How I Went From Broke to Rich (4 Steps)

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  • čas přidán 15. 05. 2024
  • Want to learn how to buy a business? (Free Consult): contrarianthinking.typeform.c...
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    WHAT BROUGHT ME TO CZcams: I worked at Goldman Sachs, in Private Equity, and built up a $100M holding company. But after being in Wall Street for so long, I got tired of managing hundreds of millions for the rich. Investing was for the few not the many. F that. You all are the reason I do this. We as a society need to get rich together. My mission is to create 100,000 business owners, I hope you’re one.
    FREE investing and money Newsletter to 750k+: www.contrarianthinking.co
    If you have a startup you want $ for: www.contrarianthinkingcapital.com
    If you want to sell us your small business: www.mainstreethold.co
    *Get social with us:*
    📸 Instagram - / codiesanchez
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    -----------------------------------------------------
    Check out these other great videos! 🔽
    • Plans For A $100M Busi...
    • How he turned $5k into...
    • 9 Middle Class Habits ...
    -----------------------------------------------------
    0:00 - LEARN
    10:53 - EARN
    23:59 - INVEST
    38:50 - COMPOUND
    -----------------------------------------------------
    The BE AN ADULT SECTION 🤗
    All content on the Codie Sanchez CZcams channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
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Komentáře • 149

  • @CodieSanchezCT
    @CodieSanchezCT  Před 10 dny

    Want to learn how to buy a business? (Free Consult): contrarianthinking.typeform.com/to/WBztXXID

  • @kevns689
    @kevns689 Před 3 měsíci +104

    She summed up my parents perfectly "A job they hate, a life they hate, no money in the bank account with a body that's failing"

    • @robinsingh7425
      @robinsingh7425 Před 3 měsíci +1

      You're gonna be the same wait for few years xD

    • @jakeerdos8908
      @jakeerdos8908 Před 2 měsíci +4

      Respect your Mother and Father. Your life is your own, don’t judge their choices.

    • @kimberlycareymua8207
      @kimberlycareymua8207 Před 2 měsíci

      I appreciate this so much

    • @cnssegura
      @cnssegura Před měsícem

      My father was the same way, but as she said, "you have to take risks". I'm still in the learning phase that she mentioned, but I have every intention of doing the same as her. Just taking a different approach to it since I'm not a business major. lol

  • @bookswithatwist-vanvelzerp9262
    @bookswithatwist-vanvelzerp9262 Před 3 měsíci +13

    I was an exec admin .... and all the new MBAs had NO idea to really run their departments ---- their degree was far beyond being impractical - and they pay the tuition off forever. Waste of their money

    • @donkeywhistler
      @donkeywhistler Před 2 měsíci +2

      except many of you wouldn't have given the non MBAs a second look

  • @MorganSteinagel
    @MorganSteinagel Před 2 měsíci +11

    Codie Sanchez is such a wise powerhouse. Love it.

  • @AnthonieMeijer
    @AnthonieMeijer Před 3 měsíci +12

    What a great channel Codie. Your video's are packed with insights!

  • @OHANA-Beach-Suites-CDO
    @OHANA-Beach-Suites-CDO Před 3 měsíci +12

    Codie, your mom would be so proud of me! Former special ED student! Building my own Beach Resort Hotel in the Philippines! Hard working! Nice to everyone! Thanks!🙏

    • @agi.kitchen
      @agi.kitchen Před 3 měsíci

      I know I’m not her mom, but I’m proud of you, too.

    • @flowergurl0575
      @flowergurl0575 Před 3 měsíci +2

      Now that’s amazing 🤩 thank you for giving former special education students, like myself hope of becoming knowledgeable and financially independent

    • @OHANA-Beach-Suites-CDO
      @OHANA-Beach-Suites-CDO Před 3 měsíci

      @@flowergurl0575 We are a family! We can do anything we put our minds to! LETS GOOOO TEAM!!!🙏🙏🙏

    • @LaundromatEntrepreneur
      @LaundromatEntrepreneur Před 2 měsíci +2

      That is amazing. 👍

    • @OHANA-Beach-Suites-CDO
      @OHANA-Beach-Suites-CDO Před 2 měsíci +1

      @@LaundromatEntrepreneur 🙏 thanks!!!

