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Home > Cardone Zone > 126: Cash Is King


	Podcast:		Cardone Zone
	Episode:		126: Cash Is King
	Category:		Business
	Duration:		00:44:51
	Publish Date:		2014-08-05 12:00:00
	Description:		Grant Cardone, successful entrepreneur, sales master and best selling author discusses why cash is king and sales is God with insights on the 3 kinds of money. http://www.grantcardone.com Grant starts the show explaining that there are 3 kinds of money: 1. Bitch Money, (scared and squandered) 2. Grow Up Money, (reinvested for growth) 3. Baller Money, (major opportunities) such as buying real estate or buying other businesses. Grant refers to Warren Buffett and encourages listeners to study the people who have money, and get away from those who don’t. Warren Buffet has 50 million and is always waiting for the easy lay up. He invests in things that stands the test of time and are always needed (gas, energy, railroads). When the “fat pitch” comes, he’s prepared to go all in. Learn from this. There’s no shortage of money. It doesn’t take money to make money. It takes courage. What you do with the money you earn makes all the difference. Grant offers excellent advice to a 20 year old with college debt just entering the workforce. He advises him to focus on paying yourself first, then go into the marketplace and offer your value in exchange for money, this will generate more income and then you can pay off debt. Grant offers a personal “Grow Up Money” example of his move from California to Florida and using the money he saves on 13% taxes to reinvest into growing his brand and businesses. He also admits he was 51 years old with “bitch money” because more money was going out than coming in. He encourages all listeners to grow their incomes by getting great at what they do and once money is obtained save it for the purpose of investing in something down the road. Mentioned in the show: Finances of NFL athletes and NBA players, Warren Buffett, Birkshire Hathaway, Range Rover, Larry Winget, Kushman Wakefield, Cardone University, Tired of Missing Sales. Links: What Will Warren Buffett Do With 50 Billion? http://www.bloomberg.com/video/what-will-buffett-do-with-his-50b-in-cash-qYuQhhcrRb6lQkf2NeG_Vw.html Important Links & Resources For More Information Twitter: twitter.com/GrantCardone Facebook: facebook.com/cardonesuccess Main Website: www.grantcardone.com Sign up for your free weekly strategy from Grant: www.grantcardone.com/cardone-success/ Interested in having Grant speak at your organization? Email: Contact@grantcardone.com
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