The Harsh Truth: Why You’ll NEVER Make Money!

BigDeal

Codie Sanchez

Business, Investing, Entrepreneurship, Marketing

4.8 • 681 Ratings

🗓️ 22 October 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of the Big Deal Podcast, Codie Sanchez dives deep into the principles of financial freedom and how to truly achieve wealth. It's not just about making money – it's about mastering your relationship with it and understanding the sacrifices it requires. Codie shares her personal journey, hard-hitting truths, and actionable frameworks to help you start building wealth today. Whether you're just starting out or looking to level up, this episode will equip you with the mindset and tactics needed to take control of your financial future. 00:00:00 - Welcome to the Big Deal Podcast 00:00:37 - Framework to start building wealth 00:01:10 - The importance of your relationship with money 00:03:12 - Why people don’t make money: Sacrifice and mindset 00:05:30 - Overcoming obstacles in your financial journey 00:08:14 - Understanding the language of money and deal-making 00:12:00 - Avoiding mistakes through inversion thinking 00:18:45 - The Pareto principle and focusing on high-impact actions 00:25:00 - How to apply compounding to your skills and wealth 00:32:45 - The five-step process to financial success 00:36:52 - Why leaving your hometown could be key to your growth 00:37:30 - Closing thoughts and encouragement 💰 Seller Financing Course Application: contrarianthinking.biz/sfn-bigdeal 💼 Register for Bizscout: https://contrarianthinking.biz/3XYT2zr 📕 Main Street Millionaire Book Pre-order - https://msmbook.com Checkout Codie's Stuff: Free newsletter: https://contrarianthinking.biz/3XWLlZp Biz buying course: https://contrarianthinking.biz/3NhjGgN Resibrands: https://resibrands.com/ CT capital: https://contrarianthinking.biz/4eRyGOk Main st hold co: https://contrarianthinking.biz/3YfGa8u 🔗 MORE FROM BIGDEAL: 🎥 Youtube: https://www.youtube.com/@PodcastBigDeal 📸 Instagram: https://www.instagram.com/bigdeal.podcast/ 📽️ TikTok: https://www.tiktok.com/@big.deal.pod 🔗 MORE FROM CODIE SANCHEZ: 🎥 Youtube: https://www.youtube.com/@CodieSanchezCT 📸 Instagram: https://www.instagram.com/codiesanchez/ 📽️ TikTok: https://www.tiktok.com/@realcodiesanchez Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We have stagnating wages, but we have increasing productivity, which means we've actually been doing more.
0:05.3	We have these big financial institutions like the Fed and banks that are supposed to help us make more money.
0:10.6	In my mind, it's don't trust the big institutions, don't trust Wall Street, don't trust the banks.
0:16.5	It comes down to trusting yourself.
0:17.9	And I want to break that down.
0:22.6	Hey, and welcome back to all those who put in the work. It's Cody Sanchez and this is the Big Deal podcast. For those who don't just
0:26.6	want to be rich, but want to be free and do what it actually takes to get there. Okay, so today,
0:31.1	I want to help you get rich through lessons I've learned along my journey. My mission has always been
0:36.4	to bring financial freedom to the people
0:38.4	who deserve it, hardworking high character individuals who want to build for themselves or their
0:43.2	families in a world of burn it downers. This episode is for you. By the end of this episode,
0:48.3	you will be able to walk away with a framework or game plan to building your wealth today.
0:53.0	But first, if you're digging this podcast
0:54.9	like a raccoon in a dumpster, don't be stingy, share it with your friends, your ex, or even your
1:00.0	weird neighbor. Let's get this thing spread like peanut butter on a hot summer day, huh? All right,
1:04.6	let's jump into the episode. I want to start this podcast, not with hard tactics and tools,
1:09.7	but something even more important that you might not
1:12.1	think about often, your relationship with money. My overall philosophy on money completely
1:17.0	changed once I started making it. And then I realized why so many of us live most of our lives
1:22.6	never having actually touched money. Let's think about this for just a second here.
1:26.6	The average person, so 46%
1:29.3	of all Americans, die with less than $10,000 to their name. That is so scary. And I think we feel
	...

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