54 min listen
Going Off Script and Pursuing Life, Liberty, and Entrepreneurship With MJ DeMarco
Going Off Script and Pursuing Life, Liberty, and Entrepreneurship With MJ DeMarco
ratings:
Length:
56 minutes
Released:
Aug 5, 2020
Format:
Podcast episode
Description
MJ DeMarco is the current founder of Viperion Publishing Corp., a media company focused on online and print content distribution. He also is admin/founder for The Fastlane Forum, the webs’ leading destination forum for start-up, finance, and entrepreneurial business discussions. He was the former start-up Founder/CEO of Limos.com (1997-2007), a global ground transportation aggregator and marketplace that he successfully built and grew into a profitable multimillion dollar company, all with no money, no formal training, and with just a few employees. In 2001, he sold the company and later reacquired the company via bankruptcy reorganization. He later sold the company again in 2007 to a Phoenix-based private equity company. He has authored two best-selling books including The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime and UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship, his most recent work about the current landscape of life, liberty, and entrepreneurship. You can connect with him and learn more at http://www.mjdemarco.com/ Favorite Success Quote “If you accept conventional wisdom from conventional people living conventional lives. Can you expect to be anything other than conventional?” Key Points 1. Wake Up and See Through the Matrix You have been lied to. By the government, your parents, and all of society. I am not propagating a conspiracy theory, just sharing the facts. From the day that you are born, you are inundated with a bullshit script that tells you to go to school, get all A’s, go to college, get a safe job, sock aside 10% of your income and invest in mutual funds, skip the lattes, blah, blah, blah…. I am here to tell you… It doesn’t freaking work! How many multi-millionaire 65-year-olds do you know? How many wildly wealthy retirees have you met (who worked a dead-end job for the past 40 years)? And more importantly, if you have met any of these people how many were happy and fulfilled? How many were free? The script that you were fed since childhood doesn’t work. So it’s time to wake up and flip the script. If you want freedom, if you want to retire, if you want to live a life that you actually enjoy, a life where you aren’t giving up 5 days of your life in exchange for 2 (a pretty shitty ROI if you ask me) then the first step is simply acknowledging that there is a problem with the script you have been fed. Wake up, see through the matrix, and be ready to take the action required to change it. 2. The Rich Don’t Get Rich from the Script… They get rich from preaching the script! One of the biggest misconceptions about success is that the rich achieved their current success levels by following the script you see laid out for you. They didn’t. They got rich by preaching the script. They got rich by selling you on the idea of mutual funds (which they own) and stock market investments (which they control). They didn’t get rich investing in any of those things themselves, they got rich by selling that garbage to you. While compiling research for his new book, MJ examined some advice being given by Forbes.com on the topic of long-term financial wealth. The article in question was recommending a long-term mutual fund strategy starting as young as possible. Then MJ decided to see how many Forbes cover models had actually followed that advice to get rich. The results? Zero, nada, zilch. None of the world’s rich and powerful had eaten their own dog food or taken the medicine they were prescribing to everyone else. Just because you see Warren Buffet or Charlie Munger providing you with an investing strategy reliant on a long term yield of 8% doesn’t mean that it’s a strategy they actually leveraged to create their own wealth. When you are cognizant of this you will be much more wary about who you take advice from and why. 3. Learn to Provide Relative Value on a Massive Scale and You Will Become Rich Do you want to know the secret to becoming rich? Even the secret to getting ric
Released:
Aug 5, 2020
Format:
Podcast episode
Titles in the series (100)
354: David Essel: The Hard Realities of Success and the Myth of Positive Thinking: Master Business, Relationship, and Success Coach, TV/Radio Host, Author of 9 Books, Inspirational Speaker David began his career in the health and fitness industry and quickly was named “Mr. Motivation” by Lifetime Television and “The Master of... by Knowledge For Men