Read Millionaire Fastlane
I've Read UNSCRIPTED
- Apr 17, 2012
"Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.
...and right back at ya, a used Viper is by no means a Supercar. Now, now. I think you're letting this used Viper go to your head. I know you're excited and all but don't fall into the trap of chasing "status" through a car. What's not that cool about a Challenger? Dodge brought out a cool car that channels the spirit of the old Chargers. You set the bar kind of high with your thread title. When I clicked on it I expected to see a Fastlane exit and a Mclaren (there's a dealership in the western suburbs) or a Porsche Carerra GT or a Koenigsegg or a Zonda, not a used Viper. Even a 2014 Viper SRT is still a sub-$100k car (msrp they set at least, not saying you'll be able to get one at that rate). It's still a cool car, though, I saw a newer blue one near my house the other day and it's still got "presence". But a supercar it ain't and I don't feel it gives a pass to start insulting your fellow guys in the "muscle car club", unless there's some sort of Ford vs Chevy thing going on in the Dodge community I'm not in tune with.ΕΝΔΕΚA said:
But is this not indeed the case for you? Are you not falling into the "$30k millionaire" trap?ΕΝΔΕΚΑ said:Like I said to the guy who wisely avoided buying the muscle car, when you're still coming up, stay away from luxury items.
Kinda of a dick statement bro. How would you feel if I would have chimed in and said a 15 year old, $35K used Viper is not a supercar... but I didn't. What is one man's cup of tea may not be another's ... to say one's choice in cars (or someone's reward for an accomplishment) "isn't that cool" is better kept to yourself.
What I thought I was doing was just repeating his sentiments, but people are acting like I said his car was the worst thing ever. It's a really nice car. I'd still like to have one.yes I was ballin in front of my friends and others but really I had a poor mans mentality. This car hurt me financially and after I picked up MJs book I got rid of the car and now im debt free working on my fast-lane plan.
I'd have told you that the title "I bought an old car and people commented on it" wouldn't have garnered much interest.I would have chimed in and said a 15 year old, $35K used Viper is not a supercar... but I didn't
Ok. That's not important to me, it was a good tagline for a title. However, I am curious about why everyone on here seems to be adhering to an entirely different definition of supercar than the whole rest of the online car community. Being a supercar isn't typically something that you can lose with age or value (cf. Top Gear's segment "Â£1000 Supercars," which featured old beater Lambos, Lotuses, and the like). A 355, Testarosa, 95 911 Turbo, 91 NSX, 94 Viper, and 2001 Vanquish are still supercars even though they're old and cost less than a BMW. The Gallardo won't stop being a supercar in 20 years when it costs $40K...and right back at ya, a used Viper is by no means a Supercar.
Exactly what its owner said wasn't cool, that it hurt his financial security. Nothing's wrong with the car at all, I love SRT8 Challengers.What's not that cool about a Challenger?
Why? I didn't say anything like that in the title. Every time anyone has asked me about how to get rich (except that kid at the car wash, I'll cop to that), on here, I've told them to ask someone else.I expected to see a Fastlane exit and a Mclaren (there's a dealership in the western suburbs) or a Porsche Carerra GT or a Koenigsegg or a Zonda, not a used Viper.
It would be pretty silly to tell someone to not do something in a thread that was about me doing the thing I was telling them not to do, no?But is this not indeed the case for you? Are you not falling into the "$30k millionaire" trap?
No. I've made some progress. After my initial post, people asked, so I said I'd share a progress thread, but you'll notice I didn't hype or encourage people to take an interest in or emulate my plan in the original post. I'm not preaching with any kind of authority, I observed the validity of something MJ wrote without having gone through a liquidation event, just like you can observe the effects of gravity without being a physicist. I bought something, saw something, and wrote about what I saw to encourage people that what MJ wrote seems to be right, from where I'm standing, which is not at the tail end of liquidation. As I've said to everyone else, there's a lot of authorities on the fastlane here, if you want to know about it, ask them. It says fastlane rookie right on my avatar.Where the cognitive dissonance is for me is that it seems like you want to use the used Viper as an illustration of a Fastlane success story,
Good for you. Just remember to be well on your way before you buy a Lambo. It's not like an American sports car with respect to low repair costs and infrequent maintenence frequency. With Lambos and Ferraris, what I've always heard is that if you can't afford two, you can't afford one.I have a small business and make 10k minimum a month. I am now producing two products that I think will be the real start of my 6 figure salary.
