Book Summary: The Power of Habit p9

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Just as choosing the right keystone habits can create amazing change, the wrong ones can create disasters.

even destructive habits can be transformed by leaders who know how to seize the right opportunities. Sometimes, in the heat of a crisis, the right habits emerge.

Companies aren’t families. They’re battlefields in a civil war. Yet despite this capacity for internecine warfare, most companies roll along relatively peacefully, year after year, because they have routines— habits— that create truces that allow everyone to set aside their rivalries long enough to get a day’s work done. Organizational habits offer a basic promise: If you follow the established patterns and abide by the truce, then rivalries won’t destroy the company, the profits will roll in, and, eventually, everyone will get rich.

The problem with sabotage is that even if it’s good for you, it’s usually bad for the fi rm. So at most companies, an unspoken compact emerges: It’s okay to be ambitious, but if you play too rough, your peers will unite against you. On the other hand, if you focus on boosting your own department, rather than undermining your rival, you’ll probably get taken care of over time.

Most of the time, routines and truces work perfectly. Rivalries still exist, of course, but because of institutional habits, they’re kept within bounds and the business thrives. However, sometimes even a truce proves insufficient. Sometimes, an unstable peace can be as destructive as any civil war.

Truces are only durable when they create real justice. If a truce is unbalanced— if the peace isn’t real— then the routines often fail when they are needed most.

Creating successful organizations isn’t just a matter of balancing authority. For an organization to work, leaders must cultivate habits that both create a real and balanced peace and, paradoxically, make it absolutely clear who’s in charge.

Sometimes, one priority— or one department or one person or one goal— needs to overshadow everything else, though it might be unpopular or threaten the balance of power. Sometimes, a truce can create dangers that outweigh any peace.

During turmoil, organizational habits become malleable enough to both assign responsibility and create a more equitable balance of power. Crises are so valuable, in fact, that sometimes it’s worth stirring up a sense of looming catastrophe rather than letting it die down.

💪 Develop powerful habits 🔥🔥

The Millionaire Fastlane: Chapters (24-28) Summary

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Choices of perception serve as the impetus to choices of action. If you believe and perceive a certain idea, you are likely to act in accordance with that belief.

You see, you choose to interpret events in your particular frame of reference. Your mind labels and categorizes events that surround you. If you lose your job, you can frame it as a negative or a positive. When you’re caught speeding, you can be angry or thankful. The choice of perception and its choices start right between your ears and drive themselves into choices of action.

The universe doesn’t care about your past. It is blind to it. The universe doesn’t care that I wore pink pants in high school. The universe doesn’t care that I got in a fight with Francis Franken and lost. The universe
doesn’t care about your MBA from UCLA, your drug-dealing father, or that you wet your bed in junior high. The universe simply doesn’t care. One person and one person only weaponizes past transgressions: you.

Chapter Summary: Fastlane Distinctions
••Your choices of action manifest from your choices of perception.
••What you choose to perceive, or not perceive, will manifest itself to a choice of action, or inaction.
••You can change your choice of perception by aligning yourself with those who experience the perception as reality.
••Worst Case Consequence Analysis helps avoid treasonous choices.
••The Weighted Average Decision Matrix can help you make better big decisions by clarifying alternatives and their internal factors.
••The universe has no memory, only you do.
••Your past can be accelerative or treasonous. You choose the classification.
•• If your eyes are transfixed to the past, you can’t become the person you need to become in the future.

Extraordinary wealth will require you to have extraordinary beliefs.

Chapter Summary: Fastlane Distinctions
••The natural gravity of society is not to be exceptional, but average.
•• Toxic relationships drain energy and detract from your goals to be extraordinary.
••The people in your life are like your comrades in a battle platoon. They can save you, help you, or destroy you.
•• Good relationships are accelerative to your process, while bad relationships are treasonous.

Fastlaners understand that time is the gas tank of life. Time is the great equalizer. You were born with a full tank of gas. There are no refilling stations, and your one fill-up occurred the moment you took your first breath. There are two types of time that will make up your lifespan: Your free time and your indentured time.

