What's up Fastlaners,
A while ago, I finished the TMF one time through fully, referenced it multiple times, and am currently going back through a full re-read.
I've gained some massive insights from this book, and the biggest takeaway of all was that of chasing needs and coloring that value into people's lives. I used to start businesses to make money, and this was really foolish, it never worked, and the businesses didn't seek to contribute much of anything.
Thankfully, I vowed to never start businesses solely focused on money, but to genuinely contribute to people's lives in the areas I saw pain points and needs, and what I had a true passion and a big WHY around. Now I start by looking for what people are struggling with, and where my skills and mindset apply best to help them. People vote with their dollar, and if you're helping them they will vote for you and your business.
I recently created this article and video, on my friend Aaron's website, in a cool location by the beach overseas. This travel wouldn't have been even possible if I had not had these mindsets instilled, and I'm very grateful for that!
MJ, this is inspired a lot by you buddy, and there are some specific lessons that your book taught me, that I've highlighted.
Going forward, my aim is to repeat these mindsets to other young entrepreneurs that are looking to get the new Benz, and big house, etc. Their attitude and results just need a bit of tweaking, like mine did! They will leave far more impact with magnitude and scale than they will with selfish motives.
Charlie Munger speaks on cognitive biases of the mind that we all fall under, and one of the biggest ones is the reward / loss bias, where we focus mainly on what we want the most. We've got to step out of this and look outward first!
Hope this is valuable to y'all
http://freedomandfulfilment.com/fill-needs-add-value-over-chasing-money/
A while ago, I finished the TMF one time through fully, referenced it multiple times, and am currently going back through a full re-read.
I've gained some massive insights from this book, and the biggest takeaway of all was that of chasing needs and coloring that value into people's lives. I used to start businesses to make money, and this was really foolish, it never worked, and the businesses didn't seek to contribute much of anything.
Thankfully, I vowed to never start businesses solely focused on money, but to genuinely contribute to people's lives in the areas I saw pain points and needs, and what I had a true passion and a big WHY around. Now I start by looking for what people are struggling with, and where my skills and mindset apply best to help them. People vote with their dollar, and if you're helping them they will vote for you and your business.
I recently created this article and video, on my friend Aaron's website, in a cool location by the beach overseas. This travel wouldn't have been even possible if I had not had these mindsets instilled, and I'm very grateful for that!
MJ, this is inspired a lot by you buddy, and there are some specific lessons that your book taught me, that I've highlighted.
Going forward, my aim is to repeat these mindsets to other young entrepreneurs that are looking to get the new Benz, and big house, etc. Their attitude and results just need a bit of tweaking, like mine did! They will leave far more impact with magnitude and scale than they will with selfish motives.
Charlie Munger speaks on cognitive biases of the mind that we all fall under, and one of the biggest ones is the reward / loss bias, where we focus mainly on what we want the most. We've got to step out of this and look outward first!
Hope this is valuable to y'all
http://freedomandfulfilment.com/fill-needs-add-value-over-chasing-money/
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
