A multi-millionaire entrepreneur has revealed the key to raising money ‘without hard work’.
Codie Sanchez36, from Austin, Texas, is an ex-Goldman Sachs employee who worked a nine-to-five, was her own boss, and a business owner who has shared her foolproof secrets to being financially free.
In an episode of the podcast The diary of a CEOhosted by Steve Bartlett, she explained how she had to change her mindset, put people behind her and master the art of deal-making to make her financial goals a reality.
The 36-year-old revealed that you can make millions by understanding the language of money, pursuing short-term goals and starting small.
Codie Sanchez, 36, from Austin, Texas, is a multi-millionaire entrepreneur who once spent her days in a corporate job and has revealed the key to bringing in money ‘without working hard’
In an episode of the podcast, The Diary of a CEO, hosted by Steve Bartlett, she explained how she had to change her mindset to become rich.
The 36-year-old revealed that by understanding the language of money, aiming for shorter-term goals and starting small, you can make millions.
The founder of Contrarian Thinking, a company that teaches people how to become rich, explained that to achieve financial success you need to make a leap.
Codie once worked as a journalist and in the financial world at Vanguard and Goldman Sachs.
During the podcast, she revealed that while she respected the CEOs of the companies, she had no connection with them.
This caused her to move to five different financial companies within ten years.
After feeling ‘trapped’ in the corporate world, Codie decided to take the plunge and bought her first small business: a laundromat.
Codie noted that she started buying up companies in hopes of escaping the corporate world.
Her first tip for raising millions is to start small.
She said, “Start with the small company that isn’t the best company for you to learn long term, but they will get you where you need to be.”
Sticking with the theme of owning businesses, the entrepreneur noted that to become rich, you have to work on convincing others to trust you.
The founder of Contrarian Thinking, a company that teaches people how to become rich, explained that to achieve financial success you need to make a leap
Codie (pictured as a child) noted that she started buying up companies in the hope that she could escape the corporate world
She explained that you have to convince people who are trying to sell their business that they can trust you and trust that you will do well.
By doing this, you’ll teach yourself how to master deal making, which means you’ll become a pro at understanding the language of money.
She said, “If you understand the language of finance and can become an expert in it, expertise pays a lot of money.”
She then explained that you shouldn’t strive to afford materialistic things while on your path to wealth.
Instead, she noted that you should look for things that pay you back.
She added: ‘You can’t save your way to riches, you can only earn your way to riches.’
Her next piece of advice for future millionaires was to shift their long-term goals from things they can accomplish in six months to a year.
She explained that you have to convince people trying to sell their business that they can trust you and count on you to do a good job (shown when she was younger)
Her final tip was to be okay with leaving behind people you have outgrown, adding that when she began her transition, her loved ones questioned her choices.
“If you have a three-year goal, think about out-of-the-box aspects to learn how to achieve it in six months,” she said.
Codie explained that it is much better to give yourself the freedom to change your mind and that you can motivate yourself by setting goals that you can achieve in a shorter time.
Her final tip was to be okay with leaving behind people you have outgrown, adding that when she began her transition, her loved ones questioned her choices.
She noted that you should always surround yourself with people who support your dreams and want you to succeed.
At the end of the podcast, she told viewers to remember that failure is part of the process, adding that they just have to get back up.