#11: Codie Sanchez

The BetterLife Podcast: Wealth | Real Estate Investing | Life

Brandon Turner and Cam Cathcart

House Flipping, Multifamily, Real Estate, Wealth, Investing, Business, Real Estate Investing, Self-development, Entrepreneurship, Rental Properties, Health

4.8 • 767 Ratings

🗓️ 22 May 2023

⏱️ 107 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Codie Sanchez owns a portfolio of dozens of "boring businesses" that bring in more than $50 million in annual revenue. She also founded Contrarian Thinking, a financial media company with 100 million views per month.

Codie's journey began as a journalist covering stories along the US-Mexico border, before she transitioned to a career in finance and private equity investing.

Today Codie covers:

The mind-blowing power of building an audience and leveraging social media
Her top 3 tips for young people pursuing financial freedom
Secrets to negotiating a pay raise
Surrounding oneself with high-performing individuals for personal growth and success
Upcoming opportunities in real estate
The rationale behind her focus on "boring businesses" and why they hold tremendous potential for long-term success
Her comprehensive 10-step process for acquiring businesses

Codie’s charitable cause: SEAL Future Foundation, an organization dedicated to helping SEALs transition and fulfill their full potential in civilian life

Transcript

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0:00.0	I have never met someone who is wildly successful, who is not obsessed with the game of business.
0:08.6	So your job as your younger should be to find a way to become obsessed with not necessarily the outcome,
0:15.4	not that I want to just be a painter and artist and et cetera. It's like learn to love the game.
0:20.7	And the second you can learn to love the game,
0:22.6	everything gets a lot easier.
0:26.2	Welcome to A Better Life with Brandon Turner.
0:29.2	That is me,
0:29.9	where world-class guests share their wisdom
0:31.6	on building a better life.
0:33.1	Join me as we explore the habits,
0:34.8	the actions, and the beliefs
0:36.0	that have guided their journey
0:37.0	with the aim of helping you apply those lessons to your own.
0:40.3	We set on signs on your better life.
0:50.3	Cody, you're awesome. Thanks for being here today. Like I said, I was not going to start that way. And here I am starting that way. I want to go into your story. So you, from what I understand, I've been following you on social media forever. And I know a little bit about you. You have, I think, 26-ish companies that you currently own. Over 100 companies you've invested in, married to a former Navy
1:11.1	seal. You got a lot of crazy, cool things going on. But I want to go back way before that.
1:15.8	Before all of that, and you were a big deal in the hundreds of thousands of Instagram, whatever,
1:22.7	and where were you before that? Take it back to another place in your life earlier when you
1:26.5	were maybe at your lowest.
1:36.3	Yeah, well, I think before I did anything in finance, I did something totally different, which is I was a journalist covering human trafficking along the U.S.-Mexico border.
1:44.5	That was like my first real job. I did a bunch of internships. I think I've worked since I was 15. I've knocked on doors and sold wallpaper, the whole thing. I think my most interesting job was that I won an award from the Howard F. Buffett Foundation,
1:48.8	which is Warren Buffett's kid. And he basically had this idea that humans create false borders that separate sort of our humanity.
	...

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