Grant Cardone: Reinventing at 50 to Build a Multi-Billion Dollar Business from Rock Bottom | E84

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Leap Academy with Ilana Golan 42 min 2 speakers 6 chapters transcribed
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How did Grant Cardone reinvent himself at 50?

Ilana 0:10
Grant Cardone, CEO of Cardone Capital, from building a multi-billion dollar real estate empire to teaching millions how to sell, how to scale businesses,
Grant Cardone 0:20
I didn't come for money. I didn't have connections. And unfortunately, I did not spend the first 50 years of my life getting connected. My dad died when I was 10, and everything changed. Drifted into a drug problem when I was 15, overdosed three times, and I should not be where I'm at today. The biggest hack on this planet is to change the network you hang with. And the fastest way to change the network is to write a check.
Ilana 0:47
I love that, and I keep buying my way in.
Grant Cardone 0:50
And I really, really appreciate you supporting us on the Grant Cardone Foundation. You're in transition right now. It's not too late. I was 51 years old. The economy had collapsed, and I was like, what did I do wrong? What I had done wrong was...
Ilana 1:18
Oh, my God. Today I have such a treat. Grant Cardone, who was also a mentor and somebody that helped me, is a fund manager. He's the CEO of Cardone Capital. He's the CEO of Cardone Training. Serial entrepreneur is an understatement for you, Grant. But he really, he's like a real estate investor. He's a private equity fund manager. From building a multi-billion dollar real estate empire to teaching millions how to sell, how to scale businesses. Seriously, Grant, the 10X movement is not just a slogan. It's your way of life.

What childhood struggles did Grant Cardone face?

Grant Cardone 1:48
Yeah, and it's actually, I wrote a book in 2012, maybe, called The 10X Rule, and that thing really hit. It wasn't my first book. And it was a very significant book for me because I was 51 years old at the time, and I had plateaued in my career. I was in transition. My industry was in transition. 2008 came. Economic collapse had lasted way longer than anybody wanted it to. And it really drained me of resources, energy, focus. And I found myself almost in this mid, you used the word already, late stage career. I was in like this crisis. And you're 50 years old and you're like, hey, I'm running out of time. I'm running out of energy. I've already worked 30 years. I don't want to do this again. Like I'm going through my money, burning through resources.
Grant Cardone 2:39
A lot of people are going through the same cycle right now. And so I had to kind of reboot. I didn't come for money and I never, I didn't have connections. And unfortunately, I did not spend the first 50 years of my life getting connected.
Ilana 2:53
Yeah, let's go there for a second because your story is phenomenal and you weren't born to wealth. And I want to make sure everybody understands that. Let's just take back in time to the kid in Louisiana.
Grant Cardone 3:05
Look, I grew up where there was, we had air condition and heater and we had a three bedroom house for five kids, mom and dad. My dad died when I was 10 and everything changed. The whole world got flipped upside down.
Ilana 3:20
Take us there for a second because you talk a lot about that also in Undercover Billionaire. That was a pivotal moment for you, for your mom, for your family.
Grant Cardone 3:28
Yeah, because if you're a parent, you know, kids are always watching and they're always learning. And for me, I was learning throughout the most traumatic moment of a kid's life, which is the loss of a parent. And I'm also watching my mom, which I'm very connected to spiritually. I'm watching her go from what should have been grief to fear. I could see it on her face. I don't need a class in fear to know what it looks like. Like, I'm like, shit, she's scared. I didn't know what she was scared of, but then I kept hearing the money thing. Got to sell the house, got to sell the cars, got to downscale, got to move us, got to get closer to the schools. When a human being should be in fear, right?
Grant Cardone 4:10
Now, I'd also heard 10 years of how we were doing well and how my dad had got us into the middle class and he'd finally bought his dream home. Boom, next day, all that's unwinding. So once pronounced to me, I'm learning. I'm becoming who I am today.

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