When to Walk Away from a Deal

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On this episode of Young Hustlers Grant Cardone and Jarrod Glandt talk about when to walk away from a deal. Often it is the deal that you don’t walk away from that costs you. But many people walk away from deals forever when they shouldn’t. Some important points from today’s episode about why people don’t walk away from deals: 1. Scarcity in Pipeline: You hold onto nothing because you have nothing to go to. You are scratching for crumbs. You need to pick up the phone! 2. Be professional on the way out: Don’t hang up or burn bridges if you don’t get what you want. You never know what can happen in the future. Accept responsibility for the outcome! 3. Never quit: When you walk away from a deal you aren’t quitting the deal. If the deal is dead, think about how to nurture it in the future. 4. How do you walk away? Never say no until you absolutely have to. If you took notes today, after 30 days, you will forget over 95% of what you learned today. You have to review things over and over. Remember if you don’t remember with certainty, it doesn’t matter. And If you can’t deliver with certainty, it will not result in money. GrantCardone.com
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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.