The Millionaire Fastlane
Build scalable businesses with leverage to create value at scale—not trade time for a paycheck or wait decades on the slow lane.
- Slow lane: go to school, find a job, invest in stock market, 10% a year
- If you wanna keep on getting what you’re getting, keep on doing what you’re doing
- Success is not a 4h work week
- Slow lane is a waste of time
- Get rich slow is a losing game
- Golden age is when you are young and vibrant
- Millionaire are forged by process, events are byproduct
- Process cannot be outsourced, process dawns wisdom and personal growth
Hypothetical raffle:
- Sidewalk: get 10m now, odds1/6000000 chance
- Slow lane: get 500k in 40 years, odds 1/6
- Fast lane: get 10m in 6 years, odds 1/7
Sidewalk (The road most traveled)
- Pleasurable today in leau of a more secure tomorrow
- Instant gratification
- It is the path of least resistance
- Having no financial plan
- Don’t be a sidewalk victim
Slow lane
- Retire old while risking death along the way
- Trading time for money
- Time has no leverage
- Compound interest, requires time
- Using freedom to buy freedom
- Parasitic debt
Fast lane
- Controllable unlimited leverage
- Business, self-employment
- Lifestyle choice
- Rapid wealth creation
- Debt is useful to grow the system
- The moment you stop learning is the moment you stop growing
- Money is everywhere, it reflects the value I created, how many people I have touched
- Net profit + asset value
- Get rich quick ≠ get rich easy
- Different businesses have different speed limits, have to find one that has high potential leverage
- Money doesn’t buy happiness, because its used for consumer pursuit destructive to freedom
- But money used correctly can buy you freedom and happiness
- Happiness stems from good health, freedom, good interrelation
- Say no to instant gratification, its destruction of freedom health and choice
- If you have to think about the price then you can’t afford it
- The more I work the luckier I get
- Being responsible is one thing but being accountable is another
- Don’t assign your control to others
- You can’t be a victim if you don’t hand over control to someone else
- Taking responsibility is the first step, taking accountability is the final
- Many money gurus suffer from paradox practice
- Law of attraction is useless if nothing is done, just sitting wont get things done
- Law of affection is what counts
- Affect millions make millions
- Affection: magnitude and scale