Summary of "A Once In A Lifetime Opportunity To Build Wealth IS COMING!" | Grant Cardone & Lewis Howes

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00:00:00 - 01:00:00

In the video, Grant Cardone and Lewis Howes discuss the importance of saving and investing for the future, especially during times of economic uncertainty. They suggest that educating children about money and finances is fundamental to reversing the trend of money hoarding.

00:00:00 The speaker explains that if you save and invest your money wisely, you can have enough money to cover emergencies. He also points out that most people don't have to worry about this because they have more money than they need.
00:05:00 In this video, Grant Cardone and Lewis Howes discuss how an emergency account pays out a million dollars each month, how to make investments that will provide cash flow, and some other suggestions for generating income. Cardone recommends buying assets that will pay you back in cash, such as real estate or mutual funds.
00:10:00 Grant Cardone and Lewis Howes discuss the potential of cryptocurrency and how it can be a valuable investment. They also discuss Cardone's goal of sending out 30 million dollars a month to investors.
00:15:00 The video discusses the fact that rich people don't spend money the way poor people do; they invest it. Grant Cardone also discusses the fact that it's a myth that it takes money to make money, and that wealthy people have different ways of investing their money.
00:20:00 Grant Cardone discusses how to build wealth by accumulating assets and then promoting them to generate more income. He also talks about how to negotiate better deals with people.
00:25:00 Grant Cardone discusses how to find a business to partner with, how to position oneself for success, and how to break through difficult odds in order to make a partnership. He advises those looking to start their own business to focus on finding a failing business or one that is breaking even, and to add value to the business to ensure a successful partnership.
00:30:00 Grant Cardone discusses the importance of confidence and humility when it comes to sales, and how he learned to do both over time. He shares a story of how he unenrolled someone from his vision in a single conversation.
00:35:00 Grant Cardone shares how he has never owed anyone money and has never financially damaged anyone, which allows him to go back into the world and push things. He also shares how he quit using drugs and replaced all the drug time with good use, which helped him to become the "Beast" he is today.
00:40:00 Grant Cardone and Lewis Howes discuss how to sell effectively, with step-by-step instructions on how to open an event with a clear intention, qualify leads, and offer a payment plan.
00:45:00 The speaker discusses how he has learned to be successful in real estate by learning how to negotiate and how to invest. He also warns others about the dangers of not being educated about money, and how it can lead to disaster.
00:50:00 Grant Cardone and Lewis Howes discuss the importance of understanding the difference between money printing and inflation, and how debt is becoming increasingly cheap due to our country's money printing. They note that one of the benefits of this is that investors can borrow money at very low rates, and that this is good news because it means that they can keep more of their money. Finally, they mention that one of the most successful investors of all time, Elon Musk, does not keep any cash, instead reinvesting everything.
00:55:00 Grant Cardone and Lewis Howes discuss the importance of saving and investing for the future, especially during times of economic uncertainty. They also suggest that educating children about money and finances is fundamental to reversing the trend of money hoarding.

01:00:00 - 02:00:00

Grant Cardone and Lewis Howes discuss the importance of investing in real estate and saving money. They also discuss the importance of being financially diversified and having a financial plan. Cardone shares his story of overcoming obstacles to make money for the first time.

01:00:00 Grant Cardone and Lewis Howes discuss ways to increase one's wealth, including investing in oneself and saving money. They recommend starting with small amounts of money and gradually increasing investments as one's income grows. Cardone also cautions against investing in speculative markets, such as stocks and gambling, and recommends real estate as a more stable and long-term investment. Individuals should also be aware of financial misinformation and learn about personal finance basics in order to make sound financial decisions.
01:05:00 Grant Cardone discusses how, if you're not first or last, you'll lose money. He then shares how, after studying successful people, he changed his business model to focus on retaining investors and not taking their money.
01:10:00 Grant Cardone explains that there are two companies that are going to be worth a trillion dollars each within the next few years and that they fund everything from media to pharmaceutical. He talks about how these companies are so big that they are able to negotiate deals even with competitors who have more money. He explains that it is important to find motivation for yourself and to figure out what that motivation is.
01:15:00 Grant Cardone discusses how people can increase their happiness by not relying on money to make them happy. He also discusses how money will not make someone fulfilled, and how people should focus on other things to make them happy.
01:20:00 Grant Cardone discusses how completing tough challenges and achieving success in life makes him happy. He also discusses how he monitors his investments, sends out cash payments to his investors on a regular basis, and is confident in his real estate holdings.
01:25:00 Grant Cardone and Lewis Howes discuss the importance of investing in real estate, and how someone can become a real estate mogul if they plan and execute correctly. They also discuss the importance of having cash flow available to avoid losing money during the downswing in the real estate market.
01:30:00 Grant Cardone and Lewis Howes discuss the importance of investing in real estate, and how to do so effectively. They note that, unlike stocks, real estate has a tendency to retain its value even when the stock market is down. This makes it a good long-term investment, even if it is not the most profitable option in the short term.
01:35:00 Grant Cardone discusses the importance of being financially diversified, and how this is important for achieving long-term success. He also discusses the importance of having a mindset that allows for growth and contribution in any stage of life.
01:40:00 Grant Cardone discusses the importance of knowing the difference between good and bad debt, and how it can help you save money in the long run. He also refers to 2008, when he was faced with a lot of debt, and how he was able to turn things around thanks to his investments and good debt.
01:45:00 Grant Cardone and Lewis Howes talk about the importance of having a financial plan and how debt can be a limiting factor in one's ability to achieve their goals. They discuss the 10x principle and how doubling one's debt level would get them to where they want to be.
01:50:00 Grant Cardone and Lewis Howes discuss the importance of building wealth and how moving to a lower-tax state can help achieve this. Cardone shares that he once had over 400 million dollars in real estate holdings, but has since increased his holdings to 4 billion. He challenges Howes to go beyond 10x, saying he is capable of achieving this number in five or six years.
01:55:00 Grant Cardone discusses how he turned to aggression to succeed in business and how this helped him overcome obstacles. He tells the story of a female psychologist who tried to drug him and a later female romantic partner who tried to take away his aggression. He explains that he is now 33 years out of treatment and has begun to make money for the first time.

