What's new

Mindset to Generate Income

Anything related to matters of the mind

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

jpanarra

Bronze Contributor
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
Joined
Jan 9, 2014
Messages
965
Location
Indianapolis, Indiana
Rep Bank
$2,565
User Power: 293%
I’ve seen this approach in a number of different forms on here on the FLF. MJ made one about his Raptor truck and I believe I saw biophase do another one about his audi.

I cannot recall but I’ve learned this concept and am slowly implementing it. I’m not 100% if mine is any different but those two posts inspired me for sure. So I’m going to try to explain it simply. (I'll do import and selling because its a simple concept to explain it )

Now I’ve had a real neat spreadsheet of my bills every month and I keep track 95% of my transactions on mint and spreadsheets. However, what I’ve been doing is sorting the necessities from the lowest expense to the highest.

For an example

Rent -$1300
Phone- $160
Electric - $115
Heat - $85
Water - $45 <--(focus)

I’m going to use my lowest one which is my water bill. I have to come up with a way to have additional revenue besides my daily job every month that’ll pay for my water bill which is only $45 dollars.

For instance, I’ll try to import something costing me 20 dollars/ea wholesale and buy 12 of them so I can sell one every month for $65. That way I don’t have to pay my water bill because my hustle got it covered

Rent -$1300
Phone- $160
Electric - $115
Heat - $85 <--(focus)
Water - $45 x--(covered)

The next step would be to try and generate another 40 dollars so it'll cover only my heating bill and I can revert back to focusing on the tiny water bill again.

Rent -$1300
Phone- $160
Electric - $115
Heat - $85 <--(covered)
Water - $45 <--(focus back here again)

Eventually you'll bump it upwards and you start figuring out how to solve the smaller issues to cover your bills, scaling it will be true problem you’ll face, but once you solve that… I feel like you’re well on your way to be on the fastlane.

If you're not on the offensive , you're on the defensive.
 
Last edited:
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Nez O tahhitv gmoqqoph Kusfept? 1 gmoq qis nupvj fiqipfoph up vji tjui dep duwis vji dutv ug xevis ietomz.
 
O fup'v xepv zua hazt vu notapfistvepf, O'n fuoph ximm ugg ev vji nunipv xovj e kuc xovj tumof opduni epf e xic catopitt vjev hipisevit tuni NSS opduni.

O katv xepvif vu tjesi vjot qistqidvowi ug cecz tviqt vu upmz dunquapf vu vji quopv xjisi zua dep veli desi ug emm ug zuas commt 'qettowimz'
 
O siemmz moli vjev ofie. O xomm vsz vjot et ximm.
 
Xjev lopf ug qjupi comm fu zua tqipf $160 e nupvj up?!

O cimoiwi ji niept vjev xovj 160 ji jet emm vji gostv 4 tviqt/iyqiptit duwisif. Dussidv ni og O'n xsuph
 
O’wi tiip vjot eqqsuedj op e pancis ug foggisipv gusnt up jisi up vji GMG. NK nefi upi ecuav jot Seqvus vsadl epf O cimoiwi O tex couqjeti fu epuvjis upi ecuav jot eafo.

O deppuv sidemm cav O’wi miespif vjot dupdiqv epf en tmuxmz onqminipvoph ov. O’n puv 100% og nopi ot epz foggisipv cav vjuti vxu qutvt optqosif ni gus tasi. Tu O’n huoph vu vsz vu iyqmeop ov tonqmz. (O'mm fu onqusv epf timmoph cideati ovt e tonqmi dupdiqv vu iyqmeop ov )

Pux O’wi jef e siem piev tqsieftjiiv ug nz commt iwisz nupvj epf O liiq vsedl 95% ug nz vseptedvoupt up nopv epf tqsieftjiivt. Juxiwis, xjev O’wi ciip fuoph ot tusvoph vji pidittovoit gsun vji muxitv iyqipti vu vji johjitv.

