Latest news with #CodieSanchez
Hindustan Times
4 days ago
- Business
- Hindustan Times
‘I think people severely underestimate India': US founder praises India's booming startup scene
A US businesswoman and author Codie Sanchez has shared a post praising India, saying that it is "severely underestimated " as a business powerhouse. Taking to X (formerly Twitter), Codie added that she is planning a trip to India. Codie tweeted, "I'm planning an Indian tour... I think people severely underestimate India as a business powerhouse. 1) Past = It's only call centres. Now = millions speak fluent English. 2) Past: IT back office for the world. Now = tons of engineers with complex skills. 3. Past: Copycat Indian startups. Now = Billion-dollar native creative startups." Codie concluded her note, "Functioning democracy. Rule of law. Intellectual property rights. Entrepreneurial attitude. All ingredients for the next startup innovation hub." The Entrepreneur on a journey page asked, "This tour, will it be in India, or in the north Dallas suburbs?" She replied, "lol real ones know." A woman wrote, "I'd love to join & my family would be happy to host you with factory tours in Morbi, Gujarat, massive export town. India is amazing. Despite its reputation, it is truly the future in terms of business." Codie responded, "Thank you I have never been to those parts of India!" A tweet read, "Definitely visit factories in India. The startup world will be easily accessible, but get into as many factories as possible." A person wrote, "Totally agree! India's transformation is incredible. From innovation hubs to startup unicorns, the potential is massive. Excited for your tour—bet you'll find it eye-opening!" "As someone from India, I feel this shift every day. It's not just talent, but it's hunger, creativity, and a new wave of builders who aren't just following trends, but setting them. The world's watching now," wrote another person. An X user said, "It's crazy how fast things have changed, India's emerging as a major global business force." A comment read, "Good luck with the tour. You will experience many different versions of India. So let's see what you come back with." A person said, "India is going to become the new China for the USA. We move a lot over to them. They copy and replicate. Their economy will grow. Millions will come out of poverty. Hopefully, this time, we do it smartly so we don't build up our next strategic competitor. Maybe that's inevitable." Currently based in Texas, Codie studied at Arizona State University and then did her MBA from Georgetown University. She has worked for several companies such as Vanguard, Goldman Sachs, State Street and First Trust, among others. She is the founder of Contrarian Thinking. Codie also has her own podcast channel, Big Deal.
Yahoo
17-05-2025
- Business
- Yahoo
If You Keep Doing These 4 Things, You'll Make ‘a Ton of Money,' According to Codie Sanchez
Codie Sanchez isn't your average money expert. She went from journalist to private equity powerhouse, building a multimillion-dollar portfolio not by chasing trends, but by doing the exact opposite: buying overlooked, unsexy businesses most investors ignore. Laundromats, car washes, vending machine routes — what she calls 'boring businesses' — became her path to real wealth and financial freedom. Try This: Find Out: Sanchez believes that if you build these four habits into your life, you'll put yourself in a strong position to build real wealth. One of Sanchez's strongest points is that speed and scale matter. If you take forever to make decisions, big or small, that habit might be costing you money. 'Your bank account is a direct representation of the size of problems you solve and how fast you move,' she said in an interview on 'Millionaires In Cars Getting Coffee' with George Kamel. She used the example of someone holding up a coffee line, unable to decide on an order. It's not just annoying, it's a reflection of indecision and lack of awareness. Wealthy people, she said, move quickly, act decisively and aim at bigger problems. 'Too small,' she said her mentors often tell her when she's thinking too narrowly. The takeaway: Start solving bigger problems, and stop wasting time second-guessing every small decision. Check Out: This is Codie Sanchez's signature hot take, and it's the foundation of her entire wealth strategy. Forget flashy startups or the next big app. Sanchez built her fortune by acquiring what she calls 'boring' businesses: laundromats, vending machine routes, car washes and other everyday operations that most investors overlook. In her book 'Main Street Millionaire,' she broke down how these unsexy, often ignored businesses can become cash-flow machines when managed strategically. She even coined the term 'SOWS,' short for Stale. Old. Weak. Simple. The acronym refers to companies with simple operations, steady cash flow and low competition. These businesses might not make headlines, but they often come with huge upside, especially when bought from retiring owners and improved with better systems. The takeaway: You don't need to chase unicorns to build wealth. Sometimes the smartest move is owning the boring business no one else wants. Codie Sanchez didn't quit her job to chase a vague dream, she moved strategically. She left journalism, a career that offered her limited earning potential, and transitioned into finance, where she had more financial upside. Then she used that income to fund her own ventures. 