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Entrepreneurs on Fire

The Wealth Creation Formula with Grant Cardone

Nov 13, 2023
22:55
Snipd AI
Grant Cardone, bestselling author and entrepreneur, shares the wealth creation formula and the importance of redefining middle-class. He emphasizes that wealth is achievable for anyone, no matter their background. The podcast also highlights the significance of positive influences and book pre-orders.
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Podcast summary created with Snipd AI

Quick takeaways

  • Wealth creation is tied to health, not just money.
  • The middle class is a myth, one should aim for wealth freedom by setting bigger targets and finding multiple routes to achieve financial goals.

Deep dives

The Wealth Creation Formula

Grant Cardone shares the wealth creation formula, emphasizing that wealth comes from the word 'health' and not from money. He talks about the three phases to building wealth: Phase one is doing work for others, phase two is owning a business or asset, and phase three is creating value and wealth through networks and assets. Grant explains that the middle class is a myth and encourages setting bigger targets for wealth freedom. He provides a nine-step formula for increasing income and net worth, emphasizing the importance of doing the math and finding different routes to the desired financial goal.

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