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Episode 778 · May 17, 2023

10X Business Growth: Grant Cardone on Marketing, Cash Flow, and Thinking Big

Grant Cardone
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George Wright III, host of The Daily Mastermind, has spent 25 years growing brands and businesses for some of the world's top thought leaders. In this episode, he shares highlights from an exclusive interview that entrepreneur and business expert Jed Morley conducted with Grant Cardone for the cover of Valiant CEO magazine. What came out of that conversation is a masterclass in how to think bigger, market smarter, and build a business that actually lasts.

Grant Cardone is an entrepreneur, author, and CEO of a multi-billion dollar business empire. He has written 21 best-selling programs, runs the 10X Business Conference, and has been named by Forbes as the number one marketer to watch. If there is anyone worth paying attention to on the topic of business growth, it is him.

How Grant Cardone Defines Success Right Now

When Jed Morley asked Grant what success looks like for him this year, the answer was revealing. For a man who already runs a massive empire, Grant said success means 10xing his customer base, investors, and partners. His reasoning is simple: the more people he serves, the more success stories he creates.

That mindset is worth pausing on. Most business owners think about sustaining what they have. Grant is thinking about multiplying it. The question he is really asking is not "how do I maintain this?" but "how do I serve ten times more people?" That shift in perspective is available to you right now, no matter the size of your business.

What Advice Grant Wishes He Had Received Earlier

Asked what he wished someone had told him earlier in his career, Grant gave an answer that surprised many people. He said:

I wish someone had helped me with financial targets and thinking big.

Not tactical advice about hiring or systems or fundraising. Thinking big and financial targets. He later pointed out that understanding finance was what he needed to scale the business. The lesson here is that vision and financial literacy are not separate conversations. They belong together from the very beginning.

Grant also mentioned that he is an avid reader and that books have consistently added to his knowledge, kept him curious, and fueled his success. No single title stood out above the rest because, in his view, they have all contributed.

The Two Biggest Challenges in Business Today

George found this part of the interview especially valuable because it aligned with the exact reason he built The Daily Mastermind. When asked about the greatest challenge facing businesses right now, Grant said:

The biggest challenge in business today is twofold. One, getting out of the obscurity with the public so that they trust you as a business entity and service. And second, the biggest problem is cash flow. Most people have no clue how to manage cash flow. Many don't even know how to create it. And most, if not all, have no clue how to scale it.

Obscurity and cash flow. These are not glamorous problems, but they are the ones killing most businesses. You can have a great product, a talented team, and real potential, and still fail because no one knows you exist or because you cannot manage the money coming in and going out.

George points out that he has watched successful businesses collapse not from lack of sales but from lack of financial discipline. Killing it on revenue is not the same as surviving. Cash flow is the oxygen of the business.

Why Marketing Is the Most Neglected Activity in Business

Grant's most memorable moment in the interview came when he described marketing as the number one most misunderstood and neglected activity in business. He said that as an executive, his number one role was always to function as a promotional facility, and that his number two and number three roles were the same.

People need to know who you are and what you do. That is the whole point. It is not enough to be good at what you do. If the people around you, your customers, your network, your social channels, cannot clearly articulate what you offer and why it matters, you are invisible. And invisible businesses do not grow.

This is a message George returns to again and again on The Daily Mastermind. Clarity in your marketing is not a nice-to-have. It is the foundation of everything else.

Grant Cardone's Three Business Superpowers

The interview closed with Grant reflecting on what he considers his own superpowers as a business leader. He named three: marketing, persistence, and target attainment.

Each one connects to the others. Marketing gets you known. Persistence keeps you going when results are slow. Target attainment means you are actually executing on specific goals, not just showing up and hoping for the best. George's word for this last one is execution. Are you focused on deliverables? Are you hitting real targets, not just putting in the hours?

Action Steps

  • Audit your thinking: are you asking how to sustain your business, or how to 10x the number of people you serve? Shift the question.
  • Set financial targets alongside your vision goals. Thinking big and financial literacy work together, not separately.
  • Get out of obscurity. Ask yourself: do the people around you clearly know who you are and what you do? If not, fix that first.
  • Review your cash flow position. Can you manage it, create it, and scale it? If any of those three are unclear, make it a priority this week.
  • Pick one marketing action you have been neglecting and execute on it. Consistency in promotion is what separates businesses that last from those that disappear.

