The Cardone Zone

When is the next recession going to happen? A Recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. By the time the media calls it a recession it's already too late—it will be after the fact and you have already been affected. To be honest, I'm looking forward to the next recession because I'm prepared for it. You want to expand in a contraction. To do so you must learn how to make more money and that requires either specific high paying skills or an entrepreneurial approach to wages. Contractions are not something to be scared of but rather opportunities for those properly prepared for them. 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 spending except on those things that can increase income. Do not spend to consume; spend only to increase income. 3) Accumulate cash. This way you can steal when the market goes down. 4) Learn 'how' think rather than 'why' think and act like an entrepreneur. That means sales, marketing, negotiating, follow up, and branding.

How fast can you blow through $1 million? Faster than you think. That's why you need to 10X your finances and become a multi-millionaire. Do you believe $1,000,000 would set you up for life? Never working again? Never answering to a boss or waking up for work? Some people think the answer is yes, or even think $1,000,000 is going to set them up financially to never worry about money again. The truth is, it's really not that much money. If I gave you $1,000,000 today, you would not be able to retire comfortably. Don't get advice on what the view is like from someone half way up the tree, because they can only tell you what they think the view is going to be. A millionaire with a a couple of million to their name is not financially secure—they have not financially arrived yet!

Don't look for an industry, look for the opportunity. Opportunity is a set of circumstances that makes it possible to do something. The middle class looks for jobs to solve their problems. You want to have problems. People at MIT and Harvard don't even know what opportunity means, they are looking for a job. Here are 4 tips today to find your opportunity: 1. Look for opportunity: before you can see opportunity you have to look. 2. Be willing to read and research—you won't find opportunity without knowledge. 3. You have to go for it: you have to leave where you are comfortable. 4. Make contacts: everything you want, somebody else has it.

How to Find Your Dream Job—It's been said that having a job means just over broke. You have the wrong job then. You can work for someone else and get rich. You don't have to own the business to get rich. If you are broke, it's not a dream job. A dream job is not what you want to do. A dream job will pay you enough money to make money on this planet. You don't need to love it, you need money. Don't tell me how much you love your job; tell me how much paper you get. You need to get in the right vehicle. The right vehicle has 2 things for a dream job: 1) Margin—The 99 cent store will never pay enough because they have no margin. 2) Volume—Selling planes may have big margin but there is no volume in that. The right vehicle will also have the right driver, someone willing to accelerate and go. Don't move to an industry that is dying. The right vehicle will have horsepower and not just give you the job you want, but the life you want.

Never get advice from a millionaire. Don't get advice on what the view is like from someone half way up the tree, they can only tell you what they think the view is going to be. That's why you don't want to get advice from someone not even half way there. The problem with the Millionaire Next Door: 1)Think is too small—There's not enough zeros to last you any length of time 2)Conservation mode—Spend all energy trying to save the million. 3)Math doesn't work—$33,000 a year is no money. You can't just quit after making $1 million When you have a million dollars, you're scared. Don't be the millionaire next door who is conserving the little pile they have. To make your money last longer than your clock, you need much more than $1 million, so never take financial advice from a mere millionaire! FREE GIVEAWAY Get your Free Millionaire Booklet http://millionairebooklet.com/free

If you want inflow, you need to give outflows. What are you putting out into the world? If you don't confront the size of your business, how to grow it, and how to multiply things, you will stay small, break even, and eventually lose. There are three things every business owner/entrepreneur must confront. 1) Big think—Stay small and you'll get crushed. The big boys don't get punished. Bigger is better. You want to be Google or Facebook. Do you want to be an eagle or a scavenger, just hoping for some leftovers? 2) How to Scale—Going from $4,000 a month to $40,000 can be a problem. Don't manage the business, grow the inflow. If you can't raise money, you need to transact with people. 3) Multiple streams of income sources—You can't be dependent on 1 or 2 clients. Staying smaller doesn't let you be a better provider. You need multiple flows coming from all directions.

Take setbacks and convert them. When have you been hit in life? We all have been hit, and they don't teach you how to deal with these failures in college. It's valuable to be able to transform failures to positives. What's your movie going to be? The hero or the guy that quit? Everybody has to go through a transformation. Transformation is defined as a thorough or dramatic change in form or appearance; a metamorphosis; the induced or spontaneous change of one element into another. Make a decision to convert setbacks into transformations. 10XGrowthCon is an opportunity for a transformation—24 of the most sought after business experts in the world will be talking for 3 days including live Q&A sessions. Are you ready to blow up and have the biggest year of your life?

Where can you find a better return on investment than the stock market? Anything that is not simple, something that you don't understand, you turn control over to someone who understands what they're doing. If you don't know what you're doing, you will feel stupid. That doesn't mean you are stupid, it means the thing is messed up. You don't need the stock market to make money. If you make $50,000 a year, you could make another $13,000 a year in the stock market maybe—or you could just make $50 more every day. There are so many ways you can make an extra $50 a day now rather than giving your money away long term to people you don't know to do who knows what with your cash. Besides, if you make $50,000 a year there is nothing left over to invest in the stock market anyway. Increase your income first before worrying about investing!

Kevin Harrington and Grant Cardone talk Mistakes in Business – 10X Growth Con: Join Kevin Harrington— inventor the world-famous Infomercial (ever heard of As Seen on TV?) at 10X GrowthCon! In addition, guys like Daymond John, who went from a wage worker at Red Lobster to a multi-millionaire and star of Shark Tank, Jay Abraham who built strategy for the top entrepreneurs in the world, Tim Grover who trained Kobe Bryant, Dwayne Wade and Michael Jordan, Russell Brunson who founded Click Funnels, and the list goes on and on. It's miraculous that all of these people were able to make space on their schedule to be in sunny South Florida at the same time. Will you be there? You can avoid the business mistakes Kevin discusses—and learn from 23 others—all in a 3-day event that is your best opportunity to grow in 2017.

A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20-year career as a top sales executive and becoming President of Global Sales and Marketing for a $420M company. As Vice President of International Sales in a Fortune 500 $3B corporation at the time, he was selected from over 500 sales managers to join the President's Advisory Council for excellence in sales and management. He's the author of 12 books on sales and motivation and has shared the stage with top business speakers: Rudy Giuliani, Zig Ziglar, Paul Otellini (CEO of Intel), and John May (CEO of FedEx Kinkos). As an international sales trainer he has worked with companies in Europe, Asia, Saudi Arabia, Australia, Latin America, Middle East, United Arab Emirates and South Africa. He is also the host of 'Life or Debt' on Spike TV where he helped families on the financial brink by teaching them how to run their family like a business.