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interest

  1. MTF

    Screw Interest, Get Commitment

    HOT! RANT 
    One of the worst mistakes I repeat over and over again as an entrepreneur is confusing interest with commitment. The difference is simple (yet I still manage to F*ck it up—call me Einstein): Generating interest: giving someone something for free (newsletter sign-up, free e-book, free sample...
  2. Alin Farah

    Being committed or Being interested

    IDEA MINDSET EXECUTION 
    I have read TMF about 2 months ago and I have been committed to executing my business idea since then, from learning how to code to researching and building an MVP website that resolves around my idea. However I've been having some difficulties lately to carry on with this momentum, as I have...
  3. Endeavour1815

    Morality and business

    PEOPLE 
    Hi all I've been amidst reading Atlas Shrugged and reading the book has sparked some questions regarding human morality and the business journey that many has set in. In most business, we are out there to make money and the main purpose of that is to support our living and our interests...
  4. 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...
  5. Johnny boy

    Leasing classic cars

    New cars depreciate incredibly fast. Even the best depreciation rates can be 30-40% over the first few years for a new car. It doesn't make sense to invest in a depreciating asset. Whether it's as the borrower, or the lender. It's expensive for both of them. Instead, it makes sense to invest in...
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