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The Daily Motivation

SECRETS To Building Wealth (Multiply Your Income) | Grant Cardone EP 439

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8960 Ratings

🗓️ 20 November 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Grant Cardone shares the secrets to building wealth and multiplying income. He delves into strategies for financial success, emphasizing the importance of a proactive and disciplined approach to money. Cardone discusses the significance of investing, multiple income streams, and making bold decisions to accelerate wealth accumulation. His insights provide a roadmap for listeners looking to take control of their financial future, offering practical advice on how to strategically grow income and build sustainable wealth over time.

Transcript

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0:00.0

Hi my name is Lewis Howes and welcome to the Daily Motivation Show.

0:07.0

See I wish somebody told me this in accounting. I went there accounting for us

0:15.4

spent five years getting an accounting degree. I only went there for one reason.

0:18.7

I thought they were going to teach me how to account. I'm thinking in the fifth year, dude,

0:23.0

it took me five years to get out of this course.

0:24.6

I'm thinking, this year they're going to teach me

0:26.4

about the money.

0:27.0

There's nothing about money.

0:28.1

And the only reason I went to that course

0:29.5

was figure out, how do you make money?

0:31.6

How do you keep money? How do you keep money? How do you multiply money?

0:34.0

The basic money class.

0:36.0

Like if you just do the math, a guy's like, oh man, 80 grand, I'm good, 80 grand.

0:40.0

Another guy's like, 100 grand and I'm good. They haven't done the math. Another

0:44.2

person says if I just make a million dollars I'm good but you haven't done the math,

0:49.6

the actual math. How much money is that really? You know, 100 grand in Los Angeles.

0:54.4

13,000 goes to the state, you have 87,000 dollars. Okay, half that goes to the

0:59.0

federal government. You're 42,500 dollars. I've done the math. Okay, you're at 425. You go to Whole Foods once a week just to take care of your little baby girl and your wife. You're broke, okay? And we hadn't even handled the health care issue. Right. Trump care, Obama care, you don't care

1:15.2

if you don't get your money right.

1:16.7

I mean, that's the facts.

1:18.4

So most people have never done the math.

1:19.8

There is no school on it.

...

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