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Updated over 6 years ago,

User Stats

110
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109
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Jonathon Weber
109
Votes |
110
Posts

Grant Cardone - just my .02 after reading other threads

Jonathon Weber
Posted

I've been following Grant Cardone for more than a year now and watched a lot of his older videos. I spent some time reading threads that other members have posted and I just wanted to add my two cents. Personally I think a good percentage of people (not saying people here) take him too literally. When he is talking about 10X he is talking about having bigger goals and thinking bigger in life in general. 

The average millionaire has 7 cash flows. That is the 10X mentality. 

When it comes to investing in the stock market, family homes, or multifamily investing, investing in a building that doesn't get disrupted by technology and owning more than one door is the concept he pushes. He isn't wrong, just that there are more than one ways to invest in real estate. He pushes his way and personally it is the way that I also look at real estate investing. 

You have to remember that he is a business man pushing his own products. His products are better suited for B2C than B2B, especially a complex, long sales cycle with multiple stakeholders involved. 

His own income really didn't take off until the last several years. 

Personally I think he teaches good live lessons but at the end of the day he is a business man selling his own products and offerings like any other business owner does. 

More doors means a management team will manage the property, allowing you to focus on other stuff. Small deals that need more of your attention take your attention away from doing other stuff. That is why he pushes larger deals. It isn't that some small deals can't provide a good return, they can, it's just the mindset/approach of it all.