The Commandment of Entry: Your business must have barriers to entry, i.e. it takes time and skill to set up. Otherwise, it will be overcrowded.

A paradox of practice is when someone promotes a moneymaking strategy, but that strategy is not what made them rich. They don't practice their advice. Ask yourself: are they pitching you the Slowlane while they leverage their Fastlane roadmap? Are they following their advice or selling you millions of books? Internet: subscription, content, leads, social networks, brokerage systems, advertising, e-commerce

Expectation - we failed to provide what the user expected or he was expecting something else due to a malformed marketing message; You have to always learn more: if you think you are done with learning your path is poor or mediocre at best. To have even a small probability for success education, especially self-education, is a must. The final lesson of the movie It's a Wonderful Life (which I recommend to everyone by the way, even if outside the Christmas season): "Remember, no man is a failure who has friends". That's how decisive relationships are to our well-being. How having our life shared with loved ones becomes the core of our happiness.

See behind the consumption to find outabout the creative process of the people who sell what you usually buy. People on the Slowlane have a job. They work hard for 50 years and hope they can save enough to retire comfortably. They end up living a life of mediocrity. The process of wealth creation is exponential, not linear. You may struggle for several years, only to see a sudden explosion in growth like what happened with M.J. DeMarco. Becoming wealthy is like taking a road trip.You need to toil your whole life employed by someone else, squandering the golden years of your life in a cubicle. I don't know what's the key to success, but the key to failure is trying to please everybody." How to deal with competitors Another key part is learning from your mistakes . See these slip-ups as helpful teachings that can improve your business methods and lead to success. The thing about wealth is that it's best lived in the prime of our lives, not after 40 years of work which can render our dreams obsolete.

Building a business system so you needn’t do everything yourself. Creating such a process isn’t easy, but it’s extremely rewarding. To maximize wealth potential, the Commandment of Scale emphasizes the need for businesses to grow and expand their reach. When you violate this commandment, wealth acceleration is restricted. Today, I am the founder of Viperion Publishing (the publisher of The Millionaire Fastlane) and The Fastlane Forum, a worldwide community for Fastlane entrepreneurs seeking to escape the cult of mediocrity. I'm also the co-founder of GoalSumo.com, an intuitive task and productivity system designed to engineer a roadmap to your best life. Just like the avant-gardist Aristotle said, “we are what we repeatedly do, excellence then is not an act, but a habit,” de Marco might argue that:

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This may involve scaling up production or expanding into new territories, which allows entrepreneurs to tap into a larger market and generate more revenue. The more extensive the business and its reach, the higher the potential for wealth accumulation. #5. Commandment of Time There are four types of complaints: Complaints of change Complaints of expectation Complaints of void and Complaints of fraud. --location 4348 Control your income source: Instead of working for someone else, create or invest in businesses that allow you to control your income stream, giving you the potential for higher earnings and increased financial flexibility. Do what you love" is feel-good dead-end advice for anyone that isn't a professional with natural talent. If you're not a great singer, athlete, or actor, then this isn't how you're going to get wealthy. Accept it now, and do what you love *after* you retire young via another route.

When a rich politician or public figure comes forth and discloses his finances, notice the common themes. The source of their wealth comes from their business interests, while their liquid cash reserves are tied into fixed-income securities like municipal bonds, treasuries, and other highly liquid and safe investments. The rich aren’t using the markets to create wealth; they’re increasing their existing wealth with leveraged business assets. --location 2291 To maximize the potential of your business, it’s vital to invest in developing distribution systems that can support your growth objectives. This part made me think of other authors as well: Ray Dalio says that if he were to do his job the best, he would find a CEO to replace him and do better than he does. He also mentions the famous suggestion from The Richest Man in Babylon that you should pay yourself first. You trade 5 for 2 when you give Monday to Friday to get 2 days off. That’s why you see people “celebrating their freedom” on Friday”.

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Besides, because the fear of leaving a comfortable but unchallenging job is so overwhelming and conflicting, something requires shredding that resistance.