Now Is The Time To Get Rich | Codie Sanchez PT 2

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Sep 13, 2024

In this engaging discussion, Codie Sanchez, a champion for contrarian thinking and financial empowerment, shares her insights on thriving during economic downturns and the significance of ownership. She emphasizes curiosity over genius and highlights the joy found in life’s challenges. Codie advocates for small business ownership as a pathway to freedom, stressing the importance of surrounding yourself with high performers. The conversation dives into critical thinking in business, fostering resilience, and viewing life as a game to embrace growth and fulfillment.

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ADVICE

Uncovering Hidden Assumptions

Identify base assumptions and predictions in arguments.
Ask if predictions hold true to avoid being misled.

INSIGHT

Importance of Statistics

Understanding statistics and the scientific method are crucial for success.
These tools help assess data, identify lies, and make sound decisions.

INSIGHT

Business as Statistics

Business decisions are statistical bets on outcomes.
Define goals clearly and quantitatively for better decision-making.

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Welcome back to another insightful episode of Impact Theory with Tom Bilyeu! Today, we have a dynamic conversation featuring Codie Sanchez, a fierce advocate for contrarian thinking and financial empowerment.

Codie emphasizes the value of curiosity over outright genius, the importance of ownership, and the joy found in life's inevitable difficulties. She shares her strategies for thriving during economic downturns, the benefits of surrounding yourself with high performers, and why small business ownership could be your ticket to freedom.

Together, Tom and Codie delve into the significance of culture in business, the role of hard work in achieving success, and how to navigate the complexities of leadership. They challenge common assumptions, stress the importance of tough conversations, and explore the soul-nourishing aspects of work and life.

SHOWNOTES

Question hypotheses, test predictions, challenge understanding confidently.

Confusion about fulfillment and finding happiness.

Financial independence through diverse income sources and assets.

Embrace change, help others in personal development.

Reject top-down control, embrace personal empowerment.

Embrace adversaries, see opportunities, have fun.

Focus on interests, skills, and passion discovery.

Bad memory can be an advantage.

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