  • @frouge08
    @frouge08 Před 3 měsíci +5

    Our parents having a more anti-risk mindset, felt that in my soul. Absolutely had that mindset pushed onto me growing up in the 90's and even still appears in my adulthood today as a 33 year old. And though I wouldn't take my college experience back for anything, I'm not even in the same field as my degree lol

  • @bradmesser4807
    @bradmesser4807 Před 3 měsíci +9

    I did a lot of online courses as a grad school equivalent and was able to compound so much faster than just relying on guided undergrad classes. It did so much for my personal brand and knowledge. Really learned a lot.

  • @Thepositivitypowerhouse
    @Thepositivitypowerhouse Před 2 měsíci +2

    Part of happiness is your ability to have control over your own life. Financial freedom is the fast track.

  • @SS-wg7nh
    @SS-wg7nh Před 3 měsíci

    This that you speak resounds SO much truth.

  • @LaundromatEntrepreneur
    @LaundromatEntrepreneur Před 2 měsíci +1

    Thanks for this great advice.

  • @richhands5269
    @richhands5269 Před 3 měsíci +16

    My three favorite channels: Codie Sanchez, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

    • @monkmysterio
      @monkmysterio Před 3 měsíci

      me too!

    • @Tyron2820
      @Tyron2820 Před 2 měsíci

      Check out the hormoz’s as well! Great addition

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser she also is

  • @Heiditopanga
    @Heiditopanga Před 3 měsíci

    This is SO GOOD!!! Thank you

  • @gladsmd
    @gladsmd Před 3 měsíci

    Thank you so much Codie, what a big blessings on earth you are. ❤

  • @Fatima.Alsh.
    @Fatima.Alsh. Před 2 měsíci +1

    Codie, thank you.

  • @BMabros
    @BMabros Před 3 měsíci +5

    Im a recruiter... she is telling the truth

  • @AEAli7
    @AEAli7 Před 3 měsíci +8

    Codie, Codie, Codie...! I'm only 11 minutes "in" to this video. And I agree with every-single-word that you said. You are droppin' gem, after gem... I love it.
    In a world inundated with falsehood, we need more 'light-bearers' to speak the Truth. So, I applaud you, I thank you, I encourage you. Peace!

  • @OHANA-Beach-Suites-CDO
    @OHANA-Beach-Suites-CDO Před 3 měsíci +6

    Codie, tell your mom that I was in Special ED and a high school dropout! But I’m doing very well! I work hard as a Security Officer in Seattle at 2 full time jobs at 100 hours a week for years, while building my Beach Resort Hotel in the Philippines! Banks said NO! People counted me out! Well we open next year! Hard work and a vision! Staying OBSESSED about the Dream! Also love your hustle and grind! I don’t want to be RICH! I want to continue being HAPPY, and be good enough with money! Thanks!🙏❤️🏝️🏨🇵🇭⭐️⭐️⭐️⭐️⭐️

  • @jeepsahara333
    @jeepsahara333 Před 3 měsíci

    Wow- straight shots and reality checks ✅✅✅- Thank you Codie!

  • @Jerome58
    @Jerome58 Před 3 měsíci

    Thank you for making this informative video‼️ 😇

  • @wendibrown8317
    @wendibrown8317 Před 2 měsíci +2

    Codie, YOU ARE the best content creator on wealth !❤❤❤❤

  • @anablanco5203
    @anablanco5203 Před 3 měsíci

    Thank you for sharing your knowledge🙏

  • @pascopirate
    @pascopirate Před 3 měsíci

    Love your insight. Thank you for sharing.

