Playing Offense With Wealth: Grant Cardone on Bitcoin, Real Estate, and Conviction

In this episode of Lead-Lag Live, I sit down with Grant Cardone for a wide-ranging and unusually candid conversation on Bitcoin, real estate, and what it really means to invest with conviction.

Grant is blunt about one thing most people never admit: even after buying Bitcoin for years, he doesn’t pretend certainty. He openly talks about the discomfort of drawdowns, the difference between conviction and having a low cost basis, and why buying through volatility matters more than sounding confident online. Rather than selling a perfect narrative, he’s honest about doubt, risk, and why not investing at all is the bigger danger.

From Bitcoin as a technology of money to real estate as a long-term cash-flow engine, Grant explains how wealthy investors think about scale, units, and holding assets through cycles instead of trading headlines.

In this episode:
– Why Grant says saving money destroys wealth
– How he thinks about Bitcoin without pretending certainty
– The difference between conviction and a cheap entry price
– Why wealthy investors focus on units, not price
– How Bitcoin and real estate play different roles in long-term wealth

Lead-Lag Live brings you inside conversations with the financial thinkers who shape markets. Subscribe for interviews that go deeper than the noise.

#GrantCardone #Bitcoin #WealthBuilding #InvestingMindset #FinancialFreedom #StockMarket
#RealEstate #Crypto

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Transcript

Thinking Too Small And Money Mindset

SPEAKER_01 0:00

Well, the biggest mistake I've made is staying too small too long, not thinking big enough, not scaling like giants, you know, thinking like a middle class kid. I mean, that's how I grew up. I was very, you know, I'm very influenced by my the psychology of money. The way you were brought up influences you how how you cook, how you speak, how you think, how you spend money, how you invest money, all those things. I grew up in a refinery town in Lake Charles, Louisiana. And, you know, the way you grew up influences the way you think and the way you act, and certainly the way you invest. And so the biggest mistake I made was and still make today is just simply thinking too small.

Framing The Big Topics And Guest Intro

SPEAKER_02 0:53

So it's my birthday, and this year I'm celebrating by giving a special gift away to one of you. And to officially wish a happy my birthday to you, I've had this tote with a few surprises from our signature Pew Crew merch portfolio. And it's not just random merch. Inside, you'll find some items that really at least signal you know exactly what you're doing in these markets. And the tote? Well, it won't hedge your portfolio, but it will make you look smarter than anyone pretending they know what risk on means at the grocery store. If you want it, here's what you need to do. Follow Lead Leg Report on X, follow Mela underscore Schaefer on X, subscribe to Lead Leg Media on YouTube, and like and share this video. Only one person gets the toe, but since everyone gets our content, it's really a happy my birthday to all of you. I'm your host, Melanie Schaefer. Welcome to Lead Leg Live. Now, today we're talking Bitcoin, real estate, the economy, and wealth creation with someone who arguably never tiptoes around a headline. Whether that be politics, wealth, or the Super Bowl halftime show. My guest today is Grant Cardone, CEO of Cardone Capital and Cardone Training Technologies, Inc. Grant, it's fantastic to have you here.

SPEAKER_01 2:13

Hey, thank thank you for having me. I look forward to our little discussion here today.

SPEAKER_02 2:18

So to kick things off, I want to start with a couple of your recent posts on Axe. You recently wrote Bitcoin doesn't need permission. And in another post, you said the only thing riskier than Bitcoin is not owning it. What's the core message that you're trying to drive home for investors about Bitcoin right now?

