258: Never Get Your Advice From a Millionaire
The Cardone Zone
04/07/17
•41m
About
Comments
Featured In
Never get advice from a millionaire. Don't get advice on what the view is like from someone half way up the tree, they can only tell you what they think the view is going to be. That's why you don't want to get advice from someone not even half way there. The problem with the Millionaire Next Door:
1)Think is too small—There's not enough zeros to last you any length of time 2)Conservation mode—Spend all energy trying to save the million. 3)Math doesn't work—$33,000 a year is no money. You can't just quit after making $1 million
When you have a million dollars, you're scared. Don't be the millionaire next door who is conserving the little pile they have. To make your money last longer than your clock, you need much more than $1 million, so never take financial advice from a mere millionaire!
FREE GIVEAWAY Get your Free Millionaire Booklet http://millionairebooklet.com/free
Previous Episode
255: How to Grow Your Business
March 10, 2017
•35m
If you want inflow, you need to give outflows. What are you putting out into the world? If you don't confront the size of your business, how to grow it, and how to multiply things, you will stay small, break even, and eventually lose. There are three things every business owner/entrepreneur must confront.
1) Big think—Stay small and you'll get crushed. The big boys don't get punished. Bigger is better. You want to be Google or Facebook. Do you want to be an eagle or a scavenger, just hoping for some leftovers? 2) How to Scale—Going from $4,000 a month to $40,000 can be a problem. Don't manage the business, grow the inflow. If you can't raise money, you need to transact with people. 3) Multiple streams of income sources—You can't be dependent on 1 or 2 clients. Staying smaller doesn't let you be a better provider. You need multiple flows coming from all directions.
Next Episode
259: How to Find Your Dream Job
April 14, 2017
•40m
How to Find Your Dream Job—It's been said that having a job means just over broke. You have the wrong job then. You can work for someone else and get rich. You don't have to own the business to get rich. If you are broke, it's not a dream job. A dream job is not what you want to do. A dream job will pay you enough money to make money on this planet. You don't need to love it, you need money. Don't tell me how much you love your job; tell me how much paper you get. You need to get in the right vehicle. The right vehicle has 2 things for a dream job: 1) Margin—The 99 cent store will never pay enough because they have no margin. 2) Volume—Selling planes may have big margin but there is no volume in that. The right vehicle will also have the right driver, someone willing to accelerate and go. Don't move to an industry that is dying. The right vehicle will have horsepower and not just give you the job you want, but the life you want.
If you like this episode you’ll love
Promoted