저자: Kevin · 외국인
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Grant Cardone의 Cardone Capital이 3월 19일 직원 약 80명을 사전 통보 없이 해고하고 광고 부서를 폐쇄했다는 보도를 전하며, 해고자에게 급여 미지급을 통보하고 부동산 펀드 공실 증가와 출금 제한(No withdrawal of funds) 조항을 문제 삼는다. 진행자는 빚이 많은 레버리지 구조와 상승 레버리지 투자의 위험을 강조하며, 본인은 작은 배(소규모 유연 구조)라 버틸 수 있다고 말한다. 주식·코인 등 대상 자산에 대한 미래 가격 방향 예측 발언은 없다.
다듬은 글
Grant Cardone decided to shut down the agency yesterday without any previous notice holy smokes y'all you better max out your health because apparently he's going into a rough time and it keeps that word already apparent let me share with you some things that are going to make it extremely apparent and then hopefully share some lessons with you because I'm getting nervous so much so that I got myself a short moment assange with just to be able to defend myself in case I need to even got these little arrows to go with it so let's get into it dr.
Phil is apparently selling his house and his weird gun collection as well as his bizarre pool table room this is having people on Twitter asked if dr. Phil's house needs an exorcism MIT Romney is dumping his place that he bought in Deer Valley Utah the prestigious a ski resort area and hedge fund billionaire Ray Dalio who correctly in an insane twist of elements bought an insurance policy that the market would crash in March of 2020 back in November of 2019 somehow still lost 20% of his hedge funds value because he wasn't able to properly predict this Black Swan which who could blame him but had he held on to the 1.5 billion dollar bet he made in November he would be the king of the hill today and if that weren't bad enough real estate mogul Ben Bala is lamenting that his hotels are having occupancy difficulties and we can only imagine what's happening to his retail Holdings right now but then we get to the icing on the cake of all of this and after the icing on our cake I'm gonna share with you some lessons and some things that I'm doing differently that are coming out of all of this craziness that's going on so this morning started out like any typical morning I was sitting here trying to figure out what it is that death runes do again I kind of forgot what it was they do but then I was thinking about getting some vengeance and I looked in my email and my Instagram my text messages we're all getting blown up with some insane news a happening over at the offices of mr.
10x Grant Cardone let's get right into this because this is mind-blowing but first apparently I need to read this disclosure just to make sure the shirt remains as powerful as possible the disclosure is the following information is being released for the public good in an act of investigative journalism that should be protected under California shield laws also absolutely everything in this video that you hear could be complete opinion or wrong so don't consider any of this fact unless you verify it yourself I'm sure that'll work all right let's keep moving on I have now received multiple reports from multiple different sources that on March 19th a Grant Cardone did a massive unannounced a layoff of team members from all divisions within his office even closing down an entire division it looks like 80 out of roughly 180 employees got the cut the boot so to speak without any prior notice apparently there was a team meeting on Thursday the 19th and 80 people were just fired and on their way out as if things couldn't be bad enough certain people ended up getting the letters from the Grant Cardone attorney I just want you to think about this because this this just works me when I hear something like this I mean look I feel bad for Grant Cardone but look on one hand if you're driving around with a flashy lifestyle and jet-setting around I think you probably ought to take care of your employees rather than firing them without notice and then sending legal threats after them like Ikes yikes yikes you know there's a company here that's actually headquartered in Ventura California called Patagonia and they don't show off flashy riches or anything but they offered all of their employees pay without work while the stores are closed the employees are continuing to get paid just so they can survive through all this madness so in other contrast like I understand if you're like a car dealer or you're in the restaurant and you can't pay your employees because you're not making any money but here you have Grant Cardone who shows off this super high profitable flashy lifestyle tells everybody he's a billionaire he doesn't necessarily take off all of the money that his investors put in or all the money he owes to the banks to come up with his billion-dollar figure but shows off this essentially billion our lifestyle yet fires people and sends them out the door with legal threats I feel bad for grant but right now from this POV I feel more bad for his employees I have to say these kind of pressures make you wonder is Cardone capital and Grant Cardone getting crushed under a mountain of debt which is kind of like what Jordan Belfort the wolf of Wall Street suggested might happen now I've been absolutely inundated with emails and screenshots and documentation but to protect as many people's identities as possible I'm not gonna read this off word for word but let me just tell you this I'm looking at an email right now it introduces this hi so and so the very first bit of information basically says hey broski's if you pissed off which you probably are because we're not gonna pay you even though you're owed money or you think you're owed money make sure if you've already hired an attorney that you have your attorney email us because we don't want to talk to you so just just stop reading now and have your attorney talk to us and I'm reading this I'm like oh my gosh your farewell email to your employees is have your attorney get in touch now apparently in response to this there are multiple employees actually thinking about lawyering up but here's Grant Cardone on YouTube a day later Friday on his public livestream going hey well courts are closed people can't sue right now anyway and kind of like haha sucks for them which is almost kind of like what I feel like in a twisted way is a conversation he probably had with his staff attorney right before which is it's totally speculation but it's just weird let me play the clip for you when you put these two things together it's like oh my gosh when be able to like