Real Estate’s Future And Utility

SPEAKER_01 2:40

Well, I I think number one, the most, you know, the most dangerous thing anyone can do right now is not be an investor. Saving money is a is a it's not a real thing. You can't really save money. So the idea that people in Canada or America think that they can save money by leaving it at the bank, your money's being destroyed. Whether you invest in Bitcoin or the NASDAQ or the Canadian stock market or real estate or you you need to invest in something. And um now I think that the technology the value of Bitcoin is that is technology of money, not a store of value as much as it is the way money will transact in the future. Whether that's Bitcoin or the blockchain or whatever it is, I don't know the answer to that. I just know people are at risk if they don't invest, number one. And number two, you know, you need to invest in a future. That's why I love real estate. I love I love real estate because I know there's no future without real estate. You have to have a place to live. Commerce will always have a place it wants to go to. Uh you're getting your hair done, you're probably not going to do it on Amazon unless you're going to do it with for yourself. You're going to go to some retail shop or some salon. If you want a place to live, you're going to find and you want a great view, you're going to go to some property. If you want to see the ocean, you're going to move to Miami. If you want it to be warm year-round, you're definitely going to be in Miami. And um And so you want to invest in things that have a future. And I think the blockchain and Bitcoin have have a have a future. Uh if you combine real estate and Bitcoin together and make that your play, I think that that's an even better investment. And that's what I was saying on that post.

Social Media Trolls, Timing, And The Jet Posts

SPEAKER_02 4:30

Yeah, so to tie that together even a little bit more, talking about transacting and real estate and and um even travel, as you mentioned, that there's been a little bit of a storyline playing out on your ex feed. On February 5th, you posted that you were selling your jet after Bitcoin dropped. Two days later, you posted that you were buying a new private jet. Be honest, is this humor? Is it conviction or is it a a bit of both?

unknown 4:52

Yeah.

Mixing Bitcoin And Real Assets

SPEAKER_01 4:52

Well, well, it it is, but number one is uh, you know, you want to be timely. Okay. So what was happening was Bitcoin was crashing. There's a little bit of truth and a little bit of troll in everything I do. Okay, so but there's never a lie. There's always a little bit of truth and always a little bit of troll in everything I do. So uh, you know, the internet is a great place to distribute content, get known, to be known, to learn things, to connect with people, and network. And it's also a great place just to have fun. And so I like to have fun. Uh what happened was Bitcoin had dropped, I think, from into the 60s, maybe 62. I was buying it all the way down, by the way. From from the mid 80s all the way down, 82, 78, 75, 72, 68. I got down to 62. I was still buying. I had orders in it uh just just above 60,000 bought there. And the internet was going crazy, Bitcoin's going to zero, blah, blah, blah. So I posted uh that guys, I have to sell my plane because Bitcoin's crashing. Well, the truth is I had already listed my plane before the Bitcoin crash. I bought the plane in November uh for 69 million, and I'm gonna sell it for 75 or 76. There's a shortage shortage of super jets. Uh there's a brand new 7500, global 7500. It's got 160 hours on it. It's a brand new plane, basically, and I know somebody's gonna find it desirable, and I knew when I bought it I would sell it. So there's a little bit of truth and a little bit of troll. Uh, I will sell the plane, by the way. And then the internet went crazy and said, Oh, Grant Cardone, see, this is what the internet does with this is why the internet's so fun. Because millions of people now get to decide whether I'm buying, I'm selling my plane to buy Bitcoin, or am I selling my plane because I bought Bitcoin? And half the people are like, oh, he's on margin and he's having to sell his plane. If you look at the comments, probably two-thirds of the people think I'm going broke, and that's why I'm selling my plane. The other third think I'm selling the plane to buy Bitcoin. So uh no one except me knows the truth. Yeah, well, which one did you assume?

Selling The Plane And House In Bitcoin

SPEAKER_02 7:26

You know what? I what I thought, I didn't think of either of those two. I thought what my thought was it the same as your Miami uh property? Are you selling it for Bitcoins?

SPEAKER_01 7:35

Yeah, so yesterday we posted, I went and looked, again, there's a little bit of truth and a little bit of troll in everything I do. So yesterday I went and looked at a house that's 20 houses from me, and it's listed for$88.5 million. Fantastic house. Well, I have a house 20 houses away, and we've been on and off in the market, and I said, I'm gonna sell I will sell my house after looking at that other house for$88 million. I said, I will sell my house for 700 Bitcoin. I'm looking for an OG whale, somebody that bought a three or four hundred, five hundred dollar Bitcoin, and you got fifty-two million dollars worth of Bitcoin. I will sell my house, my beach front, private beach, seven bedrooms, six-car garage with permits and approvals to rebuild a 22,000 square foot house. I will trade that for 700 Bitcoin. Okay, it'd be a few more today because we're down today, but and I and I and uh again, like would I? Yes. Okay, hit it hit it hits the headlines, and then I guarantee you Yahoo Finance or Newsmax or somebody like that's gonna be like, Grant Cardone sold us home for 700 Bitcoin. They're never gonna call me and ask me anything.