  • @adventureswithsuzanna5667
    @adventureswithsuzanna5667 Před 3 měsíci +1

    Grateful for you wealth of knowledge Cody. Gems only in the vid, thank you for your effort, Time & Devotion

  • @empoweringjen8580
    @empoweringjen8580 Před 3 měsíci +7

    Codie you are so inspiring!!! As a first generation college grad and someone who’s worked in corporate world (and drowned in it) I’m ready to start making some changes to become an investor. I was considering getting into more debt with an MBA but because of your videos I’m now looking to open two small businesses and learn the hard not way and earn at the same time :)
    Please keep making content!!! 🙌🙌🙌

  • @karenm254
    @karenm254 Před 14 dny

    This content is GOLDEN! Thank you so much for sharing your wisdom.

  • @helloworldcsofficial
    @helloworldcsofficial Před 3 měsíci

    Awesome video.

  • @melissabrunow3040
    @melissabrunow3040 Před 2 měsíci +1

    You inspire me!

  • @faneeshwarpatel2052
    @faneeshwarpatel2052 Před 2 měsíci

    You reach a million subscribers congratulations 🎉👏
    Hope you keep making good videos

  • @x1_n_only_jtm_
    @x1_n_only_jtm_ Před 2 měsíci +1

    Hey Codie. You should come out with an IPO. I'll invest in you

  • @cindygranger4712
    @cindygranger4712 Před 11 dny

    You are amazing! This was incredible! I learned so much! I will reply all of this!❤❤❤

  • @ariafelisha
    @ariafelisha Před 3 měsíci +1

    Mmm Codie Sanchez is guiding a revolution of success.

  • @marckuhnmak
    @marckuhnmak Před 3 měsíci +1

    Another great share Codie! Appreciate all the value you bring to the table.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser.

  • @griselda425
    @griselda425 Před 2 měsíci

    26:54 Yes 🙌🏼

  • @jonathanwilson4171
    @jonathanwilson4171 Před 3 měsíci +4

    I saw my parents rely on Corp America and it chewed them up and spit them out. I built a million dollar business while keeping a corp job. Now I am building #2/3 at 50. Thank goodness I found Cody last year. I will do it even faster than the last time

    • @lawv804
      @lawv804 Před 3 měsíci

      How old were you when you started your 1st business? Im 41 with a good paying and stable job, but want more out of life. Got cash in the bank and no family. I'm thinking about giving up my career and trying my hand at business.

    • @jonathanwilson4171
      @jonathanwilson4171 Před 3 měsíci

      @@lawv804 43 with 4 kids and a stay at home wife..I had done a few things on the side but they never produced any significant income. "stable" is what I thought I had after 25 years in my industry. you should be crushing it, keep your day job and do more

  • @thenewermedicines
    @thenewermedicines Před 3 měsíci +1

    Facts.

  • @ShannonEBartlett
    @ShannonEBartlett Před 3 měsíci

    100 percent my belief as well. Even now, with my "little" experience that I've had as a new entreprenuer.

  • @user-mx3zz2lm9n
    @user-mx3zz2lm9n Před 2 měsíci

    Sweetoe,
    You should write a book..
    This is good stuff...
    A free CZcams book with no audio and no commercials...
    You d make a lot of money.

  • @fienno1
    @fienno1 Před 3 měsíci

    I love you Codie, you make business so easy and your way made it possible for me. (Belgium)

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @Revlok__
    @Revlok__ Před 2 měsíci

    Amazing video. Couldn't agree more. I'm currently 25 and working as an Actuarial Analyst at my first job after univeristy. You are such an inspiration Codie - keep it up.

  • @Fatima.Alsh.
    @Fatima.Alsh. Před 2 měsíci +1

    true.

