
The Cardone Zone
819 episodes — Page 13 of 17
271: Budgets for Billionaires
Are you tired of living paycheck to paycheck? You can be making $40,000 a year or $270,000 a year—I know people who do both—and live with no money leftover at the end of the month. What can you do, besides increasing your income? Here are two things you can do to cut your expenses: 1. Reduce your tax bill—There are many things you can do to pay less to the IRS. Make all 9 exemptions. You want the government taking less from your paycheck. Don't pay people, especially the IRS, before you need to. 2. Renegotiate student loans—Why would you pay this right now? Be Donald Trump, say that this deal no longer makes sense. If the president can renegotiate deals, you can too. The bottom line is that rich people do things that poor people don't do. It's not just what you make but what you keep. Search online about budgets, and nobody talks about the IRS or student loans. These are two huge expenses many people have. Cut into these and start keeping more of your money!
270: Top Tips for Increasing Sales
The ability to sell is as crucial to your success as food, water, and oxygen are to your life. Learning how to sell, and then close the deal, is what is needed in the real word to ensure you get what you want to in life—both professionally and personally. All parents are in the business of closing sales because selling is more than just products—selling is being able to persuade, convince, and gather support for your ideas and what you want to do in life—whether in business or in the home. Selling is everything in life. You need to know how to: • Sell in a bad economy • Overcome call reluctance • Fill your pipeline with new business • Stay positive, despite rejection • Utilize social media and avenues on how to propel your business goals
269: Freedom & Finances
Freedom is the power to act, speak, think as you want without hindrance or restraint. Freedom and finances are connected. To get freedom you must focus on income above saving or investing. You can't save or invest if you don't get your income right. Income—Money coming in. Expense—Money going out. Cash—Money left over. What you can raise or lower the most is what you should have your attention on. You can only lower expenses so much. That's why your attention should always be on income. Don't spend your time on the finite number when you should be focused on the infinite number. Quit focusing on the little you have and focus on what is actually available. 4th of July is coming but most people aren't free—you need to have so much income you don't need a budget.
268: How to Blow $1,000,000
How fast can you blow through $1 million? Faster than you think. That's why you need to 10X your finances and become a multi-millionaire. Do you believe $1,000,000 would set you up for life? Never working again? Never answering to a boss or waking up for work? Some people think the answer is yes, or even think $1,000,000 is going to set them up financially to never worry about money again. The truth is, it's really not that much money. If I gave you $1,000,000 today, you would not be able to retire comfortably. Don't get advice on what the view is like from someone half way up the tree, because they can only tell you what they think the view is going to be. A millionaire with a a couple of million to their name is not financially secure—they have not financially arrived yet!
267: Saving For Retirement
Saving For Retirement...Your mom told you to save for a rainy day and that a penny saved is a penny earned. If you've never been taught to make money, being taught to save money is kind of stupid. You've been taught that you must start saving early, but what are you even saving for? Should you send your money to people you don't know to diversify? People that actually make it put a big bet on one thing. Finances are about playing offense. Who's got your money? You need to make so much money that you can't spend it all. When I make money I get rid of it as fast as I can because money gets bored. Don't stick your money in an IRA, concentrate on investing in yourself so that you can begin to increase your income.
266: Investing in the Stock Market
Where can you find a better return on investment than the stock market? Anything that is not simple, something that you don't understand, you turn control over to someone who understands what they're doing. If you don't know what you're doing, you will feel stupid. That doesn't mean you are stupid, it means the thing is messed up. You don't need the stock market to make money. If you make $50,000 a year, you could make another $13,000 a year in the stock market maybe—or you could just make $50 more every day. There are so many ways you can make an extra $50 a day now rather than giving your money away long term to people you don't know to do who knows what with your cash. Besides, if you make $50,000 a year there is nothing left over to invest in the stock market anyway. Increase your income first before worrying about investing!
