The Millionaire Booklet by Grant Cardone


2020, book #32: “People don’t create wealth because they never invest enough in a deal to get a big payoff. Significant wealth creators make big plays, not little ones.” — Grant Cardone

Finished on May 17, 2020

A book that I’ve worked through a few times now. Grant is emphatic, concise, and assertive. He states the point, emphasizes the point, and restates the point. That’s what this book is. It’s like the jockey who whips the horse. We are the horse and this book is the whip. If you read this book and do not want to increase your action levels after its completion I’d be curious if you read the same book that I did.


This is a hard truth but I hope you realize it quickly. The sooner that we can understand and accept that the large majority of people simply do not understand money muchless simple economics, the sooner we can take action and win for ourselves. There are a number of great educators out there — Dave Ramsey to teach debt removal, Grant to teach growth, Robert Kiyosaki to teach wealth, Tony Robbins to teach wealth and strengths, and so many others. There is no shortness of actionable information, there is a shortness of people with any hunger to move beyond their favorite Netflix show and simply take action. In most fields, I honestly don’t think it would take more than 2 to 3 years of dedicated work 80–100 hours a week every week to get in the top 10%.

Pg. 8, Very few people know how to get money, even fewer know how to keep it, and almost no one knows how to multiply it. Just look around and you will see signs of this everywhere.


Discipline. Period. It’s invaluable to set the right foundation and then to practice action towards those goals every single day. It’s day by day and minute by minute but the more that we work and put the right pieces in place, the more that we continue to grow and experience the future that we know we have for ourselves.

Pg. 30, As soon as I started increasing my income, I went to the employer and told him to withdraw 40 percent of my gross pay before taxes and direct deposit those funds into personal accounts I had set up. They said they couldn’t do that. I said, “You do it for the IRS, you can do it for me.” I set up three savings accounts, which I labeled something special, and treated those as sacred future investment accounts. (Never use 401k for these funds).


The common guidance that I see people share now is that we should have $100,000 liquid because that’s the point at which we could really generate some wealth. The same sentiment is echoed when discussing investment accounts. It’s rare for someone to be able to experience sizable gains without at least $100,000 in an investment account. The sooner you can get to $100,000, the sooner that you can experience true wealth. Grant’s point below echoes this. Many people live under the misconception that the home they live in is going to be their greatest investment. When you factor in inflation, maintenance costs (and the associated time), it really does not generate a great deal of wealth — if any — but you can look at the data for yourself and tell me otherwise.

Pg. 34, People don’t create wealth because they never invest enough in a deal to get a big payoff. Significant wealth creators make big plays, not little ones.


Another sentiment that is echoed by so many people. Artists who grew up on the streets, actors who grew up with bigger dreams than their friends, business owners who risked it all and built something — many say that they had to leave their old friends and create new ones. The saying goes, “there are two ways to get the tallest building in the city — build your own building higher or knock down the ones around you.”

Pg. 40, “When you change you may become a threat to all those who don’t.” — Grant Cardone


Simple, clear, real. This book is filled with tangible takeaways that we can focus on at any time. Who are you becoming? Are you growing every day? Are you moving closer to your goals?

I gave this book a 3.5/5

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