Lucky for me, no one else saw the ad, and I jumped on it. I couldn't believe my luck when a millionaire entrepreneur was going to teach me how to be rich. He spent hours and hours and hours compiling advice on what I'd need to do to be rich. All I had to do was put it to practice and that was it. This was way too easy.
Just learn from someone who's done it already and go do it? Easy game.
I've decided to pass these notes on to someone else. I haven't decided what a fair price would be yet. I'm thinking $100k would be fair since if you put it into practice you're going to be successful, but that seems a bit over the top. I guess $10k would be a steal. Ah, what the heck I guess since I got it for free it's only fair to give others the same chance.
Warning: There is some effort to get these notes. There are several clicks of the mouse to uncover what MJ compiled, and even some typing involved. Please grab some water and stretch before we proceed.
Here we go:
Type in thefastlanetomillions.com
Go to search. Find posts by user: PhxMJ
Total Posts: 6,572
6,000+ posts made by MJ.
Isn't it weird that MJ has already written several books, and because it wasn't organized in a nice soft or hard cover option you decided to just wait until he released 1 book to make it easier on you. It just took a few clicks of the mouse and 2 searches and you have enough to material to probably cover several books.
It boggles my mind that people who want to be entrepreneurs have not read every post MJ has made.
How many people have read all the books MJ recommended if you want to be a successful entrepreneur? I would bet it's between 1-3 people on this forum if I had to guess. He's posted some here, but he posted some back in 2005/2006 that I hadn't read until the last time I went through his posts last year. One of these books literally had just about everything you need to know to be rich in it. I had never heard anyone mention it before.
It would literally take just a couple days if you wanted to go through every post he's made. A lot of them are off topic and/or maybe not related to what you're doing so you might be able to get through in 1 day.
Don't try to trick yourself into thinking you're putting in a real effort, be honest with yourself.
Many of the fastlane posts are the same topics that have been posted over and over before, even though the information is already there. Since someone doesn't want to search they just make a new post. If your time is too valuable to look it would be silly to assume that you are going to do much with the information you'd be handed anyways. In all seriousness there really shouldn't be a lot of new posts. There should be more reading, and doing. For the most part, most posts are time spent where the people making them could have been working towards their goals, instead of talking about them. Don't talk about it, be about it. How many goals threads are there compared to how many success stories. It's not a fluke.
Millionaires often spent years grinding through struggles to find out what did and didn't work and WHY. What makes you think they can tell you how in a paragraph response to your post. They can tell you exactly what type of things you need to do, but if you aren't going to do them, to keep bothering them with questions that aren't going to make you rich is just showing a lack of respect for their time.
Instead of asking "what work should I be doing to get to where you are", people are focused on "how can i get what you have." That shows substantial laziness and it's almost an insult to the person who worked so hard to get to where they got.
hey mr. millionaire since you know how to make lots of money can you tell me how. just pm me or something. holler back i'll be watching tv yo.
I stopped posting on the forums for a long time. The noise to good info ratio got to be too high. It was tough to find posts with value.
I also felt like the only people getting value out of my own posts were people who actually needed it least. This meant my own posts were not very valuable, since the value gained is going to be put to use by such a tiny amount of people.
A lot of people are good theorists on how one might make money and good at posting motivational quotes, but that's not making you any money.
There is/was a lot of regurgitation of ideas. Regurgitating things you've heard successful people say is not getting you places. Going and doing what successful people have said to do and understanding why they said it gets you places. I see this in unbelievable quantity- people posting things they've heard from others, and while they are often good in theory, they aren't making any money off of it because they don't understand the "why" behind it, and just continue to talk about the ideas on the forum rather than learning why it's successful and going to do something about it. A billionaire can whisper something very smart to you, and you could repeat it in your own words, but if you don't understand the meaning behind why what they said works, by regurgitating it on a forum you might trick some people into thinking you know how to get rich, but you won't be making any money.
