The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: The Millionaire Fastlane w/ MJ DeMarco


Listen Later

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.


IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

04:30 - Why MJ chose entrepreneurship as his preferred path to building wealth.

09:52 - MJ’s journey to building his first successful business.

18:14 - How he knew it was time to sell out of his business. 

22:19 - Why following your passion in starting a business is bad advice.

26:03 - What MJ’s definition of wealth is.

40:14 - Ways in which entrepreneurs can validate their business ideas.

And much, much more!


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES

  • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
  • Check out MJ’s book, The Millionaire Fastlane.
  • Check out MJ’s book, Unscripted.
  • Check out MJ’s book, The Great Rat Race Escape.
  • Read MJ’s Fastlane Forum.
  • Related episode: Listen to: MI069: Practical Strategies For Starting A Business W/ Steve Hoffman, watch the video.
  • Related episode: Listen to: MI071: How To Become A Successful Entrepreneur w/ Sean Castrina, watch the video.
  • Check out the books mentioned in the podcast here.
  • Enjoy ad-free episodes when you subscribe to our Premium Feed.

  • NEW TO THE SHOW?

    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • Check out our Millennial Investing Starter Packs.
    • Browse through all our episodes (complete with transcripts) here.
    • Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
    • Enjoy exclusive perks from our favorite Apps and Services.
    • Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
    • Learn how to better start, manage, and grow your business with the best business podcasts.

    • SPONSORS

      Support our free podcast by supporting our sponsors:

      • CFI Education
      • Airbnb

      • Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        Learn more about your ad choices. Visit megaphone.fm/adchoices

        Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

        ...more
        View all episodesView all episodes
        Download on the App Store

        The Intrinsic Value Podcast - The Investor’s Podcast NetworkBy The Investor's Podcast Network

        • 4.6
        • 4.6
        • 4.6
        • 4.6
        • 4.6

        4.6

        542 ratings


        More shows like The Intrinsic Value Podcast - The Investor’s Podcast Network

        View all
        Motley Fool Money by The Motley Fool

        Motley Fool Money

        3,181 Listeners

        Masters in Business by Bloomberg

        Masters in Business

        2,179 Listeners

        We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

        We Study Billionaires - The Investor’s Podcast Network

        3,366 Listeners

        The Meb Faber Show - Better Investing by The Idea Farm

        The Meb Faber Show - Better Investing

        933 Listeners

        Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

        Invest Like the Best with Patrick O'Shaughnessy

        2,290 Listeners

        Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

        Capital Allocators – Inside the Institutional Investment Industry

        789 Listeners

        Focused Compounding by Andrew Kuhn and Geoff Gannon

        Focused Compounding

        271 Listeners

        Chit Chat Stocks by Chit Chat Stocks

        Chit Chat Stocks

        187 Listeners

        The Acquirers Podcast by Tobias Carlisle

        The Acquirers Podcast

        300 Listeners

        Silicon Valley - The Investor's Podcast Network by The Investor's Podcast Network

        Silicon Valley - The Investor's Podcast Network

        57 Listeners

        Real Estate 101 - The Investor's Podcast Network by The Investor's Podcast Network

        Real Estate 101 - The Investor's Podcast Network

        115 Listeners

        The Good Life Podcast with Sean Murray by Sean Murray

        The Good Life Podcast with Sean Murray

        50 Listeners

        Chai with Pabrai by Mohnish Pabrai

        Chai with Pabrai

        75 Listeners

        The Memo by Howard Marks by Oaktree Capital Management

        The Memo by Howard Marks

        400 Listeners

        Yet Another Value Podcast by Andrew Walker

        Yet Another Value Podcast

        101 Listeners

        The Business Brew by Bill Brewster

        The Business Brew

        245 Listeners

        Business Breakdowns by Colossus | Investing & Business Podcasts

        Business Breakdowns

        335 Listeners

        Behind the Balance Sheet by Stephen Clapham, Behind the Balance Sheet

        Behind the Balance Sheet

        47 Listeners