Truth: As you grow and succeed in business, people in your life will either stay with you, fade away, or oppose you. Don't fear leaving people behind who are stuck in old ways, old thinking, and old paradigms. Hard to grow a productive garden surrounded by weeds. Have a great week! 🤩🤠✌️~ MJ
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The happiest day of my life was when I realized I never needed a job again. While I was still mostly broke back then, I knew I had the mental tools to win this game. That happiness never abated. Scientific research proves that autonomy (freedom) accounts for up to 50% of your happiness. I can verify, it is true! When the going gets tough (and it will!!) try to remember WHY u r an entrepreneur. 💪~MJ
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In many ways, the customer is your boss, but don't be fooled. Bosses can be fired. The old, "Customer is King" is BS. At some point in your business, you will need to FIRE problem customers who aren't worth the time, drama, or $$ that they deliver in value/revenue to your company. I've done it many times including recently. Addition by subtraction! Have a great weekend! 👍🏖️ ~MJ
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Entrepreneurship has a huge knowledge gap that has a natural expansion bias. As entrepreneurs, our job is to "mind the gap" and keep it from growing, or better, reduce its size.
Knowledge gaps are caused by technological, political, economic, and market changes. Ignore the knowledge gap and it will be impossible to succeed in business. Mind the gap and your chances skyrocket. Change creates millionaires and billionaires. 💸💴 ~ MJ
Knowledge gaps are caused by technological, political, economic, and market changes. Ignore the knowledge gap and it will be impossible to succeed in business. Mind the gap and your chances skyrocket. Change creates millionaires and billionaires. 💸💴 ~ MJ
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"Do what you love!" + "Follow your passion!" are 2 platitudes that imbue a fixed mindset and mediocrity. No, it's "do what you hate." The more you are willing to challenge your comfort zone & attempt things outside of your box of skill or comfort, the better u become. Transformative growth only happens under duress & ironically, fires passion. ~MJ (PS: Got a great book rec later this wk!)
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Personality Isn't Permanent by Benjamin Hardy is a great book that I found incredibly insightful, something I will read over and over again. If you struggle with past traumas, labels, limiting identities (I'm an introvert! That's not my thing!) and other mental ruts that keep you from becoming what you need to become, this book is a definite must read. The stories alone are worth the price. 📖 👍 ~MJ
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If u r struggling to get into business (or want to diversify to a new one) consider acquisition entrepreneurship (buying an existing biz). Advantage is you get existing customers, bypassing the launch process. Think of it like buying a fixer-upper house. Flipping businesses is like flipping houses. GOLD thread on forum details one's journey. Enjoy ~MJ ✌️https://bit.ly/3fd65G9
The Entrepreneur Discussion Forum: Talk Fastlane Business
GOLD! - HOT! - From 0 To $240,000 Per Year PROFIT In 18 Months...
From 0 to $240,000 per year profit in 18 months
I've been a follower of this forum for about a year now, had read the Millionaire Fastlane book, and finally have decided to tell my story. About...
I've been a follower of this forum for about a year now, had read the Millionaire Fastlane book, and finally have decided to tell my story. About...
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From my new book coming June 29, 2021, OBSERVED MODELING allows you to ascertain best practices hiding in plain sight. Example: Beware of marketers selling marketing strategy, instead of BUYING their products, OBSERVE how they market their products. Boom, you just got their secret without buying it. What is most effective often sits in front of your eyes. OBSERVE! 👀 👁️ 🙂 ~ MJ
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REALITY CHECK: The sad fact of humanity is that you could create the cure for cancer, and you would still have haters. They'd call you a scammer, a "sell out" or a evil capitalist. Doesn't matter. You CANNOT please everyone. Tough skin is required in an entrepreneur's life, accept it for what it is and go forth with the right expectations. Some things cannot be changed... ✌️~ MJ
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When Elon Musk boards his private jet, he's "living within his means" - live within your means, with the intent to expand your means. This game is won on offense (a big income or asset valuation) and preserved with defense (money management). Poor money mgmt can't be medicated with more money. Offense wins the game in 10yrs or less, defense preserves for the rest of your life. ~MJ 💪
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Dutch Bros & Black Rifle Coffee came after Starbucks. Don't be dissauded from looking at opportunities simply because "it's being done" - value is subjective and people will always prefer doing business with small, private companies over large, megalithic corporate monsters. A key branding strategy is to make your company take on a personality, like an individual. Have a great weekend! ~ MJ 🏖️
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Here's a fact your cheap mainstream financial guru will never reveal: Wealth is created asymmetrically; 1 unit of effort, 5 units of pay. Asymmetry is a HUGE topic in my upcoming book and is demonstrated in the fictional story. Culture has brainwashed us to earn $ symmetrically: 1 unit of time (hr/year) 1 unit of pay. 8% a year for 50yrs? No, 800% a year for 10. Only a biz has this power. 🔋🔌💪 ~MJ
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https://bit.ly/3c0Zduq - title says "Americans" but this is not limited to the USA! Great thread on Fastlane about solopreneurs with $1M+ businesses (5/6 figure monthly profits), that means NO employees (but a lot of outsourcing + contracting): link is to a great video by Noah Kagan which does a fabulous job of a "step by step" analysis of how these entrepreneurs got it started. Enjoy or comment! 💬🎙️ 🙂 ~ MJ
The Entrepreneur Forum: Talk Fastlane Business
EXECUTION - GOLD! - Solopreneurs Doing $1M or More...
