First Things THRST E068 - The Smartest Business Ideas to Become Rich in Your 20s & 30s (Escape Your 9-5) | Codie Sanchez
Dec 10, 2024
Codie Sanchez, a renowned investor and author of 'Main Street Millionaire', shares her wealth-building journey. She highlights lessons from the 2008 financial crisis and her unique strategy of buying businesses instead of starting them. Codie dives into her 'three C's' for success: curiosity, crowd, and cash. She emphasizes the importance of networking, mentorship, and choosing the right business ventures, while advocating that business ownership should be accessible to all. Her insights on entrepreneurship and scaling businesses are both practical and inspiring.
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From Journalism to Finance
- Codie Sanchez transitioned from journalism to finance after witnessing the impact of poverty on the US-Mexico border.
- She realized money's importance in asserting one's will and achieving freedom.
The Three C's of Money
- To make money, focus on curiosity, crowd, and cash.
- Ask the right questions, attract the right people, and ensure your skills are valuable.
The Value of Employment
- Get a job at a good company to learn business on someone else's dime.
- View employment as an opportunity to improve skills and gain experience.
