Grant Cardone
π€ SpeakerAppearances Over Time
Podcast Appearances
For an economy to be good, money has to circulate.
And the faster it circulates, the more confidence it gives people, right?
Well, in a contraction, everything gets stodgy and slows down.
People quit spending.
People quit spending money on advertising, marketing, branding, expansion, locations, employees, everything.
Yeah, we're definitely going into a big one.
They just stop.
And this could be bigger than 08.
So what happens is if you have the courage, by the way, courage is the greatest currency on planet Earth.
But the problem with recessions is people deny them for so long.
We're in one right now.
We've been planning for this since February of last year.
It is the greatest asset of all assets.
So I'm already so far ahead of most people.
particularly if you could combine it with some vitamin C with some vitamin D, some discipline.
What happens with a contraction?
A recession is basically a contraction, okay?
So if you can take courage and discipline, you become a threat during a contraction because people have lost their courage.
It's the same amount of money exists in the environment.
It's just everybody got lost confidence.