« The Cardone Zone

261: How to Blow $1,000,000

2017-05-05 | 🔗
How fast can you blow through $1 million? Faster than you think. That’s why you need to 10X your finances and become a multi-millionaire. Do you believe $1,000,000 would set you up for life? Never working again? Never answering to a boss or waking up for work? Some people think the answer is yes, or even think $1,000,000 is going to set them up financially to never worry about money again. The truth is, it's really not that much money. If I gave you $1,000,000 today, you would not be able to retire comfortably. Don’t get advice on what the view is like from someone half way up the tree, because they can only tell you what they think the view is going to be. A millionaire with a a couple of million to their name is not financially secure—they have not financially arrived yet!
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
I welcome work or down here every Friday, twelve p M eastern standard time. I come to you to talk about your business. Your career in your body is this: is Ricardo Zone on sea oh and De Mayo day I try to stay calm. We will regularly Some all similar radio stuff I was doing and robbers is as I do you used to be so close.
in calm robber since those in the house with the video genius. I, what is it's weird? Today's think I d Amato day. What is that even me? Ok, can someone tell me what seek Eau de Milo even means, please post in comments if you're watching on Youtube, if you're watching on Facebook, if you listen to this on Itunes, are still read through the back. I really appreciate your money in grand car down on the New York Times best selling author of written seven books, thirteen business programmes. We work with the largest companies in the world to increase revenue. That's our game! What we do here, teach people how to make money, how to make more money, how to get more. money how to connect one more money. We work with companies like spread and Ashley. I've been called in for the Google Peeps.
We use digital non digital assets, we sell tangible and intangible. We help companies and individuals do better in life. Today I want to talk to you about what are we talking about today, gas, as our work with each of you today, I'm talk to you about something. Nobody talks about, I'm a sneak over Iraq. We don't let me go, don't let me go both I win I went ok. I want to show you today something nobody ever talks about, Your mom and dad didn't algae about this this. Why so many people broke? Ok, I'm going to show you today. I had a blow one million dollars so gay and I am so sick of hearing people say I don't need that much money- you don't you having done the million dollar math? Ok, how would you know how much money you need met in need You don't know what a million dollars does so notes here on women. Mozart, Thou, Gus, ok, my notes, where's, my notes.
Tell Vonder Grandma notes, ok, ominous! Show you how fast it is the blow a million dollars talking about ban rolls Royce are not done about mine, applying UK. our plan with a million dollars. I so onto can about the everyday things they go in life? Okay. What does it cost? What would you do with them million dollars is a million dollars enough money. I would love to see your comments below what would you first, do with a million dollars number one number: to how long what a million dollars lash robbing grammar notes on my desk? How long? what would a million dollars last you Ok, let's assume for a second there, you have a complex Let's assume that your Mary just for conversation Let's assume that you have made in caught or are for that fact. Whatever your income is right now, let's just assume no VON Von, please
Let's assume they you're doing the same thing. Everybody else does ok, but let's assume that some things happen. Like life happiness man, you know in a material. anybody is like. I need a million dollars, a million dollars lot of money, ominously you today that a million dollars means you have just enough money, just enough money to worry about the million dollars. Ok cause. It's gonna go away! That puts a house costs in America, tuna, fifty grand If you do, if you do, but I think it's like two hundred and twenty two three thousand two hundred and twenty two or something is the median income in America, You haven't rehab again gone to home depot. You end bought a new refrigerator yeah and bought a new washing machine. Ok, you end, you don't have a dishwasher on that doormat nannies, Nan Eyes, hard, NED Puffin imposes a liar. Ok, they lotta people. They lie. people to make people feel good about themselves. Are you going to buy a home you going to spend about to two hundred and thirty?
