The #1 Money Lesson School Failed To Teach You [Escape The Rat Race] | Codie Sanchez 

Codie Sandchez: "Crab's in a bucket" Yup - Tom Bilyeu: "I have a witness to my crimes" LOL Yup, yup - I'm only 2 hour's into this Amazing & Fun Interview/Conversation, and these 2 statement's are what Really Hit Me and I will take with me forever. So Good! Tom, Thanks for this Conversation with Codie! - BC #Grateful #Strength #Partnerships

Release the woo or boo 👻

😊

I like how my two favorite Geeks got excited over breifs 😂💜

One of the best episodes... Tom, loved your vulnerability and openness with Codie. Like you were chatting with a best friend. And excellent information! "Witness to my crimes" wicked gem! Thanks a million!

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

Having a counselor is essential for portfolio diversification. My advisor is Michelle Christine Parker who is easily searchable and has extensive knowledge of the financial markets.

I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away

This was amazing! Thank you for sharing!

@CodieSanchezCT I don’t know you but you are the shiiii🔥 wow I loved your mindset and how you go about handling things in life not just business! Thank you both for this. RU-vid recommended this channel and video and I just love how the algorithm is algorithming!!!! 👑 thanks so much

Yes!

You are my new inspiration!!! ❤

It was amazing. Told my brother about you today. Thanks for the great video

To begin building wealth, define your goals and assess your risk tolerance, either independently or with a financial advisor. By gaining insights into savings and investments and creating a clear plan, you can attain financial stability and effective income management.

Hiring a skilled financial advisor like *Camille Alicia Garcia* can lead to success, as evidenced by my seven-figure gain in just the first quarter of this year, despite market concerns.

@@ThomasChai05 That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?

CAMILLE ALICIA GARCIA maintains an online presence. just make a simple search for her name online

Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her an email outlining my objectives and I also scheduled a phone call.

The thought of retirement has given me the opportunity to sort out another source of earning

I started paying more attention to stock and learning more about online trades

Trading became interesting when I met Shanita online and she gradually exposed me to the whole trade market and how to earn massively from it

I was introduced to forex with the guidance of Mrs Creswell and there isn’t a single trade I have loosed

Naturally, there's a lot of math involved in forex trading. but this is often presented in forms of daunting technical charts, indicators, patterns.

You gotta watch it a second or third time I find. It is amazing.

Just buy low sell high. Stick with a good company by either not selling when it’s going lower and/or buying more at that time. Almost always the good well managed companies will come back strong at some point. The other is to get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.Read more

I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

Really? I’ve actually been looking to switch to an advisor for a while now. Just never made up my mind. Any help pointing me to who your advisor is?

Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

@@Jadechurch-ql3do impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

I'm being guided by “Leila Simoes Pinto’’ who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person.

My advisor is Stephanie Kopp Meeks highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

How please? Am a newbie in crypto investment, please can you guide me through on how you made

Mrs harriet dixson service is a talk of the town in North Holland Netherlands , I started with a little amount of 1ETH, and she made huge returns, and I have been constantly investing with her

Please educate me, l've come across this name before and Now I'm interested, how can I connect with her?

​@@Michael12627she often interacts on Telegrams, using the user below

@Harrietdixson12

That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Carrie Valletta, she is my current trader and her strategies are working

Actually this is not the first time am hearing of Carrie Valletta and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her

CarrieValletta is the name to look for

She has a verified account on

Having an investment adviser is the best way to go about the market right now, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we just don't know.

I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary Lisa Ann Moberly actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.

Not bad, this is very true. Reminds me of when Scott Adams talks about skill stacking, and it all atarts with educating yourself, gaining those skills

for sure!

And not all 'education' comes from a college.

@@ForHonorUSMC100%… I’m “well” educated and credentialed, and if I had it to do over again I wouldn’t bother!

Don't care if you're a bot or not but Pi Network, Chainlink, Ethereum, and Bitcoin is my jam this coming bull cycle 😏

@@handlemonium you would be surprised where vritoken will get you

Agreed. Liked 99% of interview, but this needs a correction. The statement undermines Hitchens legacy.

Don't care if you're a bot or not but Pi Network, Chainlink, Ethereum, and Bitcoin is my jam this coming bull cycle 😏

You are lucky and blessed if you can find one that you can truly trust and rely on in that roll.

I gave up hope for that kind of relaitionship years ago. Things go a lot more smoothly alone.@@delhargis2219

Trust is very expensive. Cheap people can't afford it.

Yeah school taught that too

Good luck, seriously.

Yes! You got this.

Thank you for your support! We work hard to create impactful content and its great to hear that this conversation resonated with you! Best, Impact Theory Community Manager

No one ever said it was supposed to be easy.

That's is the mindset that prevents wealth.

