In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Rebecca Lynne buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Trying to run a business is tough enough without inflation throwing curveballs. Costs are up, prices are tricky, and who knows what tomorrow will bring? Planning for the future feels like gazing into a crystal ball.
For my Shopify store I focus on what I can control. Look for ways to streamline operations and become more cost-efficient. Consider exploring inflation-resistant pricing strategies to maintain profitability.
Financial consultants can be your guardian angel! They can help you identify cost-saving opportunities and develop inflation-resistant pricing strategies, and ensure your business stays profitable even in these challenging times.
Rebecca Noblett Roberts is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
🎯 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 for sharing this! I heard its also good to save money as well Im 22 years old and already trying to not spend money on eating out in stuff but only to spend it on my car gas and the gym
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.
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.
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 .
I'm new to this channel and really enjoying the content so far! Do you have a video on expanding a small business, hiring employees, and gradually shifting your role higher in the company to eventually work your way out of it?
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
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.
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 :)
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!
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 :)
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.
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.
Starting my Numerology Reading Business (reading since 2012) and this makes so much sense and goes against everything people always say I should do; ignore people if they aren’t making any money with their own advice!! Also going to teach Numerology through video courses. Thank you for helping me see I can KISS it; Keep It Simple Stupid!!!
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 😊.
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.
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 TH-cam 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 🙌
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
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, ...
![🔴 ฟุตบอลแชมป์กีฬา 7HD แชมเปียน คัพ 2024 [รอบรองชนะเลิศ]](http://i.ytimg.com/vi/zPm8ClLVhoE/mqdefault.jpg)
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
Rebecca Lynne buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Trying to run a business is tough enough without inflation throwing curveballs. Costs are up, prices are tricky, and who knows what tomorrow will bring? Planning for the future feels like gazing into a crystal ball.
For my Shopify store I focus on what I can control. Look for ways to streamline operations and become more cost-efficient. Consider exploring inflation-resistant pricing strategies to maintain profitability.
Financial consultants can be your guardian angel! They can help you identify cost-saving opportunities and develop inflation-resistant pricing strategies, and ensure your business stays profitable even in these challenging times.
I thought gains like that are nothing but a pipe dream! mind sharing details of yourmanager please?
Rebecca Noblett Roberts is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
🎯 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
Thank you for sharing this! I heard its also good to save money as well Im 22 years old and already trying to not spend money on eating out in stuff but only to spend it on my car gas and the gym
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.
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. ❤❤❤
Congrats on your 1 million subscribers. I've been following since you were at 400k. Your channel has grown so fast.
Now we just need to see the Blcktken300 price also move in the same direction as these charts. Up. Very Up.
going all in
Congrats on 1M subs!!
I love how every business youtuber has their own core message. for Codie, it's how to own a business.
So, grateful to have Codie, educating the world to knowledge thats never taught in "Our university".
😊😊
I have started to watch your videos few days back and found them very logical. thank you for putting those together.
A big congratulations to you girl!
You have hit 1 million subscribers 🎉
Im so proud of you ❤
Great information,thanks Codie,muchas gracias !!!!
Love the way you teach. ❤❤❤
Wow! You hit 1 million followers. Congrats to you and your team Codie. Keep killing it!
EXCELLENT!!!!! The absolute BEST vid and MOST valuable !!!! Great job ! Thank you !
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 sharing this recording with all of us Codie.
This was amazing!! Thank you!!!!
I learned a lot from this video. Thank you for sharing Codie Sanchez.
Excellent, easily understood useful information. Thank you!!
Awesome content 🙂
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.
Motivated Boring Business Sellers
Yes! Yes!! YES!!! Great video!!
Great mentor. Thanks you! Codie ❤
Let's Get It!❤
I love the way Codie cusses....its real folks
Codie is a Sniper. Killing it!
Wow! This is so eye-opening! Thank you for being you.
Finally, someone calling out the 'buy local' myth! Ownership is where it's at.
This is a service to humanity, thank you girl
Still on it!
TY Codie
Good speech and delivery.
this is very informative. I had to stop at 3 min just to write this..
Solid advice and solid roasting of Gabrielle 💪💪
Tremendous value and good energy! Thank you!!
very eye opening video
Many thanks codie❤
Great talk. Now on to action ! Congratulations on a million subs!
Great vid Codie. 🌹
Thank you!!!
Did this, it works!
Aye!!!! Over a million subs! 🎉🎉🎉🎉
Absolutely love your content!
Another great video, well thought out, structured and delivered.
Codie u good at this.❤Lov from East africa
@codiesanchez6-telegra7
Would love that.
Thank you for sharing your knowledge Codie!
Love your work.
Ok to say I love how she dresses? Classy with a touch of srxy. Perfect. [Huge fan of Navy Seals too]
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 .
I'm new to this channel and really enjoying the content so far! Do you have a video on expanding a small business, hiring employees, and gradually shifting your role higher in the company to eventually work your way out of it?
Always worth watching, Thank you Codie!
Hi Codie. Please send me the slides. Thank you for a fantastic presentation
Bundling vs rps does not work for agencies, only vertical agencies and those have high churn
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
Loved this video. Thank you
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.
Love the carwash input 😄 about to buy my 1st one that includes 3 of them 🤌
Useful info as always! Thanks for sharing!
PS. I also recognized Carlos Slim 😂
I agree!
Fantastic content! Thanks for the great value.
Thank you Cody, and you look beautiful!
Brilliant, powerful talk.
Thank you, Codie and Team! 🙏
You are amazing ..
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 :)
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!
Build and Buy.......Buy profits instead of growing profit ....Pay it forward
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
Wow clearing things up for me
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 :)
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
Brilliant ❤thanks
Gracias Codie 🙏
Codie is amazing. I reccomend her youtube channel every chance I get.
Fierce girl love it❤❤❤❤ gooo why gave i never heard you speak before you got my drive..
THANK YOU! Keep up the GREAT WORK!
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.
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. 😮
You are awesome at what you do! Thanks so much for sharing your knowledge!! 🙏🏽
Starting my Numerology Reading Business (reading since 2012) and this makes so much sense and goes against everything people always say I should do; ignore people if they aren’t making any money with their own advice!!
Also going to teach Numerology through video courses.
Thank you for helping me see I can KISS it; Keep It Simple Stupid!!!
Love this! You're my hero! 🏆
Great conference
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 😊.
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.
So excited business policy greet sagetion about business policy ❤❤❤❤
Great talk as always. But out of curiosity, what was the book you quoted?
Sharing is caring...❤
I wish I found your content earlier. Your videos are packed with so much amazing content!
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
🙌🏼
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 TH-cam 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 🙌
I am in the process of becoming a business broker. This was extremely helpful! Thank you!
@codiesanchez6-telegra7 I will reach out. Thanks!
❤,Your Fantastic..Keep up 🆙 the Good 👍 work.. Thank you so Much …
New mindset is amazing! Thank you for this eye opener! ❤
Another amazing video 🙌🙌 Thank You!!
Nothing but JEWELS!
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
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, ...