The Millionaire FastLane, MJ DeMarco
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MJ DeMarco

The Millionaire FastLane

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Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
Sidewalking Symptoms: Are You on It?
You haven't learned much since graduating from high school or college.

“I'm done with school, hooray!”

You change jobs frequently.

“C'mon, MJ, I left because this other job pays more.”

You think people with money have it because they had rich parents, luck, or easier life circumstances than you.

“I've had it hard. If my parents would have paid for college I could have had a good job. I had a rough childhood. Those people with money have no idea.”

You are easily impressed and seek to impress.

“I love designer purses, German cars, Italian clothes, and purebred dogs. I work hard for my money and I deserve it!”
Alexander Zinenko
Alexander Zinenkoje citiraoпре 3 године
If you want to be rich, you have to start thinking rich.
Time is king.
Alexander Zinenko
Alexander Zinenkoje citiraoпре 3 године
The Fastlane is about being both lifestyle rich as well as time rich.
Nikita Kolmogorov
Nikita Kolmogorovje citiraoпре 5 година
Good choices of perception translate into good choices of action. To change your perception is to change your future actions.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
bought an asset for $250,000, appreciated and manipulated the variables, and then sold it for millions. I controlled my financial plan; the plan didn't control me.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
In the Fastlane, your Wealth Accelerator is based on creating or buying appreciative assets, adding value and manipulating the variables, and then selling.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
So how do you know if you can afford it? If you pay cash and your lifestyle doesn't change regardless of future circumstances, you can afford it. In other words, if you buy a boat, pay cash, and are NOT be affected by unexpected “bumps in the road,” you can afford it.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
Feeling trapped to the lifestyle illusion, Henry continues to work believing the ideology that wealth has its price.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
I just love American Idol, Lost, Survivor and Peoples' Court. Monday through Friday from 6 p.m. to 10 p.m., I know exactly where I will be.”

You've lost money on “get rich” schemes.

“There's got to be an easy way to wealth. If I just buy this program/DVD series/late night infomercial product, I'll have the secret! Get rich easy is out there!”

Your family cringes when you ask for money or you quit asking because you know a lecture follows.

“Geez, it's just $500. My parents should take care of me until I die. Don't they see how hard I have it? I mean, look at this apartment! The granite countertops need to be replaced!”

Can you identify a behavioral pattern? These mindsets are indicative to the Sidewalk. Hopefully you're not feeling angry or defensive because that might indicate your beliefs are bred from the Sidewalk roadmap.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
What's the point? You only make 1% on a savings account anyhow, and look at all those people who invested in the stock market. Suckers! At least if I spend every dime I can't lose it!”

You have no car insurance, no health insurance, and you have unprotected sex with uncommitted partners.

“What can I say, I'm a risk taker. I know that insurance and birth control are important, it's just not a priority.”

You regularly gamble at the casino or buy lottery tickets.

“You gotta play to win right? Forget the odds-this time's different, I just feel it.”

You immerse yourself in alternate realities, including Web site celebrity gossip blogs, television, sports, video games, or soap operas.
Nabi Nabiyev
Nabi Nabiyevje citiraoпре 3 месеца
You have poor credit.

“I pay my obligations most of the time … it's just that I can't always pay on time because of situations outside of my control. Besides, the banks and utility companies are big, rich companies-they are the enemy.”

You put faith into politicians and government to change the system, instead of focusing on how you can change yourself.

“A bigger government is the solution. More regulation, more programs, and more services. The government should serve the people. Rich people should pay more in taxes for their good fortune-they can afford it and I can't!”

You view pawnshops, payday loan stores, and credit cards as a means of supplemental income.
“Groceries can't wait until the next paycheck-my family has to eat! Besides, there's a sale on crab legs for only $18 a pound.”

You have filed for bankruptcy at least once.

