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Published Feb 23, 2022

"They Want To Keep You Poor!" (BIGGEST MONEY MYTHS) | Grant Cardone & Lewis Howes

Grant Cardone and Lewis Howes debunk common money myths, explore strategies for financial freedom, and emphasize the importance of personal development and accurate financial education in achieving success.
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Episode Highlights

  • Investing

    Grant Cardone emphasizes the importance of continuously investing in oneself to achieve financial success. He shares his personal journey of reinvesting earnings into self-improvement and marketing, which eventually led to substantial income growth. Cardone believes that the cycle of reinvestment is crucial for long-term success and regrets not starting earlier in his career 1 2.

    I think people just need to get on that cycle of, like, okay, I'm going to keep repeating this activity. I'm going to reinvest some money in myself, go to the workshop or whatever.

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    Lewis Howes agrees, noting that many people save money instead of investing it in personal growth, which can hinder their financial progress 1.

       

    Balance

    Finding the balance between aggression and allowing things to flow naturally is a key theme in Cardone's approach to business. He discusses the challenge of maintaining his competitive edge while also embracing empathy and a more relaxed approach 3. Cardone reflects on his journey from being overly aggressive to seeking a more balanced and sustainable way of achieving his goals 4.

    If I could get that perfect balance of aggression and flow.

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    Lewis Howes acknowledges this balance as a 'dance,' highlighting the importance of both aggression and empathy in business 3.

       

    Spirituality

    Cardone explores the connection between spiritual beliefs and material success, arguing that being spiritually grounded can significantly influence financial decisions. He believes that spiritual seniority should naturally lead to control over material wealth 5. Cardone also discusses the importance of democratizing investments to help more people achieve financial success 6.

    The spiritual, to me, is senior to the material. So if you're spiritually senior, then you would have control of the material.

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    Lewis Howes supports this view, noting that spiritual grounding can provide a strong foundation for making wise financial choices 5.

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