282: Mistakes Your Parents Made
The Cardone Zone
Grant Cardone
4.8 • 4.1K Ratings
🗓️ 25 October 2017
⏱️ 47 minutes
🧾️ Download transcript
Summary
What did your parents tell you to do? What advice have you received from them that you've bought into? Your mom and dad were your first mentors. You looked up to them because you thought they knew what they were doing. They taught you that things are scarce, that you must concentrate your energies to save, that you've got to buy a home and not rent, and that you must go to college, right? So, you inherit their mistakes. Your mama is operating with some old ideas. You don't save money, you use money. You're sold an idea on college because it used to be the path to the middle class. Your parents taught you ideas that you can't have, that you need to retreat, and that strangers are dangerous.
Learn from their mistakes and learn from your own successes. Instead of what your parents told you, here's what's been successful for me:
1) Invest in yourself first. This will allow you to increase your income.
2) Invest in business second. Wealth is all about creating more and more income, not saving.
3) Invest in other investments that produce income. At some point you need passive income that works for you while you sleep.
Transcript
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| 0:00.0 | Let's drift drive! |
| 0:17.4 | Hey, welcome to the Cardone Zone, Grant Cardone here in every Friday 12 PM Eastern Standard |
| 0:31.5 | Time. |
| 0:32.5 | I come to you to talk about your money, your career, your finance, and today, today I'm going |
| 0:38.5 | to be talking about your parents. |
| 0:44.9 | What mistakes did your parents make that you have adopted? |
| 0:50.3 | What did your parents tell you to do? |
| 0:52.3 | How did they live their life? |
| 0:54.0 | Okay? |
| 0:55.0 | If you're watching on YouTube, Facebook, or Instagram, Facebook, or Instagram, or YouTube, |
| 1:01.4 | or Grant Cardone TV, post in comments, the mistakes your parents made. |
| 1:07.1 | This morning I did a video, put a video up on YouTube about people paying too much attention |
| 1:12.7 | to their mistakes. |
| 1:16.4 | You shouldn't pay attention to your mistakes, folks. |
| 1:18.4 | You should pay attention to your successes. |
| 1:21.2 | What are you doing that works and repeat it? |
| 1:23.6 | Too many people are ignoring their successes and paying attention to their mistakes. |
| 1:30.3 | The mistakes that you want to pay attention to are not your own. |
| 1:34.7 | I know some of you are going to disagree with me on this, and that's fine. |
| 1:37.8 | Please disagree in comments. |
| 1:40.6 | The mistakes you should pay attention to are the mistakes that the people make. |
| 1:44.1 | An idiot can learn from his own mistakes. |
... |
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