Many aspiring entrepreneurs fall for the trap of multi-level marketing schemes. They’re promised easy money, fancy cars, and exotic vacations for selling products. But the reality is 96% of MLM participants lose money. Meanwhile, affiliate marketing allows you to earn commissions online without pressuring friends and family to buy overpriced products. This post will explain…
Category: Money
The 3 Roadmaps to Wealth
In the book The Millionaire Fastlane, author MJ DeMarco outlines the 3 main financial roadmaps people follow when trying to pursue wealth: The Sidewalk The first roadmap is the sidewalk.This is living paycheck to paycheck or in debt with no plan to build wealth over time. People on the sidewalk tend to wander aimlessly with…
Busting the Myth That You Can’t Excel at Things You’re Not Already Good At
Many of us believe that if we’re not naturally gifted at something, we’ll never be great at it. This thinking puts needless limits on our potential. The truth is that skills and talent can be developed through deliberate practice over time. Even if you start out mediocre, you can become exceptional by training strategically. Take…
Why You’re Not Rich Yet and What To Do About It
You work hard and play by the rules, yet riches seem elusive. Your bank account languishes as expenses grow faster than your income. You feel trapped like running on a hamster wheel. Why haven’t you achieved financial freedom? The problem likely isn’t effort, but approach. Flaws of the non-rich: 1) Trading time for money You…
The High Cost of Mindless Consumption in The Pursuit of Happiness
Many of us think buying things will make us happy. But this mindless consumption often distracts us from meaningful goals. We get stuck in a cycle of working to buy more things we don’t need. The truth is, real satisfaction doesn’t come from possessions. It comes from purpose. It comes from using your unique skills…
Debunking the Belief That Wanting Wealth Will Make You Wealthy
Many of us think that strongly desiring wealth will somehow manifest riches for us. But wanting something badly is not enough to obtain it. Real wealth requires strategic action. Simply wishing for prosperity is passive and unproductive. Achieving it demands focus, grit and bold execution. You must translate desire into concrete steps. For example, let’s…
Side Hustles vs. Fastlane Businesses – The Difference Between Jobs and Wealth
Many side hustles like driving for Uber or Doordash are popular for earning extra cash, but they don’t provide true financial freedom. Why? Because you trade hours for dollars just like a regular job. The income stops when you stop working. Alternatively, Fastlane entrepreneurs build leveraged businesses around assets that make them money 24/7. Think…