The Skinny Confidential Him And Her Show Codie Sanchez: Why You're Still Broke, The Rich Mindset & What You Need To Know About Success & Personal Finance Mastery
28 snips
Dec 2, 2024 
Codie Sanchez, Founder and CEO of Contrarian Thinking, shares her financial wisdom accumulated from a decade in Wall Street and private equity. She discusses the power of a wealthy mindset and the importance of engaging with content that fosters personal growth. Sanchez reveals strategies for investing in low-risk, profitable businesses over unstable startups. She also challenges traditional educational pathways, advocating for real-world experience and overcoming scarcity mindsets to achieve entrepreneurial success.
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Mafia Bar Mitzvah
- Codie Sanchez spoke at a Detroit event that felt like a "mafia bar mitzvah."
- The audience mainly consisted of people who owned car washes and laundromats.
Boring Businesses
- "Boring" businesses, unlike startups, generate immediate cash flow.
- Codie Sanchez sought businesses with low risk, manageable employees, and a clear path to profitability.
First Laundromat
- Codie Sanchez's first laundromat venture was born from a partnership with a real estate expert.
- She financed it, he operated it, and they aimed for businesses under $100,000.
