He later sold the company again in 2007 to a Phoenix-based private equity company.īy refusing to accept society's default template for mediocrity (THE SCRIPT: jobs, 401(k)s, frugality, give your life savings to Wall-Street) MJ was able to retire young in his thirties without sacrificing the good life. In 2001, he sold the company in an exit event but later reacquired the company via bankruptcy reorganization. He also is admin/founder for The Fastlane Forum, the web's leading destination forum for start-up, finance, and entrepreneurial business discussions.īefore embarking into the world of writing and authorship, he was the former start-up Founder/CEO of (1997-2007), a global ground transportation aggregator and marketplace that he successfully built and grew into a profitable multi-million dollar company, all with no money, no formal training, and with just a few employees. He is the current founder of Viperion Publishing Corp., a media company focused on online and print content distribution. MJ DeMarco is a semi-retired entrepreneur, investor, advisor, and international best-selling author whose books have been translated in over 25 languages worldwide. And 250+ more poverty busting distinctions. Why the guru myth of "do what you love" will most likely keep you poor, not rich. Why the guru's grand deity - compound interest - is an impotent wealth accelerator. How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match. The leading cause of poorness: Change this and you change everything. The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you. Why most entrepreneurs fail and how to immediately put the odds in your favor. Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young. For those who don't want a lifetime subscription to mediocrity and a slight chance of elderly riches, there is an alternative an expressway to extraordinary wealth that can burn a trail to financial independence faster than any road out there. Do you really want HOPE to be the centerpiece for your family's financial plan? Drive the Slowlane road and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. Accept the Slowlane as your blueprint for wealth and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can find a job and keep it, HOPE the stock market doesn't tank, HOPE the economy rebounds, HOPE, HOPE, and HOPE. This impotent financial gamble dubiously promises wealth in a wheelchair - sacrifice your adult life for a financial plan that reaps dividends in the twilight of life. Is the financial plan of mediocrity - a dream-stealing, soul-sucking dogma known as "The Slowlane" your plan for creating wealth? You know how it goes it sounds a little something like this: "Go to school, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks lattes, save and penny-pinch your life away, trust your life-savings to the stock market, and one day, when you are oh, say, 65 years old, you can retire rich." The mainstream financial gurus have sold you blindly down the river to a great financial gamble: You've been hoodwinked to believe that wealth can be created by recklessly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market.
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