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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!
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
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.
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?
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.
Get insane with money. Grant was labeled when he was younger as problematic, but he just didn't have attention on the right things. You need to have your attention on money. We live on an economic planet. Try going 24 hours without thinking about or using money. It's impossible. Everything you do costs money. A bag of food at Whole Foods costs $80. You have to fund your activities. If you don't get maniacal with your money, you won't have money.
Create the economy you deserve. The word economy originally came from the management of a household. You have to have money to take care of those you love. If you have a shortage, start paying attention to it. For those who don't like maniacs, they say things like "Slow down", "don't toot your own horn", "take it easy"—these are all sayings from people who are against maniacs and don't have money. You need to be a maniac, and that requires you to get obsessed.
In this edition of the Cardone Zone Grant Cardone tells you to GET RICH. Every Friday he gets you in HIS zone and today he tells you all about the R Word. Mommy and daddy told you not to talk about money. Talk about money. Not just enough money. The people who have money are in control. They make decisions. It doesn't matter if it's 3K, 4K, or 6K. It's not enough. Only 1% of people are rich. The other 99% hate on them. Focus on earning income, not saving money.
1.Make a decision to get rich 2.Tell the world about it 3.Develop a killer and do whatever it takes 4.Set targets and follow them up like a maniac 5.Invest every penny you have
It's easier to get rich one time than stay poor for a lifetime!
What do I do with my money?
Today on the Cardone Zone Grant Cardone takes callers and talks about stocks and the financial condition of the world today. If you're in stocks sell. Grant got rid of his stocks last week. In your lifetime you will see no more Macy's and Kmart because shopping centers are going under. Why go someplace to shop when you can click on Amazon? America is the cleanest shirt in the closet—that doesn't mean it doesn't have wrinkles. The likelihood of the market going down is much higher than it going up. You need 100K in savings before you should think about investing. Grant's not being negative, he's trying to help out. All your attention should be on producing money. Wages are going down. There's going to be destruction and people who aren't financially prepared will be punished. Think about it—the stock market is worth 20% more than the entire GDP of the US. It's in the same range as the year 2000 when it boiled over. Get yourself in a position of opportunity. You have to have ammo on a safari—when the time comes to go hunting for real estate you need to be loaded. When the world goes dark it's your time to get bright. Get on Playbook to Millions today to get your money right—the deal is going to end soon—just like the prosperity in the stock market.
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.
This week on the Cardone Zone Grant Cardone unveils the Playbook to Millions, takes callers and solves their problems. You shouldn't invest in anything except in yourself until you have 100K. You need prosperity. To get wealthy you must learn to increase your income. A lot of people couldn't afford the $995 special Grant had running on Cardone University last month so Grant is making something more affordable—an offer you can't deny.
The Play Book to Millions was unveiled today as an affordable way to jump start your income. It's no secret… you want to make money… BIG MONEY. So many want to make it big, OR want to elevate their game to a whole new level… but simply don't know the next steps to take. Grant offers today over 35 HOURS of live training on topics from the most fundamental sales skill to some of the most advanced sales, closing, prospecting, and money making strategies including access to a Private FaceBook Group reserved ONLY for fellow participants of the Play Book to Millions course and the ability to interact and network with other like-minded people. There will be a TON of people wanting to participate in this course and because of the support that Grant and his team are going to provide, space will be extremely limited.
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