Reddit Reddit reviews The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime

We found 5 Reddit comments about The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime. Here are the top ones, ranked by their Reddit score.

Business & Money
Books
Small Business & Entrepreneurship
Entrepreneurship
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
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5 Reddit comments about The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime:

u/chris_ut · 4 pointsr/smallbusiness

Tons of stuff here but I will tackle a few:

  1. The vast majority of businesses get no outside funding and are self funded so start building up your credit limits.
  2. I suggest you take a class in finance because if you can't do a Profit-Loss statement or a balance sheet you are flying blind. You can also take classes in drafting a business plan.
  3. Think bigger. If you start out with a goal just to make enough money to live on what you are really doing is buying yourself a job. You need to build a business that grows and can eventually take on employees.
  4. Wanna be entrepreneurs spend a lot of time worried someone is going to steal their "awesome idea". There are 7 Billion people in the world, many people have had your idea. There is probably someone doing your business somewhere right now. The question is can you provide that product or service better than anyone else, that is the key to success. As soon as you launch and have any market someone can and will copy you so just concentrate on being the best and building a customer base. Never try to compete on having a monopoly unless you have a patent for a unique item and never compete on price unless you have huge economies of scale.

    If you want to go into business for yourself I highly recommend you read these 2 books first:

    The Illusions of Entrepreneurship

    The Millionaire Fastlane
u/organizedfellow · 2 pointsr/Entrepreneur

Here are all the books with amazon links, Alphabetical order :)

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u/acamu5x · 2 pointsr/Entrepreneur

>I'm loyal and I can get work done.

I'm not trying to be a dick, but you've gotta look at it from an outside perspective. What "work" have you done in the past? From the sounds of it, this is your first venture of any kind.

From your other comment :

>Well now that I'm thinking about it I can arms deal ammo and guns

Holy shit hold up. Do you know anything about the regulations that revolve around dealing guns online?

Your target market can't just be "adults." I'm gonna stop there. What I'd suggest you do is take a step back from the "I want to be a millionaire" mindset, and spend some time learning.

I appreciate the hustle, but you're not going to become a millionaire overnight. It's gonna take years of luck, perseverance, and differentiation to get where you want to go- and even that's a stretch. You're competing with literally every other twenty-something out there, and only a handful of us are gonna make it.

I recommend The Millionaire Fastlane to any budding entrepreneur. It'll give you a no-bullshit look at building up a business, without any of that preachy stuff many authors are fond of now. It's the only business book I've ever read, and it's a great first step.

u/Exiatron · 1 pointr/melbourne

Read this book: http://www.amazon.com/Millionaire-Fastlane-Wealth-Lifetime-ebook/dp/B004BDOUAI/ref=sr_1_1?ie=UTF8&qid=1380613408&sr=8-1&keywords=millionaire+fastlane

Then this one: http://www.amazon.com/4-Hour-Work-Week-Anywhere-ebook/dp/B006X0M2TS/ref=sr_1_1?ie=UTF8&qid=1380613398&sr=8-1&keywords=four+hour+work+week

Don't be put off by the titles. These are both excellent books. By this point you're going to struggle to ever want to get a job xD. These books are great overviews that give you a solid mindset shift in what's possible and what's required.

Once you've done that, resources like Mixergy, Smart Passive Income, etc will give you a lot of ideas for different approaches (there are heaps more, find the best and listen to what's relevant to you).

Break what you want to do into sections. You'll need to get clients, sell them the idea, have them pay you and be able to deliver the product. So figure out what you need to do to achieve each of those objectives.

u/zxsteven · 0 pointsr/TheRedPill

Millionaire Fastlane by MJ DeMarco