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The Iced Coffee Hour

Money Expert: These 5 Money Habits Are Keeping You POOR! | Codie Sanchez

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6679 Ratings

🗓️ 5 February 2024

⏱️ 186 minutes

🧾️ Download transcript

Summary

BETTERHELP: BetterHelp If you’re struggling, consider therapy with our sponsor BetterHelp. Click https://betterhelp.com/icedCoffeeHour for a 10% discount on your first month of therapy with a licensed professional specific to your needs. SHOPIFY: Sign up for a $1 per month trial period at https://shopify.com/ich HIMS: Tackle hair loss with simple, effective treatments at https://hims.com/ich Follow Codie Sanchez Here:  @CodieSanchezCT  NEW: Join us at http://www.icedcoffeehour.club for premium content - Enjoy! Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! 0:00 - Intro 6:32 - Codie on Growing Up & Starting a Protest 13:22 - Why College Degrees Aren’t Valuable Anymore 20:42 - Why Codie Quit Vanguard to Work at Goldman Sachs 35:27 - Make Your First $1,000,000 at a 9 to 5 Job 41:56 - Signs It’s Time to QUIT Your Job 46:01 - You Can Buy Businesses - Here is What to Look For 54:26 - Codie Breaks Down The FIRST Business She Bought 1:00:17 - The BEST Businesses to Enter Into in 2024 1:04:53 - Why Blue Collar Work is Under Appreciated 1:10:03 - Social Media’s Impact on Men & Women 1:14:40 - Codie’s Thoughts on Gender Roles 1:20:48 - Codie’s Business Portfolio and Investments 1:29:27 - Avoid ‘B-Players’ and Become an ‘‘A Player’ 1:38:52 - Codie’s Advice for People Who WANT to Become Rich 1:41:02 - Codie’s Thoughts on Diversity, Equity, and Inclusion in Business 1:47:06 - Girl Boss vs. Stay-at-Home Wife & Tips for Men 1:58:28 - Codie vs Graham Debate: Should You Buy Starbucks Coffee? 2:07:38 - Attention is the NEW Currency 2:16:10 - Codie on Marriage, Divorce & Prenups 2:28:25 - Attaining True Freedom: Physical, Financial, and Philosophical 2:38:50 - Does the American Dream Still Exist? 2:47:39 - Real Estate Tenant HORROR Stories 2:54:22 - Codie Opens Up About Her Biggest Insecurity 2:58:13 - Closing Remarks *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

At Pure Gym, whatever you're here for, we're here for it.

0:04.0

So whether you're here to meet your goals or meet your gals,

0:08.0

take a bit of me time, or a weight off,

0:12.0

getting back on the bike,

0:16.0

or spilling the tea while you spin, they said what?

0:19.0

We're here for it. With 50% off your first month

0:22.9

and no joining fee for a limited time. Whatever you're here for, we're here for it. Pure Jim.

0:28.7

Terms of conditions apply. The average American dies, overweight, alone, and broke. We sure as

0:34.2

don't want to be the average. You can definitely make your first million in a nine to five easier than you can an entrepreneur.

0:40.8

Go steal somebody else's homework and learn on their dime instead of your own.

0:44.8

Every action you take either makes or loses money for a company.

0:49.1

How much profit do you make the company?

0:50.8

Because that's how you figure out how to negotiate to earn more.

0:53.0

We were taught budgeting and saving and don't have in in Starbucks and I don't believe in any of that. What is your advice

0:58.0

for people who want to become rich? I think the best advice for people that are young is simply this

1:03.2

idea of... Well, there you have it, everybody. There is the recipe to become rich. Cody Sanchez,

1:08.5

this has been a long time coming. You're extremely impressive. I've seen you

1:11.7

on quite a few different podcasts every single time. They blow up just because you're so knowledgeable

1:15.5

and everyone loves you. Thank you for coming on the iced coffee. I really appreciate it.

1:19.1

My pleasure. I'm excited to be here, guys. So I'm curious, why should people listen to you?

1:22.8

Oof. I mean, you shouldn't, really. I don't think you should listen to anybody on the internet. Question everything is actually our motto, contrary in thinking. But one of the reasons that I like talking on the internet is that I don't think enough people talk about the fact that the most important thing for any human is ownership in one shape or form. So I don't think you have to listen to me, but I do think you should listen to more people who say you're capable and you can do it and you should have skin in the game as opposed to a C or a chorus of

1:49.3

humans these days that tell you all the reasons why you can't and you're a victim and it's not possible,

...

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