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RE: Millionaire Fastlane - J. Jay - 02-22-2013
Read the book Ca$hvertising before passing judgement
TMFL is a good book, but it was like I was reading Rich Dad Poor Dad all over again. He spends half the book basically explaining the types of income earners (Cashflow Quadrant sound familiar?) The Sidewalk=Wage earner with no financial goals,
Slowlaner=Wage earner, self employed with some financial goals (mutual funds, Fixed interest, Superannuation etc), Fastlaner = Build businesses with people's needs on a large scale. Well Duh!
I do like his 5 principles for wealth creation, Needs, Entry, Control, Size, Scale.
Not bagging the book, just feel its a tad overrated.
RE: Millionaire Fastlane - Sean - 02-22-2013
The way he explained things hit me differently than RDPD, and some of the slowlane and sidewalk stuff shook me up. It was hard to read while thinking, "Oh no, I do that."
RE: Millionaire Fastlane - Spiral - 02-22-2013
MJ does a fantastic job of explaining the different mindsets and practical ways of thinking in terms of money and wealth. Rich Dad Poor Dad did not do this.
This is what I remember anyhow
RE: Millionaire Fastlane - Shannon - 02-23-2013
I found myself identifying time and again with the fast lane, and saw how (almost) everyone around me has been trying their damnedest to get me to do the slow lane, because "it's realistic", or "it's common sense" or "that's how the world works".
Most of the book, I figured out the material on my own. A lot of it I didn't have solidified consciously the way he did, but I was thinking and doing it just the same.
Still very much worth reading.