What is the value of your time- if you could make $200/hr if you got a successful business going, why would you spend 10 hours/week on a forum unless in the time you are spending you are making a significant improvement in your ability to earn even more money. Regurgitating money making theory and asking repeat questions is not significantly improving the money you can make. Chances are greater by an absolutely insane multiple that if you just went and did something you'd have a higher chance of increasing your earning power than by posting on forums.
The questions you ask speak volumes about your potential to be rich. If you're going to ask a question, make it a prepared question that you've put some work into.
I used MJ as an example since everyone here knows who MJ is. There's a lot of people you can be doing the same thing with. When I was trying to learn I read most of the posts by MJ, SteveO, Russ, and Lesgee. I picked anyone's brain who was successful that I thought I could learn from. I didn't have a clue which direction I was going and probably asked a lot of stupid questions. The more I read and put in work on my own the better and better my questions got, which meant when I asked a question I would get more out of it because I now knew why that was the question I should be asking. If I constantly PMed those guys that would be pretty annoying for them, and they would probably assume I wasn't going to do much with whatever they told me since I was too lazy to do some of my own due diligence and come with good questions, so why should they waste their time. However, since I could ask questions that show I'd put forth a little effort into something, guys like that are more than happy to help you since they know if I ask them a question I'm going to go and do something with what they tell me.
It doesn't make sense to me how many people who claim to so desperately want to learn the path to wealth, who do not go to the meetups. Ya, it might cost you a few bucks that you could use for something else and a weekend of your time, but if you're not willing to sacrifice something so small chances are you are not going to make it anyways. I remember 5 years ago when I was just kind of getting started out. I didn't have much money at all but I wanted to go to the meetup so I could learn. I'd never paid for a cross country flight or spent money on hotels. It was a lot of money to me. I remember picking the cheapest hotel around that I could find for that meetup. It was pretty out of the way. I had to take a bus to find the Rich Dad offices, since I didn't want to spend even more money on a car or a cab. The hotel was crappy and I'm sure I wasn't in a great neighborhood. It would have been silly not to sacrifice those things in exchange for learning from people who knew things that I needed to learn, to get to where I wanted to be.
Stop looking for the easy way out to find your road to wealth. If it was easy it would be economically impossible to be rich anyways because everyone would be rich, which would mean that being rich, wouldn't be rich anymore.
Do not ask how, ask why. This is extremely important and where a lot of the noise posts are coming from.
To give a simple example let's take a poker player. I could show them how to print money playing poker. I could give them a formula to beat the smaller games and they would be able to beat them. If players at those levels improved, then what would happen? Well, they would either:
a. lose
b. move down to even smaller stakes and decrease their earn to make sure they kept winning
c. beg me to give them a new formula so they can keep printing the same money
Since they had not been trained why they were making the plays they were making, they would not be much smarter of a poker player, and would not know how to adjust if the games got more difficult. They were just a human robot doing something that could make them money, without actually learning something other than to copycat a successful strategy. If a year later games change they need a whole new strategy based on how the game has evolved, since they weren't trained to think, they were just trained what to do.
While I believe most people should ask substantially less questions, at the same time, if you put your work in you earn the right to ask questions. If you get to that point do not feel embarrassed to ask for help. You never become too big time to continue learning. You should always be learning. Russ was out here in Austin the other day and went to a meetup here. Russ is a successful guy. He's trying to learn some things on the internet side of business to continue to improve. Out of all the people in the room he was one of only 1 or 2 people to ask any questions. They might have seemed like relatively simple questions to people who may have already known the answers, but that's why Russ is successful. He could have been the smartest, most successful guy in the room and he was the one asking questions and trying to learn more. That's something to learn from.
If you are not sure where to start and want to make good use of your time on the forums, read posts by successful people. Ignore all other posts. Why do you want to read posts and/or ask questions about how to be rich by people who aren't rich. That has always seemed very weird to me.(don't get me confused I'm not saying don't talk to other people in the forum. it's great to make new friends with people with similar mindsets. if you want to get rich just spend your 'learning to get rich' time reading posts from those who are actually rich)
Hopefully this helps some people be more efficient about use of the forums and becoming rich.
