Pearl - ＂You Need To Go Broke＂ Grant Cardone REVEALS MUST-HAVE Success Traits

00:00:00.000 what up guys welcome to the just pearly things youtube channel and welcome to the sit down today

00:00:07.520 i have two special guests on the channel um first and foremost welcome grant cardone to the show

00:00:14.240 thank you thank you for having me my guy ryan secco right here ryan used to be a pilot with

00:00:19.040 me and now he's running real estate all over the world with me so really yeah this guy's a

00:00:24.320 a real player real elevator how did you guys meet uh he you too yeah you tell the story right so i

00:00:32.640 i was actually i was a pilot for united and i wanted to get into the real estate game at a

00:00:37.120 bigger level and nobody was doing it and so i was searching on youtube like how to buy 100 unit

00:00:42.080 multi-family complex and i found grant talking about how to do a deal how to find a deal and i

00:00:47.120 was like man he also had mentioned that he was buying an airplane i was like how cool would it

00:00:51.280 be to go and work and be a part of a team.

00:00:53.280 He's literally, he was literally walking or what do you call it?

00:00:57.280 Hiking. Hiking this mountain in Arizona.

00:00:59.440 With my girlfriend.

00:01:00.080 With his girlfriend. What was his name?

00:01:03.360 And they're hiking, right?

00:01:05.040 Jay.

00:01:07.040 They're hiking and the girlfriend says, and he says, I'm going to leave, Scott,

00:01:11.440 I'm going to leave Arizona and I'm going to go move to Miami and work for this Grant Cardonga.

00:01:15.360 Wow.

00:01:15.760 So you could tell they weren't greatly connected. It wasn't a really strong relationship because he

00:01:20.480 just walked out on her. She didn't want to come? Different topic. Well, she thought it was crazy.

00:01:29.120 Yeah. I mean, because when you're working... And so did all his pilot friends because he was,

00:01:33.760 you know, if you're a pilot at United, you're making 125, $200,000 a year. You get a pension,

00:01:39.760 you get benefits, you know, they provide you with a plane. It's a great job. And

00:01:44.800 he walked away from that. He had been doing it how many years? I was doing it for nine years,

00:01:49.360 had 18 days off a month but i didn't believe i knew that if i could just get around the right

00:01:54.080 people i just knew that i was going to accelerate so much quicker yeah i gave it all up so how'd

00:01:58.400 you find him he found me on youtube he called the office yeah oh and applied for a job and got a job

00:02:04.720 there he quit his old job that made 200 grand a year whatever the number was and took a job that

00:02:10.240 made him 36 000 bucks a year and now he's running a four billion dollar real estate portfolio no way

00:02:14.560 Okay. And did you know he was going to be a winner like the second you had him?

00:02:18.060 No, I thought he was a complete loser when I met him.

00:02:20.060 Really?

00:02:21.060 100%.

00:02:22.060 What was the giveaway?

00:02:23.060 Because the thing about Ryan that I did like, okay, was that he was willing. That was the

00:02:30.460 number one trait and characteristic for me, willingness to do anything. It didn't matter.

00:02:36.600 He didn't have this entitlement kind of phenomenon that people have, like, I deserve this and

00:02:41.660 And what's my day off?

00:02:42.660 And I need a title and you owe me this and give me more training.

00:02:47.480 There was none of that.

00:02:48.480 It was just like, hey, what can I do?

00:02:49.480 How can I help?

00:02:50.480 Anything.

00:02:51.480 And so we didn't have, I didn't have a plane at the time.

00:02:53.940 So I said, look, I don't have a plane for you to fly.

00:02:57.140 Get on the phones and make sales calls.

00:02:59.560 He's terrible at it.

00:03:00.560 He's not even like, and he's always going to be pretty much terrible at it.

00:03:03.780 But I said, okay, I'm like, let's do it.

00:03:06.600 He did it.

00:03:07.600 Right.

00:03:08.600 So then my wife would come to me and she'd be like, you know, we're getting a plane and

00:03:10.900 Ryan can fly it. I'm like, I don't need a pilot. I need a sales guy. Anybody can find a pilot.

00:03:18.840 Anybody can fly a plane. Not anybody can sell it. This guy can't even handle the telephone.

00:03:24.060 I'm not going to try to have it. He can't even handle an objection. How's he going to handle

00:03:27.840 the autopilot? Me on a plane. Anyway, long story short, we bought the plane. He became the pilot.

00:03:35.880 He started spending time with me. I started liking him more. We'd go look at real estate

00:03:39.400 when I'm looking, he'd fly me to Alabama or Houston or wherever, and I'd go look at the

00:03:44.180 real estate and he'd come with me. He just kept staying close. And I saw how much he

00:03:49.300 liked the real estate. I bought a deal once. There was a bunch of vacancy on the deal.

00:03:54.380 I said, man, somebody, we need to fix this vacancy. He says, I'll fix it. I'll stay back,

00:03:59.660 move in and fix it. And he fixed it. And then he lost his job as a pilot and got a job as

00:04:06.760 real estate guy. Wow. Yeah. Because that was my first question for you is, what do you think is

00:04:12.360 the trait that made you successful and can you pick it out in other people? Well, the first part

00:04:19.000 of it, what made me successful is not one trait. Okay. So it's many traits and there's not one

00:04:24.440 thing. Can I pick it out in other people? I mean, I'd like to see all these things in other people.

00:04:31.640 Yeah. But the traits would, first of all, would be, uh, persistence, definitely, um,

00:04:40.600 personally motivated. I don't need anybody to, to jab me. Yeah. Um, I am, I am really,

00:04:50.440 I am motivated by my own potential, not, not some target or bone. I like the bones,

00:04:56.200 You know, but, and I like rewards and I like, you know, oh my God, I got a trophy. Trophies

00:05:02.940 don't really mean anything to me. In my case, it would be a score. Certificates have never

00:05:09.700 meant anything to me ever. Labels, hey, here's your award for the month. Never. None of that

00:05:14.260 stuff. I know a lot of people love it. You know, it's funny. The YouTube plaque, I never ordered

00:05:19.960 it because I didn't care. Yeah. Like what I did, Blessing did, but I relate to that because I

00:05:25.020 I'm like, how many, how many is that?

00:05:27.820 Oh, it's a million.

00:05:29.040 Yeah.

00:05:29.380 So, you know, cause as soon as I get the million, I'm like, how do I get 10 million?

00:05:32.740 I'm always driven to this next thing.

00:05:34.380 Anyway, that was cool.

00:05:35.360 By the way, I loved that YouTube did that.

00:05:37.300 I thought that that was very smart of them to do it.

00:05:41.940 And then, so tenacity, man, don't quit, do the right thing.

00:05:47.060 Like always do the right thing.

00:05:48.420 I always try to do the right thing.

00:05:51.040 I'm extremely difficult person to deal with.

00:05:53.780 But, but, and I'm hard on people, but I'm not hard on people doing the wrong thing.

00:06:02.260 Um, probably I probably tease people too much to pick on people and make little

00:06:06.740 dumb jokes and embarrass people unnecessarily, but it's really my fun, my way of poking and having

00:06:12.900 fun. Um, but I'm not, I'm not ever damaging anyone now. Now it appears when you, when you're around

00:06:18.340 me that it's dangerous, like something bad is going to happen, but nothing ever does.

00:06:24.100 Okay. You don't come across like that on camera.

00:06:26.740 Like, okay, there's something dangerous could happen at any time.

00:06:30.180 It feels a little loose sometimes, but it's because you're such a pro though,

00:06:35.460 that you know, like when the line kind of moves around because you're also really tight. Like

00:06:40.900 the way you operate is really tight.

00:06:42.340 I don't know if any of that makes any sense, you know, that it's just kind of a complicated

00:06:46.820 phenomenon but but um now what can i see that in other people man i wish oh really yeah okay i wish

00:06:54.740 i could see it in other people but the other thing is i don't mind being controlled either

00:06:58.100 like if you show me if he shows me he's in charge and he knows what he's doing i'm like i'm settling

00:07:02.500 back but until he proves that to me i'm going to impose control so i'll give anybody around

00:07:12.100 me control as long as they earn it and say, Hey, I got this, man. Don't tell me you got it. Just

00:07:17.380 get it. Prove to me you got it. And then I'm gonna sit back and be, be completely chill.

00:07:23.460 How do you, because one trait I've noticed in really successful people is they can make

00:07:29.380 decisions really quickly. Do you feel like you make decisions quickly? And is that something

00:07:34.740 you learned or is that something that you developed over time?

00:07:37.620 Yeah, that's a great question. I've never been asked that in an interview.

00:07:39.940 You know, I think everybody around me thinks I make decisions very quickly.

00:07:47.360 Would you say so?

00:07:48.500 Yeah, I would agree with that.

00:07:49.020 Yeah.

00:07:49.340 Yeah, compared.

00:07:50.420 Like I was getting out of the car.

00:07:52.320 Is that called a cab or an Uber or what?

00:07:54.720 Uber, I think.

00:07:55.680 So I got out of it.

00:07:58.040 I'm texting this guy.

00:07:59.300 I'm like, hey, bro, like what do we do with that Jacaranda deal?

00:08:02.940 Well, we didn't love it.

00:08:04.100 I love it.

00:08:05.120 Like I'm getting out of the car, trying to figure out where I'm going to your place.

00:08:08.440 I'm multitasking all the time.

00:08:09.940 I'm like, I love that deal. I can go buy it right now.

00:08:11.880 The other guys hit me saying $130 million will buy the deal right now.

00:08:15.520 And I'm like, I instinctively know we should go buy that deal.

00:08:19.400 So I'm like, let's go buy the deal.

00:08:21.420 I don't have a lot of data to support doing the deal.

00:08:24.240 You don't have data to support it?

00:08:25.740 I don't have a lot of data at this point, but my inclinations are we should go do that deal.

00:08:30.780 And then I'll get the data later to support it.

00:08:33.240 So for me, it's not that I'm making decisions fast.

00:08:35.900 I'm making them in a sequence.

00:08:37.960 In a sequence?

00:08:38.780 There's a sequence of decision making. I want the deal. Then I go pursue the data,

00:08:44.620 but first I got to get the deal. And so I think what happens to a lot of people is they don't

00:08:48.220 understand the sequence so that they don't understand the priority of things. Not every

00:08:52.940 decision is the same decision. There's the first step, the second step, the third step,

00:08:57.980 and the fourth step. And all I'm, all I'm trying to do right now is the first step, which is,

00:09:01.660 I like the deal. Let's go get it. Let's get it under contract. Then I'll get the data to support.

