« The Cardone Zone

119: Think Like The Rich

2014-06-17 | 🔗
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
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How can this Grand Cardona near the Cardona Zone is Tuesday? One p m caution I don't know what time it is eastern standard time I'm coming. You from Miami beach you or wherever you are hopefully you're all their everywhere. How come to you on Tuesday's to talk about your money? You're funny answers you some I figured out how to wake up and be in the car Doan Zone, You talk about getting out of the middle class. The middle class is getting crushed, almost can't, say, middle class anymore. I wanted to say middle crushed. Cosette was happening to look it's not a safe place to be. I would encourage you to get out. I'm your middle class, warrior It has given your message, your mom and dad. He didn't give you get out get. out as fast as you can get out. Ok,.
See owes or back to earning three hundred times their employees, that is the headlines. Richard Bologna Wall Street Journal. see owes or back to Irving three hundred x, I wrote a book called it. Ten actual BC owes have taken the tin actual tat three hundred acts. He writes Richard Bologna Rights, the average see over big american Corporation made twenty times more than the typical employ typical. Are you a typical employ dat? therein lies. The problem. the average ceo of a big american corporation and which to read all of us, understand all this in this Wall Street Journal before you get all travel, try vesting like it some travesty. the average accuracy of a big American Corporation Coca COLA. Had appeared. A big boys made
twenty times more than a typical employ in nineteen. Sixty five to a few words for Coca COLA. Nineteen sixty five and you are ceo of a coca cola. Nineteen sixty five, the difference between a typical worker. and the sea was twenty times today that numbers three hundred times the average ceos making three hundred times more than the typical average meat Joker employ a new report from economic Policy Institute, researchers gather data from the largest three hundred firms. I know this is this is to provoke. You know some kind of like assault on the rich, they took the three it did, The largest firms in the country compared the average compensation of see goes to the workers. In the same industry. Now kid just. Am following the same following the financial crisis in two thousand ache, two thousand eight
the great recession companies boards had learn to avoid investor pay, irritants, Alamo, money, man, and red flags such as compensation. There was, linked to performance and pay perks to covered taxes, executives owed? You understand this. Happening right executives from big companies. your investing in we're getting perks like pay? My taxes Most people don't, even though this goes on. Ok, the article is there to suggest one of two one or two things are going to happen to you from reading this. Did this headline or that the sea I make three hundred times the typical employ either you're gonna, say inequality. Are you going to say opportunity, This really tells a lot about who you are. Ok. Is this a travesty of inequality? or is it an opportunity,
See for me, as neither one guy, because I'm not gonna, be the c. I a caterpillar, I'm just not genetically or I'm not bill. I don't have the personality, you be the the sea. Oh look! You gotta anymore, that I'm gonna be a baseball player for the for the New York. Anxious to starting to do is not to be an mba play, I'm not gonna, be a musician, not gonna, be a rock store. I don't know what Mick Jagger may last year or how bout lady gaga, I'm just not gonna be Lady Gaga, Lady Gaga plate paid more taxes last year than I probably earned in the last five years. Should I resent lady Gaga our. a rider La Braun r D we'll sterling who's gonna make two billion dollars on a twelve million dollar investment. Should I somehow like reset the ceo of a big company, I don't think so any more than. I am going to consider that I'm a typical person looking
the cartoons own you're, not typical, you're, not average. You mediocre. I wanted this in fact, two or three companies in America. Two out of three companies number one break even or lose money. They understand that they two out of three sixty seven point: two percent of all companies in America break even or lose money. That means the typical employ a person answer. The telephone is making more money than the person it owns. A company. Oh by the way, the average company I need add, has no employees It's so be grateful that you worked for a company that has more than one or two employs here's the folks. Look! No balls. No glory It doesn't take money to make money. It takes courage to make money. Okay, if you're gonna be typical. You're gonna have typical responses. Like all my gather kill me you either expand. Now. Are you contract it?