'I made my first multiple millions of dollars working for other people,' she told Kamel. 'I kept my salary for as long as I humanly could, and I built on the side.' Her approach wasn't about playing it safe, it was about building leverage. She used her paycheck to stack cash, test business ideas and create new income streams, all while still on someone else's payroll. The strategy works best if your job pays enough to give you breathing room. Sanchez made her first millions in finance, and not everyone has that kind of runway. But the core idea still holds: Use whatever stable income you have to build leverage, not just survive. The takeaway: A well-paying job isn't the enemy of entrepreneurship. It's your first investor. Use it to build capital, skills and momentum before making the leap. Sanchez argues that money alone isn't the goal; freedom and impact are. 'The goal is not just money,' she said to Kamel. 'The goal is money, which equals freedom, which allows you to pick your impact.' She elaborated on this perspective during an appearance on 'The Mark Manson Show.' 'Money is the ultimate equalizer. If you want to make a real difference, it's going to be very hard for you to do it without resources.' Sanchez is not against prioritizing money, but she's clear that chasing profit without purpose can lead to burnout or misery. The real win comes from solving meaningful problems and serving others. The takeaway: Money is a tool. Use it to create freedom and purpose, not just status. Codie Sanchez doesn't sugarcoat what it takes to build wealth. She's not promising shortcuts or overnight success. But if you commit to solving bigger problems, taking action, working before you quit and leading with purpose, you might just make a ton of money. More From GOBankingRates What $1 Million in Retirement Savings Looks Like in Monthly Spending How Much Money Is Needed To Be Considered Middle Class in Every State? 5 Little-Known Ways to Make Summer Travel More Affordable The New Retirement Problem Boomers Are Facing Sources George Kamel, YouTube, 'Codie Sanchez: You're Being Lied To About Getting Rich | Millionaires In Cars Getting Coffee.' Codie Sanchez Mark Manson, 'Episode 29: How to Go From Boring to Extraordinary (ft. Codie Sanchez).' This article originally appeared on If You Keep Doing These 4 Things, You'll Make 'a Ton of Money,' According to Codie Sanchez Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
Is That Online Course Promising Six-Figure Income a Scam? Experts Weigh In
fizkes / As people struggle with fears of recession, some may turn to courses with the promise of 'getting rich quick' — from something like e-commerce or drop-shipping to coaching or becoming an 'influencer.' Be Aware: 30 Scam Phone Numbers To Block and Area Codes To Avoid Check Out: The New Retirement Problem Boomers Are Facing Some courses that teach you how to start or grow businesses are perfectly legit — but many others are scams. How can you tell the difference? Watch for these red flags. If It Sounds Too Good To Be True, It Probably Is Many courses promise a six- or even seven-figure income with very little work. Be careful if the instructor is making these claims without evidence to back it up or making it sound a lot easier than you might imagine. Check sites like Glassdoor or or even the Department of Labor website, to see what the average professional makes in the field you plan to study. Understand what success might look like and what it could take to get there. Read Next: Here's How To Use AI To Quickly Start a Side Gig, According to Codie Sanchez It Promises Results Likewise, whether a course promises to make you a millionaire or just enough to pay off your student debt, be skeptical of any course that guarantees results. 'No course or coaching program should promise guaranteed results, because there are too many factors at play: timing, market demand and personal circumstances,' said Treasa Edmond, strategic business coach and 'Boss Responses' podcast host. 'Some people will succeed wildly. Others will struggle.' Further, no course should state or imply that you'll have success if you just read the materials. 'Passive watching doesn't lead to transformation, implementation does,' Edmond said. If you choose a course that seems like a good fit for your goals and you still don't succeed, Edmond pointed out that it doesn't necessarily mean the course is a scam. 'It just means the outcome depends on more than enrolling,' she said. The Instructor Doesn't Seem Reputable If a company or instructor has negative reviews, consider other options. On the other side of that coin, if reviews that seem over-the-top positive but vague, it's also wise to steer clear. Also, if a company has no social media accounts, especially if it's lacking a LinkedIn, this could be a red flag, Selzy explained in a blog post. You Won't Have Access to the Instructor Before you sign up, find out what support tools will be available throughout the program. A membership community where you can chat with other students, have live calls or get coaching from the instructor is often where breakthroughs happen.
