MJ DeMarco and The Millionaire Fastlane | DO 35

The Do Over guy interviews MJ DeMarco, the author of Matt’s newest favorite book.. “The Millionaire Fastlane.” This is a life-changing episode! Don’t let the title of the book fool you. This is not a “get rich quick” book, yet after reading this gem and by following DeMarco’s blueprint for becoming a millionaire, you’ll agree that there probably isn’t a “quicker” way to reach millionaire status. If you are a fan of Robert Kiyosaki, Dave Ramsey, Suze Orman and/or Tim Ferriss, this is a must read. You are going to love this book. Tune into this episode for a quick sample.

The Do Over guy interviews MJ DeMarco, the author of Matt’s newest favorite book.. “The Millionaire Fastlane.”  This is a life-changing episode! Don’t let the title of the book fool you. This is not a “get rich quick” book, yet after reading this gem and by following DeMarco’s blueprint for becoming a millionaire, you’ll agree that there probably isn’t a “quicker” way to reach millionaire status. If you are a fan of Robert Kiyosaki, Dave Ramsey, Suze Orman and/or Tim Ferriss, this is a must read. You are going to love this book. Tune into this episode for a quick sample.

 

 

Resources mentioned in this episode:

  • http://FreeDoOver.com
  • http://MillionaireFastlane.com
  • http://FastLaneEnterpreneurs.com
  • http://TheFastLane.com

Podcast Transcript:

Matt:  Hey, this is Matt, “The Do Over Guy,” and this is Your Do Over: Episode 35.

Announcer: During an era where countless people, businesses, and organizations are feeling the pinch, running out of time, running out of money, losing confidence, feeling as if life is unfair, praying for another chance and unless something is done, life is going to pass them by. Life is going to pass them by.

Fortunately, in the nick of time, there is now a place where the ignored, underestimated and unknown steps to producing results and making life work are revealed. Save your career. Save your business. Save your health. Save your relationships. Save your life. Get from where you are to where you want to be, faster and with greater ease than you ever thought possible.  Say, “Hello!” to Your Do Over.

Matt:  Welcome to Your Do Over, coming to you live from downtown Los Angeles. This is the place where I show people who want more out of life, people dissatisfied with their current situation, how to start over and begin a new life, setting goals and objectives so they can create wealth and live life to the fullest.

You can jumpstart your Do Over and lay a solid foundation for a better life by downloading the Three Pillars of Creating the Ultimate Do Over for free at FreeDoOver.com. It’s a 55-minute mp3 audio program that I made just for you with three specific steps on how to get success as you start over.

The Three Pillars of Creating the Ultimate Do Over will put the legs under your table. They will lay the foundation for you to achieve. They will act as your traveling success coach, and they’re yours for free at FreeDoOver.com.

Okay.  So today’s show, I want to talk about books.  Specifically those books that literally change your lives.  I mentioned it briefly at the end of the last episode, which is Anthony Robbin’s book “Awaken the Giant Within.”  I mean that book actually transformed me into a different person after I read it.

I learned what emotions really mean, why we have them, how to use them as oppose to them using us.  I learned how to actually communicate with myself, how my brain works, and impact the words we use have on our lives.  I mean I’ve read that book multiple times and it’s almost a different book every time I read it because I’m different after each reading.  I mean I’m literally a different person after every time I read it.

And Robert Kiyosaki’s book “Rich Dad, Poor Dad” and his other book “Cashflow Quadrant,” those two they turned my life upside down and rendered me completely unemployable. I know if I had these two Kiyosaki’s books prior to starting my record label back in 1994.  I don’t think there would be a need for my Do Over. I mean there would be no Do Over guy.  What I mean by that is today, my focus isn’t necessarily on making money like it used to be.  It’s more on making assets, creating assets that produce money.

I mean if that were my focus in the music business from the very beginning, I’m confident my life would have ended very, very differently.  And the “4-Hour Workweek” by Tim Ferriss, I mean that was another real game changer for me.  If for nothing else of just being introduced to the world of virtual assistance, learning how to delegate, I mean I’ve been using freelancers for the last couple of years for editing, web designs, logo design, website maintenance.

