Post: #26

Is this book about affiliate marketing?

Post: #27

edit

Post: #28

(11-15-2012 02:53 PM)RioNomad Wrote:  Is this book about affiliate marketing?

no.

its about one's mindset more than anything. its a good philosophical book on money and how to make the most possible.

Post: #29

He has the right mindset, but you can tell he doesn't bang chicks though. He ridicules people who can't wait till Saturday night to go to the bars.

Post: #30

http://www.mediafire.com/?0e4f449hpyacjsx

Here is the pdf

Post: #31

I'll buy this book

Post: #32

(11-15-2012 06:21 PM)maccc Wrote:  He has the right mindset, but you can tell he doesn't bang chicks though. He ridicules people who can't wait till Saturday night to go to the bars.

I think you didnt really get his message.
He advocates busting your ass for a couple of years, so you never have to work again and can hang around in bars every night of the week if thats your thing.

Post: #33

(11-21-2012 12:26 PM)w00t Wrote:  

(11-15-2012 06:21 PM)maccc Wrote:  He has the right mindset, but you can tell he doesn't bang chicks though. He ridicules people who can't wait till Saturday night to go to the bars.

I think you didnt really get his message.
He advocates busting your ass for a couple of years, so you never have to work again and can hang around in bars every night of the week if thats your thing.

I can't help but think that those couple of years will quickly turn into decades... What about your youth then?

Post: #34

I think the most salient point in the book is that people like Suze Orman or Dave Ramsey did not get to be where they are by just following their own advice.

Post: #35

(11-21-2012 01:21 PM)freshcream Wrote:  

(11-21-2012 12:26 PM)w00t Wrote:  

(11-15-2012 06:21 PM)maccc Wrote:  He has the right mindset, but you can tell he doesn't bang chicks though. He ridicules people who can't wait till Saturday night to go to the bars.

I think you didnt really get his message.
He advocates busting your ass for a couple of years, so you never have to work again and can hang around in bars every night of the week if thats your thing.

I can't help but think that those couple of years will quickly turn into decades... What about your youth then?

This is what he calls the slowlane lifestyle (or maybe even sidewalk).

Post: #36

(11-21-2012 01:40 PM)PartyonBro Wrote:  

(11-21-2012 01:21 PM)freshcream Wrote:  

(11-21-2012 12:26 PM)w00t Wrote:  

(11-15-2012 06:21 PM)maccc Wrote:  He has the right mindset, but you can tell he doesn't bang chicks though. He ridicules people who can't wait till Saturday night to go to the bars.

I think you didnt really get his message.
He advocates busting your ass for a couple of years, so you never have to work again and can hang around in bars every night of the week if thats your thing.

I can't help but think that those couple of years will quickly turn into decades... What about your youth then?

This is what he calls the slowlane lifestyle (or maybe even sidewalk).

hehe, since I made that comment I have actually downloaded the book and skimmed through it.

Looks like a very interesting read, and the fastlane is definetely the "only" way to go in his eyes...

Post: #37

How many people here have signed up to use this forum?

Do you recommend paying for membership?

Thanks

Post: #38

I spent a while checking it out, but it seemed too heavily weighted to the 'retail niche items online' type business. So I didn't buy membership.

Post: #39

(11-15-2012 06:21 PM)maccc Wrote:  He has the right mindset, but you can tell he doesn't bang chicks though. He ridicules people who can't wait till Saturday night to go to the bars.

He's kind of on to something there. This coming from a guy whose spent more Saturday nights out than most others - not to mention Tuesdays, Wednesdays, and all the rest.

Many highly successful people hate on people whose sole purpose in life is making it to the Saturday night party. I don't blame them.

(11-21-2012 01:21 PM)freshcream Wrote:  

(11-21-2012 12:26 PM)w00t Wrote:  I think you didnt really get his message.
He advocates busting your ass for a couple of years, so you never have to work again and can hang around in bars every night of the week if thats your thing.

I can't help but think that those couple of years will quickly turn into decades... What about your youth then?

Stay poor and you'll work your life away anyways. Your youth and your later years.

Anyhow, this is largely a mindset book, to be honest, I was very skeptical of the book at first, given what I saw as its entire basis being built on a cheesy metaphor. I changed my mind after digging in.

I think the core idea of Millionaire Fastlane, at least according to what I took from it is this:

You're taking a sprint towards that slim chance of being a multimillionaire (on the high end of multimillionaires) or billionaire because you only live fucking once and it's worth the risk and effort for some people.

And while it's a slim chance, it's far less slim than the "experts" make it out to be, given that the vast majority of the people in the world either don't want to be rich ("wishing" you were rich isn't the same as actually desiring it), will never put out the kind of effort it takes, or are an idiot/loser who hasn't a chance in the world anyhow.

Other criteria that raise your odds include the percentage of the population that is too sick to make such an effort, as well as those who are too old. And there are many other reasons.

Taking into account these people who will never truly try or have no chance significantly increases the odds for someone who wants the fuck out of it, is a clever and hard-working individual, and is willing to do whatever it takes. Felix Dennis says something similar in his book, "How to Be Rich" (in fact, I may be mixing their ideas here a bit - forgive me). And he's no slouch.

