Grant Cardone

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.

And so money doesn't move.

Money needs to move.

And because they've lost their courage, they lose their work ethic.

For an economy to be good, money has to circulate.

And the faster it circulates, the more

They believe there's no reason to go to work except to work, to keep their head above water, if you will, survival.

the more confidence it gives people, right?

Well, in a contraction, everything gets stodgy and slows down.

And so during contractions, like you wouldn't even know me if it was not for the 2008, 9 and 10 contractions.

People quit spending.

People quit spending money on advertising, marketing, branding, expansion, locations, employees, everything.

My whole life was built over the last 10 years because of a contraction and because I used courage when everybody else went to recess, if you will.

They just stop.

So what happens is if you have the courage, by the way, courage is the greatest currency on planet earth.

It is the greatest asset of all assets.

Everybody tapped out.

I know some people that said, I'm just going to go to the sidelines for the next year or two until this passes.