265: Never Get Your Advice From a Millionaire
Never get advice from a millionaire. Don't get advice on what the view is like from someone half way up the tree, they can only tell you what they think the view is going to be. That's why you don't want to get advice from someone not even half way there. The problem with the Millionaire Next Door: 1)Think is too small—There's not enough zeros to last you any length of time 2)Conservation mode—Spend all energy trying to save the million. 3)Math doesn't work—$33,000 a year is no money. You can't just quit after making $1 million When you have a million dollars, you're scared. Don't be the millionaire next door who is conserving the little pile they have. To make your money last longer than your clock, you need much more than $1 million, so never take financial advice from a mere millionaire! FREE GIVEAWAY Get your Free Millionaire Booklet http://millionairebooklet.com/free
Special Edition: Gary Vaynerchuk & Grant Cardone
Grant Cardone talks with Gary Vaynerchuk in today's Power Players. Gary has built businesses his whole life. He grew his family's wine business from $3 million to $60 million and started VaynerMedia, a social-media focused digital shop that helps Fortune 500 brands tell their stories and drive their business results. Gary has written 3 NY Times Best Sellers and does the #askgaryvee show along with much, much more. In today's episode Gary talks about his upbringing coming to the States from Belarus and how entrepreneurship is in his DNA. Is entrepreneurship something in our DNA or is it something that must be trained? Gary hated college, but was able to master Madden 94 along the way. He worked so hard in his 20's that his one regret was that he didn't spend more time with his friends. He tells Grant the best way to build wealth is to think long-term, not short-term. Gary also sincerely believes he works harder than anybody, and his goal is to do just that.
264: Why A House Is Not An Investment
Should you buy a house? What would you do if I told you a house is a terrible investment? Buying a house makes you lose mobility and during the last 100 years, adjusted for inflation, the average home has gone up 1%. If it doesn't make you money don't buy it. The U.S. Census Bureau came out with a new report showing the fastest growing cities in America with cities in the south—specifically Texas and Florida—growing at the fastest rate. You need to be in a position to be able to move where the money is. 1)Houses are a bad investment 2)Buy things that make you money 3)A house is a liability 4)You need to have the ability to move quickly to follow opportunity I talk in black and white terms a lot, so keep in mind there are always exceptions to rules—but don't go and buy a home!
263: Saving For Retirement
Saving For Retirement...Your mom told you to save for a rainy day and that a penny saved is a penny earned. If you've never been taught to make money, being taught to save money is kind of stupid. You've been taught that you must start saving early, but what are you even saving for? Should you send your money to people you don't know to diversify? People that actually make it put a big bet on one thing. Finances are about playing offense. Who's got your money? You need to make so much money that you can't spend it all. When I make money I get rid of it as fast as I can because money gets bored. Don't stick your money in an IRA, concentrate on investing in yourself so that you can begin to increase your income.
Special Edition: Tai Lopez & Grant Cardone
Tai Lopez comes on Power Players with Grant Cardone to discuss quality versus quantity, Tai's cars, Tai's women, and much much more. Grant and Tai agree that the big thing money gives is freedom, and they take questions from callers on business, sales, and social media. Tai even reveals his fist gig was selling tomatoes!
262: The Next Recession
When is the next recession going to happen? A Recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. By the time the media calls it a recession it's already too late—it will be after the fact and you have already been affected. To be honest, I'm looking forward to the next recession because I'm prepared for it. You want to expand in a contraction. To do so you must learn how to make more money and that requires either specific high paying skills or an entrepreneurial approach to wages. Contractions are not something to be scared of but rather opportunities for those properly prepared for them. 1) Don't wait for it to get here operate like it is here now. Out work everyone now as though the contraction is fully here. 2) Stop spending except on those things that can increase income. Do not spend to consume; spend only to increase income. 3) Accumulate cash. This way you can steal when the market goes down. 4) Learn 'how' think rather than 'why' think and act like an entrepreneur. That means sales, marketing, negotiating, follow up, and branding.
261: How to Blow $1,000,000
How fast can you blow through $1 million? Faster than you think. That's why you need to 10X your finances and become a multi-millionaire. Do you believe $1,000,000 would set you up for life? Never working again? Never answering to a boss or waking up for work? Some people think the answer is yes, or even think $1,000,000 is going to set them up financially to never worry about money again. The truth is, it's really not that much money. If I gave you $1,000,000 today, you would not be able to retire comfortably. Don't get advice on what the view is like from someone half way up the tree, because they can only tell you what they think the view is going to be. A millionaire with a a couple of million to their name is not financially secure—they have not financially arrived yet!
260: How to Look for Opportunity
Don't look for an industry, look for the opportunity. Opportunity is a set of circumstances that makes it possible to do something. The middle class looks for jobs to solve their problems. You want to have problems. People at MIT and Harvard don't even know what opportunity means, they are looking for a job. Here are 4 tips today to find your opportunity: 1. Look for opportunity: before you can see opportunity you have to look. 2. Be willing to read and research—you won't find opportunity without knowledge. 3. You have to go for it: you have to leave where you are comfortable. 4. Make contacts: everything you want, somebody else has it.
