Most books on the topic have a slow start and it takes about 20 pages in before you start learning anything. But The Millionaire Booklet hits the ground running with 10 Chapters and only about 3-4 pages each. Getting straight to the point of a millionaire mindset.
We’re going to review The Millionaire Booklet to decide if it really is the best Real Estate book out there.
We’ll talk about whether Real Estate is the right business for you.
At the end, I’ll answer some of the most frequently asked questions regarding The Millionaire Booklet and Real Estate in general.
And most importantly, I’ll show you the exact system I used to build my own internet marketing business to over $40,000 a month in mostly passive income.
This system made me swear off Real Estate for good, because it uses some of the same skills in a much more powerful and profitable way!
Who Is Grant Cardone?
As a well known magnate, author and speaker on the topics of Real Estate Investing and Business, Grant Cardone started from nothing to build 5 privately owned organizations that make him a total over $100 Million per year.
As a real estate investor, he owns over 3,900 apartments all across the United States with dealings of more than $550 Million.
Grant is constantly in contact for Fortune 500 organization like Facebook, Berkshire Hathaway, Google and others. He’s among the top 10 specialists in the arena of Social Media and has the premiere Sales Training organization world wide today.
The Millionaire Booklet
The Millionaire Booklet was one of the few great books (and audio books) that I read by Grant Cardone. In this short book on how to become super rich, he breaks down the steps to becoming a Millionaire and getting rich. There is no doubt in his mind that any person, regardless of their situation or middle class status, can follow the financial advice he provides and become a millionaire.
So let’s dig into His story and what he believes about becoming a Millionaire.
Getting Rich Is Not A Fantasy:
To start off, Grant lays to rest the notion that becoming a millionaire is something that you luck into. In fact, wealthy people come from all different backgrounds in life. The main culprit as to why most people don’t get rich is that they didn’t know they could. They were among those that were told to be content with their current situation. Most people are stuck in the middle class mind.
For that matter, people have very little knowledge about how to get money, even less about how to save and multiply it. In fact, in one of the wealthiest countries in the world, here in The United States, 76% live hand to mouth, 50% have nothing saved for their golden years, and 47% have less than $500 saved for a rainy day.
He thinks it’s laughable that people believe you attain financial independence by saving your money.
“I’ve heard people tell me that they save $700 a year by not going to Starbucks”, Grant writes. “But saving $700 a year for the next 50 years won’t make you rich… you’ll just be old.”
Be Careful Where You Get Your Advice
The main problem that many run into is the financial advice they get. The advice that some get about money usually comes individuals that don’t have any or have just accepted the fact that they’re poor. Others we get advice from don’t even believe it’s possible to be wealthy. For some of us, our parents didn’t teach us the mechanics of making money. So, He suggests that we get our advice from individuals who’ve made huge amounts of money and are financially free. The people who influence you will effect the millionaire status.
The Millionaire Decision
Becoming financially free is a matter of offense instead of defense. Getting rich is a matter of building and income stream multiple times over, not by clipping coupons from your local newspaper. You increase your income by creating assets that make money. And those assets make money by taking measured risks.
Grant talks about this in his book, the steps we should take to become a millionaire, which include getting rid of our middle class mindset and developing the mindset of millionaires… how to become a leader and not a follower, use millionaire math. Frankly, is child’s play to get rich, but it’s nearly impossible if we’re in the wrong mindset. Most individuals don’t even realize that they’ve even made a million dollars throughout their life.
You can certainly make money with Real Estate, but if you’re gonna put in the amount of grueling work to become a real estate investor (which, trust me, isn’t easy), you might as well bring in some REAL money.
The program that helped skyrocket my online business to $40,000+ per month teaches some of the Real Estate skills, but shows you how to monetize them in a much, MUCH more profitable way.
Grant talks about why you should “Stay Broke”. He drives this home because the sure fire way to lose your desire for getting rich by spending all your newly created money on the comforts of life.
Instead, you should take that money and invest it as soon as you can. If not, you’ll fall behind in your goals of creating financial independence for your kids and grandkids.
