176: The Secrets of the Wealthy

Grant Cardone, NY Times bestselling author and successful entrepreneur, offers insights and advice to help the middle class break out and achieve true freedom. In this episode Grant focuses on income disparity and explains that rich people continue to get rich because they are focused on getting rich. He offers hard-hitting, eye-opening comparisons of how wealthy people approach money versus the middle class. "Most people aren't thinking about getting wealthy. They're thinking about getting by." Grant explains that how we think about money determines the wealth we create. How our parents raised us to think about money affects us. However, Grant explains that it is up to us to do the following things to create wealth and the freedom that comes with it.

Grant's Wealth Tips: 1. Study those who achieved wealth. 2. Understand money isn't made it is collected. 3. Don't earn to spend, earn to invest. 4. Create passive, residual income flows.

Grant takes callers and encourages them to study Warren Buffet, Mark Zuckerberg and other wealthy people and pay attention to what they do with their money. Callers agree that money was either a subject not discussed or, something they were educated not to have. Grant explains that capitalists use money to generate more so they can be free.