I mean jobs that need to be done but they take such a great deal of time.  I mean especially if you have to start from scratch, if you have to learn how to do them yourself before you can actually do them.

The learning is one part but the doing is another part entirely.  Those types of tasks can be real time stealers.  I mean in fact I’m actually hiring a full time virtual assistant this week.  As I’m really falling behind on my website maintenance.  I don’t know if you’ve noticed but I haven’t had a blog post up in weeks.

I mean I haven’t had one up in months from my real estate website. I mean my Youtube is grossly behind and flat out stagnant really.  And my podcast transcriptions, they’re behind so my apologies if you’ve been looking for the transcriptions.  I’m just behind.  I’m getting ready to start a new book.  I’m getting more coaching class than I have time for.

I don’t know what I would do if I didn’t learn of virtual assistance and how to delegate from the “4-Hour Workweek.”  I mean I was always under the impression that I was going to have hire employees.  I was going to have to expand and do this giant company.

But the “4-Hour Workweek” opened my eyes that you can grow and expand without necessarily expanding personnel.  You know that book continues to affect my life 3 or 4 somewhat years after having read it.

When a friend a couple of years ago introduced me to Jeff Olson’s book “The Slight Edge.” I mean distinction within that book, the distinction that every decision matters.  I mean completely altered my mindset.  My day-to-day activities don’t remotely resemble what it did prior to reading that book.  I mean those are 4 books that have changed my life. I read them all multiple times. I continue to read them again and again.

Well as I alluded to at the end of the last episode, I stumbled upon a new book of which I’m adding to this collection.  And in many respects, it is arguably my number 1 or my number 2 favorite books of all time.

I will be referencing and recommending this book for a very long time to come.  The book is “The Millionaire Fastlane” by MJ DeMarco.  Its title and even the cover are actually my eligibly this is some sort of some sort of get-rich-quick book.

And if you think that, you would be right.  However the word “quick” is a relative term in relation to the 40-year plan we all had instilled in us.  You know the “go to school, get good grades, go to college, and get a good job” plan.  The plan that says to live below our means, pay yourself first, and put away 10% of your income in a CD or a for long K with the hopes by age 65, you’ll enough to retire.  That plan, well in relation to that plan.  Yes it is get rich quick.

Quick being defined in essentially in a decade or less or more like really 3 to 5 years.  And don’t confuse this phrase “get rich quick” with “get rich easy.”  I mean it still work.  It still takes effort.  It takes focus and it takes patience and it takes persistence.  But the rewards and potentials are infinitely greater with essentially same amount of risks.

I mean if you have to choose between the “get rich quick” plan and the safe conservative “get rich slow” plan. I mean if you really stopped to analyze the two and the way MJ DeMarco has in his book, well you’ll be able to draw your own conclusions but I left with the very new distinction.  There’s a lot more risk in the “get rich slow” plan.

In fact, I left with the idea with the words “Scam” as it is often associated with “get rich quick.”  That word “scam” should probably be more frequently associated with “get rich slow.”  That was my conclusion at least.

Nothing I didn’t really already know or didn’t really already think but now that I thought and that belief that knowledge is so much stronger.  And if “Rich Dad, Poor Dad” didn’t render me certifiable unemployable, MJ DeMarco’s “Millionaire Fastlane” has sealed the deal.  I mean he put the nail in the coffin.

Not that I was contemplating getting a job but it certainly has me thinking about all of the people that I know have jobs.  It’s like if they only knew.  I mean if you’re listening right now and you have a job.  No worries.  No worries.  There’s nothing wrong here.  Just know that you got to start making your way out.  Well let me clarify if you want to experience any sort of the good life, any sort of freedom while you’re still young enough to really enjoy it then you got to start creating a plan.  A plan to exit the slow lane and get into the fast lane.

I direct them in to your first step is picking up “Millionaire Fastlane” ASAP.  I mean for nothing at all just to know the difference between the two, the difference between the slow lane and the fast lane. I’ll think you’ll be surprised by what differentiates the two.  It’s probably not what you think.