00:09:06.940 So is it kind of like a gut decision first?

00:09:09.740 Is it a gut? I don't think it's a gut. I'm not, it's not, it's not a thing in my gut. It's more

00:09:13.740 outside of me than it is in my body. If the guts in my body, it's more of a, like,

00:09:21.100 a lot of experience, 30, 40 years of doing this. And I'm like, we should go buy that deal.

00:09:27.180 He's going to tell me it's got eight foot ceilings. That's what he told me three steps

00:09:31.180 out of the car. I don't care. I like it. I'm telling you the deal is good, even though it

00:09:35.500 has this one thing called the eight foot ceiling, which is a critical thing on the property, right?

00:09:43.020 So how do you like the location? It's great. Yeah. It's great. See, I like it even more now.

00:09:48.380 Okay. And then I look at the per door price, but the first thing I did was just hit the guy back.

00:09:52.060 I'm literally walking out of the car. Don't have a lot of data. I'm like, bro, what does it take

00:09:55.420 to buy this deal? Okay. What do I have to do to buy it? It's right there. This was literally like

00:09:59.900 moments ago. I've heard that billionaires make deals over text. Is that true?

00:10:05.100 That that'll be a one eighth of a billion dollars.

00:10:08.100 Wow.

00:10:09.100 Done in your presence.

00:10:12.100 You should close it on the show.

00:10:14.100 Yeah, please do.

00:10:17.100 What?

00:10:18.100 Okay.

00:10:19.100 I'm the best guest to have, by the way, because you know, you can end up making $10 million

00:10:22.100 off this deal.

00:10:23.100 Oh, really?

00:10:24.100 We just got demonetized.

00:10:25.100 So let us in.

00:10:26.100 Oh, really?

00:10:27.100 Yeah.

00:10:28.100 Yeah.

00:10:29.100 YouTube has been pretty bad with it.

00:10:30.100 They've been taking out a lot of people recently.

00:10:32.100 Wow.

00:10:33.100 said um we'll have to edit it out but I said and so they they just oh man you could talk no not this

00:10:40.320 no because I did a tournament last year I play volleyball here yeah that's like why I'm in

00:10:46.920 England and they had a team full of dudes oh my god and so yeah so I started talking about it on

00:10:52.740 a show and I was like these and YouTube we'll have to bleep it but YouTube doesn't like that

00:10:57.220 too much. So then they demonetized us for four months.

00:11:01.480 Yeah, what a shame. Yeah. So I was curious, if you were

00:11:05.560 demonetized on YouTube, how would you make back ad revenue?

00:11:09.800 Like, what would be your thought process?

00:11:11.860 Oh, you're selfish. Oh, yeah.

00:11:13.960 You're a greedy little bitch. She's ready to get me a water

00:11:17.560 with. Yeah, of course.

00:11:19.240 I think blessing can go.

00:11:21.940 Well, number one, I would never be dependent upon

00:11:27.940 one flow for my traffic.

00:11:30.940 Yeah, no, that was my first mistake.

00:11:33.040 Yeah, yeah, ever. I've said this for years. On podcasts like this

00:11:38.240 and interviews like, Hey, what, what, what, what, what, uh,

00:11:41.680 social media do you like the best? I don't like any of them the

00:11:44.980 best. Right? I don't like any of them actually. So I use them. So

00:11:49.760 the question is, which one do you use the most? Okay, and then,

00:11:53.960 And then, um, that's kind of English.

00:12:00.880 And then it's like, okay, um, don't, don't, like, I don't want to be on any of them.

00:12:08.220 You know, I, I'm going to use every one of them equally.

00:12:11.760 So, uh, the one I want to be on is the one you're on.

00:12:15.900 You too?

00:12:16.720 No, the one you're on.

00:12:18.160 Oh.

00:12:18.640 Or your audience is on.

00:12:19.620 Okay.

00:12:20.380 Whatever they're, you're on Instagram, I'm on Instagram.

00:12:22.380 You're on Rumble, I'm on Rumble.

00:12:23.440 You're on X, I'm on X, right?

00:12:26.600 So now if I was dependent upon one, like you are, you know, you know, there's a word for

00:12:33.580 that in America.

00:12:34.580 What?

00:12:35.580 Stupid?

00:12:36.580 Well, or...

00:12:37.580 I know.

00:12:38.580 What?

00:12:39.580 Ho.

00:12:40.580 Ho.

00:12:41.580 Ho.

00:12:42.580 Why?

00:12:43.580 Why?

00:12:44.580 You're a YouTube ho.

00:12:45.580 Yeah, I know.

00:12:46.580 I know.

00:12:47.580 You know, they're the pimp and you're the ho.

00:12:50.520 Yeah.

00:12:51.520 you became dependent upon one. I know. My stuff was so overnight that I just, I didn't,

00:12:57.440 it wasn't very smart. That's fine though. You have all the, you have all the content, right?

00:13:00.800 Yeah. Yeah, I do. It'll work other places. So you just need to now figure out how do I

00:13:06.720 distribute on every, you can't depend on one road to get to where you're going. You have to be

00:13:12.000 willing to like, yeah, you could stay in the lane as long as the lane works. But the moment the lane

00:13:16.000 shuts down, you need to be, you need to say, I can't be in this lane anymore and switch to the

00:13:20.960 the ditch. So the niches are not the riches are not in the

00:13:25.520 niches. The stuckness is in the niches. That'd be great to be

00:13:30.320 great on YouTube and focus on that. But you got to make sure

00:13:33.360 that you have these other avenues. Anyway, if that

00:13:37.820 happened to me, I mean, I would try to distribute on every other

00:13:40.960 platform as fast as possible. I try to make amends with those

00:13:43.580 guys and get back on the platform. Then then how do you

00:13:47.940 monetize you monetize through ad dollars. So don't tell me it's ad

00:13:52.080 dollars that you know, the number one way before we got I mean,

00:13:54.800 obviously, it's nothing now. But the number one way was ad

00:13:59.160 revenue. And then I do manage to I managed to other people's

00:14:02.640 YouTube. So they're still monetized. Yeah, we get sponsors

00:14:06.900 but yeah, see, I hate both of those. I hate both. I hate the

00:14:10.020 ads. And I hate the sponsors. Because you say something the

00:14:13.540 sponsors don't like, then they want to pull, you're always

00:14:15.960 spending your time getting sponsors. You know, you need

00:14:18.740 products and services. You know, we do about $150 million a

00:14:23.280 year. And we don't do any ads. I'll bet you I'll bet you my ad

00:14:27.740 revenue from YouTube, I have 2.4 million followers on YouTube.

00:14:30.600 And I'll bet you our ad revenue in the last 16 years has been

00:14:36.300 less than a million dollars.

00:14:39.060 Wow. So billions of views, right? Because I never up until

00:14:44.960 recently did we open up the ads because they're going to force you to do it anyway. You really

00:14:50.400 don't have a choice anymore. Yeah, I know. That's fine. So, but until then, I didn't want anybody

00:14:54.520 seeing ads. I only wanted to watch my material because I didn't want the ad dollars. And number

00:14:59.280 two, we don't have any sponsors. The only sponsors are internal companies, other companies that I

00:15:04.640 already own. So that's Avery. Are you going to make the deal? You want to do the deal? Yeah, do it.

00:15:12.000 do it avery how you doing buddy man i'm late am i late on this deal

00:15:22.720 hey am i too late on this deal no no i mean we just we just went to best and final okay

00:15:28.320 because i was slamming ryan i said you ryan we were supposed to write on this deal last week

00:15:33.680 now i got to go apologize to him or should i hammer offers offers offers were due on wednesday

00:15:41.440 okay and so and so we i i got i connected with the client on friday

00:15:49.520 and you know our our top bids are

00:15:57.920 our top bids are i got two bids and 130 million and then i got uh you know probably another four

00:16:06.400 bids between 126 and 130 and then i got nine nine total bids above 125. so you know a fair amount

00:16:15.520 of interest you're asking me what should i do i think you should offer 130 million on cash and

00:16:21.680 say hey look i'm ready to go okay i'll get you something back this morning all right okay

00:16:29.360 All right. So let's do it.

00:16:33.840 Oh, wow. So it's done now?

00:16:35.360 It's done.

00:16:35.840 Oh, wow.

00:16:36.400 We're going to do it right now.

00:16:37.120 That was so quick. You didn't even have to deliberate or anything.

00:16:41.040 No.

00:16:41.600 No.

00:16:42.080 I know I want it.

00:16:43.440 Yeah.

00:16:43.680 I know I want it. Like once you know you want something, man, go.

00:16:46.720 Don't, okay, let me do some work. Like, no, just go get it. Go do it. Because if I had time,

00:16:52.800 I'm just going to get scared.

00:16:54.480 Yeah. That was actually one of my questions for you. You seem to live your life really

00:16:59.280 fearlessly. I saw an interview of yours where you were talking

00:17:04.200 about, I can't remember exactly what you said, but it was

00:17:06.640 something about reinvesting all of your money.

00:17:09.840 Yeah, stay broke. Stay broke. Go broke a couple times a year.

00:17:13.240 What is your thought process behind that? Because that sounds

00:17:17.200 so scary to me.

00:17:18.360 Yeah, because when I have no money, then I have nothing to

00:17:20.360 lose.

00:17:21.240 Oh, yeah.

00:17:22.160 See, then I become extremely dangerous. Meaning, meaning if I

00:17:27.160 don't have any money and we go to lunch, who pays? I don't have any money. I'm rich. I'm rich. I just

00:17:36.280 don't have any money. See what I'm saying? So we go to lunch or we go to coffee. I'm like,

00:17:41.320 dang, I'm out. Can you cover me? Or I got to convince this coffee store to give me a loan.

00:17:50.120 but I want my money. Like the thought of doing that. I can't. Really? Yeah. That makes me anxious

00:17:57.620 like asking someone to pay for my coffee. Oh my God, man. Can you cover this one? This is why I

00:18:02.780 didn't do it. Are you a good person? Yeah. Well, good. Then don't worry about it. You're going to

00:18:06.260 make it up later. Yeah. Yeah, that's true. You know, but right now what you're doing is you're

00:18:09.780 holding on to money in case you have to buy the coffee or the lunch and then you never buy the

00:18:15.060 assets. You know, you should stay broke. You should stay broke. You should not have money.

00:18:21.860 You should have creativity. Because if I don't have money, then I'm forced to use my creativity.

