Pearl - ＂You Need To Go Broke＂ Grant Cardone REVEALS MUST-HAVE Success Traits ｜ THE SITDOWN @GrantCardone

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. 0.71

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. 0.86

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. 0.94

00:02:20.060 Really? 0.99

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 0.95

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? 0.88

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 1.00

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? 1.00

00:12:35.580 Stupid? 1.00

00:12:36.580 Well, or... 1.00

00:12:37.580 I know.

00:12:38.580 What?

00:12:39.580 Ho. 0.56

00:12:40.580 Ho. 0.56

00:12:41.580 Ho. 0.56

00:12:42.580 Why?

00:12:43.580 Why?

00:12:44.580 You're a YouTube ho. 0.94

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. 1.00

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 0.98

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 0.94

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. 1.00

00:22:04.100 He said, hey man, you need six months in case shit hits the fan. 0.98

00:22:06.900 But he only puts you in a defensive position where I would put you in an offensive position 0.99

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 0.97

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, 0.99

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. 1.00

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. 1.00

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. 0.97

00:28:47.660 I would rather be unhappy with it because you, because you have a really crazy life 0.81

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 1.00

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. 0.99

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. 0.96

00:31:33.540 I know. 0.99

00:31:34.980 She's a YouTube hoe and a Starbucks hoe. 1.00

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? 0.98

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. 1.00

00:33:30.740 I mean, I didn't have to come here to fucking hear that. 0.98

00:33:33.080 So but the powerless thing was not true. 0.95

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. 0.99

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 1.00

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. 1.00

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... 0.97

00:38:22.800 I'm like, God damn, we need a cigarette. 0.96

00:38:25.240 That night that you and I and the two military guys and Elena played poker, we were playing 0.99

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. 0.98

00:38:46.560 They're like, God damn, this is the luckiest I've ever been. 0.96

00:38:48.600 I'm like, yeah, bro, because we're folding to you. 0.99

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. 0.66

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. 0.99

00:42:03.620 I like indoctrinated her, but she was... 0.88

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. 1.00

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 1.00

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 1.00

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 0.99

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 1.00

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. 1.00

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. 0.99

00:45:47.000 Ridiculous, man. 0.96

00:45:48.300 Yeah, why do we have all these people in my studio? 0.93

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. 0.78

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 0.97

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 0.85

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 0.99

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 0.78

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. 1.00

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. 1.00

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. 0.61

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. 1.00

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. 1.00

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, 1.00

00:53:23.700 leave them alone, you have nothing to offer. Not most young 0.97

00:53:28.320 men have nothing to offer a woman. Not even in the form of 1.00

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 0.96

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 0.99

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 0.99

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 1.00

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. 1.00

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 1.00

00:55:51.120 been with a provider. That was part of her problem, by the way. She didn't want a provider. 0.89

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. 0.80

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 1.00

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? 0.63

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 1.00

00:58:53.400 fucking prenup. That is simple. Right. Like, unless there's Sabrina right there. Okay. 1.00

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? 0.98

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. 0.99

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. 1.00

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. 0.99

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. 0.99

01:00:38.540 So if she was 25, let's say he would be 40. 0.99

01:00:42.780 He would be an earner.

01:00:44.660 He would be a provider already. 1.00

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. 1.00

01:00:57.940 He respects his mother. 1.00

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... 1.00

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... 1.00

01:01:56.040 Most of them are pretty stupid. 1.00

01:01:59.040 I'm serious. 1.00

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 1.00

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, 1.00

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. 1.00

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... 1.00

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. 1.00

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 0.99

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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