The Cardone Zone22 Apr 2016

213: Prepare for Recession

Today on the Cardone Zone Grant Cardone brings news of a coming recession. It's been 8 years since the last major recession and Grant says we are in another one. When there is cranes in the air, beware. Stay away from real estate right now. Sell your house. It's too late when the hurricane hits. When the contraction happens its too late. When everyone is running to the door nobody can get out. Go to the door now. This will be deep, ugly, and long. It will effect you. Intel laid off a bunch of people this week. This will continue. Boeing is cutting jobs. There is 1.3 trillion dollars in college debt in this country. Grant went to the bank to get a bunch of money out and it took him 3 meetings and a week to get his money out. What will you do when there is a bank run and you can't get your money out? How to protect yourself from recession: Get prepared.

1) Don't wait for it to get here operate like it is here now. Out work everyone now as though the contraction is fully here.
2) Stop ALL spending except on those things that can increase income. Do NOT spend to consume; spend only to increase income.
3) Keep your firewood dry and add to it. Accumulate cash—wood for your fire—at all cost and spend nothing, preparing to invest when real assets get cheaper (they will). Prepare to steal when the market capitulates (throws up). Build your fire so big others stare in amazement.
4) Do whatever it takes to increase income. Take on other income opportunities to increase your monthly income and save it all.
5) Learn 'how' think rather than 'why' think and act like an entrepreneur. That means sales, marketing, negotiating, follow up, and branding.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(829)

How John Morgan Built the Google of Law

John Morgan didn't build Morgan & Morgan like a normal law firm. He built it like Google - everywhere, for everybody, controlling attention, referrals, marketing, and scale. Grant Cardone sits down ...

2 Juli 52min

Episode 313: Be Dangerous, Not Careful

The Cardone Zone – Episode 313: Be Dangerous, Not Careful What separates those who achieve extraordinary success from those who spend their lives playing it safe? In this unforgettable episode of The...

23 Juni 52min

Passion or Profit?

Passion or Profit? What does success look like for the next generation in a world being reshaped by AI, automation, and constant disruption? In this thought-provoking episode of The Cardone Zone, Gra...

16 Juni 53min

"That will never work"

The Cardone Zone Episode 311 "That will never work" Couldn't think of a better title for this episode than to quote Marc Randoph's book title: "That will never work", because that is the essence of t...

8 Juni 52min

What does it take?

What does it take to become a household name, stay at the top of your game, and negotiate your way through decades of success? In this star-powered episode of The Cardone Zone, Grant Cardone is joined...

4 Juni 53min

Origins

The Cardone Zone – Episode 309: Origins Before the growth or partnerships. Before success at scale, there were the origins. In this episode of The Cardone Zone, Grant Cardone and Brandon Dawson take ...

27 Maj 53min

Grant Cardone has a chat with 35,000 of his closest friends

Welcome to the 10X Growth Conference at Marlins Stadium in Miami, the legendary event that ignited ambition, transformed lives, and brought together entrepreneurs, sales professionals, business owners...

19 Maj 53min

Capital, Power, and Strategy

Grant Cardone speaks with special guests Ivan Kaufman and Eric Trump for a sharp, unfiltered conversation on where finance and politics intersect, and why it matters to anyone serious about building ...

25 Mars 53min