The #1 Money Lesson School Failed To Teach You [Escape The Rat Race] | Codie Sanchez

Are you ready to become impossible to ignore? To achieve unmatched success and financial freedom, it's never about where you start, it's about your journey to acquire skills and the ideas you choose to invest in. In today’s episode we explore the mind of Codie Sanchez, a successful business investor and entrepreneur who has built top-tier success turning “boring” companies into a financial empire.

Discover how Codie broke free from small thinking to create a life of wealth and prosperity. She believes that the difference between being broke and being a billionaire is a set of ideas. Through her unique perspective and strategies, she provides an instruction manual for success that you can apply in your own life.

We further unravel Codie's gateway to success - a simple idea executed brilliantly, turning boring businesses into gold mines. This is a testament to her belief that everyone can achieve massive success by discarding the unnecessary and focusing on what truly matters.

“I don't acquire money because I want Lamborghinis and fancy things. I do it because I think it is a way to freedom, because it is a tool for power.” -Codie Sanchez

If you're interested in mindset, entrepreneurship, building wealth, and creating a successful business, this episode is a must-watch. Get ready to rewrite your instruction manual for success with Codie Sanchez on Impact Theory.

Codie Sanchez Quotes:

“Money wields more power than you perceive. Hearing that 'money can't buy happiness' often leads to the false narrative that money is evil, worthless, or unworthy of pursuit."

“I don't acquire money because I want Lamborghinis and fancy things. I do it because I think it is a way to freedom, because it is a tool for power.”

“Most people that are blue collar workers, at least in my experience that I've worked with, they think about personal development a bit like therapy.”

"Strive for excellence to an extent that you become impossible to ignore."

“I had to re-navigate and negotiate my language. That was the only way I could change my relationship with money. So it started with being okay with things like personal development, which is totally normal.”

“Do you think you have been investing in small businesses for so long? Small has affected your thinking?”

“I actually think that money might be contagious and that if you are around people who have it, the exact opposite of everything we think happens, [...] especially when you're young, and especially if you're hungry.”

“I don't really know how to learn except I get around other people who have more than I do and I just see how they think. And then it opens up this whole aperture”

“I don't know when in today's world we decided that having difficulties in front of you meant that you were meant for less. That is such a false narrative, so I just don't ascribe to it.”

Follow Codie Sanchez:

[TomBilyeu]

WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!

[CodieSanchezCT]

This was an absolute pleasure. Hopefully we help some peeps out! ❤

[Andrian-chon]

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

[nyxehxt]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[PaulKatrina.]

So much knowledge! Absolutely free! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing, trying to correct that now. Already have a few thousand$ saved up to invest for long term. I would like to know what advice you could give to start my investing journey. Listening to you gives me inspiration and wisdom. Thank you so much!

[diane.moore-]

Building wealth and achieving financial independence is more achievable than commonly perceived. With access to accurate information, establishing lasting financial stability and prosperity becomes attainable. Engaging in prudent investment remains a primary avenue for generating substantial income and sustaining enduring wealth.

[geraldt]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

[Valentina]

Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022<<

[HolyMariam]

Great video!. Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early

[mark]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

[CraigMarsh-hupf]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[groomergirl]

Love this. I own a small dog grooming salon and have been with my husband since we were 15 and 16 yrs old (22 years) with a teenage son together. We don't know how to do life apart. I make more money but he really keeps the household going. He gets home before I do, does most of the cooking, we share the cleaning, he does all the yard work, I take care of the abundance of animals we have, I run the business, we share in raising our son equally. He is absolutely a huge part of why I'm successful. He also keeps me grounded when I'm trying to do too much, work too many hours, etc.

I love the advice from you both, and have watched several of both of your videos. I'm going to try the 3 goals, make a shift in some things with my employees, and thank you for reminding me to make sure my husband knows how much I appreciate him today.

[Domzdream]

She’s wrong about Hitchens. He was a hard atheist to the end. Maybe she got it confused with his brother, but Hitchens was a straight away to end.

[CoinRanking-Guide]

VRI TOKEN has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures

[danniellenelson]

My goodness! Hearing two highly intelligent people discussing business in the context of culture, practices, personal preferences, and personality, AND understanding that the language changes between groups of people ie. from low financial success to high success has been a fascinating concept to uptake.
I really can't get enough of this kind of discussion. I feel if more of us spoke this honestly about what money can really do, rather than just focusing on getting "rich" then our world could change on a dime. Accountability for our decision-making power seems to be one of the largest blocks in our social age that keeps people locked into limiting belief structures and poverty.
Writing out all of the points of what you offer in terms of value can be translated to SO many aspects of our lives, not just business. I am truly grateful for the overarching depth within everything you shared today. Thank you both!

[cac]

Thank you, Tom. "You can get so good at the game that nobody can stop you!"

I really appreciate your work and the guests on your show. Beautiful!

[Americancowboy]

Can't deny the fact that VRI TOKEN is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.

[tarasjseaks]

I absolutely needed this conversation BADLY. First, I absolutely adore Codie and am glad she was on here sharing her genius.

But hearing Tom touch base on new entrepreneurs having trouble with priorities.... God yes man. Thank you. I have ADHD as it is and have been solely blaming my damn self. But I do see little by little what get more traction and how to become more efficient. Thank you! Such simple words can make the greatest difference.

[mikeevans]

I got emotional listening to thos today, at work, teared up it was crazy. For the first time in my life i truly believed ivwould find financial success. Thank you so much

[Domzdream]

Regarding free work - it’s easy to do free work if you already have a pretty good established wealth to fall back on. Like you do Tom. Then you mentally can adjust and seek the time in order to learn new stuff.
But when you have zippo in the bank, and you’re tired of being paid bugger-all for the effort you have or will have put in, and get nothing….it’s generally avoided. It’s not just impractical but also a mental state.
Wealthy people tend to forget this mental state and put it behind them.
Don’t forget where you came from Tom, because most people tend to be there, in the deficit of life. In the trenches.