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The Real Law of Wealth
Try not to become a man of success, but a man of value.
~ Albert Einstein
The Law of Effection states that the more lives you affect in an entity you control, in scale and/or magnitude, the richer you will become. Impact millions and make millions. It doesn’t get any simpler than that!
NET PROFIT = Units Sold (Scale) × Unit Profit (Magnitude)
Scale creates millionaires. Magnitude creates millionaires. Scale and magnitude creates billionaires.
Retrace the source of millionaire money and you will find millions of something.
The closer you get to the source of large numbers, the closer you will get to wealth. To serve millions is to make millions. Think big to earn big.
Chapter Summary: Fastlane Distinctions
••The Law of Effection states that the more lives you affect or breach, both in scale or magnitude, the richer you will be.
•• Scale translates to “units sold” of our profit variable within our Fastlane wealth equation. Magnitude translates to “unit profit” of our profit variable within our Fastlane wealth equation.
••The Law of Attraction is not a law, but a theory. The Law of Effection is absolute and operates exclusive of a roadmap.
••All lineages of self-made wealth trace back to the Law of Effection.
••The Law of Effection’s absoluteness comes from direct access and control (you are the athlete) versus indirect access (you are the athlete’s agent).
•• To make millions you must serve millions in scale or a few in magnitude.
Own Yourself First
Events and circumstances have their origin in ourselves.
They spring from seeds which we have sown.
~ Henry David Thoreau
To Pay Yourself First, You Must Own Yourself. When you have a job, someone owns you.
Chapter Summary: Fastlane Distinctions
••“Pay yourself first” is fundamentally impossible in a job.
•• To own your vehicle (you), start a corporation that formally divorces you from the act of business. Your corporation is the body of your surrogate.
••The recommended Fastlane business entity is a C corp, an S corp, or an LLC.
Life’s Steering Wheel
Your life is the sum result of all the choices you make, both consciously and unconsciously.
If you can control the process of choosing, you can take control of all aspects of your life.
You can find the freedom that comes from being in charge of yourself.
~ Robert F. Bennett
Poor choices are the leading cause of poorness. The problem is poor diet; cholesterol is the symptom.
If you aren’t where you want to be, the problem is your choices.
••The will to persevere is often the difference between failure and success.
•• Success means having the courage, the determination, and the will to become the person you believe you were meant to be.
Your choices spark the fires of future circumstances.
What’s Chosen Today, Impacts Forever. Our choices have consequences that transcend decades.
A Fastlane process is hundreds of choices.
Chapter Summary: Fastlane Distinctions
••The leading cause of poorness is poor choices.
••The steering wheel of your life is your choices.
••You are exactly where you chose to be.
•• Success is hundreds of choices that form process. Process forms lifestyle.
•• Choice is the most powerful control you have in your life.
•• Treasonous choices forever impact your life negatively.
••Your choices have significant horsepower, or trajectory into the future.
••The younger you are, the more potent your choices are and the more horsepower you possess.
•• Over time, horsepower erodes as the consequences of old choices are thick and hard to bend.
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