Money

Self-made millionaire: If you have these 3 traits, 'you're never going to have a problem with money'

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Simple steps to get rich from a self-made millionaire

Before Grant Cardone hit seven figures, he was stuck in a sales job he hated and struggling to make ends meet. Today, the entrepreneur owns and operates four companies, has built a multimillion-dollar fortune and is gunning to become a billionaire.

Cardone credits his success to three specific character traits.

"I'm wealthy because I have courage, creativity and commitment," he tells CNBC Make It. "If a person has those three things, there's no way you're ever going to be broke. You're never going to have a problem with money."

Self-made millionaire Grant Cardone
Courtesy of Grant Cardone

When he was broke at age 25 and working at a car dealership, "even though I hated the job, I decided I would throw myself into my sales job 100 percent," Cardone writes in "Be Obsessed or Be Average. "

He committed to learning everything he could about sales and the industry. He watched sales training videos while he ate breakfast, listened to self-improvement tapes during his drive to work and was often the first employee to show up and the last to leave.

Cardone's hard work paid off: He went from making $3,000 a month to $20,000 a month in less than a decade.

Today, despite his success, he still works 95 hours a week. In fact, "if you gave me $5 billion, I'd still be grinding tomorrow," he tells CNBC Make It.

On the flip side, if Cardone lost everything and had to start over, he wouldn't be concerned about rebuilding his wealth: "You could take everything away — you could take all the real estate from me, take my name away from me, take the money away from me — as long as I'm free to roam the planet and I have courage and I have creativity and I have commitment, people are going to pay for that. I'll just do it faster next time."

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Video by Andrea Kramar

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