D
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Greatest Blackpill Philosopher of Our Time
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The Millionaire Fastlane by M. J. DeMarco: Summary and Notes - Dan Silvestre
The Millionaire Fastlane by M. J. Demarco is a book that will teach you how to build insane wealth and become a millionaire at any age.
dansilvestre.com
Slowlane mindset and missives include:
- Debt perception: Debt is evil.
- Time perception: Time is abundant and can be gladly traded off for more dollars
- Education perception. Educations is important as it helps earn more dollars
- Money perception. Each and every dollar must be accounted for because money is scarce
- Primary income source. A job is the primary source of income
- Primary wealth accelerator. Compound interest
- Wealth perception. Savings, investments, and 401K
- Destination. Comfortable retirement in the twilight years
- Responsibility and control. Works to provide for the family by relying on the employer, government, and the state of the economy
- Life perception. Settle for less, and give up on any dreams
The Fastlane mindset:
- Debt perception: Debt is useful as it allows one to grow their system
- Time perception: Time is far more important than money
- Education perception. Learning is important for growth
- Money perception. Money is everywhere. It reflects the value you create
- Primary income source. Business systems and investments
- Primary wealth accelerator. Making something out of nothing
- Wealth perception. Build business systems for cash flow and asset valuation
- Destination. A lifetime of passive income. Life is what you make of it. Only you can choose how you react to circumstances
- Life perception. Dreams are worth pursuing no matter how outlandish
muh investing. you are in the slowlane. have fun being rich when ur 60 years old
The Five Faslane Business Seedlings
- Rental systems. Real estate is an example of a rental system that produces a recurring monthly income
- Computer/software systems. The internet and software programs have created more millionaires than any other system in history
- Content systems. Content systems are systems of information. They include books, blogs, and social networks
- Distribution systems. These are systems that move products to the masses. An example is Amazon
- Human resource systems. Systems that are run by people. Sometimes they can work in conjunction with other systems
basically, propertymaxx, create softwaremaxx(ai is a good opportunity atm), sell infoproducts,
do any of those mean ecommerce? why isnt product selling businesses included?
You can’t pay yourself first if you don’t own yourself. To own yourself, create a corporation that divorces you from the act of business.