SPEAKER_02 9:01

Well, that's what I was gonna ask you next, is how much uh the price of that mansion is going to be.

SPEAKER_01 9:06

Well, that would be that would be whatever. Uh that would be yeah, I would need probably 800 Bitcoin today, but would I do that? Yeah, I would do it. I would, I would sell my house, I would sell my plane, I would sell my house, I would do anything I say I'm gonna do online. If I say I'm gonna sue somebody online, I'm gonna do it. By the way, I'm about to sue somebody online. You're not gonna tell us who it is, I guess. Uh uh Brian Robb. Okay.

SPEAKER_02 9:32

Yeah, is there do you have a backstory? Do you have a backstory?

SPEAKER_01 9:36

Yeah, yeah. No, no, no backstory, but I'm a su I'm assuming for defamation. Okay.

unknown 9:41

Yeah.

Handling Dips, Doubt, And Real Conviction

SPEAKER_02 9:41

Well, that that is is not a joke. Um, and the next thing I want uh to ask you about is also jokes aside, but you know, when when Bitcoin pulls back like that, like it has, the sentiment swings really hard. How do you personally separate the noise from the opportunity?

SPEAKER_01 9:58

Yeah, I don't, I don't, I don't separate, dude. It is it's noise to me too. It may it makes me, you know, you can be 99% sure, confident that you're doing the right thing. That 1% can feel like a tremendous amount of weight and doubt. I I don't know the right thing. I want everybody to know, no matter how I, you know, I've done$5 billion worth of real estate deals. Uh every time I do a deal, I don't know for sure that we're gonna make money. I've bought Bitcoin since it was 500 bucks, and I can't tell you for sure that it's gonna go up or that it's even real. I I don't what do I know? And and so when it falls, 12,000 points, dude, I hate it. And then the the Bitcoiners like, this is what it does. This is whatever explanation they come up with, well, good, good that they're so confident, but that's not me. By the way, those same guys that are Bitcoiners and and and it a lot of these guys are like, oh yeah, this is what Bitcoin does. They haven't bought Bitcoin in 10 years. They say they're confident, and I think this this really needs to be discussed online more. All these you know, Bitcoiners that are maximalists and they're like, you know, Bitcoin's gonna go to a million dollars. When's the last time you bought any?

SPEAKER_00 11:20

Because if the last time you bought it was 300 bucks, you really don't have conviction.

SPEAKER_01 11:27

You just have a low entry price. That's all you have, okay? Because the guys that are buying at 62 and 65 and 72 and 80 and 85, Mike Saylor that's buying in the hundreds, he has complete conviction. He's a completely different investor than you that bought a thousand pieces at 300 bucks and you have 300 grand compared to somebody buying five pieces today and it cost them 350 grand. That's a different level of belief. And I think there's a lot of Bitcoiners out there. If you want to get a if you want to get a headline, Grant Cardone's calling out all the old the the OG Bitcoiners. You guys that have a cost basis of 300 and you hadn't bought in 10 years, I wonder how confident you really are.

Never Sell Great Assets: The Wealth Playbook

SPEAKER_02 12:15

Yeah, and you know, Grant, I I really appreciate the honesty on that. And I do think that we need to hear more of this online and and across socials. As well, leading into that, you've you've been vocal as well about Bitcoin being a long-term asset and not a trade. Um, which do you have in common with these Bitcoin OGs? What do most people so misunderstand about how to think about Bitcoin in the context of wealth creation?

