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The Millionaire Fastlane

Crack the Code to Wealth and Live Rich for a Lifetime
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( 22,358 ratings, 1,740 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Millionaire Fastlane by MJ DeMarco explores unconventional financial wisdom and strategies with a focus on creating wealth quickly rather than adhering to traditional slow-lane methods like saving and frugality. It emphasises entrepreneurial ventures and leveraging the power of business systems to achieve financial independence. The book encourages readers to break free from limiting beliefs and pursue financial freedom on their terms.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might like this book if you're looking for unconventional insights into wealth-building and financial independence. It offers a playbook for those interested in escaping the slow lane of traditional financial advice and accelerating towards a millionaire lifestyle through entrepreneurship and smart investment strategies. If you're ambitious and eager to challenge the status quo on wealth creation, this read could be particularly inspiring.

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The Millionaire Fastlane

The international best-seller by MJ DeMarco has sold over 1,000,000 copies worldwide and has been translated in over 25 languages -- the entrepreneurial bible that is revolutionizing business, personal finance, lifestyle, and success!

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

In The Millionaire Fastlane, author MJ DeMarco invites readers to shift gears from the conventional approach to wealth accumulation to a more dynamic pathway that promises not only financial independence but also personal freedom. This revolutionary guide challenges the dogma of the "Slowlane," which champions a lifetime of frugal living and labour in the hopes of achieving wealth in the golden years. DeMarco critiques the traditional financial advice that encourages individuals to: attend school, get a stable job, pinch pennies, invest in the stock market, and eventually retire at the age of 65. He argues that this approach is fraught with risks, uncertainty, and a crippling reliance on unpredictable external market forces.

This eye-opening book proposes an alternative route—the "Fastlane"—which emphasises leveraging entrepreneurial ventures, embracing innovation, and capitalising on the potential for explosive growth. By viewing wealth building through this lens, DeMarco provides insights into how young, significant wealth can be achieved. He dismantles myths sold by mainstream financial "gurus," exposing why strategies like pursuing passion without practicality and over-relying on compound interest can lead to financial stagnation rather than success.

DeMarco presents a fresh perspective that reveals why traditional employment models and retirement savings plans might never deliver the early financial freedom many desire. Instead, he explores actionable strategies that allow entrepreneurs to stack the odds in their favour. Readers will discover powerful principles such as the crucial role of leverage in wealth creation, transforming mindset adjustments that combat poverty, and real-life examples of how the wealthy have truly amassed fortunes without relying on a typical paycheck or pension plan.

The book is brimming with over 250 insights and actionable distinctions that range from debunking get-rich-slow schemes to outlining how true wealth can be pursued through calculated risks and strategic decisions. With its compelling arguments and inspirational approach, The Millionaire Fastlane promises not just a blueprint for wealth, but a foundational change in the way readers perceive and achieve financial success in their lives.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

The Millionaire Fastlane by MJ DeMarco is praised for its insights into wealth creation beyond conventional advice, emphasising entrepreneurship and unconventional thinking. Many readers find it an eye-opener, appreciating DeMarco's straightforward approach and actionable strategies. Some reviewers, however, note the author's style as brash or confrontational, which may not appeal to everyone.

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Book Details

INFORMATION

ISBN: 9780984358106

Publisher: Viperion Corporation

Format: Paperback / softback

Date Published: 04 December 2011

Country: United Kingdom

Imprint: Viperion Corporation

Edition: 2nd Anniversary ed.

Illustration: black & white illustrations

Audience: General / adult

DIMENSIONS

Spine width: 17.0mm

Width: 152.0mm

Height: 229.0mm

Weight: 454g

Pages: 338

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About the Author

Former founder and CEO of Limos.com, multimillionaire entrepreneur, author, and the revolutionary "get rich slow" anti-guru, MJ DeMarco not long ago lived with his mother, mopped floors, and sought the dream like so many others-the dream to live free from bosses, free from 9-to-5 jobs and alarm clocks, and free from a life of mediocrity. Through rigorous years of self-study, countless errors and failures, MJ cracked the code to wealth and shockingly discovered that it had nothing to do with jobs, 401(k)s, mutual funds, or penny-pinching your life away for forty years. By rejecting society's preordained "settle-for-less" financial roadmap, MJ was able to retire young-in his thirties-without sacrificing lifestyle. (Yes, he drinks Starbucks coffee, drives exotic cars, and hasn't canceled the movie channels.) He lives in beautiful Phoenix, Arizona, and enjoys traveling, dining, writing, softball, fitness, working out, and obviously has a fanatical passion for the Lamborghini marquee.

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