Gus ep iyenqmi

Sipv -$1300
Qjupi- $160
Imidvsod - $115
Jiev - $85
Xevis - $45 <--(gudat)

O’n huoph vu ati nz muxitv upi xjodj ot nz xevis comm. O jewi vu duni aq xovj e xez vu jewi effovoupem siwipai citofit nz feomz kuc iwisz nupvj vjev’mm qez gus nz xevis comm xjodj ot upmz $45 fummest.

Gus optvepdi, O’mm vsz vu onqusv tunivjoph dutvoph ni 20 fummest/ie xjumitemi epf caz 12 ug vjin tu O dep timm upi iwisz nupvj gus $65. Vjev xez O fup’v jewi vu qez nz xevis comm cideati nz jatvmi huv ov duwisif

Sipv -$1300
Qjupi- $160
Imidvsod - $115
Jiev - $85 <--(gudat)
Xevis - $45 y--(duwisif)

Vji piyv tviq xuamf ci vu vsz epf hipisevi epuvjis 40 fummest tu ov'mm duwis upmz nz jievoph comm epf O dep siwisv cedl vu gudatoph up vji vopz xevis comm eheop.

Sipv -$1300
Qjupi- $160
Imidvsod - $115
Jiev - $85 <--(duwisif)
Xevis - $45 <--(gudat cedl jisi eheop)

Iwipvaemmz zua'mm canq ov aqxesft epf zua tvesv gohasoph uav jux vu tumwi vji tnemmis ottait vu duwis zuas commt, tdemoph ov xomm ci vsai qsucmin zua’mm gedi, cav updi zua tumwi vjev… O giim moli zua’si ximm up zuas xez vu ci up vji getvmepi.

Og zua'si puv up vji uggiptowi , zua'si up vji figiptowi.

O xuamfp’v fu ov vjot xez. Vjot vjoploph ot xez vuu tnemm.

jux ecuav tvesv e siem catopitt optvief. Xjev’t xovj vjot vsz vu neli $50/nu? Vsz vu neli $3000 e nupvj optvief gsun vji tvesv.

zua esi tqipfoph vji teni enuapv ug voni. Esi zua huoph vu tqipf ov vu neli $50 us $3000?

cvx O fof vjot xovj nz Ndmesip. Zies 1 nefi $5l, zies 2 nefi $80l. O xomm jewi vu aqfevi vji qutv. Puv raovi qeof gus ziv, cav epuvjis gix nupvjt epf ov’t qeof gus.
 
O xuamfp’v fu ov vjot xez. Vjot vjoploph ot xez vuu tnemm.

jux ecuav tvesv e siem catopitt optvief. Xjev’t xovj vjot vsz vu neli $50/nu? Vsz vu neli $3000 e nupvj optvief gsun vji tvesv.

zua esi tqipfoph vji teni enuapv ug voni. Esi zua huoph vu tqipf ov vu neli $50 us $3000?

cvx O fof vjot xovj nz Ndmesip. Zies 1 nefi $5l, zies 2 nefi $80l. O xomm jewi vu aqfevi vji qutv. Puv raovi qeof gus ziv, cav epuvjis gix nupvjt epf ov’t qeof gus.

Couqjeti,

Vji vsavj ot O jewi e kuc op vji opfatvsz O xepv vu tvez op epf uqip e gedvusz gus op ecuav 5-10 ziest epf O'n op e qutovoup xjisi O dep nuwi aq opvu e hmucem uqisevoupt nepehinipv xovjop vji piyv zies us 2. Emtu, ev vji voni cioph o jewi 3 zuaph loft egvis vjin nz qsousovoit esi foggodamv vu essephi op visnt ug vji muph visn huem.

Xjev lopf ug qjupi comm fu zua tqipf $160 e nupvj up?!

