Blood in the Streets

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blood in the streets

Fellow 10X’er…

In the 1800s, Baron Rothschild said… 

“The time to buy is when there’s blood in the streets.”

And he obviously believed it.

Because shortly after saying that, he and his brothers began financing the Napoleonic Wars.

Not only financing the wars… 

Financing both sides of the war.

Which is pretty shady business.

But as a result, the family got filthy rich.  I’m talking the kind of wealth that lives on for generations.

In fact, I saw in Forbes the other day that the Rothschild family is worth half a trillion dollars today.

So, I’d say buying when there’s blood in the streets works.

Here’s How You Can Do It

In 2008, there was blood in the streets – and some people made a fortune.

Now, with inflation the way it is…

There’s about to be blood in the streets again.

I don’t like it.  But I can’t stop it either.  

I mean, I do my part for the economy by keeping my companies running strong.

But the Fed has jacked things up so bad – there’s no turning back now.

We’re headed for a deep recession.  Maybe worse.

And so – as I said – there’s about to be a lot more blood in the streets.

Here’s what you do…

You keep an eye out for assets you can get at a discount.

Maybe a deal on a single-family home.  Maybe a business you can pick up cheap and turn into a cash flow machine.  Maybe even a 32-story apartment building.

If you’re just starting out, you can even find stuff that people are selling cheap… then turn around and flip that to someone else for a profit.

Do that enough and it gives you some seed money to acquire bigger assets.

Making money is easy when times are good.  Making money is even easier when times are bad.

So, get prepared – the deals are coming.

Do whatever you can to be in a position to take advantage.

10X, every day.

-Grant

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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.