5 Steps to Becoming a Millionaire - Grant Cardone Trains His Sales Team LIVE

5 Steps to Becoming a Millionaire - Grant Cardone Trains His Sales Team LIVE

I manage to make an appointment with my sales team. They're on the phone every day. They think I'll talk to them about sales. sale, you will never break through the objection and barriers and phone closures everything that goes on sale is frustrating work, hard work crazy work, it's like being an actor why would someone be an actor after hundreds of auditions no one stops and says I'm so far the only reason is because you want to be a superstar Okay people I want to talk to you today about money, not sales if you don't arrange your money properly, you will never make a sale millions, millions of dollars Peter Phil, 2.5 billion. Peter Phil says the millionaire with only one digit, which means a person with only one million dollars or two or three or four, can not even provide for his family, with proper protection legal protection in America much less emergency, divorce, large lawsuits business lawsuits going through problems two kids go to college so what he says is this and it became a very very controversial article because it's like a rich man scratching his finger on a blackboard and saying hey if you have millions of dollars you're just a beaten card your father doesn't tell you this he says millions of dollars are all the money you have enough what I want you to do is show you today how to go through all the rejections, disappointments, discouragements and closures you have to change the way you look of money it's not money here, okay it's not money, it's just nonsense it's you not making a decision it's you being lazy and you say 1 million and I'm settled just do the math of 1 million, I made it when I was 34 years old million dollars, if you have no other income and you are 27 years old and you have no income and 1 million dollars 1 million dollars without income, zero income you are 27 years old, I will do 47 I will do it at 65 okay 27 and you have no income anymore, how long will this money last 4000 dollars a month you have 25 years where you can live with 4000 dollars a month by the way 4 thousand a month without any income, the security system is broken and your medical examination is gone because they are just a matter of time it will most likely happen to most in your life you have to live on $ 4,000 a month for 25 years, you will be 52 years old my friend and totally ruined okay, 4 thousand a month 4 thousand a month is how much a thousand a week you spend up and down 900 dollars a month for a market how much is your rent 3 thousand you have about 12 years left and you are a millionaire everyone says oh god the iconic millionaire you are not wealthy, you are worried, that is what you are because you don't have any new income so see what happens, what happens if there's a big car accident, are you married with kids, okay two kids will cost a million and a half each to go through college so you're , you know, so when you come to work in the morning, man, I have to do 80,000 this year, I have to do 8,000 or 9,000, you need to change your mind about money as if you want to make real money, because if you're 47 and you have to live to 62 if by the way you are 65 and something bad happens, you lose your job, you lose your profit or some inflation this account here there is no inflation and everything stays the same, the rent does not go up, the bill for the car doesn't get up and nothing goes up is impossible, impossible cycle and the problem is that no one talks about it because no one wants to go on TV and say hey millionaires or just middle class people who are worried about money so that, as I did I saw the bill at 34 I said dude I need a lot of money this comes and the whole 10x concept man what if it takes 10 million which by the way I think it's the number CNBC say it's 5 million I think the number really is 10 million, okay 10 million without any new income, you can probably live the life you want, so how will you achieve that if it's the number, because it's obviously not the number, does everyone agree with that, and by the way, if you do 40 thousand a year for the next 25 years, you will make a million dollars anyway you will make money if you make 80 thousand dollars a year every time you double them, you will shorten the years, it will be 12.5 years if you make 160 thousand dollars a year , it will take 6 years or you can just go and make a million a year so, you have to do the bill, if you haven't done the bill if you're aiming for the wrong target, I'm always talking about targets you and your wife, you and your wife have to do the target is correct and stop talking about, I love this new car I'm going to go buy a new car, like Sisla, "Oh, I'm going to buy a new car" I'm going to buy a new car your attention has to be on this here this is the target, no watch is not a car and it is not a holiday, but freedom 67% of wealthy people in the survey say they do not go for wealth, for cars, boats or travel, but for freedom from worries, not to worry about money every day, I want to I'm worried about my kids about what we do when we have time together, how happy I am in my marriage I don't want to be worried about a piece of paper that I don't have enough of or where it goes, or how much things cost that's why you make these phone calls, okay now what is the goal because if you are only here to make phone calls i will make a call, I will close the sale what you will do is me rich i am already rich okay and i started with zero, just to tell you i had nothing so sitting on the phone thinking about how to get there, you can but you have to sit focused, okay so the first thing you have to do is you have to change the goal and watch it daily you currently have the wrong goal if you suffer you have the wrong target when you change the goal everything changes! so when I talk to a person, do you contribute to my 10 million every person I saw I treated him like an investor this person is about to invest in my future he will pay for my college, he will buy my shoes every time I'm on the phone, someone pays for my nonsense so and if I want to go on a trip and I want to stay in a house that costs $ 250 a night I don't pay for this man other people pay for it, it's other people's money so you don't need to you are waiting to be a bank to take other people's money, is n't it, the money I invested in real estate, this is other people's money that I put there, I had a man yesterday who asked me how I put 60 million in a deal , "dude, they're not mine" - So how did you collect them .