  • @xfinancials
    @xfinancials Před 23 dny

    Codie I've been watching your stuff for a while now and love all your channels and the new one Big Deals! I know you were asking for feedback/suggestions on the premier of it, on this video it seems like a voice over at 42:36 min that is clearly visible and messes with me. Just some feedback, but the message overall is kickass and inspirational! Thanks for all you do.

  • @tinylil
    @tinylil Před 3 měsíci +4

    I can listen to you talk for hours! ❤

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @shesjenclarke
    @shesjenclarke Před 3 měsíci +2

    An MBA isn't the only path to success, but it's a valuable tool to have in your arsenal. While some may debate its usefulness, many companies won’t hire you without it. I believe everyone should endeavor to start a business, but we shouldn't overlook the skills gained from working in a professional setting, especially in prestigious companies like Goldman Sachs. These experiences can be invaluable in shaping one's understanding of the industry and honing essential skills.

    • @human1513
      @human1513 Před 3 měsíci

      MBA is only good if you want to stay in the indoctrination system and become an employee.
      Therefore, an MBA is not a path to real & true success.
      An MBA is a money maker for colleges & universities.

  • @zaneguse703
    @zaneguse703 Před 2 měsíci

    I love this concept of shepherds of people. When I was going through trying to play in the NFL, I asked a scout what the most important question on all of the forms they made us fill out was. He replied "Who else should we be recruiting that you played with or against, and why?" Always be looking to collect people that are better at things than you are is something I try to do as often as possible, and doing so has increased the impact that I can have.

  • @dougabbott9274
    @dougabbott9274 Před 3 měsíci

    Hey Codie, love your content !!!
    Question :
    When you say that you give your operators “skin in the game” with equity… are you actually giving this to to them (good will), or are you giving them the opportunity to buy-in for their portion of the equity ?

  • @leadgenjay
    @leadgenjay Před 3 měsíci +2

    Great insights on wealth creation! A quick tip for entrepreneurs looking to invest: always diversify your portfolio to manage risk effectively. Consider not just traditional stocks or real estate, but also look into newer areas like digital assets or niche markets that align with your expertise.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @john-wo4rv
    @john-wo4rv Před 3 měsíci +3

    This is a good video.

  • @itsmejetzza
    @itsmejetzza Před 3 měsíci +1

    There is also a fact that no matter how old or young you are, some people are just oblivious of the opportunities and possible outcomes in life, someones grandma was a pilot and nowdays some people are still afraid to fly in plane. 😂

  • @LivingLaVidaD
    @LivingLaVidaD Před 3 měsíci

    Yes! 👏 I’ll follow the person with the receipts instead of the degree every time 💯✨ just show me and I got it

  • @flowergurl0575
    @flowergurl0575 Před 3 měsíci

    Codie you’re awesome 🤩 I can’t wait to keep learning here with you. I just started learning about being financially independent. Was never taught the positivity of money for a comfortable living.

  • @monkmysterio
    @monkmysterio Před 3 měsíci +2

    this world is a mess folks

  • @glopez8358
    @glopez8358 Před 3 měsíci

    FACTS.

  • @jessevillarreal5349
    @jessevillarreal5349 Před 3 měsíci +4

    Great story. Codie you are making America great…..

  • @RayleneBrowne
    @RayleneBrowne Před 3 měsíci

    Implementation, yes!

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @caralynnn9096
    @caralynnn9096 Před 22 dny

    Is there a course you teach about business language/lingo ?

  • @user-wj5mb7ol6v
    @user-wj5mb7ol6v Před 3 měsíci

    I think an MBA and college in general exposes you to ideas. And like you said, if you get arrogant about what you think you know then you are looking at it wrong. If while your getting real world experience you come across areas that you have been exposed too it can help you to know some of the book knowledge. I run my own business and learned more in 1 year than I did in all 6 years of formal education....but! I also mixed in some things I learned in school that has helped me get through further faster.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser she also is.

