The Millionaire Fastlane is now 10+ years old, and with 1,000,000+ copies sold as well as many other creators copying, reformulating and reselling the information provided by the book. My question is: Is it even Fastlane anymore?
Don't get me wrong, i think the points in The Millionaire Fastlane are incredibly helpful and maybe even more relevant today than ever. But now, I feel like every single person on the planet is trying to go 'Fastlane'. From creating 'AI- startups' to 'building' a personal brand' the tsunami of entrepreneurs is making it close to impossible to stand out.
However even if you did stand out, the immense competition is lowering the demand and profitability of your business.
What made people millionaires years ago can (if you're lucky) barely replace a normal job. I might be exaggerating now, but the competition will only get worse in the future as content creators keep pushing the idea of starting a business and getting rich quick.
The things that were Fastlane 10 years ago now violate the commandment of entry.
This doesn't make The Millionaire Fastlane useless, but I do not think that the best way to become a self-made multi-millionaire in the future is through slightly value skewing some online service/product. But rather extremely creative and innovative ideas that stick out in values skews not yet fully explored.
Lastly, I think the demand for high quality and scientifically proven value rather than marketing will become an important factor in clearing out the massive amounts of competition today.
Feel free share your opinions on the subject.
Don't get me wrong, i think the points in The Millionaire Fastlane are incredibly helpful and maybe even more relevant today than ever. But now, I feel like every single person on the planet is trying to go 'Fastlane'. From creating 'AI- startups' to 'building' a personal brand' the tsunami of entrepreneurs is making it close to impossible to stand out.
However even if you did stand out, the immense competition is lowering the demand and profitability of your business.
What made people millionaires years ago can (if you're lucky) barely replace a normal job. I might be exaggerating now, but the competition will only get worse in the future as content creators keep pushing the idea of starting a business and getting rich quick.
The things that were Fastlane 10 years ago now violate the commandment of entry.
This doesn't make The Millionaire Fastlane useless, but I do not think that the best way to become a self-made multi-millionaire in the future is through slightly value skewing some online service/product. But rather extremely creative and innovative ideas that stick out in values skews not yet fully explored.
Lastly, I think the demand for high quality and scientifically proven value rather than marketing will become an important factor in clearing out the massive amounts of competition today.
Feel free share your opinions on the subject.
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