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How do people like Cardone make money? Are they legit or what?

Hey all I just came across Cardone's content and I feel it's like those scams but I don't know I'm not from around the USA but since I came across him the instagram algorithms just kept pushing those "be rich quickly" type of ads schemes which made me suspicious of Cardone.

Who are people I should avoid looking at?

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11
sahil
Notorious Answer
+13
Deepak Chopra of Sales
He made his money in real estate decades ago, now pretends like he understands sales / tech too.

He doesn't. And he's a misogynist pig
SalesPharaoh
Politicker
+8
AM BDR
Oh yea he is misogynist/narcissistic i saw a kid who wanted advice and he was like oh yea oh yea take 100$ go lcean my car im like what dah? Hahah
LordBusiness
Politicker
+7
Chief Revenue Officer
Not that it matters all that much, but the dude is also like 5'2" tall.ย  He rolled up to a booth at a conference I was at years ago in his usual asshat way, and all I could think about was how tiny he was.ย  (#napoleancomplex)ย 
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LordBusiness
Politicker
+7
Chief Revenue Officer
Can we turn this into a Cardone hater thread? Maybe we start a new post in an effort to convince the entire sales world to cancel this guy. ย Last straw for me was a when he talked about the โ€œmile high clubโ€ with his wife on his jet at a keynote sesh at a conference. Cardone is a jokeย 
CuriousFox
Arsonist
+10
Senior Account Executive
Corp has a 10x video that's hilarious. "I have a hot wife." ๐Ÿ˜‚

Go with your gut is all I can tell you when it comes to these things. I personally didn't like the guy. Not sincere or something off. Can't pinpoint it.
antiASKHOLE
Politicker
+8
Inside Sales Lead
That video was the FIRST Corp Bro video I ever saw. Legit hooked me and have been following him ever since.
SalesPharaoh
Politicker
+8
AM BDR
Grant or Corp? Im lost hahaย 
SalesPharaoh
Politicker
+8
AM BDR
Can you share the link??
CuriousFox
Arsonist
+10
Senior Account Executive
https://youtu.be/h-g6y2NTBT8

If the link doesn't work just type corporate bro 10x in your browser.ย 
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Kanyebut4sales
WR Lieutenant
+6
Account Executive
Heโ€™s a real estate aggregator which is why he tells everybody to get into real estate. He utilizes other peoples money within his fund to purchase property takes 10% upfront 1% annually and 30% of whatever the property value gain is once they sell the property. Thatโ€™s only one aspect of his business he also sells out-of-the-box sales training which is garbage but tons of organizations and people buy it.
SalesPharaoh
Politicker
+8
AM BDR
Ok very interesting
JuicyKlay
Politicker
+9
AM
I bet his sales training is expensive afย 
Savagedoge
Politicker
+7
Account Executive
I came across his profile on LI a few years ago when I was new in sales and that happened to be my introduction to sales gurus. I legit believed this is what sales had turned out to be. And then realization dawned.ย 

I made sure to avoid him or his stupid videos where he's burning cash and shit. That ain't for me!
YoureMuted
Opinionated
+1
AE
Dude legit makes bank, mostly from OPM (other peopleโ€™s money) in real estate. Real Estate Syndication is what the boys at or near the top of the Real Estate game do, and thatโ€™s where he is.
He also makes a ton of money in โ€œcoursesโ€ and โ€œsystems.โ€ Heโ€™s all about leveraging debt to gain wealth, which I totally understand (Rich Dad Poor Dad) but donโ€™t exactly agree with. Iโ€™m more of a Dave Ramsey type myself (debt is dumb). The only debt I currently have is my mortgage, and that will be paid off in 3 years. If we want something, we donโ€™t buy it unless we can afford to pay cash for it. My credit score is indeterminable because I havenโ€™t carried consumer debt for years. We own a rental property that is free and clear, paid for with cash.ย 
Anyways... all that to say, yeah, heโ€™s legit, but heโ€™s probably way over leveraged with debt and thatโ€™s not the way I choose to live my life.
SalesPharaoh
Politicker
+8
AM BDR
Amazing take thank you!
wahmsales
WR Officer
+10
SDR
Have any of you seen him on Undercover Billionaire?
SalesPharaoh
Politicker
+8
AM BDR
Nope...can he be undercover? Is he capable of not being out there?
wahmsales
WR Officer
+10
SDR
Lol they dropped him in the middle of nowhere in Colorado.ย 
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PeterSwan
Opinionated
+2
Business Development Manager
Has some cool tips but other than that - nothing. He oversells his services
SalesPharaoh
Politicker
+8
AM BDR
Like what cool tips?
goose
Politicker
+10
Sales Executive
I read the comment about tips and immediately thought the same thing.
AnchorPoint
Opinionated
+7
Business Coach
He is definitely a hustler. Not all bad, not all good.ย  From car sales to real estate on a lot of enthusiasm.ย  If nothing else, he is proof that enthusiasm sells... even is it is just a lot of hot air...ย 
SalesPharaoh
Politicker
+8
AM BDR
I agree with that
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