takes courage, guts to make money. It doesn't take a typical work or it doesn't take work to make money. You dont work and make money it courage, you gotta step outside the box, you don't have to be the smartest person the room, but you need to become the best person in the room and you don't wanna, be the only person in the room, My suggestion to you today is this: if you don't like the headlights three hundred times the average work number one don't be average and number two. This should encourage. You Ok, it should encourage you, to one go out on your own: either go out on your own or get in a profound Let's compensated position, go out on your own. Have the guts to go? Put it down the line you can take. A pay cuts are find the right
vehicle the right guy. I gotta work for and say put me in a perform its compensated position that I'm not limited to guineas get show me how I can connect to more revenue number two. Get with some one that is going fast. This going places will invest in the company. When you see somebody investing in their company, you should be like man, that's great. Let's do it, because that's an investment in you in your future, get close to that power. Step number three get close to that power, that energy and that movement. add value number four and then have a target a man I want to make a buck. Twenty five making twenty five an hour to make a buck twenty five. I want to make one hundred and seventy five. I want to make two hundred and twenty five do the math work. The pay plan stay with me. This is grant Cardone you in the Cardone zone. Tweet me at Grant Cardone we'll be right back.
wait and see what I do is shorter. It's over the top crazy, ok show me come on. I want to talk to you today about six after learning, here will go with you for the rest of your life. You, let me say right: your average live what you want you produce, even when you know what you re data Freaking out, get big day, I'm hustling, saying hey man alive among us more in the castle country of the planet, America, the great Grandcourt down here. Do your comment that selling offered a friend in sales in business? That's right in what you want to scream about it. You want a bit wine go get business world market history, markets, partook, is back to promise and hope, followed up with work completely committed completely dedicated. It's not work, it's a passion, apparent Cameron. Is it loaded the battery and in turn it on and bottlenecks to wifi hearts? By which I mean you, didn't you get Skype we could do to everyone. I do a bidding.
There are seven billion people who were you? How are you different? Seventy million people, a planner, there's a small portion under what greatness seller, be sold booking audio package. You can't get away from this idea that sell more about it than number one business seals both by axiom go towards now for the first time ever in audio red, vibrant pardon. If you want to get your way in business and in light call eight hundred three sixty five seven, seven one seller be sold book in audio packing call eight hundred three six, eight five, seven seven one today is one thing closed in a transaction is something completely you don't love! You stop losing start closing deals make the decision discover over one hundred ways the deal gotta be able as to the closed in several different with your job is incomplete until your customer is taken delivery of your product or service. My job is the culprit. Fire make a decision, call it hundreds three, six, eight five, seven seven want for the closer survival Guide book in audio package tat. Your money is in closing and re commit to your career. Recommitted, your profession understand the rules, a closing, a deal that closer survival, guidebook, an audio back colleague hundred three six, eight five, seven, seven, one colleague hundred three six, eight five, seven, seven one and start closing today they welcome back and thanks for joining the Cardona Zone, every Tuesday I come to you talk about your business. She money you're, funny answers what you gotta do to crawl out. Scrape out get out.
