The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

The Entrepreneur's Forum for learning how to build wealth and financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join our forum with more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

Search results

  1. FastLaner007

    What to offer/sell to my rich friends?

    Brothers, quick question! I know thousands of real life friends, acquaintances and relatives around the world who are rich (Millionaires, Multi-Millionaires, and Billionaires). I have already been leveraging these contacts financially by promoting various investments, private banking, capital...
  2. FastLaner007

    How do I scale my dating company? Please give your inputs.

    Ladies & Gentlemen, What is the best way to launch my new "Speed Dating" company in multiple cities across different countries? How can my company organize multiple events at the same time across different cities without me having to travel? Do I hire and train new employees in...
  3. FastLaner007

    Mohan From India

    INTRO 
    Welcome, a British Indian here.
  4. FastLaner007

    Thinking of starting a Supermarket/hypermarket chain. Good idea?

    IDEA 
    Because there will always be a need for day to day supplies and I have a passion for owning giant Hypermarkets in many countries bro.
  5. FastLaner007

    Thinking of starting a Supermarket/hypermarket chain. Good idea?

    IDEA 
    Hey ladies & gentlemen, I am from the UK and Asia. I wish to start a national (which I hope will become Global someday) Supermarket/Hypermarket chain. But there are already many big established Billion Dollar local competitors in this industry. Can I still dream of a becoming a $100+...
  6. FastLaner007

    MJ talks about living off of 3.5% interest from bonds for life. But is he correct?

    INVESTING 
    Thanks for explaining clearly with an example bro. So you guys are suggesting that I have an income producing asset(s), like a business venture, even after attaining a huge sum of money? It's stressful in most cases to own and operate a business. I don't mind working on a business till I...
  7. FastLaner007

    MJ talks about living off of 3.5% interest from bonds for life. But is he correct?

    INVESTING 
    Dear Fastlaners, I have a genuine question. MJ says in TMF and UnScripted that you can live off of interest from a large sum of money all your life without working. But I have a doubt. Suppose you have $10 million invested in municipal bonds, and you earn 3.5% interest per year. That's...
  8. FastLaner007

    This man makes $200K a year in passive income yearly at 33. Is his approach Fastlane?

    Thanks for the reply, MJ. I learnt from your book that tying up wealth in stock market isn't a good idea. But you advised in UnScripted to invest in dividend paying stocks. Aren't your recommending stock market investing there? Thanks, Sir.
  9. FastLaner007

    This man makes $200K a year in passive income yearly at 33. Is his approach Fastlane?

    Your thoughts on his story from being in slowlane to now being financially free? Would you guys call him financially free? Thanks. https://amp.businessinsider.com/how-to-make-passive-income-investments-real-estate-2018-8
  10. FastLaner007

    How to build a $12billion Private Real Estate Investment firm from scratch?

    REAL ESTATE 
    I disagree. A fastlaner can imitate his success without the attached name.
  11. FastLaner007

    How to build a $12billion Private Real Estate Investment firm from scratch?

    REAL ESTATE 
    Hi Steve! Thanks for the input. I am a software engineering graduate. Can I still start a company like Ashkenazy Acquisitions without my own money? I will try to get outside investors though. Any other way I can make this work? Regards.
  12. FastLaner007

    How to build a $12billion Private Real Estate Investment firm from scratch?

    REAL ESTATE 
    Thanks for your reply Sir. An article talks about him being the majority owner in the company. In this case how does he make money if he is investing in real estate using the clients' money? Does he or his company charge a management fee or have a profit sharing agreement? How is he making money...
  13. FastLaner007

    How to build a $12billion Private Real Estate Investment firm from scratch?

    REAL ESTATE 
    Hey guys, I came across a billionaire worth $4billion and it seems he made his money through his company, Ashkenazy Acquisitions. A little background on his company from their website: Headquartered in New York City, Ashkenazy Acquisition Corporation is a private real estate investment...
  14. FastLaner007

    Inventing a Small Improvement to an Existing Idea Is All It Takes

    IDEA MINDSET 
    Inventing a Small Improvement to an Existing Idea Is All It Takes Learnt a lot of lessons from the article.
  15. FastLaner007

    Can I live off of interest on $100 Million for life?

    HOT! MINDSET 
    My question must be silly if that is coming from a reputed old member like you unlike an amateur calling me an idiot above just for asking an innocent question. I have never done taxes on my own as all my business affairs are managed by my family's accountants. Also, I have been pampered by my...
  16. FastLaner007

    Can I live off of interest on $100 Million for life?

    HOT! MINDSET 
    Thanks a ton for clearing this for me brother. So from the $50000 interest example above, can a person beat inflation by reinvesting 3% from the interest back into the principal after paying taxes on the 5% interest and live off of whatever's left from the interest after paying taxes and...
  17. FastLaner007

    Can I live off of interest on $100 Million for life?

    HOT! MINDSET 
    Thanks for your useful answer bro. Let me paste a Quora answer with some numbers below and tell me if he is right. I am assuming his calculations are wrong judging by your answer. Quora answer: You have an equation that looks like this: income = (principal) * (1 + interest) / (1 + inflation) -...
  18. FastLaner007

    Can I live off of interest on $100 Million for life?

    HOT! MINDSET 
    Wasting time? There is no such thing as a dumb question. I wanted to research the same after finding some conflicting numbers in some examples on Quora. Guys, please clear this up. One Quora answer first deducts inflation rate from the yearly interest rate and then applies 15% tax on the...
  19. FastLaner007

    Can I live off of interest on $100 Million for life?

    HOT! MINDSET 
    Thanks for the replies so far guys. I have not earned the 100 Mil yet. I wanted to ask the question for motivation as I am on track to starting some high growth ventures. Many guys in my markets have made hundreds of millions and even billions. So, coming back to my question. Can someone...
  20. FastLaner007

    Can I live off of interest on $100 Million for life?

    HOT! MINDSET 
    If I earn $100Million after taxes via businesses in the USA and Europe, what taxes will I need to pay on yearly interest/dividends of 5% from investments of the $100Million principal after accounting for 3% inflation for example? I am 27 now BTW. And let's assume that I will live till 85. Can I...

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Must Read Books...

must read books
Download FREE and share!
Download
Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore
Top