#1171 Codie Sanchez | The Secret To Thriving In A Recession
Episode description
Codie Sanchez is the founder of Contrarian Thinking, and has a goal of creating one million financially free individuals. This conversation was held at Lyceum Miami. Topics include preparing for a recession, the benefits of investing in private markets & "boring" businesses, the importance of winning the war for attention, how to negotiate business deals effectively, her financial Fridays, her daily schedule & how she conducts meetings, strategies for finding talent & scaling through automation, questions about her MBA, running a business while working a full-time job, and emphasizes the importance of building an online presence.
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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
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TIMESTAMPS:
- 0:00 - Intro
- 0:15 - Preparing for a recession
- 2:48 - Private markets
- 5:35 - Boring businesses
- 7:03 - War for eyeballs
- 8:50 - Business deals
- 11:46 - Levels of operating the business
- 13:53 - Financial Fridays
- 15:55 - Favorite tools to utilize
- 18:48 - Questions to ask yourself
- 20:57 - Daily schedule
- 22:30 - Meetings
- 23:47 - Finding talent
- 28:00 - Scale & automation
- 30:07 - MBA - would you get it again?
- 32:31 - Running a business with full-time job
- 34:50 - Find online