00:18:27.460 Now, Ryan never has any money, but it's not just because he's cheating. It's a combination of both.

00:18:32.660 You know, but there's nothing wrong with that either, right? In the beginning,

00:18:35.060 you shouldn't act like you have money if you don't have money and be carrying money around

00:18:38.180 with you in case of an emergency. If you have an emergency right now, do you have any money to

00:18:44.580 to handle it. Yeah. Why? You don't want money for emergencies. What you want is money for

00:18:52.540 investing. Okay, hear me out. So my dad, he's a business guy too. Probably not as successful as

00:19:02.800 you, but he did pretty well. He told me I need to have six months of business expenses. And I was

00:19:09.920 lucky I did. So if something goes wrong, then you have it. Do you think that's bad advice?

00:19:16.280 I think that it's limited advice. I think what he should have told you is you need six streams

00:19:21.880 of distribution. And you only had one. Your dad told you part, he told you how to handle if your

00:19:31.720 one stream cut off. He's like, in case YouTube cuts you off, you need six months. Now, what he

00:19:39.060 have told you was you need six distribution lines so that any one can't hurt you because that would

00:19:45.780 only been about 12 of your your revenue right and then you don't need the six months so your dad

00:19:52.180 basically gave you a limited piece of advice on what to do if the world went to if youtube cuts

00:20:00.020 you off rather than a solution to when the world cuts you off and it will you have five other place

00:20:06.500 ways to get to where you're going. So do you think, because, okay, this is what I thought of.

00:20:12.100 You said to not have a lot of money or to stay broke, but you've also said that a million

00:20:17.220 dollars is no money. That's right. Is that confusing to you? So if you have a million

00:20:22.180 dollars, are you broke? Well, based on this deal that I'm trying to do right now, that would be

00:20:29.220 $129 million short. Right. But then where would you go if you need money?

00:20:33.940 Money for what?

00:20:36.660 I don't know. Like you said, you would need to get $129 million then.

00:20:40.900 Well, I don't have that problem today. But what I'm saying to you is like,

00:20:45.700 okay, let's handle one thing at a time. So is a million dollars a lot of money? No, it's not.

00:20:50.580 Now, it is a lot of money if you're from Ethiopia. You've never seen a million dollars.

00:20:55.860 $10,000 is a lot of money to you. A job paying you $1 an hour if you're from Ethiopia is a lot

00:21:03.780 of money you're like oh my god one dollar i'll do anything but it's not a lot of money right and

00:21:08.740 neither is the million once you get a million dollars you're gonna be like okay well i could

00:21:12.260 have one emergency one problem buy one house in london a million dollars doesn't go how old are

00:21:17.380 you i'm 27 27 years old 27 years from now you'll be 54 years old one million dollars will last you

00:21:24.260 about uh what's 27 into 30 grand a year 2500 bucks a month you can't live in london on that money

00:21:31.780 If you're going to go through it, you will have no money when

00:21:33.860 you're 54. And you'll still have 35 years left to live, or 30

00:21:37.540 years left to live. So you so that's what I meant when I said

00:21:40.680 a million dollars change the way you think. Like, like, you got

00:21:44.840 into your situation, because you were doing good on YouTube.

00:21:47.680 Yeah. And you were like, Oh, my God, I'm so grateful. This is

00:21:51.220 amazing what I'm doing. It was amazing. It's phenomenal. It

00:21:54.220 happened so fast. Oh, my God, I must be a star. I thought I

00:21:58.100 I was.

00:21:59.100 And then bang.

00:22:00.100 Yeah, I know.

00:22:01.100 See, but...

00:22:02.100 Yeah.

00:22:03.100 And your dad was telling you the right thing.

00:22:04.100 He said, hey man, you need six months in case shit hits the fan.

00:22:06.900 But he only puts you in a defensive position where I would put you in an offensive position

00:22:12.980 and say, look, you started this when you were broke.

00:22:16.760 You didn't have anything.

00:22:17.760 Yeah.

00:22:18.760 Then you had something.

00:22:19.760 Why would you save money?

00:22:20.760 Go broke again and get you a second YouTube and then go broke again and get you a third

00:22:26.260 stream on youtube go broke again and get a fourth one and go broke again and get a fifth one and go

00:22:30.900 broke again and get a sixth one and guess what when one of them cuts you off you still got five

00:22:34.740 streams and you're broke yeah and you won't stay broke as long as you got five streams five streams

00:22:40.100 because that's an interesting the concept though grant like like when you don't have an investment

00:22:44.420 vehicle it's actually terrifying yeah so like like for me when i was a pilot i didn't have the real

00:22:49.220 estate to go in like when i didn't have the investment vehicle though because like when

00:22:54.100 When we were talking like, oh, go broke, right?

00:22:56.060 It doesn't mean go broke and buy cars and buy houses and do all that.

00:22:58.520 Well, it does mean go broke with your money and invest it in another distribution channel

00:23:06.060 or another in a real estate deal that pays you money like we do.

00:23:10.240 But there's the one thing that it actually does, though, that like when you go broke

00:23:14.480 on something, it actually, when you drain the account, it makes you work even harder

00:23:19.020 to go and get another 50 grand or 100 grand or 200 grand to reinvest it.

00:23:23.400 Because a lot of people, like, they even call me and they're like, oh, my God, what does Grant mean about, you know, going broke or a million dollars or not?

00:23:31.180 Like, when I made my first million dollars on the real estate deal, like I was hanging out with Grant, I realized, I was like, man, I'm the smallest fish in a bigger pond.

00:23:42.000 I was like, oh, God, now that I hit a million dollars, I got to go and get 10.

00:23:47.120 Because a million dollars only produced, you know, four and five thousand, six percent, not only.

00:23:51.200 Yeah. Now your audience is listening and saying, wow, man, I'm listening to these two guys talk

00:23:54.720 about how a million dollars isn't a lot of money. I'm just, we're just giving you a piece of data

00:23:59.120 from another viewpoint. If you're broke, a million dollars is an amazing, phenomenal,

00:24:05.120 crazy amount of money. But trust me, you will end up saying that was no money,

00:24:11.920 but you don't know that. You know, you don't know that until you know it. And unfortunately,

00:24:18.000 I get hated on a lot because I'm just telling people the truth. And it sounds arrogant and

00:24:22.480 like, oh my God, you're not grateful. And no, you don't understand. And you're not relatable.

00:24:27.040 And you forgot what every little person has. None of that's true. I remember exactly when I had a

00:24:34.320 million dollars the first time. And I remember when I had no money. And I remember when I was

00:24:38.560 in debt. And I remember when I couldn't pay my rent. So none of that's true that I'm disconnected.

00:24:43.280 I'm telling you the truth and people don't like to hear it.

00:24:46.000 my dad's told me the same thing. And I had the same reaction where I was like,

00:24:49.840 what do you mean? It's so much money. But a lot of business people say similar stuff.

00:24:55.760 So I was thinking, okay, you have a crazy network. I saw in your story, you met Trump?

00:25:03.520 Yeah. Oh, Maddie?

00:25:05.120 Are you guys pals?

00:25:07.040 Oh, yeah.

00:25:07.600 Oh my gosh. That's so cool. Well, okay. So my question.

00:25:11.600 You want to call him right now?

00:25:12.960 Yeah.

00:25:13.280 Do you like Trump?

00:25:14.640 What? You like Trump? Yeah. Yeah. Yeah. Cool. Yeah. Big, big Trump fan over here.

00:25:19.600 But what, you're in such a unique position because you know, like a ridiculous amount

00:25:27.600 of wealthy people. What do wealthy people do differently than the rest of the world?

00:25:34.160 Some of what I'm telling you right now, you know, some of what I'm telling you right now,

00:25:38.640 they do differently like they don't store cash you know they don't depend on one flow of income

00:25:46.240 never you know they're not interested in earning money they're interested in money

00:25:53.040 they're more interested in money that they don't have to earn it just comes to them because they

00:25:57.120 made a decision right so the best money i have today is because i made a decision like that

00:26:02.720 decision I'll make on that is not something I did, where I flip a burger, sell the burger and get

00:26:09.520 $3, you know, of income, or I paint, I'm an artist and I paint something and somebody pays me $100.

00:26:17.280 That's income. I made a decision to take the $100 and invest in something. I bought a piece of art.

00:26:24.560 You know, it's interesting that the art collector ends up being wealthier than the artist.

00:26:29.120 It's like the music. Isn't that the same in music where like the person that owns all the

00:26:33.280 musicians, that's how they get all mad about their contracts later.

00:26:35.920 Yeah, exactly. I'm like, wait, you sold your art, Taylor Swift. I don't know why you're upset about

00:26:42.800 it. I said the same thing when she was like, when she was doing the...

00:26:47.920 Scooter's not the pooter.

00:26:49.280 That's what I said. I was like, you just made a bad deal and you're just taking it out.

00:26:53.760 Okay. But she's kind of recovered from it.

00:26:55.760 Yeah. Because she decided because of that, I'm not going to be just a creator anymore.

00:27:00.720 Right. An artist creator. I'm going to be a creator of my finances as well.

00:27:05.280 And that turned out pretty well for her. So maybe that little punishment in natural law,

00:27:10.480 that's why farm girls are so free because they see the natural law happening. Anyway,

00:27:16.000 different conversation you and I were having. But, you know, what do wealthy people do? Do

00:27:22.320 they make investments. They don't buy shit. Okay. They don't buy Gucci in the beginning.

00:27:28.880 They invest in Gucci and then buy all the Gucci they want. They invest in Gucci. Gucci pays them

00:27:34.320 a dividend or the stock goes up and they're like, now I can buy some Gucci. The order,

00:27:39.280 the priority of wealth is different. Poor people are like, I need to buy, I deserve, I need a car.

00:27:45.360 Okay. Wealthy people are like, how can I buy a car dealership?

00:27:49.040 you know okay you know like i don't want to buy the car i want to own the car i want to

00:27:53.200 own the car dealership and i can have a car it's just a different kind of level of thinking and

00:27:57.840 priorities so um and wealthy people are interested in money i don't care how many times they tell

00:28:05.520 you they're not i've met a lot of people that have a lot of money publicly they will say money

00:28:12.640 is not important but over a glass of wine uh we're all talking about money

00:28:22.000 and the importance of it but they'll publicly say that it's not important of course they will why

00:28:27.360 because it doesn't sound good to say it is oh okay but you're honest but money's important

00:28:34.960 money is important look life is hard without it it's hard with it and it's harder without it

00:28:41.480 I've had them both.