And then there’s the sidewalk also.  I mean that’s the most dangerous place to be.  Anyway, I don’t want to spoil it.  It’s a life changer.  Today’s episode, we’ve been blessed to have the author himself on the show, Mr. MJ DeMarco.

MJ, thanks for joining us today.

MJ DeMarco: Hey Matt, thanks for having me.

Matt:  You bet. You bet.  You know to get started, can you give the listeners a little bit of your background and describe some of your past accomplishments?  What are you up to today and we’ll get to your book?

MJ:  Oh sure.  I was the SEO and founder of Limos.com, which was a global ground transportation aggregator basically.  If you were looking for ground transportation straight from the airport, you know from New York to your suburb or something.  You can use my site to find the company.

I started that company when I say SEO and founder, it sounds like a big thing but really I just started that company with no experience, no money. I started it pretty much self-taught myself everything.  I was always in the library reading books, grew the company to a multi-billion dollar value.  Actually, I sold it twice.  I sold it once during the dot com craziness. And the company that ended up buying it bankrupt and I ended up buying it back.  I took it back and made it profitable, cash flowed, and profited anywhere from 5 to 6 figures per month.

Then I sold it again in 2007.  And that was when I’d like to say retired although it was more of a semi-retirement because when you say “retirement,” people would think, you know, you’re on a golf course playing bridge.  It’s not what I was doing but one of my dreams was actually to write a book.  The book I wrote is “The Millionaire Fastlane.”

My thought process to that was I want to actually to write a book just to kind of expose the truth about what’s going on out there in terms of your personal finance and money. I wanted to do it without having to up sell my readers into some other seminar or you know finding other products today.

I take it that a lot of your listeners’ maybe even yourself are familiar with you know with a lot of these financial books.  They seem to be 300-page up sell into some other program or you know membership websites worth $5,000, which is something I don’t want to do.

So it’s my dream to write this book, get it out there, and you know see how it would do and how the market thought about it.  That’s riding my life right now.

Matt:  Awesome.  You have an amazing story.  And this is particularly one of the reasons I asked you to come on today. I’ve also asked you to join us today because of your book.  And as it’s one of those books that I’m always going to reference.  I’m always going to mention it to others as a “must-read.”

I mean it’s really become one of my favorites, really, really fast.  I really, really loved it.  I found my self as I was reading it or more of like “yeah. You tell them.  That’s right.  Exactly.”  You know?

MJ: (laughing)

Matt:  What’s everyone’s problem?  Why doesn’t everybody get this?  I mean there’s just so much brilliance within your work and there’s so much that I want to discuss with you.  I know we’re somewhat limited on time but it was really tough to know down what to discuss.  I guess that’s why everyone’s going to have to be loud and get it and read for themselves.

But what was really tough was to formulate questions because the book just seems to be filled and replete with answers.  I mean I totally get it.  You know?  Having said that, there were a few distinctions though that really jumped out on me.  One in particular with regard to when someone might ask you how to get rich and although that you likely have an answer for them.  Your initial advice more along the lines of “stop doing what’s making you poor.”  Can one be done independently of the other or one is more important than the other?

MJ: I don’t think so.  I mean as you may read the book; I think it’s a formula.  And if you skip the parts of the formula, you’ll going to have problems.  It’s like if you’re going into to bake a cake then someone says, “Oh, let’s try to bake this cake without the flour.  Can we do it?

Obviously the answer is no.  I think you need the entire formula.  That’s why the front half of my book actually goes into why most people will never get rich.  It’s because they never use the entire formula.  They’re using part of the formula.

They’re using a road-focused plan something like you know investing in real estate.  Those are road-focused strategies that comprise the entire formula.  I mean the great example I love to use is I just post it in my forum, “10 NFL Superstars That Went Bankrupt.”

Well these people made millions and millions of dollars over the years and now they’re bankrupt.  Well obviously they have an approach to making money but they missed the entire formula, which is why now they’re bankrupt.

So I believe you have to have the entire formula.  That is one of the reasons why the book is so damn long.  It’s one of the feedbacks that I get, which is that it’s awfully long.  That’s why I put the entire formula in there.

