- Joined
- Oct 10, 2019
- Messages
- 21
Rep Bank
$195
$195
User Power: 67%
First things first,
* I read The Millionaire Fastlane and loved it!
* I read Unscripted (and keep re-listening on Audible periodically while driving), love the principles, love the style even more.
In January 2022 I turned my corporate badge in and said goodbye to my W2, bi-weekly paycheck, and cheap medical insurance.
I have achieved the Unscription via rental properties. Now I earn more than money, I earn time (Chapter 36).
The high level process was as the following:
1. Read Rich Dad Poor Dad. MJ kind of mocked Robert yet principles both authors preach are 100% in sync, so I focus on what's important - the principles vs. mockery. Grant Cardon mocked Robert too yet what Grant preaches is 100% same what Robert did 20 years back. Love Grant's books and style as much as MJ's though.
2. Anger as in "it cannot be true!" followed by "why no one told me this before?!"
3. Running numbers and further research that supported everything I read.
4. 2016 - Purchasing my first rental to test full cycle, following few more purchases the same year after gaining confidence.
5. Going into equity growth mode - getting my hands on every possible financing to buy more rentals as long as they cash flow positively.
6. Inflection point - generating enough passive income to sustain my life style.
7. 2022 - Saying goodbye to my day job.
8. Going into value mode - focusing on cash flow growth vs. equity growth.
9. Unscription.
Yes, passive income is possible.
Yes, it requires time and effort to get to it.
* I read The Millionaire Fastlane and loved it!
* I read Unscripted (and keep re-listening on Audible periodically while driving), love the principles, love the style even more.
In January 2022 I turned my corporate badge in and said goodbye to my W2, bi-weekly paycheck, and cheap medical insurance.
I have achieved the Unscription via rental properties. Now I earn more than money, I earn time (Chapter 36).
The high level process was as the following:
1. Read Rich Dad Poor Dad. MJ kind of mocked Robert yet principles both authors preach are 100% in sync, so I focus on what's important - the principles vs. mockery. Grant Cardon mocked Robert too yet what Grant preaches is 100% same what Robert did 20 years back. Love Grant's books and style as much as MJ's though.
2. Anger as in "it cannot be true!" followed by "why no one told me this before?!"
3. Running numbers and further research that supported everything I read.
4. 2016 - Purchasing my first rental to test full cycle, following few more purchases the same year after gaining confidence.
5. Going into equity growth mode - getting my hands on every possible financing to buy more rentals as long as they cash flow positively.
6. Inflection point - generating enough passive income to sustain my life style.
7. 2022 - Saying goodbye to my day job.
8. Going into value mode - focusing on cash flow growth vs. equity growth.
9. Unscription.
Yes, passive income is possible.
Yes, it requires time and effort to get to it.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
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