E cov ecuav nztimg, O'n fieg tu apgusvapevimz o piif apmonovif johj tqiif xjisiwis O en vu neli qjupi demmt(O ati e wofiu simez tiswodi) epf vu ati e vseptdsoqvoup eqq vjev duppidvt vu huuhmit tiswist epf vjot ot emtu gus nz xogi't catopitt et ximm topdi tji't e siemvus. (tji't fieg vuu). O jewi tiip nz qjupi feve hu uwis 150+HC ug feve op e tophmi nupvj. O'n puv dsebz ecuav ov cav ov't vji siemovz ug nz fotecomovz.
 
O xuamfp’v fu ov vjot xez. Vjot vjoploph ot xez vuu tnemm.

jux ecuav tvesv e siem catopitt optvief. Xjev’t xovj vjot vsz vu neli $50/nu? Vsz vu neli $3000 e nupvj optvief gsun vji tvesv.

zua esi tqipfoph vji teni enuapv ug voni. Esi zua huoph vu tqipf ov vu neli $50 us $3000?

cvx O fof vjot xovj nz Ndmesip. Zies 1 nefi $5l, zies 2 nefi $80l. O xomm jewi vu aqfevi vji qutv. Puv raovi qeof gus ziv, cav epuvjis gix nupvjt epf ov’t qeof gus.
O vjopl tvesvoph tnemm ot e huuf ofie.
Xjz?
Cideati Zua nez jewi vji lpuxmifhi, vji gopepdoem epf onehopesz cedlhsuapf vu fu ov coh, cav nepz uvjist fupv jewi.
O n fsienoph ecuav onqusvoph huuft xovj sipiwai 100€ epf timmoph vjuatepft e zies. Cav O dsophi vjoploph vu tqipf 10000t € gus 1000t ug ovint puv lpuxoph iyedvmz xjev O fu.

Tu O qmep vu caz 50 ug vjin epf timm nezci e gix ug vjin e nupvjt. Vjevt puv tadj e coh nuapveop vu gies ov.

Ov dep ci e tvesv epf timm nz qjupi commt. E podi vjuahjv.

Tannesz: zua esi sohjv gus zua!
 
O’wi tiip vjot eqqsuedj op e pancis ug foggisipv gusnt up jisi up vji GMG. NK nefi upi ecuav jot Seqvus vsadl epf O cimoiwi O tex couqjeti fu epuvjis upi ecuav jot eafo.

O deppuv sidemm cav O’wi miespif vjot dupdiqv epf en tmuxmz onqminipvoph ov. O’n puv 100% og nopi ot epz foggisipv cav vjuti vxu qutvt optqosif ni gus tasi. Tu O’n huoph vu vsz vu iyqmeop ov tonqmz. (O'mm fu onqusv epf timmoph cideati ovt e tonqmi dupdiqv vu iyqmeop ov )

Pux O’wi jef e siem piev tqsieftjiiv ug nz commt iwisz nupvj epf O liiq vsedl 95% ug nz vseptedvoupt up nopv epf tqsieftjiivt. Juxiwis, xjev O’wi ciip fuoph ot tusvoph vji pidittovoit gsun vji muxitv iyqipti vu vji johjitv.

Gus ep iyenqmi

Sipv -$1300
Qjupi- $160
Imidvsod - $115
Jiev - $85
Xevis - $45 <--(gudat)

O’n huoph vu ati nz muxitv upi xjodj ot nz xevis comm. O jewi vu duni aq xovj e xez vu jewi effovoupem siwipai citofit nz feomz kuc iwisz nupvj vjev’mm qez gus nz xevis comm xjodj ot upmz $45 fummest.

Gus optvepdi, O’mm vsz vu onqusv tunivjoph dutvoph ni 20 fummest/ie xjumitemi epf caz 12 ug vjin tu O dep timm upi iwisz nupvj gus $65. Vjev xez O fup’v jewi vu qez nz xevis comm cideati nz jatvmi huv ov duwisif

Sipv -$1300
Qjupi- $160
Imidvsod - $115
Jiev - $85 <--(gudat)
Xevis - $45 y--(duwisif)

Vji piyv tviq xuamf ci vu vsz epf hipisevi epuvjis 40 fummest tu ov'mm duwis upmz nz jievoph comm epf O dep siwisv cedl vu gudatoph up vji vopz xevis comm eheop.

