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WHERE ARE THEY NOW?

What Happened To Grant Cardone?

Born on March 21, 1958, Grant Cardone grew up in Lake Charles, Louisiana, alongside his four siblings.

His father passed away when he was just 10 years old, and it was his mother’s frugality that would go on to shape Cardone’s early perspective on money and success. But the story doesn’t end there.

Let’s take a look at how Cardone rose from his humble beginnings to becoming a financial titan.

The Meteoric Rise

Cardone’s career began with a rather rocky start. After graduating from McNeese State University, Cardone found himself struggling with drug addiction, an ordeal that led him to rehab at 25. It was this moment that triggered the rise of Cardone, as he began a sales job in an automobile dealership and quickly ascended the ranks.

His early career is marked by remarkable tenacity and resilience.

By the age of 30, Cardone had transitioned into the real estate industry. Here, he began to establish his empire, Cardone Capital.

The firm invests in multifamily real estate, a lucrative segment with high returns. His hands-on and aggressive approach made Cardone Capital a major player in the real estate industry, with a portfolio boasting over 7,000 units by 2018.

Here’s a snapshot of Cardone Capital’s exponential growth over the years:

Year Units Owned
2012 1,000
2014 2,500
2016 4,000
2018 7,000

Cardone was not just a businessman; he was also an author, speaker, and social media celebrity. He authored several best-selling books, including “The 10X Rule” and “Sell or Be Sold,” delivering practical advice to entrepreneurs and business-minded individuals.

He had a captivating style, which made him a favourite on various talk shows and at conferences, attracting millions of followers across his social media platforms.

The Turning Point

However, all good things must come to an end, and for Cardone, the end began to take shape in the form of over-ambitious expansion plans. While the strategy had worked well for him in the past, this time, the market conditions were not as favourable.

With the economic downturn triggered by unforeseen global events in 2021, real estate markets became unstable. As vacancy rates rose and returns diminished, Cardone Capital began to experience the first signs of strain.

But the resilience Cardone demonstrated early in his life appeared to have given way to a sense of invincibility, blinding him to the storm that was about to hit.

Year Vacancy Rates (%) Returns (%)
2019 5 10
2020 6 9
2021 10 6
2022 15 3

The Downfall

Cardone’s downfall can be attributed to two main factors: his over-reliance on debt and his refusal to adapt to the changing market conditions. Cardone Capital was highly leveraged, a strategy that can amplify profits but also magnify losses in adverse situations.

In the downturn, Cardone’s debt burden became unbearable. The firm was unable to service its debt obligations, leading to several of its properties being foreclosed. As losses mounted, investors began to pull out, leaving Cardone Capital in a precarious financial situation.

Year Debt (in million $) Foreclosed Properties
2019 200 0
2020 300 2
2021 400 5
2022 500 8

Despite the grim reality, Cardone remained defiant, his public appearances characterized by an upbeat tone and unrelenting optimism. But behind the scenes, the reality was starkly different.

Cardone Capital filed for bankruptcy in late 2022, marking the official end of an empire that had once seemed invincible.

What Happened To Grant Cardone? 1

The Lesson

The rise and fall of Grant Cardone is a classic tale of ambition, success, and downfall.

It teaches us that resilience and hard work can lead to monumental success, but over-ambition and a lack of adaptability can just as quickly lead to downfall.

In simpler terms, think of it like this: if you’re building a castle out of blocks and you keep adding more and more to the top without making sure the base is strong, it’s going to topple over. That’s sort of what happened with Cardone. He built a big, beautiful castle, but he didn’t make sure his foundation (or money) was strong enough to hold it all. And when things started to shake a little (like a storm hitting the castle), it all came crashing down.

In the end, the story of Grant Cardone serves as a reminder that financial success isn’t just about making money; it’s also about managing it wisely.

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PODCAST

We Never Stop Learning – Life Is Non Stop Self Improvement #STARTCREATINGPODCAST (ep015)

The older I get the more I realise that life is a non stop opportunity to learn more about the world. In fact the older you get the more knowledge is forced into your head even if you wasn’t looking to learn something new. Now I am not suggesting that you just lock yourself a way in a cave with only pot noodles and an xbox for company to avoid learning more… embrace then knowledge.

I have learnt more about the world, myself, business and the inner workings of other peoples lives than I ever learnt from school or the education system. And what helped me learn so much… simply living. I can now appreciate how much my mum must’ve done for me when I was a little kid now that I have a step daughter of my own. All those late nights, middle of the night wake up calls. All those times she had to bite her tongue or fight the urge to slap me in the head for asking the same stupid question or doing the same thing i’ve been told not to do 1Million times. You learn by proxy that life wasn’t truly the way you thought it was when you was young, in your teens or even then getting your first job.

Now education doesn’t have to come from living the patterns of life but can also come from expanding your bubble of knowledge. The more I learn, the move services I am able to offer my clients. When I first started my YouTube channel I was hoping to educate people via videos to grow their channel. I soon learned that I could also teach people 1 on 1 with reports and video calls. I learnt how to edit my videos better for clients which led to more clients wanting to work with me. Maybe you can see the cycle… even time a client asks me to learn something new, or I have to learn something to make something work… it becomes an asset and a skill I can add to my tool kit.

Even this podcast was a lesson that I felt I was forced to learn – not in a bad way. I need to expand my brand and make it easier for people to find me. If its easier for you to listen to me on a podcast rather than a Youtube video, then I would be silly to shut you out and ignore your need. So, I learnt how to make podcasts and 15 weeks in… I am now making podcast for my clients…. a lesson that was very quickly and toolkit asset worth my time and money.

