Thread by @MJDeMarco

So many "useful idiots" who are promoting a World Economic Forum agenda involving extreme frugality, fanatical saving, and a zero consumption mindset. Adopting mediocrity so you can live a life on par with a broke co-ed is not a financial plan. Here's 7 things to do instead:

#1) Don't become a Klaus Schwab stooge and adopt "settling for less" as a financial strategy. Real financial freedom doesn't involve budgets, stock market allegiance, and blind hope and patience.

#2) Start a business. But not just any business, it must be a business that meets the CENTS commandments, of pertinence, it must eventually divest yourself from the "time-for-money" trade and work while you're not working. Systems work 24/7. You work whenever.

#3) Target a market large enough to change your life. IOW, your value/solution must be meaningful to enough people, and be reachable to those people. #getrich #money #wealth #finance #investing #fastlane

#4) Providing value is not enough. It must be RELATIVE value. Sure your blog full of fitness tips might be valuable, but it isn't RELATIVELY valuable. Relative value is what compels someone to buy, assuming the right marketing messages.

#5) Aim for a "productocracy" which is a product that PULLS vs PUSHES: 1 new customer = 2 thru word of mouth. A productocracy survives and grows without advertising. If your business stops when you stop advertising, you have a product problem. An ad-dependent business = PUSH.

#6) Learn how to sell and market. You can have the cure to cancer, but not knowing how to sell it equals zero sales. Once sales begin, a productocracy burns like wildfire, creating asymmetric returns,

#7) Persistence: Never give up and manage expectations. #Entrepreneurship is like swinging at a baseball. So if you "try" and give up after 2 at bats, you will never get a hit. You can't be a good baseball player with only 2 at bats. Act, assess, adjust. Repeat.

Visit The Fastlane Forum and surround yourself with high-achievement entrepreneurs who aspire for better than culture's default prescription of mediocrity and obedience.

Getting rich has nothing to do with stupid saving and frugality schemes. Check out my latest book, The Great Rat Race Escape as it is a full length novel that gives you a front row seat to how the RICH, really get RICH. Also includes 100+ strategies. thegreatratraceescape.com