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How To Be A Millionaire By 30

May 29, 2014 48 Comments

Getting rich and becoming a millionaire is a taboo topic. Saying it can be done by the age of 30 seems like a fantasy. It shouldn’t be taboo and it is possible.

At the age of 21, I got out of college, broke and in debt, and by the time I was 30, I was a millionaire. Here are the ten steps that will guarantee that you will become a millionaire by 30.

  1. Follow the Money. In today’s economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.
  2. Don’t Show Off - Show Up.  I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income.  I was still driving a Toyota Camry when I had become a millionaire.  Be known for your work ethic not the trinkets that you buy.
  3. Save to Invest, Don't Save To Save. The only reason to save money is to invest it.  Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything - not even an emergency.  This will force you to continue to follow step one (increase income).  Still to this day, at least twice a year I am broke because I always invest my surpluses into ventures I cannot access.
  4. Avoid Debt  That Doesn’t Pay You. Make it a rule that you never use debt that won’t make you money.  I borrowed money for a car only because I knew I could increase my income. Rich people use debt to leverage investments and grow cash flows.  Poor people use debt to buy things that make rich people richer.
  5. Treat Money Like a Jealous Lover.   Millions wish for financial freedom, and only those that make it a priority have millions.   To get rich and stay rich you will have to make it a priority.  Money is like a jealous lover.  Ignore it and it will ignore you or worse, it will leave you for someone who makes it a priority.
  6.  Money Doesn’t Sleep.  Money doesn't know about clocks, schedules or holidays and you shouldn’t either.  Money loves people that have great work ethic.  When I was 26 years old I was in retail and the store I worked in closed at 7pm; most times you could find me there at 11pm making an extra sale.  Never try to be the smartest or luckiest person; just make sure you outwork everyone.
  7. Poor Makes No Sense. I have been poor and it sucks. I have had just enough and that sucks almost as bad.  Eliminate any and all ideas that being poor is somehow ok. Bill Gates said to a group of college grads, "its not your fault if you were born poor, it is your fault if you stay poor."
  8.  Get a Millionaire Mentor.  Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group.   I have been studying millionaires in order to duplicate what they did.  Get your own personal millionaire mentor and study them.  Most rich people are extremely generous with their knowledge and their resources.
  9. Get Your Money to Do the Heavy Lifting. Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work.  If you don’t have surplus money you won’t make investments. The second company I started required a $50,000 investment. That company has paid me back that $50,000 every month for the last ten years.  My third investment was in real estate where I started with $350,000, a large part of my net worth at the time.  I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps and your money must work for you and do your heavy lifting.
  10. 10X Millionaire.  Shoot for $10 million not $1 million. The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.
Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich quick schemes, be ethical, never give up and once you make it, be willing to help others get there too. Let me know when you get there. Be great. Nothing else pays.

48 Responses

Alex Todd
Alex Todd

November 01, 2016

great advice Grant, anyone can make it – I love that you are telling people that you were once like them!

Sarah
Sarah

November 01, 2016

Hey Grant!
This was such an inspiring article as most of yours tend to be. I am currently in grad school at Nova Southeastern University in Florida and learned about you when my adviser forwarded us information about working for you via “Whatever It Takes.” Ever since I have been so fascinated by you and your message. There are few other skills I find as influential and essential to a person’s life than sales.
Thanks for your continued expertise and motivation!!

David Sharp
David Sharp

November 01, 2016

This is great stuff Grant. I have two 20 year old guys that take photos for me that I read this article to and it excited both of them. I’m a little older than 30 but I it got me excited too. It’s never to late to start, right?

Mike Warwick
Mike Warwick

November 01, 2016

The two biggest mistakes I see people under 30 making today are ruining their credit with frivolous purchases and drowning themselves in student loan debt. Great advise Grant!

Fitness Marketing
Fitness Marketing

November 01, 2016

This was the best newsletter article that I have read about being intelligent with one’s income in years – maybe ever. Great advice and 100% accurate. Keep up the great work and keep kicking ass!!! You are doing an amazing job!!!

Alex Serrano
Alex Serrano

November 01, 2016

Thanks for the article Grant. Good go!

Gareth Want
Gareth Want

November 01, 2016

It will be 40 for me!

