Grant Cardone is a multi-millionaire salesman, business owner, entrepreneur and real estate investor. Additionally, he’s known as a motivational speaker and best-selling author renowned for his 10X Rule and having amassed a vast property empire from humble beginnings. Furthermore, Grant believes success is all in your head while his unique background serves as an inspiration to many people around him.
Grant provides insight into building wealth through investing in low-cost properties. According to Cardone, investing in these low-cost properties allows one to acquire good deals while increasing the property value with renovation and improvement projects. Grant suggests purchasing and holding onto properties for long-term as the income from it should cover debt; to maintain optimal results for debt-to-value ratio between 65-70% is ideal. He further advises exploring investments like Bitcoin that diversify and grow your portfolio while potentially yielding returns.
One of the primary factors preventing most people from becoming investors is fear of debt. They tend to believe that paying off your mortgage over 30 years is necessary. But this approach doesn’t take advantage of your equity in your home – says Cardone, most homeowners are sitting on massive assets they are underutilizing – by using these to finance large property deals such as multi-million dollar portfolios of apartments he even used his equity from his own home to do just this!
He recommends taking advantage of other people to increase the leverage you can use when investing. He outlines how to form a syndicate and co-invest with other investors in property. A strong team is crucial to real estate success; therefore Cardone advises finding people with similar goals who will help work toward them together.
The third tip for successful salespeople is learning how to handle objections effectively. Cardone provides invaluable advice on this topic. He emphasizes the significance of following up and keeping customers’ memories fresh by scheduling regular follow-up calls – or as Cardone puts it, “staying fresh in their mind”.
Cardone University is an invaluable tool for anyone seeking to enhance their real estate or sales skills. The course contains an abundance of useful information in easily digestible sections; it’s like having Grant Cardone as your own mentor!
Cardone University covers topics from marketing and prospecting, objection handling and closing techniques. Cardone’s lessons are practical and immediately applicable to your own business; his advice on building successful business models can also be implemented immediately. You can discover more by visiting their website where there’s also a free trial option so that you can try out what it has to offer before committing to subscription plans.