  • @yergosly
    @yergosly Před 13 dny

    The 38minute mark where you discuss of exerting your will in the board room- making world a better place

  • @janebrant3999
    @janebrant3999 Před 2 měsíci

    great channel. love the green.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook trusted

  • @StudioFish
    @StudioFish Před 3 měsíci

    Great reality check.

  • @adrynylynjnky
    @adrynylynjnky Před 3 měsíci

    It was Patrick Bet David you said you need someone who loves you and you need an enemy. Choose your enemies Wisely.

  • @BeyondAestheticsAZ
    @BeyondAestheticsAZ Před 3 měsíci +1

    I had one class and capstone left to complete my MBA. I dropped out. I felt as though I had learned nothing new, and that all of my classmates were getting an MBA ro get a job and work for someone else. I already have another Master’s degree. I may finish it just to finish it….but it was a waste of money for me personally.

  • @mylifeisajokeofficial
    @mylifeisajokeofficial Před 3 měsíci

    As always, Codie makes great points and I always agree with everything she says. My takeaway from this video is "If you stopped learning at your current job, you should be looking for another where you learn new things." Funny that I hear this, as I am currently taking a few courses to prepare myself to look for a new job due to this same reason.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser she also is

  • @kaiplayzw.1414
    @kaiplayzw.1414 Před 3 měsíci

    All want and wish my daughter to be like her❤

  • @Arestkaramazov
    @Arestkaramazov Před 3 měsíci +10

    Don't do what I did to get rich, do what I tell you to do.

  • @jenniferlancaster7040
    @jenniferlancaster7040 Před 2 měsíci

    Omg that’s what’s wrong! My parents wanted me to have a “back up” and I could never let of rent money to take risks on my own.

  • @nicholasloibl5621
    @nicholasloibl5621 Před 2 měsíci

    I am looking for a mentor to help guide me for running and expanding to get to my end goal of owning a luxury car dealership

  • @samgabriel2360
    @samgabriel2360 Před 29 dny

    Absolutely love you Codie, but I'm never gonna fall for the 10k course sign up from one of your agents

  • @romandecaesar4782
    @romandecaesar4782 Před 3 měsíci +1

    ...but some parents also "protect" their children, because they don't want them to succeed. It's true. Some parents will create such a negative, fearful environment for their children, because they want to control and manipulate their children so that they don't become greater than the parent.

  • @danmartell
    @danmartell Před 3 měsíci

    This is a 💎 of a video

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser she also is

  • @RJAlmond1
    @RJAlmond1 Před 3 měsíci +1

    I really like your content Codie but i didnt understsnd how you first espoused about getting rich slowly and compounding in the market over time (quoting Buffett), then later undermining the idea of investing in the stock market over time through an IRA or 401K. Its basically the same thing??

  • @donkeywhistler
    @donkeywhistler Před 2 měsíci

    Im wealthy and I went to MBA at Georgetown (constantly telling everyone that) and then telling them why it wasnt helpful. a lot of this is just a racket. I smell a racket.

  • @hozy813
    @hozy813 Před 24 dny

    Hmmm a collection

  • @carolopara6069
    @carolopara6069 Před 2 měsíci

    Does anyone in the comment know how I can contact Codie? I know in one of her CZcams videos when she was talking about deals ,she said we can contact her if we have a deal but I can't remember which video it was😢.

  • @Sam-gc9yp
    @Sam-gc9yp Před 3 měsíci +1

    I didn't even know you could buy a business until I was like 29. Also scrapping by from 17 to 25 just to make it doesn't help either.

  • @shoshanna8475
    @shoshanna8475 Před 2 měsíci

    I recently saw a woman that let her trash service business (almost a 1000 customers) die because she couldn't stand the idea that other people could run it - she had to stick to "It was hopeless" instead of letting anyone else have it. All those customers went to another local company, but she could've sold that 2-million $ business.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook i recommend

  • @hozy813
    @hozy813 Před 24 dny

    I like your hat comrade

  • @laurenceosborne4261
    @laurenceosborne4261 Před 3 měsíci

    What is return on income?