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No, no man, I went in, I sold things , people gave me money and I invested them in real estate which is part of this scheme, number one goal, number two you have to bring your income to place this is a delightful concept here if you can do this I guarantee you that you will be rich you have to bring your income, not to the point that it pays your bills but to the point that you can save 40% of your gross income and is saved you want to talk about difficulty, that's pretty harder than that out there if you can do that you'll get that good, so when you sit down and figure out what it will take you to save 40% of your income so watch what happens if you make $ 10,000 a month and want to to save 4 thousand of them and pay yourself first, the government does not allow you to do this they do not believe you are, no..don't take the money from him before he has scattered them we know he will swallow them okay , we know that the tax will take, will retain maybe about 4 thousand of them so see if you pay the tax for 10 thousand you have to find a way to pay yourself for 10 thousand, what's the problem here you have to live but also keep making the account this is the account, what you need to do with your husband you need to try to develop it until he says let's go get a new car and you say dude we don't have money for a new car just about that when I was 35, nobody knew that I was a millionaire nothing had changed, I still walked with rotten shoes I bought shoes for $ 40 and worked with my shirt as long as I could no one saw, I had no fancy cars, I drove an ordinary car with a million in the bank because I used to pay the tax, I always paid these bastards and then what I realized was that I'm a bank for a thousand and it made me realize I can't live with 2 thousand makes my life difficult to do this and that money by the way and a better word for saving is storage i stored money i didn't save them i saved them if you like this word anymore you don't want to save money it's useless it's like saving a legal pat it's only good if it you use the money is good only if you use them how many people have heard of the expression, cash is king it's useless cash is useless, no king is not king, dude money is not king, money is nothing just sit there and die or you lose them if you leave the money in the storage account I guarantee it will evaporate, it has always happened if you look back the longer the money stays in storage Pablo Escobar, was he the king of drugs it was his biggest problem moths, bugs, someone steal them rats, you don't want to keep them in storage for too long because they will go to zero the whole cache goes to zero okay now when you do the bill you say okay dude how much money do i really need, let's raise them to 20 grand at 20 thousands whats up you save 8 storage you pay 8 and now you can live on 4 this is the right way to make a budget you do 30 thousand 12 go into storage 12 go to the tax and that leaves you with 6 and now you can start to see you have to be somewhere about 30,000 a year, that's what they don't teach you at Harvard you have to be somewhere around 36,000 a year before you even have money to live with, unless ..