Rocket out of them. No class some people call this the cartoons zone. Other people called the mad zone crazy place we break old ideas, whatever your mom and dad thought promise you folks, half of it will not work. Maybe seventy percent of it won't work. Didn't work for them did work for them. You probably powerlessness, show today you listen to them or your own. Their company, last year last year. The average see yo in America made eleven point four, million dollar. This money is so insane almost a million dollars a month, this amount of money is so insane. The business insider says the reason C. O pay is so. How right now has nothing to do with greed. got? Some do an opportunity here. He's gotta, do it not hurry? He's got some do a being in a
additional power or you max from Jacksonville Florida? What's up brother what's goin on groundwater, about good man? How you doing today, I'm don't phenomenal, yeah. What do you think about what you think about the these Topsy Yos, making three hundred acts? Will I say good for those guy? They were not there things they think of any opportunity in the monthly for them now replay. They did the self improvement to get there, though about about it, don't get or what I think you're right most. Those guys on any smarter know another just like the time to get good at a crap, and then they network, the network man you're right. Do they network? What do you do? I'm over critical for America. Beautiful, my great great position, so how you gonna do this year. You know what I want to make it. The grandest here will make an original by better run out we make of it. the great now nice, which requested we were well. Basically, you know it's not really are quite at war with
Do you know, there's something that I live by, that from your four bucks? Is that the size of your net worth is going to be the size and quality of your network? get out there and begin a theo them. You know that, don't you weren't Jack's door. I learn from those guys aren't faltered employees, I thought you'd be seal, the decision maker and what can I gained from those guys can jobs out of it? their business. Why do that? Do that's awesome? Ok, when the girl is telling you Miguel Right Miguel, if their male Miguel you gotta Twitter handle, I do add related tomorrow, at crusaders. Camargo Camargo, ok, Beautiful bro, presage colony and he say: look your net worth equals your network. Ok, are you network it or you network id? Do you have a network? What is your network? Ah, how are you network it? Ok, who you hang him with dude. If you hang with broke people, trust me You and broke If your mama, I mean
spouse. If your wife is spin law and yellow ever take a risk to invest. It got u network if your Mama daddy's, where you get all your advice in their broke, that's U Network where who's your network, who you hang him with, who you pick your friends with ok are An article last August last week: ok, we for my blog grant card on success dot com, how to become a millionaire in ten years by the two thirty: how to become a millionaire by the age authority. The article was so successful. The blog was so successful. Was ten simple, point two: how to become a millionaire. It got picked up a fox this elite magazine Leap Magazine, Elite, daily Doc I'm elite. Daily dot com dinner got picked up by business insider, oh, by the way. All these spots say they want exclusive articles. that has been five different places. Things go to viral. We it's been converted to spanish Vietnamese.
Taiwanese and Portuguese. I am I geese, Granting is translated how to become a millionaire bath? Thirty and the tin points are so simple and so granular in just you know easy. It doesn't mean you gonna make eleven million dollars in a year doesn't mean you gonna, be D c, o cap of of Caterpillar, because trust I'm not gonna, be the ceo of a big fortune, five hundred company, I'm not built to do it. Most. People aren't. Larry Ellison. If you can do it the Oracle one richest people in the world that that's your deal. It's not my dear anymore than me plan for the Miami HEAT or the Senate, Tonia spurs reply and for the New York Yankees, I'm not built to do that. So I dont need to resent a c o this make an twelve million or thirty million dollars a la Bron just made thirty million On his investment in beats. It was poor, but because he was a tab
a spokesman for the company, probably have any investment, but I'm not the broad. Should I resent La Bron know I shouldn't resent anybody making money. What I need to do is not be typical. Work a street journal said the average see YO of big em. African corporations now makes three. hundred acts, ten exe Three hundred x, the tip oh, employ one sentence. Tells you everything don't be typical, If you typical you're gonna, be a little bitch. Ok, Would you not owners to typical do nobody's gonna pay, typical Jason from Chicago talk to me, Jason, Yes, grant die, you talk to me, broke, ok in regard to your question about the Theo pay here? Would you say my Why would I think, be better people you're wasting your time,
I'm in their bandwidth on criticising Theo's pay. They should take their bandwidth Take that time and go create Airfield pay and focused on that and d learn learn from those egos, so they can better themselves opposed to point the finger at other person. Has it that and look at all these other think who taught me to stop being a part of the problem, become part of the solution and make improvement. We create your well yeah. It's like people to complain about politics made it look, I'm not running, I mean really. How much complaining can I did that's black, pretty much drop politics have the show, my ok, you know what I'm not running. I'm not going around. What am I going to do? Jason's telling you to write deal, you Jason, what your twitter annul MIKE Jason Tyler S Eve. Why earlier did you hit me opener I'll, get you some followers. Ok hit me add, grant Cardona get you some followers, Joe any area, Joe Joe Ingram,
twitter saying right now I ever see or pay in S eleven million a year. Leadership is needed. He's got us a sad face ban that he's obviously not happy with the the sea owes look. Man gosh run Sears right now, Transfers was his name on it. Have you Look it up for me here He lives right here in the inquiry: Edward Lampert, Are you Lampert? Ok can make out of fifteen million twenty million bucks this year. Hey Lebruns go make twenty million and lost a freaking game. They look like they look like a high school teacher, Compare this Antonio spurs! You know what gets twelve guys will be. One got every week to look. If you want to be ceo of the company, there is no better time than to do it right now. Here are my five steps to you want to make some big Freaking Shank shank shank. You want to make some bank here's what you do number one either go out on your own or get in a form, its compensated position
did the guy, the guy that here that makes four hundred grand grant a year, he's completely performance compensated position. He does not get a salary does not get a guarantee. Does not get a promise had to take a pay cut To get the chance of making some real money number two, It was some one that is going out on their own if you're not going to go out on your own, get for somebody that is number three get close to the power. Stick. Do it is closer you can get add value. Number four add value. I don't know what value as value to two or three hundred horse power cars. What another harp hundred horsepower value, company is more revenue. Value to accompany is more attention in number five forget how to make as much damn money issue can there's nothing wrong with it. If you resent other people that make money, you will never money stay with me. This grand Cardona cartoons out.