259: How to Find Your Dream Job
How to Find Your Dream Job—It's been said that having a job means just over broke. You have the wrong job then. You can work for someone else and get rich. You don't have to own the business to get rich. If you are broke, it's not a dream job. A dream job is not what you want to do. A dream job will pay you enough money to make money on this planet. You don't need to love it, you need money. Don't tell me how much you love your job; tell me how much paper you get. You need to get in the right vehicle. The right vehicle has 2 things for a dream job: 1) Margin—The 99 cent store will never pay enough because they have no margin. 2) Volume—Selling planes may have big margin but there is no volume in that. The right vehicle will also have the right driver, someone willing to accelerate and go. Don't move to an industry that is dying. The right vehicle will have horsepower and not just give you the job you want, but the life you want.
258: Never Get Your Advice From a Millionaire
Never get advice from a millionaire. Don't get advice on what the view is like from someone half way up the tree, they can only tell you what they think the view is going to be. That's why you don't want to get advice from someone not even half way there. The problem with the Millionaire Next Door: 1)Think is too small—There's not enough zeros to last you any length of time 2)Conservation mode—Spend all energy trying to save the million. 3)Math doesn't work—$33,000 a year is no money. You can't just quit after making $1 million When you have a million dollars, you're scared. Don't be the millionaire next door who is conserving the little pile they have. To make your money last longer than your clock, you need much more than $1 million, so never take financial advice from a mere millionaire! FREE GIVEAWAY Get your Free Millionaire Booklet http://millionairebooklet.com/free
255: How to Grow Your Business
If you want inflow, you need to give outflows. What are you putting out into the world? If you don't confront the size of your business, how to grow it, and how to multiply things, you will stay small, break even, and eventually lose. There are three things every business owner/entrepreneur must confront. 1) Big think—Stay small and you'll get crushed. The big boys don't get punished. Bigger is better. You want to be Google or Facebook. Do you want to be an eagle or a scavenger, just hoping for some leftovers? 2) How to Scale—Going from $4,000 a month to $40,000 can be a problem. Don't manage the business, grow the inflow. If you can't raise money, you need to transact with people. 3) Multiple streams of income sources—You can't be dependent on 1 or 2 clients. Staying smaller doesn't let you be a better provider. You need multiple flows coming from all directions.
254: Transformers
Take setbacks and convert them. When have you been hit in life? We all have been hit, and they don't teach you how to deal with these failures in college. It's valuable to be able to transform failures to positives. What's your movie going to be? The hero or the guy that quit? Everybody has to go through a transformation. Transformation is defined as a thorough or dramatic change in form or appearance; a metamorphosis; the induced or spontaneous change of one element into another. Make a decision to convert setbacks into transformations. 10XGrowthCon is an opportunity for a transformation—24 of the most sought after business experts in the world will be talking for 3 days including live Q&A sessions. Are you ready to blow up and have the biggest year of your life?
253: Investing in the Stock Market
Where can you find a better return on investment than the stock market? Anything that is not simple, something that you don't understand, you turn control over to someone who understands what they're doing. If you don't know what you're doing, you will feel stupid. That doesn't mean you are stupid, it means the thing is messed up. You don't need the stock market to make money. If you make $50,000 a year, you could make another $13,000 a year in the stock market maybe—or you could just make $50 more every day. There are so many ways you can make an extra $50 a day now rather than giving your money away long term to people you don't know to do who knows what with your cash. Besides, if you make $50,000 a year there is nothing left over to invest in the stock market anyway. Increase your income first before worrying about investing!
Special Edition: Mistakes in Business with Kevin Harrington
Kevin Harrington and Grant Cardone talk Mistakes in Business – 10X Growth Con: Join Kevin Harrington— inventor the world-famous Infomercial (ever heard of As Seen on TV?) at 10X GrowthCon! In addition, guys like Daymond John, who went from a wage worker at Red Lobster to a multi-millionaire and star of Shark Tank, Jay Abraham who built strategy for the top entrepreneurs in the world, Tim Grover who trained Kobe Bryant, Dwayne Wade and Michael Jordan, Russell Brunson who founded Click Funnels, and the list goes on and on. It's miraculous that all of these people were able to make space on their schedule to be in sunny South Florida at the same time. Will you be there? You can avoid the business mistakes Kevin discusses—and learn from 23 others—all in a 3-day event that is your best opportunity to grow in 2017.
