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Home Features Feature Story

Side Hustles Will Never Make You Rich

Grant Cardone by Grant Cardone
September 1, 2021
in Feature Story
Reading Time: 2 mins read
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NO WEAK LINK IN THE CHAIN

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When you do the math, you’ll see that side hustles will never make you rich.

 

Did you know that Uber drivers earn a median monthly income of $154? That comes to $1,860 dollars a year, which means it would take nearly 538 years to make $1 million as an Uber driver – by the way, $1 million isn’t rich. It isn’t that you are not capable of becoming rich, you just aren’t going to live that long! I’m not telling you this to discourage you. I’m telling you this so I can help you put your focus on what will get you results. When you learn to control and focus on what matters, you’ll become a powerful and unstoppable person! That’s what I’m talking about this month.

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There is nothing wrong with wanting to become unbelievably wealthy. Success is important in order to live a full life; but you need to identify why you want to do it. Those reasons are your purpose. Having a purpose will entirely change your viewpoint of being successful. It will transform success from an option to a duty, obligation and responsibility. As long as you see it as an option, you won’t be driven enough to fulfill your potential.

Commit to your purpose – it’s where you need to direct your attention. It is easier to stay committed when you are motivated by things other than money.

You may have guessed from my introduction that I don’t like the concept of the “side hustle.” It gives the impression that you’re not committed. Having a side hustle means you have a “main” hustle you’re not committed to. What results would you get if you completely fixated on your main hustle? In my life, I’ve found that when I commit 100% to any course of action, I’ve gotten immediate results. When I wasn’t, the results were delayed or never happened. I was in and out of sales for five years before I decided to fully commit to it as my career. Before I did so, my performance was average at best. Only when I became fully dedicated and obsessed with learning everything I could about sales was I able to earn income that could propel me toward my purpose.

The point is that if you want to become rich, you need to quit your side hustles – they’re not helping you. They are just distractions from the actions to which you should be giving your all. Also, stop looking for other options. Commit to and strengthen your primary flow of income. It deserves and needs your love and attention. Committing is like magic … do it now, and watch what happens.

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Grant Cardone

Grant Cardone

Star of Discovery Channel’s “Undercover Billionaire,” Grant owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is world’s Top Crowdfunder, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including The 10X Rule, which led to establishing the 10X Global Movement and the 10X Growth Conference, now the world’s largest business and entrepreneur conference. The online Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million + following to give back via his Grant Cardone Foundation, a non-profit dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.

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