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you're on a slow and arduous journey you're just an irresponsible human being which doesn't put money in storage for the future now you put 12 thousand a month, that's 144 thousand for a year for 10 years that's 1.4 million dollars in 10 years you're a millionaire stored so the second thing you have to do is to keep playing the game with 40 percent you have to work with your people where your money is not what the call is, not what the script is not how to deal with the objection, you need it, but you need the driver here you have to be heavily monetary motivated in terms of survival, okay number three you have to do you will be ruined here and you will invest the preserved the stored the golden goose should be invested is only good if it lays eggs otherwise tea you can kill her to make eggs, you have to make babies right, so your goal here is to invest to invest the money saved and keep doing that as long as that money here passive money is equal to your income hard game man so what am i doing, i go out i do 30 thousand store 12, i pay the tax and i will live with 6 in miami you are without any money left but there are 6 thousand in storage 6.6, we keep pumping them until you are where you are you say I'm going to invest that money now and when you make that move here, don't invest in something that's "maybe," okay you don't want to put the money in something that's human, you can't risk that money Warren Buffett says don't lose money- number 1, number 2 - do not lose money I will tell you number 3 - do not lose money so what you will invest in, you can not leave them in the bank because it is to lose them do not pay you anything, you need 823 years to double your money, in the bank today 823 years to double your money in today's bank ratings so if you don't know this you must be up at night, hey what am I doing with my money face the beast right here, passive income your target here must be, my passive income now exceeds my monthly income, you just have to to do the math how much money I need invested right so those 12 thousand dollars that I have thrown into storage over time Jet, where are you, do not exceed your income now means his monthly income exceeds his salary this is what you are looking for no bonus and such things at the end of the year his monthly investment income now exceeds his income what makes you more or less motivated? -Extremely motivated Before it was so, if you have enough debts you are motivated, no you will not be motivated temporarily, pay your car and then you will be, "man this game is not fun" this is a terrible game well okay, see It's easy to be a target, what is your new target - Freedom Yes, freedom, but let's put the number of your first target, it should be 10 million dollars and nothing less And everyone in the room can do it I can show everyone in the room someone on this planet who comes from your situation and has 10 million dollars You don't need a diploma And I can show you someone with such problems that you say to yourself, oh no I will keep mine you need to get your income to 40% Your income to where You can keep 40% of your income This is the most complicated part of it in the beginning Because you are starving here Until you meet the real problem and the real problem is income Third, this money, you you have to sit ruined with that money you have to spend that money in secret account somewhere where no one will mess with this money I remember my mother calling once , "I have something going on here" and I told her I can't help you I have a bunch of money that needs to sit aside to accumulate

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- I can't help you I'm breaking my principles here okay, let's see if I can sell something to arrange some money for everyone who came to me for help, I was sorry I'm not your man I'm not a bank, I can't help you Dude, I have my own things that happen, I'm ruined all the time, ruined all the time, that's what I have in me today , I'm accumulating everything to make another deal . This is what it means to be ruined It doesn't mean you take money you spray it, you take money and store it Find a place where you won't lose money Number 3- Don't lose money Cars, don't buy them, rent them do n't own anything dude, just accumulate money and wait until you put them somewhere where they wo n't be lost, they just disappear from here for a while and the inflation after a while, 5 years, 7 years, 10 years and you look and you say, okay I didn't lose your golden eggs this thing is protected i have a few drops of it and keep putting until the drip gets bigger and bigger and you come to work for money and you say i have money here and here but i'm ruined constantly so i have to constantly to change the game and when you will get away from the monotonous work .

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when you want when you get there okay questions When you talk about storage, do you have to have a specific amount before you move it I didn't have someone to tell him come you can jump ish on my vehicle so i tried to stock up enough ... if you know the history of the real estate deal the first deal i made was $ 78,000 is because i had $ 5,000 my next deal was after 3 years and it was a $ 350,000 purchase so, I was collecting money all the time until I found the right deal, the rest of the time I was just shopping now, however if I had someone to say just dude jump into my deal I would push money there constantly I didn't need to own the first deal I just wanted to be in the right vehicle Steve Bommer he was a partner with Bill Gates at Microsoft, the man is one of the richest in the world He doesn't own the company, he was a partner in the company So, you need a wire You need two wires, one to generate income to pay the bills here and pay the tax just serve your general needs, from your job the second is the game the second is how do you get to u financial freedom so what you're looking for while you're here is every little string or stream or canal they're enlarging I'm looking for .

