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The Mindvalley Podcast with Vishen

Codie Sanchez on Building Wealth Through Creative Deal-Making | Ep63

The Mindvalley Podcast with Vishen

Mindvalley

Education, Mental Health, Health & Fitness, Self-improvement

4.51.5K Ratings

🗓️ 16 December 2024

⏱️ 70 minutes

🧾️ Download transcript

Summary

Have you ever looked at a small, “boring” business and wondered, "What if this could change my life?” That’s exactly what Codie Sanchez, Award-winning Journalist-turned-Investor and Founder of Contrarian Thinking, did—and now she’s helping others do the same. With over 2.5 million followers, a New York Times best-selling book, and a mission to create one million financially free humans, Codie’s turning curiosity into a movement. In this episode, she shares her no-nonsense approach to building wealth through everyday businesses and deal-making. Codie doesn’t just talk about money—she’s on a mission to redefine it as freedom. With an M.B.A. from Georgetown and experience co-founding Unconventional Acquisitions, she knows how to make fear of debt and negotiation a thing of the past. Her expertise in leveraging skills for equity and unlocking opportunities in overlooked businesses will blow your mind. Plus, she’s got a way of explaining it all that feels practical, empowering, and refreshingly real. Tune in and learn how to spot hidden opportunities, own your financial confidence, and see business in a whole new way. If you’re ready to challenge the status quo and step into financial freedom, this is the episode you can’t afford to miss. Key Timestamps [00:00:00] Introduction.  [00:02:04] Money equals freedom. [00:04:49] Curiosity leads to financial success. [00:09:26] Business transition and opportunities. [00:16:37] Purpose: Passion meets money. [00:23:35] Worst businesses to buy. [00:25:41] Risk management in business. [00:28:00] The myth of debt. [00:33:00] Self-worth and entrepreneurship. [00:39:07] Wealth vs. status games. [00:42:21] Buying a business with expertise. [00:50:21] Top talent and wealth sharing. [00:52:25] Negotiating from kindness and confidence. [00:55:25] Technology's impact on humanity. [01:02:21] Community-owned businesses and partnerships. Memorable Quotes "It's not a lack of money you don't have. It's not a lack of intelligence you don't have. It's a lack of knowledge. And when you know that—that should be super empowering." – Codie Sanchez "Your bank account will be a reflection of two things, I think. The speed at which you move and the amount with which you are comfortable getting uncomfortable. The faster you move and the more you take on discomfort, the more money you're going to make." – Codie Sanchez  Where to Find Our Guest Website: https://codiesanchez.com/ Instagram: https://www.instagram.com/codiesanchez/ Facebook: https://www.facebook.com/codiesanchezbiz/ LinkedIn: https://www.linkedin.com/in/codiesanchez/ X/Twitter: https://x.com/Codie_Sanchez YouTube: https://www.youtube.com/@PodcastBigDeal TikTok: https://www.tiktok.com/@realcodiesanchez To stay connected and to learn more about Vishen and Mindvalley, click on the links below:  Website: https://www.mindvalley.com/about Instagram: https://www.instagram.com/mindvalley/ Facebook: https://www.facebook.com/mindvalley Subscribe to 'Mindvalley Membership' to discover 65+ transformational Mindvalley programs – at a surprisingly low annual fee here 👉 https://go.mindvalley.com/NOW  Produced by Evolved Podcasting: www.evolvedpodcasting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, want to hear a PC Game Pass advert?

0:04.7

I'll take your silence as a yes.

0:06.6

Want you games on day one like Call of Duty Black Op 6 or Stalker 2?

0:10.5

I thought so.

0:11.8

How about unlocking all the League of Legends champions when you link your Riot Games account?

0:15.7

All for one low monthly price.

0:17.3

Well, guess what?

0:18.2

We got you.

0:19.5

Learn more at Xbox.com slash PC game pass. Stalker to

0:22.6

available November 20th, 20th, 24. Game catalog varies by region and overtime. And yeah, that's the

0:27.9

end of the script. I saw these women be brutalized and murdered, and I was pissed. I realized

0:35.6

I didn't want to be a reporter anymore. I wanted to be able to help more people make money

0:40.0

because I think money equals freedom.

0:43.6

Cody Sanchez is an award-winning journalist.

0:46.3

Investor and the founder of contrarian thinking.

0:48.8

She's now on a mission to create one million financially free humans through business

0:53.6

or mission.

0:54.4

What comes after curiosity is cash.

0:56.8

What does that mean?

0:57.9

If you want to get cash and a lot of it, you really have to be curious about whatever you do.

1:02.8

It's like I don't inherently love laundromats or car washes, but I became insatiably curious about the game of business.

1:09.1

Like, could I learn how to do dealmaking and buy businesses without a ton of capital so that I was really, really free?

...

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