Your Lifespan = Free Time + Indentured Time

Money buys free time and eliminates indentured time. However, the irony of your free time is it isn’t FREE; it’s bought and paid for by your indentured time. Indentured time becomes the ransom of your free time. The leading cause of indentured time is parasitic debt.

A Poor Valuation of “Free Time” Leads to Poorness

Behind the tangled roots of poorness, you will find a poor valuation of free time, which breeds from bad choices. “Time losers” are poor evaluators of time.

Sidewalkers and Slowlaners use money as the sole criterion in decision-making: Which job pays the most? Where is the cheapest item? How can I get some free chicken? Money is scarce and time brings up the rear and sweeps up the mess. If you want to be rich, you have to start thinking rich. Time is king. 👑

Chapter Summary: Fastlane Distinctions
•• Fastlaners regard time as the king of all assets.
•• Time is deathly scarce, while money is richly abundant.
•• Indentured time is time you spend to earn money. Free time is spent as you please.
••Your lifespan is made up of both free time and indentured time.
•• Free time is bought and paid for by indentured time.
•• Fastlaners seek to transform indentured time into free time.
•• Parasitic debt eats free time and excretes it as indentured time.
•• Lifestyle extravagances have two costs: the cost itself and the cost to free time.
•• Parasitic debt has to be stopped at the source: instant gratification.

Graduation Is Not the End; It Is the Beginning

What you know today is not enough to get you where you need to be tomorrow.

The purpose of education within the Fastlane is to amplify the power of the money tree and the business system. You’re not a cog in the wheel; you learn to build the wheel.

Make the real world your university. Yes, you are your own university.

In today’s information society, there is absolutely no excuse not to find out how.

Chapter Summary: Fastlane Distinctions
•• Fastlaners start their education at graduation, if not before.
••A Fastlaner’s education serves to advance their business system and their money tree, not to raise intrinsic value.
•• Fastlaner’s aren’t interested in being a cog in the wheel. They want to be the wheel.
•• I don’t know how” is an excuse dismantled by discipline.
•• Infinite knowledge is everywhere and it’s free. What’s missing is discipline to assimilate it.
••You can become an expert in any discipline not requiring physical skills.
•• Educational recharges can occur within time blocks already allocated for other objectives.
•• Organizers of expensive seminars take advantage of Sidewalkers and disenfranchised Slowlaners by marketing empty promises as “events.”

Fastlane Risks Can Have Lifelong Returns

When it comes to risk analysis, there are two types of risk designated by best- and worst-case outcomes or consequences: intelligent risks and moronic risks.

Intelligent risks have a limited downside, while their upside is unlimited. Moronic risks have a bottomless downside and their upside is limited, or short term.

Opportunity Doesn’t Care About Timing

Chapter Summary: Fastlane Distinctions
•• Interest is first gear. Commitment is the Redline.
•• Hard work and commitment separates the winners from the losers.
•• Some choose short-term mediocre comfort over long-term meteoric comfort.
•• To live unlike everyone else, you have to do what everyone else won’t.
••Arm your expectations to hard work, sacrifice, and other bumps in the road. These are the landmines where the weak are removed from the road and sent back to the land of “most people.”
•• Failure is natural to success. Expect it and learn from it.
•• One home run could set you financially secure for your life, perhaps generations.
•• Home runs can’t be hit in the dug out.
••Moronic risks have unlimited downside (long term) and limited upside (short term).
•• Intelligent risks have unlimited upside (long term) and limited downside (short term.)
••There is never perfect timing and waiting for “someday” just wastes time.

👉🏽 Millionaire Fastlane 👈🏽

Book Summary: The Real Anthony Fauci P.7

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Early Treatment

“The Best Practices for defeating an infectious disease epidemic,” says Yale epidemiologist Harvey Risch, “dictate that you quarantine and treat the sick, protect the most vulnerable, and aggressively develop repurposed therapeutic drugs, and use early treatment protocols to avoid hospitalizations.” Our objective should have been to devise treatments that would reduce hospitalization and death. We could have easily defanged COVID-19 so that it was less lethal than a seasonal flu. We could have done this very quickly. We could have saved hundreds of thousands of lives.”

