DeMarco contrasts the 'consumer mindset,' focused on buying and using, with the 'producer mindset,' centered on creating and selling. He posits that shifting from consumer to producer is essential for wealth creation, as it aligns one's efforts with the generation of value and income. The key phrase is 'Create to Accumulate.' A direct quote is, 'To consume richly, produce richly first. Producers get rich. Consumers get poor.' An example is the advice to 'Instead of buying products on TV, sell products,' illustrating the power of reversing one's role in the economy. | MJ DeMarco | The Millionaire Fastlane

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The Producer Mindset

DeMarco contrasts the 'consumer mindset,' focused on buying and using, with the 'producer mindset,' centered on creating and selling. He posits that shifting from consumer to producer is essential for wealth creation, as it aligns one's efforts with the generation of value and income. The key phrase is 'Create to Accumulate.' A direct quote is, 'To consume richly, produce richly first. Producers get rich. Consumers get poor.' An example is the advice to 'Instead of buying products on TV, sell products,' illustrating the power of reversing one's role in the economy.

-- MJ DeMarco