Codie Sanchez: They're Lying To You About How To Get Rich! How To Turn $1,000 Into $1M! Hard Work Doesn't Build Wealth!

Steven Bartlett (0:00)

Can I get rich if I just have a salary?

SPEAKER_2 (0:02)

Yeah.

Codie Sanchez (0:03)

If you want to make a couple million dollars, 100 percent.

Steven Bartlett (0:05)

And can everybody do that?

Codie Sanchez (0:06)

Yes. It's only not accessible to you if you're a lazy piece of **** that wants to do nothing. None of this is rocket science.

Steven Bartlett (0:12)

What do you do?

SPEAKER_2 (0:13)

So start with Codie Sanchez has taken her experience from Wall Street to become a multi-millionaire, investor and business owner.

SPEAKER_4 (0:19)

And now teaches millions of people how to make money and be financially free.

Steven Bartlett (0:24)

Codie, if I set you the challenge of building your wealth from scratch, what do you do?

Codie Sanchez (0:28)

Okay, step one, get with the biggest bad-ass guy or gal you can find who is already successful and you do everything possible to provide value to them. And by the way, it sucks. But the best advice for a 20-year-old is to realize that your 20s do suck. But everybody focuses on how much money you make and start doing entrepreneurship too early. Oh, you can be a 20-year-old and drive a Bugatti and play around with crypto. Huge mistake. Focus on learning. And you're going to have no time for anything except what your boss asks of you. But if you want to win and be successful in life, upfront pain always leads to long-term gain.

Steven Bartlett (0:59)

But how can I manipulate or motivate you into giving me a shot?

Codie Sanchez (1:02)

If you want to get in front of a rich, powerful person, start with...

Steven Bartlett (1:06)

Where'd you go from there?

Codie Sanchez (1:07)

Make as much money as humanly possible from your salary and invest in other side deals, such as what I call gateway drug businesses. A business so simple that you can run it even if you've never run a business before.

Steven Bartlett (1:17)

But how can I buy a business? I'm going to have to wait till I'm rich.

Codie Sanchez (1:21)

Well, there's actually way more opportunity than anybody realizes because there's three ways to buy a business. One is...

Steven Bartlett (1:31)

Codie, if you could encapsulate your message into a sentence, what would that sentence be? But also, who exactly would that sentence be for?

Codie Sanchez (1:45)

It would be the only way to have freedom is through ownership, and the world doesn't want to give it to you. And that message is for every human who's felt disenfranchised and is a little bit of tired of other people directing their lives and wishes that they had their hand on the helm instead. And I think in today's day and age, ownership is something that people on high say is bad, you know, fuck the big guys, the rich people, the owners. And in reality, that's just them saying they want to be in charge instead of you.

Steven Bartlett (2:23)

Who isn't your message for? Who will it just not resonate with and work for?

Codie Sanchez (2:27)

Black Rock, Blackstone, most billionaires who already know this. I mean, I think that is the answer though. The message will not resonate with people who think that they should own everything and other people should ask for permission. It won't resonate with people who don't want to work kind of hard. It sucks to be an owner. Anybody who's ever run a business has felt inside that horrible feeling on Friday when you don't have enough cash and payrolls come in and you've got to figure out what to sell or what to give up in order to pay your employees. That's an awful feeling. So it's not for people that aren't willing to do the hard thing. But it kind of goes back to what we know to be true. It sucks being broke just as much as it sucks working hard. And so choose your heart.

Steven Bartlett (3:11)

Your message has resonated really profoundly with millions and millions and millions of people. You've got an audience of millions of people across all of your social media channels. It appears that you've hit culture and the zeitgeist with a particular message at a particular time. Do you spend much time reflecting on why your message is so resonant right now?

Codie Sanchez (3:30)

That's interesting. It's hard right now to not think about politics in some way, shape or form. And so I think when I think about politics today, what I really think about is who's in charge, right? And so I do think about why does one politician hit a chord? Why does one not? And I think when I think about my message, what hits me closest to home, is that for some reason, a message right now is feeling true for many people in the world that there's a lack of trust, like trust in institutions, trust in governments and big corporations in the media. You know, I saw yesterday an article about CNN. This is fascinating. How many views do you think CNN got in primetime for one week, three hour segments every day, primetime for one week in May?