ever you want. You gotta, commit all the way and think in terms of domination, not a spectator, you don't wanna, be a spectator. Folks, spectators, pay players get paid. You got a really smashing you gotta. You got a wound. You got a friend, you not worry, dominated space, your ability to do so in actual in ways that will determine the very outcome on the future of your life. There's not a second third or fourth or fifth, its first or nothing for improvements in product comes from competition. But if you're, the one playing the game you wanna governing hundred three sixty five, seventy seven one if you're not first, your last will show that the strategy's outward outside the competition. So you can push things endowment. Unlike Holly hundred three sixty five, seventy seven one visit great Cardona dot com or its large first hundred three sixty five, seven, seven one. When you told a missing sales Kemal beyond us, are you getting alders in the marketplace? Taken honest? Look in your minds. I your sales team right now they doing everything they can to make that extra sale if you're, tired and watching your salespeople be tongue tied, not while what not know their products not know what to say that critical moment welcome to target missing sales tax money, Grandcourt down, I'm no, your frustrations! Look whether your people sell over the phone rang person. When you saw a tangible and intangible, I can increase the sales of any company by at least fifty percent guarantee Yoda tardy, missing sales. Dot com now show the top three reasons. Your salespeople don't make those extra sales go too tired of missing sales. I ask you this: what would it be worked for? You learn everything there is to know about growing. Your business card on university was created for honour that wanted ten extra. It was created for you, so you can have me available to you from any phone any pad tablet or any computer. You can imagine the business strategy on business opportunity. You need a solution to
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back to grant Cardona the Cardone Justin Bieber its worth Britain, thirty million dollars. together, produce that made forty six million dollars. Ganem usher One name I gotta get one name just make a lot of money. Commie Jake,. I'm at Grant Cardone you can switch the questions that grant Cardone you're the Cardone Zone, every every Tuesday, one p dot m from Miami Beach. We bring you a show the talk. that's your money, you finances, and what kind of head you gotta have to get money. Folks, looked act. An usher made forty six million dollars in two thousand and eleven or Braun made twenty million last year or any less with Sears made, I don't know twenty five million dollars whatever he made got nothin to do with you and nothing to do with me. How much you gonna make baby. Ok, they're saying in the Wall Street Journal that the top Yos in America, the average ceo, actually makes three hundred times the typical worker
This is to inflame some sense of inequality in the world and Andorra. Does it just encourage you to not be typical and be something greater got David cribs. Definitely a tin it's kind of guy on the phone when we colony from Tampa hey David. What do you think about this whole? You know Every week we come out whether article three hundred times the average worker see, owes making too much money? What you think about that David! I think this and I think anyone who is complaining about some one else making a lot of money has the woe is me syndrome, they'll find any excuse, never excuse, not miss the opportunity, will quickly no grant a few years back. The failed manager Nissan's for making six figures a year. I walked away from it to partner in a business, It was apparent or restore business and I had to invest the money and I took her. I took a pay code of fifty percent. and the problem that I had was a from you and from how much to how much
and from about one twenty four sixty then, right. You gonna, get set that hurt, got six kid Six, most fervent, more ground, in fact only got one in the house now at the time Darfur, but here's the thing but wait a minute David boy, you you got, you got a lifestyle. This set up for a hundred twenty grand a year correct So how old are you I'm forty six? now so so, and when was this, this was about six years ago, so so you're forty one years, all you got kid. You got responsibilities, I mean I know they ve about most of moved out, but you still have these responsibility. Gotta, lifestyle, dude. How do you have the guts to the insanity to go from a buck? Twenty two sixty. You know its competence, Grant and what I mean, I don't mean that in an arrogant way, but I just opportunity everywhere. I knew that all I had to do with hostile and makes the money