00:28:42.160 I've been in both situations.

00:28:44.060 You could be, you could be unhappy with money and you can be unhappy without it.

00:28:47.660 I would rather be unhappy with it because you, because you have a really crazy life

00:28:52.260 story where you, you were actually a drug or a drug addict.

00:28:56.340 And then you went from that to being a billionaire.

00:28:59.440 Like that is one of the craziest stories I've ever heard.

00:29:01.680 It is.

00:29:02.300 Yeah, that's a crazy story.

00:29:03.940 I mean, the drug addict park, you know, being a drug addict, I always say,

00:29:07.540 if you can be a drug addict, you can be a billionaire.

00:29:09.540 It's easier, by the way, to be a billionaire than it is to be a drug addict.

00:29:15.640 How?

00:29:16.680 Because being a drug addict, man, it's hard.

00:29:19.600 Like, it's terrible.

00:29:21.660 You know what it's like every day?

00:29:23.440 All day you're using drugs, I'm going to quit.

00:29:26.500 All drug addicts want to quit.

00:29:28.160 There's no drug addict that wants to be a drug addict.

00:29:30.320 So you're basically being something you don't want to be every day.

00:29:33.540 See, when he was a pilot, he wanted to be a pilot.

00:29:36.240 When you're a drug addict, you never want to...

00:29:37.700 I've never met a drug addict that wanted to be a drug addict.

00:29:40.580 So you're having to not be something all the time and then be it.

00:29:43.780 So you're constant.

00:29:44.820 It's a constant, I'm basically, I'm a quit, I'm a start, I'm a quit, I'm a start, I'm a quit.

00:29:49.500 It's terrible.

00:29:50.500 I did that for 10 years.

00:29:51.500 It was the most awful part of my life.

00:29:53.700 And a man told me once, if you can do that, you can do anything.

00:29:56.180 Wow.

00:29:57.500 How, was there a moment where you overcame it?

00:30:01.420 Well, there's certainly a place where it stopped, right?

00:30:04.260 But there was a million moments before it that got me to the place where I could finally stop.

00:30:09.300 I tried to quit drugs for nine years and seven months every day and didn't.

00:30:17.960 But one day, nine years and seven months and whatever days later, I said, today I'm going to quit.

00:30:23.600 And I did.

00:30:24.400 So I don't know if I removed all the previous times that I tried to quit and didn't.

00:30:30.560 I don't know that that last time would have kicked in.

00:30:33.200 What made the last time different? Because I've never done drugs, but I am addicted to coffee.

00:30:39.360 Yeah. So maybe I can...

00:30:42.080 No, dude, don't... Coffee's not a problem. I've never heard anybody... I'm going to kill myself

00:30:46.880 today. I had too much coffee. I wouldn't worry about it. I've never heard anybody going to

00:30:51.600 bankruptcy because of coffee or beat up their husband because of coffee. I mean, you're going

00:30:57.520 to be fine. I don't know, but I drink like pure sugar coffee.

00:31:01.840 How much coffee do you, well, sugar could be a problem.

00:31:03.980 Yeah, I know, but I like coffee that's like pure sugar.

00:31:07.040 Oh, yeah?

00:31:07.560 And so, yeah, I drink it like every day.

00:31:09.920 So I've been trying.

00:31:10.820 How much do you drink every day?

00:31:12.220 Like two cups.

00:31:13.220 Oh, my God.

00:31:15.900 What?

00:31:16.760 You know, is that a lot or a little?

00:31:18.560 How much coffee do I have a day?

00:31:20.240 Well, the sugar is the.

00:31:22.500 The sugar is the issue with her.

00:31:24.460 She's just.

00:31:25.660 How much sugar do you put in the coffee?

00:31:27.800 Four spoons.

00:31:28.820 I don't know.

00:31:29.240 I do the caramel lattes.

00:31:30.860 So whatever is in that.

00:31:31.420 Oh, yeah. You're drinking junk.

00:31:33.540 I know.

00:31:34.980 She's a YouTube hoe and a Starbucks hoe.

00:31:38.800 Yeah. So what I would tell you is this, the sugar, this is the problem, not the coffee, but the caffeine's not.

00:31:44.220 I don't think the caffeine's a problem if you're only drinking two cups.

00:31:46.580 Now, if you're drinking 25 cups a day of 25 espressos like I have.

00:31:53.580 Oh, wow. You drink a lot of it.

00:31:56.140 Yeah. That can become a problem to the organs, right?

00:31:59.420 over long periods of time, the joints and into the, what's it called when your fluids are moving?

00:32:06.220 Hydration. So you get dehydrated, right? But I think you're going to be all right,

00:32:10.220 dude. I don't think you're going to treatment. I think you're going to end up with diabetes,

00:32:13.820 but... I worry about that sometimes. No, I was just curious. I was just curious once because

00:32:22.540 I had a cousin that I grew up with that was pretty addicted to drugs. He ended up like

00:32:26.460 passing away because of it. But I saw him. That's the end.

00:32:30.060 Yeah, he was pretty old for like, he made it to 40, which I

00:32:33.660 think is 60, right? No, actually, weirdly, pretty good. He

00:32:37.740 looked preserved. Yeah, but he, he went to jail sometimes. So he

00:32:41.820 would kind of I have a lot of I have a lot of cousins. They're

00:32:44.780 not mostly not like that. But but yeah, so he but I would see

00:32:51.020 him try to quit so many times he can never do it. So I was just

00:32:55.420 curious what made the last time different for you? Yeah, I don't know. I mean, I came home from the,

00:32:59.260 I went to a treatment center. I needed, the only thing the treatment center did for me was give me

00:33:04.620 a place to go where I didn't use drugs for 28 days. The rest of it, rest of almost everything

00:33:10.540 I learned there was terrible. It was awful for me. Why? Just a lot of misinformation. You know,

00:33:17.260 you're powerless. I'm like, yeah, over what? They tell you you're powerless at a treatment center?

00:33:22.940 Yeah, you're powerless over your addiction.

00:33:25.440 Wow.

00:33:25.940 And your life's unmanageable.

00:33:27.080 I'm like, oh, yeah, it's unmanageable, bro.

00:33:28.680 You're doing drugs all day long.

00:33:29.740 Your life's unmanageable.

00:33:30.740 I mean, I didn't have to come here to fucking hear that.

00:33:33.080 So but the powerless thing was not true.

00:33:36.980 I had to make a decision not to use drugs anymore and make a really.

00:33:40.180 And then I had when I came home, I got rid of my friends.

00:33:43.500 That's what made the difference.

00:33:44.500 And then I filled up my time.

00:33:46.840 So basically, when I came home, I was like, done, I'm done.

00:33:50.000 I'm not going back.

00:33:51.000 Get rid of friends.

00:33:52.900 Like once somebody, I believe once somebody makes a decision, the next thing they have to do is get rid of something and make a decision to go someplace.

00:33:59.020 I got to make a decision to get rid of something so that I can go to that place.

00:34:04.520 Even if it's physically just move out of this chair, I have to give something up.

00:34:08.440 In this case, I had to give up my friends.

00:34:12.080 I didn't have any hobbies.

00:34:13.700 I had to give up the locations I went to, how I spent my time.

00:34:17.160 I just had to quit that.

00:34:19.480 So I told everybody, I'm done.

00:34:21.160 Don't come see me.

00:34:21.860 I'm not your friend blah blah blah and then the next thing I had to do was fill

00:34:25.820 my calendar up with something to do that was productive so did you ever have a

00:34:31.160 relapse after that wow yeah 40 years wow that's so crazy thank you that I think I

00:34:37.160 think you're saying that's a good yeah yeah yeah yeah great yeah I'm blessed

00:34:39.860 that's awesome I'm curious what do you think of the current culture and do you

00:34:46.040 think it's going in a good direction or a bad direction well I thought we

00:34:49.400 couldn't talk about all that.

00:34:51.240 What? You can talk about it?

00:34:53.720 Well, you mentioned it earlier.

00:34:55.100 Oh, the . Well, we can't say on YouTube. This is gonna be like bleep, bleep, bleep.

00:35:00.060 No, look, I think it's, I think it's, I think we're in a accelerated degeneration, if that's a word, a

00:35:09.520 escalated, accelerated pace of diminishing qualities, you know?

00:35:19.400 And it's, it's a shame. And look, I mean, you know, people are, are just got all kinds of issues

00:35:27.400 that, that, that should not be, we shouldn't be spending time talking about. Like, I don't care

00:35:32.200 what you do. You want to cut parts of your body off, but it just doesn't make any sense to me.

00:35:36.840 Yeah. And if it does, it's not a big enough of the big enough percentage of the population for

00:35:42.120 us to give attention to that. Like, let's go handle the roads, the schools, the hospitals,

00:35:47.240 the jobs the opportunities education like there's so many other things that are bigger issues to me

00:35:53.640 you know in america like you got half the population doesn't it's not even invested in

00:35:59.000 anything nothing 150 million educated people in our country and they invested in nothing zero

00:36:06.760 they have no money no investments like how can that even be possible so what and we're worried

00:36:12.760 about whether you get a you know parade month yeah i don't understand like like i don't understand

00:36:19.000 what what what the issue is yeah why do you think that people are so financially illiterate

00:36:25.320 because i don't think they're financially illiterate i think we've we've designed the wrong

00:36:29.720 or labeled the wrong thing again i think they're financially indoctrinated

00:36:35.480 you need six months of savings that your dad your dad did not create that yeah somebody else told

00:36:40.600 your dad to do that and your dad's had a limited amount of success and i'm not diminishing his

00:36:47.000 success he's had but he stopped somewhere he stopped he was going and then he decided now i

00:36:53.480 need some somebody told him i need some savings i need this retirement account i need this over here

00:36:57.480 and he stopped playing the create game and went into conservation mode he was indoctrinated

00:37:03.640 banks benefited wall street benefited retirement funds benefited all these big institutions that

00:37:10.280 that do not conserve, they only risk.

00:37:14.160 And so it's been an indoctrination, education system,

00:37:18.160 the healthcare system, the food system,

00:37:20.940 breakfast is the most important meal of the day.

00:37:23.360 When's the last time you had breakfast?

00:37:26.400 14 months ago.

00:37:27.280 Yeah, he's fine.

00:37:28.820 I don't, I fast until four.

00:37:30.820 Yeah, so that is his break fest.

00:37:35.140 He fasts, you know, that's where that came from.