I found this site because I saw this thread on Facebook. I love this post! I am a car nut and I was in Dallas a couple months ago at the Lamborghini Dealership. I was looking at a Diablo they had there to see if I would fit in it. I have always dreamed of a Countach, but heard they are extremely small. I am 6'1 with size 14 shoes and heard I won't fit. I also knew the Diablos were a little larger inside and if I couldn't fit in it, I couldn't fit in a Countach. I fit in the Diablo! Barely, I had to take my shoe off for my foot to squeeze between the brake pedal and sidewall, but I had dress shoes on. I also learned I won't fit in the Countach as it is smaller. That may have been a blessing in disguise as I hear the Diablo is a much better car all around. It is still a V12 Lambo. The reason this post really hit home was the Diablo is actually within my buying range right now and after I realized I really could buy one I started thinking everyone's going to think I'm a rich bastard in this car. I realized right then my money attitude was off and I had a definite bias against the extreme wealthy. I am an entrepreneur, own my own real estate business, invest in real estate and I have realized you have to make it yourself by creating not working for someone else. Great post!On Saturday I bought a Dodge Viper ACR from Kansas, and drove it the 1100 miles home. The trip could have doubled as a collection of vignettes on sidewalk/slowlane/fastlane mindsets; the story MJ told about how the Countach stunned his sleepy ice cream stand was played out again and again in small towns in Kansas, Missouri, Indiana, Illinois, Ohio, West Virginia, and Pennsylvania.
-The guy who picked me up from the airport was a wonderfully kind, cheerful, and talkative gentleman. I couldn't help but feel sorry for him though, at 79 years old he described himself as the "low man on the totem pole" at the car dealership. After the printing company he worked for most of his career failed (fortunately leaving him with his pension and some money,) he became "semi retired." He chauffers people to-from the airport to pay the bills. How'd you like to be working at 79? How about working as "the low man on the totem pole?" His reaction to the Viper purchase? "Never in all my life would I have been able to afford an exotic car like that." He was three times my age and had done everything right: Got a pension, worked hard for a company, married, never divorced, went to college (you can find out a lot about a guy from Kansas in an hour).
-At my first stop, some people working at a hand car-wash came up to talk to me about the car. One particularly intent guy in his 20's seemed to be dying to say something, so I asked if he wanted to sit in it. He did, and was going crazy. then he asked me if we could drive two blocks over and buzz his girlfriend's house. I was feeling generous, so I agreed. After we waved to the stunned girl (she was sitting on her front step), I returned him to his work. He sighed, "I'll never be able to get a job that pays the bank to afford something like this."
I told him the truth: "If you want to drive a 3 series or a Lexus, get a better job. If you want to drive a supercar, create a better job."
He looked puzzled and confused, and walked away quickly without asking a follow-up.
-I stopped in Missouri to get dinner, and a crowd formed immediately. Teens leaving the local Wal-Mart took pictures while one of their parents chided, "get a good look, you'll never be able to afford it." Self fulfilling advice from role models.
-At a stop in Illinois, a guy asked me how much I paid for the car. When I told him (it wasn't very much), he just said "I hope you got good financing." and drove away in his early 2000's Cadillac before I could respond. I paid cash.
-The stop in West Virginia for breakfast was the most dramatic. The McDonald's that didn't have any other customers (nothing else was open at 4AM in nowheresville) completely emptied out: The manager, staff, everybody came out to see the car. A guy driving by pulled into the parking lot and was going crazy. When his girlfriend tried to get him to get going, he kept saying "No way baby no way, this is my absolute dream car, my dream car, I'll never be this close again. After this I'm going to have to go back to driving it in video games forever."
The amazing thing is that about two months ago I'd have been saying many of these same things, perhaps more slowlane-y and less sidewalk-y in some instances, but same deal: My job is not good enough, car is too frivolous, I'll never have it, in my dreams, be happy you have a pension, maybe when you're 65, etc.
I'm going to be creating a progress thread in the near future to illustrate how I did it. I've been working so hard on my fastlane plan the last few weeks (I wish I could say that this 31 hour trip was the only time recently I've gone a day without sleeping), that I don't really have time. As it is now, I'm just rambling my excitement, but I want the progress post to be specific, scientific, and methodical so it adds the most value to readers over the long term.
1. Do authority figures and role models tell you "in your dreams!" when you talk about financial freedom? Are you doing anything to counteract that?
2. Are you betting everything on a life that will make you the "low man on the totem pole" as an octogenarian while the bright eyed kid next to you lives your dreams in his 20's?
3. Do you get excited about the fruit of the Fastlane but then don't have that same excitement when figuring out how to plant the tree to grow it?
4. Is your solution to money problems "I need to find better job" rather than "I need to make a better job?"
5. Are you watching on TV, reading about, or playing a video game representation of your dream life, while the person you're pretending to be is out there really living it?
If so, wake up. There's a better way.
May I ask if you ever posted a public thread? I'm having trouble finding it.It's been ongoing for insiders for a while now, but the progress thread for the outside that will contain a good portion of the info will be out towards the end of this month, when I announce a big milestone in my progress. Follow me if you want to be kept in the loop; things are moving, and It'll drop on the outside shortly.
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