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if you're looking for villas on this land, they're all where there are transport routes how much bigger are these roads, the bigger the things that move on them and then let's put a villa here these are the important ports, why .. because all the water waste is found there, so in this company I can be on call forever on this one call because it's a factory line or you can start looking around and telling yourself where all the other streams are here so you have a thin stream from here, a thin stream from there and so you take more responsibility and you say, hey I need a wider part here where the whole flow comes together, but you won't do any of that until you become great at what you do, you have to become great at keeping the target in mind first, see if you can keep it maybe you can , can and e and you lose motivation and say to yourself, no I can't do that and then you recycle in the universe where people work every day and that's the reality of the situation, that's what Peter Phil said a millionaire with just one number can't even to provide yourself with your own protection in America Okay? All the money Hulk Holgan made, he blew it all up

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this nasty trial and I couldn't even defend myself Peter Phil sponsored this trial for him Okay .. I also had a lawsuit back in 2009 it cost me 200 thousand a month To defend myself, against a criminal trial, for a person who is suing me trying to take money from me, it's a game in the wrong things it wasn't a car accident, it was n't cancer it wasn't my mother getting sick, it wasn't children, I didn't have children yet you remember all these things it could happen too, and it could happen to you : How do you balance to pay off debts, school loans, credit cards, all together with the 40 percent? I'll settle them all, that's the last thing I 'm going to chase

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that if I made a bad deal, today I will not I'm chasing this deal I'll call and say, man, leave me on hold reduce my credit score I don't buy anything anyway ... I don't need credit, I don't buy anything, I accumulate Okay, so, I wouldn't worry about that When you talk about making so much money a month and to set them aside 40% Do I have to reduce the way I live while I can do this I know I have to focus on income .. First you have to pay who I pay first to myself, then to the tax because I have to and then I have leftovers so you either will, Todd will either live to 6 or he will decide and say, damn it, I have to make more money man I can't treat the people I love this way what happens is that you become more productive remember that Jerry came here and did 2,500 a month it was his ranking for 3 months or not so much back then - It was so yes Yes, so he doesn't do so now now he makes 11 thousand a month in revenue and it took 5 years because he had a plan - What would you suggest for people who are on my way to transfer the 40s because I feel like I'm pressed but I'm making more money than I've ever done working with you and I think this storage price is too low for me I think my time is up -Make more money I just have to to make an account for yourself To become busier, to talk to more people Everyone you talk to has money - You also talk about ..

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Remember this target will be met by people you do not know These people will finance your target You you will not finance your target, this is not your job your task is to talk to people who will finance it and get your wife to finance your target .. yesterday I had Ellen on the phone wanting to do a show and I said here is a sheet with people, she didn't know she was rubbing he should do it and i said, start calling them my sales department called them, natalie called, i called you call them now, damn, how about you give away a little She made 4 phone calls calls, 3 did not answer 1 did it and now there are 5 thousand so, you need to bring your mother to bring your father make your whole family buy the university Cardon they contribute to your target, not mine I already hit mine I exceeded it the whole thing is for you people, whether you want part of it or not - Well, in terms of investment number 3, for investment, how do you feel about it which are your top 3 safe real estate investments Got it, wonderful Do you know why when I buy a building with an address and it fits in the right location, it will be here in 20 years, I had a person call me for car dealers and I told him, dude I don't want to buy such things I don't know if they will last So, I don't buy bit coin, i know nothing about bit coin man, you want to give me some, I'll take them but I don't buy bitcoin, I don't buy shares on Twitter I don't know anything about Twitter, will it be here in the future I know I will invest in things that will be here in the future except my apartment, I I'm not going to buy it either, I don't need it I want to buy things that people buy, so this investment has to produce what buy See, but why, because I'm trying to get out of this my goal is what to have passive income from this equal to this So I'm not going to go and buy shares of Google do you know why, because they do not pay dividends every month I need to run .

