The Millionaire Fastlane (MJ Demarco) Book Summary | How to Get Rich Fast?
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- čas přidán 9. 09. 2024
- How to Get Rich Fast? Millionaire Fastlane (MJ Demarco) Book Summary in Hindi
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How to Get rich fast in India? How to achieve financial freedom quickly and fast? This is one question that is most often asked. So today, we're going to answer that question with the help of this book - The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!
This is one of the best book on personal finance, investing and financial freedom. It teaches you how to get rich quickly and fast step by step.
This book, The Millionaire Fastlane points out what’s wrong with the old get a degree, get a job, work hard, retire rich model, defines wealth in a new way, and shows you the path to retiring young.
Ironically, this is not a get-rich-quick book. To the contrary, it’s approach is very stoic. Ever since seeing a guy with a legendary Lamborghini Countach, MJ DeMarco knew he wanted to live a rich life.
What he didn’t want is to get a degree, work 40 years, save every penny, retire and then, eventually, be able to drive his Lamborghini at 70 years old.
The Millionaire Fastlane is his story of how he managed to retire at 33, a multi-millionaire.
Here are 3 of the things you can learn from it:
Wealth stands for 3 things, but none of them is money.
At some point, you must make your income independent of your time.
Think like a producer, not like a consumer.
To make your income independent from your time, you have to unlink it from the hours you put into work. This doesn’t have to happen in one go where you become an “overnight success”, but can be a gradual process.
For example J.K. Rowling put in years of time before publishing even the first Harry Potter book, but with each new book she continued to receive royalties, increasing her income without her having to put in more time, since that book was finished.
The truth is, even the most miraculous exits, where 15-year olds sell their app to Yahoo for millions, require years of work and very often the company owners have already become rich in the process.
The fastlane might be fast, but it’s not a shortcut. There are no shortcuts. You have to build a great product or company that starts to produce passive income, even when you’re sleeping.
This one speaks right from my soul. Stop consuming, and start creating!
DeMarco says the only way to build a business is to think like a producer. We’re all conditioned to consume from an early age. Watch ads on TV, buy toys, buy food, buy clothes.
It’s no different with information - we’re bombarded with tweets, images, articles and podcasts. But when you spend all your time consuming, when are you going to start creating?
So stop throwing money at another pair of shoes or skincare product, and instead, switch into producer mode.
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Please make a video on the competitive Advantage of nations book 📚 📚📚
financial freedom achieve karne ka sabse bada Khushi yah hai ki tum khud ke sath sath bahut jaruratmand logon ki madad kar sakte ho unki chehre ka ek muskan ka reason ban sakte ho .. agar yah motivation hoga financial freedom achieve karne ka Inshallah ek din jarur achieve karoge..❤️
But bro main cryptocurrency main investment karta hu, share market se jada risk h but profit utni hi jada hai🙏🙏
@@avisheksarkar2564 mujhe crypto invest karne logic e samaj nahi ata
I'm 20 years old and I decided to change my mindset now. Thanks sir for open my eyes 👍😍
Aur mera mindset Hamesha se changed tha 🙂and I'm 16 now
@@quartzvishalim 12in Bangladesh
Good for you 😊 @@quartzvishal
I am 17 & just finished my 11th exams.
I took 52k from dad & invested it in stocks 3 months before.
Now it's value is 83k.
Planning to invest further.
Ur videos helped me alot.
Thanks ❤️
Bro same here....but the capital is small.....
Good of both
Bro same I am gonna give 11 but my capital is also small ☹️
How your dad gave you ₹52k ? Dad ko dar nhi laga?
Very good our young generation learn and apply
I am 15 year's old and finding a friend online that is of my type of mindset to grow together i want to be a millionaire...
Same here.ham dono dost ban sakte h ..
@@billionaireakashsharma1046 bhai mai ab college mai aa chuka hu ye bachpana chhor diya hai tu bhi chhor dega jldi hi 😂
Spoken Like A True Entrepreneur
Yes
it is much easier for other top notch investors to surpass market obstacles and make millions in a short period of time, I'd really appreciate more clues and strategies to making huge profit in the short term.
The average investor buys or holds for long term to make gains when market go up, In a situation where you're after short term profit, it is best to get in touch with a broker or investment consultant to guide you trade, I reached out to a broker during the pandemic and that is how I was able to raise a profit of $290K within 5months.
@@clarencevutt3174 Cool profit. congrats.
I am 14 year old girl..... you literally changed my mindset!!!! 🔥🔥
Let’s talk now 👆👆👆 ✍️✍️
Animation is excellent in this video, Please keep on making such informative videos in future also.
I was started investing in stocks june 2020 ( lockdown ) , 2 -3 months i buy - sell , buy - sell stocks and happy with lil profit . 1 day i watch ur video , i m very impresed with ur contend and watch more & more ur videos . And u will change my mindset from buy - sell investing to , investing and long term investing. Today its easy to find and buy good stock. But be with it is more important. A multibagger stock is also outcome of multipal time. Thanks for guideing and lots of love from kota rajasthan 👍
czcams.com/video/KXWmKCZbv58/video.html
This channel really change my Mindset day by day... Ek thank you so much sir this is God gifted channel for us♥️
the content on this channel is unbelievable....