Balancing Cash Flow With High Growth

SPEAKER_01 13:16

Well, well, the thing to think with is I was talking to my friend Bob Duggan the other day. Bob's probably worth$12 billion. He owns a company called Summit and Pulse. Probably the wealthiest biotech guy alive today, he's a little older than I am and super bright dude. And he's like, dude, never sell your assets. Never sell your assets. You want to create wealth, never sell your assets. Okay, like there, there's a time to exit, but but it's not getting in and out. The way to create real wealth, and this is what wealthy people do, different than the middle class. The middle class, they buy assets and sell them and make a profit. They brag about their profits, they spend their profits, and wealthy people don't do that. They own assets for long periods of time, they make big bets, they don't make little bets, they make big, giant bets, they hold for long extended periods of time, and and then they and they wait to to typically what they do is they borrow against their assets and they never sell them. And so that's what I would, you know, you know, I I would tell even even back to that old Bitcoiner that bought a thousand pieces at uh you know, he took a hundred grand back in 2010 or 11. And he bought a bunch of he bought he bought a bunch of stuff at a hundred, he bought a hundred thousand pieces in a dollar. Dude, he he his grandmother gave him a hundred grand and he's like, I'm gonna bet all of it on Bitcoin. And he got a hundred thousand pieces. That's worth seven billion dollars today. That's uh dude, okay, good for you. Congratulations. You haven't bought since then? No, because you don't have any money. So so now when he sells out, which is what they're saying, that what happened recently was a bunch of OGs dumped out. That's cool because that money's gonna get recycled. This is the first time this guy's ever had wealth in his lifetime, including the last 14 years. He's never really had any wealth, okay? So you're you're gonna drop$7 billion on this cat, he's gonna pay a billion for in taxes, he's gonna end up with$5.6 billion. He's never bought cars and homes and helicopters and planes and yachts. Fuck, he's gonna do it too. I guarantee you. Yeah. Well, he he he he he's getting ready. People don't know what money does to you. When you have that kind of money, you're like, okay, that's different than having a bunch of Bitcoin that went up. Now you got real fiat. Now the the problem is the very thing, because I hear some of these old Bitcoiners are saying, I'm getting out because the card owns are coming in it. The new Bitcoin are investors, that's not what I got in it for. Guess what? You just converted back to the thing you got out of. And you're back with the worst investment in the world, which is fiat. So you got to convert that to something, and you're probably gonna convert it to toys first. And then you're gonna convert it back to other fiat assets, which is fine. You're probably gonna buy a bunch of real estate, want to get in the real estate game like I'm in. But the money's gonna get recycled, and that's a cool thing. But let's let's see if you can do it again. That that, you know, can you do it two or three or four or five times?

SPEAKER_02 16:30

Yeah, yeah. And and that's where it comes from. Maybe maybe this OG that's just sold is gonna be uh the buyer of your of your personal debt. But I wanted to go back to real estate. Um, because you said before that real estate produces cash flow, which you sort of hit on a bit now. What while Bitcoin represents a symmetric upside? How do you how do you think about balancing income-producing assets with high growth assets? And and can you talk a bit about your strategy?

The Real Estate–Bitcoin Hybrid Strategy

Rates, The Hidden CRE Correction, And Timing

SPEAKER_01 16:55

I mean, the the the the best the best, you know, if you could get if you could combine the two together and get the cash flow and the high growth, which is very, very difficult to do. Okay, growth stocks, you know, typically have long-term growth in them. Uh the tech stocks have volatile, you know, could have short-term growth in your your Nasdaq stocks. Um, real estate's a very slow cash flow positive, conservative grind to wealth asset. Bitcoin's very volatile, overnight, instant bang, big spikes. But the the the cool thing would be if you could combine the two. Now, nobody would buy real estate and combine Nasdaq tech companies with it. It just doesn't make any sense. When we started, I was on a debate um on a Bitcoin debate, and it was real estate, Bitcoin, or the Mag 7. And I'm like, dude, what if you know it it was actually real estate, Bitcoin, or going um, what was it? Um yeah, publicly traded stocks. And I'm like, what what if you could do all those rather than debate about them? What if you could do all those combined? So that's when we started looking at taking real estate the cash flows at five or six percent a year, adding Bitcoin, and the cash flow reduces maybe 3%, but I'm still cash flow positive, putting the two together and owning the two as one entity. And that's when we created our real estate Bitcoin hybrid, taking institutional quality real estate that's cash flow positive. These are not houses, these are large income-producing apartment complexes, trophy properties sitting above golf courses and oceans. I mean, really beautiful assets, institutionally owned and operated. We buy them below replacement costs, add Bitcoin to get back to the replacement cost of the asset. So that somebody has to build and spend as much money as I spent on the real estate and the Bitcoin combined, and I'm still cash flow positive. We put those two together and then wait three years, five years, seven year, ten year, longer-term horizon, wait for rents to grow and the Bitcoin to explode. Uh, we think we have a great investment that gets both conservative cash flow and the growth that you talked about.

