The Millionaire Fastlane
also wenn man nur ein Buch zum Thema lesen kann, dann dieses hier!!!
Wealth is a process, not an event.
Wealth is 3 fundamental "F"s:
- Family (relationships)
- Fitness (health)
- Freedom (choice)
If you think you can afford it - you can't.
Affordability is when you don't have to think about it.
Slowlane: Uncontrollable Limited Leverage
Time has no leverage.
Fastlane: Controllable Leverage
Slowlane Wealth: (Time x Hourly Value) + Invested Sum x (1+yield)^time
(the primary income source) + (the wealth accelerator)
Exponential income growth and expense management creates wealth - not just by curtailing expenses.
USD 5 million is the new USD 1 million.
Fastlane Wealth: Net Profit + Asset Value
(Units Sold x Unit Profit) + (Net Profit x Industry Multiple)
Fastlanes don't use compound interest (Zinseszins) or the market to get wealthy but to create income and preserve liquity.
to make millions you must serve millions in scale or a few in magnitude.
Commandment of Need,
Nutzen des Kunden in Vordergrund stellen.
Commandment of Entry,
easy access roads carry more traffic.
Commandment of Control,
sitzt du am Fahrer- oder Beifahrersitz (Beispiel affiliate marketing)
Commandment of Scale,
scale is achieved in reach (units sold) and/or magnitude (unit profit).
Commandment of Time,
a business attached to your time is a job.