Name: 5 Steps to Becoming a Millionaire - Grant Cardone Trains His Sales Team LIVE
Uploaded: 2020-02-01T09:44:33.000Z
Duration: 32 min 12 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

To-infinitive

I'm getting ready to go in and do a meeting for my sales team

Present continuous

They're on the phone every day. They think I'm going in there talk about sales

Past simple

I'm going in there talk about money because if you don't have your money, right if you're not thinking about money correctly. Guess what?

You're never gonna make a sale. You're never gonna push through the objections and the barriers and the hang-ups and

Everything that goes on the sales a disappointing job. It's a tough job. It's a crazy job. It's like being an actor

Okay, why would anybody be an actor after they go on 100 auditions?

Nobody ever picks them and they're like I'm done. The only reason you want to do that is because you want to be a superstar

Okay guys, so this is what I want to do. I want to talk to you about money today not sales

If you don't get the money, right, you're not gonna make the sale period okay million dollars a million dollars

2.8 billion dollar Peter Thiel said the single-digit millionaire

You know what? That means god with $1,000,000 or 2 or 3 or 4?

Cannot even provide his family with proper defense legal defense in America

Emergencies divorces, you know major lawsuits business lawsuits

issues happening to kids going to college

So what he's saying is this ok, it become a very very controversial article because he's like rich dude

Scratching fingers on the chalkboard, this slides. Okay, he's saying hey man, if you got a million dollars, you're basically just a freakin deadbeat

And that your daddy didn't tell you that your daddy's like oh man a million dollars a million dollars you and the money

So what I want to do is I just want to, I'm gonna show you today how to get through all this rejection and disappointment

Discouragements the hangups, you got to change the way you look at money. This is not money right here. Okay

This is you being lazy saying man a million dollars

Then I'd be set just do the math on a million dollars. I did this when I was 34 years old

million dollars if you didn't have any more income and you were

27 years old and you didn't have any income a million dollars a

Million dollars. What does that say right there? Oh no income, zero income

You're 27 years old. I'm gonna do this at 47. I'm gonna do it at

Okay, 27 you don't have any more income how long would that money last if four thousand dollars a month

Where can you live on four thousand dollars a month by the way four thousand a month assumes

No other income social security systems broken Medicare is broken because they are already it's just a matter of when

probably gonna happen in most of your lifetimes

You'd have to live on four thousand dollars a month for 25 years. You will be 52 years old my friend and dead broke

Okay, four grand a month, four grand a mounth is is is what thousand bucks a week

You're spending probably $900 a month on groceries

You got like 12 years left and you're a millionaire. Everybody's like, oh my god, the iconic millionaire. You're wealthy

You're not wealthy dude, you're worried is what you are. Okay, because you don't have new income

So so watch what happens what if what happens if there's an accident a major car accident? Are you married? Okay married kids

Okay, the two kids will cost a million five each to get through college

So you're busted you understand. So when you come to work in the morning, you're like man

I need to make eight thousand or ten thousand you guys got to change or think on money

if you're 47 years old you have until 62 to live if you're 65 years old by the way, and

Anything bad happens like anything you lose a job. You lose your income

If there's any inflation this this equation right here doesn't assume any inflation assumes everything stays the same in this rent never goes up

It's car payments. No gold. Nothing goes up. It's impossible. It's an impossible cycle

the problem is nobody talks about this because nobody wants to go on TV and say hey millionaires are basically

middle-class people that are worried about money

So when I did the math at 33 years old, I'm like do I need a lot of money?

This is where the whole 10x concept comes up from. All right

Hey, man, what if what if it took 10 million, by the way, I think that's the number CNBC says it's 5 million

I think the numbers really 10 million ok, 10 million with no new income

The life you wanted to so how would you get that if that's the number cuz this is clearly not the number

Everybody agree with that by the way, if you make 40 grand a year for the next 25 years

You're gonna make a million dollars anyway. You're gonna make the money if you make

$80,000 a year every time you double this you cut the years this takes to twelve and a half years if you make

$160,000 a year it takes you six years right or you could just go make a million bucks in a year

So you got to do the math if you hadn't done the math if you're going for the wrong target

I'm always talking about targets in here. Do you you and the husband you and the wife need to get the target, right?

We're talking about. Oh, man. I love this new car

You you I'm gonna go buy a new car like Sisler will go by imma get a new car, dude

Your attention needs to be on this. This is the target. It's not the watch. It's not the car and it's not the vacation

67% of wealthy people's surveyed said they weren't going for wealth for cars and boats and trips

Worry to not be concerned about money every day. I want to be concerned about my kids

I want to be concerned about you know, what we do when we're when we have time together

I want to be concerned about how happy I am in my marriage. I don't want to be worried about

Pieces of paper that I don't have enough of or where it's going or what things cost

That's why you're making these phone calls. Okay, so now what's the target?

Because if you're just in here making phone calls saying hey, I'm gonna make I'm gonna make a call

I'm gonna make a close. All you're gonna do is get me rich

okay now and I started with zero just so you guys know I didn't have anything so when you're sitting there on the phone thinking

How am I gonna get to there you can but you need to stay focused. Okay?

So number one thing you got to do is this you've got to change the target and you need to look at the target daily

The target you have the wrong target right now, if you're struggling you have the wrong target

When you change the target everything changes?

You're contributing to my 10 million every person I've ever sold

I treated like an investor this guy is going to invest in my future. He's gonna pay for my college. He's gonna buy my shoes

I want to go on a trip and I want to stay in a house that cost 25 grand a night

Other people paid for that that's other people's money

So you don't need to wait to be a bank to get other people's money

Right, the money that I put in real estate that is other people's money. I'm putting in real estate

People I had a guy yesterday say man. How can you put 60 million in a deal dude a mine?

Say what do you mean raising on? No, no, dude

I went and sold stuff people gave me money and I put it in the real estate

Which is part of this equation number one the target number two, you need to get your income to a place

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5 Steps to Becoming a Millionaire - Grant Cardone Trains His Sales Team LIVE

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