100 Quotes from The Millionaire Fastlane by M.J. DeMarco
I love to read books especially about success, money and self-improvement. THE MILLIONAIRE FASTLANE: Crack the Code To Wealth and Live Rich for a Lifetime is one the best books that I have ever read about financial freedom. This book is filled with wisdom and deep insight. I’m so glad I read it.It was my time well invested.
MJ Demarco not only teaches you how to become very rich very fast but he also teaches many other rules of life.
I have handpicked some pearls of wisdom for you from THE MILLIONAIRE FASTLANE.you will not find many of these quotes anywhere else on web.
Read all the quotes on this page and I assure, You will learn something valuable.These quotes will also give you an idea of how brilliant the book must be.Do read the book if you truly desire to be rich. Its very enjoyable and full of wisdom.
Here are the Quotes:
If the road trip to wealth were easy, wouldn’t everyone be wealthy?
Expect a price to be paid. Expect risk and sacrifice. Expect bumps in the road.
― M.J. DeMarco, The Millionaire Fastlane
Self-made millionaires don’t become millionaires by stumbling into money, just as financial failures don’t become failures by stumbling into poorness. Both are the direct result of the financial roadmap chosen and the actions and beliefs that evolve from that roadmap.
― M.J. DeMarco, The Millionaire Fastlane
Beliefs are powerful mechanisms that drive action, whether true or not.
― M.J. DeMarco, The Millionaire Fastlane
Wealth is not authored by material possessions, money, or “stuff,” but by what I call the three fundamental “F’s”...
1. Family (relationships)
2. Fitness (health)
3. Freedom (choice)
― M.J. DeMarco, The Millionaire Fastlane
Ironically, in my attempt to look wealthy, real wealth slid further away.
― M.J. DeMarco, The Millionaire Fastlane
The irony of looking wealthy is that it is an enemy to real wealth: It destroys freedom, it destroys health, and it destroys relationships.
― M.J. DeMarco, The Millionaire Fastlane
Freedom is a component to wealth and happiness. Those who live freer will be happier. Those who have stronger bonds with their communities and families will be happier. Those with health will be happier.
Society says wealth is “stuff,” and because of this faulty definition, the bridge between wealth and happiness collapses.
― M.J. DeMarco, The Millionaire Fastlane
Used properly, money buys freedom, and freedom is one parcel in the wealth trinity: family, fitness, and freedom.
― M.J. DeMarco, The Millionaire Fastlane
Think about the last time you bought a pack of gum. Did you fret over the price? Probably not.[But]If you buy a boat and resort to mental gymnastics over affordability, YOU CAN’T AFFORD IT. Affordability is when you don’t have to think about it.
― M.J. DeMarco, The Millionaire Fastlane
know what you can and can’t afford. There is nothing wrong with buying boats and Lamborghinis if you can truly afford them.
― M.J. DeMarco, The Millionaire Fastlane
Unfortunately, short-term feel-good is often long-term bad. Instant gratification is a populous plague and its predominant side effects are easily spotted: debt and obesity. Wealth, like health, isn’t easy and is cut from the same fabric. Their processes are identical.
― M.J. DeMarco, The Millionaire Fastlane
If you can’t immunize yourself from the temptations of instant gratification, you’ll be hard pressed to find success in either health or wealth. Both demand a lifestyle shift from short-term thinking (instant gratification) to long-term thinking (delayed gratification).
― M.J. DeMarco, The Millionaire Fastlane
Money, properly used, can buy freedom, which can lead to happiness.
― M.J. DeMarco, The Millionaire Fastlane
Happiness stems from good health, freedom, and strong interpersonal relationships,not necessarily money.
― M.J. DeMarco, The Millionaire Fastlane
To tell a great poker player “you’re lucky” is to hurl an insult.
Likewise, to ascribe luck to a self-made millionaire’s success is to perform the same insult.
― M.J. DeMarco, The Millionaire Fastlane
Take responsibility followed by accountability. Responsibility: It was my fault that my purse was stolen. Accountability: In the future, I will take precautions to ensure it doesn’t happen again.
― M.J. DeMarco, The Millionaire Fastlane
If I’m cold-calling out of the damn phonebook, it won’t be for my boss, but for me.
― M.J. DeMarco, The Millionaire Fastlane
Experience comes from what you do in life, not from what you do in a job. You don’t need a job to get experience.
― M.J. DeMarco, The Millionaire Fastlane
If you don’t control your income, you don’t control your financial plan. If you don’t control your financial plan,you don’t control your freedom.
― M.J. DeMarco, The Millionaire Fastlane
There is neither safety nor security in a job.
― M.J. DeMarco, The Millionaire Fastlane
A job seals your fate into a criminal time trade: five days of life traded for two days of freedom.A job chains you to a set grade of experience. A job takes away your control. A job forces you to work with people you can’t stand. A job forces you to get paid last. A job imposes a dictatorship on your income. These limitations are counter-insurgencies to wealth.
― M.J. DeMarco, The Millionaire Fastlane
Time is your primordial fuel and it should not be traded for money.
― M.J. DeMarco, The Millionaire Fastlane
A preoccupation to become “highly educated” could be a Trojan horse to your freedom.
― M.J. DeMarco, The Millionaire Fastlane
Whether you owe $35,000 for your awesome BMW or for student loans, debt steals freedom.
Many money gurus often suffer from a Paradox of Practice; they teach one wealth equation while getting rich in another. They’re not rich from their own teachings.
―M.J. DeMarco, The Millionaire Fastlane
To assume that you will live a long, healthy life is arrogant. To assume that life won’t throw you any curves is naive.
― M.J. DeMarco, The Millionaire Fastlane
The more I help, the richer I become in time, money, and personal fulfillment.
― M.J. DeMarco, The Millionaire Fastlane
To consume richly, produce richly first. Unfortunately, most people have it backward:consumption and no production. Producers get rich. Consumers get poor. Switch teams and reorient as a producer first, a consumer second. Make wealth attracted to you!
― M.J. DeMarco, The Millionaire Fastlane
Change creates millionaires. Those who observe and take advantage of change will be the new millionaires and billionaires.
― M.J. DeMarco, The Millionaire Fastlane
If you have a passive income that exceeds all your needs and lifestyle expenses including taxes, you’re retired.
― M.J. DeMarco, The Millionaire Fastlane
Savers aren’t losers. Savers are winners because they eventually become lenders. Savers are winners because they become owners in companies. Savers are winners because they become producers and build assets.
Impact millions and make millions. It doesn’t get any simpler than that!
― M.J. DeMarco, The Millionaire Fastlane
Poor choices are the leading cause of poorness.
― M.J. DeMarco, The Millionaire Fastlane
If you aren’t where you want to be, the problem is your choices. Your circumstances are the symptoms of those choices.
― M.J. DeMarco, The Millionaire Fastlane
If you’re dissatisfied with life, your choices take full responsibility. Blame yourself and the choices you’ve made. Yes, you are as you have chosen.
― M.J. DeMarco, The Millionaire Fastlane
People drown in the misery of their own choices while neglecting to acknowledge they are the cause.
― M.J. DeMarco, The Millionaire Fastlane
If you reflect on your choices, you make them in an instant, yet their consequences transcend a lifetime, especially ones made early in life.
― M.J. DeMarco, The Millionaire Fastlane
Whatever you decide today impacts tomorrow, weeks, months, years, decades, and yes, generations.
― M.J. DeMarco, The Millionaire Fastlane
If you want extraordinary results, you’re going to need extraordinary thinking.
― M.J. DeMarco, The Millionaire Fastlane
Just because you flipped burgers three hours ago doesn’t mean you can’t be a millionaire next year.
― M.J. DeMarco, The Millionaire Fastlane
Extraordinary wealth will require you to have extraordinary beliefs.
― M.J. DeMarco, The Millionaire Fastlane
People are like roads—they can either bring opportunity or distress into your life. The quality of these roads solely depends on the quality of the person.
― M.J. DeMarco, The Millionaire Fastlane
Toxic relationships drain energy and detract from your goals to be extraordinary.
― M.J. DeMarco, The Millionaire Fastlane
Value your time poorly and you will be poor.
― M.J. DeMarco, The Millionaire Fastlane
When life sucks, escapes are sought. I don’t need television because I invested my time into a real life worth living, not a fictitious escape that airs every Tuesday night at 8 p.m.
― M.J. DeMarco, The Millionaire Fastlane
Once your time is gone, you’re dead. And when your clock ceases to tick, no amount of cash will save you from the end.
― M.J. DeMarco, The Millionaire Fastlane
If the cookies don’t get into the grocery cart, they don’t get home. And if they don’t get home, they don’t get in my mouth. And if they don’t get in my mouth, they don’t transform into belly fat.
― M.J. DeMarco, The Millionaire Fastlane
The ultimate wealth is having the free time to live how you want to live.
― M.J. DeMarco, The Millionaire Fastlane
Behind the tangled roots of poorness, you will find a poor valuation of free time, which breeds from bad choices.
― M.J. DeMarco, The Millionaire Fastlane
Face it. What you know today is not enough to get you where you need to be tomorrow. You must constantly reinvent yourself, and reinvention is education.
To cease learning at graduation is wealth suicide.
― M.J. DeMarco, The Millionaire Fastlane
Education, your oil, is a critical component to your wealth road trip. When you continually inject yourself with new education, new skills, and new competencies, new roads open and things run smoothly.
― M.J. DeMarco, The Millionaire Fastlane
You learn from engagement,from doing, and from getting out and taking repeated action, more so than from any book or professor.
