A self-made millionaire confesses the biggest financial mistake he's made

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grant cardone

Youtube/Grant Cardone

Grant Cardone.

Grant Cardone went from broke and in debt at 21 to self-made millionaire by 30.

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"Getting rich and becoming a millionaire is a taboo topic," he writes on Entrepreneur. "It shouldn't be taboo and it is possible."

That is, if you think big enough, the entrepreneur and best-selling author emphasizes: "The single biggest financial mistake I've made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough."

He's not the only self-made millionaire to encourage this level of thinking. After studying a number of wealthy people, self-made millionaire Steve Siebold found that rich people set their expectations high - they aren't afraid to think big.

After all, "no one would ever strike it rich and live their dreams without huge expectations," he writes in "How Rich People Think."

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The bottom line: Aim for $10 million, not $1 million, the self-made millionaires encourage.

"To think that you can't get your share is ridiculous when you consider that there is approximately $41 trillion dollars in global circulation," Cardone writes. "There is a greater shortage of people going for 'more money' than there is money. Sounds like a simplification but my entire financial world changed when I realized there was no shortage except for the one in my mind."