MJ DeMarco - The Millionaire Fastlane

MJ is contrarian purely for effect. In reality, what he preaches in this book is in no way opposed to the 4HWW or positive thinking.

For instance, he grades different types of systems (rental, computer, HR) on their level of passivity, in a chapter called "Divorce Wealth From Time", and he references going into "startup mode" and working 7 days a week versus pursuing more automation and passivity and barely working at all.

As far as positive thinking, he outright says that it is a useful tool, but not a complete system. Napoleon Hill says this himself. Part of Napoleon Hill's formula is that you have to be willing to work with total commitment to reach your goals. The importance of positive thinking is illustrated in MJ's book when he describes a gas station attendant that exclaims that he'll never be able to afford a Lamborghini. MJ says that the kids biggest problem is his "choice of perception". Absolutely, if you don't believe something is possible and you're deserving of positive outcomes, then you won't be willing to work for them.

I don't want to fault MJ for using controversy to gain attention. There's nothing wrong with that and he's not the best writer in the world, so hey, whatever works.

The core message of the book is not eye-opening to me, but might be for the intended audience, and it is always nice to get new ways of visualizing or verbalizing the things we already be believe. The message is this: expose your self to big numbers — no one gets rich multiplying by 24 or 7, you need massive scale and massive impact to acquire massive wealth, so build systems that you can control and are exposed to large factors.
 


Halfway through the book and wow the sidewalk portion of the book was why I totally failed my first time around after doing IM for a few years.

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I'd imagine most people on this forum have read it, but that's essentially the message in "Rich Dad, Poor Dad" [ame="http://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680011/ref=sr_1_1?ie=UTF8&qid=1325601230&sr=8-1"]Amazon Link (no aff)[/ame], on why most people will never get rich - no matter what their income is.
 
bought it, read it, loved it, loaned it to my sidewalking bro-in-law, he lost it, made him buy me a new copy. waiting for amazon to deliver so my wife can read it.
 
+rep niko

and for anyone who finished MJ's book already, +1 for Felix Dennis' How to Get Rich I'm halfway through and it's pretty damn good.
 
felix dennis's book and a book called "Work the System" are on my short stack.

but it is true...execution is where its at. you can read a million books, but you need to motivate yourself. its really hard to work on something for years before a payoff, you will start to wonder if you are crazy. you are!!! keep doing it!
 
You are making a judgement about the book without even reading it!??! I am halfway through and you are 100% wrong in your assessment of the book, it is almost exactly the opposite of what you describe. In fact he berates people with that mindset.

Ever hear the saying don't judge a book by it's cover.

i haven't read all of the wafo crap either and i don't have to in order to know it's crap.

let me give you a self-improvement tip: you dont get rich reading books about how to get rich. also, making money is actually fairly easy - making money and being happy is the hard bit

-p