The Millionaire Fastlane
Things we need to Know about WEALTH
- Fast wealth is created asymmetrically, not linearly.
- Get rich quick != get rich easy
- The slow lane might still get you rich, but slow… perhaps when you are in your 60s and not in your best mobility (not being able to enjoy it).
- Trade time for the money is a trap (it might work, but not the fast lane)
- Money does grow on tree. But you need to BUILD THE MONEY TREE - Does Money Grow on Trees?
- How to get RICH??? Seriously! The Rich Equation
- The Law of Wealth - The Law of Effection
- The body is the vehicle, so take care of it - Change that Dirty, Stale Oil
- About Taking Risk - Intelligent vs Moronic Risks
- Are you sure you are on the fastlane? - CENTS Framework
My notes
- Find the why
- Find the THINGS (service/ products) people need
- Be in the control (in the sense of being able to control the scale and magnitude)
Net Profit = Unit Sold(Scale) x Unit Profit (Magnitude)