Chapter
Why You Shouldn't Take Advice from a Millionaire
51:26 - 53:13 (01:47)
The speaker argues that millionaires tend to go into conservation mode, while billionaires focus on expansion. He also advises people to pay attention to their money every day and to not stop taking risks as their wealth grows.
Clips
Millionaires are often scared and uncertain about their wealth.
51:26 - 52:15 (00:49)
Money
Summary
Millionaires are often scared and uncertain about their wealth. Those who want to make more money should remember to take risks and avoid taking advice from people who are already millionaires.
ChapterWhy You Shouldn't Take Advice from a Millionaire
Episode905 Grant Cardone: Overcome Insecurities and Build Your Billion Dollar Brand
PodcastThe School of Greatness
The difference between billionaires and millionaires is that the latter tends to go into conservation mode while billionaires just keep expanding.
52:15 - 53:13 (00:58)
Personal finance
Summary
The difference between billionaires and millionaires is that the latter tends to go into conservation mode while billionaires just keep expanding. It's important to pay attention to your money and look at your accounts every day if you want to grow your wealth.