It’s 2012 and the new year is a great time to get out of the slowlane and into the fastlane!

Today’s post is a book review from M.J. DeMarco’s bestseller The Millionaire Fastlane. Demarco shares his thoughts about how he went from living with his mom and mopping floors to creating the life he desired, by getting out of the slowlane and into the fastlane. He did not have anything extraordinary to help him along; he didn’t win the lotto or inherit fortunes, he didn’t develop a widget that sold millions and he didn’t ‘run’ into pure luck while on the slowlane!

The following are tips I have taken from the book. I would love to see your comments below about these or other tips you may have.

1. Question your beliefs about wealth
2. Identify your financial behavior habits
3. Determine what perception of wealth you must have that will lead you to ‘fastlane’ wealth
4. Decide what you need to change and how to take action to create change
5. Accept that wealth is a process, not an event… evaluate your process
6. Build a financial plan using money management
7. Take responsibility for your financial freedom
8. Increase what you can afford to buy by not buying what you cannot afford
9. Don’t accept living in the ‘slowlane’ of frugality, mediocrity and sacrifice
10. Don’t sell yourself out for a 9-5 job that limits your *freedom*
11. Don’t use ‘hope’ as an excuse to be in the ‘slowlane’
12. Learn from those who have found success/wealth and are teaching how they did it (not those successful teaching something else)
13. Learn financial discipline BEFORE you have money
14. Build a system that will leverage your work
15. Become a successful producer first, before becoming a successful consumer
16. Create and manipulate assets
17. Liquify appreciated assets in to money and transform that money into another passive income (create a money system)
18. Make a coordinated commitment to take action and a conscious choice to create a massive income
19. Think ‘big’ to earn big
20. Exercise control by making the ‘choice’ to succeed
21. Think forward, not in the past
22. Think about your perceptions that affect your choices of action
23. Regard time as your #1 asset
24. Allow good relationships in your life to accelerate your process
25. Continually implement creative education
26. Be committed to hard work
27. Chase needs (others/consumers) not money
28. Have a passionate ‘why’ (why are you doing what you are doing?)
29. Be exceptional
30. Determine your destination (your outcome)
31. Conquer big goals by breaking them down into smaller goals
32. Live below your means

Though each of the tips above resonated with me and have helped me to get out of the slowlane, two very significant points that DeMarco made had a major impact:

• More money does not solve problems.
• Whatever my passion is, in order to be a money maker, it must solve a need that others have AND I must be good at doing whatever it is I am doing.

WIN a copy of The Millionaire Fastlane by listening
to DeMarco’s interview on Your Story Matters. Click here
to listen to the interview.

Or, buy the book now by clicking the image at the right.

Again, we welcome your comments and thoughts. Feel free to share your tips or how the tips above have helped you!

Photo Credit © raj_nair81