The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!:


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The object of life is not to be on the side of the masses, but to escape finding oneself in the ranks of the insane.~ Marcus Aurelius

MJ DeMarco had an epiphany when he had a chance encounter with a Lamborghini Countach owner; the meeting led him to have a paradigm shift about wealth. The Millionaire Fastlane is the belief that creating wealth need not take 50 years of financial mediocrity devoured by decades of work, decades of saving, decades of mindless frugality, and decades of 8% stock market returns

The book has a get rich scheme title, but it is not the theme of the book; the Fastlane is just a metaphor on the path to creating wealth, which the author classified as the sidewalk, the slow lane, and the Fastlane. The author deliberately chose the name of the book because he knows the society as we have it structured is attuned to shortcut, quick fixes, and immediacy.

“The goal of the book is to change your perception about wealth and money. Believe that retirement at any age is possible. Believe that old age is not a prerequisite to wealth. Believe that a job is just as risky as a business. Believe that the stock market isn’t a guaranteed path to riches. Believe that you can be retired just a few years from today.”

Here are my favourite take aways from reading, The Millionaire Fastlane by MJ DeMarco.

Luck is what happens when preparation meets opportunity. – Seneca

Luck is said to be when preparedness meets opportunity; successful people always create their luck through hard work, persistence, perseverance, and consistency. Warren Buffet often attributes his success to winning the gene lottery and Hardwork (Nature Nurture). Others like the sports stars we adore, such as Cristiano Ronaldo, Arnold Schwarzenegger, Lebron James “Laboured Under Correct Knowledge” to achieve their mastery and success.

We don’t rise to the level of our expectations, we fall to the level of our training.’ – Archilochus

The successful among us, they worked relentlessly, they grinded, had sleepless nights, watched less TV, they had a vision, and they executed. They had doubts, fears, resistance but they followed through with routine, self-discipline, habits, execution and they eventually created their luck.

You can map out a fight plan or a life plan, but when the action starts, it may not go the way you planned, and you’re down to your reflexes – that means your [preparation:]. That’s where your roadwork shows. If you cheated on that in the dark of the morning, well, you’re going to get found out now, under the bright lights.― Joe Frazier

A lot of the people that we adore in life have an unrivaled work ethic; they are always the hardest workers in the room, they are the first to get to the gym or library, but they are the last to leave. As Will Smith and Dwayne “The Rock” Johnson would often say, “You would not outwork me.” Their work ethic gives them the result in the long run as they profoundly understand that we either have the pain of discipline or the pain of regret. The successful ones among us always choose the self-discipline, which leads to them creating their luck and success.

Shallow men believe in luck. . . . Strong men believe in cause and effect. –  Ralph Waldo Emerson