What I Would Do if I Had No Money Today - YouTube

Channel: Grant Cardone

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not an idea either I'm not hustling ideas here I just feel like I'm broke
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with bacon not knowing what you are birthday you are broke you're broke
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she is broke she feels broke and she is broke so just make it official go to
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zero my goal is to meet as many people in this planet as possible to see people
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that are positive people that have more time to create them to be critical more
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time to hustle that they have to hate and they want to actually add strategy
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and techniques that are proven to grow their business so that they can take
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care of their family in the church I have roofing company it was easy to
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get into that particular business without putting any money of my personal
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money into it and so now I'm at a point where in order to say get out of this
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stalemate how do I decide how much money at this point should I be putting into
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the business to be able to scale yeah sometimes it's a benefit not to have
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money because when you don't have money you have creativity you like if as long
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as you got a commitment you're like oh my god there's money for somebody else
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so in the roofing business I'm just gonna go get people to give me money I'm
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gonna start knocking on doors banging doors out selling rust get people to
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give me money if I didn't have any money today what would I do
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I'd go out there and start getting money I'd sell stuff hey these shoes man can I
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sell the shoes kind of sell the jeans gonna sell the shirt can I sell the
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watch it's just got to be committed right I don't want the watch I want the
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money I want the money because I want to grow my business so where there where
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you like creativity you lack commitment right when when you when you're blocked
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and you don't have answers it's because you lack commitment whatever it is you
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want to whatever you want to go to so I always just ask the big question hey
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what I got to do to sell the place out you know what do I have to do to replace
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the money so how like what are you right now how liquid your business I'm
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thinking you have a bunch of money set aside well I'm actually I tapped into
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the properties that I'm that I have because you're saying you gotta get
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liquid or you have you have to tap into that
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good so I want it I'm sitting on something I I want to stash some of that
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money aside in order to multiply it in real estate
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uh-huh I'm trying to figure out how much of it do I need you sitting on right now
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okay so and and and in the business is that your personal yeah I mean how much
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is in the business how much is sitting around the business I mean it abscent
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flows okay see I see mine every morning first thing I get every morning's my
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cash counts so you know look you got plenty of money sitting around yeah you
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know just look back in the last 10 years if you ever needed even one time for a
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short period of time probably not most people sit on more cash than they need
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to once once they start making money they start like trying to I'm apart this
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time a park that I'm parked at because you want to get out of the game I would
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get rid of that money if you didn't have any money right now what you would do is
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you'd be doing more roofing jobs you'd be forced to ditch payroll who's got my
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money is is the battle crop and it's who's got your money who's got your next
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million or ten million or 20 million and it's gonna give me B from deals so I
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would probably take invested I wouldn't have my attention on it by the way that
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would be 450 I'd buy a passive income I'd buy it when I buy these big real
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estate buildings all I think what I'm doing is buying another flow easiest way
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for me to do it I'm just gonna buy that flow and let that build and sit there
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not even worry about it then I come to work as soon as I close
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that one deal and I buy that flow let's say I bought 40 million that's 2.4
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million dollars where the income every month I'm gonna get a check for 200
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you guys following the math on this I took 40 million I shoved the whole 40
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million my 40 million is no different than your if it's all you have it's all
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you have everybody agree he goes in 40 million goes in say we're both a zero
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again the difference is I got income coming in then I'm not paying attention
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to I don't spend time on that activity I have that building's big enough to
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support the building and manage itself I actually bought payroll employees people
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managers etc so now I got this new drip coming in that gives me more confidence
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next month and then I'm focused right here I don't have any money
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I got to sell my event first thing I do when I walk in I'm on it inside like how
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much cash do I half second thing I do what do we sell yesterday every day I
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come in here what did we sell yesterday how many tickets do we sell how many of
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these do I have left every morning first thing how many of
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these do I have left how many g8 tickets how many times Todd how many card on use
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did we sell today how many contracts how many 360 what do we sell today
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so it's stay broke hustle not an idea either I'm not hustling ideas here I
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don't feel like I'm broke with not knowing you are broken you are broke
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you're broke she is broke she feels broke and she is
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broke so just make it official go to zero because once you go to zero now you
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can't make sense of it now you know for sure oh I am definitely a zero and this
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is what makes people rich right here