Matt: Right.  You know, I was bummed up because it wasn’t in audio.  I’m such an audio guy so it’s probably the first book that I actually read in quite a long time but I did read it from cover to cover.

You know what?  There’s not a wasted word in there.  It was really a nice page-turner.  Another very interesting distinction that you expound on in great length is that get rick quick.  It carries a very negative connotation within our society.

The first word that comes to mind upon hearing “get rick quick” is the word “scam.”

But if I read this right, should one leave your book with the ideal that get rick slow as most of the country is been taught to do is even a bigger scam.

MJ:  Oh I truly believe it.  It’s a big scam.  It is as risky if not more risky.  It’s because it’s predicated on a whole idea of hope and time in 40 years of hope and time.

Think about it.  If you don’t have a job, can you save money?  If the stock market doesn’t give you any 8% in 40 to 50 years, can you save money?  I mean it’s predicated in all kinds of factors that you can’t control.

And you’re supposed to do it for 40 to 50 years then one day when you’re 70 years old, you know you’re going to be rich.  The other thing about the plan is just the minus and connotation to mediocrity.  It’s telling people to think small and to think mediocre.

I mean some advice is you got to stop going out to dinner.  You know spending money on expensive Starbucks, spending money on expensive meals at restaurants.  You know there is a research that tells us that social spending is a core component of happiness.  Social spending is going out with your friends, you know spending time with them. Yet you know the slow, the “get rich slow” plan is pretty much clean to us to say you know what?  Accept a life of mediocrity.  You know, I don’t know about you but that’s not how I want to live my life.

Matt:  Absolutely not.  You know can you quickly describe the difference between the sidewalk, the slow lane, and the fast lane?

MJ: Sure.  I mean I covered this pretty much.  There are 3 paths in my book that say you know this is the path you are on.

The one most people subscribed to is the sidewalk.  The sidewalk is basically the plan where there is no plan.  Basically you take every dime you earn whether it’s from your paycheck or from your business profit or your last music gig or whatever you are making, you are spending.

You spend it immediately on the new gadget.  You look good in a nice new car.  You live in a house that’s huge.

 

The bottom line is whatever you are making you spend. There’s no savings and there’s no plan.  I like to say the sidewalk really doesn’t care how much money you make because it’s never about the money you’re making.  It’s about your spending.

This is why we have these NFL athletes going bankrupt is because they are making the big money but they are also spending the money.  They have no financial plan.  A seating, I’d like to say is scenery. Side walkers, you know, the poor side walkers are way focused on their $900 mortgage.  There are rich side walkers and are worried about their $ 9,000 mortgage.

I mean the ways are the same but the scenery is different.  So that’s the sidewalk.  It’s usually the people who are concerned about instant gratification like a quick fix.  A lot of them engage in “get rich quick” type thing.  They go lotteries.  They go to casinos.  They look for the events of wealth, which unfortunately do not exist.

The slow lane is actually a graduation from the sidewalk.  Usually side walkers become toll winners.  They would go like,” you know, this isn’t working.”  I got no money, you know.  I’m in debt.

So the side walkers graduate to the slow lane.  It’s pretty much what we have been taught but the mainstream financial gurus, a lot of our parents and colleges.

This is what they teach.  What they teach is “go to school, graduate, get a job, save 10% of your paycheck, put it in the stock market for 50 years because after 50 years it will be worth billions of dollars.”  Live mindlessly.  Stop buying expensive copy.  Buy used cars.  Cancel those other movie channels.  Just live in existence of mediocrity and then one day your shining moment of retirement will come when you are 70 years old.  That’s the slow lane.

As I’ve mentioned you before it’s predicated on hope and time because millions of people are discovering jobs.  If I don’t have a job, that plan doesn’t work.  What the job I have is totally underpaying me for what I am worth so that plan doesn’t work.  When the stock market loses 40% of your money in one year like it has recently.  That plan doesn’t work.   So that is the slow lane.