00:37:37.580 Breakfast, you're like,

00:37:39.320 Why are you talking about breakfast? We're talking about money because it's an indoctrination. You

00:37:43.000 need to eat breakfast. You need eggs in the morning. You need milk. Milk is good for your

00:37:48.200 bones. No, that's bullshit. You were not illiterate about milk. You were indoctrinated with a lie

00:37:53.800 that milk is good for your bones. You never needed milk for your bones. You needed your

00:37:58.040 mother's milk, but you never needed milk to build bones. The milk that we have in America,

00:38:04.200 21 countries have banned the milk that we drink there.

00:38:06.760 Really?

00:38:07.760 Yeah.

00:38:08.760 So there was a time when cigarettes were good for you.

00:38:10.800 Women should smoke cigarettes.

00:38:11.800 But don't you think...

00:38:12.800 Sometimes I think cigarettes are good for you.

00:38:14.800 Yeah.

00:38:15.800 I think they are too.

00:38:16.800 When I'm having a couple of, you know, a couple of vodkas and some cranberry or...

00:38:22.800 I'm like, God damn, we need a cigarette.

00:38:25.240 That night that you and I and the two military guys and Elena played poker, we were playing

00:38:31.540 shooter's poker.

00:38:33.660 If you win the hand, you got to take a shot.

00:38:36.420 So these two military guys I had with me, they didn't understand the game, okay?

00:38:41.820 You win the hand, you got to take a shot.

00:38:44.180 So the two military guys won every hand.

00:38:46.560 They're like, God damn, this is the luckiest I've ever been.

00:38:48.600 I'm like, yeah, bro, because we're folding to you.

00:38:51.440 So you take a shot, right?

00:38:53.200 I didn't want to win.

00:38:54.200 I didn't want to take a shot.

00:38:55.200 Anyway, everybody ends up wiped out.

00:38:56.600 Ryan even got so drunk and Ryan never drinks.

00:38:59.140 He was smoking cigarettes, okay, off topic.

00:39:03.300 We have been indoctrinated by the education system and by the food system and by the financial

00:39:09.420 system what to do.

00:39:12.240 Programmed, save your money, get a retirement account, buy a house or is programming to

00:39:20.060 keep people poor.

00:39:23.060 None of those things are good for you.

00:39:24.800 The house, the savings or the retirement account.

00:39:29.200 Your dad would disagree with me.

00:39:30.540 Well, my dad, he does Airbnb. Do you like Airbnbs?

00:39:34.220 Not really.

00:39:34.860 Oh, really? That's how my, my dad has like eight of them or something.

00:39:38.540 No, that's good. That's awesome.

00:39:39.800 I don't like them compared to what I do is what all I'm saying.

00:39:42.880 Oh, yours is better. That's like the.

00:39:44.560 I just don't like Airbnb because I think the Airbnb is going to be very much like your YouTube channel.

00:39:49.800 Oh, they're going to call your dad one day and say, Hey, the hotels got together.

00:39:54.140 What city is he in? Chicago?

00:39:57.020 Oh, my dad.

00:39:58.540 Yeah. Where does he live?

00:39:59.180 Oh, it's in Chicago, but the Airbnbs are like all over.

00:40:03.020 Where? You know, where are you investing?

00:40:04.620 One's in Florida.

00:40:05.980 Okay. So whatever, let's say he's pretend he's in Orlando.

00:40:09.900 One day the hotels in Orlando are going to get together and say,

00:40:12.540 Hey, we need to ban our Airbnbs. They're competing with our hotel rooms.

00:40:16.140 I've said this for four years now. It's already happened in New York,

00:40:19.820 happened in Nashville.

00:40:20.860 The prices have all gone up. I've seen it.

00:40:22.860 Of the Airbnb?

00:40:24.140 Yeah. I've just noticed all the price, like when I do Airbnb,

00:40:26.940 like when I get one, the prices are way higher than like three years ago.

00:40:30.700 Yeah. Yeah. Okay. So, but I don't know how that helped, that could, that could help your dad.

00:40:36.620 Oh, yes. That'd be beneficial to your dad. Yeah.

00:40:39.260 Yeah. That's good for your dad. But until the hotels come up and say,

00:40:43.660 no more Airbnb, how many times have you seen it happen?

00:40:46.860 Numerous times. Yeah. So New York City, you cannot do Airbnb in New York City.

00:40:50.620 No way. Yeah. Killed, killed the entire market in one day.

00:40:53.740 So anybody that bought last year a property with a pro forma suggesting it's going to Airbnb perform,

00:41:02.380 meaning I'm going to get 600 bucks a night rather than 1200 bucks a month. That guy is going to

00:41:08.620 bust out on that deal. Hopefully that never happens to her dad. Oh, I'll tell him. I'll tell

00:41:14.620 him after this interview. Because you mentioned the education system. You homeschooled your kids,

00:41:21.340 right? We're still homeschooling. How do you guys do that yourself or do you bring in like tutors?

00:41:26.220 We bring in tutors. Okay. And us. Have you found that it's better than the public schools?

00:41:32.060 Well, I think it's better for them or I wouldn't be doing it. Yeah. I mean, I can't publicly say

00:41:36.700 we're killing, damaging our children. Yeah. So I have to believe that it's better for them. Yeah.

00:41:42.940 Just to get them away from Ryan. Imagine this guy as a 12 or 14 year old. Okay. Do you really

00:41:50.620 Do you really want your children around him?

00:41:52.620 Definitely not.

00:41:53.620 Definitely not.

00:41:54.620 No, I agree with you on like the indoctrination in the school system.

00:41:58.620 It's crazy.

00:41:59.620 It's crazy, dude.

00:42:00.620 My sister, I have two conservative parents and I fixed her.

00:42:03.620 I like indoctrinated her, but she was...

00:42:05.620 Yeah, I went home and I was like, yeah, we're not doing this anymore.

00:42:10.620 But she was super liberal when she graduated high school.

00:42:14.620 And both of my parents are super conservative.

00:42:16.620 But it's like when you have liberal...

00:42:18.620 world. Even this was Catholic school too. There's still super liberal teachers in there.

00:42:22.860 100%. You know, and you got people in the... You got teachers that are resentful. You got

00:42:28.360 teachers in there that feel like, you know, I can't ever get ahead. Well, of course, of

00:42:34.280 course you're gonna, you're gonna start... It's gonna start bleeding over into your instruction.

00:42:39.700 You know, that like, it's not fair. The system's not fair. Yeah. I told my kids from the very

00:42:44.280 get go ain't fair okay will be the theme of your life it is never fair and to think that somebody's

00:42:52.200 going to make it fair tomorrow is unfair to the kid because it's never going to be fair

00:42:58.280 so you get fair and and you get you can get above fair if you want to

00:43:03.240 but we took them out of the school system because one we wanted to be with them

00:43:07.160 and number two because we want we didn't want them to be with them

00:43:09.800 I didn't want to be, I didn't want to be around, Ryan would have been a good kid for my kids to

00:43:15.080 been around, but the next two Ryans are TikTok Ryan and Instagram Ryan and YouTube Looney.

00:43:26.240 Like, I don't need my kids around that kind of wackiness.

00:43:32.760 Like, even when my kids go out with other kids today, they'll come home and I'll be like,

00:43:36.360 hey, Sabrina, which one of your four friends is the most ethical? And she'll answer. And I say,

00:43:42.600 which one's the least ethical? And she'll answer. Sabrina. And so what she's doing is she's starting

00:43:49.800 to like, hey, which one's going to be the most trouble? Which one would cause the least amount

00:43:54.520 of trouble? Okay? Which one provides you with the most, gives you more than takes? Like, and she's

00:44:02.120 starting to analyze these kids i can't really do that when she's in a school with 28 other idiots

00:44:08.600 and we were all idiots i'm talking about myself like i'm not yeah i was an idiot and when i was

00:44:14.040 15 years old you should not be around me when i was 18 you should like not even be in the same

00:44:20.200 classroom with me when i was 23 you should not let be on the same like literally stay 300 400

00:44:27.080 yards away from me because I'm trouble. And that's true about a

00:44:30.200 lot of kids in the system.

00:44:32.280 Is Sabrina that's your older daughter that I was so impressed

00:44:35.960 with her. She seems like such a nice young woman. Yeah, thank

00:44:40.200 you. I've seen she recently went viral. She went viral on your

00:44:46.360 page, right? It was no it was the one you did. I don't know.

00:44:52.340 Yeah, it was like 100 million views or the take off at Tampa.

00:44:56.600 Yeah, I did. I did a takeoff video, but got like 30 million views on it.

00:45:00.040 Oh, wow.

00:45:00.640 But Sabrina did that call.

00:45:01.680 No call with no call to action with no.

00:45:04.920 You got a hundred million views and no call to action.

00:45:08.160 Wow.

00:45:08.560 We feel the same.

00:45:09.120 Seems like a shame.

00:45:09.800 We feel that we feel the same right now.

00:45:11.200 You know, there's no revenue coming up.

00:45:14.320 But Sabrina, she went viral on your page, right?

00:45:17.080 I don't know where she went.

00:45:18.280 I was just so impressed.

00:45:20.960 I was just so impressed.

00:45:22.480 You see this shot?

00:45:23.640 Yeah, it's nice.

00:45:24.680 It's awesome.

00:45:26.160 Your producers, what's your producer's name?

00:45:28.080 His name is Blessing.

00:45:29.220 Blessing, bro.

00:45:29.800 You're a blessing, bro.

00:45:31.640 Bro, you rock, dog.

00:45:33.820 Like, you're running all this remote right now?

00:45:36.080 Thank you.

00:45:37.140 You're running all this on a remote?

00:45:38.820 Yeah.

00:45:39.400 Switch to a straight shot of me right now.

00:45:43.580 I want to see you do that.

00:45:45.240 It looks like George Clooney.

00:45:47.000 Ridiculous, man.

00:45:48.300 Yeah, why do we have all these people in my studio?

00:45:50.860 You guys can use it when you're here.

00:45:53.260 No, I mean, this is the way to have something set up, man, back and forth, you know?

00:46:00.620 Okay.

00:46:01.040 I'm sorry to interrupt.

00:46:01.740 No, it's okay.

00:46:02.380 You're okay.

00:46:03.180 All right.

00:46:04.520 What are we talking about, Ryan?

00:46:05.660 Oh, yeah.

00:46:05.960 No, no.

00:46:06.300 We know it's Sabrina.

00:46:07.440 Yeah, Sabrina.

00:46:07.940 Oh, no.

