The Millionaire Fastlane, for Engineers (What It Gets Right and Wrong)

MJ DeMarco's book The Millionaire Fastlane says there are three roads to money: the Sidewalk, the Slowlane and the Fastlane. Software engineers are some of the best-paid Slowlane drivers in the world, and we also have the rarest Fastlane skill there is: building systems that keep running while we sleep. In this video I read the book the way an engineer reads a design doc. What it gets right (ownership, and time as the real currency), where it oversells (its scorn for savers, and the odds), and how to run the book's five-letter CENTS test on a side-project idea before you write a line of code. Chapters 0:00 Cold open 1:45 Three roads 3:52 The slow lane, fairly 5:30 Producer, not consumer 7:11 The CENTS test 9:20 The honest odds 11:14 Drive both lanes 12:37 One page tonight Sources MJ DeMarco, The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime (Viperion Publishing, 2011) Author bio and Limos.com history: https://www.abebooks.com/978098435810... Mixergy interview, The Founder Who Sold Limos.com. Twice.: https://mixergy.com/interviews/mj-dem... The CENTS commandments (The Fastlane Forum): https://www.thefastlaneforum.com/comm... US Bureau of Labor Statistics, survival of establishments born in 2013: https://www.bls.gov/opub/ted/2024/34-... Pieter Levels, 12 startups in 12 months (2014): https://levels.io/12-startups-12-months/ This video is educational, not financial advice, and it isn't sponsored by or affiliated with the author. The book is summarised in my own words. Alex and his three ideas are made-up examples. #MillionaireFastlane #SoftwareEngineering #SideProjects #PersonalFinance #EngineersMotivation