So, when you start making money… stay broke! Force yourself to keep doing what you did for that success.
Save To Invest, Don’t Save To Save
So, it’s time to get started. Grant’s hard and fast rule is that you save to invest in order to get super rich. Most individuals don’t even prepare. Just think of all the time that people had to chance to invest, but didn’t have the necessary funds.
Sometime we’re just too timid. You need to create a situation where income flows back your way. But the only way to do that is if you have enough cash on hand ready to invest… and invest big.
You can’t be reckless though. You have to be confident enough to wager it all and lose the money knowing that you and your family will be ok if your investments fail. If you have previous income flows, then go for it. Otherwise, keep saving.
Multiple Flows Of Income
The mistakes that the middle class makes is that they spend their money as soon as they get. The rich, on the other hand, look for ways to create multiple flows of income. This is the holy grail of true wealth and financial independence.
Grant also notices that people who have created multiple flows of income tend to leave that flow for a different flow that has nothing in common with the original one.
He often tells his students that if you’re going to create a new flow, don’t leave your previous income flows high and dry. Always look for ways to improve them.
Repeat, Reinforce And Hyperfocus
The idea behind this is that you always look for ways to improve yourself and your environment… even if that means your friends and family members. Now that doesn’t mean you need to avoid them, just add new people to your circle of influence. Your old friends will likely stop coming around.
Of course, all of us would like to join the upper echelon of wealth builders. But to do this, you have to socialize and build rapport with the type of individuals you want to be like.
To build you circle of influence, find the people in your group that are really successful. People that spend most of their time on self-improvement, who are active in causes, and who make it a point to make their lot in life better rather than always looking at the negatives.
Grant wrote the Millionaire Booklet so that you can always have it as a quick reference until the day you become a millionaire. He’s laid out eight steps that’s in a simple to understand language.
For most of us, our parents didn’t have the knowledge to get rich and the Schools, Colleges and Universities only teach you how to get “good paying careers” and work for the man, which is buy design. And more and more people are finding themselves falling below the poverty line. But somehow, people are still getting rich and getting rich at a steady pace.
Do yourself a favor, get a copy of The Millionaire Booklet… heck, buy a few copies for your friends and build your own Millionaire Booklet Mastermind group so that you can help one another reach your goals together.
“Money seems to flow to those who give it the most attention and take the most responsibility for it.”
– Grant Cardone
When it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming a Real Estate Investor, you’ve got way better options than The Millionaire Booklet.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think Real Estate Investing is a great business model, but you could end up leaving way too much money on the table.
Our review team has come across a program that takes real estate and online marketing to the next level!
The things is…
This is not a Real Estate program in the conventional sense… This is digital.
That’s right, Digital Real Estate.
Where The Millionaire Booklet comes up a little short is in the nature of scalability, Digital Real Estate flourishes.
Here’s what I mean…
How Do You Make Money In Digital Real Estate?
In a one man operation, where you trade money for time… even if you make lots of money, even to the tune of $100 per hour or $500 per hour, you’re still limited to only 24 hours in a day.
But what if you could create an income flow over and over again to make more money?
What if in this digital real estate program you could get hundreds of phone calls for work that people need done where you don’t have to answer any of them… but still get paid for each call?
I know it sound crazy, but people are doing this all over the United States and the world.
And people who own small businesses are lining up to see what it can do for them.
So, basically you create small websites, get them ranked high in Google and other search engines. Then we automatically forward those phone calls to local business owners.
We even have technology that can forward phones call to someone’s email.
Now that’s a game changer!
What Is My Top Recommendation For Making Money Online In 2023?
The great things is this business model works for all service-based businesses… like Painters, Tow Truck Drivers, Plumbers, Electricians and more.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With Affiliate Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own customers.
Look at the fine print for most affiliate agreements. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with affiliate marketing, you’d have to double your traffic, double the average order size of each customer, OR double your commission rate. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5) Make Money Helping Real People: This part is what makes it all worth it. With affiliate marketing, you’re selling the product with the best commission rate, NOT the one that’s going to improve the most people’s lives.
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like 3 Step Method which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.