062: The Money Pitch
03.05.2015 - By Young Hustlers
Millennials could be a dominant force in the marketplace, but they are constantly fed false data that keeps them down. They are told they are lazy, entitled and will never amount to the greatness of the generations before them. Grant Cardone and Jarrod Glandt are here to prove otherwise.
They don’t just talk the game—they live it. And every Thursday at 1 PM EST they share free tips on varying topics about entrepreneurship, finances, investing, business practices, and more. Today Grant talks about the taboo topic of how to become a millionaire and addresses the issue of what kind of pitch you have.
Supposed Emerging Affluent Traits:
• 68% are female
• Median household income of $125k
• 48% use a financial advisor
• Average age is 40 years old
You need to have the hustle, but you need to have a plan—hustling with no direction does you no good.
Figure out a timeframe and make a plan backwards. If you have 10 years and you want a million dollars, you need to net $100,000 per year. If you want to go to Las Vegas, you won’t get there until you get on a road that leads to Nevada.
How to Become a Millionaire:
1. Decide you’re going to become a
2. Have a path, do the math
3. Figure your pitch out
Every pitch should start with, “Why did you agree to meet with me?” so that you know what you’re shooting at. Don’t go in guns blazing with no target.
It takes guts, courage and discipline to make money. Stop worrying about passive income and get your pitch down and make money first.