Stop Grinding: Build a Business You Don't Hate | Codie Sanchez
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About this episode
What if the grind you think makes you successful is the very thing keeping you broke and exhausted?
Codie Sanchez, a former Goldman Sachs employee who has run 1,621 businesses through her company’s systems, sat down with Lewis to talk about money, freedom, and why most entrepreneurs across the US earn less than California’s $78,000 minimum wage. Her book Own or Be Owned is built on one uncomfortable question: do you own a business, or does it own you?
She tells the story of walking into a bank for a loan and finding the account she thought held a million dollars almost empty. That night she sat in the dark and called her dad, who told her you are not really in the game until you have had a night like that. She never ran a business without systems again.
The fixes she shares are simpler than you expect. Most businesses are underpriced by 30 to 300 percent, fewer than a third have recurring revenue, and hard work has almost nothing to do with how much money you make. She also explains why more than 80 percent of kids want nothing to do with their parents’ business.
You will finish this one ready to raise your prices and build a life where work fits around the people you love.
Pre-Order: Own or Be Owned: Build a Business So Good It Doesn't Need You
Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses
In this episode you will:
- Learn the OWN system of 12 profit levers Codie Sanchez uses to build a business that runs without you
- Raise your prices with confidence once you see why most businesses are underpriced by 30 to 300%
- Escape key man risk by building systems and hiring people who can outperform you
- Test real market demand before you build, so your next venture doesn’t start from your pain
- Break the money beliefs that keep you living paycheck to paycheck
- Pay yourself first and add recurring revenue so your profits turn into lasting freedom
For more information go to https://lewishowes.com/1983
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