Latest news with #CodieSanchez
Yahoo
19-07-2025
- Business
- Yahoo
I Asked AI To Make Me As Much Money As Possible: Here's What Happened, According to Codie Sanchez
Codie Sanchez posed a simple question in a recent YouTube video — can AI start with nothing and build a $1,000 business in one day? The answer may surprise you — and reveal a lot about making money. Discover More: For You: As AI continues to evolve and become more accessible, the possibilities for its application are growing. So, let's see if starting a business is one of them. The Experiment: Starting a Business with AI To see how much money AI could make her in one day, Sanchez conducted an experiment with an AI she dubbed 'ChadGPT.' The business model was simple — reselling items from Facebook Marketplace with as little human interaction as possible. Her plan was to use AI to find free items to sell, have it coordinate pick-up and then resell them for a profit. The first step was a success. ChadGPT was able to search Facebook Marketplace for potential listings, estimate their resale value and organize the information in a spreadsheet — all in a matter of minutes. The next step was where things got a little trickier. AI was able to message sellers to pick up the items it found for potential resale. However, after only a short time, Facebook flagged the account for suspicious activity and restricted it from sending any more messages. At that point, a little human interaction was needed to acquire the items. Trending Now: Sanchez ended up acquiring nine items from the list AI created but still needed to arrange transportation for them to her office. ChadGPT was back at it, even going so far as to trick the CAPTCHA into thinking it was a human. After experiencing another bump in the road with Uber, AI was able to schedule pick-up and drop-off through another service all on its own. With all nine items sitting in front of her office, it was time to make a profit. ChadGPT created the listings for the items, and then it was up to her to message and negotiate with potential buyers. With the help of AI, she sold three items in one day for a total of $145. Experiment Conclusions So, was AI able to start a business from scratch in one day? Yes. Did it make Sanchez $1,000? No, but with a bit more time, it's definitely a possibility. Process for Starting a Business with AI Reselling free items isn't the only business you can use AI to start, there are numerous money-making opportunities available. Regardless of the business, Sanchez has a simple process you can follow to make real money with the help of AI. Leverage AI where it's effective. Automate anything AI can't do, whether with another program or lower-level employees. Grow your operation to make more money. Final Thoughts So, even though the experiment wasn't a total success, Sanchez's achievement with the help of AI was still impressive. Tasks that would have taken her hours took ChadGPT only minutes. The key takeaway was that AI fundamentally changed the process of starting a business. More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on I Asked AI To Make Me As Much Money As Possible: Here's What Happened, 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
29-06-2025
- Business
- Yahoo
3 Best Weekend Businesses for Making $100, $10K and $100K, According to Codie Sanchez
Most investors know that getting rich on a hot stock tip or a hunch is something that happens often in the movies, but rarely in real life. Building wealth is often the result of consistent, long-term investing in financially stable, well-managed businesses. Read Next: Find Out: However, in this age of profitable side hustles and do-it-yourself social media marketing, there's plenty of extra money to be made if you're willing to work at selling yourself, your product and your business/brand strategically. Enter Codie Sanchez. The 'From Wall Street to Main Street' influencer, best-selling author and business backer is determined to 'create 100,000 business owners and help 1 million of us build profitable businesses,' through the tools and programs offered through her popular digital education company, Contrarian Thinking. Sanchez recently posted a video on her YouTube channel detailing businesses that are making $100, $10,000 and $100,000 in revenue in one weekend. Here are the businesses you can get started in to earn extra income with little to no start-up costs. Starting at the lower weekend revenue end, Sanchez visited the owner of Flaca's Aguas, a simple popsicle cart that offers Mexican flavor-influenced popsicles and more. Although Sanchez's presence (plus a very generous tip from one of its customers) made the weekend a particularly profitable one, this weekend business is one where anyone can easily make $100. The best businesses have low start-up costs, great revenue margins and scalability potential. Operating costs may differ depending on where you live — for example, renting vs. owning a cart and city permits, licensing and health certifications — but a high-traffic location and in-demand products can overcome any financial obstacles you encounter very quickly. Event planning is a natural career choice for sociable and detail-oriented people, but it's also a viable and rewarding weekend money-maker. Starting small, Posh Picnics made its initial start-up costs back after its first pop-up weekend event and hasn't looked back, expanding its services with packages catering to any occasion. Pop-up picnic companies are hot, so much so that you'd better research the competition in your city before jumping into this niche event planning enterprise. Again, word-of-mouth recommendations are crucial to the success of a business like Posh Picnics, so having someone to handle marketing, social media and sales will eventually be a necessity. Registering a domain and having a helpful site, in addition to hitting all social platforms, is a must, too. Discover Now: The key to starting, or buying, then scaling up, a business is finding one with