00:46:08.340 I was just so impressed.

00:46:09.500 She seems like such a nice young lady.

00:46:12.380 Like I was just, especially with like the culture going the way it is.

00:46:15.900 I'm always so impressed now when I see just like a well-behaved young woman.

00:46:21.120 I'll take credit for that.

00:46:22.060 I'm a good father.

00:46:22.640 Well, she called you the other day and said what on the Instagram?

00:46:26.460 She did a video.

00:46:29.400 She did a video about somebody asked her, do you have a financial plan?

00:46:34.820 And she says, yes, I have a plan to be a millionaire by the time I'm 18, 21 or 20.

00:46:41.820 And oh, yeah, how are you going to do that?

00:46:44.580 And she's like, well, my father gives me a salary to work at his company.

00:46:50.140 and i take that money and i invest in cardone capital and i have no money now and then the

00:46:56.760 next year i get another salary and i invest that money in cardone capital and i have no money again

00:47:00.840 but i have a the dividend or the income from it but i'm never spending my capital she goes through

00:47:06.020 this whole thing she's been doing this since she was six years old that's so cute okay she's on a

00:47:10.640 salary she works for my company i write her off by the way she's a writer okay okay and um i give

00:47:18.940 her money to work at the company. She has a contract. So she's learned about business when

00:47:22.740 she's six, seven, eight, nine, 10, 11, 12 years old. They don't teach you this in school. She

00:47:27.880 earns the money. She invests the money in Cardone Capital. Cardone Capital pays her every month

00:47:31.600 because she invested in it with her money that I paid her to work for me. She fulfilled the

00:47:36.780 contract. And then she looks up in 10 years based on her math, she's going to be close to a million

00:47:42.500 dollar, have a net worth of a million dollars. Well, the internet went nuts. People started

00:47:47.820 hating on her. Most of it was driven by negativity and criticism, haters and click baiters. Oh,

00:47:53.540 yeah, your daddy's rich. That's why you're rich. That's not true. She's going to be rich, but she

00:47:57.320 worked for me, earned some money and invested the money. She started investing when you were six

00:48:01.980 and some of you guys out there are 36 and still haven't made an investment.

00:48:06.220 Yeah. Well, she's going to be successful because she's smart and you raised her.

00:48:11.400 You know, so a lot of people will attribute it, especially with like kids with like wealthy

00:48:15.960 parents, they'll attribute it just to like being like a handout type of thing.

00:48:20.720 So that seemed to be why they were triggered.

00:48:22.720 But I was like, you can tell that this girl's talking, she's talking about stuff I don't

00:48:25.700 even understand.

00:48:26.700 Look, I provided these kids with a great place to live.

00:48:29.220 I provided them with, they've never wanted for anything.

00:48:32.180 Is that a handout?

00:48:33.180 No, not really.

00:48:34.180 They fly on my plane because I wanted them to go with me.

00:48:37.200 That's not a handout.

00:48:39.280 That was them flying on the plane with me.

00:48:41.220 Now when we go on a trip, do you give your kids handout?

00:48:44.020 Yeah.

00:48:45.020 to the Marriott, shared one room, had breakfast for free that morning. Okay. Was that a handout

00:48:50.300 to your kids? Sure. You sent your kids to school. Was that a handout? Yes, I guess it was. You

00:48:53.580 bought them a bicycle. Was that a handout? Yeah. I did all those things too. I've done,

00:48:58.300 if that's a handout, but I'm not giving my kids money. I'm giving my kids an opportunity

00:49:04.060 and they could screw it up. And if they do, shame on them. It'll be on them to look at,

00:49:08.700 oh, dang, man, I could have done, look what I could have done. I didn't. So, you know,

00:49:16.540 she's, what she'd said to people is this, at least I had a, I have a plan.

00:49:20.860 Yeah.

00:49:21.980 And that's her response to the haters.

00:49:23.900 Yeah. Well, I mean, you can tell that she, you can tell she's a smart kid. You can tell.

00:49:27.980 Well, you never know, you know, you never know on the internet.

00:49:31.020 Yeah.

00:49:32.140 Have you seen that picture going around of JLo?

00:49:34.380 No.

00:49:35.380 And it says Instagram J-Lo versus the real reality.

00:49:40.000 There's a lot of fake going on on the internet.

00:49:41.840 Yeah, that's true.

00:49:42.840 So you don't really know if my kid's a good kid.

00:49:44.940 That just might've been one video.

00:49:46.440 Yeah, but I do this a lot.

00:49:48.440 She's a little crim-crim.

00:49:49.440 No, I mean, but you can start to tell.

00:49:51.800 I do this a lot.

00:49:52.800 I react to a lot of people online.

00:49:55.280 So you can kind of start to see who's genuine, even before you meet them, it's weird.

00:49:59.660 You can start to tell just who's genuine and who it's like a show.

00:50:03.880 Yep.

00:50:04.880 Yeah.

00:50:05.880 I don't know.

00:50:06.880 It's just a gut feeling for me.

00:50:07.880 Yeah.

00:50:08.880 Am I the same person you thought you'd say?

00:50:09.880 Yeah.

00:50:10.880 You remind me, the way you talk reminds me a lot of my dad, actually.

00:50:12.880 Oh, wow.

00:50:13.880 That's cool.

00:50:14.880 You got daddy issues.

00:50:15.880 No, no.

00:50:16.880 My dad's great.

00:50:17.880 No, no, no.

00:50:18.880 Okay.

00:50:19.880 No, not the finance stuff, but you guys kind of think similar in a way.

00:50:25.880 Curious.

00:50:26.880 People wanted me to ask you if you know who Andrew Tate is.

00:50:30.880 Yes, of course.

00:50:31.880 And what your thoughts are on Andrew Tate.

00:50:33.880 I love the Tate brothers.

00:50:34.880 Okay.

00:50:35.880 Love.

00:50:36.880 Absolutely love them.

00:50:37.880 Have you met them before?

00:50:38.880 I have not.

00:50:39.880 Okay.

00:50:40.880 I would love to see a podcast between the two of you.

00:50:41.880 Yeah.

00:50:42.880 I don't think it'd be that interesting.

00:50:43.880 Cause it'd be like, yeah, I'm with you.

00:50:45.880 Um, I think they were misunderstood about some of the women videos.

00:50:49.880 My kids hate the Tates.

00:50:51.880 Interesting.

00:50:52.880 Your kids don't like it.

00:50:53.880 Cause I said, guys, you saw the wrong videos.

00:50:55.880 Trust me.

00:50:56.880 Yeah.

00:50:57.880 You would not, you would not not like these guys.

00:50:59.880 Okay.

00:51:00.880 And now, now, that being said, I don't need six passports.

00:51:08.260 Okay.

00:51:09.520 Anybody needs six passports is worried about something that they're doing.

00:51:13.840 Like, I think those guys knew that there was something going to happen.

00:51:16.900 Yeah.

00:51:17.260 You know, I don't know.

00:51:17.800 I've never met them.

00:51:19.040 They seem like at least free thinkers to me.

00:51:21.860 They're definitely, if there was a hundred guys in a room, I would trust them to hang

00:51:26.460 in a fight longer with me than 97 other guys. Because most guys are going to roll out like

00:51:34.060 little bitches and they're going to run as fast as they can to the door. I can't, man. I got family.

00:51:41.280 I can't, man. I got this. I can't. They're going to run. I think those guys would hang it and twist

00:51:46.360 it out yeah i'm also curious your thoughts on you've been married 20 years so i'm curious your

00:51:56.840 thoughts on if you think because you're in a unique position where you've been married 20 years but

00:52:04.440 i'm sure you've seen some of the stuff that's coming online where you know men are getting

00:52:08.760 wrecked in divorce court that sort of thing so do you i would not want that to happen to me

00:52:13.960 Well, not you, but do you think marriage is a good idea for young men?

00:52:18.400 No.

00:52:20.160 No, they're not.

00:52:21.180 Okay, why?

00:52:21.880 I think young men should learn how to become men.

00:52:26.460 And you need to get some experience and wisdom.

00:52:29.340 I don't think young men should be marrying anyone.

00:52:31.440 I think young men should become wise men before they marry.

00:52:37.600 and they should become experienced men and they should become dependable men not young men and i

00:52:44.620 don't think you can be young and dependable and wise and experienced i think you need time i know

00:52:50.680 i did yeah how old are you how old are you grant when you got 45 oh hi yeah i didn't have kids

00:52:57.020 until i was 50 and i i think that that attributes to me being a a better father and my kids have we

00:53:05.640 have fun together, but there's a nice balance between fun,

00:53:08.700 responsibility, accountability, availability. And so I would

00:53:13.380 tell young people, Matt, first of all, you guys shouldn't look for

00:53:16.360 you shouldn't look to get married, you shouldn't even look

00:53:18.480 to get laid. You should leave women alone early on. Okay,

00:53:23.700 leave them alone, you have nothing to offer. Not most young

00:53:28.320 men have nothing to offer a woman. Not even in the form of

00:53:33.720 pleasure. When when do you think men should start looking at

00:53:37.980 that?

00:53:39.960 What part? The real relationship or real or just the fun? I

00:53:45.900 guess when should they start looking for fun? And when should

00:53:48.240 they start looking? You should be look, you should be so busy

00:53:50.380 looking for accomplishment, and confidence. And confidence comes

00:53:54.540 through accomplishment. You know, you can't you don't you

00:53:57.100 don't create confidence because you you did something and it

00:53:59.540 didn't work. You create confidence when you do

00:54:02.880 something and it did work like the confidence requires you to move up a hill it can't you can't

00:54:08.700 stay flat and become confident right because you're just going to become like if you played a

00:54:14.800 game whatever the game is and you keep doing the same level over and over and over again winning

00:54:18.740 you're not you don't get confidence doing the same level right you do confidence when you win the next

00:54:22.460 level and then the next one and the next one and then the next one the next one the next thing you

00:54:26.180 know shit i'm good at this shit right and then you start getting like god dang i'm good and bang

00:54:30.400 next level hits you. And you're like, Okay, I'm not going to quit. I can get better. That's what

00:54:34.240 builds this force. And then when a man's confident, he can get married. When he's confident in

00:54:41.040 himself. Otherwise, he's going to look to a woman. Yeah. And what made your wife different than the

00:54:49.040 other women that I'm sure were interested? Well, golly, man, a lot of things made her different.