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I will not buy AT&T shares AT&T pay dividends every quarter When they collect their payments Every month, can you imagine calling AT&T dude we want to pay you every quarter as you pay dividends So important is the monthly cash flow Understand Do they pay dividends on investments stitors every quarter of the year They collect checks every month The difference between these 89 days makes them hundreds of thousands of dollars Bank of America, the eastern branch here will lend me money to buy a deal for an apartment, but they will not lend me money to buy their own shares Bank will give me money to buy part of a property but they won't give me money to buy bitcoin they won't even give me money to buy shares in the bank so what do they believe they believe in cash flow man every asset that generates cash flow in the future, it will cost more money so what I invest in you you see where I put my money, I talk about it constantly because I know it will be there - So, I save 40% already every month and so, I heard you say that when you reach 100 thousand it is the time when you have to start investing - If you are looking for your own deal The problem in Miami is for you, because I make a statement to many people when I say that the problem in Miami is, 100 thousand, you will bunch 300 thousand dollar deal which is maybe duplex which hits the next rule, never buy two doors you need 32 doors, if you are going to do it yourself you need 32 doors, in Miami it will cost you more than 32 million and a million or two below -When you decide to put this investment in personal development as trainings, lectures If you people are 10 thousand a month, you should invest them all in personal development all your remaining should worry more about personal development than about food Eat a piece of chicken in a public place and listen you don't really need personal development, just listen to me every day just play an audio program every day you have millions of dollars training every day around you, just in the car while you train, just stay with the same message over and over again until it gets rough until you feel like me at least a little bit and then what will happen is that it will come back did you happen to be around someone, even as little ones and you you're "I felt like you, I sound like you" you need to sound like me until your other self stands on top of it and then there's no effort what you think or the decisions you make it's boring here people it's boring but I guarantee you works okay like this, 32 years old to 45 years old, I haven't been to Hawaii without vacations, I've only gone fishing once once and it was work, this is my vacation when I take this then I will do what I have to do if I was on vacation it would be because I was seeing a client Jarod saw me on the road, John Hamlin gave me his plane I once toured 5 cities in one day, he was on a plane and it was "I can't take it anymore" - He said he was tired for two days then said he was so tired two days didn't go to work then Yes because I'm chasing this or maybe it's 50, or 100 or maybe it's a billion so, you have to decide which game you're going to play here because the moment in At the moment you are being manipulated by the world, so writing your goals takes me oh about 25 seconds to write down my goals and then I disappear, I call someone on the phone and I tell them, hey move me to 100, then move me to 200, then move me ..

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you see what I say I spend all my time doing that if you spend more than 25-30 seconds writing down your goals you are playing, you are hiding well, you don't need to understand all this here now you just need to understand the thing with 40 percent working on it here because I guarantee you that you can close that number if you do, it's good for you, it's great, it's really hard to do okay that's who you're calling today okay and by the way we give them a great product, great service we support them and help them do exactly what I'm saying here, right now, because right now these people are told they're doing well, you have people you're talking to who make 300-400 thousand a year, okay I know 4 people who are about to lose their jobs and make 800 thousand n and a year they will lose their jobs, they will tell them this month, you are here a man called me recently and said, I end up with these people have 800, sit on 800, are happy with 800 I'm here if I have to come to work every day and they do not want to push will get rid of them and will find someone else 4 people will go from 800 thousand a year to 0 the next 30 days will look for work and it happens to many people I mean how many of your family members have lost their jobs how many of you have family members where the child has a drug addiction and has to go to rehabilitation that costs 40 thousand people, bad things happen, how many of you know someone who has cancer how many of you they know about a car accident that costs 30-40 thousand such things happen, the problem is not that they happen, but that people are not ready for them, "Oh my God, I can't believe it's happening to me" "oh mother "..

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really, you've been here a long time, don't you, how many of you can't swim, man, you live on a planet with water I just say you think you need a swimming lesson it's a wet planet Success is your duty .