Ep. 20 - "The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime" by M. J. DeMarco

Welcome to Founder's Ascent. In this podcast, we will explore self improvement, success, and motivation through the stories of Founders. These Founders are not just entrepreneurs who created startups that became successful businesses, but those who founded a new lifestyle, purpose, or mindset that allow them to pursue success, money, and/or fame without sacrificing health or happiness. The journeys of athletes, innovators, philosophers, and creators will inspire discussion between our co-hosts and guests who share their ideas on life. Feel free to Subscribe to get our next episode which airs every Tuesday at 12pm CST.

Email foundersascent@gmail.com for all business inquiries (including sponsorship, collaboration, and being a part of our next discussion)

ABOUT THE AUTHOR:
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 9-5 jobs, and free from life mediocrity. Through rigorous years of self-study, countless errors and failures, MJ uncovered the real essence of wealth, dreams, and was able to retire YOUNG in his thirties without sacrificing lifestyle. (Yes, he drinks Starbucks coffee, drives exotic cars, and rarely clips coupons! OMG!) He lives in beautiful Alpine Utah and enjoys traveling, dining, writing, softball, working out and obviously, has a fanatical passion for the Lamborghini marquee. Rumor has it, he doesn’t own a suit, nor a tie.

ABOUT THE BOOK:
Has the "settle-for-less" financial plan become your plan for wealth? That sounds something like this:

Graduate from college, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks mocha lattes, save and penny-pinch your life away, trust your life-savings to Wall Street, and one day, when you are oh, say, 65 years old, you can retire rich.

Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This soul-sucking, dream-stealing dogma is "The Slowlane" - an impotent FINANCIAL GAMBLE that dubiously promises wealth in a wheelchair.

Accept the Slowlane as your financial roadmap and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can get a job and keep it, HOPE the stock market doesn't tank, HOPE for a robust economy, HOPE, HOPE, and HOPE. Is HOPE really the centerpiece of your family's financial plan?

Drive the Slowlane and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don't want a lifetime subscription to mediocrity, there is an alternative; an expressway to extraordinary wealth capable of burning a trail to financial freedom faster than any road out there. And shockingly, this road has nothing to do with jobs, 401(k), mutual funds, or a lifestyle of miserly living and 190 square foot tiny houses. Just some of what you will learn:

Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young.
Why most entrepreneurs fail and how to immediately put the odds in your favor.
The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you.
The leading cause of poorness: Change this and you change everything.
How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match.
The mathematics of wealth and how any "Joe Schmo" can tap into real wealth real fast.
Why the guru's sacred deities - compound interest and indexed funds - are impotent wealth accelerators.
Why popular guru platitudes like "do what you love" and "follow your passion" will most likely keep you poor, not rich.
And 250+ more poverty busting distinctions...

Demand more. Change lanes and find your explosive wealth accelerator...

Chapters:
00:00 Introduction
01:20 Why the Fastlane?
10:22 Components of a Startup
17:14 Providing Value
29:47 Unique Company ideas
36:20 Copying Ideas
45:21 Key Takeaways
49:15 Thank You!

Learn How to Become an Entrepreneur
Learn How to Build Wealth
Learn How to Make Money
Learn How to Get Rich
Learn How to Earn Money While You Sleep
Learn How to Live a Life You Love
Learn What is Accountability in Business
Learn What is Specific Knowledge
Learn What is Leverage
Learn How to Use Code to Get Rich
Learn How to Use Media to Get Rich
Learn How to Use Capital to Get Rich
Learn How to Use Labor to Get Rich
Learn How to Invest
Learn How to Think About Business
Learn How to Start a Business
Learn How to Become Successful
Learn How to Accomplish Your Goals
Learn How to Become Financially Free
Learn How to Coding can Make You Rich
Learn How to Get Rich FAST