Yahoo
19-04-2025
- Business
- Yahoo
Self-Made Millionaire Codie Sanchez Shares the Best $1K Investment She's Ever Made
Self-made millionaire Codie Sanchez has built her wealth through buying 'ordinary' small businesses, but her best small-scale investment has nothing to do with her impressive portfolio. Learn More: For You: During a recent appearance on the 'On Purpose With Jay Shetty' podcast, Shetty asked Sanchez what her best $1,000 investment has been, and her answer may surprise you. Sanchez's best $1,000 investment wasn't a stock or a stake in a small business, but an investment in her own health. 'This is a little cliche, but health and wealth are super tied,' she said on the podcast. 'The best money I've ever spent are probably on two things: a sauna and a cold plunge.' While it might not seem like there is a tie between saunas and cold plunges and making money, Sanchez believes there's a real connection. 'I know that sounds super tech bro, but the truth of the matter is that if I can get a little bit more energy in the beginning of the day, it seems to carry through the rest of my day and make me more money,' she said. 'So whatever your sauna and cold plunge is — and I think I bought mine on Amazon for literally $1,000 each — then that's money well spent.' Find Out: Even if you don't have $1,000 to invest in your health, there are some things you can do for much less — or even for free — that can improve your well-being: Meditate. Get in a daily walk or run. Add probiotics to your diet via fermented foods. Journal. Follow workouts on YouTube. Drink green juice. Get eight hours of sleep every night. Try oil pulling. Stock up on frozen veggies. Take advantage of free trial periods at gyms and fitness studios. Dry brush before showering. Buy nuts, seeds and dried fruits in bulk. Drink more water instead of less-healthy (and more costly) alternatives. Observe 'meatless Monday.' More From GOBankingRates Mark Cuban: Trump's Tariffs Will Affect This Class of People the Most4 Affordable Car Brands You Won't Regret Buying in 2025How To Get the Most Value From Your Costco Membership in 20255 Types of Vehicles Retirees Should Stay Away From Buying This article originally appeared on Self-Made Millionaire Codie Sanchez Shares the Best $1K Investment She's Ever Made
Yahoo
25-03-2025
- Business
- Yahoo
Here's How To Use AI To Quickly Start a Side Gig, According to Codie Sanchez
In a new YouTube video, finfluencer Codie Sanchez asked AI to make her a $1,000 company in one week, and it did. Sanchez started by taking her version of ChatGPT, Operator — which she redubbed 'ChadGPT' — to help her create a startup company focused on trade. Check Out: Explore More: Interested in making this your new hustle? Here is how you use AI to quickly start a side gig, according to Sanchez. Sanchez and ChadGPT set up their business to scan the web for free or low cost items for sale on sites like Facebook Marketplace and Craigslist. Sanchez said as it scrolled across Facebook Marketplace, ChadGPT was 'pulling listings … rapid fire' as it searched Facebook Marketplace. Consider This: Within minutes, the AI program was able to find re-sellable inventory for little or no money at all, with 37 items that matched Sanchez's criteria, all of which was catalogued in a spreadsheet. ChadGPT was able to generate an inventory spreadsheet of everything it had found across these market sites without Sanchez touching her keyboard. 'Finding stuff is cool,' Sanchez said, 'but can AI actually message the sellers?' The answer was 'yes,' with ChadGPT reaching out to the people who posted their items online all by itself, though Sanchez did have to give it that direction. However, within two minutes, the bot hit a snag when Facebook detected unusual activity, and the account was banned from sending messages. Sanchez noted that up until now, her artificial intelligence business partner was able to do a lot on its own, but when it was locked out of Facebook Marketplace, it required a bit of human intervention for the next step, which was setting up a courier to bring the items from the seller to Sanchez. 'AI can't fake being human totally,' Sanchez said after ChadGPT failed to set up an Uber account to deliver the products from the buyer. 'I'm going to ask Chad to find a local courier service that moves large items.' Programming this action into ChadGPT, Sanchez was able to direct the AI to have a delivery service pick up the item she wanted to buy and bring it to her office. 'We still got humans involved but all scheduled through the AI.' Once Sanchez acquired products from across the web, she put ChadGPT to work figuring out what the resale price should be for each item, based on similar pricing on Bing, Facebook Marketplace and other online sites sellers in Sanchez's area use. Sanchez directed ChadGPT to make the best listing in order to sell her inventory as fast as possible. 'And just like that, our ad is live,' she said. Within a half hour, a buyer reached out, interested in purchasing an item the bot listed. Sanchez had to handle negotiating with the buyer herself, since ChadGPT had been banned from Facebook Marketplace, but she successfully completed the sale. Having an artificial intelligence system set up is like having an employee that does not require payroll. It can also help a small business turn into a bigger business over time. 'AI is not an end-all-be-all solution for small businesses,' said Abhishek Bhasin, head of product at Uplinq, though he noted that if these small business use it as 'a measured crawl, walk, run approach, it can help them gain insights at scale and speed that only larger corporations can typically afford, similar to how e-commerce revolutionized small businesses to compete with larger competitors online.' While Sanchez proved that AI can do a lot to start and grow a side hustle, it cannot do everything, nor should it be left unsupervised, especially if your side gig is in industry such as resale, and in-person transactions are part of the job. 'Harness your human skills and hard skills while doing the reselling,' said Pinky Chong, a luxury resale consultant and authenticator at The Resale Academy. 'Reselling isn't just about flipping products. It's a crash course in business fundamentals that can be leveraged in countless industries.' More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years 3 Changes That Could Be Coming to Social Security Now That Congress Is Republican 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on Here's How To Use AI To Quickly Start a Side Gig, According to Codie Sanchez Sign in to access your portfolio
