MI114: Contrarian Thinking w/ Codie Sanchez
10/13/21 • 33 min
1 Listener
IN THIS EPISODE, YOU’LL LEARN:
- 05:44 - Why does Codie think the saying "Money can't buy you happiness" is wrong?
- 17:24 - Why rental properties might be a dumb idea according to Codie.
- 22:21 - How Codie financed a laundromat deal that went viral on Twitter because it net $67,000 when it only needed $100,000 to close.
- 24:41 - What is the difference between buying a passive business and not just buying a job?
- 33:36 - What the quote, “The world is the classroom, the school is the prison,” means.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Get more FREE content from Robert.
- Get a FREE audiobook from Audible.
- Read the 9 Key Steps to Effective Personal Financial Management.
- Check out our Investing Starter Packs about business and finance.
- Check out our Investing Starter Packs about real estate.
- Codie Sanchez’s Twitter Thread 10 Hard Truths About Getting Rich.
- Codie Sanchez’s free e-book 28 Passive Income Ideas.
- Christopher Hitchen's book Letter to a Young Contrarian.
- Andrew Robert's book Churchill: Walking with Destiny.
- Morgan Housel’s book The Psychology of Money.
- David Swensen’s book Unconventional Success.
- Mark Manson’s book Subtle Art: Counterintuitive Approach to Living a Good Life.
- All of Robert’s favorite books.
SPONSORS
Support our free podcast by supporting our sponsors:
Read this episode’s transcript and full show notes on our website.
Connect with Codie: Website | Twitter| LinkedIn
Connect with Robert: Website |
IN THIS EPISODE, YOU’LL LEARN:
- 05:44 - Why does Codie think the saying "Money can't buy you happiness" is wrong?
- 17:24 - Why rental properties might be a dumb idea according to Codie.
- 22:21 - How Codie financed a laundromat deal that went viral on Twitter because it net $67,000 when it only needed $100,000 to close.
- 24:41 - What is the difference between buying a passive business and not just buying a job?
- 33:36 - What the quote, “The world is the classroom, the school is the prison,” means.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Get more FREE content from Robert.
- Get a FREE audiobook from Audible.
- Read the 9 Key Steps to Effective Personal Financial Management.
- Check out our Investing Starter Packs about business and finance.
- Check out our Investing Starter Packs about real estate.
- Codie Sanchez’s Twitter Thread 10 Hard Truths About Getting Rich.
- Codie Sanchez’s free e-book 28 Passive Income Ideas.
- Christopher Hitchen's book Letter to a Young Contrarian.
- Andrew Robert's book Churchill: Walking with Destiny.
- Morgan Housel’s book The Psychology of Money.
- David Swensen’s book Unconventional Success.
- Mark Manson’s book Subtle Art: Counterintuitive Approach to Living a Good Life.
- All of Robert’s favorite books.
SPONSORS
Support our free podcast by supporting our sponsors:
Read this episode’s transcript and full show notes on our website.
Connect with Codie: Website | Twitter| LinkedIn
Connect with Robert: Website |
Previous Episode
REI091: International Real Estate w/ Christian Ross
Robert Leonard talks with Christian Ross about the licensing process for someone who helps clients buy and sell real estate domestically and internationally, what the Fly & Buy Program is and how it works, how financing works with international properties, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
13:11 - What are some of the biggest challenges or drawbacks that Christian had seen when dealing with international real estate?
14:31 - How can a buyer become comfortable with the location of their international property and how can you know if it’s a good and safe area?
15:37 - What is next for Christian and what is she excited to be working on?
17:18 - Which habit or principle does Christian follow that has had a big impact on her success?
17:59 - What has been the most influential book in her life?
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Get more FREE content from Robert.
- Read the 9 Key Steps to Effective Personal Financial Management.
- Cal Newport’s book Deep Work.
- Brandon Turner’s book How to Invest In Real Estate.
- Chad Carson’s book Retire Early with Real Estate.
- Matt Faircloth’s book Raising Private Capital.
- Mark Ferguson’s book Build a Rental Property Empire.
- All of Robert’s favorite books.
- Related Episode: Listen to MI028: Learn to be Indistractable w/ Nir Eyal, or watch the video.
NEW TO THE SHOW?
- Check out our Millennial Investing Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
Next Episode
MI Rewind: Invest Better Using Focus and Minimalism w/ Greg McKeown
IN THIS EPISODE, YOU’LL LEARN:
- 5:35 - What it means to follow Essentialism.
- 11:03 - Why do you feel like you aren’t succeeding?
- 24:35 - When you need to practice saying no.
- 29:37 - How can you be a better and more focused investor?
- And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
EPISODE RESOURCES:
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Get more FREE content from Robert.
- Read this episode’s transcript and full show notes on our website.
- Read the 9 Key Steps to Effective Personal Financial Management.
- Check out our Investing Starter Packs about business and finance.
- Check out our Investing Starter Packs about real estate.
- Greg McKeown’s book Essentialism.
- Nir Eyal’s book Indistractable.
- Scott Young’s book Ultralearning.
- All of Robert’s favorite books.
SPONSORS
Support our free podcast by supporting our sponsors:
Connect with Greg: Website | Twitter| LinkedIn
Connect with Robert: Website | Twitter | Instagram
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