I was a Prisoner to my Business
Grant Cardone
Private Equity Fund Manager & Real Estate Investor ?$4.5BAUM ? Cardone Capital ? Cardone Ventures?10X Health System ? Author ? Cardone Vets ? Cardone University ? Entrepreneur | Text (305) 574-9093
My business was stuck at $3 million for years.?
I hated it. I felt like I was a prisoner to my business. But I didn’t know what else to do.
When the economy crashed in 2008, I found out I was susceptible to all kinds of problems.?
Over four hundred banks collapsed. Banks started shutting down and desperately tried to get cash. Even though I had never been late on a payment, the banks called in $50 million in loans on my real estate portfolio.?
That’s when I realized, “This doesn’t work.”
Why did they call in my loans? Because I was too small. If I was big, they wouldn’t have asked for the money back. I needed to get big. Remember “Too big to fail?” I needed to get too big to fail.?
If it wasn’t for the crash in 2008, I wouldn’t have given up on the $3 million and gone to 10X.?
Most business owners are just operating their business and hoping it keeps growing. They can only take their business so far before the weight of growth starts to wear on them.?
They need to bring on people, processes, and systems, but they don’t know how to do it. The biggest issue with business owners is they don’t know how to create that type of value.?
They look at their business in reverse. They see where it’s at right now and where it started.
I look at businesses differently.?
I look at where a business could be in 5 or 10 years. I heard a stat that 4 out of 5 public companies won’t exist in the next 5 years. It’s because they aren’t looking at their business the right way. I’m looking at where it could be and putting in place the pieces to capture that value.?
Let’s say a business is at $3 million and wants to go to $5 million. At first, the owner is going to try and figure it out by themselves. That is until they realize everything is breaking.?
I see companies spending fortunes on things that don’t move the needle. They spend all this money on things like Logos and mission statements. They make the whole growth cycle so complex and expensive. At the end of it, they can’t even articulate what the big-picture goal is or what their purpose is. Their employees don’t even understand their value proposition.??
When they grow, they become less efficient and less effective. Often, they become less profitable. They could end up making less money at $5 million than they did at $3 million.?
Scaling a business is something I had to learn by trial and error.?
Most business owners that achieve success go through a catastrophic scenario that either makes them or breaks them. That happened to me starting in 2008. I’ve figured out how to eliminate the need for that kind of catastrophic event.
领英推荐
I’ve helped thousands of business owners grow and scale. There’s an actual science behind scaling your business.?
If I can build businesses that are worth billions of dollars, then I can show you exactly what I did.?
And I’m going to show you not only what I did to get where I am today. I’m also going to show you what I’m doing right now to grow even bigger than ever this year.?
And it’s all happening at the 10X Growth Conference .
But there is something you need to know…
10X Growth Conference is Sold Out!?
That’s why I’ve opened a “backdoor” for you to get access to the #1 Business and Entrepreneur event on the planet.??
I asked my team to add a few extra seats. Now you can skip the line and shortcut the waiting list.
All you have to do is click the link below to get started.
Don’t put this off. This is going to be the best 10X Growth Conference in history.?
The most electrifying event in business is waiting for you. And for a limited time, you can get access at a huge savings.
These extra tickets won’t last long. Depending on when you read this, they might already be gone.?
Here’s what I want you to do next.?
Click here to get your special ticket (at massive savings) to 10X Growth Conference.
This will take you to executive tickets, if you want any other level (VIP, Premier, or Diamond) send me a message and I'll make sure you get a seat.
Be Great,
Grant Cardone
Co-Founder @Roofing Automated | Currently Scaling 20+ Roofers
7 个月thank you
Chasseur d'immeuble de rendement hors marché AZ Immobilier
1 年Oui tout à fait. C’est ce que je ressens actuellement.
Magnetic Products Specialist @ NIKKEN | Marketing Master's Degree
1 年10 X marketing ! ??
Founder: CEO at Intex Trading and consultancy Basudev Export Trading
1 年Grant Cardone @ thank you sir... it's my great pleasure as always.. great.
Founder: CEO at Intex Trading and consultancy Basudev Export Trading
1 年@Raul Rev..@ √ thanks sir , it's my nice pleasure.