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Author: M.J. DeMarco

Narrator: Ryan

Format: MP3

IBSN: 9780984358106

Language: English

Publish Date: 08/11/2010

Audiobook length: 31 min

Contents

Chapter 1Overview
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Chapter 2Why the “Get Rich Slow” philosophy is unreliable?
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Chapter 3What is the Fastlane?
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Chapter 4How can we switch lanes and achieve financial freedom?
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Chapter 5Summary & Review
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Why listen to The Millionaire Fastlane

Listening to the summary audiobook of "The Millionaire Fastlane" by M.J. DeMarco offers a concise and impactful insight into unconventional wealth-building strategies that challenge traditional notions of financial success. Through engaging anecdotes and clear principles, DeMarco emphasizes the importance of entrepreneurship, speed, and leveraging resources to create financial freedom. This summary provides essential takeaways for anyone looking to break free from the typical 9-to-5 grind, empowering listeners to adopt a mindset geared towards wealth creation in a straightforward and actionable way.

Author : M.J. DeMarco

MJ DeMarco, the author of The Millionaire Fastlane, is an American celebrity with multiple identities. He is an entrepreneur, investor, and writer. For a long time after graduating college, he struggled with sustaining his lifestyle. After years of failures, he came to Phoenix with only $900, and proceeded to build a high-end automobile rental service website. This allowed him to accumulate wealth quickly. He earned his first million at the age of 31, and achieved financial freedom by 37. MJ DeMarco reviewed his journey to fortune, and wrote down his insights into joining the Millionaire Fastlane in this book.

Key Insights from The Millionaire Fastlane

  • The book emphasizes that traditional paths to wealth, such as saving and investing over decades, are often too slow and ineffective. Instead, DeMarco advocates for creating value through entrepreneurship to achieve rapid financial success.
  • DeMarco introduces the 'Fastlane' concept, which involves leveraging your time and resources to build scalable businesses rather than trading time for money. He stresses that true wealth comes from owning a business that generates passive income, allowing one to live life on their own terms.
  • A key principle discussed is the importance of control in wealth creation; relying on external factors like jobs or the stock market limits your financial potential. The author encourages readers to take ownership of their financial destiny by developing their own business ideas and fostering innovative solutions.
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Brief In, Brilliance Out

Contact: buildlearn.bk@gmail.com