Vlad Mkrtumyan
Vlad Mkrtumyan

November 01, 2016

Great post Grant, some solid advice.

Bobby
Bobby

November 01, 2016

How can I not just send you money?? I own all your materials and feed on them daily and now this, for free?? I’m a 10X Beast and the way I will pass on the value is bringing my testimony to you in October 2017 when the $10 million milestone is reached. It will be worthy of a paragraph in the book you will be writing at the time. Just since I received my Cardone 10X SHOT in Florida at the October 2013 seminar, I have blown up my businesses 4X. Thanks for the constant flow of 10X mindset and lifestyle. I applaud you, you freaking BEAST! Jesus and Cardone 10X, my daily bread, my life abundant!

Ian Adams
Ian Adams

November 01, 2016

Hey Grant – If you work hard toward the goal of increasing your monthly income from $3K to $20,000 per month. How long do you think is a reasonable amount of time to achieve it?

Steve Spillman
Steve Spillman

November 01, 2016

Grant, great post! No magic bullets, just har work and good sense. Happened on ‘10X’ book yesterday. Almost finished with it. Excellent work!

Mel Jones
Mel Jones

November 01, 2016

Very inspiring and practical method of getting rich. I have been following my millionaire mentors and this is exactly how they live their lives. Thank you Gratn! -BEAST

Jesse
Jesse

November 01, 2016

Would it be weird to get the 10x for my first tattoo? Great stuff Grant I can’t wait to apply this!

Gladysmaan Gascon
Gladysmaan Gascon

November 01, 2016

Hi Grant this great tips really helps TIA :)

Dave Robards
Dave Robards

November 01, 2016

Fitness Marketing you’re right, this article is amazing. Just wait until I show you what else we can do to 10X your business. Call my office today and ask for me at 310-777-0255.
I’m looking forward to your call!

Dave Robards
Dave Robards

November 01, 2016

Bobby The Beast! I’m the sales and marketing manager for Grant and we had a discussion about you this morning in our meeting. Grant asked me to reach out to you and make sure I am helping you 10X style. What is your cell number?
You can reach out to me today at 310-777-0255 looking forward to speaking with you today and your continued success!

Dave Robards
Dave Robards

November 01, 2016

David, My name is Dave Robards and Grant asked me to reach out to you because of your comment. I am the sales and marketing manager for Grant. What is your cell number?
You can reach me at 310-777-0255 Let’s talk today!

Grant Cardone
Grant Cardone

November 01, 2016

Get all four books Steve and you’ll be well on your way to financial freedom!

Grant Cardone
Grant Cardone

November 01, 2016

Thanks Vlad!

Grant Cardone
Grant Cardone

November 01, 2016

Thanks Sarah!

Dave Robards
Dave Robards

November 01, 2016

Ian, Great question! Give me a call at my office today and let’s have a real conversation about being reasonable and unreasonable.
310-777-0255 Dave Robards Sales and Marketing Manger Cardone Technologies.

Lockwood Maids
Lockwood Maids

November 01, 2016

Grant,

Me and my wife own and operate a small cleaning business. What would be some good ways to get 10X attention in our market here. I have already started a Facebook page, a website, a business location on Google, Bing, and Yahoo maps. Also we are on craigslist and Yellowpages

Thanks!

Grant Cardone
Grant Cardone

November 01, 2016

Skip the tattoo and just apply the 10X. You’re well on your way!

Tyler
Tyler

November 01, 2016

Thanks for this little shot of advice Grant. I’m new to the automotive sales industry but, I can see myself applying these all directly to where I want to be in 7 years. I’ll be the next Cardone, you’ll see.

Salvador
Salvador

November 01, 2016

Grant, awesome article!

One quesiton, in number 3 and 9, what type of investments are you talking about?

Ian Adams
Ian Adams

November 01, 2016

I’d enjoy that Dave. I’ll give you a call early next week.

Andrew Philbrick
Andrew Philbrick

November 01, 2016

Read 10x Rule. Grant talks about being “reasonable”

Kellvyn Atary
Kellvyn Atary

November 01, 2016

Great artilhe man!

I’m 22 and I’m from Brazil. I have been following the work of Grant, now I understand a little English. I am motivated to learn and become millionaire before I was 30. I started a website to pass on to my friends in Brazil in Portuguese.