Special Edition: Selling & Marketing with Victor Antonio
A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20-year career as a top sales executive and becoming President of Global Sales and Marketing for a $420M company. As Vice President of International Sales in a Fortune 500 $3B corporation at the time, he was selected from over 500 sales managers to join the President's Advisory Council for excellence in sales and management. He's the author of 12 books on sales and motivation and has shared the stage with top business speakers: Rudy Giuliani, Zig Ziglar, Paul Otellini (CEO of Intel), and John May (CEO of FedEx Kinkos). As an international sales trainer he has worked with companies in Europe, Asia, Saudi Arabia, Australia, Latin America, Middle East, United Arab Emirates and South Africa. He is also the host of 'Life or Debt' on Spike TV where he helped families on the financial brink by teaching them how to run their family like a business.
252: Time is Money
There is a direct relationship between time and money—they are connected. What do they have in common? If you want more money, you really want more time. Speed is the new big. You need to either go half as far or twice as fast. If you could have more of time or money, which of them would you choose? Time is money. Time is distance / speed, so if you want to get rich you have to do more with your time or buy other people's time. Grant is in a hurry. When you slow down you become less valuable. Grant is in a hurry. When you slow down you become less valuable. Plant more crops each day and you'll have a bigger harvest. Here are 3 tips today: 1. Decide to control time. 2. Make Priorities. 3. Multiply time. The same 3 problems exist with time and money. People don't know how to make it, keep it, or multiply it. It's the same 3 problems.
Special Edition: The Ecosystem of Social Selling with Jamie Shanks
Jamie Shanks talks to Grant Cardone about the ecosystem of social selling and how selling is changing in the world today. Jamie is an expert at helping sales and marketing align. The first step is where is your buyer? Are they on Facebook? Are they on LinkedIn? You need to be there along their buying journey and arm them with information. Your job is to start conversations using the digital assets available to you. Be sure to watch this video for Jamie's thoughts on what he calls trigger, referral, and insight-based selling!
Special Edition: The MFCEO with Andy Frisella
Special Edition: Always Learning with Gloria Banks
What does it take to climb to the top of the ladder at Mary Kay? Gloria Mayfield Banks is a teacher, trainer, speaker, mentor, and motivator. A graduate of Harvard business school, Gloria has set company records for Mary Kay, making over $24 million in sales within a few short years. Her hard work and determination has made her into an internationally renowned motivational success strategist, sales trainer, and a top network marketing mogul. She has appeared on GrantCardoneTV. She will be speaking at 10X GrowthCon. Come to the biggest entrepreneurial business conference of all-time.
Special Edition: Networking with Lewis Howes
Grant Cardone and Lewis Howes will both be at the upcoming 10X GrowthCon in Miami this March. The 2017 10X Growth Conference presented by Grant Cardone promises to be the #1 business conference of the year. Don't miss this chance to spend 3 days with over 20 Experts, Entrepreneurs and Business Executives in 40 sessions detailing exact strategies and tactics being used to dominate the market. These experts charge as much as $10,000/hr to consult people on their business growth strategies, and now YOU can get access to every session, live Q&A, unparalleled networking opportunities and priceless information for a fraction of what a consulting fee would run you. This is an exclusive event, seating is VERY limited, and this event will sell out. Do not miss this once and a lifetime chance to accelerate your path towards your business and financial goals.
Special Edition: Sharpening the Iron with Tim Storey
Sharpening the Iron with Grant Cardone and Tim Storey: The old saying that iron sharpens iron is true. You don't know all your blind spots. Listen in to Grant and Tim talk about making your dreams a reality, turning setbacks into comebacks, and what you can do about blind spots—because we all have them.Tim and Grant will both be at 10X GrowthCon this March. What would you pay to change your life forever? What will it be worth to take your income from where it is to 10X that? What would you pay to spend three days with me? What questions do you need answered? What do you need to know to blow up? What do you need help with? Social media, branding, getting known, closing the sale, building a team, investing? What would it be worth it to simply know the mistakes to avoid?