strong recurring revenue, low competition and the capacity to upsell the customer. Even when competition is strong, being approachable and giving your clients impeccable service will beat the competition every time. When Sanchez visited Storage Scholars, she found a business built on optimal performance and effectiveness. The company offers a full-service moving experience for students (supplies, moving, storage and shipping) and makes a killing every year at the end and beginning of school terms. Although there were initial costs for boxes, a truck and a storage unit, the owners were able to pay for these with a pre-paid $50 deposit from customers. Storage Scholars has increased its campus presence every year and now partners with colleges themselves for their students' moving needs. Instead of conveying how difficult entrepreneurship is, Sanchez preaches that you don't need to be a clever businessperson, and you don't need to follow emerging industries to make money. Most importantly, it's not difficult for a creative go-getter like you. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard The New Retirement Problem Boomers Are Facing Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck This article originally appeared on 3 Best Weekend Businesses for Making $100, $10K and $100K, According to Codie Sanchez
Yahoo
27-06-2025
- Business
- Yahoo
'You're the One Holding the Bag': Codie Sanchez on the Mindset That Keeps People Broke
Small business guru Codie Sanchez regularly offers advice for people who want to acquire partial or full stakes in local businesses. She also dives deep into the mindset you need to win at business, but in a recent TikTok, she explored the one mindset that holds most people back. If you have this mindset Sanchez warns about, you can end up losing a lot of great deals and opportunities. Sanchez offered a blunt analysis for people who have this particular mindset about money and opportunities. "You're the one holding the bag," Sanchez stated. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. She's talking about thinking that the world runs on a lose-win playing field. This mentality can result in missed opportunities, but if you have a win-win approach to business, you might grow faster than your competitors. Here's why that's the case. A lose-win money mindset can cause you to view every potential partner as an adversary. Having this mentality may cause business owners to make short-term gains that eventually result in burned bridges and limited future upside. It's also possible that some business owners reduce their goals in this type of environment. They may feel that setting big revenue goals requires that someone lose on the other end. For instance, a business owner who believes in a lose-win money mindset may be reluctant to charge what they are worth and underprice themselves in the process. You can be left holding the bag if you let people take advantage of your low prices, and a lose-win money mindset can steer you away from collaborations. These outcomes can hurt your motivation and result in your business and career slowing down. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. Sanchez goes on to explain that a win-win mentality can create more opportunities. You don't have to put yourself at a disadvantage to give your customers and business partners more advantage. Increasing your value is a win-win that allows you to earn more money while giving customers and business partners a better experience. Sanchez recommends determining the pain points that your customers and business partners have. Some people will happily pay top dollar to resolve those pain points, and you can be the person who provides the solution. If you solve big problems, more customers and business partners will come to you. Business owners do not have to solve every problem, but they can solve big problems within their zone of genius. Sanchez wraps up the TikTok video by encouraging people to discover their skills. You can write a list of everything you know well and then assess how you can make money from those skills. For instance, Sanchez mentions that she is good at marketing. After identifying that skill, Sanchez ponders how she can figure out how much that skill is worth and how to start offering it as a service. You can offer your skill as a product or service to customers or provide a service to a business owner in exchange for some equity. Sanchez enjoys the equity model because it allows you to receive a percentage of profits. Marketing is a valuable skill for people in Sanchez's industry because you need effective marketing to get a small business in front of more customers. If you master that skill, you can more easily scale a business and repeat the process with business acquisitions. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'You're the One Holding the Bag': Codie Sanchez on the Mindset That Keeps People Broke originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. 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
Daily Mail
24-06-2025
- Business
- Daily Mail
Pretty privilege is real as women embrace make-up strategy to earn more money
