Grant Cardone, NY Times bestselling author, self made multimillionaire entrepreneur, international sales master and motivator in business and life, along with his Vice President of Sales and protégé Gland offers insights and advice each week on Young Hustlers, a webcast that helps Millennials ages 18-33, to better their careers, businesses and finances so they can create true freedom in their lives.
In this episode, Grant and Jarrod talk about how millennials must focus on earning more and building their incomes incrementally with a strong “Follow The Money” message. Money must NOT be a taboo topic. Millennials must place an importance on money and understand that they can have more money. It is possible. Grant banked 1 million dollars in 9 years by the time he was 30. He explains he built it incrementally and went from 3k to 4k then increased over and over again. Grant and Jarrod share their own personal stories about how they build income by applying 3 critical steps:
1. Follow the Money: get around players who are in businesses experiencing rapid growth. If you are in an organization figure out where the money is. What departments are bringing in money? How can you get involved? Make yourself a valuable resource.
2. Don’t Show Off, Show Up: Focus on effort and productivity not cars and bottles in the VIP, watches and clothes. The biggest money makers know showing off is expensive and cuts into the bigger bottom line, wealth and true freedom.
3. The Only Reason to Save is to Invest.