I believe that it just a bigger gamble than what people says is “oh study business.  That’s risky.  Are you kidding me?”

Matt:  (laughing)

MJ:  You want to take a 40-year gamble and you think that it’s not risky?

Matt:  Right.

MJ:  So those are the two lanes, the sidewalk and the slow lane.  It’s a controllable strategy that obviously involves entrepreneurship, studying a business that fundamentally solves a needing market place or a paying point or a problem.  And scaling that to a large audience.

When I say larger audience, I didn’t mean it has to be the masses.  It could be a niche community.  It could be a smaller group but it is scaled when you have the opportunity to impact millions.

And the fast lane is something that removes the hope and time with control and leverage.  This is why I’d like to say “get rich quick,” sounds negative but it exists.  That’s because the people have leverage. The fast lane has control and leverage.  It controls the business.  An economic reset doesn’t impact them as much.

You are not bound to the limitations of mathematics, which is 24 hours a day or a new salary, which is again predicated on time.

So those are the 3 roads, the fast lane, the slow lane, and the sidewalk.

Matt:  Got it.  When I first heard of the analogy of using the side walk, slow lane, and the fast lane, I kind of thought I knew what it meant but after reading I really didn’t put so much time and effort processing this three distinctions.  They’re really useful tools.

You know, you generously shared about in the book your success.  You shared about your many struggles and your many challenges and your failures.  You know the failed businesses, failed opportunities, your experiences and interactions with MLNs and how your late night infomercials id customers.

What is about your customer, I was into that one time by the way.  What is about the limo.com business that was different?  I mean what clicked allowed you to finally experience a significant success?

MJ:  It’s actually approaching the marketplace based on what I need and what you wanted.  That’s I see what are the problems today. I see a lot of these entrepreneur books.  They’re so self-centered.

It makes me laugh.  It’s like teaching people “oh you are special.  The university will give you what you want because you love doing this.  Oh it’s your passion.”  So you know, it’s all bulls%$^.

Mediocrity doesn’t care about what you love and what your passion is.  It’s like you know a selfish kid what the hell can you do for me?  Your great example I’d love to use is if you are selling ice in the Arctic, it doesn’t matter if you love doing it.

Matt:  Right.

MJ:  Now, the market doesn’t need it.  You can love it.  You can be passionate.  You can do whatever you want to the market that doesn’t need it.  So my turning point was to realize that I got to start looking at the marketplace and what it needs, what it wants, finding customers, or people that will give you money for some reason that you offer meaning there is a need for it versus attacking the market.  They say, “Oh I love doing this so I’m going to do it.”

I call this “do what you lovers” because no one needs it or everyone is doing what they love, which means the margin and the space is so crowded that you have to lower your price and you don’t make a profit.

So to answer you question, I believe that the first breakthrough that I had was attacking the marketplace based on the fundamental need that existed versus saying “oh, I love doing this so I’ll do this or do that.”

Matt:  Got it.  Okay.  After the initial sale of the limo.com business, you tell the story of how you walk through a significant part of your proceeds really, really fast.  Although you had made a good chunk of change, you still had a sidewalk mindset. Was there a pivotal moment where you left the sidewalk for the fast lane for good or was it gradual exit?

MJ:  No.  It was a, I’m picturing a frying pan on my head. (laughing)  So yeah.  I found the sidewalk and experienced my own wisdom.  You know, the first installment check that I got years ago when I sold the company was $250,000.

I immediately pretty much blew half of it.  You know?  The cars, the nice clothes, all of it.  I realized that after buying that new technology. I realized, “wow!  I pretty much blow it again.”

Matt:  Uh-huh.

MJ:  That’s when I realized that you know what? It’s not as important as what you are making, it’s what you’re spending.  You know what?  If you can accumulate a large sum of money working 3%, 4%, or 5% interest on that could build a substantial amount of money perm month 100% passively.

Let’s say, you know what? I’m going to start saving most of what I make.  This may scare a lot of people but when you make $150,000 a month, saving $140,000 is pretty easy because you just have to keep your expenses in check.  I did blow up my expense line with cars and stuff I didn’t need so yeah.  That experience sidewalk started made me realize.  I know I did.