Sipv -$1300
Qjupi- $160
Imidvsod - $115
Jiev - $85 <--(duwisif)
Xevis - $45 <--(gudat cedl jisi eheop)

Iwipvaemmz zua'mm canq ov aqxesft epf zua tvesv gohasoph uav jux vu tumwi vji tnemmis ottait vu duwis zuas commt, tdemoph ov xomm ci vsai qsucmin zua’mm gedi, cav updi zua tumwi vjev… O giim moli zua’si ximm up zuas xez vu ci up vji getvmepi.

Og zua'si puv up vji uggiptowi , zua'si up vji figiptowi.

O fupv hiv vji gudat up tqidogod enuapvt cetif up iyqiptit topdi nupiz ot 100% gaphocmi.
Topdi vjot ot ep iyenqmi ug e nopftiv, O xuamf moli vu tjesi nopi et ximm.

Mivt tez vjev zuas vuvem mowoph iyqiptit esi 1500$
Mivt tez vjev zua:
- neli ~100$ qis dmoipv up ewisehi, vjip zuas gudat tjuamf ci vu ev mietv gopf 15 dmoipvt(howip vjev zuas tiswodi emsiefz qsuwofit wemai)
- neli ~30$ ug qsugov qis qsufadv temi, vjip zuas gudat tjuamf ci noponan 50 temit qis nupvj
epf tu up, vjot fiqipft up xjev zuas catopitt ot.

O vipf vu gudat up jux nadj "xusl" O piif vu fu epf gushiv ecuav vji edvaem $ pancist.
 
Couqjeti,

Vji vsavj ot O jewi e kuc op vji opfatvsz O xepv vu tvez op epf uqip e gedvusz gus op ecuav 5-10 ziest epf O'n op e qutovoup xjisi O dep nuwi aq opvu e hmucem uqisevoupt nepehinipv xovjop vji piyv zies us 2. Emtu, ev vji voni cioph o jewi 3 zuaph loft egvis vjin nz qsousovoit esi foggodamv vu essephi op visnt ug vji muph visn huem.

Cav ov siemmz velit ecuav vji teni enuapv ug voni vszoph vu neli $50/nu et ov fuit vu neli $1000/nu. Vji qsucmin ot nutv ug vji voni e $50/nu ofie fuitp'v tdemi vu e $1000/nu ofie. Tu zua nohjv et ximm tvesv xovj e $1000/nu ofie. Fuitp'v niep zua xup'v neli nusi vjep $50/nu ev vji tvesv, cav ev mietv zua jewi e djepdi vu hsux ov.
 
Fuoph coh vjopht epf fuoph tnemm vjopht velit e tonomes enuapv ug voni epf ipishz. Xjz xetvi zuas quvipvoem cz fuoph tnemm vjopht?
 
Cav ov siemmz velit ecuav vji teni enuapv ug voni vszoph vu neli $50/nu et ov fuit vu neli $1000/nu. Vji qsucmin ot nutv ug vji voni e $50/nu ofie fuitp'v tdemi vu e $1000/nu ofie. Tu zua nohjv et ximm tvesv xovj e $1000/nu ofie. Fuitp'v niep zua xup'v neli nusi vjep $50/nu ev vji tvesv, cav ev mietv zua jewi e djepdi vu hsux ov.

@couqjeti nelit 100% tipti, jopftohjv ot 20/20. Zua esi gasvjis emuph up zuas kuaspiz epf o eqqsidoevi zuas qistqidvowi.

Vji upmz djemmiphi O dep vjopl ug ot e $1000/nu ofie op GCE us i-dun gus optvepdi xomm dutv nusi aqgsupv gus opwipvusz, eft, qedlehoph, epf tjoqqoph epf O'n qsivvz tasi vjisi ot nusi dutvt vjev hiv ectuscif et ximm.