00:54:54.640 You know, it's a good question. You know, Elena is a lot of fun. She's very different for me in

00:55:03.760 many ways, right? And similar in some ways. She's a go-getter. She's very motivated. We have a big

00:55:13.600 spiritual interest connection, evolvement-wise. She was not ready for a relationship when I met

00:55:23.040 her. I was. She wasn't. Okay. And she wanted nothing to do with being dependent upon a man.

00:55:32.020 Okay. Nothing. Like it was to that. What was she doing? She was an actress in LA. Okay. So she was,

00:55:39.680 you know, independent, doing her own thing. The men she had been with were pussies.

00:55:45.300 She had never, she'd never been with a real guy, like a real man. Okay. And, and she had never

00:55:51.120 been with a provider. That was part of her problem, by the way. She didn't want a provider.

00:55:57.320 She wanted to be that. That was her issue. I'm taking care of myself. Nobody's taking

00:56:01.900 care of themselves. You know, this is a joint, it's a game, right, of people working together.

00:56:06.800 So, but, you know, she was very similar to me in a lot of ways and dissimilar in a lot

00:56:13.340 of ways, but dude, it's been a cool ride. I never want to end up in a divorce court

00:56:18.300 because it'd be nasty.

00:56:20.420 Yeah.

00:56:21.220 I was just curious because I think young men will watch this

00:56:24.920 and just wonder like what they should select for when it comes to a wife.

00:56:28.680 Yeah, you should select for a better version of you.

00:56:30.860 Okay.

00:56:31.400 You guys need to quit looking for a better chick

00:56:33.940 and become a better version of yourself.

00:56:37.440 One that you are attracted to.

00:56:39.720 Like I'm attracted to myself most of the time.

00:56:42.240 I'm like, I dig the guy that I've become, you know,

00:56:45.760 and that's the most important person you need to become attractive to and then and then the other

00:56:50.700 people will become attractive now I'm not I'm not attractive to myself all the time because

00:56:55.120 you know a lot of time I'm doing stuff that I don't know how to do or I'm not winning at it

00:57:00.740 I'm like I don't like that version of me or that part of my body breaks yeah you know I broke my

00:57:05.480 shoulder a year ago and I'm like I did not like that you know not that my body was broke but that

00:57:10.560 my, I can't use my arm and I'm going into atrophy and I don't

00:57:14.080 like this decline. And I don't like that. So, but I would just

00:57:19.080 tell people, man, you got to become a better version, a

00:57:21.040 great version, a phenomenal version of yourself. So when you

00:57:23.680 look in your mirror, you're like, dude, I like me. And then you

00:57:29.160 will find the right woman, the whatever that is. Yeah. You

00:57:33.760 know, do you think men should get prenups?

00:57:36.600 Interesting. If I was, if I was getting married today, I would absolutely get a prenup. 1000%.

00:57:42.520 I don't have a prenup in my current marriage. Oh, wow. But I would get one. Where I'm at today,

00:57:48.120 I would definitely get a prenup just because the way the system is built today. Yeah. And the way

00:57:53.000 culture has changed in a way the courts are today, as opposed to where they were 20 or 30 years ago.

00:57:59.000 Well, your daughters have prenups. Will they? Yeah. Would you advise that?

00:58:03.400 100% guaranteed. 100. Yeah. And I'll negotiate it.

00:58:13.960 Because they're going to be such high earners.

00:58:16.920 Nobody. Nope. Nobody. Nobody is going to, you know.

00:58:20.440 Do you think, well, they have to, would you want...

00:58:22.680 Because look, why wouldn't you sign a prenup anyway?

00:58:25.400 Yeah, I would.

00:58:26.280 Oh, well, well, you're just going to predict that we're going to get divorced anyway. Okay.

00:58:30.440 All right. Well, why are you worried about that? All right. I'm not thinking about it. Just sign

00:58:33.560 the prenup, dude. Okay. You came in here with X. You're going to leave with X and Y if it lasts

00:58:39.640 this long. Okay. Why do you need there not to be a prenup? Why do you not want one? Well, because,

00:58:45.720 you know, we're going to live forever together. We're going to be together forever. Then sign

00:58:49.000 the fucking prenup. Okay. Well, you're not in for the money, are you? No. Go to sign the

00:58:53.400 fucking prenup. That is simple. Right. Like, unless there's Sabrina right there. Okay.

00:58:58.440 Okay. What's up champ? I got one of your fans here. Oh, seriously? Yeah. Huh? Oh my God. I can't tell you. Oh, okay. Can I call you back though? What? Can I call you back? Yes, you can. How's your day going? Hey, a lot of people in London are hating on you for saying you're going to be a millionaire. What's your response to them?

00:59:28.440 What's my take on that?

00:59:32.640 I said a lot of people in London are hating on you for saying you're going to become a

00:59:36.340 millionaire.

00:59:37.340 Yeah.

00:59:38.340 What's your response to them?

00:59:40.340 I mean, at least I got a plan.

00:59:42.340 At least I got a plan.

00:59:44.340 That's right.

00:59:45.340 Bye.

00:59:46.340 I'll call you back, Sabrina.

00:59:47.340 How old is she?

00:59:48.340 Fourteen.

00:59:49.340 That's so...

00:59:50.340 She's so mature for 14.

00:59:52.340 At least I got a plan?

00:59:54.340 Yeah.

00:59:55.340 I'm curious.

00:59:57.340 Do you think that'll, like, what kind of guy would you want her to date?

01:00:04.080 That's a great question.

01:00:05.360 Wow, that is a great question.

01:00:06.440 Huh?

01:00:07.120 Yeah, well, because I'm thinking she's going to be such a high earner.

01:00:10.460 Yeah.

01:00:10.740 It's, that's probably going to be a small percentage of men that I'll earn her.

01:00:14.660 I mean, I think, I hope she doesn't see this, but I would want it to be someone older than

01:00:20.920 her.

01:00:21.520 Okay.

01:00:22.100 Interesting.

01:00:22.320 You know, 10 or 15 years.

01:00:25.380 This is a wish list.

01:00:26.260 She doesn't have to do this right, but more mature, been through the, you know, the hunting, the stupid days.

01:00:38.540 So if she was 25, let's say he would be 40.

01:00:42.780 He would be an earner.

01:00:44.660 He would be a provider already.

01:00:47.020 He would be a, you know, shit, he'd be a, he'd be, he, he, he, he is, he has 15 or 20 years of being respectful with money.

01:00:57.940 He respects his mother.

01:00:59.100 He respects his property.

01:01:00.740 There's order in his environment.

01:01:03.160 There, there's not stuff in all over the place.

01:01:05.300 There's no open cycles, unfinished cycles.

01:01:11.560 You know, it's a good manifestation.

01:01:13.820 That's, that's, that's, that's good.

01:01:15.360 You know, he takes care of his body.

01:01:17.360 Yeah.

01:01:19.280 I think that's wise.

01:01:20.480 Like the 10 to 15 years, I find that, I think that's a better age gap, especially,

01:01:29.200 I don't know.

01:01:29.600 I find it's better 10 to 15 years because they just have a bit more life experience.

01:01:34.240 Yeah.

01:01:34.560 And women are more mature, you know, than men are.

01:01:37.440 I don't think so.

01:01:38.560 You don't think so?

01:01:39.200 No, I don't think so at all.

01:01:40.160 I don't, I've interviewed a thousand women and I just, I came to the opposite conclusion.

01:01:46.040 Oh, really?

01:01:47.040 Yeah.

01:01:48.040 You did, huh?

01:01:49.040 Oh yeah, no.

01:01:50.040 Yeah.

01:01:51.040 I think women are like...

01:01:52.040 Yeah.

01:01:53.040 Now that you say that, I'm thinking about the thousand women I've been with.

01:01:54.040 You're like, no, you're right.

01:01:55.040 I'm like, I find...

01:01:56.040 Most of them are pretty stupid.

01:01:59.040 I'm serious.

01:02:00.040 Like, like, like, like, what do you, what do you want here?

01:02:03.560 Right.

01:02:04.560 Oh, I want to be happy.

01:02:05.560 What, I don't...

01:02:06.560 What does that even mean?

01:02:07.560 Right.

01:02:08.560 I want to travel the world. How are you going to do that? There's no connection with like,

01:02:13.440 but how? Well, we own all the debt. I mean, we're a net tax loss. Women are? Yeah. You guys will

01:02:22.060 inherit all the wealth. Oh yeah. Through divorce? Death. Oh, that too. But you won't know what to

01:02:31.080 with it, unfortunately. 80% of all women's assets are in cash, sitting in a bank in cash,

01:02:39.480 uninvested. Because you don't trust either yourself or others.

01:02:45.080 That's true. That's true. I literally give my dad my money. I just don't care. I'll let him do it.

01:02:51.480 Do you date older or younger?

01:02:53.000 Older. Yeah.

01:02:54.280 No, that's really... Guys don't say that a lot, the 10 to 15 year age graph, but I think

01:03:03.880 that's true. But no, I don't think women are more mature. That's...

01:03:07.280 I've interviewed a thousand.

01:03:08.280 I'm never going to say it again. You have demontified, debunked. I feel like I'm in

01:03:15.280 front of Alex Jones or something.

01:03:16.280 You could be.

01:03:17.280 I used to believe that too. That was so true when it came out of your mouth, by the way,

01:03:20.700 You were so certain of it.

01:03:21.700 No, I'm positive.

01:03:22.700 I've interviewed 1,000 women.

01:03:23.700 That is not true.

01:03:24.700 No.

01:03:25.700 Okay.

01:03:26.700 Because what happened was men were complaining about dating and I didn't understand why they

01:03:31.260 were complaining.

01:03:32.580 And so then I interviewed 1,000 women and I was like, men have the patience of saints.

01:03:37.560 And I just had a completely different point of view.

01:03:40.900 And that was one of them.

01:03:41.900 So we're not mature.

01:03:42.900 We're less.

01:03:43.900 You have to go at six, right?

01:03:46.900 Okay.

01:03:47.900 Right?

01:03:48.900 Yep.

01:03:49.900 I don't want to keep you guys too long. It's 540. You want to?

01:03:54.040 Yeah. Okay. Okay. Um, like you're good. You can stay or you're

01:03:59.200 good. Six. Yeah, we should wrap. Okay. That's what I thought.

01:04:02.620 Okay. Okay. Um, this has been awesome, by the way. Yeah, no,

01:04:07.420 I had so much. It's been different. It's just different.

01:04:09.520 It's totally different vibe. Totally. Like I've done a lot of

01:04:11.780 these. You got a great, you're a great interviewer.