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @debtvalue
    @debtvalue Před 2 měsíci

    Nobody wants to get rich slowly. So true :)

  • @robertkester1570
    @robertkester1570 Před měsícem

    Most these are bs or no longer as profitable plus most really wont help like they say, just after your pocket

  • @jagadeeshr91
    @jagadeeshr91 Před 3 měsíci

    Video's title and thumbnail changes every time after uploading a new video.. why?

    • @fienno1
      @fienno1 Před 3 měsíci

      Title that gets most clicks and thumbnail that does best. There are trackers for that.

  • @ronibiswas1337
    @ronibiswas1337 Před 2 měsíci

    Attractive talk for me dear madam, take care and go ahead🎉

  • @umeshshrestha42
    @umeshshrestha42 Před 3 měsíci

    🙏🙏

  • @cassi-jean
    @cassi-jean Před 3 měsíci

    @codiesanchezct really wanting to get started but i don't understand most of your videos. Do you have an extremely elementary intro to small business owning for people who have never studied business? Words like divedend, revenue, cash flow, and a zillion other words, i have never heard before.

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @tracydavis148
    @tracydavis148 Před 2 měsíci

    Can I tell You Codie ... that I have been doing somethings to Contribute to 3 major Issues facing the world 🌎 today and Actively Executing the ' Butterfly ' 🦋 Moves .... You just haven't heard of the EFFECTS Yet , but by this Summer You will ! The Whole World will... We Promise ! ❤
    While living in the Deep RED , barely a Roof Over My Head , no Car and a Ton of 💩 coming Against Me ! 😂😂😂😂

  • @jhonPriego-dp5fd
    @jhonPriego-dp5fd Před 2 měsíci

    My bu good theres no unity ecology fun

  • @human1513
    @human1513 Před 3 měsíci

    Money buys freedom. Not a stupid job or 401k

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @stefanokob1278
    @stefanokob1278 Před 19 dny

    self admiration for being a destructive globalist

  • @snoopanoop7705
    @snoopanoop7705 Před 3 měsíci

    🙂

  • @ashenafigezahegn3242
    @ashenafigezahegn3242 Před 3 měsíci +1

    🇪🇹

  • @Mark-sy2bx
    @Mark-sy2bx Před měsícem

    Buffet says get rich slowly because he was already rich and didn’t work for someone else.

  • @dm3988
    @dm3988 Před 3 měsíci

    At least you have parents.

  • @user-fg6ci8fp8t
    @user-fg6ci8fp8t Před 2 měsíci

    Get a jump start on your biz with Zanza Bee

  • @daeviontaylor
    @daeviontaylor Před měsícem

    I like Codie Sanchez but she speaks from a position of privilege. Kids if your family is in any way socioeconomically disadvantaged, value college education it’s how you make it out. Don’t make the mistake of thinking that you’re predisposed to the same opportunities that the rich have.

  • @scholageemusic9373
    @scholageemusic9373 Před 3 měsíci +3

    Its easy to take risk if your parents is still helping you lol

  • @robertkester1570
    @robertkester1570 Před měsícem

    A pretty face is always the best distraction its why the bikini was made

  • @Hobnockers
    @Hobnockers Před 3 měsíci

    Best advice: don’t listen to this BS 😂

  • @dunju878
    @dunju878 Před 2 měsíci

    Hopefully I will die overweight, alone and rich 😏😊

    • @rashelahmed7886
      @rashelahmed7886 Před 2 měsíci

      Andra moorea is a big flex when it comes too this on Facebook good financial adviser

  • @Tyiion
    @Tyiion Před 3 měsíci +1

    Jordan Peterson doesn’t know anything about philosophy though.

  • @user-uf8rv5jh9e
    @user-uf8rv5jh9e Před 3 měsíci

    step 1 parental help