The BEST Way To Get Rich in 2024 (Billionaire Secrets)
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- Опубликовано: 19 янв 2024
- Want to learn how to buy a business? (Free Consult): contrarianthinking.biz/youtub...
There are only FIVE ways to get really really rich, but ONE them is easier and with less gatekeepers....
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WHAT BROUGHT ME TO RUclips: 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
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Check out these other videos! 🔽
• 9 Things to Stop Doing...
• 10 Businesses To Start...
• How To Build A Busines...
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*Get social with us:*
📸 Instagram - / codiesanchez
🐦 Twitter - / codie_sanchez
The BE AN ADULT SECTION 🤗
All content on the Codie Sanchez RUclips 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. - Развлечения
🎯 Key Takeaways for quick navigation:
00:00 📚 *Ownership is the key to wealth, not just buying local. The counterweight to bureaucracy and politics is ownership, not protests.*
02:01 🏗️ *There are five ways to get rich: inheritance, marriage, Fortune 500 position, asset management, and building a company. Building a company is the most fun and accessible way.*
05:32 🎯 *Business growth follows a blueprint: 0 to 1 million (startup), 1 to 10 million (scale up), 10 to 100 million (grow up). Each stage requires Personas, Products, and Processes (3 Ps).*
07:23 💡 *Know your customer's Persona or Avatar and write love letters to them. Position yourself as the guide, not the hero, to increase business value and success.*
16:01 💰 *Reoccurring revenue is crucial for business success. Understand the six types: long-term contracts, auto-renewals, pay-as-you-go, loyalty programs, and simple consumables.*
22:42 📈 *Business growth strategy: Implement a process for referrals to have existing clients sell your business to others.*
23:36 🌐 *Importance of reviews: Building a "wall of success" with positive reviews is crucial, as 93% of people read reviews before making a purchase decision.*
24:45 💬 *Business success essentials: Develop your persona, have a quality product or service, and actively seek reviews to increase revenue and credibility.*
27:33 💡 *Mindset shift: Instead of asking "Why won't this work for me?" start asking "How could this work for me?" to unlock business potential.*
32:02 🔄 *Acquiring profits: Consider buying existing businesses, as it's easier tobuy profits than to build them in the current business landscape.*
Made with HARPA AI
Thank you!
Thanks for posting this!!!
Only 5 of the 6 types are shown
Now we just need to see the Blcktken300 price also move in the same direction as these charts. Up. Very Up.
going all in
I will pay it forward and be one of the people not only holding up the world, but changing the world.
You look a million dollars and your content is worth a million dollars! Thank you, I’ve learned a lot. ❤❤❤
I'm 12min in and have to stop to thank you, Codie. You have landed on something that people have been seeking and not finding for eons -- realness. Your information is true. Your humor is genuine. You speak to your audiences in a way that most can easily understand without condescending. I've had so many lightbulb moments watching you on your videos and others --- like today when I watched your interview on Diary of a CEO podcast. THANK YOU. And congratulations on your success. You have more than earned it. I'm excited to use what I've learned from you to start my own business.
Congrats on your 1 million subscribers. I've been following since you were at 400k. Your channel has grown so fast.
Big ups and big love for the awesome daily content.
Because inflation devalues your savings, it compels everyone to be an investor. Meaning you need to preoccupy yourself or offload your time/energy to the study of investment opportunities< both of which are very costly. Thanks to Christopher Alexander Walter for showing me the appropriate way to get into bitcoin investing and trading with his trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Christopher Alexander Walter>>
He's mostly on Telegrams, using the user name
@Gainwithwalter7
After I raised up to 325k trading with him I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom..
best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon)>>
Ever since I started following his strategies, my trading game has elevated to new heights. Truly a mastermind in the trading world..
Great information,thanks Codie,muchas gracias !!!!
this is very informative. I had to stop at 3 min just to write this..
I love how every business youtuber has their own core message. for Codie, it's how to own a business.
This was amazing!! Thank you!!!!
Always great insights, thanks a million Codie and team.
I never knew your partner was military, would love to hear more about how you started to scale while supporting millitary partner/ long distance challenges ECT.... I'm also a vet and feel like I'm always playing catch up towards success due to my time serving the country.
Congrats on 1M subs!!
