The Knowledge Project with Shane Parrish

#211 Codie Sanchez: Your Blueprint to Financial Freedom

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Jan 7, 2025

Codie Sanchez, author of "Main Street Millionaire" and founder of a successful holding company, shares her journey from Wall Street to empowering individuals in financial freedom. She debunks financial myths and discusses the essential distinctions between acquiring and retaining wealth. Codie emphasizes the importance of mindset shifts, strategic networking, and learning from setbacks. She also explores the dynamics of relationships in business and personal life, highlighting resilience and the impact of supportive connections on success.

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ANECDOTE

Codie's Business Journey

Codie Sanchez's business acquisition journey began by emulating private equity strategies.
She adapted their model to smaller businesses, aiming for long-term ownership rather than quick sales.

INSIGHT

The Language of Money

The language of money is about understanding money as a tool and how the wealthy use it.
It involves using debt intelligently and focusing on attracting money rather than just saving.

ADVICE

Path to Financial Freedom

To gain financial freedom, start with a stable job in a high-paying industry like finance.
Use this time to learn, accumulate capital, and understand how money works before venturing out on your own.

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