Why More Americans Are Breaking $1 Million in One-Person Businesses
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Just to be clear, this network is not a 1-way street. If you want to share a valuable piece of advice/strategy/insight that has worked for your biz/life, feel free to let me know (at anytime) & I can broadcast it to our group. (Join the chat side of this group) There is power in our numbers, and helping each other win the life we want to live. 💪🔋- Have a great weekend! ~MJ
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Accountability partners can be great. One Fastlaner reported that he and his friend have a deal where they commit each day to accomplishing something; if someone slacks, he/she has to burn a $100 bill in front of the other. Yikes! 🔥🧯You can find such partners at the forum, link to follow. Hope ur weekend was splendid! ~MJ
https://bit.ly/3c9PJNG
https://bit.ly/3c9PJNG
The Entrepreneur Discussion Forum: Talk Fastlane Business
MEETUPS - Need an Accountability Partner? Find One Here...
Feel free to use this thread to network and find accountability partners.
It is also best to post your closest major city as well as any request...
I just posted a text on this in the Unscripted...
It is also best to post your closest major city as well as any request...
I just posted a text on this in the Unscripted...
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David Reichart developed 40 mobile games while working as a valet. Those games made about $40 a month. A Fastlane was no where to be found. His 41st attempt, was downloaded over 200 million times and lets just say, that valet job is gone. Good thing he didn't give up his Fastlane @ #40. Reminder: Past failures/errors improve probabilities for future your results. Swing, and swing often. ⚾~ MJ
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Repetition is the mother of skill and competence. And often, repetition can be tedious and grueling. Think of a BB player who shoots 1000 free throws and dribbles 10 miles. 🏀 The process is a thankless grind, the event shines on stage, draining hoops, millionaire contracts etc. This also applies to books,📚 if u find value in a book, reread it over-n-over to make it rote. Have a great day! ~MJ
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20% of your marketing efforts will yield 80% of your sales. Over the years, both in experience + listening to entrepreneurs on the forum, Pareto's Principle (80/20) applies to marketing. IOW, your business will have a few gushers, while the rest will be slow drips. Expect the process to uncover these channels/strategies like looking for needles in haystacks.🔍 Have good Friday! ~MJ
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Interesting quote I came across that reflects living Unscripted... "It is better to live your own destiny imperfectly than to live an imitation of somebody else's life with perfection." -Bhagavad Gita 3.35 🙂 Have a great week folks! ~MJ
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Think of new friends/relationships as you would saddled behind them on their motorcycle while they drive. If they drive to great places, you can go with them. Conversely, if your new associate drives down a dark alley or drives
recklessly, you'll get stuck with their consequences. Choose your circle wisely (which is why I created TheFastlaneForum!) 👀 🙂 ~MJ
recklessly, you'll get stuck with their consequences. Choose your circle wisely (which is why I created TheFastlaneForum!) 👀 🙂 ~MJ
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TALENT is not awakened, discovered, or birthed, but EARNED. The "Force Doesn't Awaken" is a Principle from my new book coming June 29 and states that talent is only earned through a disciplined process, it is not something that miraculously appears as the Hollywood Superhero/Star Wars movies want you to believe. If you wait for talent to be "discovered", you'll wait forever. EARN IT! ~MJ 👟🏃♀️
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