Dr. Peter McCullough concurs: “Once a highly transmissible virus like COVID has a beachhead in a population, it is inevitable that it will spread to every individual who lacks immunity. You can slow the spread, but you cannot prevent it—any more than you can prevent the tide from rising.”

Dr. McCullough: “We could have dramatically reduced COVID fatalities and hospitalizations using early treatment protocols and repurposed drugs including ivermectin and hydroxychloroquine and many, many others.” “Using repurposed drugs, we could have ended this pandemic by May 2020 and saved 500,000 American lives, but for Dr. Fauci’s hard-headed, tunnel vision on new vaccines and remdesivir.”

The efficacy of some of these drugs as prophylaxis is almost miraculous, plus early intervention in the week after exposure stops viral replication and prevents development of cytokine storm and entrance into the pulmonary phase,” says Dr. Pierre Kory. “We could have stopped the pandemic in its tracks in the spring of 2020.”

They point out that natural immunity, in all known cases, is superior to vaccine-induced immunity, being both more durable (it often lasts a lifetime) and broader spectrum—meaning it provides a shield against subsequent variants. “Vaccinating citizens with natural immunity should never have been our public health policy,” says Dr. Kory.

“It is absolutely shocking that he recommended no outpatient care, not even Vitamin D despite the fact he takes it himself and much of the country is Vitamin D deficient.”

“The outcome we should have been trying to prevent is hospitalizations. You don’t just sit around and wait for an infected patient to become ill.

💥💥 Know your rights 💥💥

Book Summary: Daring Greatly p12

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THE VULNERABILITY

THE word persona is the Greek term for “stage mask.” In my work masks and armor are perfect metaphors for how we protect ourselves from the discomfort of vulnerability. Masks make us feel safer even when they become suffocating.

Common vulnerability arsenal:

Foreboding joy: the paradoxical dread that clamps down on momentary joyfulness;

Perfectionism: believing that doing everything perfectly means you’ll never feel shame;

Numbing: the embrace of whatever deadens the pain of discomfort and pain.

THE COMMON VULNERABILITY SHIELDS

THE SHIELD: FOREBODING JOY

Joy is probably the most difficult emotion to really feel. 😎 Because when we lose the ability or willingness to be vulnerable, joy becomes something we approach with deep foreboding. We just know that we crave more joy in our lives, that we are joy starved.

What the perpetual-disappointment folks describe is this: “It’s easier to live disappointed than it is to feel disappointed. It feels more vulnerable to dip in and out of disappointment than to just set up camp there. You sacrifice joy, but you suffer less pain.”

Softening into the joyful moments of our lives requires vulnerability.

Once we make the connection between vulnerability and joy, the answer is pretty straightforward: We’re trying to beat vulnerability to the punch. We don’t want to be blindsided by hurt. We don’t want to be caught off-guard, so we literally practice being devastated or never move from self-elected disappointment.

We’re desperate for more joy, but at the same time we can’t tolerate the vulnerability.

We’re visual people. We trust, consume, and mentally store what we see. 👀

💐🌷🌹🌸🌺 Dare 💐🌷🌹🌸🌺

Book Summary: The Power of Habit p8

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Starbucks taught their employees how to handle moments of adversity by giving them willpower habit loops. LATTE method: We Listen to the customer, Acknowledge their complaint, Take action by solving the problem, Thank them, and then Explain why the problem occurred.

There are learned habits to help baristas tell the difference between patrons who just want their coffee and those who need a bit more coddling.

This is how willpower becomes a habit: by choosing a certain behavior ahead of time, and then following that routine when an inflection point arrives.

When people are asked to do something that takes self- control, if they think they are doing it for personal reasons— if they feel like it’s a choice or something they enjoy because it helps someone else —it’s much less taxing. If they feel like they have no autonomy, if they’re just following orders, their willpower muscles get tired much faster.

❤️‍🔥 Build powerful habits ❤️‍🔥

The Millionaire Fastlane: Chapters (21-23) Summary

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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.

