“Obsession can take over your life. Make sure you are obsessed with things that result in a payoff for you.” – GC

Unemployment rate obsession by Paul Overberg

Market players and financial journalists are hyper-focused this week over the April unemployment report, which is due Friday, following a shaky March report. But the unemployment rate and job growth are inadequate measures. Adding people who can only get part-time work or have given up looking, for example, nearly doubles the unemployment rate of 5.5%. DataHut Paul Overberg Grant Cardone Unemployment Some of the rate’s recent improvement is due to boomers swelling the retirement ranks. Workforce participation – the share of people 16 or older who are working or looking for work – has dropped from 66% to under 63% since 2008. Read the full article on: DataHut
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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.