Special Edition: The Artist & The Entrepreneur with Roddy Chong
Roddy Chong is one of the world's most talented violinist most known for his works with Shania Twain, Celine Dion, and the Trans-Siberian Orchestra. But what most people don't know about Roddy is that his skill alone didn't get him to where he is today. Roddy and Grant talk about how being an entrepreneur really is what helped Roddy achieve the levels of success he has today. Roddy Chong is one of many that will be at the 10XGrowthCon, now the bigger question is, will you be there?
Special Edition: Formula to Success with Brad Lea
Brad Lea is coming down to Miami for 10X GrowthCon! He is banking $50 million a year and the creator of Lightspeed VT, a great virtual training platform. What did Brad do to get where he is today? How important is it to be connected to important people? Find out why Brad wants to hang out with people that make him feel like a loser. Brad also reveals why you have to make adjustments. The 2017 10X Growth Conference presented by Grant Cardone promises to be the #1 business conference of the year. Don't miss this chance to spend 3 days with over 20 Experts, Entrepreneurs and Business Executives in 40 sessions detailing exact strategies and tactics being used to dominate the market. These experts charge as much as $10,000/hr to consult people on their business growth strategies, and now YOU can get access to every session, live Q&A, unparalleled networking opportunities and priceless information for a fraction of what a consulting fee would run you. This is an exclusive event, seating is VERY limited, and this event will sell out. Do not miss this once and a lifetime chance to accelerate your path towards your business and financial goals.
Special Edition: Hustle vs Strategy with Jay Abraham
Everyone needs hustle, if you aren't hustling you are being lazy. Forget Tim Ferris and his 4-hour work week, and forget the "normal" 40 hour work week. If you want massive sucess, you need to start working hard. That said, you need skills with your hustle. It's not only about the hustle. If you have no skills or strategy to go with your hustle than you are just spinning your wheels and wasting your time. You must combine hustle with strategy!
Special Episode: Instinct vs Over-Thinking with Tim Grover
Between the years of 1991 and 2013, there were 23 NBA championships won, and 14 of those were won by teams led by just 3 men—Michael Jordan, Kobe Bryant, and Dwayne Wade. There is only one man who has helped bring out the best in 14 different NBA championship teams. His name is Tim Grover, and he personally trained elite champions Michael Jordan, Kobe Bryant, and Dwayne Wade. You may not play basketball, I don't, but Tim can still help us in our business because he will help us understand what it means to dominate. To be the best in sports or business or any other aspect of life, it's never enough to just get to the top; you have to stay there, and then you have to climb higher because there's always someone right behind you trying to catch up. Most people are willing to settle for "good enough." But if you want to be unstoppable, those words mean nothing to you. Being the best means engineering your life so you never stop until you get what you want, and then you keep going until you get what's next. And then you go for even more. Tim Grover trained Kobe Bryant and Michael Jordan. You need the mindset of a champion to make it big!
251: Budgets for Billionaires
Are you tired of living paycheck to paycheck? You can be making $40,000 a year or $270,000 a year—I know people who do both—and live with no money leftover at the end of the month. What can you do, besides increasing your income? Here are two things you can do to cut your expenses: 1. Reduce your tax bill—There are many things you can do to pay less to the IRS. Make all 9 exemptions. You want the government taking less from your paycheck. Don't pay people, especially the IRS, before you need to. 2. Renegotiate student loans—Why would you pay this right now? Be Donald Trump, say that this deal no longer makes sense. If the president can renegotiate deals, you can too. The bottom line is that rich people do things that poor people don't do. It's not just what you make but what you keep. Search online about budgets, and nobody talks about the IRS or student loans. These are two huge expenses many people have. Cut into these and start keeping more of your money!
250: Economic Expansion
Grant is in the Cardone Zone every Friday at noon EST. Are You Ready for Economic Expansion? Will Donald Trump be good for the economy? If the taxes go down and the debt goes up, there will be big expansion for probably 2 years. People are getting confident and they start spending money. When the economy expands, here are 5 things to prepare you for when the table gets turned: 1.Increase your Think—Have massive goals. Think big and then 10X that. 2.Reduce the Time—Take time out of the equation. You need to shorten deals. Don't waste Saturdays. 3.Fill your pipeline Up—Always have so much going on that no one deal is that big to you. 4.Stay Super Focused—You don't get this from CNBC and Facebook. Train daily to stay sharp. 5.Follow the Money—Don't just hustle. Sorry Gary V, it's not just about the hustle. You need skills. 6.Stack and Pack—Keep saving money and put it away. You'll need it later. Whether there is economic expansion or contraction, you need to figure out how to prosper in all situations! Get on www.Cardoneu.com today it's your last chance for lifetime access.
