#1171 Codie Sanchez | The Secret To Thriving In A Recession

The Pomp Podcast

Codie Sanchez is the founder of Contrarian Thinking, and has a goal of creating one million financially free individuals. This conversation was held at Lyceum Miami. Topics include preparing for a recession, the benefits of investing in private markets & "boring" businesses, the importance of winning the war for attention, how to negotiate business deals effectively, her financial Fridays, her daily schedule & how she conducts meetings, strategies for finding talent & scaling through automation, questions about her MBA, running a business while working a full-time job, and emphasizes the importance of building an online presence.

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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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TIMESTAMPS:

• 0:00 - Intro
• 0:15 - Preparing for a recession
• 2:48 - Private markets
• 5:35 - Boring businesses
• 7:03 - War for eyeballs
• 8:50 - Business deals
• 11:46 - Levels of operating the business
• 13:53 - Financial Fridays
• 15:55 - Favorite tools to utilize
• 18:48 - Questions to ask yourself
• 20:57 - Daily schedule
• 22:30 - Meetings
• 23:47 - Finding talent
• 28:00 - Scale & automation
• 30:07 - MBA - would you get it again?
• 32:31 - Running a business with full-time job
• 34:50 - Find online