Can calculated decisions lead to true financial freedom, or is it all just wishful thinking? Prepare to discover how one entrepreneur turned a series of sound yet lucrative investments into a multimillion-dollar empire.
Meet Codie Sanchez, a finance maven who's on a mission to create financially free and free-thinking humans. As the Founder & CEO of Contrarian Thinking — one of the fastest-growing financial media businesses in the nation — she's helped thousands of entrepreneurs grow, buy, and sell profitable businesses.
In this episode of The Game Changing Attorney Podcast, Codie and Michael Mogill discuss:
The three realms of income — and how to maximize all of them
Why the path less traveled isn’t always the best one to take
How to set yourself up for success in buying or selling your law firm
And more!
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Show Notes:
03:56 – Why Codie is obsessed with people getting ownership
07:53 – Why you need to stop chasing unicorns
13:37 – How to buy your first business
15:47 – How to determine if you’re cut out for entrepreneurship
18:14 – Why you should pick the path MORE traveled
20:43 – The criteria of a good investment vs. a bad one
24:08 – How to make your law firm investable
27:12 – The differences between cashflow and cashsuck businesses
31:14 – Why making money and keeping money are two different things
33:45 – How to effectively work with your spouse
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Links & Resources
Contrarian Thinking
Contrarian Community
Forbes
Episode 151 of The Game Changing Attorney Podcast with Bill Perkins
The FIRE Movement
The FatFIRE Movement
Maslow’s Hierarchy of Needs
Henry David Thoreau
The 7 Horsemen of the Great Sell-Off
Warren Buffett
How To Build A Business That Will Sell For Millions (12-Month Plan)
Cashflow Businesses vs. Cashsuck Businesses
Exxon
Morgan Housel
The Psychology of Money (Book)
Contrarian Thinking’s Small Biz Buyer Insights Report 2024
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Past guests on The Game Changing Attorney Podcast include: David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O’Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more.
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If you enjoyed this episode, you may also like:
#151 Bill Perkins — Die With Zero: Getting All You Can From Your Money and Your Life
#223 Chad Willardson — Achieving Financial Freedom: Strategies for Building Abundant Wealth
#201 AMMA — Take the Stairs: The REAL Path to Growth