💸💲🧠

💸 Pave your road to abundant wealth 💰⃤

Book Summary: The Real Anthony Fauci P.6

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Trust the Experts

Instead of citing scientific studies or clear data to justify mandates for masks, lockdowns, and vaccines, our medical rulers cited Dr. Fauci or WHO, CDC, FDA, and NIH—captive agencies—to legitimize the medical technocracy’s assumption of dangerous new powers.

Dr. Fauci’s aficionados, including President Biden and the cable and network news anchors, counseled Americans to “trust the experts.” Such advice is both anti-democratic and anti-science. Science is dynamic.
“Experts” frequently differ on scientific questions and their opinions can vary in accordance with and demands of politics, power, and financial self-interest. Telling people to “trust the experts” is either naive or manipulative— or both.

All of Dr. Fauci’s intrusive mandates and his deceptive use of data tended to stoke fear and amplify public desperation for the anticipated arrival of vaccines that would transfer billions of dollars from taxpayers to pharmaceutical executives and shareholders. 🤑

Anthony Fauci’s do-or-die obsession with novel mRNA vaccines—and Gilead’s expensive patented
antiviral, remdesivir—prompted him to ignore or even suppress effective early treatments, causing hundreds of thousands of unnecessary deaths while also prolonging the pandemic. ⚰️🥀

Fortifying Immune Systems

He never took time during his daily White House briefings from March to May 2020 to instruct Americans to avoid tobacco (smoking and e-cigarettes/vaping double death rates from COVID); to get plenty of sunlight and to maintain adequate vitamin D levels (“Nearly 60 percent of patients with COVID-19 were vitamin D deficient upon hospitalization, with men in the advanced stages of COVID-19 pneumonia showing the greatest deficit”); or to diet, exercise, and lose weight (78 percent of Americans hospitalized for COVID-19 were overweight or obese).

Dr. Fauci’s lockdowns caused Americans to gain an average of two pounds per month and to reduce their daily steps by 27 percent.

Zinc impedes viral replication, prophylaxing against colds and abbreviating their duration.

On April 30, 2021, Canadian Ontario College of Physicians and Surgeons threatened to delicense any doctor who prescribed non-vaccine health strategies including Vitamin D.

“They are trying to erase any notion of natural immunity,” says Canadian vaccine researcher Dr. Jessica Rose, Ph.D., MSc, BSc. “Pretty soon the incessant lies and propaganda will have successfully instilled in the masses that the only hope for staying alive is via injection, pill-popping, so in sum, no natural immunity.”

Throughout 2020, before vaccines were available, some 99.9 percent of people’s natural immune systems protected their owners from severe illness and death.

The CDC and World Health Organization, indeed all global health authorities, have recognized that healthy people, with healthy immune systems, bear minimal risk from COVID.

Instead of urging calm and telling us, as FDR did during the depths of the Depression, that “we have nothing to fear but fear itself,” all of Dr. Fauci’s prescriptions and communications seemed intended to maximize stress and trauma: enforced isolation, mandated masking, business closures, evictions and bankruptcies, lockdowns, and separating children from parents and parents from grandparents. We now know that fear, stress, and trauma wreak havoc on our immune systems.

💓💓💓

🕵 Stay informed… Protect your Rights 🕵

Book Summary: Daring Greatly p11

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research tells us that we judge people in areas where we’re vulnerable to shame, especially picking folks who are doing worse than we’re doing.

If I feel good about my parenting, I have no interest in judging other people’s choices. If I feel good about my body, I don’t go around making fun of other people’s weight or appearance.

children who are engaging in the bullying behaviors or vying for social ranking by putting down others have parents who engage in the same behaviors.

Cultivating intimacy—physical or emotional—is almost impossible when our shame triggers meet head-on and create the perfect shame storm.

We cultivate love when we allow our most vulnerable and powerful selves to be deeply seen and known, and when we honor the spiritual connection that grows from that offering with trust, respect, kindness, and affection.

Love is not something we give or get; it is something that we nurture and grow, a connection that can only be cultivated between two people when it exists within each one of them—we can only love others as much as we love ourselves. 💖💖💖

Shame, blame, disrespect, betrayal, and the withholding of affection damage the roots from which love grows. Love can only survive these injuries if they are acknowledged and healed.