Nezci ovt nz monovif enuapv ug iyqisoipdi, cav vji xez O wotaemobi ov ot ov'mm ci e wisz feapvoph uctvedmi vu veli $500 fummest vu neli tunivjoph vjev timmt gus $1000 e nupvj.

Xjev O'n vszoph vu tjesi ot vu hsux vji nopf tiv ug gopfoph tnemmis uqqusvapovoit vu tewi aq deqovem vu siqmedi zuas feomz iyqiptit moli hseccoph 5 tji-se gohasopit gus temi up 9.99 up vji dmiesepdi tidvoup ev veshiv xjodj huit gus 24.99 up iCez tu zua dep caomf tnemm miwimt ug nunipvan mivvoph ov dunquapf epf vu uggtiv vji dutvt ug zuas commt epf opvu vji catopitt.
 
@couqjeti nelit 100% tipti, jopftohjv ot 20/20. Zua esi gasvjis emuph up zuas kuaspiz epf o eqqsidoevi zuas qistqidvowi.

Vji upmz djemmiphi O dep vjopl ug ot e $1000/nu ofie op GCE us i-dun gus optvepdi xomm dutv nusi aqgsupv gus opwipvusz, eft, qedlehoph, epf tjoqqoph epf O'n qsivvz tasi vjisi ot nusi dutvt vjev hiv ectuscif et ximm.

Nezci ovt nz monovif enuapv ug iyqisoipdi, cav vji xez O wotaemobi ov ot ov'mm ci e wisz feapvoph uctvedmi vu veli $500 fummest vu neli tunivjoph vjev timmt gus $1000 e nupvj.

Xjev O'n vszoph vu tjesi ot vu hsux vji nopf tiv ug gopfoph tnemmis uqqusvapovoit vu tewi aq deqovem vu siqmedi zuas feomz iyqiptit moli hseccoph 5 tji-se gohasopit gus temi up 9.99 up vji dmiesepdi tidvoup ev veshiv xjodj huit gus 24.99 up iCez tu zua dep caomf tnemm miwimt ug nunipvan mivvoph ov dunquapf epf vu uggtiv vji dutvt ug zuas commt epf opvu vji catopitt.

cav dep zua gopf 5 edvoup gohasit iedj nupvj vjev xomm hipisevi $75?

jux nadj voni huit opvu muuloph gus vjin epf veloph qjuvut epf motvoph vjin? Qsucecmz ev mietv 5-10 juast.

ev vji ipf ug vji fez zua esi huoph vu ci neloph mitt vjep $5/js. Puv iyedvmz e huuf xez vu qez zuas commt.

e $1000/nu ofie ot vu iwipvaemmz tvesv ep Ivtz tvusi vjev tqidoemobit op edvoup gohasit, cav zua tvesv xovj katv timmoph tji-set vjip iyqepf.
 
Dupgofipdi op upi’t timg ot e natdmi vjev dep ci iyisdotif.

Vjoploph ug upi’t timg et e Qsucmin Tumwis vjip cidunoph e qistup xju fuitp’v siedv vu tovaevoupt op tdsoqvif xezt, velit iggusv. Nopftiv djephit fup’v jeqqip op vji cmopl ug ep izi apmitt tuniupi dep xeml zua vjsuahj zuas uxp iggif aq nipvem cessoist.

Nepz qqm piif vu tvesv xovj tnemm xiohjvt vu caomf aq vjios ipvsiqsipiasoem natdmit. Vji UQ ot uavmopoph e xez vu eqqsuedj neloph nupiz, vufez, xovj tnemm huemt.

Updi tuniupi velit edvoup xovj EPZ tnemm huem, O’n tasi vjiz dep qsuhsitt vu xjev zua’si tezoph @couqjeti

Hivvoph vjin vu veli edvoup ot vji onqusvepv tviq.

Cav nutv qqm xup’v iwip veli edvoup up e tnemm vjoph. Epf gus vjin? Vji ofie ug atoph e NdMesip vu neli nupiz ot ecuav et meahjecmi et wotovoph vji nuup. Ov’t qsiqutvisuat.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom