The Millionaire Fastlane by M.J. DeMarco
Authors: M.J. DeMarco
Tags: General, Business & Economics, Entrepreneurship, Personal Finance, Motivational, New Business Enterprises
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mistakes, failures, and triumphs. Reflect on your choices. Are you in a situation because you delivered yourself there? Did you error in the process? Were you lazy? Most bad situations are consequences of bad choices. Own them and you own your life. No one can steer you off course, because you are in the driver's seat.
And when you own your decisions, something miraculous happens. Failure doesn't become the badge of victimhood- it becomes wisdom . Deny accountability and responsibility and the keys of your life are given to someone else. In other words, take the damn driver's seat to your life!
You Deserve! You Deserve! You Deserve!
The other day I heard successive radio commercials that were utterly disturbing. You don't need to be a nuclear physicist to know their target … Sidewalking victims.
The first commercial was for a mortgage loan modification company. The sales pitch went like this: “Modify your loan and get the lower payments you deserve.” The next commercial was from an attorney. “Been in an accident? Get the money you deserve.” The final commercial was from a credit repair company. “Let us negotiate your debts down to nothing so you can live the life you deserve!”
Notice the common phrase?
You deserve.
Seriously, what do these people really deserve?
Your credit sucks, you don't pay your bills on time, and you deserve a better life? Grandma rear-ends your car and suddenly you deserve a large cash award from some rich insurance company? You buy a house you can't afford and now you deserve a lower rate? How does “deserving” suddenly come so easy with no particular effort, like an event raining from the heavens? We're being methodically brainwashed to believe that we deserve everything without obedience to process, or accountability.
You deserve what your actions earned, or haven't earned. Being responsible is one thing; being accountable is another. When you're accountable to your choices, you alter your behavior in the future and take the driver's seat of your life.
Chapter Summary: Fastlane Distinctions
Hitchhikers assign control over their financial plans to others effectively introducing probabilities to victimhood.
The Law of Victims: You can't be a victim if you don't relinquish power to someone capable of making you a victim.
Responsibility owns your choices.
Taking responsibility is the first step to taking the driver's seat of your life. Accountability is the final.
----
PART 4:
Mediocrity–The Slowlane Roadmap
CHAPTER 10: THE LIE YOU'VE BEEN SOLD: THE SLOWLANE
What if I told you 'insane' was working fifty hours a week in some office for fifty years at the end of which they tell you to piss off; ending up in some retirement village hoping to die before suffering the indignity of trying to make it to the toilet on time? Wouldn't you consider that to be insane?
~ Steve Buscemi (Con Air, Paramount Pictures, 2003)
Next Exit: “Slowlane” Mediocrity Ahead
In the previous chapter, we highlighted that a Sidewalker has no financial plan and is only concerned with the pleasures of today, often governed by instant gratification. While the Sidewalk is a chronic lifestyle that mortgages the future for a pleasurable today, the Slowlane is the antithesis: a sacrifice of today in the hopes of a brighter and freer tomorrow.
As a Slowlane traveler, you're deluged with a series of doctrines that plead discipline to the trade-off. Get a job and waste five days a week toiling at the office. Bag a lunch and stop drinking $10 coffee. Faithfully entrust 10% of your paycheck to the stock market and your 401(k). Quit dreaming about that sports car in the window because you can't buy it! Delay gratification until you're 65 years old. Save, save, save because compound interest is powerful: $10,000 invested today will be with 10 gazillion in 50 years!
Surprisingly, the Slowlane is the first convenient exit off the Sidewalk and evolves with maturity and increased adult responsibilities. Most
And when you own your decisions, something miraculous happens. Failure doesn't become the badge of victimhood- it becomes wisdom . Deny accountability and responsibility and the keys of your life are given to someone else. In other words, take the damn driver's seat to your life!
You Deserve! You Deserve! You Deserve!
The other day I heard successive radio commercials that were utterly disturbing. You don't need to be a nuclear physicist to know their target … Sidewalking victims.
The first commercial was for a mortgage loan modification company. The sales pitch went like this: “Modify your loan and get the lower payments you deserve.” The next commercial was from an attorney. “Been in an accident? Get the money you deserve.” The final commercial was from a credit repair company. “Let us negotiate your debts down to nothing so you can live the life you deserve!”
Notice the common phrase?
You deserve.
Seriously, what do these people really deserve?
Your credit sucks, you don't pay your bills on time, and you deserve a better life? Grandma rear-ends your car and suddenly you deserve a large cash award from some rich insurance company? You buy a house you can't afford and now you deserve a lower rate? How does “deserving” suddenly come so easy with no particular effort, like an event raining from the heavens? We're being methodically brainwashed to believe that we deserve everything without obedience to process, or accountability.
You deserve what your actions earned, or haven't earned. Being responsible is one thing; being accountable is another. When you're accountable to your choices, you alter your behavior in the future and take the driver's seat of your life.
Chapter Summary: Fastlane Distinctions
Hitchhikers assign control over their financial plans to others effectively introducing probabilities to victimhood.
The Law of Victims: You can't be a victim if you don't relinquish power to someone capable of making you a victim.
Responsibility owns your choices.
Taking responsibility is the first step to taking the driver's seat of your life. Accountability is the final.
----
PART 4:
Mediocrity–The Slowlane Roadmap
CHAPTER 10: THE LIE YOU'VE BEEN SOLD: THE SLOWLANE
What if I told you 'insane' was working fifty hours a week in some office for fifty years at the end of which they tell you to piss off; ending up in some retirement village hoping to die before suffering the indignity of trying to make it to the toilet on time? Wouldn't you consider that to be insane?
~ Steve Buscemi (Con Air, Paramount Pictures, 2003)
Next Exit: “Slowlane” Mediocrity Ahead
In the previous chapter, we highlighted that a Sidewalker has no financial plan and is only concerned with the pleasures of today, often governed by instant gratification. While the Sidewalk is a chronic lifestyle that mortgages the future for a pleasurable today, the Slowlane is the antithesis: a sacrifice of today in the hopes of a brighter and freer tomorrow.
As a Slowlane traveler, you're deluged with a series of doctrines that plead discipline to the trade-off. Get a job and waste five days a week toiling at the office. Bag a lunch and stop drinking $10 coffee. Faithfully entrust 10% of your paycheck to the stock market and your 401(k). Quit dreaming about that sports car in the window because you can't buy it! Delay gratification until you're 65 years old. Save, save, save because compound interest is powerful: $10,000 invested today will be with 10 gazillion in 50 years!
Surprisingly, the Slowlane is the first convenient exit off the Sidewalk and evolves with maturity and increased adult responsibilities. Most
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