Matt:  Definitely.  You mentioned in the beginning of your “Entrepreneurial Pursuits” that support from your friends and your family was noticeably waning with each failure to the point where you know you had no support at all.  Correct me if I read it wrong.  Many of the listeners of this show, they suffer from lack of support from their friends and family, oftentimes most tragically their significant other.

Do you have a certain mindset or strategy that enables to persevere despite the lack of support from your environment?  How would you advise someone to stay focused and motivated under the same conditions?

MJ:  I think the lack of support is pretty common because when you step out what’s normal.  I mean this is considered abnormal.  The normal is go, get a job and follow the advice.  That’s normal so when you step out outside the normal, you’re going to encounter resistance.

I think the resistance actually fueled me to rebel.  I consider myself to be a rebellious type so the more I saw that mentality, the more I wanted to rebel against it. So how do I trudge forward?  Read books, great books.  I buried myself in books written by people who thought like me, people could teach me, people who were investors, entrepreneurs.

One of the books said is Tony Robbins’  “Awaken the Giant Within.”  The power of the book is the most underestimated thing we have.  You pick up a book like someone picks up my book and reads it.  Essentially they’re having lunch with me for 9 hours.

I mean you can go pick up a book by Tony Robbins.  You’re going to have lunch with him so 10 hours.  You can pick up a book by Donald Trump.  You’re going to have lunch with him fro a few hours.  I mean anytime you’re going to read a book by one of these authors that has something critical to tell you, you’re having lunch with them.

So that’s what I did.  When I had my business, excuse me, when I was working as a limo driver.  I had so much downtime that I taken it back of the cab and I would read.  So while I was waiting for planes at the airport, I was reading a book.   Every time I sit in the toilet, I read a book.  Every time I go in my car, I have my audio book.

I was constantly filtering my mind with things that supports my objective and my goals.

Matt:   It’s funny that you mentioned, “Awaken the Giant Within” because I’m sitting trying to decide what is my favorite book of all time.  Is it that one or yours?  Believe it or not so you have read that book probably.

MJ:  You thought that mine was long.

Matt:  Yeah, I know.  Yours is a breeze.  It’s like reading.  Yeah.  Awesome.  You know when it comes to doing over in life or anything for that matter, it is important to learn from past mistakes that you don’t find yourself doing over again.

You cover this, I think, brilliantly in your chapter about hitchhikers and the difference between being responsible and accountable.  Can you expound on that and maybe go a little bit more, what is the law of victims also?

MJ:  Well, a lot of people are struggling financially because they have given up control.  The law of victims basically says that since you gave control over somebody else, you become subjected to becoming a victim, which is why we have millions of people who are struggling financially because they gave the power to the economy.

They gave the power to a business.  They can say, “we don’t need you anymore.  We are running you off.”  So when you give control that’s when we have these financial failures.  After we do this, bad decisions or bad choices are just that people fall into what they were told to follow.

The responsibility and accountability is about recognizing the mistakes you made or the choices you made then adjusting your actions in the future to become accountable.  The example is if you are over, if you are admitting responsibility to over directing your checking account.  But you continually do it week after week that means you are responsible but not accountable because you’re not modifying your behavior.

So as hitchhiker, hitchhikers like to climb on someone else.  Climb onto some other entity or some other foundation and then ride the quota that sets up for disappointment.  A great example is if you join an affiliate market company and you help them sell their products.  The affiliate company decides to change the terms then immediately you’re out of business.

You just saw this on Amazon in California when they disrupted and canceled 25,000 affiliates in California.  People were screaming, “oh my God, are you just here for money?”  You know, the help and so on.

Well within one swift stroke, everything was gone because they were hitchhiking another company.  I like to say when you start hitchhiking.  You need to be the driver so no one can pull those strings on you.  Same thing happens to multi-level marketing.  I used to work for networking companies.  One company that did pretty good but eventually ended because the company ended up changing things.  They swooped out under the rug of the modern wham.  Within a few months, the income is gone.  The hitcher hiking relationship is where someone has the power to disrupt what you’re doing.  That’s a formula with a high level of risks.  So I suggest avoiding that.

