#010 Codie Sanchez: Learning Leverage From Drug Cartels, Vanguard, And Goldman Sachs

Codie Sanchez has been a journalist embedded with cartels, worked fancy-pants finance jobs at Goldman Sachs and Vanguard, and now -- she is an independent investor and entrepreneur.

She owns a direct interest in FORTY FIVE businesses, with more than 25 cash flows. Codie’s interests include boring businesses (like laundromats and property managers), online media companies, and service businesses.

You’ll hear us drop “leverage” a few times in this interview, and though it wasn’t what I’d planned on talking about, I think Codie is a living example of the power of methodically applying leverage. If you want to build an independent career like Codie’s, you’ll love my course+community, called Building a Mountain of Leverage. Check it out at EJorgenson.com/Leverage

Additional resources to help enrich your experience below:

 

Topics Covered: 

• Putting money to work. (Angel Investing, Permanent Equity, Real Estate, and Stocks.)
• Leverage: The art of increasing your outcomes (tools, product, people, and capital.)
• How Codie keeps track of 45 different revenue streams
• What you can learn from cartels and spec ops organizations
• The universal language
• Why EQ is a better indicator for financial success than IQ
• How to create your own mentor
• How to build “free” equity
• How to withstand more than one bullet

Favorite Quotes:

“Civilize the mind, make savage the body, grow the revenue sheet” -Codie Sanchez

“Money is just a tool. The more tools I have the more ability I have to construct the world I want and the world that I think is best for all and for me and for the people that are around me.” -Codie Sanchez

“I think plans are normally for fairy tales. I truly believe that if people can follow their curiosity they're gonna end up exactly where they're supposed to be. The only thing you should be focused on is what is interesting to you, what you can get lost in.” -Codie Sanchez

Additional Resources:

• Codie Sanchez Twitter
• Codie Sanchez Instagram
• UnconventionalAquisitions.com 
• The Wise Men: Six Friends and the World They Made
• Eric Jorgenson Newsletter
• Eric Jorgenson Leverage Course 

 

Additional Episodes If You Enjoyed:

• Andrew Wilkinson: Investing vs. Operating, De-risking Leverage, and The Best Part About Business
• Nick Huber: How to Leverage Twitter, an Abundance Mindset, and A Love of Chaos
• Andrew Finn of WaitButWhy: How To Acquire A Free Company And Knowing When To Eat A Shitburger 

 

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

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