Grant Cardone Offers Advice for People Who Are Exploring Business Opportunities: "Don't Start A Fight You Can Not Win or Finish."

Grant Cardone has approximately $5 billion worth of real estate and has started many successful businesses. He recently shared a concise X post that details the mindset you need if you want to win big deals and accomplish big goals.

"Don't start a fight you can not win or finish," the real estate investor stated. 

The simple insight can have a big impact on investors, business owners, and side hustlers. These are some of the key lessons from Cardone's X post.

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Know Which Battles Aren't Worth Fighting

Every project, battle, and endeavor requires some of your attention. However, our attention is finite, and as we go through the day, it's harder to stay focused. Pursuing too many projects makes it more difficult to focus on the ones that will move you closer to your goals.

Pareto's Principle is a great resource for people who want to know which battles aren't worth fighting. This principle states that 80% of your results come from 20% of your efforts. Entrepreneurs and investors can use this insight to cut down on unproductive activities that aren't generating as much results. They can also decide which projects to stop pursuing. 

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Can You Finish If You Start?

Cardone's advice isn't only for people who are juggling multiple projects. It's also a great reminder for people who are about to embark on a new project. Before buying a property and deciding on an investment strategy, you should determine if you can stick with the asset for the long haul.

For instance, Airbnb and other short-term rental investments have been getting more popular. While Cardone isn't a fan of short-term rentals, these investments can generate higher cash flow if you stick with them. One of the problems with short-term rentals is that it takes far more time and work to manage them compared to long-term rental properties. 

If you feel confident about your ability to overcome obstacles for this investment, it may make sense. However, if you aren't sure if you can finish the fight, then you may want to start working on another project.

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Less Is More

Starting fewer projects gives you more time to focus on the few remaining initiatives. You can then divert more of your attention to those opportunities and potentially reach your goals sooner.

Cardone has many real estate properties, so "less is more" may initially seem to be the wrong takeaway. However, Cardone has remained focused on real estate. He doesn't diversify into stocks and other assets. He only recently started to invest in crypto. 

This example demonstrates that you can achieve a lot if you narrow your focus. Focusing on fewer things isn't a sign of weakness. Instead, it can set you up for seismic success if you pour more of your time into the right areas.

The next time you're working on a project or thinking of starting one, consider if you are committed to doing what it takes to cross the finish line.

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