The Millionaire Fastlane
Ratings16
Average rating4.2
15
Ratings16
Average rating4.2
Featured Prompt
1,973 booksWhen you think back on every book you've ever read, what are some of your favorites? These can be from any time of your life – books that resonated with you as a kid, ones that shaped your personal...
Reviews with the most likes.
A must-read. Contains actionable advice for people who want to start a business that will supplement or even replace their core source of income (trading time for money).
Top 3 Takeaways -
1. The money that you will make in business will correspond to how much VALUE you provide to your customer, who is in great need of your service.
2. You don't need to reinvent the wheel or make a huge breakthrough. Just identify pain-points that abound everywhere, and DELIVER the existing services with better customer service or more convenience.
3. Making money in a business - either sell your product/service at a high cost to few customers (magnitude), or at a low cost to many customers (scale).
Really inspiring book! I read it after a recommendation and it shifted my thoughts about money and financial independence. I listened to the audiobook but I’m after a summary to get only the key takeaways to refer to later as the author sometimes keeps beating around the bush comparing the types of mindsets. MJ is clearly a “I love cars” kind of guy and is always referring to cars to illustrate his points, which personally I think is kind of dull, but if you can ignore that it could give you some good insights.