SPEAKER_02 19:33

Yeah. And so, Grant, the what about interest rates, considering everything that's going on right now? Um with rates higher for longer. How are you thinking about real estate today compared to how you were thinking about it a couple years ago?

Scaling Lessons: Study The Giants

SPEAKER_01 19:45

Yeah, well, I think we're getting ready to go through the greatest real estate. We're we're in the we're we're not going through it. We're we're in the greatest real estate correction in my lifetime. And and and most people don't even know what's going on. This is like this big secret. People are looking for single family homes to correct. That's not where the correction is at. The correction is in the assets that I'm buying right now. Uh last year we bought a deal for$230 million,$100 million below replacement costs. That's one third. I guess a 33% discount on institutional quality real estate from an institution, by the way. This is one of the biggest firms in the world, took a hundred million dollar loss on an asset. The year before that, I bought$600 million of assets from a major insurance company for$200 million below what they should have sold for. We're in a correction. Okay? Now, when interest rates come down, and they're coming down, they're not going up. Okay, interest rates go up in this country, you will have you will have a depression of mass proportions. Credit card debts at the highest levels, uh new cars, used cars, uh, and and kid uh college debt, highest levels ever. The investors already stretched, rates have to come down. You have mortgages that are not happening, you have new home prices selling for less than existing home prices. The only homes that are selling are ones where the seller, which is a builder, is subsidizing the interest rate to buy the rate from five and a half to maybe four so that the guy can afford his mortgage. So interest rates have to come down, and they're gonna come down violently by June or July this year. And when that happens, you will not build a buy real estate in this country because it's gonna go through the freaking roof. And the correction will be off the table.

SPEAKER_02 21:37

Yeah, so stay so sticking us continuing on with that thought. Um, the the audience that lead the media is is business people, entrepreneurs, financial advisors, et cetera. I I want to ask when you look back, uh, and you just touched on it, at how you scaled card-owned capital and and the other businesses that you're involved in. I want to ask you what the biggest mistake is that you made or a mistake that you see other people making uh when they're trying to grow.

Offense, Units, And Compounding

SPEAKER_01 22:03

Well, the biggest mistake I've made is staying too small too long, not thinking big enough, not scaling like giants, you know, thinking like a middle class kid. I mean, that's how I grew up. I was very, you know, I'm very influenced by my the psychology of money. The way you were brought up influences you how how you cook, how you speak, how you think, how you spend money, how you invest money, all those things. I grew up in a refinery town in Lake Charles, Louisiana. And you know, the way you grew up influences the way you think and the way you act and certainly the way you invest. And so the biggest mistake I made was and still make today is just simply thinking too small, not thinking s with a big enough scale and then and then taking too long to do it. And and and I would say that, you know, everybody should study. You should study giants. Not not and not people, you know, people that giants that were giants for extended periods of time. Not not guys that write books about giants, but guys that were giants and had books written about them and they were giants for extended periods of time, not for a decade. Um and not guys that just talked on a stage. By the way, I do that. Um I'm not saying people should follow me. I'm just saying people should study people that have have have have extended long careers, and they're currently in the market. If they're not dead, and you're you're you're reading about JP Margan. JP Margan, a great example, or the Rockefeller family. Study those people. They scaled for long periods of time, generations. Okay, study those people. Don't study a guy that was doing it for 20 years, stopped, is still living, and hadn't done a deal in the last 30 years. And that's back to my old Bitcoiners. Okay, you guys that are like, you know, you're taking credit for buying Bitcoin in 2013. Good for you, dude. I like it. Like, hats off to you. I'm glad you still have it. But what have you done for Bitcoin lately? Okay, I I much rather, I'd much rather the guys that are creating on Bitcoin today, the people that are investing their time, their brands, all their money, all their energy, all their resources, dude, into like building out, you know, what Satoshi had a mind to do, rather than you guys sitting around criticizing what people are doing at Coinbase, or what Tom Lee's doing with Ethereum, or what Michael Saylor's doing with with um, you know, his five companies, dude, like at least they're doing something.