do me for the ballet or my buddy shooting you right now bro nobody nobody soon anybody right now like the email then goes on to explain why the company is not going to pay these employees whether they're owed money or not which when I first read this I thought ah this is probably just another he said she said and it's a dispute and look they're always disputes III don't know like if I'm an employer and I let somebody go and there's a dispute I'd rather overpay them just so we could leave everything on a positive note and there aren't people out there making videos talking about how odd it is that something like this is going on see because in that email they clearly say you know what we're not paying you don't expect any checks from us and hey if you need to touch base again in the future whatever so be it but we ain't paying yet so here we go not only are you fired but now don't expect any last checks or income that maybe you were expecting as an employee sorry you ain't getting it which to me if you're an employer it's your job as the employer to clearly communicate the policies to the employees because if you've got multiple employees that are now getting fired that are expecting money you're gonna have a lot of pissed-off people and look I'm not trying to bag on Grant Cardone here maybe this is just a sign that times are really really difficult right now all of a sudden I mean I think a lot of people got blindsided so I get it this isn't necessarily the way I would go about business I've made videos obviously before about working with his attorney that you could see the link below for a video that I did breaking down one of her depositions but take a look at this I mean here's a post that was on Facebook any agencies hiring right now I was a team lead media buyer at Cardone advertising up until yesterday Grant Cardone decided to shut down the agency yesterday without any previous notice I'm looking for a job thank you and somebody shared that post and said employees have been heard walking around saying who's got my money who oh that's that's a good one okay I gotta give it to this guy Ben Ben you and everybody else deserve two free stocks with a weeble if you deposit $100 and use that link down below did extend that promotion through the end of the month and of course you deserve to join me in my own programs linked below the price it does go up on Monday but we ain't done yet we now look up Grant Cardone on Twitter we could see this tweet where Grant Cardone is looking for tenants for pretty much all of Cardone capital's investments and the tweet kind of makes it seem like he's giving these units away to people who need shelter like there was just a hurricane and he's like hey guys if if you need temporary housing come here we'll help you out like we got rooms we can help you which sounds really cool and Noble but then when you click on the link you see mention that well unfortunately because of the Fair Housing Act we can't give these rooms away for free but do feel free to fill out the form and we'll let you know what we've got for you which first of all I'm not expecting him to give these rooms away for free but his tweet kind of implies he's doing this as a community service and second of all the Fair Housing Act in my opinion says nothing about you can't rent out an apartment for free I've never heard of that the Fair Housing Act says you're not allowed to discriminate against people unfairly because of their sex or their race or religion but there's nothing that says you can't create a zero value contract with somebody again not saying he should give away apartments for free and and who knows maybe there is something that says well I mean you're charging those tenants why are they living for free well I don't know me because I like them I'm trying to help them out I'm doing it who cares like that doesn't matter the point is the tweet is not congruent with what the actual sort of fine print says which we kind of see this over and over again which by the way in case some of this is making you nervous and you're thinking about taking your money out of cart on capital here's just one paragraph from Cardone capitals operating agreement and it's called no withdrawal of funds which may be there are other terms in the agreement that say for some reason or with some extenuating circumstances you can get your money out of the fund but I have a feeling it's going to be very difficult to get your money out of card on tab right now and if too many people try to get their money out of card on capital some people are gonna end up getting stuck with these properties when they end up having to sell if this continues now I'm not suggesting that that's gonna happen I don't know my goal is that some kind of vaccine comes out tomorrow all of this is cured we go back to normal I do not wish bad upon Grant Cardone certainly not his employees certainly not his tenants I'm just saying this reiterates to me exactly why I'm nervous about paying market value for real estate and and no I'm not trying to turn this into a pitch for this is why you should buy my course so you can learn how to buy wedge deals below market value or learn how to do property management yourself or manage your own money or whatever like I get it I'm not trying to turn it into that but this is exactly what happens when you sign up for interest only debt you pay market value or you overpay to get into deals and you don't have any kind of control when you give your money to a fund when a fund has your money you're screwed at least if I have a house and I need to liquidate it and sell it to take the equity to pay my bills so I don't go bankrupt I can do that if I have a hundred grand in stocks and they go down 50% in value at least I still have 50% I can sell and use to pay some bills in an emergency fund right in theory your investments are an emergency fund but if you can't take your money out of your investments at all you ain't got nothing you can't get a loan against it you can't withdraw it I mean that's bad I'll tell you one thing that this is making me think is I don't think I ever and like this Kevin future Kevin watch this video don't create a syndication unless you figured out a way to solve all these problems because I think what's happening is a lot of vacancies are happening right now the property management companies are calling up Cardone capital hey boss we can't