249: Stock Market vs Real Estate Investing
Today on the Cardone Zone Grant Cardone compares and contrasts the stock market and real estate. If you invested $1,000 in stocks (one share of the DOW) in 1985 today it would be worth $18,950. The average cost of home in 1985 was $24k and today it is $240K. You don't make 216K from that, you have to put a new roof on it and paid property taxes for 30 years. Houses on average went up 10X. There are better investments than this. My properties pay me 10-12% every year and my tenants pay down my debt. With income producing real estate over time debt will go down or value will go up with the property—or both likely. Pay more rent and less in housing. You need renters paying your debt down not you paying it down in a house. In the stock market for every Apple there are 50 that never went anywhere. Don't make little moves. Make big moves. Get at least $100K before you start investing. If you want to get rich get income producing properties only. You don't need stock, houses, gold, or bitcoin. If you can't repeat it, it's no wealth because it can't be duplicated. Guessing the right stocks and flipping houses are like a casino, you can pick a winner but can you duplicate it over and over again? Try and start with 16 units—so what if it's a bigger payment, don't think small. If you can figure out 4 you can figure out 16. You have to be committed and creative. If you lack creativity to get money, you aren't committed. If you are ever going to get in the real estate game you must have income and know how to make money. Get on Grant Cardone's Playbook to start earning more cash so that you will have something to invest for in the future.
248: The Economy & The Fed
Dollars aren't tied to gold. Your money is dying—it's going down in value each day. That's why you need to get as much money as you can as fast as you can so you can put it into assets that will blow up. Money that just stays money will die. The problem is that you are being educated by people who are teaching you things from a bygone era. Middle class wages are flat and they won't be going up again. You must simplify this. If it doesn't produce income, don't do it. When interest rates go down, debts go down, and assets go up. It's all artificial. Your money is going down in value. Get rid of it and put it into assets, but wait until you have $100K saved. You need to first understand basic economics—you want it, they have it, go and ask for it. In 1960 the minimum wage was $1.60. That was worth $2 more than minimum wage is worth today even though the dollar amount is higher.
247: My Daily Rituals
How do you start your day? Do you have a routine? When you think of the word ritual, do you picture a bunch of guys wearing hoodies starting a fire out in the woods? A ritual is really just a sequence of activities. Grant doesn't do a ritual every day because he's not perfect, but he is good and wins most of the time. He's happier, has more confidence, and gets more energy when he does his ritual. 1. Wake up and beat the sun—Why way until the neighborhood is already up when you can be the first one? 2. Write your goals down—Journal your future, don't report your past. You can only write about your mommy and daddy so many times. Your attention needs to be on the future. 3. Urinate 4. Workout—This will give you energy for the rest of the day. 5. Shower 6. Read 7. Eat 8. Listen to music while driving to work that pumps you up. You don't have to have this same exact routine but do something that fits you. Don't wait until you get to work to get your day started. You should know your targets for the day before you get to the office. In a crazy world you can bring normality, prediction, and control by having a ritual. You need to deliver every day and bring it—and having a daily ritual will help you fill your calendar and be more productive.
246: Wealth Management
What does wealth management mean? It's managing all parts of your financial life, including money, assets, brand, reputation, and future expansion. Wealth is an abundance of valuable possessions or money. Management is the process of dealing with or controlling things or people. The bottom line is you can't manage what you don't create and you won't create what you can't manage. There's not a course in college on this stuff. If you don't have income, you don't have wealth. If I don't know you, I won't buy from you. Here are 3 simple steps to wealth: 1) Create it—Most people don't know how to make enough money to ever save any. 2) Protect it—Few people know how to keep the money they do make. 3) Grow it—Even fewer people can grow the stack they've got. That is wealth management. To get your finances in order get on Cardone University today.
245: Investing in Real Estate
Today on the Cardone Zone Grant Cardone talks real estate. Don't invest in stocks. Don't do gold or silver. Don't do an IRA. The best investment you can make is in real estate. Getting rich is simple. 1. Increase your income 2. Save the extra 3. Invest savings Grant breaks down why real estate is the best investment and goes over various examples with numbers on the whiteboard. It's better to get a place with many residents than just one. You don't want just one door. Let renters pay the debt down. You can leverage your money to a high-degree in real-estate. You can buy a $2 million property for 500K. But to invest 500K you need to save 500K, and that requires a salary larger than 50K.