'Pretty privilege' isn't just a myth, especially in the workforce, according to statistics and insiders. According to a March 2025 report from virtual résumé building hub Standout-CV about pretty privilege in the workplace, attractive employees earn up to $20,000 more than their colleagues. The researchers, who surveyed 1,050 employed male and female Americans over 18, explained: 'We asked respondents to rate how conventionally attractive they are and compared this to how successful they are, to find out how far looks (or body confidence) really does impact your career.' 'Those who rated themselves as extremely attractive earn on average $19,945 more than those who rated themselves as unattractive ($63,954 compared to $44,009),' added the pros. But it's not just about being more attractive. They also have to spend money to make money, with 83 percent believing that 'staffers who invest in their workplace appearance are more highly favored than those who fail to dress to impress.' That includes spending money on products including clothes and makeup. A viral TikTok confirmed that earning more isn't just about being perceived as better looking by your peers, it's also about how you present yourself in the workplace, including the amount of makeup you wear. Codie Sanchez, who worked on Wall Street for two decades, went viral when she told her 1.8 million TikTok followers about a study where workers were ranked on attractiveness. According to a report from résumé building hub Standout-CV about pretty privilege in the workplace, attractive employees earn up to $20,000 more than their colleagues Codie explained it wasn't about getting plastic surgery to guarantee perfectly symmetrical features, but there were other ways to improve 'attractiveness.' The former Goldman Sachs employee said the study found that women made 25 percent more on average when they were deemed better looking. Codie explained it wasn't about job experience or skills, and while it wasn't fair, it was true. 'It actually makes sense to be a little vain - pretty privilege is a real thing, and more of us should have it,' Codie explained. According to a 2016 study by sociologists Jaclyn S. Wong and Andrew M. Penner, 'physically attractive individuals have higher income than average individuals.' 'The level of attractiveness can change if people lose weight or put on makeup. It also found that beauty care in general helped, including manicures, pedicures, wearing contact lenses, shaving hair styling, and wearing perfume and deodorant.' HR consulting and recruiting firm owner Angela Tait told Daily Mail 'the perception that being more put together or attractive translates to being more competent, trustworthy, or having leadership potential.' 'Therefore, that person will be looked at for career advancements, leading to a bigger salary,' Tait explained. Tait, based in Plano, Texas, said that 'hiring managers will mention how people look during interviews, so people consciously or unconsciously notice how someone looks when hiring for a position at their company.' Tait believes that women don't need full glam to get hired or a raise. She suggests tinted moisturizer to look instantly polished, well-groomed eyebrows, and mascara. 'Even subtle lip color can anchor you in a meeting so that others engage and listen when you speak up,' Tait advised.
Yahoo
20-06-2025
- Business
- Yahoo
Codie Sanchez Shares Who You Should Meet To Build Your Network: 'I Don't Need Friends Anymore'
Small business expert Codie Sanchez has acquired many Main Street businesses and teaches others how to do the same. As you set bigger goals and acquire businesses, you start to change as an individual, and that transformation can make you feel isolated. The further you pursue career growth and other goals, the harder it is to find like-minded people. Sanchez presents a solution to this problem while saying something that sounds contradictory. "I don't need friends anymore," she stated. Sanchez then revealed how this mindset can expand your network and introduce more opportunities. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Sanchez recommends meeting people who have the same goals. For instance, Sanchez said that she needs business partners instead of friends. Business partners can be great friends, but these people also have the same goals and can work with you toward your dreams. You can meet like-minded people on social media, business conferences, online groups, and other locations that these individuals regularly attend. You have to get yourself out there to meet these types of people. While you can meet people online, it's even better to get out of your house and meet people in person. Sanchez's TikTok video included multiple clips where she meets business partners and other individuals who align with her goals. While posting on social media and interacting with people online can be a great starting point, it's great to capitalize on your area. If you can't find any like-minded people in your location, it may be worth it to move somewhere else. Trending: Maximize saving for your retirement and cut down on taxes: . Sanchez doesn't only use this strategy to meet business partners. She's also intentional about finding more gym buddies and allies who push her. Working out with gym buddies may not seem like something that improves your business and finances. However, getting regular exercise and pursuing hobbies can expand your creativity and ability to solve problems. If you do rigorous workouts, it's easier to commit to long-term financial goals that require plenty of sacrifices along the way. If you want to improve in any skill, consider who you have to surround yourself with to make it easier to succeed. Trying to make new friends is the luck of the draw, but if you're intentional about the type of people you want to meet, you have a higher likelihood of finding wrapped up her TikTok video by saying that she regularly looks for hustlers who motivate her. Finding these types of people can introduce you to new ideas that can boost your income and move you closer to your goals. However, motivational people don't have to have a higher status than you. You may be motivated by someone who is hustling hard to make their ventures work and is in the process of upscaling their career. Serving as a mentor for these types of individuals can remind you of valuable lessons that you may have forgotten. You can also find someone that motivates you in one of your hobbies. You may be further along than someone with your finances, but if that same person is further along in your hobby than you are, it's possible to be motivated by that person. Read Next: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Codie Sanchez Shares Who You Should Meet To Build Your Network: 'I Don't Need Friends Anymore' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