on the side, and I would be fine, and you know one of the things I did and and maybe maybe there is one here, but one of the things I did was I figured out that I had to make a bout three grand a month just to cover my bills before even started spending money, and that was that was three grand a month. Did I create from scratch. I mean I didn't know where it would come from. now. The first thing I did, I kind of I had a passion for a high and watches and I started studying them a new with a market, the flip watches, I really have the cash I just invested in this dinner in risking for this business. The partnership that one What I want to a couple were invited the first one of the eight Gimme two grand I'll, give you twenty five hundred back in five days, though I did that, and I took up. I took the two grand I gave. The person five hundred back, I kept the hundred for myself. I told a watch bought it for two grandfather for twenty,
kept only a hundred hours. While so you paid the money five hundred an incredible interest rate in a matter of days who hears what I did. I started doing out three or four friends and I went out- and I did it very heavily before you know it knocking down my door too. Give me money to this day right now, I'm a kid you grant uncaring around, not in my pocket, but twenty thousand dollars in cash from friends that wont, let me give it back, but because they afraid that they'll misinterpret David I'll, go to some one else. So so there give day they had the money sitting with you for free of charge. so that when you put in place they get paid absolutely and an end No, my my bible started doing well, my pony jewelry store, but what I did was this. I got back into the core business back just this year. In February in my dream, job, where you know I I work with dealerships around the country, but but here's the thing I'm gonna make
only two hundred this year, but are more excited about next year. I believe next year, I'll hit or hundred well David cribs, your great guy, do I really appreciate everything you do and so what you do with the two natural and with that Reuben Tampa that was unbelievable. the boy. I'm working people see the video I know yet, to I was at ABC or CBS. It was busy. Actionism tamper, innovative on Youtube. Okay. So what can I do? What would have put in for title we know about I apologise, not do Djibouti, putting put in David cribs to about you see come up this guy. This guy David cribs is telling you look man it's about confidence, I'm tellin you! If you want to make money, attacks guts to make money, it doesn't take money. This cat took. Pay could win out on his own. I think, if
still on the phone with, as he would tell us look, you don't have to go. I'm in your own find somebody thus making a move. Not everybody is built to go on their own, any more than an built to be Justin Bieber, a rod, Lebron James or are any Lampert scan run. Sears. Ok is just not not the case. What we the day was yes, your net worth is about your network. Who do you know who you're connected with who you hang and with? How do they feel about people? If you got friends that hate see, owes it or make an twelve million tat greedy, that's too much money. You got the wrong friend spokes and tell you these people are gonna. Keep you out out of making what you need to make for yourself. Is the major difference between rich people. S right, I said to our word: rich and poor p. Number one more is good too rich people and bad More is bad tobacco to poor people. Get rich me, more, is good poor people, more is bad number two
too rich people, money is survival to poor p. money is evil. Three The rich people money, there's, never enough of a man bring it out. I can do something with it. There's plenty to go around, give me some more and to poor people. I got enough I gotTa Anthony from Westchester New York on the phone. What you question Man Anthony! you must go now brought about good man, welcome to do next to dictate a tin Ex Cardona Zone by which question brought out you questions. What first is right when he coming up here, the big apple
I am probably coming up there, but it's going to be for a day man, I'm a b, an anomaly beyond I'm coming up due to see my friend errant shepherd, the President rolls Royce Great listen. I wish you'd best looking had acted like you always do hate a comment. You missed them. You Eddie those everybody thought about those two hundred percent boiling of its workers, young. It will stop focusing on what other people doing dominate space. What it had accepted the spot to see that your well with it at the moment that war white people books much other people have yet on the attitude that have felt in the box anecdote It also be so. People can finally be thought of ass, a baby and keep up the great work. Thanks for the EU to the EAST and West Chester, New York's tone, you folks look stop focusing on one of the people. Have how well they ve done what they got to do with you. My son