Success leaves clues. Grant Cardone has built one of the most recognized business empires in the world by thinking bigger than almost anyone else, staying persistent, and making marketing his number one job. You do not need to reinvent the wheel. Study the people who have already done what you want to do, follow the patterns, and take action. It is never too late to start living the life you were meant to live.

About the guest

Grant Cardone

Grant Cardone Grant Cardone is an American entrepreneur, real estate investor, sales strategist, and motivational speaker. He is the founder and CEO of Cardone Capital, a real estate private equity firm with billions of dollars in assets under management, and the creator of the 10X philosophy, which emphasizes taking massive action and achieving goals. Cardone is also a New York Times bestselling author of multiple business books, a frequent keynote speaker, and the host of popular business and entrepreneurship programs and events worldwide.

READ THE FULL TRANSCRIPT

All right, welcome back to The Daily Mastermind, your daily dose of inspiration, motivation, and education. My name is George Wright III. I am your host. And over the past 25 years, I've been growing brands and businesses for some of the biggest thought leaders and celebrities and experts in the world, all names that you would recognize. But I created The Daily Mastermind so that I could share some of the lessons that I've learned and help individuals, entrepreneurs, high achievers, just like you, unleash your true potential. But to create your best life, you've got to focus on growing all aspects of your life and business, including your mind, your body, your money, business, lifestyle. And the Daily Mastermind is designed to help you do just that. I'm here on a consistent weekly basis so that you can get that mental discipline, keep that consistency into your daily rituals. So some days I'm going to provide you with a short 5-10 minute episode it might be thoughts ideas book summaries and other days I'm going to be interviewing guests like a series of experts that are going to be coming up so you can kind of get the behind the scenes and strategies and inspiration that'll help you based on what they have gone through in business and so today I want to share with you an exclusive interview we did with Grant Cardone that's right Grant Cardone but first let me just give you the quote of the day which happens to be from Grant Cardone And the quote is, marketing is the number one most misunderstood and neglected activity in business. And that is going to be an overall theme of today's episode. So let's talk about our exclusive interview with Grant Cardone. So many of you know that I'm an author and a contributor to a magazine called Valiant CEO. And it's valianceceo.com, online readerships, over 100,000 unique readers monthly. In fact, last month we went over 700,000 unique readers. But I had the opportunity just over the last few weeks to interview some pretty big names in the industry like Marcus Limonis from The Prophet on NBC and Nick Santanastasso and a few other big names in the space. They're all names that you've seen on podcasts and things out there. And the magazine has allowed me to be able to do that. And last month, one of the guys that I work with in several business ventures, Jed Morley, had the opportunity to interview Grant Cardone. And it brought out a ton of great thoughts, strategies, and tips that I thought I would share with you today on this episode. So now for those of you who don know who Jed Morley is he a super successful entrepreneur He a speaker an expert in the payments and merchant processing space but he also owns several businesses and he just an expert when it comes to growing your business revenue And so he did a phenomenal job. He did a great interview. He interviewed Grant Cardone for the cover, actually, of the March issue of Valiant CEO. You can check it out on the website. And I thought the interview had some really, really good points. And so I'm just going to highlight a few. And for those of you who maybe have been living under a rock, Grant Cardone is an entrepreneur, author, and CEO of a multi-billion dollar business empire. I mean, he's written like 21 best-selling books, programs. His 10X program and 10X movement, as well as the 10X Business Conference, is literally the mega business event of the year. And he's also been named by Forbes magazine as like the number one marketer to watch. So he's got an amazing background. Now, Grant says that he's right now in the best shape of his life. You know, he's just launched 10X Health. He's unveiling multiple reality TV shows, you know, and docuseries covering entrepreneurship and business topics. He really wants to get this resurgence of business going. And so if you want to check out the full article, just go to valianceceo.com. I'm not going to cover all of that here with you today, but there were several things that I felt were really worth highlighting. And Jed did an amazing job with this interview. And I'm hoping that these ideas are things that can help you to 10x your business and your life. So the first thing that I kind of wrote down, the first note I had was that Grant said that success for him this year means, and listen to, think of who's saying this. So Grant said that success for him this year means that they would 10x their customer base, investors, and partners. He feels that the more people he serves, the more success stories they'll have. Let's think about that for a second. This guy has a mega, mega business, and he's talking about 10xing his business this year. This is great advice for you and your business and everything else. How big are you thinking? How much are you trying to both think big, but also think about serving more people? Because the more people you serve, the greater the success stories, obviously the greater the business is going to be, and so on. So I thought that was pretty interesting. Second, I wrote down that Grant also was asked what advice he wished he had received earlier on in his business journey. And there could have been so many