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20 YearsHelping You Live Richer
Reviewedby Experts
Trusted byMillions of Readers
Grant Cardoneknows a thing or two about success.
Generous with his wisdom, the serial entrepreneur and author has shared many tips to help othersbuild wealth.
If youre interested in growing your net worth, figuring out where to start can feel overwhelming.
Take it slow by following these five easytips from Cardone.
Earn Passive Income
Cardone didnt earn his fortune at a 9-to-5 job.
Instead, he worked hard to generate passive income.
Wealthy people tend to live off of passive income, not earned income, Cardone toldGOBankingRates.
Cardones preferred form of passive income is real estate.
Real estate may not be a fit for you, and thats okay.
so find at least one option that works for you.
Build and Maintain Relationships
Being well connected can help you build wealth.
Therefore, its important to make networking a priority.
Money is a people game, Cardone said in aninterview.
Treating people with respect and showing a genuine interest in them builds trust.
Focus On Steady Returns
Get rich quick schemes rarely end well.
Additionally, he advised steadily investing your money every year to grow your wealth over time.
Building wealth shouldnt be a race to the finish line.
In addition to networking, as noted above, Cardone advised focusing on physical training and self-development.
On his website, Cardone emphasized the importance of physically writing your goals down multiple times per day.
When you do this, it keeps your objective at the forefront of your mind, he wrote.
Its hard to push your goals to the side when theyre right in front of you.
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