it's too Graham Gas, some guy goes, is to re me. Got eleven million flowers. He's gonna make a million bucks issue. I happened to you, man, it's not gonna happen to me. Ok, you you, got a fine, your own path. You gotta figure out what you want. What you deserve a what you wanna work for staff, focusing on other people how well they are doing, dominate your market. It. Ten ex your position, Brandon Braun from Arkansas Brandon Gap, but somebody go good man. They come home. Maybe I was up you're my question: what am I gonna get us again? Oh I get it together. What I do I get it just lay it up, for you can only thought what the law and then you posted a bet. You didn't everything that you were built
It would be if the other big company like that, which is why you know no one takes brow. I don't know what it takes to be a sea of become out there. You gotta, I think you got to have a bunch of yes men around you. You got to be connected. You got to play a lot of golf. You got to take a lot of trips, you got you gotta, be gotta, be one for a lot of stuff not to have. I don't know, I'm sure is extremely complicated thing. You know that, but that's what I want. being a lotta being one of them would do what what schools did you go to a rather high yeah we're going be a seal. The big company nominal start, my own company then that's different baby. That means you can be an entrepreneur damage already unemployed for a long period of time. I mean you're, not gonna, make much money for a long period of time. But that's what I'm saying to me. Soon as I am row I mean look, look some big companies, not gonna, hurt you right because you gotta be hooked up and connected. You gotta had the Yale the Harvard you gotta have this
Otherwise you gotta be a bill. Gates are Steve jobs, it does something out of garage, but those guys we're ceos brothers, guys we're entrepreneurs. They became, see us and hated every freakin. Second of it Very, like a ceo bit bill Tat is not a ceo of his own companies. I don't do this, ok sounds like you're, not preserved. It. Don't worry about as he oh thank. You won't get to see. That's what entrepreneurs to our demand that, but they are I from Long Island new we're out of here. Just in from long out a great, What about an area good man? Are you do I want to thank you for everything you do. My question is what it, what is the difference between the old and everyone else. top of the food chain. I don't know what you think more hot. you think they have some more, I think, they're better connected. I think they got it called in earlier. So take your net worth is your network? I think he hit it on the money
I forgive you. That was, I think that was Jason from should not know it was our Miguel, your network. Your net worth. Okay, these guys are hidden it big out of the park. The gotTa Runs Goldman Sachs; ok, these gaps. These guys are connected to their connected to power. Ok, I didn't go to the right colleges. I'm not gonna get connected they all! pedigree. Ok, my kids Smart, two kids: if they go to college you're going to one of three colleges, the big names, the big universities and it's not for me education is for the connection. These guys are run companies today that make this big crazy. Twenty twenty million twelve million dollars fifty million a year they are connected. They got boards They got people that protect them. Ok, I don't know how works it's not. My way is probably not your way if you have asked the question, but any body once they get out of their own way. But worrying about quit, worried about what other people are making luggage On plan, this is my plan for you came up,
plan for you is quit worried about what other people are making baby make your own way. I make young way get out on your own, like David. instead are. Get with somebody, the small nimble, that's making their own way that you can be next to number to get with some one that is making some moves. Number three get close to that power stay next to get in that move may get in some kind of call baby like some crazy, freak and energy advance, you do it make as much damn money is. You can last note get away from the people I think more is a bad thing. Those p, all have one thing in common They will have enough and find out about it its way to light moneyed grant cardon you been in the cartoons on thanks for tune in today, make sure you go to the EU to channel add your comments actually will answer. Those there I can give you thanks to some of the articles as well. There that are used as a reference to the show folks look be great,
Nothin else pace at least not much.
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Transcript generated on 2020-12-17.