What's new

How My Friend Became A Millionaire

Anything related to matters of the mind

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 38,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block and all non-sponsor ads.

kebman

Contributor
MEMBER
Read Fastlane!
Joined
Jan 21, 2022
Messages
35
Location
Oslo
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 achieve 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-circl, 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
Allow me to just rip off the band aid in the first paragraph. This story is not about how you get rich quick. Though it’s certainly a story of how one man got rich a lot quicker than most! And I’m really sorry to say this, but that was through hard work and discipline from an early age... But there might still be tidbids in there to learn from, so I decided to write it down anyway. It’s not the only story I have, so allow me to start with the most “boring” one first lol. It’s not strictly a rags-to-riches story either, but it is a normal-person-to-riches story. And I have more where that came from, so let’s start!

My buddy is very smart. Yes, nearly as smart as I am lol! Most likely even sharper! So he was always best in class. But it wasn’t all smarts that got him there. He liked to hang out with me and my buddies, after all, so he couldn’t be that smart, right? But he did have one trait that set him apart from us. He was extremely regimented and disciplined. He was, in short, extremely one-sided when it came to work, and so he had no “extra-curricular” interests outside of shooting the shit with us sometimes. So he’d get up at a set time, eat the same thing for breakfast every day, go to school, study hard, and he’d only ever come out and play once all his homework was done. (Some motivation for your kids there lol.) Later on when he became a grown-up, he’d also work out at a very regimented schedule, focussing more on muscle building than regular fitness.

Meanwhile me and my buddies would have various interests, everything from having to finish that Netflix series to whatever weird timewaster we’d get into, the main difference being that he only did that after he was done with all his chores. He just shoved all that fun stuff aside to give single-minded focus on his training and career first. And it paid off.

As for his background, he came from a pretty standard middle-class income family. Sure, they lived in a house, and his father ran a pretty successful flower shop in my small town. So he wasn’t poor. But they weren’t really rich either. What he came from was pretty normal, though a step up from those living in block apartments for sure. His boys room was the basement lounge of their house, so a tad bigger then most of my friend’s rooms, but not terribly so. Think That 70’s Show. So that’s where we’d usually to play board games and such, but without the smoking.

So while he possibly wasn’t “the smartest” he certainly was “the smartest and most disciplined.” With such a single-minded focus every day, he was able to finish best-in-class in most topics, and thus also stood first-in-line for what he wanted to study at the university, and thereafter the jobs he wanted when he ended his law degree.

From there on he quickly got in a pretty strong financial lead compared to most of my buddies. His starting pay was far above average, and his raise at the end of the year was also way bigger then most of what my friends got. Remember, he graduated best in class. And so he naturally got his own apartment far earlier than most too.

This is pretty important, because having your own apartment is what gives the boost to most of those who can manage it, at least in my country. Because if you’re smart, you sell your apartment off for a profit after a time, and then upgrade to a new one, and preferably one you can restore yourself for extra profit. Some call that house flipping, but in his case he only did it once or twice. Meanwhile he would also do a bit of house-hacking and rent out the extra rooms in his apartment, usually to a buddy of ours. In fact it quickly became a hobby of his to peruse property and real estate ads. He would constantly be looking for new deals on the market, and so he was kind of a go-to guy when it came to real estate advice among our buddies.

At some point he got tired of his job, and took a year off to do other things, among them becoming the director of a sports team he was really into lol. Meanwhile he notably also started reading book upon book on investment and stock market trading. And he didn’t just read about it. He also took action and invested all his surplus money into the stock market. This had its ups and downs—at one point he lost tens of thousands—but eventually he earned way more on trading and investing than on his job. And so one sunny morning he simply walked into his boss’ office and told him that he wanted to retire. Man, for sure a dream moment for most in here!

I don’t remember if this was before or after he turned 40, but it’s pretty close. :) So before that time, he already had a hiatus year as a sports manager, and he still had enough left over to retire! The next thing he did was to buy a huge house in the sticks, and then he moved there to raise his family.

And then he lived happily ever after! Or did he?

What I left out are of course all the personal struggles and the relations he had on the way; hobbies, quirks and beefs that most people go through. Outside of his disciplined study and work life he had a pretty normal social life, and he was as passionate about sports as any working-class hero.

The story does not quite end there, though. Because after all, he’s not “retired-retired.” Remember that burgeoning hobby I spoke of; closely following property and apartment ads? Yeah, he has since turned this into his new job, with the exception that he’s now his own boss.

When he found out what he really wanted to do, he quickly started networking with all the local real estate magnates that he could find. As a former business lawyer he of course has the ability to stamp out iron-clad contracts for them. But more importantly, through his extra income and wealth, he now has capital that he can use to join them as partners in bigger construction projects. So while he’s “retired” now, he might still end up this country’s richest man. In other words, he’s not just wealthy, but he’s even got the influence to physically change how the streets in this country looks.
 

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom