The Millionaire Fastlane (MJ Demarco) Book Summary | How to Get Rich Fast?
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- Опубликовано: 16 апр 2022
- 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
@@itzvishal9344im 12in Bangladesh
Good for you 😊 @@itzvishal9344
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...
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.
Spoken Like A True Entrepreneur
Yes
Animation is excellent in this video, Please keep on making such informative videos in future also.
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 ..??
I am 14 year old girl..... you literally changed my mindset!!!! 🔥🔥
Let’s talk now 👆👆👆 ✍️✍️
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 👍
ruclips.net/video/KXWmKCZbv58/видео.html
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.
This channel really change my Mindset day by day... Ek thank you so much sir this is God gifted channel for us♥️
Excellent motivational video,,,,,,i had a dream to follow this path and this video truely depicts that.
Hi
the content on this channel is unbelievable....
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
Thanks for helping Indian people to gain financial knowledge. Keep posting more such educational videos
"Beliefs are a powerful mechanism that drives action whether true or not". MJ Demarco
Sir aapke video se bahot bahot motivation milta hai very good sir
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 😛😛😛
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 videos is very effective 👍🏻
THANK YOU SO MUCH FOR THIS WONDERFUL INFORMATION.
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।
I learn a lot from you since 6 months ...thnks bro for your valuable content
Quality content❤️
Bahaut kuch sikhne ke liye mil raha hai❤️
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.
Bro Pls next video apni knowledge ke baare me banao ki aapne itna zyada knowledge kaise gain kiya...❤️
Thank you invest mindset 😊
Bro, please tell me which software you use to make these animated videos 🥺
Just wanted to know which Website/Software you're using to create these Doodle Video?
Now 17+ my age.. Helping video ☺
Thanks for you 🙏
Thank you for back to back videos.
Thanks A lot 🔥
Main ek saal se share market main hu sab apki videos ka yogdan hai 🙏
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
Thanks for sharing valueble Information 👍👍
Kindly make video on FIRED part 2
13:55 to 14:13 is the best touching line .
note that line guys .
ruclips.net/video/KXWmKCZbv58/видео.html
Thank you for such good content😊
Thanks for your valuable information 💕💕
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 🤝💝,
Your channel is also compounding
Thank you sir apke ye video se me bahut kuch sika hu
Wonderful and life changing video
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 📩
Please make a video on the competitive Advantage of nations book 📚 📚📚
Just an amazing video bro. Please make video on dividend reinvesting.
shukriya ❤️
Aap bhot acha kaam kar rhe ho bhai humare jaise upcoming pedhi ko financial education dekar 🛐🔥😘💚
Thank you for giving great knowledge about life.
ruclips.net/video/V3tyyKap8-U/видео.html
This is my favourite channel sir please make one video on best sector for long term investment
Can you make a video on
'How to start a business? '
(Basic) please
PLZ tell which app to use for investing in index funds
Request-
Can you please make a video on pros and cons of index dividend fund and index growth fund, where to invest? Please.
❤️
please make video on dividends reinvesting for 10 to 15 years thank you so much i really appreciate you!
Let’s talk now 👆👆👆 ✍️✍️.
Good information sir 👍.
Thanks Bhai aisi video late rahana Bus itna hi kahana hai aap se 🙏 🙏
Every video is useful video 👍✔️
Please make a video for ,form where a beginner can learn how to invest like whole process..
*Thankyou* 🙂
I am waiting your All video Thanks a lot bro 💰💰💱💱💲💳
Best teacher in my life 😇😇😇
Life cheng karne wali video sir thank you so much sir😊😊 ❤️❤️
Great PPT That's why? I subscribe and Like your video....
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
Thank you for this video bro 😊
Eye Opening VIDEO ❤️❤️
Thank you sir
Kammal video hai yaarr😀
Wow this is amazing video
Thanks for sharing
One of my favourite channel
Sir please make a vidio of cryptocurrency investing, advantages & disadvantages, whether it will be good for crypto future invesment or not, etc.
Very informative video Sir 👍
Like always excellent ☺️☺️☺️
You are best dude❤️
Thanks bro all videos very nice
Bohut accha video bhai
Financial freedom in young age , Very good explain
Hello Bhai bahut badiya video bana hai 👍🤘👍👍👍
Thnk god being a teenager i got this ❤️
Good very useful information thank you sir
*Sir,eagerly Waiting for your Course...Can you tell ...Till when it will be Available?*🙏
ruclips.net/video/KXWmKCZbv58/видео.html
प्रणाम गुरु जी...
Ty bhai 🙏
Great Sir
Sir make a video of financial freedom top 10 books according to you
Great content.
Sir maine apki financial freedom fire strategy wali vdo deki thi usko follow b kar raha hu ..but sir usme kuch daubts h man me jese ki if mai ek index fund me invest krta hu jitna or jitne time k liye jo b mera target h to sir esa kaha jata h k investment diversified honi chahiye...to ek hi fund me pura pesa dalna kya sahi hoga??or dusra sir ap kisi ek perticular index fund jo apko acha lgta ho uska example deke bta skte h k if usme x amount hum x years k liye invest krte h to kitna divident pa skte h monthly taki if usse hi hamara expense nikal jae to hume withdraw krne ki jarurt hi na pde nd sir tax ko dhyan me rakh k vdo banaiyega plz k tax se kese bache ya smartly kese handle krte hue usko financial freedom achieve kare .. it's a request ty 😇
Hello, apni interecik value kaise badaye ??? Is per video banaye ??
Sir ek portfolio per video banaa dijiye
Amazing information
Thank you so much sir ji
Sir please a video on self development and how to make own time valuable
Let’s talk now 👆👆👆 ✍️✍️.
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 RUclips channel and watch his learn 2 invest series
He started from basic
Thank you bhai
Love you sir I am In 20s😊😊❤👍
hay very good video rite❤
Great video sir, I am try my best
Aapka video ka Hamesha Intezar rahata hai aur Aage Bhi rahega bahut hi mindgrow video banate hain sab video dekhta hun