The Millionaire Fastlane / MJ DeMarco

Three elements of Wealth: 3F; Family, Fitness, Freedom VS 5(Work) : 2(Play)

1] Set up for my Lifestyle : Monthly budget * 12 = Yearly budget / 0.05 (interest)

 

 

2] Come up with new business idea

 

 

3] Fill it up with the people
1) Make feel good

2) Solve their problem

3) Educate

4) Make better looking
5) Make them Safe

6) Make positive energy

7) Fill their primary needs
8) Make their life easier

9) Inspire the dream & hope

 

 

4] Think Market
1) Scale
2) Importance

 

 

5] Think Barrier
1) Something special & unique: What special value can offer?

 

 

6] Think Business Model
1) subscription 2) Advertising 3) Data Mining 4) Broker system 5) Platform 6) Social Commerce

Most important value = Time