Maybe I'll keep posting a bit if I feel like there's value in doing so, because I like helping people, and staying in better touch with those I've met. I just know for me I'd rather spend my time making millions than to talk about making millions on the internet. Both are exciting, but only one gets me my mansion and lambo.
Just learn from someone who's done it already and go do it? Easy game.
I've decided to pass these notes on to someone else. I haven't decided what a fair price would be yet. I'm thinking $100k would be fair since if you put it into practice you're going to be successful, but that seems a bit over the top. I guess $10k would be a steal. Ah, what the heck I guess since I got it for free it's only fair to give others the same chance.
Warning: There is some effort to get these notes. There are several clicks of the mouse to uncover what MJ compiled, and even some typing involved. Please grab some water and stretch before we proceed.
Here we go:
Type in thefastlanetomillions.com
Go to search. Find posts by user: PhxMJ
Total Posts: 6,572
6,000+ posts made by MJ.
Isn't it weird that MJ has already written several books, and because it wasn't organized in a nice soft or hard cover option you decided to just wait until he released 1 book to make it easier on you. It just took a few clicks of the mouse and 2 searches and you have enough to material to probably cover several books.
It boggles my mind that people who want to be entrepreneurs have not read every post MJ has made.
How many people have read all the books MJ recommended if you want to be a successful entrepreneur? I would bet it's between 1-3 people on this forum if I had to guess. He's posted some here, but he posted some back in 2005/2006 that I hadn't read until the last time I went through his posts last year. One of these books literally had just about everything you need to know to be rich in it. I had never heard anyone mention it before.
It would literally take just a couple days if you wanted to go through every post he's made. A lot of them are off topic and/or maybe not related to what you're doing so you might be able to get through in 1 day.
Don't try to trick yourself into thinking you're putting in a real effort, be honest with yourself.
Many of the fastlane posts are the same topics that have been posted over and over before, even though the information is already there. Since someone doesn't want to search they just make a new post. If your time is too valuable to look it would be silly to assume that you are going to do much with the information you'd be handed anyways. In all seriousness there really shouldn't be a lot of new posts. There should be more reading, and doing. For the most part, most posts are time spent where the people making them could have been working towards their goals, instead of talking about them. Don't talk about it, be about it. How many goals threads are there compared to how many success stories. It's not a fluke.
Millionaires often spent years grinding through struggles to find out what did and didn't work and WHY. What makes you think they can tell you how in a paragraph response to your post. They can tell you exactly what type of things you need to do, but if you aren't going to do them, to keep bothering them with questions that aren't going to make you rich is just showing a lack of respect for their time.
Instead of asking "what work should I be doing to get to where you are", people are focused on "how can i get what you have." That shows substantial laziness and it's almost an insult to the person who worked so hard to get to where they got.
hey mr. millionaire since you know how to make lots of money can you tell me how. just pm me or something. holler back i'll be watching tv yo.
I stopped posting on the forums for a long time. The noise to good info ratio got to be too high. It was tough to find posts with value.
I also felt like the only people getting value out of my own posts were people who actually needed it least. This meant my own posts were not very valuable, since the value gained is going to be put to use by such a tiny amount of people.
A lot of people are good theorists on how one might make money and good at posting motivational quotes, but that's not making you any money.
There is/was a lot of regurgitation of ideas. Regurgitating things you've heard successful people say is not getting you places. Going and doing what successful people have said to do and understanding why they said it gets you places. I see this in unbelievable quantity- people posting things they've heard from others, and while they are often good in theory, they aren't making any money off of it because they don't understand the "why" behind it, and just continue to talk about the ideas on the forum rather than learning why it's successful and going to do something about it. A billionaire can whisper something very smart to you, and you could repeat it in your own words, but if you don't understand the meaning behind why what they said works, by regurgitating it on a forum you might trick some people into thinking you know how to get rich, but you won't be making any money.
What is the value of your time- if you could make $200/hr if you got a successful business going, why would you spend 10 hours/week on a forum unless in the time you are spending you are making a significant improvement in your ability to earn even more money. Regurgitating money making theory and asking repeat questions is not significantly improving the money you can make. Chances are greater by an absolutely insane multiple that if you just went and did something you'd have a higher chance of increasing your earning power than by posting on forums.