since the number. Let me change that we just save fourteen thousand dollars from back in the money. Again, two thirty six. Ok. I was already given this piece of paper this morning. I mean I rode up the whole thing printed and everything. Okay hundred and thirty six thousand dollars. If you went to Dave Ramsey's class, then you must pay cash for this house. right, so we're going to assume no payments and no end Let assume that you're too little freakin kids are now teenagers. still live in the house on nine? Even talking about down the long man I'm not getting get into oh The hose broke. You others spoke. Come out and water the long those broke. you probably don't have sprinklers, do you pay about. We have some some some some groceries. Bodies like food, ok, the average American spans fifteen.
thousand dollars a year. This is going. For years. Sixty thousand ok dissolve food gummy you So right now, six twenty six! You got three hundred grand left over. We and bout bodies. We added Bob Bmw's nothin, big, oh by the way we had about it. bedroom house about like a little three bedroom house because of the average bedroom houses, four hundred and sixty six thousand dollars. You bought a media and understand I'm showing you what's gonna go we didn't buy rolls Royce right. You didn't have a Since you can start a business, you didn't find your business there's no advertising marketing branding. None of that. We don't. We have taken a vacation, I got a dog.
We're gonna dinner, we're gonna one dinner man. You had bought your wife one give the whole year, not one purse. And then you find out that your daughter's getting married thirty ran. Thirty gay man, thirty Gregg Unions, whacked. Three hundred grand is left over, got whacked by your daughter and by the way you don't even like the Son in law. You know the marriage will last and cautious thirty Kay, you didn't, spend any money. We are the money now folks, okay and you thought you were rich. My name is grant Cardone and you are in the car down sound for your wake up, call, don't go no way. I welcome it.
Grant Cardone in the Cardone zone. I'm here to talk to you today about you money every Friday, twelve p, dot m. I talk to you about your money, your finances, your career, your business. I try to wake you up. I try to get you to understand what people aren't telling you Ok you're here a lot of bad news out their folks, but the ban Is that you're here and is not the real news? You need a here? Ok, let me or hate me, I'm gonna give it to you real. This is what your mommy, your daddy in the media, don't tell you! They confuse you d politicians confuse you! They want I'll tell you the truth, they tell you. The truth are worried that you're gonna quit you got me like. Oh God, let's go to burn down the White House we'll have to people want do that now already their word about the other half an. Let's all go burned down, here's the truth. Ok you have been lied to you our broke are just go.
by and it's not your fault. This is what you don't understand. The things you have been too. To buy or bad for you and the solutions you been given by the day, Ramses or incorrect and outdated. Ok, I just went through a million dollars where we Robert right now we took a million dollars. We took a minute. We have three hundred and forty four thousand dollars left how much three hundred and four four thousand left out of a million we bought a because they send you. Pay gas guy, what do we do writer college college kids to college because you You have to it wasn't enough that you had two kids and you took care of him and you brought him up good now and you were forced to send them to college because higher education boy my man more money, maybe Barton Money, but not know. If you, if you, if you're against dead, then you didn't do that and by the way, at the end of the four and a half years or five years, they still hadn't graduated, they can't get a job
some of the jobs that they train for don't even exist anymore, another move and back- and you with your in your house, but by the way, we're not even mention in that they're moving back you. Ok, I have a dog on here, your golden retriever. We don't have him eaten and by the way they had to go to the vet once or twice a year. We have sixty Six thousand dollars for two cars right here is a car and oh yeah, yeah had to pay cash. Did these aren't fancy freaking car keys are Camry's man. Ok is a Camry and afford truck because a millionaire next door said huge about for drug a guy. Like you only safe. Now you ain't gonna start budget. You just eat basic food. Fifteen grand a year for the average family in America Signal to Bio day. You don't go, have a marguerite! Oh Mamma, reed! Oh, tat no burrito, no out! No ok. What does this thirty grand far forgot? What this was for? You didn't have a cavity There wasn't coming by use your daughter's wedding. Oh yeah, you data went married, a freak and lose or John. He didn't have
thirty cases you had to pay for causes some bullshit tradition, their daughters, Mama, our daddy pays for it, even though you can't afford it, you did it because you feel obligated. Oh no you're, the millionaire, here, the millionaire next door, so you, to do it because you got more money than the break. Loser does this tradition right much money. We got left I threw it forty four thousand right. No dad that Constitution Grant minimum basis. Box in the ground. Nobody, deal now no flowers, caution Kay right there. Okay, we warning count that death, because less is denied even happened right. Ok, what else we got here, oh your daughter's pregnant and your loser son in law. Don't have the money the tin k, then it's gonna take to do the baby delivery. now we have an even handed in bed.
