meta_pixel
Tapesearch Logo
BiggerPockets Business Podcast

105: The MOST Profitable Skill to Learn (From a $200M+ VC Investor) with Codie Sanchez

BiggerPockets Business Podcast

BiggerPockets

Business, Careers

4.8696 Ratings

🗓️ 27 April 2021

⏱️ 73 minutes

🧾️ Download transcript

Summary

Successful business owners are addicted to building businesses, sometimes to their folly. For someone like Codie Sanchez, this isn’t a problem, but a superpower. Codie is a journalist, a venture capital partner, an angel investor, and an entrepreneur. She loves, as she puts it, “building herself out of a job”, which means creating businesses with huge potential, getting a team in place, and heading on to better things. Now, managing many millions of dollars, she has to look into which businesses are worth capital investments. Codie often advises business owners to act out of confidence, not fear, and consistently hire people that are better at their jobs than them. She places a very high value on having employees and workers who are competent and can help the team grow (as any smart business owner should). Codie mentions the most profitable skill of today and how she’s using that specific skill to grow her newsletter, Contrarian Thinking. She argues that in today’s society, the top level of hierarchies for time freedom and ideological freedom is financial freedom. If you can decide what you do, where you do it from, what you can and can’t say, and how to live your life, you have the ultimate freedom available. This episode delves not only into the life of a VC, but how small businesses can keep their loyal customers, grow their audiences, and repel those who aren’t a good fit for them. Regardless of the size of business you have, Codie presents great arguments for everyone about developing yourself, your business, and your mindset. In This Episode We Cover Laying the foundation of businesses and “building yourself out of a job” How to extract yourself from your business and empower long-term success Contrarian thinking and why it’s a crucial skill in today’s society How to start a “high margin, low people” business The one skill you should start building upon today How to make your audience loyal and push away those who won’t like your offering And So Much More! Links from the Show BiggerPockets Forums Entourage Effect Capital Contrarian Thinking Playbook Check the full show notes here: https://www.biggerpockets.com/bizshow105 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

So, you want to be a marketer. It's easy. You just have to score a ton of leads and figure out a way to turn them all into customers. Plus manage a dozen channels, write a million blogs and launch 100 campaigns all at once. When that's done, simply make your socials go viral and bring in record profits. No sweat. Okay, fine. It's a lot of sweat. But with HubSpot's AI-powered marketing tools,

0:23.2

launching benchmark-breaking campaigns is easier than ever.

0:26.7

Get started at HubSpot.com slash marketers.

0:30.7

This episode is brought to you by Vantar.

0:33.6

Stressing over cybersecurity,

0:35.3

whether you're a startup, growing fast, or already established.

0:38.6

Vanta can help you get ISO-27,001 certified and more.

0:43.6

Plus, it allows your company to centralize security workflows,

0:47.6

complete questionnaires up to five times faster,

0:50.2

and proactively manage vendor risk to help your team stay compliant.

0:54.3

Head to vanta.com slash Spotify to learn more.

0:58.4

Ready to launch your business?

1:00.3

Get started with the commerce platform made for entrepreneurs.

1:03.5

Shopify is specially designed to help you start, run and grow your business

1:07.6

with easy customizable themes that let you build your brand,

1:11.1

marketing tools that get your products out there, integrated shipping solutions that actually

1:15.1

save you time, from startups to scaleups, online, in person, and on the go.

1:20.7

Shopify is made for entrepreneurs like you.

1:23.1

Sign up for your $1 a month trial at Shopify.com slash setup.

1:28.8

Welcome to the Bigger Pockets Business Podcast show 105.

1:34.7

I'm no genius. I am just as likely to make mistakes as anybody else.

1:38.4

And so once I realized that, I was like, okay, what is the path of least resistance with

...

Transcript will be available on the free plan in -1430 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.