Awesome content 🙂
Yes! Yes!! YES!!! Great video!!
Thank you for sharing your knowledge Codie!
I have started to watch your videos few days back and found them very logical. thank you for putting those together.
very eye opening video
Wow! You hit 1 million followers. Congrats to you and your team Codie. Keep killing it!
A big congratulations to you girl!
You have hit 1 million subscribers 🎉
Im so proud of you ❤
Many thanks codie❤
Brilliant, powerful talk.
Thank you, Codie and Team! 🙏
Another great video, well thought out, structured and delivered.
Thank you, Codie! This was outstanding. You gave me a lot to consider/act on. I appreciate all the great value you offer!
Thank you for this Codie. This particular video is very practical and educational :) I've been your subscriber for months now but I'm really learning a lot :)
Motivated Boring Business Sellers
You are awesome at what you do! Thanks so much for sharing your knowledge!! 🙏🏽
Very happy to have found your content. You inspire me and I am going to put my significant other on to you as well! Glad to see another hero changing the world on the internet.
TY Codie
Great mentor. Thanks you! Codie ❤
Thank you!!!
Great vid Codie. 🌹
Wow! This is so eye-opening! Thank you for being you.
Solid advice and solid roasting of Gabrielle 💪💪
Thank you for sharing this recording with all of us Codie.
Tremendous value and good energy! Thank you!!
So, grateful to have Codie, educating the world to knowledge thats never taught in "Our university".
😊😊
Aye!!!! Over a million subs! 🎉🎉🎉🎉
I learned a lot from this video. Thank you for sharing Codie Sanchez.
Loved this video. Thank you
Finally, someone calling out the 'buy local' myth! Ownership is where it's at.
CODIE, I’m building a Beach Hotel in the Philippines! Dreams come true! LETS GOOOO!!!❤️🏝️🏨🇵🇭
Good speech and delivery.
Excellent, easily understood useful information. Thank you!!
EXCELLENT!!!!! The absolute BEST vid and MOST valuable !!!! Great job ! Thank you !
Absolutely love your content!
Still on it!
Let's Get It!❤
Clever girl she speaking to a generation that doesn’t have the grit to go through the start up phase , but this is where you learn your skills sets of resilience overcoming problem skills so you now walk into a established business with out the skills sets to navigate it in good and bad times .
THANK YOU! Keep up the GREAT WORK!
Codie u good at this.❤Lov from East africa
@codiesanchez6-telegra7
Would love that.
Love your work.
Useful info as always! Thanks for sharing!
PS. I also recognized Carlos Slim 😂
I agree!
Codie is a Sniper. Killing it!
Brilliant ❤thanks
Did this, it works!
Great talk. Now on to action ! Congratulations on a million subs!
You are amazing ..
Fantastic content! Thanks for the great value.
Thank you Cody, and you look beautiful!
❤,Your Fantastic..Keep up 🆙 the Good 👍 work.. Thank you so Much …
I wish I found your content earlier. Your videos are packed with so much amazing content!
Ok to say I love how she dresses? Classy with a touch of srxy. Perfect. [Huge fan of Navy Seals too]
Gracias Codie 🙏
I love your unapologetic candor. It's one of the driving factors that made me subscribe to your channel. Many of these start your own business or how to get rich channels tend to be steeped in motivational speech. I find they sometimes fall short on strategies, which is where the real value is. Thank you
Edit: while I know the liklihood of you seeing my comment is very slim, I have to say: I LOVE your whole outfit. I desperately want a skirt like yours
Thank you for making this content available for us on RUclips
This was frickin brilliant. Opened my eyes and mind to something someone told me years ago. This is almost parallel to what was shared with me. 😮
I am in the process of becoming a business broker. This was extremely helpful! Thank you!
@@codiesanchez6-telegra7 I will reach out. Thanks!
Nice content 👏👏👏
Found your channel recently and that is great, great content and looking around in Europe it is even worse than in the US I think. Being in Germany this video should be shown and discussed in high school. Chapeaux Codie
Wow clearing things up for me
Always worth watching, Thank you Codie!
What are your thoughts on legal California cannabis companies? It’s a multi billion dollar industry that was more or less destroyed due to poor implementation of laws and regulations. Many of us are still hanging in there and finding our niche. Thank you for your video, it was very informative! I found that I am already doing a number of the things you spoke about, and now I have a list of things that I’m going to start doing!
