Grant Cardone
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I was studying real estate on the weekends.
I wanted my Ben Franklin to have little Benjamins.
And that was kind of a side hustle for me.
There's this thing I do where I never trade paper for paper.
I kept storing money until I was certain about an investment.
I never trade paper for another piece of paper, stock certificate, a bond.
And I made my first investment.
My first real investment was $350,000.
I never trade for anything.
I bought a $2 million piece of real estate with it.
I trade paper for something more valuable than the paper.
And for me, that could be me investing in myself.
That piece of real estate earned me $5 million of profit in three years.
I'm always more valuable than the thousand bucks.
Anything I spend on myself is more valuable.
That was more money than I had made in the previous 20 years.
Number two, I could be the business that I'm working in to make my business better.
In any business, any earned income, any job that I've ever worked at, one investment is
Or number three, once my business is going well and I'm doing well, then I want to I want to store money to put it in something that converts paper to an asset that produces cash flow.
paid me more money in a shorter period of time than I had earned in 20 previous years of earned income.