Learning doesn’t have to have an ROI of money – But if you do embrace the learning that life throws at you, you’ll never be bored.

Why You Should Continue Learning

Beyond keeping things fresh to sustain your professional creativity and passion, learning keeps you relevant in our ever-changing world. And, it’s arguably the best job security tool you could have, not to mention that achieving higher levels and honing new skills is a great argument for seeking promotions and raises at work.

“Organizations can’t keep transforming if their employees aren’t learning and their skills aren’t aligned with shifting business demands,” explains Toby, stressing the importance of creating an environment in which learning is encouraged and failure is safe as long as employees learn from it.

“All managers should make learning a core goal for their employees. It’s directly related to their team’s and their company’s success,” he says. “Employees should get the time and support to achieve learning–and be recognized for it.”

His best advice for professional development? Take personal responsibility for your learning.

So, now that you know why you should continue to learn, here are Toby’s top tips for doing so on the job.

Decide What You Want to Learn

First, consider how and in what way you want to develop yourself.

Start with broad industry knowledge, which can help you pinpoint areas that most spark your curiosity. Read broadly and often. Your reading list should go beyond regular news. Follow both general business news, like the Harvard Business Review, as well as blogs related to your field. You can also join virtual communities related to your field to read and participate in discussions with your peers.

Try to work in at least half an hour of reading and professional networking each day. As specific topics in your field inspire and interest you, explore them further. Once you identify where you want to specialize, try to attend relevant conferences and even take specific courses to further your knowledge.

Take Full Advantage of Your Company’s Resources

Companies with the most effective continuous learning programs make their resources accessible, personalized, and engaging for employees. Take IBM’s Your Learning platform as an example. Powered with Watson’s artificial intelligence analytics, Your Learning integrates formal, informal and social learning formats and curates content for each individual learner. This Netflix-style development platform offers employees a set of channels to choose from. Employees can see how others have rated the various offerings and there’s also a live-chat adviser, who is available to help them at any time.

And, employees earn digital badges based on the level of expertise and experience in specific skills they have completed, which is a great way to empower employees, keep them engaged, and perpetuate the culture of learning.

“When you’re allowed to influence your training in this way, following your own interests and even adding material you find on your own, the learning experience is irresistible. You can gain control, create your own learning pathways and develop your skills in a faster and more efficient way,” Toby explains. Customization is something the IBM Learning platform offers by getting to know you as a learner and providing personalized learning recommendations based on not only your job role, but your learning patterns and personal interests.

To get started, do some research and ask around. If you’re new to an organization, there may be a learning portal you aren’t familiar with yet. And even if you’ve been somewhere for years, policies may have changed and there could be budget available for online courses or conferences.

Once you’ve dug around a bit, check in with your manager and HR about the resources that are available and how you can best fit this into your regular work schedule. It’s not uncommon for organizations to allow employees to make time for professional development during the workweek. 

Ask for More Learning Opportunities at Work

But, if you’re left wanting more when it comes to professional development resources at work, don’t let that deter you, Toby advises. When asked how employees can push for more learning options, he suggests starting by demonstrating how it will help your company.

“Have a vision of what your organization wants to look like, and show how employee learning fits into that,” he explains. Companies must recognize that the environment is constantly changing, he says, and that their responsibility to clients to stay up-to-date and relevant with the latest knowledge and tools can be best met by empowering their own employees to keep learning.

If your company doesn’t offer an accessible internal learning platform or have the resources to create one, Toby suggests employees lead the charge by requesting access to readily available external training and learning services.

“Be curious,” he says. “Go on forums, watch TEDx, be active in LinkedIn communities. And within your day to day, remember that learning happens everywhere. Reach out to your peers and communities both within and outside of your organization,” Toby says. “Continue to stay curious and find the way to always be learning.”

And make your own suggestions. If there is a professor from a local university that is an expert in a topic you want to learn more about, see if your company will organize a lunch and learn session with him. Be vocal about what you’re interested in, and suggest ways to make it happen.


So, take a proactive approach when it comes to your education. And remember, learning can happen in many different ways. Don’t discount what you can get out of a podcast on a favorite subject, or email digest focused on your industry. The important thing is you’re soaking up the knowledge, and using it to better yourself and your career.

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TIPS & TRICKS VIDEO YOUTUBE

STOP Comparing Yourself With Others – How To Grow On YouTube – #RANT

STOP Comparing Yourself With Others — How To Grow On YouTube — #RANT // Personal development and other self help can be tied to YouTube channel growth. Comparing yourself to others can get toxic, comparing yourself to others can be counterproductive and can lead to stress or burn out.

YouTube is a huge beast and every youtuber is different. Your age, your location, your age, you sense of humour, your content, your demographic, your thumbnails… the list is endless.

All of these differences can have a small or a large effect on your channels growth and your audience. Comparing yourself to rivals or larger youtubers can lead to improper comparison and can lead to you feeling like you are under achieving.

Maybe you need to level up you website game? Maybe you neglected your site and need an update like smm-th.com

ONLY COMPARE YOURSELF TO YOURSELF — The only personal you should be competing with is yourself. Look at yourself last week, last month, last year and see how you can improve to beat that. beat yourself 52 weeks in a row and you’ll be 52x better than you was a year ago.

GO OUT THERE, & START CREATING!