Grant Cardone: Why Saving Money Doesn’t Work

Mick Unplugged

Realm

Entrepreneurship, Business, Education, Self-improvement

4.8 • 3K Ratings

🗓️ 18 August 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Grant Cardone is a renowned entrepreneur, bestselling author, real estate mogul, and international speaker whose 10X philosophy has transformed lives and businesses around the world. From humble beginnings in Louisiana to building billion-dollar empires, Grant has become a global authority on sales, scaling, and unlocking human potential. Driven by a relentless pursuit to elevate his own potential and a deep desire to serve as the mentor he never had, Grant inspires millions to break free from obscurity, build powerful brands, invest strategically, and never be satisfied with “just enough.” With an unfiltered, energetic style and a heart to help others, he is redefining what’s possible in business and life.

Takeaways:

· Visibility is Vital: Obscurity—not being seen or recognized—is a bigger problem than rejection. For entrepreneurs, your success hinges on being known and remembered for exceptional actions.

· Invest, Don’t Just Save: According to Grant, saving money is futile because of inflation and loss of value over time; the key is to invest aggressively and use earned income to build passive income streams.

· Your Circle Defines Your Ceiling: The people you surround yourself with can either limit or elevate your growth—often, those closest to you won’t see your next-level potential, so seek new circles and environments that foster growth.

Sound Bites:

“You can only spend it, waste it, or invest it. That’s it. The first two don’t work.”

“Obscurity is a much bigger problem than rejection—if you’re being rejected, at least you’re being seen.”

“Quit trying to start things from scratch. Look for businesses you can buy and scale, not just build."

Connect & Discover Grant:

Website: https://grantcardone.com/

LinkedIn: https://www.linkedin.com/in/grantcardone/

Instagram: https://www.instagram.com/grantcardone/?hl=en

Facebook: https://www.facebook.com/grantcardonefan/

YouTube: https://www.youtube.com/user/GrantCardone

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Transcript

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0:00.0	In my lifetime, $100 bill, if I had a $19.58, if somebody had given me $100 and I put it aside and I pulled it out today, it would say $19.58 on it.
0:11.1	And it'd be Ben Franklin on the front of it. It's worth $9.
0:15.3	I can't save it. I'm losing money. It is impossible. You can only spend it, waste it, or invest it. That's it.
0:23.4	The first two don't work.
0:26.7	Welcome to Mick Unplugged, the number one podcast for self-improvement, leadership, and relentless
0:33.4	growth. No fluff, no filters, just hard-hitting truths, unstoppable strategies, and the mindset shifts that separate the best from the rest.
0:44.3	Ready to break limits? Let's go.
0:52.3	Ladies and gentlemen, welcome to another exciting episode of Mick Unplugged, and today I'm talking to one of the four pillars that gave me the blueprint of life.
1:01.8	He's the 10x visionary who turned rejection into real estate empires, authoring multiple bestsellers commanding stages worldwide and helping millions rewrite their money story.
1:12.9	From humble roots in Louisiana to billion dollar boardrooms, please help me welcoming the relentless,
1:19.3	the visionary, the unstoppable, my uncle G. Mr. Grant, how are you doing today, brother?
1:24.8	Nick, great to be with you. And so happy to hear what
1:27.7	you're doing with your podcast. You guys are hitting top top five. I think you're number three today.
1:32.4	So well done. Perseverance, never quitting, always pays off. Hey, you know, I tell people all the time,
1:40.0	there's four people that shape my business mindset, my business career.
1:48.8	Damon John, Robert Irvine, Les Brown, Grant Cardone.
1:54.2	You four, man, collectively is me, right? Like, you guys help create this version of me that I probably didn't see.
2:00.1	But more importantly, what you taught me
2:02.0	was what you just said, don't ever effing give up, man. Like, life, life is not supposed to be
2:07.9	easy because if it were, there'd be billions of billionaires. It would just be harder. If it was
2:13.1	easier, it would be harder. Right, right. Because there'll be more people to compete with.
2:19.0	Exactly. And Grant, there's so much I want to, I want to talk to you about, but I always start
	...

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