Matt:  Right.  As this is the Do Over show, the theme being taking people’s hindsight and transforming into foresight.  You know, learning from others’ mistakes can be a significant shortcut of sorts.  Can you give at lest one more if you wish but can you give at least invaluable lesson that you learned from a past failure or failed attempt specifically the type of lesson or mistake you swear you’ll never make again?

MJ:  (pause) Well, the worst indecisions I made weren’t business-related.  (Laughing)

Matt:  (laughing)

MJ:  Do you want to hear about that?

Matt:  Sure.  This is not a business show.  It has to do with doing over with anything.

MJ:  I did say I had books like it’s not a secret or anything. I just bought a beautiful house -on the mountain.  It just needed to be remodeled.  I hired a contractor without a significant diligence check.  A 6-month project turned into a 3-year ordeal.

I ended up getting sick.  You know what?  It’s my fault.  That’s the responsibility and accountability that we just talked about.  It was my fault.  I made the decision.  I am the idiot himself who hires the idiot.

Matt:  (laughing)

MJ:   So now in the future, I’ll do a diligence check when I hire someday.  I didn’t even go as far as checking f I want to date.  I would Google the woman’s name.  I do diligence checks now.

So again, that was probably the worst decision I’ve ever made in my life probably because I got sick during that process.  Health is one of the main constituents of wealth.  So if you don’t have health, you don’t have wealth.

Matt:  Right.  Right.  You know I always like to end interviews on a positive note so MJ up to this point in your life, what are you most proud of?

MJ:  Being able to help people, being able to actually do what I love and not to worry about money.  That’s one of the most fundamental things I talk about.  I can write a book.  I can reach people.  I give emails everyday to people saying that “you changed my life, things are crystal clear.”

I can do that without having to worry about, “oh my God, I have to sell more.”  I have to do this or do that.  That’s the power of the fast lane.  You can actually normally do what you love and not have to worry about the money.

An example I use is that I play piano but I suck at it.  Well I can do it because I love it.  I can do it all day and not have to worry about money.  See that we have the money into the equation that doing what you love can potentially turn into what you hate.  That’s a distinction I want people to realize.  To me, it’s just about waking up everyday and loving freedom and not having to wake up to an alarm clock.  Just waking up and saying, “what do I want to do today?  Maybe I want to blog, maybe I want to write, and maybe I want to interview with a guy in California named Matt. “

Matt:  (laughing) Right.  Right.  You know, I really appreciate that.  With so much amazingness in your past, what’s in your future that really excites you?

MJ:    I have no idea. (laughing) That’s what excites me with unknown.  I mean I get “hey, you got to write another book.  I love your book.”  I would say, “I don’t know.”  I didn’t write it to become a guru.  I didn’t write it to write multiple books.  I have no idea.

What’s so exciting for me is that I can have a start up.  I may just do another semi-retirement while sitting on my butt. I have no idea.  That’s what I love.  I feel like my world is my oyster.  I have all these choices available to me.  That’s the beauty of it.

Matt:  Nice.  If people want to learn more about you, MJ, and “The Millionaire Fastlane,” where would you recommend they’d go?

MJ:  If they’re interested in the book, they go millionairefastlane.com.  It’s on the Amazon.  There’s like a 120 reviews if they are looking into buying it. Thefastlane.com is a forum that discusses the Fastlane strategies and also I blog on FastLaneEnterpreneurs.com.

So there’s a lot of information out there that people can access without actually having to buy the book if that’s what they want to do.

Matt:  Got it.  Got it.  I’ll take a note of all those domain names and I’ll put them in the show notes and attach them to this podcast. Thank you for that.  Thanks for the time you’ve taken to share your insights and thank you for writing your amazing book and sharing it with us.  There is just so much stuff in the book that we didn’t cover and actually I’ll find myself referencing it on the show for a long time to come up.  I hope you won’t mind.

MJ:  No. Not at all.

