Grant Cardone's Insights on Managing Business Expenses

Grant Cardone emphasizes the importance of focusing on income generation rather than overly concentrating on business expenses, highlighting common mistakes made by business owners in financial management.

Grant Cardone17.2K views3:31

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Too many business owners spend equal time and energy—if not more— in the expense section of their statements as they do on the income part. This is wrong because income is more powerful than expenditures. What I mean by that is you can grow your income more than you can reduce your expenses. I Use Something Called the 95/5 Rule. “Spend 95% of your time on managing how to increase income and 5% of your time managing expenses.” Saving money, cutting back, and anything to do with controlling expenses is all about a budget whereas the main focus in your business needs to be on income creation. Imagine for a minute what would happen if your gross income was 10X MORE than it currently is. How would that change your life and business? I want you to have a successful business powering a personal income and lifestyle you can enjoy. Are you spending 95% of your time and energy on income, or are you more worried about your expenses and cutting back Remember this, when you play not to lose, you generally lose. This goes for sports teams AND businesses. For more, visit http://www.grantcardonebootcamp.com ►Where to follow and listen to Uncle G: Instagram: https://www.instagram.com/grantcardone Facebook: https://www.facebook.com/grantcardonefan SnapChat: https://www.snapchat.com/add/grantcardone. Twitter: https://twitter.com/GrantCardone Website: http://www.grantcardonetv.com Advertising: http://grantcardonetv.com/brandyourself Products: http://www.grantcardone.com LinkedIn: https://www.linkedin.com/in/grantcardone/ iTunes: https://itunes.apple.com/us/podcast/cardone-zone/id825614458 #business #realestate #investing #GrantCardone #10XRule #SalesTraining #SalesMotivation ► More Grant Cardone Instagram: https://instagram.com/grantcardone iTunes: https://itunes.apple.com/us/podcast/cardone-zone/id825614458► This is an AD FREE Channel with new videos added daily concerting  #RealEstate #Investing #Entrepreneur #Money #Sales #Scaling #Leadership #Socialmedia #Marketing #10 #Speaking #Family #FinanceSubscribe to Grant Cardone YT Channel:  https://www.youtube.com/user/GrantCardone?sub_confirmation=1 -- Grant Cardone Career and Bio TV Undercover Billionaire CEO -  CardoneCapital.com Real Estate Holdings 2.2B AUM Founder -  10X Movement Business Conferences Worldwide Author -  The 10X Rule. (Plus eight more biz books) Philanthropy Grant Cardone Foundation - Support kids without fathers. Raised Over 100M for Charites Apple Podcasts‎The Cardone Zone on Apple Podcasts‎Careers · 2020 (420 kB)https://is4-ssl.mzstatic.com/image/thumb/Podcasts113/v4/05/a6/8e/05a68ef2-1385-5ce9-8e93-186f282aed1b/mza_716329887123094509.jpg/1200x630wp.png YouTubeGrant CardoneGrant Cardone is the author of eight business books, thirteen business programs, and is the CEO of seven privately held companies. Forbes calls him one of the top social media business influencers in the world. Cardone founded and manages a real estate investment firm, Cardone Capital, with $1Billion assets under management. He also travels the world consulting Fortune 500 companies, small business owners, startups and governments on business expansion. One of his enterprises recently hosted The 10X Growth Conference at Miami Marlins Park in Miami, Florida with over 34,000 business people and entrepreneurs in attendance from over fifty countries. Mr. Cardone resides in Miami with his wife, Elena Cardone and their two children, Sabrina and Scarlett. Visit https://grantcardone.com for his latest blogs, news, tips, training, and where to catch him LIVE! The information provided is for convenience only. It is not investment advice or a recommendation, it does not constitute a solicitation to buy or sell securities, and it may not be relied upon in considering an investment in a Cardone fund. Past performance is no guarantee of future results. Any historical returns expected returns or probability projections may not reflect actual future performance. All securities involve risk and may result in partial or total loss. Investment in Cardone funds is available only to independently verified “accredited investors” through an offering made in accordance with Rule 506(c) under Regulation D of the Securities Act of 1933. Before investing in any Cardone fund, prospective investors should consider carefully the investment objective(s), risks, arches, and expenses. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of the data provided. Cardone Capital does not provide legal or tax advice. Prospective investors should consult with a tax or legal adviser before making any investment decision.

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17.2K

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482

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3:31

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Published
May 23, 2018

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