Excellent motivational video,,,,,,i had a dream to follow this path and this video truely depicts that.
Hi
i have started investing my 50% income on good devident stocks from last year,i started through watching ur video...thank you so much for ur help to be a financial freedom......from nepal...thanks brother.....🥰🥰🥰
So brother how much you earn from there approx ????!??!!
Investing in which stock ..??
Maine bhut Si Investing ki Book summary dekhi hai lekin ye The Fastlane Millionaire book kabhi smjh nhi aai lekin aapne bhut Ache se Smjhaya Thankyou Sir
Quality content❤️
AS THE ECONOMY CRISIS KEEP RISING, ONE NEEDS TO HAVE DIFFERENT STREAMS OF INCOMES, A WELL DETAILED DIVERSIFIED INVESTMENT PORTFOLIO IN THE FINANCIAL MARKETS IS NEEDED TO SURVIVE, AS WELL AS SECURE A PROFITABLE INVESTMENT FOR THE FUTURE👌
INVESTMENT IS THAT TINY LINE THAT SEPARATES THE RICH FROM THE POOR💯
Wow, amazing to see others who trade with Mrs. Theresa I'm currently on my 10th trade with her and my portfolio has increased tremendously.
No doubt Expert theresa Trading Services is very good, I invested $5,000 and cashed out $14,700 after 3 weeks. I still wonder how she gets her analysis
Wow! That sounds really interesting, please how do I contact her?
Hello 👋👋anyone there.
I am 13 years old and invested 1000 rupees
In stock market
Kaha pe vaii
Where bro
Where are you invest your money bro
Very nice brother ❤
Bhai apne bare me batao ki aap kya kya karte ho apni education ke bare me , main aapka video tab se dekh raha hu jab 10 k se bhi kam subscriber the aapke usi samay mujhe pura bharosha ho gaya tha ki ye banda bahut aage jane wala hai. kyoki aapke content me shuru se hi utna dum tha. Please bro apne bare me batao.🙏🙏🙏🙏
Your channel is also compounding
"Beliefs are a powerful mechanism that drives action whether true or not". MJ Demarco
Thanks for helping Indian people to gain financial knowledge. Keep posting more such educational videos
Hi, can you make video on the which shares are good to invest, one from each sector like 1 from fmcg and 1 from technology like this. Also, you can mentioned you are not advising to invest you are just telling which are the good once’s as per you. So that no one blames you in future in any case 😛😛😛
Bro Pls next video apni knowledge ke baare me banao ki aapne itna zyada knowledge kaise gain kiya...❤️
Kammal video hai yaarr😀
ये सब मोह माया है। किस्मत जहाँतक लेकर् जायेगी वहा तक हि जाओगे। कितनी भी उछलकूद करलो।
Yes
सौ बात की एक बात
I learn a lot from you since 6 months ...thnks bro for your valuable content
Sir aapke video se bahot bahot motivation milta hai very good sir
Bro, please tell me which software you use to make these animated videos 🥺
वक्त से लड़कर जो नसीब बदल दे,
इंसान वही जो अपनी तकदीर बदल दे,
कल क्या होगा कभी मत सोचो,
क्या पता कल वक्त खुद अपनी तस्वीर बदल ले।
After watching your all video i realize that what's actually i miss out and that knowledge change my way of thinking in terms of money management and financial freedom journey.you are uploading such a great content video keep doing.Thanks a lot...........
Glad to hear that
Please make video on CAN SLIM Method of Investing
Let’s talk now 👆👆👆 ✍️✍️.
Thank you invest mindset 😊
Your videos is very effective 👍🏻
Hello, thanks for all your content till date. I'm continuously following you. One question I have, could you make a video on " we buy any item or if we get any service we pay GST. How we can get exempt of this paid GST amount from taxable income". Thanks in advance.
This is my favourite channel sir please make one video on best sector for long term investment
Life changing video hai all
THANK YOU SO MUCH FOR THIS WONDERFUL INFORMATION.
Love you sir I am In 20s😊😊❤👍
Sir mai apke sabhi video dekh chuka hu aap bahut achhhe video banate hai aur maine apni 20 me hi investing start kr di thi
Sir please make next video on how to do fundamental analysis of company in Indian stock market.
You always gave valuable content Thankyou so much sir.
HelpLine☝️☝️🚀🚀,,,,
Thanks for watching 📩
Now 17+ my age.. Helping video ☺
Main ek saal se share market main hu sab apki videos ka yogdan hai 🙏
I subscribed your channel 😍
Request-
Can you please make a video on pros and cons of index dividend fund and index growth fund, where to invest? Please.
❤️
Thank you sir for the precious knowledge of finance. You are doing a great job, you are a great man and inspiration for us!
