The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
Want 29 OTHER income investment ideas? Check those out here π https://contrarianthinking.biz/3RkMgkc
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CHAPTERS:
0:00 How I Built 9 Income Streams While Working 9-5
0:24 Choose The Best Income Stream For You
1:00 Lever 1: Time
6:34 Lever 2: Expertise
16:37 Lever 3: Brand
21:52 Lever 4: Money
27:32 SUBSCRIBE
Want to become wealthy, lower your risk and have the highest likelihood of earning the most amount of money? Then you’ll need to learn how to generate multiple streams of revenue.
You might be thinking, “but Codie, I already have a job!” Cool. I grew 9 income streams while having a job, way before I got a following on the Internet, so put your excuses in the shredder because you can do it too. I’m going to show you how so you can follow my blueprint.
The most important thing to consider when it comes to multiple income streams is LEVERAGE. How can you work smarter and not harder to make more money? A lever is a useful tool that lets us lift weights that we otherwise wouldn’t be able to lift on our own. We can use that same principle with money.
There are four main “money levers” I talk about in today’s video. The fist one is time. Any time you can trade your time for someone else’s money, it’s a super power. How do you know what service to offer, when to get in and most importantly, when to get out? There are some important clues and limitations to look out for, and I’ll tell what they are in this video.
Have you used any of these money levers to grow an additional stream of income? Are there any you’ve found useful that I didn’t cover in this video? What are they? I want to hear from you!
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Check out these other great videos! π½
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
Want more ways to create wealth? π Join our FREE 10 newsletter HERE: https://contrarianthinking.biz/yt-lg
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Chapters:
00:43 Money Land
01:49 – $0-100k
05:56 – $100-200k
09:39 – $500k+
13:04 – Rich & Non-Miserable
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How do we get rich, but not become miserable doing it? Anyone who tells you “money can’t make you happy” is lying. Money is awesome. But money can also lead to despair when you can’t see the light at the end of the tunnel, because on average it takes 12 years and 5 months to save $500k at a reasonable rate.
So how do we do the grind to get us there without breaking us? Today I’m going to show you the “money map,” or the route you can take to the goal of making money while avoiding some of the most common pitfalls.
First is the “heads-down” zone. This is part of the process from $0 to your first $100k. And here’s the truth nobody wants to hear: it’s going to suck. A LOT. But the key to making it suck less is to fall in love with learning. I’ll give you the “self interview” test in this video so you can better understand yourself and what motivates you.
There’s a Japanese concept called “Ikigai” which combines what you love, what you need, what you’re good at and what you can get paid for to give you a reason for being. The sooner you figure this out, the sooner you can be on the right path towards making money and not burning out.
Are you obsessed with what you’re doing? Do you love it? Are you getting paid for it? Why or why not? Comment below, I want to hear from you. Also we’re almost at our 1 million subscriber milestone, so if you haven’t already, subscribe and tell a friend!
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Check out these other great videos! π½
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
The ONE document I make ALL my companies use π The ONLY way to insure you are not going to run out of cash is to track it weekly. This is every private equity funds simple superpower: https://contrarianthinking.biz/46d4LeG
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Every entrepreneur dreams about the title of CEO, but the path to getting there is a mine-field of failure. Here’s the hard truth most people don’t want to hear, and even fewer will want to tell you: you will fail, repeatedly. Jeff Bezos has made multiple billion-dollar mistakes at Amazon. He’s lost more than most people will ever gain in a lifetime.
45% of businesses fail in the first two years. And in 10 years, 75% of all businesses fail. Why am I telling you this? Because if you can anticipate failure, you can be prepared for it, learn from it and be better at avoiding it in the future.
The most expensive mistake you’ll likely make is not what you do, but who you chose to do it with. A lot of entrepreneurs may at some point start a business with a friend. Friends are easy to work with because we already like them, but unfortunately, sometimes money makes people do crazy things like steal from you. It has happened to me, and it will probably happen to you. It sucks, but it’s not the end of the world and it will hone your senses to look out for the next time it could happen.
This video is full of all the common pitfalls you may encounter on your bumpy road to success. Have you encountered any of these problems while running your business? Are there any red flags you noticed along the way, and ones you didn’t anticipate? Comment below!
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Check out these other great videos! π½
The BE AN ADULT SECTION π€
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