― M.J. DeMarco, The Millionaire Fastlane
You have the innate power to become an expert at anything not requiring physical talent.
Anything!
― M.J. DeMarco, The Millionaire Fastlane
Skills and expertise are waiting just for you. No one drops a book on your lap and gifts knowledge. You have to seek it, process it, and then use it. The acquisition and application of knowledge will make you rich.
― M.J. DeMarco, The Millionaire Fastlane
If you avoid failure you will also avoid success.
― M.J. DeMarco, The Millionaire Fastlane
It is easier to live in regret of failure than in regret of never trying.
― M.J. DeMarco, The Millionaire Fastlane
Opportunity drives through your neighborhood frequently, and when it does, you have to grab that bitch.
― M.J. DeMarco, The Millionaire Fastlane
Hard work and commitment separates the winners from the losers.
― M.J. DeMarco, The Millionaire Fastlane
To live unlike everyone else, you have to do what everyone else won’t.
― M.J. DeMarco, The Millionaire Fastlane
Want to make big bucks? Then start attracting money instead of chasing it. Money is like a mischievous cat; if you chase it around the neighborhood, it eludes you. It hides up a tree,behind the rose bush, or in the garden. However, if you ignore it and focus on what attracts the cat, it comes to you and sits in your lap.
― M.J. DeMarco, The Millionaire Fastlane
Money isn’t attracted to selfish people. It is attracted to businesses that solve problems. It’s attracted to people who fill needs and add value. Solve needs massively and money massively attracts.
― M.J. DeMarco, The Millionaire Fastlane
You can’t experience success without failure.
― M.J. DeMarco, The Millionaire Fastlane
The amount of money in your life is merely a reflection to the amount of value you have given to others.
― M.J. DeMarco, The Millionaire Fastlane
Failure is natural to success. Expect it and learn from it.
― M.J. DeMarco, The Millionaire Fastlane
Businesses that solve needs win.
Businesses that provide value win.
Businesses that solve problems win profits.
If you are forced to do anything, even something you purport to love, in exchange for a paycheck, that love is put in danger.
― M.J. DeMarco, The Millionaire Fastlane
Ninety percent of all new businesses fail because they are based on selfish internal needs, not external market needs.
― M.J. DeMarco, The Millionaire Fastlane
No one cares about your selfish desires for dreams or money; people only want to know what your business can do for them.
― M.J. DeMarco, The Millionaire Fastlane
If you can’t control every aspect of your company, you’re not driving! And if you can’t drive, you set yourself up for sudden, unexpected crashes.
― M.J. DeMarco, The Millionaire Fastlane
Starting a business is a big decision. Treat it with cursory interest, and your business resembles a hobby. And businesses that are run like hobbies pay like hobbies.
― M.J. DeMarco, The Millionaire Fastlane
Manufacture is one tiny battle in a larger war. Distribution is where the war is won. A great product is worthless if it doesn’t get into the hands of people, and that requires distribution.
― M.J. DeMarco, The Millionaire Fastlane
Some of the greatest books in the world go unread, while the mediocre stuff sells millions. The difference lies in marketing, public relations, and just good old-fashioned business know-how.Writing a book is not a business; selling the book is.
― M.J. DeMarco, The Millionaire Fastlane
Failures that drive you into new directions are often the most productive forces for invention.The heart pacemaker, microwave ovens, penicillin, and vulcanized rubber are all inventions that are the profound results of failures and accidents. Failure cracked the road open, and in that failure, the inventors had the fortitude to recognize it.
― M.J. DeMarco, The Millionaire Fastlane
The world’s most successful entrepreneurs didn’t have a blockbuster ideas; they just took existing concepts and made them better, or exposed them to more people.
― M.J. DeMarco, The Millionaire Fastlane
Freedom has a price, and that price is money. Big dreams, from materialistic Ferraris to altruistic nonprofit foundations, cost money. You can’t travel the world by swimming in the oceans. You have to pay your way, and if you think money is evil, you’ve already lost.
― M.J. DeMarco, The Millionaire Fastlane
Money doesn’t change people; it just makes them more of what they already are.
― M.J. DeMarco, The Millionaire Fastlane
No matter how big or small, dreams have a price, and that price is money, responsibility,
accountability, and commitment.
― M.J. DeMarco, The Millionaire Fastlane
Financial illiteracy exposes you to risk, and in the worst case scenario, fraud. Bernard Madoff’s investment fund defrauded thousands, and billions were lost, but what’s more shocking is that the whistle was blown years before. You see, when you are financially illiterate, you are deaf,and when you are deaf, you can’t hear the whistle.
― M.J. DeMarco, The Millionaire Fastlane
Ideas are nothing but neurological flatulence.
― M.J. DeMarco, The Millionaire Fastlane
He who thinks the idea owns nothing. He who executes the idea owns everything.
― M.J. DeMarco, The Millionaire Fastlane
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