244: Time is Money
There is a direct relationship between time and money—they are connected. What do they have in common? If you want more money, you really want more time. Speed is the new big. You need to either go half as far or twice as fast. If you could have more of time or money, which of them would you choose? Time is money. Time is distance / speed, so if you want to get rich you have to do more with your time or buy other people's time. Grant is in a hurry. When you slow down you become less valuable. Grant is in a hurry. When you slow down you become less valuable. Plant more crops each day and you'll have a bigger harvest. Here are 3 tips today: 1.Decide to control time. 2.Make Priorities. 3.Multiply time. The same 3 problems exist with time and money. People don't know how to make it, keep it, or multiply it. It's the same 3 problems.
243: How Donald Trump Closed the Deal
Grant Cardone offers insights and advice to help the middle class break out and achieve true freedom in business, career and finance. Each week NY Times best selling author, self made multimillionaire entrepreneur and international sales expert Grant Cardone focuses on matters affecting the middle class. Whether it's jobs and careers, finance, entrepreneurship, Grant's real, raw in-your-face delivery serves as a wake up call for anyone ok with just being comfortable. The Cardone Zone is like no other business show presently on air. After one viewing you'll be inspired to make success your duty, responsibility and obligation as you break free of the middle class and break into true freedom.
242: Investing in Real Estate
Today on the Cardone Zone Grant Cardone talks real estate. Don't invest in stocks. Don't do gold or silver. Don't do an IRA. The best investment you can make is in real estate. Getting rich is simple. 1. Increase your income 2. Save the extra 3. Invest savings Grant breaks down why real estate is the best investment and goes over various examples with numbers on the whiteboard. It's better to get a place with many residents than just one. You don't want just one door. Let renters pay the debt down. You can leverage your money to a high-degree in real-estate. You can buy a $2 million property for 500K. But to invest 500K you need to save 500K, and that requires a salary larger than 50K.
241: Money Talks
Grant Cardone offers insights and advice to help the middle class break out and achieve true freedom in business, career and finance. Each week NY Times best selling author, self made multimillionaire entrepreneur and international sales expert Grant Cardone focuses on matters affecting the middle class. Whether it's jobs and careers, finance, entrepreneurship, Grant's real, raw in-your-face delivery serves as a wake up call for anyone ok with just being comfortable. The Cardone Zone is like no other business show presently on air. After one viewing you'll be inspired to make success your duty, responsibility and obligation as you break free of the middle class and break into true freedom.
240: How to Rip Off the IRS
Grant Cardone and Jarrod Glandt bring you the tools you need to succeed in the 21st Century. Plenty of you want true freedom, prefer entrepreneurship to 9-to-5 and are hungry for a mentor who gives you the raw and real deal. Grant doesn't care what your age is, he knows you're a Young Hustler. Every Thursday at 12 PM Grant and Jarrod bring you sales, business and success tips and insights to succeed in any economic climate. How to Ripoff the IRS: 1. Every person should be taking 9 exemptions. 2. You DO NOT want refunds. Don't overpay the IRS. 3. You need to know the law for expenses. 4. Write off anything and everything you can legally. "To play the tax game, you need cash flow." – GC
239: My Daily Rituals
How do you start your day? Do you have a routine? When you think of the word ritual, do you picture a bunch of guys wearing hoodies starting a fire out in the woods? A ritual is really just a sequence of activities. Grant doesn't do a ritual every day because he's not perfect, but he is good and wins most of the time. He's happier, has more confidence, and gets more energy when he does his ritual. 1. Wake up and beat the sun—Why way until the neighborhood is already up when you can be the first one? 2. Write your goals down—Journal your future, don't report your past. You can only write about your mommy and daddy so many times. Your attention needs to be on the future. 3. Urinate 4. Workout—This will give you energy for the rest of the day. 5. Shower 6. Read 7. Eat 8. Listen to music while driving to work that pumps you up. You don't have to have this same exact routine but do something that fits you. Don't wait until you get to work to get your day started. You should know your targets for the day before you get to the office. In a crazy world you can bring normality, prediction, and control by having a ritual. You need to deliver every day and bring it—and having a daily ritual will help you fill your calendar and be more productive.