different ways this went, but this is what he said. he said quote I wish someone had helped me with financial targets and thinking big it so interesting that he would point out thinking big again and also you know the practicality of understanding finance because he later said that he needed that financial to scale the business So think about that for a minute. The advice he wanted was how to think bigger. He really understands that the power of your thoughts and the power of your tactics are also going to make a difference for you. Now, I'll also note that Grant mentioned he is an avid reader, and there wasn't any one particular book that really stood out to him because they've all added to his knowledge. He said that, you know, knowledge, success, staying curious about business, those are all keys and why he's an avid reader. And so I think that Financial Targets and Thinking Big was a very, very unique answer for that, coming from a guy who really has had massive success. And the third thing I wrote down that I really liked that Jed asked Grant this question, he said, what is, in his opinion, the greatest challenge in business right now? Now, this could have gone anywhere, right? The marketplace, the economy, whatever it is. But this is what he said. I'm going to just quote it for you. Grant said, the biggest challenge in business today is twofold. One, getting out of the obscurity with the public so that they trust you as a business entity and service. So not being so obscure in business, but getting out of the obscurity so that they will trust you. Your customers will trust you as a business entity or service. And second, the biggest problem is cash flow. Most people have no clue how to manage cash flow. Many don't even know how to create it. And most, if not all, have no clue how to scale it. And so I really thought this was a thousand percent right on the money. No pun intended. Because the reason that I formed the Daily Mastermind was to offer knowledge and education that I felt most people don't have, right? Personal development, financial education, and business mastery. I don't think even successful entrepreneurs that have stumbled across success understand how to manage cash flow in their business. And they waste their funds and opportunities. How many of you know businesses that were killing it and are no longer around? Or did amazing sales but didn't last or the test of time, right? And so cash flow and obscurity, those are some interesting answers. Remember, this is coming from a guy who has been there, done that, come from rags to riches, really created a mega empire. And my favorite part of the interview by the way was when Grant talked about marketing being the number one misunderstood and and neglected activity in business Because you know and I try to think of like what does he mean by that Like misunderstood and neglected activity. Well, he went on to say that the number one role as an executive for him was always to be a promotional facility. He even said his number two and number three role is but this is the point people need to know who you are and what you do so think about it for a minute with your business do people around you the people you care about the people you're surrounded by your social media your LinkedIn the businesses you come in contact with are they super clear who you are and what you do because if not you're not doing the number one thing that marketing does and that is to clearly set those expectations and knowledge points with your customers now the interview ended with grant talking about his business superpowers and I also kind of like that he talked about his superpowers being marketing persistence and target attainment I love that because that's super wise advice because most people might get wrapped up in marketing or you know PR persistence or commitment and discipline but are you targeting something or you focused on target attainment I like to call execution execution deliverables you know these these are all things that I think you know look I hope these ideas are things that give you a little bit of background ideas inspiration things to think about or more importantly to focus on because success leaves clues success leaves clues so stop trying to figure it out on your own and start to follow or be mentored by successful people like Grant Cardone and if you do that you're gonna find that you don't have to reinvent the wheel you can just follow the patterns of creating your thought focusing on marketing things all the stuff that we talked about grant kind of mentioned and one more thing share the show share this episode I'd really appreciate it and I know others would as well because we're trying to get that information out to everyone and you can go check out valiantceo.com V-A-L-I-A-N-T because there's a lot of other great articles and interviews from Jed Morley and his team. And I've got a few of these interviews, like I said, coming up as well. So that's the message I have for you today. I hope you have an amazing day. I look forward to talking with you more tomorrow. And once again, it's never too late to start living the life that you were meant to live. Take action today and you'll see some great things happen. Talk with you soon. Thank you.

About the host
George Wright III, host of The Daily Mastermind

George Wright III

George Wright III is an entrepreneur, investor, and the host of The Daily Mastermind. Over more than two decades he has founded and scaled several multimillion-dollar companies and built a renowned seminar business that put some of the world's biggest names and brands on stage. With 25+ years across marketing, sales, and executive leadership, he's made a career of turning bold ideas into results — and momentum into lasting growth.

Today his mission is singular: empower driven entrepreneurs everywhere to master their mindset, unlock their potential, and live their ultimate destiny. Through The Daily Mastermind, George shares the Prosperity Principles and strategies that help people create massive change — in their business and in their life.

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