कृपया यह स्पष्ट करने की कृपा करे कि *क्या सरकारी कर्मचारी शेयर खरीद बेच सकते है?* बहुत डाउट है कृपया इस टॉपिक पर एक वीडियो जरूर बनाए!
Long term investments
Online earning 💵💸 ke liye mujhe contact kre affiliate marketing..
Aap bhot acha kaam kar rhe ho bhai humare jaise upcoming pedhi ko financial education dekar 🛐🔥😘💚
Sir ek portfolio per video banaa dijiye
I am currently 14 And I Started Investment;) Cuz I Changed My MindSet 💕
13:55 to 14:13 is the best touching line .
note that line guys .
czcams.com/video/KXWmKCZbv58/video.html
Speech k sath sath ek light sound music hone se atcha lagta
Let’s talk now 👆👆👆 ✍️✍️
Thank you bhai
One of my favourite channel
please make video on dividends reinvesting for 10 to 15 years thank you so much i really appreciate you!
Let’s talk now 👆👆👆 ✍️✍️.
Best teacher in my life 😇😇😇
Very informative video Sir 👍
Just wanted to know which Website/Software you're using to create these Doodle Video?
Good information sir 👍.
Last advice was very good.....
Let’s talk now 👆👆👆 ✍️✍️
Thank you so much sir
If I achieve financial freedom, the credit only goes to you. I appreciate your help. The best financial advisor.
Best video 🙏
Sahi hai👍
Aapka video ka Hamesha Intezar rahata hai aur Aage Bhi rahega bahut hi mindgrow video banate hain sab video dekhta hun
Nice information bhai 👍👍👍👍👍👍👍👍👍👍👍👍👍👍☕
You are Awesome buddy I watch all of your videos ✅✅💞
There are some spelling mistakes,try to ignore
Just an advice from your younger brother 🤝💝,
Bohut accha video bhai
Please make a video for ,form where a beginner can learn how to invest like whole process..
Very important information for youngster ✌✌✌
Let’s talk now 👆👆👆 ✍️✍️
Nice video sar🙏🙏🙏🙏 jee
Let’s talk now 👆👆👆 ✍️✍️
Just an amazing video bro. Please make video on dividend reinvesting.
Sir please a video on self development and how to make own time valuable
Let’s talk now 👆👆👆 ✍️✍️.
*Sir,eagerly Waiting for your Course...Can you tell ...Till when it will be Available?*🙏
czcams.com/video/KXWmKCZbv58/video.html
Great video sir, I am try my best
Sahi baat
Let’s talk now 👆👆👆 ✍️✍️
Good very useful information thank you sir
Very inspiring me this channel 2022👏
Target 2035 financial freedom achieve start way journey...
Let’s talk now 👆👆👆 ✍️✍️
Thankyou
Bhai US Stockbhai US Stock ko kahan analyse Karen kis site per use per video Lekar aao
Jyada time dene nahin time ki value sikho yah line Dil Ko chhu Gaya please ek video bnao yah order nahin hai request hai yah hum sab jhukega nahin
Thank you for this video bro 😊
Thank you sir apke ye video se me bahut kuch sika hu
Sir me ab 18+ me hu
West Bengal se... gaon ka ladka mujhe jyada knowledge nahin hai..! aapka thoda bahut video Maine dekh chuka hun...unse to main motivate Ho Gaya Hun stock market mein ghusne ke liye...but sir mujhe company analyse karna nahin aata hai aur sip, pe retio,portfolio yah sab acchi tarah se samajh mein nahin aata he sir ismein kuchh detail video aap bana doge to bahut achcha hoga...!
Sir i love you..you are great ❤️
Thanks to motivation ❤️💪
Hello go to vivek bajaj CZcams channel and watch his learn 2 invest series
He started from basic
Financial freedom in young age , Very good explain
Thanks sir इतनी मेहनत करके फ्री में ज्ञान बांटने के लिए ❤ 07/04/2024
I started my stock market i have a gole of being rich tq sir
Investing !!!
I like this video and good video creating
I am 12 years old
Take knowledge now then further implement it best of luck 🍀
wow
Thanks
Start investing, you are already two years late. Warren Buffett started investing at 10 years of age.
Hello sir thanks for making such a very knowledgeable videos.
Sir please tell me which software are u use for making this type of animation videos?
czcams.com/video/KXWmKCZbv58/video.html
Bahaut kuch sikhne ke liye mil raha hai❤️
SIR PLZ MAKE VIDEO ON HOW TO START START-UP
Let’s talk now 👆👆👆 ✍️✍️
Are bhai koi reply to karo😡😠
Thank you sir
Can you make a video on
'How to start a business? '
(Basic) please
shukriya ❤️
Thnk god being a teenager i got this ❤️
Thanks for sharing valueble Information 👍👍
Kindly make video on FIRED part 2
*Thankyou* 🙂
Thanks ❤️❤️
Investment learning
Thank you so much sir ji