SPEAKER_02 24:54

Yeah. Yeah. And Grant, you also talk about that might relate back to your upbringing as well. You you talk about playing offense and and not defense. And I mean, talking about the OGs, it's easy to have conviction, I I think, if you're playing defense, because you kind of don't have a choice.

SPEAKER_01 25:10

But I mean, keeping in mind Well, you're you're your your cost basis is 300. Yeah. Okay, you're not playing offense. You're you're you're just you're you're a conservative person at this point. You have you have been moved fully into I'm just gonna protect my profits. You're not taking you're not taking new positions, you're not adding units. Okay. Look, the most important number in finance is the number of units. It doesn't matter. You don't have to be a banker to know this. So you don't have to go to Wharton to figure out the number of units is the most important number in all of math.

SPEAKER_00 25:47

Okay. How many, how many?

Borrowing Against Assets Versus Selling

SPEAKER_01 25:51

You don't want this in marriage, but you want this in wealth building. Number of units. How many units do we sell? How many employees do I have? How many units do I own? How many millions of square feet do I have? Do I have one square foot or one million or ten million or a hundred million? How many acres do you own? Like the number, how many units do you have, right? Like it's how many Bitcoin do I have? The most important number in Bitcoin in the future will be the number of units. It will not be the price per unit.

SPEAKER_02 26:20

Right. Right. But the but the these OGs, they they're able to ignore risk to a much l larger degree, correct?

Concentration Over Diversification

SPEAKER_01 26:27

Well, well, well, because they've already been through they've been through seven cycles of ups and downs, right? They held when most people would have sold. Good for them, by the way. That took a lot of guts. You've been a loser seven times, and you've been a winner seven times. And dude, it's it it's easy to be a winner and then, oh my God, I lost and hold. Because now your family's telling you, dude, you had, let's imagine a guy put a hundred grand into Bitcoin in 2012 and it blows up to 10 bucks, okay? He just 10x this hundred grand. He's worth a million dollars for the first time in his life. He's like, I'm gonna hold on. His family's like, sell it, sell it. We're millionaires. Okay. And he's like, now I'm gonna hold on. And it goes from 1 million back to 200 grand. Yeah. He's like, fuck, I should have sold it. They were right. Next time he gets back there, and then it blows through$10, goes straight to$50. Now he's worth$5 million. And he's like, no, no, I'm it's going to the moon. I knew we were gonna get rich with this. I'm not selling it. And his family's like, sell it, sell it. Remember last time? And he holds it again. This is two of seven cycles that will take place. And then one day he woke up and it was worth$126. And now he's worth$126. And he's like, God dang, I should have, I should have, I should sell it now. No, you should have added at 10, at 100, at 150, at 300. You should have just kept adding. And so you could, because now you're gonna look at how many units do you have. At some point, you're probably gonna unload, but if you were smart, you wouldn't. If you were really a wealthy person with a wealthy mindset, you would borrow against the Bitcoin. And you would live your lifestyle out of debt. You'd borrow maybe 15 or 20%, never get to a 30% threshold. Your billion dollars, you'd borrow, I don't know, a hundred billion, hundred million dollars, go buy all the shit you want, pay interest on it, and and never sell this asset.

