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The Millionaire Fastlane by MJ DeMarco

Sandor Dargo on June 19, 2019

MJ DeMarco in his book offers to "crack the code to wealth" so that you can "live rich for a lifetime". It sounds like a clickbait, doesn't it? Fa...
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Mahesh K •

One thing I noted about that book is it tells you what is wrong but it doesn't point you towards how to reach to the path and how to clear out time waster stuff. Then again, something like that happens with most of other books too.

I only took one thing out of that book, to become rich, one has to take kaizen like approach and work with what makes money and discard the rest.

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Robin Victorino •

Interesting article, thank you for this great contribution.

I have a few open questions (and would really appreciate anyone's thought on them!):

  • what about people who don't want to become rich ? Are they de facto Sidewalkers, or would they be considered by DeMarco as part of a 4rth category (those categories only applying to people wanting to become reach)
  • what's the definition of wealth in the scope of this article ? Money only, or can it be spare time, balanced/stressless life, whatever else?

Thanks again for this very clear article !

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Sandor Dargo •

Thanks for your comment. Here is how I understood the intent of DeMarco:

If you don't want to become rich you are either a Sidewalker or a Slowlaner, depending on your financial situation according to DeMarco. If you save some money for a safe retirement, you're rather the Slowlaner. He clearly says there is no problem with it, you don't have to want to be rich as long as you like what you do. If you don't like what you do and it doesn't even give a good financial perspective... Well...

I double checked and if my understanding is correct wealth is money according to DeMarco. On the other hand, you can find other authors, like Ramit Sethi, who says wealth can be something different that you define for yourself. Like a lot of free time, or just enough money to travel a lot. Take out your friends for fancy lunches, whatever.