Millionaire Fastlane

Idea to Fastlane: 1) Control your own business, 2) Leverage it (Time is sold for money, this is not Leverage); 3) Hard work doesn’t feel like work, in fact I enjoy it. Felt Rich and happy. 4) Automation and Process—> Money Tree grows money (the money rolls in) –> Fruit bearing money tree that requires only a few hours to flower it.

The book starts with questioning what is the True Wealth?
According to the Author, the True Wealth is not defined by material possession: Money or Stuffs. 3Fs are the fundamental of True Wealth: Family: Relationship, Fitness: Health and Freedom: Happiness.

Normal is the modern day of slavery. Society’s Corrupted Definition of Wealth–> Normal is corrupted.

Misuse Money and Money will Misuse You.

He goes to question: Money can’t buy happiness? Is it true? Used properly, In reality, Money buy freedom which is one fundamental of happiness.

How about taking a few time to review your business: whether it is a right Fastlane Roadmap / Path to Wealth or not?

According to the book titled: “Millionaire Fastlane”, the millionaire right business roadmap toward the WEALTH must follow the “LAW OF AFFECTION” that follow the 5 Commandments:

1. COMMANDMENT OF CONTROL, “C” Commandment
2. COMMANDMENT OF ENTRY, “E” Commandment
3. COMMANDMENT OF NEED, “N” Commandment
4. COMMANDMENT OF TIME, “T” Commandment
5. COMMANDMENT OF SCALE, “S” Commandment

In Summary, it is called, “CENTS” Framework — don’t start a business to pay your bills, start one to set yourself free– both with time and money.

By M.J. DeMarco, the author, there are 3 different maps and paths used by people to achieve financial success. (1) The Sidewalk, (2) The Slow Lane, (3) The Fastlane (Choose Unlimited Controllable Gain (UCG); Have Your Own Business; Transform Your Lifestyle; Choose the Rapid Wealth Creation)

Other wisdoms of the book:
* Wealth is not the Road, it is a journey. That is to say, what is matter is not the final destination, but the whole process of reaching and enjoying it…
* Deem WEALTH as a construction work, as selling many products_ instead of thinking of yourself as a consumer, build the mindset that you are a producer, and always keep it in the foreground.
* Even if you have found a way, but if you never think it right way, it never turn into the Fastlane.
* You can come up with an idea of a good solution that has market potential and can make you rich, however, this will happen only if you move other pieces of the game:
** Project Execution;
** The Marketing;
** The service or consumer service;
** Your Product;
** The ideas.
* Execution is the King; and the ideas are the pawns.
* Burn the business plan; ignite the execution.
* Paulo Vieira, “Enrichment Factor”: the enrichment journey is made up of peaks and valleys, so be prepared and willing not to stop midway_ never give up make you millionaire.
* Lynda Gratton, “The 100 Year Life”: people must move from 3 stages: education, work, and retirement – to a multiple-stage life, that requires flexibility, and change in the way time is used.
* Jill Schlesinger, “The Dump Smart People Do With Their Money”: people should not invest their money in what they don’t know.
* Stop thinking like an employee and at the end of his life will bear the fruits of his efforts.
* Work with purpose and passion to stay motivated regardless of difficulties.
* Wealth does not depend on formulas, but requires beliefs, lifestyle, and the processes that you define.
* Create product Solutions that ensure process automation and income that is not dependent on your workforce.
* Stop planning and execute! Use execution learning to improve planning, creating an efficient and productive cycle.