I'm glad at 8:25 you said "steal" because I will do my best to still this speech and all the quality content you produce 😂
Congrats on 1m
So excited business policy greet sagetion about business policy ❤❤❤❤
Love this woman & her knowledge ❤❤❤
Good Work Thank Youu
So much
I am agree with you
you are a best Women
listen to you for my project future
from morocco
thank you again
you are a better than others
best
She has beast oxygen grinch her diafram
HAPPY HAPPY TANK YOU SIR
Thank you for your great content and bleeping out the expletives! Really appreciate that as I tend to listen to your podcasts on school runs around my children. Just turned a teen. I do like them learning from what I'm listening to in an indirect way 😊.
Fierce girl love it❤❤❤❤ gooo why gave i never heard you speak before you got my drive..
Well I just got through sharing your name with a fellow worker, I'm learning a lot from you! Hope to make a breakthrough this year 🥰
Love this! You're my hero! 🏆
Fire!!!!!!
🙌🏼
Never hear her say that you will need a shit load of operating capital to start buying businesses., even if you can take over an operating business. When a business transfers ownership the original owner takes his money and walks. Don't think so? Well, without it, you are screwed, because without it, you cannot pay employees, buy inventory, buy computers office supplies, buy operating materials, pay fixed utility costs rents, power, water, phone, insurance and the list goes on.
Many local businesses generate what is thought of as month-month operating capital. Meaning, in a given month they generate more than enough cash flow to cover all expenses. Especially cash businesses such as laundromats and car washes. It's inventory heavy companies such as retail where there is a big lag between capital outlays and new revenue. If you watch more of her stuff she recommends staying away from those types of businesses because of the low margins and cash issues.
You can get an SBA loan
26:45 your recurring product can be a newsletter, follow up services, or teaching on best practices to stay healthy and avoid being the 10% who return. Doctors can teach heath along side selling drugs :)
Codie is amazing. I reccomend her youtube channel every chance I get.
Hi Codie. Please send me the slides. Thank you for a fantastic presentation
Great insights on the value of acquiring established businesses! For entrepreneurs looking to buy, remember to deep dive into the company's customer acquisition costs and lifetime value metrics. These figures can reveal hidden growth potential or warn of unsustainable spending. Good content.
🎉inspiration
I didn’t think this would be helpful because my business is not one of her boring businesses. It has been SO HELPFUL for me to rethink how I can structure my business to meet some of these processes. This has been great! Thank you!!!!!!! Is it bad I’m like… my measure of success is to be able to have Alex and Codie in my phone 🤣
I swear I do the same!!! If RUclips keeps recommending me Alex and Codie .. this means I am on the right track of learning 😂 kudos to us trying to get better each single day 🙌
Another amazing video 🙌🙌 Thank You!!
The canned laugh track added makes this even funnier!
Protests=Psyopt
Great talk as always. But out of curiosity, what was the book you quoted?
Sharing is caring...❤
Question about the owners who would be willing to sell under the right terms: if the goal is to take back ownership from mega entities and those who want the world to be their renters, once you sell your business, how are you not also giving up your ownership and power? This is the model the mega corps have used and of course it’s very successful for them, but decentralization is the key to keeping power with the people - which to me would mean not selling, but holding. I realize you can take that money and start another business, but the food corps literally run the retail world (such as supermarkets) and monopolize the space on their shelves. It becomes an increasingly harder market to cut into. Thank you for any feedback.
Hey! How are you? "Dots not Feathers" LOL
I liked my own comment
I invested another like so that when it grows I get my share like Codie says buying business with 0$.
I liked your comment too
I like my own comments all the time😂
Twins! I like every comment I make across all platforms. Might as well give your comment a starting boost.
@@nhorvath4 Thank you so much because I believe if you can't like yourself. How can you love yourself ha ha ha
Def one of the Netflix suckers, but I respect the drive the hungry money makers have.
I would def choose to sell a vitamin/mineral if the purpose were to circumvent the painkiller. So I guess in that sense my desire would to work out how to allow the reachable population to circumvent what is already available and allow them with viable reasonings. Wether that's cost, transparency, viability, patrotism, ...