238: How to Handle Burnout
Are you burned out? Grant gets asked, "how do you do all this stuff you do?" and "how do you balance it all?" First off you don't want balance. Burning out is a reduction of fuel or substance. You are not a candle so you can't burn out. When the things you do no longer fulfill you, you might start to feel burned out. You need a reason. 1. Understand the definition of burnout. A rocket runs out of fuel so it stops ascending to its target. You have fuel too. The body needs food—fuel. But what do you need? What you need is purpose. 2. Find more purpose. Purpose is fuel that can keep you ascending. Your purpose can sustain you. The truth is you need to be obsessed or be burned out. The average burn out because average doesn't get you excited. Are obsessed or average?
237: Emergency Budgets
Grant Cardone fought a category 4 Hurricane and is back in the studio talking about how budgets don't work. Was a hurricane in your budget this year? Most people don't have an emergency budget but you need one, yet the only way to make a budget work is to out produce it. You can't predict everything that is going to happen. Budgets keep little people little and scared people scared. Quit starting conversations about saving money and start moving the ball downfield and think income. Budgets don't work because: 1. They cause you to contract. 2. You can't predict everything in a budget. Grant uses the 95/5 rule. Spend 95% of your time on income and 5% on expenses. Control yourself if you have to but your problem is not enough money coming in. Why will people override the budget when there is an emergency, but won't spend when there is a great idea that will cost money and take things over budget? Break your budget to expand!
236: How to Rip Off the IRS
Grant Cardone and Jarrod Glandt bring you the tools you need to succeed in the 21st Century. Plenty of you want true freedom, prefer entrepreneurship to 9-to-5 and are hungry for a mentor who gives you the raw and real deal. Grant doesn't care what your age is, he knows you're a Young Hustler. Every Thursday at 12 PM Grant and Jarrod bring you sales, business and success tips and insights to succeed in any economic climate. How to Ripoff the IRS: 1. Every person should be taking 9 exemptions. 2. You DO NOT want refunds. Don't overpay the IRS. 3. You need to know the law for expenses. 4. Write off anything and everything you can legally. "To play the tax game, you need cash flow." – GC
235: Time is Money
There is a direct relationship between time and money—they are connected. What do they have in common? If you want more money, you really want more time. Speed is the new big. You need to either go half as far or twice as fast. If you could have more of time or money, which of them would you choose? Time is money. Time is distance / speed, so if you want to get rich you have to do more with your time or buy other people's time. Grant is in a hurry. When you slow down you become less valuable. Grant is in a hurry. When you slow down you become less valuable. Plant more crops each day and you'll have a bigger harvest. Here are 3 tips today: 1.Decide to control time. 2.Make Priorities. 3.Multiply time. The same 3 problems exist with time and money. People don't know how to make it, keep it, or multiply it. It's the same 3 problems.
234: 3 Things Between You and Money
Today on the Cardone Zone Grant explains how if you make 100K a year you are a rich poor person. The problem is nobody is going to feel sorry for you. If you make $14,000 a year people will feel sorry for you, but if you make $100,000 nobody cares—but both scenarios are broke. There's no money left over. Financial planners always ask you about your savings but they never ask you about your income plan. It's all backward. You need more income. What keeps you from money? 1.Your commitment. If you are committed to 50K you will come up short. Make a commitment to big money. If you don't make more than 100K a year you have nothing to save. 2.Who's Got Your Money? Who's got money around you, what do they need, and what objections do they have? You have to learn to sell and get money from people. 3.You don't know what to do with it once you get it. Few people know when to invest or what to invest in. What's keeping you from money? Is it your commitment, the fact that you don't know where to get money, or that you blow it all once you get it?
233: The Economy & The Fed
Dollars aren't tied to gold. Your money is dying—it's going down in value each day. That's why you need to get as much money as you can as fast as you can so you can put it into assets that will blow up. Money that just stays money will die. The problem is that you are being educated by people who are teaching you things from a bygone era. Middle class wages are flat and they won't be going up again. You must simplify this. If it doesn't produce income, don't do it. When interest rates go down, debts go down, and assets go up. It's all artificial. Your money is going down in value. Get rid of it and put it into assets, but wait until you have $100K saved. You need to first understand basic economics—you want it, they have it, go and ask for it. In 1960 the minimum wage was $1.60. That was worth $2 more than minimum wage is worth today even though the dollar amount is higher.