He was a man is ok. How about this You find out that your Mama's got cancer. Four hundred and eighty grand How do you negative now and a millionaire next door is the millionaire no more We need a title of Bavaria. Guy guy, Look. I want to give a big shut out the Zachary, the people that are watching the show and share in it wins Alexander. You guys no mere Karim Dragon Michael. You guys are sharing the strange. Thank you so much. Thank you for sharing. Thank you for colony and thank you for coming bank. Thank you for asking questions and thank you. For being willing on Sink Oda Mayo Day understand a man. Look, you guys had been brought up to think poor, poor envy, poor.
You're broke or just getting by. I know I got friends at a millionaires man they're like when I saw you when I sell your book, the millionaire booklet it worked meet me and my wife got woke up by who's. Got the book me and my wife. What woke woken up is that of work, waken, woken up we came in your way, when we realise has when we realise that we thought a million dollars was a lot of money. I had again office two days ago says: maybe he's got back from Guatemala, we're so grateful, but you grateful for. Do we we have it so much. You know, grant you never know how good you have it until you. Go to a third world country and find out how bad other people have it. If I they go to the slums too, where people aren't making it too makes sense. I how I'm making it I may get it. Do the math there's an old adage. The outages is numbers, don't lie people do In fact, people live in themselves. You know,
people want and applying to your folks, your life To yourself, if you think, a million dollars is a lot of money, this is an old idea that I want to it's your undone fraught now these or average scenarios? Let me bring you to a more realistic scenario. Guy again. What, if I told you and earlier shows by the way, are you two channels got four thousand videos like this historic waking, people from different angles. You know. You're shows, I told you the middle class, one of our best view. Videos on Youtube, ok is about the middle class them of the middle class. What was I video? We are looking at this morning Ronald how this kind of stuff, nothing and how to start from nothing, how to start from nothing. Ok, what the first thing and everybody says his men. This whole thing is a mental trip. Ok, the people, the great they create financial freedom in their lives. They they they vat, We figured out something bigger like why have they got do that? He thought bigger right.
Most of us are stuck, not we're not broke anymore. We're not or any more we're, not in poverty anymore. but the man continues to operate like like. We have poverty This idea right here. a million dollars a lot of money. Let me show you what could happen. Ok, four hundred eighty thousand now somebody in your family will have to answer. I guarantee it. Since the matter who It's not win is not if it's ok, four hundred eighty grant fatal com accident, one million one or thirty thousand dollars logical accidents in America. Folks here about all these gunshots gun, wound people. killing themselves against there's more correction. There are freaking killings by about by guts. So what do we have? We got things like childbirth, wedding, funerals, gonna happen. Kids want to go to school. What? If your kids want to go to a decent school school, ok for honor! Forty thousand, I'm talking about a college where we would actually know the name of Machnik state diversity. With magnates where'd. You go to college
I want to magnesia, like We have always go to college. I know that's why I went to aboard forty grand to do it, my Grandcourt down here in the car and I'm and unblown through a million dollars so fast you're broke again. A walk, back tat was a shorter than normal brain, because I don't wanna be broke, devil again. But we're talking about a million dollars today. Untarnished show you how little money it is. Okay to keep in mind. Ok, let's say you: ve got a million dollars right now in immediately you want a million dollars and then a meal you wouldn't bought. A four hundred. Eighty thousand dollar house did not suit by people Let's assume that you had a car accident worst case scenario. I know it seems like all my god that would never happened to me. There's five people in the room with me right now, and it happened one person Robin what did that accident caution? Nine hundred thousand dollars medical bells. Nine hundred ran and medical bills are guided by the way probably wouldn't earn an income while she was getting
stop whenever they did her. Ok, you gotta to Ivy League, really nice school sign or know. What's a really nice school harbour oppressed in print Then! Ok, that's four hundred and forty! Thousand dollars for two schools for two kids: we need help. Taken a vacation. You hadn't bodice Chanel bag. For you, we hadn't done a birthday cake for the kids. Oh I forgot, I forgot my uncle. Uncle Sammy? Oh Sammy Man, oh Sammy, we forgot to pay our damn taxes amber dude and Ben or it s? Okay calls me says: hey brand name, I like to get a meeting which is who are you our and s coming to see the J T in the sea.
