Grant Cardone’s 5 Pillars to Building a Successful Business
Remember, regardless of your position in a company, if you can think of yourself as a business within a business, you’ll make more money, have a better work environment and spend more time focused on the right things.
Did you know, that according to Grant Cardone, there are the 5 pillars to building a business? When it comes to creating, building, and increasing business there is a strategy that works and it’s been working for GC for over 30 years.
Key staple: It is beyond important that you believe in your product. If you won’t buy it yourself, then you’re not sold on it. If you can’t pass the simple test of being willing to buy your own product, you’ll never be able to sell others in large numbers.
ACTION IDEA #1: Do the scale from 1-10 close on yourself. On a scale from 1-10, ten being you own it already, how likely are you to own the product that you sell? If you’re not at a 10 already, what’s it going to take to get you there?
Bottom line is first and foremost you have to be passionate about what you sell and be sold on it yourself so that you can get the revenue that you want.
Second, you need to know Grant Cardone’s 5 pillars to building a successful business:
ONE: Financial Intelligence.
- Determine how far you can go with big ideas.
- Understand that money follows attention and attention follows money.
TWO: Marketing.
- You will not make the sale without the marketing.
- You must become a marketing genius.
THREE: Sales & Closing.
- Sell a product and close a deal.
- Nothing will validate your ideas more than a sale.
FOUR: Execution.
- Push through with your idea.
- Reasons people can’t execute…
- Confusion.
- Selling for a status quo.
- Payoff is not big enough.
- Team is not on the same page.
- No accountability on the executive level.
FIVE: Scaling.
- Build the team out and scale the team.
- If you don’t scale you won’t survive.
Your ideas will succeed or fail depending on your marketing and you need to keep taking action!
ACTION IDEA #2: Where do you need the most help here? What kind of marketer are you? Because even if you’re the world’s greatest closer, if you got no one to close what’s the point? And if you’re the greatest marketer on Earth, if you can close a deal, that sure is a lot of energy wasted. Sure, a small percent are going to do it no matter what but how much money are you leaving on the table if you can’t close the people who need closing? How’s your execution? The right attitude and the right approach will only get you so far. You have to take action. And if you can’t duplicate your successful actions and multiply it, you can’t grow.
So again, where do you need the most help here. Isolate it and start there. Handle that and then move on to the next one that needs help until you’re operating here at full speed.
