176: The Secrets of the Wealthy

Published: July 24, 2015, 4 p.m.

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Grant Cardone, NY Times bestselling author and successful entrepreneur, offers insights and advice to help the middle class break out and achieve true freedom. In this episode Grant focuses on income disparity and explains that rich people continue to get rich because they are focused on getting rich. He offers hard-hitting, eye-opening comparisons of how wealthy people approach money versus the middle class. \\u201cMost people aren\\u2019t thinking about getting wealthy. They\\u2019re thinking about getting by.\\u201d Grant explains that how we think about money determines the wealth we create. How our parents raised us to think about money affects us. However, Grant explains that it is up to us to do the following things to create wealth and the freedom that comes with it.

Grant\\u2019s Wealth Tips:
1. Study those who achieved wealth.
2. Understand money isn\\u2019t made it is collected.
3. Don\\u2019t earn to spend, earn to invest.
4. Create passive, residual income flows.

Grant takes callers and encourages them to study Warren Buffet, Mark Zuckerberg and other wealthy people and pay attention to what they do with their money. Callers agree that money was either a subject not discussed or, something they were educated not to have. Grant explains that capitalists use money to generate more so they can be free.

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