A guy- and I am a meeting when they dont think this to happen to you- have unawares its nights happening, course cage happen What's your name, Martha Stewart, she forgot happened with what what what song was Willie famous war by the way Think out my you always on my mind, I'm willing as a very good debate as well as more pay. We Nick Cage Man decades we ve been paid twenty? Twenty five million dollars a movie nodded for here in the states. It was because he had this big freak in asian audience. The asian love Nick cage. Ok do good based axis, you know why, because you never figured out cashflow because he thought he was. read not. He didn't understand that new twenty million dollars for a movie after an agent, ok- after a manager after the lawyers and after bodyguards hands
what about? Maybe sixty percent of that sort they presented. Twenty millions. Twelve may not usually did I'm rich. He forgot to pay the r and D S and he was so stupid. He lived in California, so that was another thirteen forty eight to the FED, sixty one off the top, the guy twelve million dollar spin, like it was twenty any only had six in the beginning, never did the math. Never. in the map. Okay, so look taxes on one million dollars in any state in America until Trump tries to undo. This thing is going to be minimum three hundred and eighty and that's if you don't pay state tax. Okay, keep a man. You still haven't gone to dinner, not wonder you still have gone on vacation. You still haven't, bought a tin ex growth can ticket you steal and spent one penny. My store. I'm giving away. One of these more again
I'm giving one of these away, you got a farmer instagram to get one. Had the notifications notified, patients turned on others. You can't stand me. I don't blanket because the truth- man- sometimes it just don't tastes good. But at least I'm telling you the truth. I love me your hate me man. I keep a deal with you. This is what my pair, Didn't teach me Mamma couldn't do me this mama? Never, thought about a million dollars I told my mama be a millionaire one that should be homer. Got son I love you son. Just the way you are, you don't need to be a millionaire for me to love young. Like did I got your love! I want a million dollars, and ass soon, ass? I had a million dollars and I did the math. I was like not impressed because it wouldn't go any place. Man, this million dollars no marketing, no branding no facebook, adds nothing man, no shit options for your kids right, no sir, overs with the little girls, my little girls, one sleep overs all the time they want to bring their friends over. Ok, no no Disneyland was Disneyland costs anyway. Avatar
the Disneyland go dismally average. no pancakes noted, figure, Mickey mouse balloons? No bullshit do ok kid sick, but bomb is, throws you gotta go go, get another outfit form they get fascinated with the princess outfit, no tips you the cheapest. In person, departure car. the king in a panic. This isn't very. Five, thirty, two and dizzy lamp or not using all one time. Could you broke you focus! Millionaire you better off without money possess what you got no money, You guys need to come up with another plan. Okay, this little book I'll, give it to you for free. If you want to read it I'll, ask you to do is to things read it and share it. Forty two pages takes. Thirty five minutes to read: average persons ring this book and under forty minutes, ok I'll send it for free. Very fine
because I know you a millionaire- and you don't have this book on you, but ok, I'll, give you the book for free. You handle the shipping whatever it costs, you PS. U S. P S federal, express whatever costly to ship that book you pay for the ship but a handle, ok, you pay for the ship, I'll pay. and if you don't want to pay for the ship come tomorrow, fast and I'll, give it to you and signed a damn thing myself. Ok, so do that? Grab that, let's change the way you think? Ok, I'm gonna handle some of your questions here. Some your comments was up. some of your questions and comments here. Ok, we got coming in on the face of book. I really appreciate all shown up here plea share this: if like it. Please comment: What would you do with a million dollars a day how many people
