Despite the corny title, this is actually one of the better books in the genre that actually may be worth picking up. The author spends the first portion of the book flaunting his mansion on a hill and his cars, which didn't build rapport to me as a reader, but he eventually digresses and provides some invaluable lessons.

Note: the affluent audience in this book is the complete opposite of those mentioned in The Millionaire Next Door. This book focuses on millionaires who live rich, extravagant lifestyles.

Takeaways
-The book bashes the “slow lane” of wealth, which involves getting a good job, saving 10% of your paycheck, investing in the index, and retiring rich at 65. What fun is there to be rich when you’re old? It is essentially “sacrificing your dreams and your life for a plan that pays dividends after most of your life has evaporated.” The real Golden Years of your life are when you’re young, sentient, and vibrant.
-True wealth lies in family, fitness, and freedom (the 3 Fs).
-Affordability doesn’t come with strings attached; if you think you can afford something, you can’t. There are consequences priced in.
-The slow lane formula isn’t sufficient enough to accelerate wealth fast. The mathematical flaws of compound interest are compensated with large numbers and large leverage. Compound interest is most effective with large sums of money. Exploit it at its crest; not millions of miles out in sea. For reference, the formula is Wealth = Yearly Instrinsic Value (e.g. job) + Yearly Compound Interest (e.g. financial securities and derivatives).
-Climbing up the corporate ranking is a long and difficult task. Many CEOs are in their 50s and 60s. It doesn’t happen overnight; climbing up the ranks may take decades. This would also be another slow approach.
-A millionaire is not necessarily rich; in today’s terms, a millionaire is upper middle-class. 5 million is the new 1 million. To live a lifestyle reserved for millionaires, you will need to amass far more than $1 million. Living an extravagant lifestyle may require at least $10 million.
-“Get Rich Quick” should not be associated with “Get Rich Easy.” One is completely attainable, while the other is not. Often, we associate the first phrase with “scam” since we subconsciously associate it with the second phrase in conjunction.
-The story of Azur’s pyramid and Chuma’s pyramid hint towards finding ways to automate daily tasks. The author himself started as a programmer, and I myself program to automate tasks, so I found this similarity worth noting.
-Money trees create passive income for you. In this sense, money can “grow on trees.” The main seedling of the tree the author recommends is rental property investing. He also encourages computer and software systems.
-Scale or magnitude creates wealth. For instance, pens sold in large units are an example of scale rather than magnitude; however, it still makes millions. The same is with athletes: they leverage scale and get paid millions since they entertain millions. An example of magnitude would be neurosurgeons. They serve at a smaller scale but provide much greater intrinsic value.
-Fast lane people are frugal with time; slow lane people are frugal with money. Think of this however you wish. In essence, time is king.
-A fast-laner always has his nose in a book. He or she seeks skill and expertise. Proper acquisition and application of knowledge will take you far. You can become an expert in any field that doesn’t require physical skill. He recommends [for aggressive readers] to aim to finish 1 book per week.
-He goes on to list ways on how to use your time effectively to learn and absorb knowledge. It involves squeezing every bit you can out of every day (e.g. during waits, in between sets at the gym, etc.)
-Choose topics that interest you or an area in your life that needs improvement. For instance, the author bought 6 books relating to publishing, writing, and authoring before he wrote this book.
-“I grabbed the masking tape Mom used for labeling prices. I tore four small pieces of tape and stuck them above the current price. Then on the first piece of tape, I boldly wrote $5.55 and crossed it out. The next piece of tape I wrote $4.50 and crossed it out. Then, $3.95, and the next $2.95. Each piece of tape successively had a lower price, clearly crossed out so buyers could see the “price reduction,” leaving the same old price of $2.55. Now my clock was priced exactly the same, except it was presented differently.” -I see a lot of businesses use this tactic, and it does work. Off the top of my head, Udemy utilizes this.
-Price implies value and defines your brand. Price should correlate with the intrinsic value. Other times, price can convince the consumer of value beyond the practical value. Gucci is a perfect example of this. Everyone does this in some way. Often while browsing on Amazon, I will purchase the more expensive option even if the less-expensive option may provide the same value.
-Finally someone says it: you don’t need multiple streams of income to be successful. If you divert your attention across multiple streams, none of them will be strong. Focus on 1-3 and scale them as much as possible. This same idea corresponds to the 80/20 principle mentioned in the 4 Hour Workweek.
-I, along with the author, don’t really agree with the saying “do what you love.” Often many who pursue what they enjoy from a motive other than pure passion, like money, will fall out of love with that interest. For instance, many artists lose their love for painting. Many bodybuilders lose their love for bodybuilding and competing. I lost my interest in many subjects over the years simply because of schoolwork and slow pacing. True desire will always outperform “doing what you love.” ( )

An interesting combination of Financial Intelligence + Entrepreneurship, with a different spin or perspective from most books out there. Instead of talking about removing debt and saving/investing for the long-term, it focuses on the right mindset + building the right type of business that can give you financial freedom.

What it covers:
• Why the conventional path to wealth/retirement—get a good degree/job and save/invest for the long-term—simply doesn't work.
• The 4 essential components to wealth: Roadmap (beliefs), Vehicle (personal growth), Road (financial pathways) and Speed (execution).
• The difference between the Sidewalk, Slowlane and Fastlane, how to grow money trees for passive income, apply the Law of Effection to multiply your impact, meet 5 Fastlane Commandments to gain leverage and control, and build a business or money system worth millions of dollars.
• How to transform yourself, build your financial literacy, and how to rapidly build a Fastlane business through execution, marketing, customer service product, and people.

Book summary at: https://readingraphics.com/book-summary-the-millionaire-fastlane/ ( )

Don't be fooled by the horrible cover and generic sounding title; the book contains lots of original nuggets that I really enjoyed ( )

There are so many books
in the local libraries
or on the shelves
of local bookstores
that promise unlimited
amount of wealth
and the so-called
overnight success
to their very passionate
avid readers who truly want
to succeed and exceed in life,
and become successful someday,

but there aren't that many books out there
that show the true and the real picture
of what success actually is
and what success actually
looks like,

books that show and educate
their avid readers that true secret
of success lies in knowing who you truly are,
knowing who and what others truly are,
building deep and meaningful relationships
with people worthy of you attention,
and knowing the true value,
the true worth,
the true potential
the true purpose,
the true meaning,
and the true gift
of your life.

Truth is, until you realize
what you can do with your true gift,
true meaning, and true purpose of life,

that there's no such
thing as impossible,

that you can do and that you can achieve
everything you wish or want to achieve
for as long as you set your mind to it
and don't give up,

that you always become
what you think, feel, and believe about,

that every positive thought
and every positive action is
a shortcut towards success,

that every person you meet in life
enters your life for a reason,

that your mind, your soul, and your heart
are the most powerful things you can possess
in the entire universe ,

that your mind can be your best friend
if you feed it with wisdom and knowledge,
and your worst enemy, if you feed it with nonsense,

and that you have to be brave if you want
to have luck on your side,

you simply cannot become
successful for a lifetime.

You may enjoy success for a day,
for a week, for a month, or for even a year,
if you get lucky, but you cannot enjoy success
for a lifetime not knowing what's the true secret
of success and what's the true meaning,
what's the true purpose,
and what's the true gift of your life. ( )

As someone who has read tons of self help, I think the advises given is pretty mundane. Also, the author is a little long winded.

Though there are some strong points in this book, there are also a lot of repetitive or mundane points.

The process is impt. The choices you made are impt.

The author is focused on making great and unique businesses to stand out from the crowd. ( )