Grant Cardone
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it was a non-taxable event, by the way.
It made me a multimillionaire, but it came with no tax consequence, which was like I just stumbled across this concept.
I didn't know that was going to happen, but it was because of the class of investments I was in.
So basically what I was doing was trading time for money at my two jobs.
I had two jobs at the time.
I'm 28, 29, 30 years old.
storing all this money up like a squirrel, like going out and getting nuts for the wintertime, knowing that one day I'm going to use these nuts for something else.
And I was studying real estate on the weekends.
And that was kind of a side hustle for me.
There's this thing I do where I never trade paper for paper.
I never trade paper for another piece of paper, stock certificate, a bond.
I never trade for anything.
I trade paper for something more valuable than the paper.
And for me, that could be me investing in myself.
I'm always more valuable than the thousand bucks.
Anything I spend on myself is more valuable.
Number two, I could be the business that I'm working in to make my business better.
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.
Yeah, I think that's really good advice.
And it's funny because today you're flying around in a private jet grant.