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The Cardone Zone

334: CZ "Cash is King"

The Cardone Zone

Grant Cardone

Careers, Business, 025610

4.84K Ratings

🗓️ 8 June 2018

⏱️ 46 minutes

🧾️ Download transcript

Summary

Cash is king. You’ve heard this expression, time and time again. But the truth is, cash is not king. Cash flow is king.

Inflation makes your money worthless. It takes eight times the money to buy the same product or service today as it did in 1958. That means, what your $1,000 bought back then, it takes $8,269 to buy the same thing, today.

You need to invest your money to have it be worth anything. Cash does no good in the bank.

Here’s what to do with your cash:

1. Invest in yourself to increase your income
2. Invest in your business to increase your income
3. Invest in real assets that produce cash flow

Make sure to take your cash and buy things with it that will make you more cash!

Transcript

Click on a timestamp to play from that location

0:00.0

It's a wake up call for the middle class.

0:04.0

Ouch!

0:05.0

Ouch!

0:06.0

Made it a success, your duty.

0:08.0

What ever it takes.

0:10.0

It ain't your daddy's economy.

0:13.0

True freedom in business, career and finance.

0:16.0

The car.

0:17.0

The car don't zone starts now.

0:20.0

Hey, hey, welcome Grant Cardone here.

0:23.0

We're in the car don't zone every Friday,

0:25.0

every day actually.

0:26.0

12 PM East for Standard Time.

0:28.0

Cardone zone comes to you to talk about whatever you need talking about.

0:33.0

Today I'm going to be talking to you about something your daddy,

0:36.0

your daddy, your mom and your daddy, your uncle, your rich neighbor.

0:41.0

Maybe you read it in a book, maybe you saw it on a meme,

0:45.0

your Instagram people that you found, they said,

0:48.0

man, cash is keen.

0:50.0

You know, I always set the thing right with you.

0:53.0

I always tell you the truth.

0:56.0

And if you've ever heard this cash is keen thing,

...

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