02:00:00 - 02:55:00

Grant Cardone and Lewis Howes discuss the importance of taking risks and being prepared for the unexpected in order to build wealth. Grant shares the story of how he sold his home and relocated to Los Angeles in order to marry his then-girlfriend. He also discusses the importance of having a balance of gratitude and humility. Lewis talks about how NBA stars LeBron James and Steph Curry should be rewarded with huge sums of money for their accomplishments.

02:00:00 Grant Cardone discusses how lithium helped him to become more aggressive and successful in his career. He then goes on to say that if he can maintain a balance between aggression and flow, he will be successful.
02:05:00 Grant Cardone and Lewis Howes discuss the importance of starting early and being able to handle finances responsibly. They recommend having at least 100,000 dollars saved up before investing in anything.
02:10:00 Grant Cardone explains that when you invest in yourself and your team, you're creating a cycle of money that will keep flowing. He also mentions how important it is to have a positive attitude and to be creative in your marketing, in order to keep the money flowing.
02:15:00 Grant Cardone shares his story of how he sold his home in San Diego and relocated to Los Angeles, California, in order to marry his then-girlfriend. He shares the importance of committing to something, and the benefit of doing so by setting goals and sticking to them. He also speaks about the importance of being comfortable with who you are and not being afraid to take risks.
02:20:00 In this video, Grant Cardone and Lewis Howes discuss the importance of being committed to your goals, and how being rewarded for your hard work can help you overcome any obstacles. They also discuss NBA stars LeBron James and Steph Curry, who they believe should be rewarded with huge sums of money for their accomplishments.
02:25:00 Grant Cardone discusses how taking risks and multiplying your wealth by going into other industries can help you achieve your goals. He also discusses how his experience as a McDonald's employee, and later as a car salesman, helped him to learn how to focus on bigger visions for his life.
02:30:00 Grant Cardone discusses the importance of having a balance of gratitude and humility. He talks about how his mother didn't trust him the most when he was growing up, but he was the one who had the conversation with her and got her to accept her mortality. Cardone also shares the story of his sister's and brother's lack of conversation with his mother about her impending death. He concludes the video by talking about how having a conversation about death is important for everyone in their life.
02:35:00 Grant Cardone and Lewis Howes discuss a once-in-a-lifetime opportunity to build wealth and how a positive outlook can help to avoid fear and prepare for the unexpected. Grant's wife recently passed away due to cancer, and he discusses the lessons he learned from the experience. He encourages others to have positive thoughts and be prepared for the unexpected.
02:40:00 Grant Cardone discusses the importance of following one's dreams and the importance of taking care of oneself before helping others. He recalls a conversation he had with Jamie about handling people with potential. He advises people to take care of their own broken areas first before trying to help others.
02:45:00 Grant Cardone discusses how he has been repairing and rebuilding his life, and how this has helped him to focus on larger goals. He talks about how he has begun to think about increasing his team to 100 people or more, and how this would help him achieve his 10 billion dollar goal by the end of 2020.
02:50:00 Grant Cardone discusses his belief that everyone has a superpower, and that one's ability to enroll others in one's vision is a key factor in success. He also discusses his strengths in math and numbers and how they have helped him in his career and in his life.
02:55:00 The video introduces Grant Cardone, a successful businessperson, and Lewis Howes, another successful businessperson. They discuss Grant's theory that a once-in-a-lifetime opportunity to build wealth is coming, and discuss Lewis's theory that people are slow to make decisions because they don't trust themselves. Grant explains that his superpower is his ability to persist in pursuit of a goal, and Lewis explains that Elena has superpowers that help her come up with brilliant ideas.