The questions you ask speak volumes about your potential to be rich. If you're going to ask a question, make it a prepared question that you've put some work into.
I used MJ as an example since everyone here knows who MJ is. There's a lot of people you can be doing the same thing with. When I was trying to learn I read most of the posts by MJ, SteveO, Russ, and Lesgee. I picked anyone's brain who was successful that I thought I could learn from. I didn't have a clue which direction I was going and probably asked a lot of stupid questions. The more I read and put in work on my own the better and better my questions got, which meant when I asked a question I would get more out of it because I now knew why that was the question I should be asking. If I constantly PMed those guys that would be pretty annoying for them, and they would probably assume I wasn't going to do much with whatever they told me since I was too lazy to do some of my own due diligence and come with good questions, so why should they waste their time. However, since I could ask questions that show I'd put forth a little effort into something, guys like that are more than happy to help you since they know if I ask them a question I'm going to go and do something with what they tell me.
It doesn't make sense to me how many people who claim to so desperately want to learn the path to wealth, who do not go to the meetups. Ya, it might cost you a few bucks that you could use for something else and a weekend of your time, but if you're not willing to sacrifice something so small chances are you are not going to make it anyways. I remember 5 years ago when I was just kind of getting started out. I didn't have much money at all but I wanted to go to the meetup so I could learn. I'd never paid for a cross country flight or spent money on hotels. It was a lot of money to me. I remember picking the cheapest hotel around that I could find for that meetup. It was pretty out of the way. I had to take a bus to find the Rich Dad offices, since I didn't want to spend even more money on a car or a cab. The hotel was crappy and I'm sure I wasn't in a great neighborhood. It would have been silly not to sacrifice those things in exchange for learning from people who knew things that I needed to learn, to get to where I wanted to be.
Stop looking for the easy way out to find your road to wealth. If it was easy it would be economically impossible to be rich anyways because everyone would be rich, which would mean that being rich, wouldn't be rich anymore.
Do not ask how, ask why. This is extremely important and where a lot of the noise posts are coming from.
To give a simple example let's take a poker player. I could show them how to print money playing poker. I could give them a formula to beat the smaller games and they would be able to beat them. If players at those levels improved, then what would happen? Well, they would either:
a. lose
b. move down to even smaller stakes and decrease their earn to make sure they kept winning
c. beg me to give them a new formula so they can keep printing the same money
Since they had not been trained why they were making the plays they were making, they would not be much smarter of a poker player, and would not know how to adjust if the games got more difficult. They were just a human robot doing something that could make them money, without actually learning something other than to copycat a successful strategy. If a year later games change they need a whole new strategy based on how the game has evolved, since they weren't trained to think, they were just trained what to do.
While I believe most people should ask substantially less questions, at the same time, if you put your work in you earn the right to ask questions. If you get to that point do not feel embarrassed to ask for help. You never become too big time to continue learning. You should always be learning. Russ was out here in Austin the other day and went to a meetup here. Russ is a successful guy. He's trying to learn some things on the internet side of business to continue to improve. Out of all the people in the room he was one of only 1 or 2 people to ask any questions. They might have seemed like relatively simple questions to people who may have already known the answers, but that's why Russ is successful. He could have been the smartest, most successful guy in the room and he was the one asking questions and trying to learn more. That's something to learn from.
If you are not sure where to start and want to make good use of your time on the forums, read posts by successful people. Ignore all other posts. Why do you want to read posts and/or ask questions about how to be rich by people who aren't rich. That has always seemed very weird to me.(don't get me confused I'm not saying don't talk to other people in the forum. it's great to make new friends with people with similar mindsets. if you want to get rich just spend your 'learning to get rich' time reading posts from those who are actually rich)
Hopefully this helps some people be more efficient about use of the forums and becoming rich.
Maybe I'll keep posting a bit if I feel like there's value in doing so, because I like helping people, and staying in better touch with those I've met. I just know for me I'd rather spend my time making millions than to talk about making millions on the internet. Both are exciting, but only one gets me my mansion and lambo.
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