MJ DeMarco - The Millionaire Fastlane

ayzo

ayzo

Like a boss
Jun 8, 2007
2,923
157
0
Currently reading it and so far I like it, he founded limos.com and sold it the first time around for $1 million to VC's who almost ran it into the ground, bought it back for $250,000 when they went bankrupt, ramped it back up, and then sold it again for $4.5 million.

[ame="http://www.amazon.com/Millionaire-Fastlane-Crack-Wealth-Lifetime/dp/0984358102"]Amazon.com: The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime. (9780984358106): MJ DeMarco: Books[/ame]


Most of us will already know and follow the basic message of the book which is focusing on building a business that isn't attached to your time and can be scaled but it's still a good read. What I really like about the book is that it's the exact opposite of "the millionaire next door" which IMO is a recipe for a sad and depressing life.

He has an interview at mixergy:

The Founder Who Sold Limos.com. Twice. – with MJ DeMarco | Business Tips

A youtube interview:

[ame=http://www.youtube.com/watch?v=h7lmuoNV460]Interview With Millionaire Founder of Limos.com MJ Demarco - YouTube[/ame]

A bunch of other short youtube videos:

[ame=http://www.youtube.com/watch?v=-nDDBghzcAk]How To Become a Millionaire... And Do It Young. - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=04V89_YErcQ]Are you Driving EAST to Financial Freedom When You Should be Driving WEST? - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=RTveImPn0WE]Want Success? Then Stop Pushing For It and Start Pulling! - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=4DIEcdWl0R0]What Tony Horton of P90X Can Teach You About Wealth (And Not Just Fitness!) - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=oApmUo22BU0]How Best-Selling Authors Fool You Into Losing the Game of Wealth - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=tu9HHU2sE0M]Are You An ACTION TAKER or an ACTION FAKER? - YouTube[/ame]

and a few others...

And then his story:

MJ DeMarco|My Story

Pick up a copy bros.
 


Great book.

I read it 2 months ago and it made me re-think some stuff.

This book and Felix Dennis "How to Get Rich" are probably the two books I would recommend someone wanting to get paper.
 
I'm reading it right now. I'm in the "slow-lane" part and it's a great read. He's obviously very intelligent. I especially like how he keeps shitting on Dave Ramsey, Robert Kiyosaki, Napoleon Hill, The Secret, and all these other financial authors and books without explicitly doing so. So entertaining.
 
Great book.

It's a book I recommend to numskull friends and smart friends a like. Nobody has taken me up on reading it, but its seriously their loss and I could give a fuck.
 
This is a great book. The first half of it is money. The second half is kinda fluff, but what book doesn't have that? 9/10 Really helps pound drill the mindset into your brain.

Haha same here Kingscotty. I tried pitching the book to my friends a few different ways, but no one seemed interested. But like you said, their loss.

Thanks for the video links ayzo. Definitely gonna check them out.
 
The book's a good eye-opener to people who aren't actually building businesses, but the guy is a tool IRL.

Honestly, you don't need to read the book as I can break it down for you right now.

1. You're only going to get rich by selling a lot of shit to a lot of people or selling shit that costs so much money you can get rich by selling very few of them.

2. If you're going to get rich it's going to happen very quickly after LOTS of very hard work. Most people get rich in 2/5 years time when they actually catch their stride.

3. If you're going to get rich it has to be with a business that doesn't depend on your personal time to grow bigger, "scalability" is important.

4. You're not going to get rich by working for other people or investing for the slow and long-term. You have to take risks.

Not to mention DeMarco is a terrible writer, if you're interested in a far more enjoyable read I'd read Felix Dennis's book first.
 
Don't let the lame name of the book distract you, it's the real deal. But obviously most people won't implement the advice in it. Berto recommended it to me and I was pleasantly surprised.
 
Great info lol I have read that book "millionair next door" and passed that shit to by my girlfriend and said this is for you lol CUT BACK
 
What I find funny is that all the people who follow his Facebook feed and post on his forums (I never go there but occasionally get linked there) seem like total slowlane idiots.

Even MJ himself linked to this retarded thread from FB:
Making Money While Other People Are Eating Lunch

Now, I appreciate this guy hustling and finding opportunity somewhere. But this is NOT "Fastlane". This isn't very scalable, it isn't lasting, and it isn't a process in itself that can result in massive wealth. Turning this into some mass-use arbitrage process would be, but this little example is not. The point is to get away from "one hit wonders" like this, and then he goes and links to it!

Anyone can read a book and think they're a genius. And while MJ [rightfully] calls out a lot of gurus, yet he's beginning to get a bunch of idiot wannabe followers himself. Nothing he can do about it, it's just sweetly ironic.

Anyway... If you get this book, apply it and move on. From what I'm seeing in his forums, there's really nothing to learn but how to wast time with suckers.
 
Berto said:
What I find funny is that all the people who follow his Facebook feed and post on his forums (I never go there but occasionally get linked there) seem like total slowlane idiots.
Click to expand...

That's what happens with these books, every time. Slow laners see these books as an "event" to get rich but just like MJ says there are no events without processes. The book is great though IMO because I related to it and it just further drove home things I already believed, which is helpful in its own right.
 
One of the best money books I've read in recent years. I'm currently reading, Get Off Your Arse, by Brad Burton, and the early impressions are this also seems very good.
 
Berto said:
What I find funny is that all the people who follow his Facebook feed and post on his forums (I never go there but occasionally get linked there) seem like total slowlane idiots.

Even MJ himself linked to this retarded thread from FB:
Making Money While Other People Are Eating Lunch

Now, I appreciate this guy hustling and finding opportunity somewhere. But this is NOT "Fastlane". This isn't very scalable, it isn't lasting, and it isn't a process in itself that can result in massive wealth. Turning this into some mass-use arbitrage process would be, but this little example is not. The point is to get away from "one hit wonders" like this, and then he goes and links to it!

Anyone can read a book and think they're a genius. And while MJ [rightfully] calls out a lot of gurus, yet he's beginning to get a bunch of idiot wannabe followers himself. Nothing he can do about it, it's just sweetly ironic.

Anyway... If you get this book, apply it and move on. From what I'm seeing in his forums, there's really nothing to learn but how to wast time with suckers.
Click to expand...

As of late, you're right. I don't even really participate in the forums these days, but like I mentioned if you look at some old old posts, there's some gold. For instance, check out anything by the late "peter2" among others. There's a legendary compilation by "snowbank." (diane kennedy before she left as well)

And for the record, I'm a Fastlane fanboi , but more of the old forum stlye back in the day before the book came out type. I wouldn't be where I am today if it wasn't for him.

This shit happens once you put out a book, but once you meet him you know he's still legit.
 
I also read it a few months ago, great book and he makes some excellent points in there.
 
You must log in or register to reply here.
Top Bottom