Is becoming obscenely rich a long shot? Sure. But more importantly, by committing yourself to this goal and actually trying, even if you don't make it, chances are one of your lofty projects will at least pan out well enough to make you somewhat wealthy and pretty comfortable. Not a bad deal. And at least you'll know you gave it an honest shot.

As the ladyboys of Thailand like to say, "Never try; never know."

Beyond All Seas

"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling

Post: #40

Bought the book yesterday afternoon, about half done with it. Great book. Similar to 4HWW, but more of a generalized view of why you need to think like a "Fastlaner". It provides *why* you should look at the world a different way, as a producer and not a consumer.

One thing that has led me to my current mindset, even before reading this book, is taxes. For instance, I recently posted how I drive for Uber...and even in my middle income tax bracket, I have to figure 25% for uncle sam. Figuring 15.5% of that is social security, I still consider that a tax. The only way to benefit and not pay taxes on all of it, to avoid income taxes and SS, is to own a business, or rather, assets that make money.

It's a great easy read. One thing I liked is you can efficiently skim through more detailed parts and still catch the important ideas you care about.

Edit: Some of the reason you can skim is because he can be repetitive. The book isn't great because of great writing but because of great content. I find this quality refreshing, as you aren't reading someone who made his living writing about this stuff, but doing it.

Post: #41

(11-19-2014 11:43 AM)Atlantic Wrote:  How many people here have signed up to use this forum?

Do you recommend paying for membership?

Thanks

It's really good information for what you pay for. 3 months is the minimum subscription. It really depends how serious you are about starting your own business. You also have to willing to spend 3+ months getting your business of the ground.

There is enough information in the free forums to start your own business or side hustle.

Just off the top of my head, you could probably set up a wordpress website and sell a resume service, similar to what you offered in the oilsands thread.

Post: #42

been on that forum for a while, mostly lurking. Never paid for membership. I never really read the book, just the summary here:

http://booknotes.quora.com/Notes-on-Mill...by-DeMarco

Key is to find something that actually will genuinely help people, then execute it in a scalable, flexible manner. It seems like a common sense book to me, good for a reality check if you get too carried away with something that might be a loosing battle.

Post: #43

(11-20-2014 10:53 AM)heavy Wrote:  recently posted how I drive for Uber...and even in my middle income tax bracket, I have to figure 25% for uncle sam. Figuring 15.5% of that is social security, I still consider that a tax. The only way to benefit and not pay taxes on all of it, to avoid income taxes and SS, is to own a business, or rather, assets that make money.

Driving for uber IS 1099 business income. You can claim any legit business expenses against your income.

Post: #44

The author of TMF actually just came out with an even better book called Unscripted.

I don't have any affiliation with the book. But it's genuinely one of the most red pilled books on business that I've ever read.

Post: #45

The Millionaire Fastlane is one of the worst books I've ever read. It's unfortunate, because on his forum, DeMarco has a lot of good advice that is really credible.

But the book itself is a perfect example of why every book writer needs an editor. There's too much lettuce, not enough meat. Perhaps Unscripted is better, but Millionaire Fastlane was mostly a waste of my time and money.

I lurk, but I haven't paid of membership on his forum. I'm not going to fund the ambitions of a man who besides his one hit wonder (limos.com), has accomplished nothing more than creating a forum for people who want to get rich. The membership fee is affordable to me, but it's steep enough to suggest that DeMarco isn't as rich as he claims to be and he need the money from paid memberships to get where he wants to be.

This isn't to say that he himself has no value, but from what I do see on his forum in the public (non-paid membership) areas, there's a lot of talk and not so much action.

I'll likely attend his next international meet-up, however, as it would probably be great for networking, but beyond that I feel like I'm getting played if I put more dollars in DeMarco's pockets.

If he had decades of one success after another, I might feel differently.

Additionally, his first book is full of bad math.

Post: #46

^ was it just as bad as Rich Dad and Poor Dad?

Post: #47

(06-12-2017 12:09 AM)CleanSlate Wrote:  ^ was it just as bad as Rich Dad and Poor Dad?

I haven't read RDPD, but if it focused mainly on stating the obvious, using unrealistic mathematical models to make important points and was written in shoddy "conversational" English, then I would say yes."

Post: #48

Suits you normally seem like a great contributor, so I'm surprised to see that you have a scarcity mindset.

Your critique of someone charging an appropriate amount of money for a monthly membership fee is a limiting belief.

Why don't you believe that people deserve to be appropriately compensated for their work?

Also, MJ DeMarco sold limos.com twice (sold, re-purchased, sold again), and has likely worked a number of private deals like most HNW men do.

Post: #49

(06-12-2017 12:45 AM)stefpdt Wrote:  Suits you normally seem like a great contributor, so I'm surprised to see that you have a scarcity mindset.

Your critique of someone charging an appropriate amount of money for a monthly membership fee is a limiting belief.

Why don't you believe that people deserve to be appropriately compensated for their work?

Also, MJ DeMarco sold limos.com twice (sold, re-purchased, sold again), and has likely worked a number of private deals like most HNW men do.

Nice to have you on the forum, DeMarco.

Post: #50

Haha.

Yeah, I admire someone who's played the game of life and won.

Hopefully you've sold a company for a few million too. Since that's just about the only way that your comments of him would be relevant.

Aren't you a teacher though?