I’ll be rich. To our success!

Tyronne Ratcliff
Tyronne Ratcliff

November 01, 2016

I’m 36 right now,I’ll be a millionaire by 40. Maybe even sooner! Have a good one.

Matt
Matt

November 01, 2016

Great job Grant! Keep up the great work, we are with you my friend. Thank you for educating and having a great impact in peoples lives. You have greater impact than you might think. People are getting encouraged by your teaching. They are pushed forward and progressing. You are producing great social work while you are pursuing your business. This is what we need in this country. Congratulations!

Patrick Byrnes
Patrick Byrnes

November 01, 2016

Grant,
Great Article! I am a 26 year old sales manager at a marketing firm and I watch your videos and read your articles daily. I have my girlfriend hooked on them as well. Keep up the inspirational work.
Thanks for the help!

Patrick

ronel labuschagne
ronel labuschagne

November 01, 2016

I am a Real Estate practitioner and your site is one of my regular go-to places for inspiration. I use two hours of my day researching, reading and learning from others and you are one of the best. Thanks for always inspiring posts.

ronel labuschagne
ronel labuschagne

November 01, 2016

I have noticed that whenever someone comments, another of your office gets instruction to reply and make contact. That is the best way of networking and just underlines the fact of excellent service and feedback which let people come back again and again to your site. Very inspiring.

Ronald Joseph Kule
Ronald Joseph Kule

November 01, 2016

Pick something you really like and learn all about that until you KNOW it cold. Apply what you know — this requires both responsibility and control. Fortunately, the more you know, the easier the other two become.

Grant Cardone
Grant Cardone

November 01, 2016

Thx Patrick!

Grant Cardone
Grant Cardone

November 01, 2016

Thanks Matt!

Grant Cardone
Grant Cardone

November 01, 2016

Awesome!

Grant Cardone
Grant Cardone

November 01, 2016

Awesome man!

Grant Cardone
Grant Cardone

November 01, 2016

Call my office and we’ll get you some resources to help you out. (310) 777-0255

Grant Cardone
Grant Cardone

November 01, 2016

Awesome man!

Grant Cardone
Grant Cardone

November 01, 2016

That’s great Ronel, thanks!

Grant Cardone
Grant Cardone

November 01, 2016

You’re welcome Sarah! Be great!

Kellvyn Atary
Kellvyn Atary

November 01, 2016

Thanks, you retweet me 2 times in Twitter. 1 time for my Portuguese article and 1 time one your quote.

:D

G. Bryan Dobbs
G. Bryan Dobbs

November 01, 2016

I like the concept of focusing on making money and not worried about earning to pay bills. I’ve been watching a lot of your videos over the past 3 days on You Tube, great fire! I could use 1000x to my business. I am recently divorced, daughter that I love with all my heart lives 2000 miles away, I had to move in with my Mom, I turned 37 a month ago. Life couldn’t suck any worse B-) I still get girls interested, it’s just that I have no money to take them out, no car to drive them, and again I live with my Mom. If that isn’t a status of a loser, what is?!!? I’ve been hustling to get real estate sales with no money to spend. I’m getting leads and business without paying a dime for anything. How can you help me 1000x my business, so I can get a effin car, some money, and go on a date for Christ sakes?

Andrew Johns
Andrew Johns

November 01, 2016

Hi Grant, great post! I am 25 years old, I have started my second business here in Windsor Ontario and I am looking for a mentor, I am asking the expert do you know anybody in the area who can fill this position? How about the big man himself, will you mentor me? To date I’ve made it through your audio book “Sell or be sold,” and have just started your 10X.

JessicaHxoxo
JessicaHxoxo

November 01, 2016

Hey grant! Help. My fiancé thinks my financial dreams are nothing but greed. That scares me. How do I help this situation?

Nelson
Nelson

November 01, 2016

Great motivation article, I’ve started an answering service business " Web Focus LLC " and I am on the hustle to get my first 100 clients and I have to stop worrying so much about making enough to pay my freakin bills. Good stuff!

Jaylon Williams
Jaylon Williams

November 01, 2016

Hmmmm great article, but I’ve read this same exact material somewhere else.. Who cares! Still great motivation.

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