#1171 Codie Sanchez | The Secret To Thriving In A Recession

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 13 March 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Codie Sanchez is the founder of Contrarian Thinking, and has a goal of creating one million financially free individuals. This conversation was held at Lyceum Miami. Topics include preparing for a recession, the benefits of investing in private markets & "boring" businesses, the importance of winning the war for attention, how to negotiate business deals effectively, her financial Fridays, her daily schedule & how she conducts meetings, strategies for finding talent & scaling through automation, questions about her MBA, running a business while working a full-time job, and emphasizes the importance of building an online presence.

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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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TIMESTAMPS:

0:00 - Intro
0:15 - Preparing for a recession
2:48 - Private markets
5:35 - Boring businesses
7:03 - War for eyeballs
8:50 - Business deals
11:46 - Levels of operating the business
13:53 - Financial Fridays
15:55 - Favorite tools to utilize
18:48 - Questions to ask yourself
20:57 - Daily schedule
22:30 - Meetings
23:47 - Finding talent
28:00 - Scale & automation
30:07 - MBA - would you get it again?
32:31 - Running a business with full-time job
34:50 - Find online

Transcript

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0:00.0	Cody Sanchez is the founder of Contrarian Thinking.
0:03.4	The following conversation was recorded at a live event called Lyceum Miami,
0:07.4	which my team and I hosted on March 4th at the Miami Beach Convention Center.
0:11.2	Here is my conversation with Cody Sanchez.
0:14.3	Ready to launch your business?
0:15.9	Get started with the commerce platform made for entrepreneurs.
0:19.1	Shopify is specially designed to help you start,
0:21.7	run and grow your business with easy customizable themes that let you build your brand,
0:26.7	marketing tools that get your products out there. Integrated shipping solutions that actually
0:30.7	save you time, from startups to scaleups, online, in person and on the go. Shopify's made for
0:37.1	entrepreneurs like you.
0:38.7	Sign up for your $1 a month trial at Shopify.com slash setup.
0:44.7	Hello blue skies. Hello moving onwards and upwards. Hello taking control of your money.
0:52.1	Say hello to tax-free investing.
0:54.9	Open a stocks and shares, ISA,
0:57.0	and act by the 5th of April
0:58.4	to get 100 to 3,000 pounds cash back.
1:02.0	Hargreaves Lansdowne, Hello Life.
1:05.9	Register and add or transfer 10,000 pounds plus.
1:08.3	You may get back less than you invest,
1:09.9	and tax benefits vary.
1:11.0	For terms and conditions, see hl.co.ukh, 4.jslai.
	...

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