get these units filled we're having trouble can you use your social media leverage and get us some more applicants because we can't find anybody to rent these units and all of a sudden you're starting to look and go crap I've been promising everybody six or four or five percent dividends depending which fund you're in that's a different dividend it's so confusing I can't track at all I don't really care to either but the point is it's like how are you gonna pay your loan and give all these dividends and now you can't fill the unit's that's bad and see that's the other problem with syndications as well is they prefer to get at what are called high pop tenants over high quality tenants and I mean I don't blame them but this is how that works let's say you have a rental unit that has a market rent of $1,800 a syndication would rather try to rent the unit for $1,850 because it makes all of the buildings worth more and it makes the fund look more successful and they would rather rent the units to lower quality tenants who are willing to pay more money then doing what I like to do which is if the market rent is 1819 hundred $80 pricing it's slightly below market value just to make sure I get a higher-quality tenant and when I say quality tenant like I don't want I don't want y'all to think that like I'm discriminating tenancy or whatever like I do not discriminate but I do look for more stable jobs more stable credit scores more stable rental history right these are the choices I have when I slightly underpriced you don't get that luxury when you're trying to fill units at a premium scrolling down the rest of the Twitter feed you'll find that Grant Cardone who used to always say 10x everything 10x you're spend 10x your employee hiring 10x your business 10x your dreams 10x your goals 10x everything a dollar spent is not a dollar spent it's a dollar invested you want to grow you spend money on your business you get more ads because they pay you you get more employees because they pay you well now Grant Cardone has revised that to 10x everything except spending maybe that's because he's starting to look awfully nervous but wait that's not all cardones advertising division which used to be a partnership between Grant Cardone and Frank Kern has shuttered its doors all employees who worked for the advertising division are fired which no there were not 80 employees working for the advertising division people working apparently from what I hear working for Cardone Capital Cardone Ventures Cardone you and I think like the marketing team or something else all branches have literally lost employees everything is getting scaled back this at the same time as during a live stream Grant Cardone is telling a caller that now is the time to be an example we play this and then let's get into some lessons and takeaways here show people what they should be doing the handouts are not what people need right now they need examples because the government's going to give some handouts we about that go through the biggest handout dish out like I'm telling you it's gonna be trillions it ain't gonna be like what they're talking about one and a half trillion it's gonna be three or four or five trillion dollars what people are gonna need though is examples and the government cannot give a good example people need Clinton you to be courageous I need to see what you're doing every day I don't know I'm nervous I think Grant Cardone is gonna show up at my door but I got Thor's hammer you were ready for him this thing weighs 10 tons okay let's hit some lessons here number one I always hated when my father in law said this and he's gonna watch this video he's going I told you Kevin I told you aah I told you and you know what fine you're right you're right my father in law always said Kevin you have two choices you could have the big ship or the little ship which one do you want you can't be in the middle cuz nobody wants to be in the ocean essentially so you either get a big ship or you get a little ship and here's what that means a little ship is like driving a speedboat around you can maneuver really fast if the market crashes and you need to lower your expenses you could do this and kill the engine and you could just coast and ride it out for a little bit you can move really quickly maybe you've gone like your family helping you out maybe you've got like one employee holding the sail like you're good you could batten down the hatches survive you got all the support you need you're good the big ship is like the Costa Concordia when you've got hundreds of employees and all of a sudden you realize oh gosh we're gonna crash and you go to turn the cruise ship and it's like it's a cruise ship it don't turn that fast for us to be able to slow this thing down we're just gonna crash and sink and burn and this is where I've actually had people in the construction industry reach out to me and say Kevin thank you for the videos that you make talking about 10x saying and the danger of 10 Xing and business because a lot of people especially in construction they tedx themselves into bankruptcy it's much better to grow slowly and properly so that way you can always batten down the hatches if you need to and do also what my father-in-law always says preserve the base because you never know when the big storm is coming but you want to be able to batten down the hatches really fast you got a big cruise ship and you're like oh that's bad down the hatches it's like we're too big we're screwed it's bad obviously I think this is also a good opportunity to say make sure that if you have debts in real estate you do not over leverage I recommend pretty strict guidelines in my investing course in terms of what your long-term equity goals should be I generally frown upon refinancing so fortunately I'm in a position where as a family we're a little speedboat we're flexible we're good we're gonna ride this storm out along with everybody else I'm gonna keep you updated on investment decisions I'm making things I'm doing things I'm not doing that might mean I'm gonna post a little bit more often I really hope that's not annoying I hope you just choose to watch what's interesting to you and hopefully all of it is interesting to you so follow me on Instagram thanks so much for being here hope you learned something in this video and until next time you
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