“It wasn't my fault-I overextended myself and didn't expect to lose my job. I didn't expect a recession. I don't feel bad about bankruptcy because it wipes my slate clean and I can start over fresh. I'm already pre-approved for another credit card.”

You live paycheck to paycheck.

“Wait, doesn't everyone?”

You don't alert a business when they give you incorrect change in your favor.

“Are you crazy? If a business makes a money mistake, I'm keeping it. It's not my fault their employee screwed up.”

You have a negative net worth and little, if no savings.
tjoasusanto
tjoasusantoje citiraoпрошле године
Wealth eludes most people because they are preoccupied with events while disregarding process. Without process, there is no event.
Youssef El Moukh
Youssef El Moukhje citiraoпрошле године
Beliefs preceded choices
Youssef El Moukh
Youssef El Moukhje citiraoпрошле године
This was the Fastlane.
Tony Pinkevych
Tony Pinkevychje citiraoпре 3 године
Give Wealth a Supercharger
The journey of a thousand miles begins with one step. I've spun a lot of information your way and it's time to put it together and take your first step. It's time to unfold your process with concerted action. You now have the necessary psychological and mathematical framework that will give you better probabilities for wealth. To start your Fastlane financial road trip strap on the F-A-S-T-L-A-N-E S-U-P-E-R-C-H-A-R-G-E-R, which is an acronym for the Fastlane process.
1. Formula (Fastlane supercharger)
Wealth is a Formula and a systematic process of beliefs, choices, actions, and habits that form a lifestyle. Wealth is a process, not an event.
2. Admit (fAstlane supercharge
Tony Pinkevych
Tony Pinkevychje citiraoпре 3 године
How to Rise above the Noise
There are five ways to get your message above the noise:
Polarize
Arouse emotions
Be risqué
Encourage interaction and
Be unconventional
Tony Pinkevych
Tony Pinkevychje citiraoпре 3 године
Developing Your USP
How do you develop a solid USP for your company? There are five simple steps.
Step 1: Uncover the Benefit(s)
Tony Pinkevych
Tony Pinkevychje citiraoпре 3 године
40% goes to fund your money system, and 20% pays your lifestyle. This delivers your target lifestyle AND simultaneously funds your money system. The other target is your passive income from a lump-sum money system. To enjoy your designated lifestyle supported by a money system, your target number is $5,599,920.
Five percent interest on this amount is roughly $23,000 monthly, which covers lifestyle and taxes.
This dual-flanked attack builds a passive income stream from a business that funds a money system. The result is like warping the destination to you. You can experience retirement without being retired. For example, my Web business routinely earned $100,000 per month, month after month. Yet, in those instances, I didn't have $20,000,000 lying around, but the lifestyle was an option because my business system cash-flowed the equivalent of that lump sum. Excess income funded my money system. Then, later, I liquidated the asset to arrive at my “money system” number. If your business system generates passive income, you can use it to fund your lifestyle and your money system simultaneously.
Tony Pinkevych
Tony Pinkevychje citiraoпре 3 године
Step 3: Set the Targets
The goal of this step is to set your two targets: the business system income target and the money system target. To calculate your money system target, multiply your Net Living Cost by 12, then divide by .05, or 5%. Five percent is the minimum expected yield on a money system.
Money System Target = ($23,333 X 12) / .05 = $5,599,920
For your business system target, multiply your Gross Living Cost by 5.
Business System Target = ($14,000 X 5) = $70,000/mo.
These are your two targets.
First, seek to create a business system that generates $70,000/month in passive monthly income. Of this income, 40% goes to taxes,
Tony Pinkevych
Tony Pinkevychje citiraoпре 3 године
Here are the most common phrases:
“I hate …”
What do you hate? Solve the hate, and there's your open road.
“I don't like …”
What don't you like? Remove the dislike, and there's your open road.
“This frustrates me …”
What is frustrating? Remove the frustration, and there's your open road.
“Why is this like this?”
I don't know, why is it? Remove the “why,” and there's your open road.
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