Dr. Grant Cardone graduated from the Schulich School of Medicine and Dentistry in Toronto in 1984. He began his career as a car salesman and later turned to real estate investing. At 29, he leveraged his debt and became a millionaire. Here are his three secrets to leveraging debt. Read on to discover the secrets of this successful entrepreneur. Then, watch his inspiring video to learn more. Listed below are the three secrets of Dr. Grant Cardone’s success.
Dr. Grant Cardone graduated from the Schulich School of Medicine & Dentistry in 1984
Today, Grant Cardone is one of the most successful sales trainers, speakers, and authors in the world. He has worked in the automotive industry and real estate and has even built a $5 billion portfolio of multifamily properties. He was named the #1 marketer to watch by Forbes Magazine. He was also a medical doctor who graduated from the Schulich School of Medicine & Dentistry in 1984.
He started his career as a car salesman
After college, Grant decided not to pursue a career in accounting and moved to California. He was hired by a sales training company and traveled across the country. He settled in Houston, Texas for five years before moving to La Jolla, California. He then spent another 12 years in Los Angeles before finally deciding to stay put in New York. After his recovery, Grant began to invest in real estate. Today, he manages over $2 billion in real estate.
As his business grew, so did his income. During his car-selling career, Grant Cardone gained invaluable experience in selling cars and other goods. He learned how to persuade and influence people. He doubled his monthly income. His success made him realize that knowledge is the best asset for success. He is now the CEO of Freedom Motorsports Group Inc., as well as Cardone Enterprises, Cardone Acquisitions, and The Cardsone Group, where he helps car dealership salesmen become better salespeople.
He started investing in real estate at age 29
The young investor Grant Cardone began studying the business of real estate at the age of fifteen. He visited different properties and acquired an interest in purchasing them. He also enjoys shopping for real estate with his family. Cardone graduated from college with an accounting degree in 1981 and started investing in real estate. He initially delayed buying properties for a few years to make more money and learn the ins and outs of the industry. Today, Cardone has investments in nearly $1 billion worth of US land.
The average person invests around $40,000 in real estate in their lifetime. This means that in 1990, Grant Cardon spent $4,000 to buy a home. He sold it a year later at break-even and used the cash to purchase another home. That house now earns him around $400 a month. This is the perfect example of a young investor learning the ropes of real estate investment.
He became a millionaire by leveraging debt
Leveraging debt is a key component of Grant Cardon’s real estate empire, and the company he runs is based on this principle. Grant Cardone purchased his first multi-family unit when he was 29 years old, and by the time he was thirty-one, he had already made his first million. He began investing every dollar he had left at the end of the month in real estate, generating excellent compound returns. In addition, he started a consulting firm, advising auto manufacturers and dealerships on how to increase sales and profits. With the profits, he began investing in real estate, and today owns between 4,500 and 4,700 multi-family properties throughout the United States.
The company has no outside partners, and Grant owns the majority of his company. His philosophy is to leverage debt as a tool to trade for freedom. Because of this, he has become a multi-billionaire through leveraging debt. His company manages over $2 billion in assets, and Grant Cardon has several multi-million dollar companies under his control. He has an expensive penthouse and six-figure private jet, and a watch collection worth over $1 million.
He is a philanthropist
The Grant Cardone Foundation is a national non-profit organization dedicated to helping children reach their full potential. Cardone, who lost his father at age 10, knew what a negative impact the absence of a father figure could have on a child’s development. That’s why he’s made it his mission to give young adults the guidance they need to succeed. Through the foundation, Cardone partners with community organizations, municipal agencies, corporations, and non-profit entities to provide energy and mentoring to youth.
The author of seven business books, including “Sell or Be Sold,” has become an international social media influencer. Grant Cardone is a devout Catholic and was an altar boy as a child. He also considers Scientology to be a “better way of life.” As a kid, Cardone was fired from seven jobs, but he found a path that allowed him to work hard without stress. During his high school days, Cardone became a popular speaker and enrolled in a $19 Scientology course. He credited Scientology with giving him the confidence to speak in front of large crowds.
He is a devout Catholic
Scientologist Grant Cardon believes in reincarnation and the untapped potential of the spirit, and he’s ready to face the lessons of his past and prepare for the lessons to come. This is a great feat for a man who spent his early life juggling seven jobs. In his later life, however, he found a way to work hard without too much stress. While he was once an altar boy, he’s since moved to Scientology and considers it to be a superior religion.
As a Scientologist, Grant Cardone is proud of his faith. He practices Scientology as a way to find his true self. He also discusses the importance of family and the legacy he leaves behind. He talks about achieving personal happiness and pursuing a legacy. He also shares his beliefs on the importance of spirituality and how to live a fulfilling life. He is a good example of how religion can enhance a successful life.