531: The Wealth Effect

The Cardone Zone

Grant Cardone

Business, Careers

4.8 • 4.1K Ratings

🗓️ 15 July 2019

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tune into today's episode of Real Estate Made Simple to learn how to create wealth!!! (Amazing Numbers Included)

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Transcript

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0:00.0	He has the magic touch when it comes to real estate.
0:03.6	Patterns of our society are being disrupted.
0:06.8	1.2 billion billion in assets under management.
0:10.9	Grant Cardone is changing the game of real estate.
0:16.1	This is real estate investing made simple.
0:19.5	Get a game.
0:21.7	Welcome Grant Cardone here real estate investing made simple.
0:24.7	And I'm here today to share with you the simplicity
0:29.2	real estate and how you can actually create income, passive income,
0:32.9	and create wealth. Today we're talking about the wealth effect.
0:37.7	The wealth effect not just making a little bit of money, but how can you actually generate
0:43.4	enormous and immense wealth? Okay, protect yourself against dumb things, not blow your money on
0:49.2	stuff that will go down in value. And how do you take advantage of what the wealthiest people
0:55.8	in this plan from Jeff Bezos to Jay-Z to Dr. Dre? What do they know that have taken them in the case
1:03.6	of Jay-Z from being a rapper selling out concerts and music, even throwing around a little dust in
1:11.2	the beginning, selling that. Okay, why is Jay-Z a billionaire today? If he is a billionaire, why is he?
1:17.9	Is it because he sold out concerts? No. Is it because he sold CDs? No. It's because of the wealth
1:23.8	effect. All right, so today what I want to do is I want to show you how to compound wealth
1:27.6	and how to use real estate to do that. Unfortunately, most of us that are watching this are not,
1:37.1	let me just fix this, are not rappers. And we're not Dr. Dre that invested in beats. By the way,
1:44.2	Dr. Dre did not make his money. His wealth was not great. His wealth effect was not because of
1:51.2	his own art, but the fact that he took on other artists and created a compound effect. Now,
	...

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