159: How to Make Income First

The Cardone Zone

Grant Cardone

Business, Careers

4.8 • 4.1K Ratings

🗓️ 20 March 2015

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week Grant is talking about money, finances, and how you can simplify them to a digestible amount.

If you're stuck at a crossroads you're stuck at a maybe—you need to make a decision. You need to go as fast as you can in one direction, and if it's wrong, adjust your path.

Simplify everything.

Your Finances:
1. Income – How much came in?
2. Expenses – How much went out?
3. Net – How much do we have left?

"You're kept from your genius and your potential because you're overcomplicating everything." – GC

The first thing you have to do is make a lot of money. Your parents taught you about expenses—use coupons, get discounts—and it's a waste of time. You need a financial statement, a plan to make money.

Business is supposed to be fun—and it ain't fun when you're broke. You need to focus on the top part of your financial statement; the income. Get as many flows in as you can and immediately push that back out to build more sources of income.

"Until you identify the right problem you will not be able to overcome it." – GC

Transcript

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0:00.0	Each one of us can build wealth, replace scarcity with abundance, replace average with greatness,
0:09.8	replace uncertainty with conviction. Success is there for the taking. Small business owners,
0:15.8	entrepreneurs, startups, and the ambitious, Grant Cordown tells you what you have to do to
0:21.3	prosper in this new economy. He'll inform you in everything business, finance, and career
0:26.5	related. Get ready. Find the knowledge for your success. It's all here right now in the Cordown Zone.
0:56.5	Yeah. Hey, welcome to the 10X land of Cordown Zone. It is Friday. Miami Beach is where we is. We're
1:17.1	talking about your money today. We're talking about the zone. We're talking about your financial
1:21.7	situation. We're talking about your recommendation work ethic. We're talking about how to get
1:28.6	you freaking hustle muscle banging. We're talking about a new haircut. Why? Because it is Friday. It is
1:35.7	1 p.m. Eastern Standard time. And you have made it to the winners zone where we say, be great.
1:45.6	Because nothing else pays much. My name is Grant Cordown. Hey, you can call us at 305-865-866-8305-865-866-8. I'll take your
1:58.8	calls. Today we're talking about money, finances, career, getting your dough right. I want to simplify
2:07.1	something yesterday. I was on I heart radio W I O D 16 a.m. with Jimmy. Jimmy's been doing radio for
2:16.8	I don't know freaking 50 years. Maybe a hundred. Two hours he does every day. He has me on every
2:23.4	Thursday now W I O D I heart radio. He says Grant. What did it mean that the Fed came out two
2:33.2	days ago and said we are going to be patient on interest rates and we may not raise until April.
2:40.6	What does that mean? What do we do? What happens? Like Jimmy, look man, I'm not the smartest guy,
2:45.9	but I simplify everything. Okay. I don't pretend to be the smartest guy. You don't need to be the
2:51.5	smartest guy. Okay, I'm talking to you right now. You do not need to be the smartest person in the
2:55.3	room. You need to simplify things down to where you become a genius. Simplify things down
3:03.6	until you are a genius. What I mean by that is this. I know what the Fed's going to do, Jimmy. I
3:09.3	don't need to read Wall Street Journal or listen to CNBC. I know what they're going to do. And he's
	...

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