Are you a millionaire? I’m not. Not even close. And why? How much time do you have?

But I’m not writing this post to lament the fact that I’m not a millionaire, but to invite you to join me on my journey to becoming a millionaire. By that, I don’t mean to simply just read about my journey but to JOIN me.

I’m inspired by MJ Demarco and his books “The Millionaire Fast Lane” and “Unscripted.” If you’re unfamiliar, get familiarized ASAP. Now…

Let’s become millionaires!

Is it all about the money?

First off, it’s not about the money. Well, OK, I guess in a big way it is about the money, but the money is the WHAT, not the WHY. And the WHY is what I’m after.

Allow me to explain. I’m sure some of you may have a thing to say about my choice in becoming a millionaire. I’m going to present an opposition and my retort, simply to curb any questions after.

“The love of money is the root of all evil.”

Agreed. But becoming a millionaire doesn’t mean that I love money. It means that I am acquiring a resource. Think of it this way: there are people who live in cabins in the mountains. These cabins rely on chimneys and/or wood burning stoves for heat. Such people spend time and energy amassing stacks and stacks of chopped wood as fuel for their heat source. Does that mean that they love the wood? No. It means that they are being wise in thinking ahead. The resource of wood equates to warmth in times of bitter cold. Wood becomes warmth. Money becomes warmth too. Not if you burn it, but if you use it to not be out in the cold.

“Money can’t buy happiness.”

Neither does poverty, at least not outside of a structured system (e.g., a monastery, an Amish village, aforementioned off-the-grid mountain cabin, etc.). If you are someone who believes you can find ultimate happiness by having absolutely no possessions or money, great! I’ve seen YouTube videos of people who figure out ways to live without money; whether they rely on friends or dumpster dive.

But that’s not the life for me.

I hope to have a family and digging through the trash for expired food to feed that family doesn’t appeal to me, especially when I can’t control who throws away what and when and if the authorities allow me to even dumpster dive in the first place. Besides, what man would be proud to say he feeds his family from a dumpster? Not me.

“It is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of heaven.”

The term “rich” is subjective. Nearly every U.S. Citizen is rich compared to most of the other people on earth. Does that mean that we’re all doomed? I don’t think so. Sure, a person who has massive amounts of cash may think that he’s untouchable, but not your average millionaire. Personally, I think the phrase is more about a frame of mind — a disposition — than an ultimate destination. Some rich folks are simply unhappy because there’s no purpose in their lives. I want to live a life of purpose, not luxury.

“True wealth can’t be counted in dollars.”

We’re in agreement again. That said, many people like to state, for example, that “health is wealth.” I agree again. I too believe that there are many aspects of wealth (e.g., love, fulfillment, spiritual, etc.), but, even in the above example of health, it’s a lot easier to see a good doctor if there is money in my bank account. That leads to health which, as noted, is wealth. Also, if we’re working in less-than-desirable environments or stressed out over trying to pay the bills, our health can falter. Yes, true wealth can’t be counted in dollars but dollars help grease the rails.

“Greed is evil.”

Everyone (with the exception of Gordon Gecko) agrees that greed is evil. Wanting to be financially well-off isn’t greedy, it’s simply wanting to not have to work for other people who, ironically, can be greedy. Now, there are many great companies to work for and thousands of wonderful bosses. But, at the same time, there are greedy company owners and greedy bosses. Being my own boss (and angling for the not greedy route) is a way to not be lorded over by such greedy people.

Also, there’s an assumption that anyone who has money hordes it away in a vault like Scrooge McDuck. Not so. Many millionaires (and billionaires) are philanthropists. On that note, if you are someone who wants to join me on this journey to millionaire, and you’re not giving now, start. Yes, start giving even if you don’t have lots of money. If you can give when you’re broke, you can give when you’re rich but if you can’t spare a buck now, you’ll most likely be one of the greedy rich later.

“There are more important things in life than money.”

We’re on the same wavelength. I truly believe that the best things in life are free. Yet there are a lot of things that aren’t necessarily the best thing in life and it doesn’t come free. Gasoline isn’t the best thing in life and it’s not free. Got to call the plumber? Guess what… that plumber isn’t free. Lots of things in life take cash. So having cash on hand is not such a bad thing.

Follow the money

What do I plan to do with the money? Invest it and live off of the interest a la Mr. Money Mustache. I’d also like to do whatever I want with it. I’d like to open a coffee shop/pub. I’d like to own laundromats. I’d like to own apartment complexes. I’d like to travel all over the earth. What would you like to do?

Life in the fast lane

As of this moment, I’m listening to “Unscripted” by MJ Demarco. I’m pumped! I’m an entrepreneur, no longer an employee. I want to build systems to get to a million dollars faster than fifty years of saving. Honestly, I don’t know if I have another fifty years left on this earth.

I’m looking to share my experiences with you. I know I can do it. That’s not the question. The question is how will I do it and how long will it take me.

Let’s find out.