But in practicing self-love over the past couple of years, I can say that it has immeasurably deepened my relationships with the people I love.

Shame is universal, but the messages and expectations that drive shame are organized by gender.

The expectations and messages that fuel shame keep us from fully realizing who we are as people.

If we’re going to find our way out of shame and back to each other, vulnerability is the path and courage is the light. To set down those lists of what we’re supposed to be is brave. To love ourselves and support each other in the process of becoming real is perhaps the greatest single act of daring greatly.

Generally, by the time you are Real, most of your hair has been loved off, and your eyes drop out, and you get loose in the joints and very shabby. But these things don’t matter at all, because once you are Real, you can’t be ugly, except to people who don’t understand.”

💖🌹 Dare 🌹💖

Book Summary: The Power of Habit p7

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Small wins are part of how keystone habits create widespread changes. A huge body of research has shown that small wins have enormous power, an influence disproportionate to the accomplishments of the victories themselves. “Small wins are a steady application of a small advantage,”

Concentrate on tiny moments of success and build them into mental triggers.

Keystone habit creates a structure that helps other habits to flourish.

At the core of that Starbucks education is an intense focus on an all- important habit: willpower. Dozens of studies show that willpower is the single most important keystone habit for individual success.

Students who exerted high levels of willpower were more likely to earn higher grades in their classes and gain admission into more selective schools.

“Highly self-disciplined adolescents outperformed their more impulsive peers on every academic- performance variable.” Self- discipline has a bigger effect on academic performance than does intellectual talent.”

And the best way to strengthen willpower and give students a leg up, studies indicate, is to make it into a habit.

Willpower is a learnable skill, something that can be taught the same way kids learn to do math and say “thank you.” As willpower muscles strengthened, good habits seemed to spill over into other parts of life.

“When you learn to force yourself to go to the gym or start your homework or eat a salad instead of a hamburger, part of what’s happening is that you’re changing how you think. People get better at regulating their impulses. They learn how to distract themselves from temptations. And once you’ve gotten into that willpower groove, your brain is practiced at helping you focus on a goal.”

“When you learn to force yourself to practice for an hour or run fifteen laps, you start building
self- regulatory strength. A five- year- old who can follow the ball for ten minutes becomes a sixth grader who can start his homework on time.”

Firms such as Starbucks— and the Gap, Wal- Mart, restaurants, or any other business that relies on entry- level workers— all face a common problem: No matter how much their employees want to do a great job, many will fail because they lack self- discipline. They show up late. They snap at rude customers. They get distracted or drawn into workplace dramas. They quit for no reason.

If someone has trouble with self- discipline at work, they’re probably also going to have trouble attending a program designed to strengthen their self- discipline after work.

The solution, Starbucks discovered, was turning self- discipline into an organizational habit.

🔰🔰🔰🔰🔰🔰

☕︎ Develop Powerful habits ☕︎

The Millionaire Fastlane: Chapters (16-20) Summary

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Wealth’s Shortcut::
The Fastlane

People would do better, if they knew better.
~ Jim Rohn

The Fastlane Mindposts

Debt Perception: Debt is useful if it allows me to build and grow my system.
Time Perception: Time is the most important asset I have, far exceeding money.
Education Perception: The moment you stop learning is the moment you stop growing. Constant expansion of my knowledge and awareness is critical to my journey.
Money Perception: Money is everywhere, and it’s extremely abundant. Money is
a reflection of how many lives I’ve touched. Money reflects the value I’ve created.
Primary Income Source: I earn income via my business systems and investments.
Primary Wealth Accelerator: I make something from nothing. I give birth to assets and make them valuable to the marketplace. Other times, I take existing assets and add value to them.
Wealth Perception: Build business systems for cash flow and asset valuation.
Wealth Equation: Wealth = Net Profit + Asset Value
Strategy: The more I help, the richer I become in time, money, and personal fulfillment.
Destination: Lifetime passive income, either through business or investments.
Responsibility & Control: Life is what I make it. My financial plan is entirely my responsibility and I choose how I react to my circumstances.
Life Perception: My dreams are worth pursuing no matter how outlandish, and I understand that it will take money to make some of those dreams real.