Matt:  Very good.  I know the listeners of this show will have a bunch of questions for you.  So when I get a decent collection of those questions, would you be open to coming back on the show to help me answer them?

MJ:  Yeah.  Absolutely.  Sounds fun.

Matt:  Awesome.  Thanks a lot MJ.  You have an awesome day.  Thanks for spending your time with Your Do Over show.

MJ:  You bet.  Thanks, Matt.

Matt:  You bet.  Take care.

MJ:  Bye.

Matt:  Bye.

In case you couldn’t tell and in case I didn’t quite make it clear.  I love this book.  I personally think that you should be required reading it for young people before they make all their life mistakes and for older folks like me as well.  They still have a chance.  They can still change lanes if they want to, of course.

So next episode, I got a great guest.  A great guest in the sense I think it’s safe to assume we all want great freedom.  Yes?

I mean if you don’t want freedom then that’s okay with me.  It’s your life.  But I think it’s okay to assume that’s what we all want.  We all want freedom.  Anyone can go out and get it but not everyone will.  I recently a gentleman with a very unique company that will essentially go out and get your freedom for you.

Depending on the value you place on your freedom and the price for the service, it’s nominal.  It’s nominal because he created a business model that other people pay for your freedom but no way everybody wins.

It’s not a pyramid scheme, by the way.  It’s not multi-level marketing and not that there’s anything wrong with that.  It’s just not what this is.  I mean nobody loses in his model.  In fact, it’s in his company’s best interest that you actually get your freedom.  It’s really ingenious.  I can’t wait to share it with you.  So that’s it for today.

God loves you and so do I.  I am Matt, the Do Over guy.  I will see you on the next episode of your Do Over.

Announcer:  Thank you for tuning in to Your Do Over, where the ignored, underestimated, and unknown steps to producing results and making life work are revealed. And remember, knowledge is potential power. Take action on what you learned today. This is not your learn over. It’s Your Do Over.

To view the resources referenced in today’s show and to retrieve a complete show transcript, visit www.TheDoOverGuy.com. Stay connected with Matt, the Do Over Guy, Theriault on Twitter at TheDoOverGuy and on Facebook at www.facebook.com/dooverguru

 

Podcast 36

Matt:  Hey, this is Matt, “The Do Over Guy,” and this is Your Do Over: Episode 36.

Announcer: During an era where countless people, businesses, and organizations are feeling the pinch, running out of time, running out of money, losing confidence, feeling as if life is unfair, praying for another chance and unless something is done, life is going to pass them by. Life is going to pass them by.

Fortunately, in the nick of time, there is now a place where the ignored, underestimated and unknown steps to producing results and making life work are revealed. Save your career. Save your business. Save your health. Save your relationships. Save your life. Get from where you are to where you want to be, faster and with greater ease than you ever thought possible.  Say, “Hello!” to Your Do Over.

Matt:  Welcome to Your Do Over, coming to you live from downtown Los Angeles. This is the place where I show people who want more out of life, people dissatisfied with their current situation, how to start over and begin a new life, setting goals and objectives so they can create wealth and live life to the fullest.

You can jumpstart your Do Over and lay a solid foundation for a better life by downloading the Three Pillars of Creating the Ultimate Do Over for free at FreeDoOver.com. It’s a 55-minute mp3 audio program that I made just for you with three specific steps on how to get success as you start over.

The Three Pillars of Creating the Ultimate Do Over will put the legs under your table. They will lay the foundation for you to achieve. They will act as your traveling success coach, and they’re yours for free at FreeDoOver.com.

God loves you and so do I.  I am Matt, the Do Over guy.  I will see you on the next episode of your Do Over.

Announcer:  Thank you for tuning in to Your Do Over, where the ignored, underestimated, and unknown steps to producing results and making life work are revealed. And remember, knowledge is potential power. Take action on what you learned today. This is not your learn over. It’s Your Do Over.

To view the resources referenced in today’s show and to retrieve a complete show transcript, visit www.TheDoOverGuy.com. Stay connected with Matt, the Do Over Guy, Theriault on Twitter at TheDoOverGuy and on Facebook at www.facebook.com/dooverguru