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The ONE Thing
449. A Path to Freedom with Codie Sanchez
Apr 22, 2024
Codie Sanchez, founder of Contrarian Thinking, shares insights on buying businesses, having a contrarian creed, surrounding yourself with successful influences, valuing business assets, strategies for business acquisitions, investing in established businesses, approaching acquisitions with humility, and lessons in business ownership. She emphasizes the importance of ownership and moving away from being average.
01:10:22
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Quick takeaways
- Acquiring businesses with a strategic mindset improves success rates in investments and deals.
- Overcome fear and ego in decision-making by seeking advice from high-performing individuals and building a strong team.
Deep dives
Understanding the Value of Asking Questions in Investing
Successful investing involves never losing money, which can be achieved by avoiding information disadvantages. Journalistic skills of asking questions are crucial in navigating investments. Continuously asking thoughtful questions helps in understanding investments better.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode