The Millionaire Fastlane & Building a Business w/ MJ DeMarco (MI170)

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Clay Finck chats with MJ DeMarco about why he chose entrepreneurship as his path to building wealth, his journey in building a successful business, how he knew it was time to sell what he built, why following your passion is bad advice when starting a business, what MJ’s definition of wealth is, ways in which entrepreneurs can validate their business ideas, and much more!
 
MJ DeMarco is an entrepreneur and international best selling author of The Millionaire Fastlane, Unscripted, and The Great Rat Race Escape. He is also the founder of The Fastlane Forum, which is a worldwide forum for entrepreneurs with over 70,000 users and nearly 1,000,000 contributions.
 
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
00:13 - Why MJ chose entrepreneurship as his preferred path to building wealth.
02:55 - MJ’s journey to building his first successful business.
12:39 - How he knew it was time to sell out of his business.
16:44 - Why following your passion in starting a business is bad advice.
22:17 - What MJ’s definition of wealth is.
32:28 - Ways in which entrepreneurs can validate their business ideas.

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📖 BOOKS MENTIONED:
- The Millionaire Fastlane by MJ DeMarco: https://amzn.to/3Nl0RY4
- Unscripted by by MJ DeMarco: https://amzn.to/3yGXiaA
- The Great Rat Race Escape by MJ DeMarco: https://amzn.to/3lf3jU2

Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀


▶️ RELATED EPISODES:
- (MI069) Practical Strategies For Starting A Business w/ Steve Hoffman: https://www.theinvestorspodcast.com/m...
- (MI071) How To Become A Successful Entrepreneur w/ Sean Castrina: https://www.theinvestorspodcast.com/m...


💡 OTHER RESOURCES
- Read MJ’s Fastlane Forum: https://www.thefastlaneforum.com/comm...
- Robert and Clay’s tool for picking stock winners and managing our portfolios, TIP Finance: https://www.theinvestorspodcast.com/t...
- Check out our Investing Starter Packs about business and finance: https://www.theinvestorspodcast.com/m...

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