VD3vyY As an Amazon Associate I earn from qualified purchases. In this video I will summarize my 5 greatest takeaways from MJ DeMarco’s The Millionaire Fastlane, a truly inspiring book that may be able to change the way you currently think about becoming wealthy. Playlist of books on how to start your first business: http://bit.ly/391czmD Top 5 takeaways from The Millionaire Fastlane: 0:00 Intro 01:29 1. The Sidewalker, The Slowlaner & The Fastlaner 04:24 2. The Mathematics of Poverty & Mediocrity 07:19 3. The Mathematics of Wealth 10:03 4. The 5 Fastlane Commandments 12:57 5. The Law of Effection TL;DW: - Your beliefs form your actions. Try to change your attitude to that of a fastlaner, and you will see results in your personal finances down the road - The sidewalk is mathematically predisposed towards poverty, the slowlane is predisposed towards mediocrity and … - The Fastlane is predisposed towards wealth. We want to stack the mathematical odds in our favour. - A Fastlane business should fulfil as many as possible of the following 5 commandments: control, entry, need, time and scale - Provide value in scale or magnitude to become a millionaire My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.