We view known that went broke with a million dollars, guys us three of you watching the thing is our question over there. Ok, the then than ok, so I guess I can see it from over here, and so you can probably see what people are actually ask in here like sharing experiences the sea was, a man arose with for sure that's from pad Hilton, ok, Dionne, right watch in Bradley right now, he's resetting my man big time. How can you be what Oh he's, watching Bradley on the text. We have conduct comforts, lash dream. Ok, by the way everything it think of tomato. Today. Everything in our store is a single Dimitrios sale. You buy a whole burrito for me today. You only pay for half a year
taco for me today, you, but that half of you by one margherita for me and my store today, and you only pay for a half hour, take care. The other half a thing to code is sink. Oh, what a sea sink or see. I could see you ok Ok couple a couple of comments: right, you're, really appreciate. Milliner but could somebody millionaire booklet, Dotcom Ford, Slash Free Robert? Thank you very much Robert. I appreciated here and now to go to an ex rule. natural response or in the house today and who's got my money, these beautiful man books. Almost kick kick myself there. Ok, ok just a general question: if successful person is cheating on their wife or they really successful are just one, as we have been till they are caught. Do I mean there's no way man the looked most people. Let me just say that most people not cheating on a white.
Dignan themselves. You know the old thing about I'm going to Vegas this weekend. Whatever happens: a beggar stays in Vegas, it's not true. If I was you everywhere, you go, you always know. Ok, you always know, that's people like me MAX. I tell him the truth. They know the truth. People know the truth. The people it don't like me just don't want the truth. You know us. If the shoe fits into shoe fence man, if the shoe fits Ok, you, you and your wife doesn't want to hear this information because the shoe fits in. She don't want aware it. I'm not the problem here, ok, The shoe fits like you that you guys are fighting this, do the math? What are you fighting over if I had a million dollars? What would you do If we had a million dollars, what a guy I'd, go pay the house out! Ok, good! You owe to eighty on the house. Now. What would you do? now. What do I do? my kids sixty ground. Yet ok, good! Now. What would you do? Ok,
Obama, Visa, Mastercard. Anybody got any dead here, credit card debt- ah monsieur she by the fifty off ok. Now, what would you do I gotTa Grand Cardona go Bass and premier tickets into Grandcourt on theirs, twenty Akashi, twenty plus supply over cautious fortify over here now Well, that's what he's doing vacation yet had a health problem had had a car wreck. Dont have any free, stealing from you. Ok, your mom and dad I busted out mommy and daddy. Nobody puts us on a budget. That's why I say budgets are bullshit, but just a bush because nobody puts all the real stuff that actually happens in people's lives. Like your daddy calling up saying I need to go to treat my centre for my drug addiction. The harrowing am I ass, a guy Nobody wants to talk about that. You know and you're coverage doesn't cover the priest, listing condition. What is it all about? Ok, how about all the people? would that rincon bad attitudes, preconditions
that are dying every day because they don't work and they don't push and they don't and Charbonneau Hustle and they all faced a reality and that my friends is why so many people in the wealthiest countries on the planet don't have any money because they never did the map. Okay, so I'll walk you through a millionaire buckling dot com for less free broker, wants to know on await a million dollars. Is your one thing that you will change like? Where did you learn that you would have done? finally, yeah well, what I would have done differently was, I thought when I was twenty, eight, twenty, nine thirty years, all a millionaire there's a lot of money. I would change my whole thinking. I should I should have been thinking the whole time one. I just think like this man. just move is over. it started? Thinking about the hundred from the gate go. I should have been thinking. This is what people should be. Kid should be leaving school thinking about fifty million eighty million, hundreds of millions were well. If you don't get there,
