The Millionaire Fastlane book provides some more perspectives on how we are supposed to be enterprising and build wealth.
MJ DeMarco had written it in a conversational language with focus on its sense of practicality.
It can be a good reading for those aspiring to start a business or become financially independent.
However, it’s not a guide on becoming rich. It’s also not against corporate entities as much as Robert Kiyosaki.
The Millionaire Fastlane is not the ultimate book in this area. There are as many aspects I like as there are ones I don’t.
The Millionaire Fastlane – Pros
It provided me with an alternative perspective, not so popular, of looking at the process of wealth creation.
The book can be a good curiosity buster for people who want to become financially free or start a business.
DeMarco’s writing is practical, with less jargons or complicated business language. Just truths – out of his own experiences – not just theory.
The author has put a strong opinion; criticizing personal finance books by authors like Robert Kiyosaki and Tim Ferriss.
However, his insights into entrepreneurship are valid. If you’re new to the business, it will put your money mindset into test.
The Millionaire Fastlane – Cons
That said, this isn’t a step-by-step guide to becoming rich. DeMarco won’t spoon-feed you with a blueprint or checklist.
We need to figure out our own business, and put in the work. It only gives a framework of how to view wealth.
Moreover, how much he disdains people who don’t follow his values isn’t so professional of him as an author.
When he attacks authors like Tim Ferriss, he doesn’t acknowledge that in some aspects they are also true.
The world of wealth creation isn’t black and white. Authors he attacks so much are popular for reasons.
Suitable to Bhutanese Readers
The book has both aspects – which I like – ones I don’t. But it’s a book of realistic advice on building wealth.
It stresses on the importance of time, advocating for a producer mindset, which I feel is needed for Bhutanese.
It also encourages lifelong learning, especially in finance and economics. Our ideas of wealth get reviewed with no-nonsense insights.
Did you read the Millionaire Fastlane? What are the lessons you learned reading the Millionaire Fastlane?
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