The Awakened Man

Episode 45 - How to avoid creating wealth in the slow lane

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Episode notes

In this episode of the Awakened Man Podcast, hosts Ben and Pete dive into the three roads to wealth creation outlined in MJ Demarco's book "The Millionaire Fast Lane".

The first road is the slow lane, which involves the traditional approach of working a 9-to-5 job and saving for retirement. The hosts stress that this approach may not lead to financial freedom and can be a slow and steady grind.

The second road is the sidewalk, which involves starting a small business or side hustle to generate additional income. Whilst using Earnings + Debt to finance a life beyond most sidewalkers means.

Finally, the third road is the fast lane, which involves taking a risk and starting a scalable business or investing in high-growth assets. The hosts emphasize that this approach can lead to rapid wealth creation, but also carries greater risk.

Ben and Pete note that this approach requires effort and dedication, but can lead to more financial freedom and control over one's career path.

Throughout the podcast, Ben and Pete provide examples and insights on how to navigate each road to wealth creation.

They also highlight the importance of taking action and making smart financial decisions to achieve one's financial goals. This episode is a must-listen for anyone looking to build wealth and create financial freedom.

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