THIS entrepreneur was able to turn $100 into $10,000 in ten days thanks to pure hustle with no contacts and a beat-up car.
The lifestyle Grant Cardone, 64, lives is miles different from the one he had growing up and he enjoys flaunting his million-dollar penthouses and private jets on social media.
He starred in the second season of Undercover Billionaire, a television show challenging successful business owners to create a $1million business in 90 days or less.
During the show, you’re only allowed three things to get started: a beat-up car, a phone with no contacts and $100 in cash.
Cardone was placed in Pueblo, Colorado, far from his high-rise penthouse in Miami.
Somehow, he was able to turn $100 into $10,000 and the first step he took was trying to make contacts as soon as possible.
In a bold move, Cardone, who changed his name to Lewis Curtis during the challenge, asked the owner of an RV rental business to sleep in one of his trailers.
The next day, he asked about potential business opportunities in the area and gets the contact info of a business owner named Matt, who ended up becoming Cardone’s main business partner during the challenge.
After setting up contacts, Cardone then pitches himself at Matt’s gym, asking him “How can I help?”
People might be skeptical of you first, especially if they don’t know you – as was the case between Cardone and Matt, but Cardone continued and believed he could provide value to Matt.
Cardone presents a master trick: working for free when you start off.
According to Cardone, this shows your partner that you’re putting the business first instead of yourself.
And, once you show that you can deliver on a promise, it becomes easier to ask for a bigger paycheck than what you would’ve asked for at first.
However, proving yourself means more than just words.
Cardone was able to get a $5,000 marketing budget from Matt, who also owns a mattress store, however, Cardone was struggling when no customers showed up.
To remedy the situation, Cardone went out on the main road with a sign and dressed in his pajamas which attracted several drivers’ attention.
This resulted in $12,000 in sales during that day.
Matt and Cardone were able to make a formal business agreement, giving Cardone 15 percent commission on any sales he brought in.
Cardone walked out of that meeting with a $10,000 check after the pair agreed on a cash advance.
In just 12 days in Pueblo and 10 days on the job, Cardone had earned himself his $10,000 goal.
“Never lower your target,” said Cardone. “Increase your actions.”
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