SPEAKER_02 28:27

Yeah, and so that that sort of is what that's the debate about what actually builds wealth versus what looks good on paper, essentially, right? And then and I want to ask you about that, because in your view, what separates people who truly compound wealth from those who stall it?

Events, How To Capitalize On The CRE Reset

SPEAKER_01 28:43

Well, they they keep compounding, right? So there there's, you know, Bill Gates owned Microsoft. Um worked for him. Ball headed dude. Uh Steve Bomber. Steve Bomber was number six or seven at at Microsoft. Bill Bill, the founder, sold his Microsoft stock. He's the founder. And if he wouldn't have sold, he'd be worth a$1.4 trillion today. He'd be the wealthiest man on the planet. And Steve Bomber's worth more than him on paper than Bill Bill Gates is because Bill never sold his Microsoft. So I mean, dude, hold the asset. If you believe in the asset, don't try to replace it with another better asset. And and I I don't know, look, and I'm not suggesting I'm right. So I don't want anybody to take my advice as like right advice. I'm not saying I'm right. I'm saying if you study the wealthiest people on the planet, they got that way by being heavily invested in one or two things. They were not diversified, they were not conservative, they were making massive bets on a handful of things. Elon Musk has five or six investments. Steve Jobs had two. Uh Steve Bomber's got one, maybe two, maybe a ball team now. They're not allocated across a bunch of different assets. They're not trading. Uh Mark Zuckerberg probably has all his money in one or two things. And when they buy something else, they buy the whole company.

SPEAKER_02 30:25

You're gonna be, you you spoke about getting up on stage and you're going to be um on a tour, I think, coming up in in April. Can you talk a little bit about that? What people uh can be uh looking for or watching for um uh if they are able to get tickets to go and see you there. And for anyone watching, how they can follow your thinking more closely or or learn about um your businesses and and to connect with you.

Closing And Subscribe CTA

SPEAKER_01 30:50

Yeah, we we're gonna be doing a, I think it's a five-day event here in Fort Lauderdale. It's three days on business, it's the 10x business summit. And then we're gonna be doing a real estate summit right after that uh for two days. How to take advantage of this correction in the marketplace. Uh they can get tickets by going to my site and and it'll be these will be sold-out events. So if you want to come if you're a business owner and you've got a$1 million business, you want to scale to$10 million or$100 million or a billion dollar business, we've done all those. And we're gonna show you exactly behind the scenes what we do to scale our companies. I think it's a$497 ticket or something. Um, could be close to sold out. I don't I don't know where we're at on seats right now. I didn't even plan on talking about this, but uh the real estate conference is um how to take advantage of this correction in the marketplace. There's a monster. It's not happening in Canada. Okay, this opportunity is happening in the United States right now. And um it is a massive, massive trillion dollar, without exaggeration, a trillion dollars will mature this year in debt on commercial real estate transactions, and that those deals will trade, meaning those people have to sell that asset this year, and they are gonna take a haircut. So the haircut means you're gonna be stealing real estate, and um I believe as interest rates come down, supply goes up, people come in, they're gonna come grab these assets. What happens right now is the institutions are on the sidelines. They've been sidelined, uh sideline, Melanie, because uh they they they're they're rebalancing their own portfolios. And while they sit on the sidelines, people like me that have this entrepreneurial hustle in the real estate space can come in and take advantage uh of what I believe will be a once-in-a-lifetime correction. Plumbers, HVAC, uh anybody working around real estate, you're you're a big landscaping company or you're a plumbing company or a roofer. Okay, anybody in the real estate space that's looking at real estate is perfect to take advantage of this because you're already kind of driving that at asset class anyway.

SPEAKER_02 32:58

It's really interesting, and I'm excited to hear everything uh that you have to say when you speak at those events. Grant, it's it's been such a pleasure having you, and I do hope that you'll come back on the show.

unknown 33:08

Good.

SPEAKER_01 33:08

Hey, I loved it, Melanie. You do a great job. You have great questions.

SPEAKER_02 33:11

Thank you. Thank you very much. And and thank you to everyone for joining. Be sure to like, share, and subscribe for more episodes of Lead Leg Live.