01:04:14.740 Oh, thank you so much. I try to, I try to think of questions

01:04:19.400 other people wouldn't ask you because I've noticed people always ask you the

01:04:23.440 money stuff. And that's good for a little bit, but...

01:04:26.600 Yeah, it is. And it's, oh, what's the one thing? What's the one piece of advice?

01:04:30.300 I'm like, there's not one piece of advice. Like, it's not, there's not a thing.

01:04:35.540 Well, I'll work on diversifying my...

01:04:37.500 You do awesome. You do awesome. You just keep doing what you're doing.

01:04:41.800 Well, but with diversifying that, the income, right?

01:04:46.960 Oh yeah. You definitely need...

01:04:48.600 You need more. Well, you need to diversify the income, not the investments.

01:04:52.280 Yeah. Right.

01:04:53.600 You don't want you want to put everything.

01:04:56.280 Once you find something to invest in, you put all of it in that one thing.

01:05:00.160 Oh, wait, I have one more finance question.

01:05:02.160 Should I buy this penthouse or no?

01:05:04.040 No, no. Oh, no. Don't touch it.

01:05:05.480 OK.

01:05:07.000 You said it so fast. Yeah, don't.

01:05:08.840 OK. OK, well, you're back to one one door, one flow.

01:05:13.280 Huh? You're back to one thing.

01:05:15.360 Oh, OK. OK.

01:05:16.480 Yeah. Meaning that it's you're paying for it. So like if you bought this penthouse, you're paying each month versus like a different real estate deal that has 10 doors or 20 doors. You have 20 people paying you each month. That's what he does. Okay. Thank you. Because I didn't understand. Okay. Well, where can the people find you? What's the best place?

01:05:38.260 Well, they can find me right here.

01:05:40.540 Well.

01:05:41.040 I'm here right now with you.

01:05:43.020 Okay, well.

01:05:43.560 Why would they want to find me some other place?

01:05:45.420 Okay, well, I think you guys can Google Grant Cardone.

01:05:49.740 There you go.

01:05:50.140 That's the other way to do it.

01:05:52.180 Do you want to put in your socials?

01:05:53.820 Yeah, man.

01:05:54.380 Come on, man.

01:05:54.820 Get yourself a tag.

01:05:55.680 Sure.

01:05:56.960 It's Ryan Seco.

01:05:58.700 So R-Y-A-N-T-S-E-K-O.

01:06:02.400 Well, thank you guys.

01:06:04.600 Or CardoneCapital.com.

01:06:06.920 Oh, man.

01:06:07.560 I just want to say what we're doing at Cardone Capital, okay? Nobody knows this. We are building,

01:06:14.760 we're in London right now, bringing to London and around the world. We are going to build

01:06:21.240 the largest real estate portfolio in the world and do it with regular people like you.

01:06:27.880 This has never been done before scale. Scale meaning at this size, right? Because typically

01:06:33.080 what happens with people that buy the kind of real estate that deal I'm negotiating. It's $130

01:06:37.920 million. It's in Miami, Florida. The location's great. Institutional quality. Typically, a big

01:06:44.660 institution, UBS, would buy it. These are big, massive names, okay? These are trillion-dollar

01:06:53.580 organizations that buy most of the great assets in the world controlled by machines, like big,

01:06:59.620 giant institutions so what we're doing is we're buying those things that they buy but we're doing

01:07:04.820 it with regular everyday people families around the world that want to be invested in real estate

01:07:10.980 but like you want to buy this penthouse because you can i would say no no no take your money and

01:07:15.780 invest it with me in that miami deal it'll pay you cash flow and you can pay them rent okay with the

01:07:22.420 cash flow from that deal and so that's what we're doing to really take on the institutions and the

01:07:27.300 banks and to level the playing field for the average investor so that regular everyday people

01:07:32.440 around the world can start getting a piece of these institutional quality trophy assets.

01:07:39.100 Because they get better. The bigger you go, the better they get. You know, when I was a pilot,

01:07:44.340 I was buying four units. Well, I was a manager. And then when I did my first investment of,

01:07:49.920 you know, 800 units, you realize like, man, I no longer have to manage the properties anymore.

01:07:55.360 So that's why we're here. So we're actually here negotiating the insurance policies and programs for all of our units.

01:08:02.560 We're up to 13,000 units right now. Our target in the next 24 months is 24,000.

01:08:07.560 And so we're doing that. And the bigger that we get, the more efficiencies we have.

01:08:12.420 And this deal just gets better the more people we have investing with us.

01:08:17.520 So this would be a perfect fit for you.

01:08:19.400 How much money do you have?

01:08:20.640 How liquid are you?

01:08:21.480 How much cash do you have right now?

01:08:23.440 Let's turn the camera. Oh, gosh, not a lot. I'm running out. I'm running out. Not a lot.

01:08:31.180 How much is not a lot? Less, like, now less than a million, I'd say.

01:08:37.440 Dude, that's awesome. Are you serious? Well, no, it's like a lot less, but.

01:08:43.400 She's like, less than a million dollars. Can I show you? I just don't, I don't like people,

01:08:47.400 Yeah, sure.

01:08:48.400 But I'll show you.

01:08:49.400 Okay.

01:08:50.400 Okay.

01:08:51.400 Like, cause I just, people are weird about money.

01:08:53.400 Yeah.

01:08:54.400 Yeah.

01:08:55.400 Yeah.

01:08:56.400 This is going to be even better though that you're going to show me, not tell me.

01:08:57.400 One time someone saw how much I was making and then they robbed me and I just can't do

01:09:01.400 that.

01:09:02.400 Oh, wow.

01:09:03.400 Really?

01:09:04.400 Wow.

01:09:05.400 Yeah.

01:09:06.400 They wouldn't have robbed you if you didn't have any money.

01:09:07.400 Well, they thought I was making more than I was cause they didn't understand expenses.

01:09:09.400 Okay.

01:09:10.400 Well, that's great.

01:09:11.400 Yeah.

01:09:12.400 You're 28 years old.

01:09:13.400 You have that much money already?

01:09:14.400 Yeah.

01:09:15.400 Wow.

01:09:16.400 Where do you live?

01:09:17.400 would do is you would take that money you would invest it in a company in an investment like

01:09:22.440 what we do yeah we would be partners on a deal you now have no money but you have the income from

01:09:29.640 that investment monthly well how would i pay them no no then you would create on this with sponsors

01:09:37.560 and and and um and google revenue you you don't pay them out of your in out of money you already

01:09:45.400 have. You pay them out of money that is produced. Because if you go through all that money, bro,

01:09:52.520 you're back to broke. And you're going to end up broke with no money and no assets.

01:09:58.040 And then you're going to have to keep working anyway. What you would do is you keep working,

01:10:01.720 take that money, invest in this asset. Now the asset's working for you and you're still working.

01:10:09.320 And you're going to be broke all the time until this asset over here keeps getting you better

01:10:13.160 and better you keep investing more more this income in these assets you just keep doing this

01:10:18.440 left hand to right hand right hand invest in this asset when this hand can't do any more work these

01:10:23.800 assets take care of you okay i kind of get it yeah talk to ryan he'll figure it out okay we sent out

01:10:32.040 we have 14 000 investors that gave us 1.2 billion dollars oh wow without a middleman no broker

01:10:39.640 Nobody's in between you and me.

01:10:41.400 See, here's the problem.

01:10:42.600 But watch, watch.

01:10:43.400 Okay, go ahead.

01:10:43.800 Out of that, we've sent $300 million back to the same people that gave us the money.

01:10:48.680 In distributions.

01:10:49.960 Every month we send a check.

01:10:51.080 From the cash flow.

01:10:51.960 Imagine if you got a check from me for $1,000 every month.

01:10:56.840 It'd be helpful.

01:10:58.120 It'd be helpful.

01:10:58.920 Yeah.

01:10:59.800 And then you do it again, and then that's $2,000 or $3,000 now coming in every month.

01:11:04.360 You're only 28.

01:11:05.400 By the time you're 38 or 40 years old, you got...

01:11:07.400 27.

01:11:08.280 27. But if I had the nine months, you're probably 28.

01:11:16.520 So then, so you basically are making money from the real estate, the investment, and then you,

01:11:22.120 and then you come hustle over here again, and, and get another 150 or $200,000, whatever you

01:11:27.000 store that up, and boom, drop that in again, and then go do it again. You keep repeating this.

01:11:31.560 Yeah. See, everybody's doing this part right here. They earn money, spend money,

01:11:36.280 earn money, spend money, earn money. And you're ended up at zero anyway.

01:11:40.600 I'm going to end up with zero.

01:11:41.880 You're going to end up with zero because you're earning and spending, earning and spending,

01:11:46.200 and you end up with zero. Maybe you slowly end up with a little money. But until you break this

01:11:51.880 thing you're doing right here, and finally say, okay, I'm going to earn money. Wham,

01:11:57.320 I'm going to move that money over there. And now I have this coming in next time,

01:12:01.640 two of these and then three of them and then four of them and then 10 of them 50 of them and 100 of

01:12:10.040 anyway flows of income if you want to create wealth you have to have multiple flows of income

01:12:14.440 you have to have a lot of different flows that are not dependent upon your energy and time

01:12:19.240 yeah see it's it's tough for you trust me well i i think we're gonna get back in because we're

01:12:25.000 were going to edit out. But I learned it was, I'm glad it

01:12:33.640 happened though, the demonetization, because it made

01:12:35.900 us build like a website. Now I didn't even have a website

01:12:38.240 before. So I did everything like that we didn't before. But

01:12:43.240 thank you.

01:12:43.600 You can do a course on just how to be how to make guests feel

01:12:48.400 comfortable.

01:12:49.000 That's right.

01:12:50.080 Really for $97. Some people would buy that. Because you have

01:12:53.080 a great knack at doing $97. Wow. $97. I tried to make anyone comfortable in your presence is

01:13:02.200 under three minutes. I'm going to make that. Let's how to make anyone feel without having

01:13:09.320 sex with them. Without having sex with them. That's important. Well, thank you. Still have

01:13:18.640 a happy ending and still you've been awesome well thank you for guys for

01:13:27.520 coming you got it um guys make sure you go like the video on your way out and

01:13:32.200 subscribe to the channel and you know join the deal he was talking about

01:13:38.880 like the video and I'll talk to you guys next time

Pearl - March 15, 2024

＂You Need To Go Broke＂ Grant Cardone REVEALS MUST-HAVE Success Traits ｜ THE SITDOWN @GrantCardone

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