you're still be better off than what you're thinking right now at least you're going into the scene. Thinking when want a job that pays sixty grand, I want a job that has sixty thousand dollar base with a two hundred thousand dollar upside. How can we go become a graphic sky, because I, like graphics? Why? Because pay. Seventy Gran MAX friggin genius. Graphics job can lean and two african revenue opportunity wagon, makes seventy here and another two hundred over here because look back make two. Seventy a year right and keep half of it has to say, Many that's one! Thirty five a year in I can do that for thirty years, then actually might have some money. I have four million bucks before taxes, but even that's not gonna be enough money, so you're, ginger, you're thinking you start thinking about that. Given my money turn our aid, you got people say I'm an idiot only five hundred dollars a month, and I already I want to do that the next thirty years and one on sixty five years old,
I will have seventy eight thousand dollars saved. This is done man. ok, I just went through the deal. Okay, if Europe dad you're out of money again, if you want to give them a decent funeral, I know what it ass. The very mama right in now. Let me tell you something: when you're burying apparent you ain't she's out you gonna miles round the flower you're not gonna, get the freak in fifteen dollar bouquet of flowers. You gonna buy the big freakin Rita, cost four hundred bucks. My name is grant Cardone, I'm just trying to keep it real for you, okay, Avinash wants to know. What's the greatest regret in your life. My greatest regret, Bros, I didn't go bigger, faster huger from the get go. I should have thought bigger, was. I was brought up in an environment where just lofty thing I'm gonna be successful. That was like that was overwhelming. For most people, you know when I tell Mama, I'm gonna get rich one day she she'd be. I love you the way you are every time. It was the same thing to me.
Which was what shouted down boy that was our versions shut it down, so don't think, do big what a fighter! look I wanna be a billionaire. This This should have been my target from they gave go, they should have been this This should be everybody's target. Most people cannot even write that number down. Counting the zeros out, while you're doing without too many like that's how unfamiliar the z rose are with us. Ok, we Don't Anzio shrouded! Do that just try to do it, one billion dollars just right out one billion dollars without counting zeros, because we have done is so little nobody. Spiders to say: just keep adding zeros man, grandcourt out every Friday. I bring you this thing called the Cardona Zone and hopes that I get to the right people, I'm just trying to get to the right people, the right people and turn it on trying to open up dead
gate that that that the door has been shot right and you can live you don't need a like it. Maybe like it now. Maybe you come back like me later. I don't know you don't need a lively. You just need to wake up. Folks, ok, look how bad idea so The college probably a bad idea: ok, a couple of cars that you can't afford, probably terrible idea of your financing, your car for ninety six months. You bought too much car. the suit. I have on right now this little boss jacket about this and sail We pay may pay and five thousand dollars for this jacket. Inga made me look at me. I feel better. Do don't do you, Neither do that to you so rich. You can't miss the money. Man like you. Any delay, an omission anymore then You can do all that stupid stuff like the car and applying all that. But me its way down the lad pitch money right. Did she had brought its family on the right page, so you can have freedom free
The purpose of this money is not to pay the bills right, purposes of money by the way we unused any this money for the right thing, What's her name ran? What's your name that wrote down and Road Dining room Enron and ran she's, Look money is a tool you're still the driver, ok, Money is a tool we We borrowed any tools here, berry and people Marian people hand in cancer in car Rex, Bonn, houses and bull shit We ain't use money as the tool, which is what marketing branding expansion multiplies freedom monies. Cardon thanks for joint meeting. They tell your friends, friends, by the way, all my instinct, And the more I give this away before new eastern standard time. Record on one has to ask say, go to buy or sell today, just for the day you better Marino, I'll pay for half of the fifty percent off
love your Mexicans
Transcript generated on 2020-12-15.