Mike Jesowshek, CPA and the Small Business Tax Savings Podcast was honored to host MJ Demarco, international best-selling author, on this weeks episode. We talk about how you can shift away from the status quo way of thinking and build a business quickly (note: not easily) to create long-term wealth.
Our guest MJ DeMarco shares personal stories about how he became wealthy at a young age and tips he has for other aspiring and current entrepreneurs out there. This episode is packed with golden nuggets. Join us on his journey as we venture into the topics of becoming a millionaire and beyond.
3 Key Takeaways
- Understanding the CENTS Framework (a set of five commandments that evaluate business ideas and their possibility for a lucrative outcome) can move you from working for time to becoming a multi-millionaire.
- Stop Chasing Money and Start Chasing NEEDS
- Value Skew Can Change Your Business and Your Life
About MJ DeMarco
From MJ’s site: Entrepreneur, author, and the revolutionary “get rich slow” anti-guru, MJ DeMarco not long ago lived with his mother, mopped floors, and sought the dream like so many others: the dream to live free from bosses, free from 9-5 jobs, and free from life mediocrity. Through rigorous years of self-study, countless errors and failures, MJ uncovered the real essence of wealth, dreams, and was able to retire YOUNG in his thirties without sacrificing lifestyle. (Yes, he drinks Starbucks coffee, drives exotic cars, and rarely clips coupons! OMG!) He lives in beautiful Phoenix Arizona and enjoys traveling, dining, writing, softball, working out and obviously, has a fanatical passion for the Lamborghini marquee. Rumor has it, he doesn’t own a suit, nor a tie.
MJ DeMarco’s Books and Resources
You can find MJ’s book online including Amazon and Audible.
- The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship
- Unscripted – The Great Rat-Race Escape: From Wage-Slavery to Wealth: How to Start a Purpose-Driven Business and Win Financial Freedom for a Lifetime
MJ also runs a forum that he actively participates in. Stop in and say hi here!
Finally, I highly recommend you sign-up for our Tax Minimization Program (w/ Stress-Free Bookkeeping Training) as not only will you get a bunch of in depth training, templates, group coaching but you also have unlimited access to our team for general tax and accounting questions. How sweet would it be to have an accounting professional by your side for those questions that pop up in this crazy journey of being a business owner?