@@dfletcher2007 Missing the point. No work is easy. 9 out of 10 jobs are pretty hard to do, I'm quite sure of that.

@@therapywithisabel Nope. You can have the best work ethic in the world, and still be pretty poor (I would know). Plus, have you tried working 3 jobs and still try to do some free work on the side? Cant do it. Because those 3 jobs pay so little that you NEED to work those three jobs (or more) simply to stay afloat. No thanks to Capitalism, which relies on one person ascending and the other descending. That's the nature of capitalism. For every up, there has to be a down. Now try all this while upkeeping a family. Plus finding the time to cultivate friendships. This model she's talking about, might have worked 20 or 30 years ago. Not now. You know what works -? consistency, which MIGHT, maybe, get you ahead. Again, I would know. And just plain old luck, by being at the right place at the right time. Fortunately, I'm now a game designer, doing pretty ok. But for almost 10 years, all I did was donkey-work! It made me realise many things in life.

Turn off the TV and spend that time working on your passion project for free.

Wow! Thanks for the support. What did you find most impactful about this conversation? Best, Impact Theory Community Manager

Funny you should ask. I took notes then put them into chatGPT to formalize them a bit. Here was what came out. It's evident that this podcast provided a wealth of insights and actionable steps for personal and professional growth. Here's an extrapolated summary based on your notes: --- ### **Key Takeaways from Cody Sanchez and Tom Bilyeu's Podcast:** 1. **Perspectives & Mindset:** - Life should be viewed as a game filled with beauty and opportunities. - Embrace economic facts and debunk fallacies. - The biggest hurdles in life are often mental. A shift in perspective, from viewing challenges as frustrating to exciting, can change outcomes. - "Time + consistency + iteration = money." It's a formula that emphasizes patience, repetition, and the importance of continuous improvement. - Saying "no" to one thing means you're saying "yes" to another, potentially better, opportunity. 2. **Hiring & Team Management:** - When hiring, assess whether potential employees view challenges as exciting or as obstacles. - Being honest during interviews and establishing a company culture from the outset can be pivotal. Prospective employees should be aware of this culture even before they interview. - Recognize that leadership isn't confined to a title. An employee can be a pivotal leader without holding the top position in a company. - Acknowledge the "Curse of competence." Are you willing to work harder than others? Adopt the Mamba mentality. 3. **Time Management:** - Prioritize your time. Your calendar should reflect your priorities. Avoid overloading it with tasks that aren't aligned with your goals. - Determine your most productive hours and guard them fiercely. For instance, avoid meetings before 9 am or after 2 pm if those are your peak productive times. 4. **Growth & Learning:** - Be curious. Foster a growth mindset, and never stop learning. - Engage in deep, meaningful conversations. Surround yourself with top performers to elevate your own performance. - Consider offering your services for free to industry experts, acquiring knowledge and access in return. - Think big. Aim to understand how millionaires and billionaires think and approach problems. 5. **Business & Finance:** - Consider alternative business models, such as buying profitable businesses and then using the profits to transition the original owner out. - To generate wealth, one must create value. This means offering something that people desire more than their money. - Establish clear financial goals. For instance, if $500,000 per year is your happiness threshold, strategize how to achieve it. - Wealth can be equated to reversing entropy. In a chaotic world, creating order and value is the essence of wealth. 6. **Personal Development:** - Identify what you're willing to sacrifice to achieve your dreams. Track your progress, and ensure you're moving closer to your goals daily. - Partnerships are vital. Many successful people attribute their success to strong partnerships. - Take risks, but ensure you have a stable foundation at home. This could mean a strong family or support system. - Use challenges as a narrative. Your personal struggles can resonate with many and can be a powerful tool for connection. 7. **Sales & Networking:** - Build authentic relationships instead of playing the numbers game. Focus on one-on-one interactions that either lead to direct work or referrals. - Adopt a structured approach to connection and sales. This includes being genuinely curious, showing empathy, addressing pain points, providing solutions, and guiding conversations to clear outcomes. 8. **General Tips:** - Start your day with a cold shower. - Clearly define your priorities, keeping loved ones at the top. - Use money as a tool for education and empowerment. - Always adopt the victor mentality instead of a victim mindset. - Health, critical thinking, and asset accumulation are pillars of success. --- These insights and actionable steps, when implemented, can guide one towards personal and professional success. Consider revisiting the segment you mentioned (around 2:18-2:25) to gain a deeper understanding of Cody's approach to business acquisitions.

old shit

and you're still not married?

@@user-nj9ru4ef2w Nah. Why?

Me too!

Yeah there's loads of these bots in the comments of all money-related videos on youtube that are artificially upvoted - sad, and obnoxious lol. I usually report them (but probably has no effect)

Thank you for the kind words! Best, Impact Theory Community Manager