Chapter Summary: Fastlane Distinctions
••The risk profile of a Fastlane strategy isn’t much different from the Slowlane, but the rewards are far greater.
••The Fastlane Roadmap is an alternative financial strategy predicated on Controllable Unlimited Leverage.
••The Fastlane roadmap is predisposed to wealth.
••The Fastlane Roadmap is capable of generating “Get Rich Quick” results, not to be confused with “Get Rich Easy.”

Switch Teams
and Playbooks

A man wrapped up in himself makes a very small bundle.
~ Benjamin Franklin

Chapter Summary: Fastlane Distinctions
•• Producers are indigenous to the Fastlane roadmap.
•• Producers are the minority as are the rich, while consumers are the majority as are the poor.
••When you succeed as a producer, you can consume anything you want.
•• Fastlaners are producers, entrepreneurs, innovators, visionaries, and creators.
••A business does not make a Fastlane—some businesses are jobs in disguise.
••The Fastlane wealth equation is not bound by time and its variables are unlimited and controllable.

How the Rich Really Get Rich

Only those who will risk going too far
can possibly find out how far one can go.
~ TS Eliot

Chapter Summary: Fastlane Distinctions
••The key to the Fastlane wealth equation is to have a high speed limit, or an unlimited range of values for units sold. This creates leverage. The market for your product or service determines your upper limit.
••The higher your speed limit, the higher your income potential.
••The primary wealth accelerant for the rich is asset value, defined as appreciable assets created, founded, or bought.
••Wealth creation via asset value is accelerated by each industry’s average multiplier. For every dollar in net income realized, the asset value multiplies by a factor of the multiple.
••Your industry of specialization will determine the average multiple that determines your wealth accelerant factor. If the multiple is 3, your WAF is 300%.
•• Liquidation events transform appreciated assets (“paper” net worth) into money (“real” net worth) that can be transformed into another passive income stream: a money system.

Divorce Wealth from Time

Time is the coin of your life. It is the only coin you have,
and only you can determine how it will be spent.
Be careful, lest you let other people spend it for you.
~ Carl Sandburg

The Five Fastlane Business Seedlings:

1) Rental Systems
2) Computer/Software Systems
3) Content Systems
4) Distribution Systems
5) Human Resource Systems

Chapter Summary: Fastlane Distinctions
•• To divorce yourself from the Slowlane’s transactional relationship of “time for money,” you need to become a producer, specifically, a business owner.
•• Business systems break the bond between “your time for money” because they act like surrogate operatives for your time trade.
•• If you have a passive income that exceeds all your needs and lifestyle expenses including taxes, you’re retired.
•• Retirement can happen at any age.
••The fruit from a money tree is passive income.
••A Fastlane objective is to create a business system that survives time, exclusive of your time.
••The 5 money-tree seedlings are rental systems, computer systems, content systems, distribution systems, and human-resource systems.
•• Real estate, licenses, and patents are examples of rental systems.
•• Internet and software businesses are examples of computer systems.
••Authoring books, blogging, and magazines are forms of content systems.
•• Franchising, chaining, network marketing, and television marketing are examples of distribution systems.
•• Human resource systems can add or subtract to passivity.
•• Human resource systems are the most expensive to manage and implement.

Recruit Your Army
of Freedom Fighters

The rich rule over the poor, and the borrower is slave to the lender.
~ Proverbs 22:7 (NIV)

Chapter Summary: Fastlane Distinctions
•• One saved dollar is the seed to a money tree.
••A mere 5% interest on $10 million dollars is $40,000 a month in passive income.
••A saved dollar is the best passive income instrument.
•• Fastlaners (the rich) don’t use compound interest or the markets to get wealthy but to create income and preserve liquidity.
••A saved dollar is a freedom fighter added to your army.
••The rich leverage compound interest at its crest, applied against large sums of money.
•• Fastlaners eventually become net lenders.