It Took Me 39 Years to Realize What I’ll Tell You in 14 Minutes
By Codie Sanchez
Summary
## Key takeaways - **Embrace the chaotic journey, not a straight line.**: A straight line journey is boring; life is meant to have curves, curveballs, and missed shots that you'll later be grateful you didn't take. [00:56] - **Setbacks are gifts; pull the nail and move forward.**: When life deals you a setback, like being pushed out of a company, don't dwell on why it happened. Instead, pull out the 'nail' of the problem and focus on healing and moving forward. [01:13], [01:39] - **Surround yourself with winners, not losers.**: If you associate with people who are not achieving their goals or who are critical of others, you will eventually adopt their mindset and become like them. Cut out negativity relentlessly. [03:10], [03:24] - **Network by offering value, not just taking.**: When entering rooms with successful people, don't be afraid to be the least experienced. Instead of focusing on what you can gain, ask how you can help them, which can lead to unexpected opportunities and deals. [06:04], [06:31] - **Winners thrive under pressure; don't fear it.**: Pressure is a gift that signifies capability. When faced with difficult situations, view them as an opportunity to showcase your resilience and potential, rather than a threat. [12:04], [12:44] - **Regret is worse than failure; always try.**: The greatest disappointment in life is not failure, but the regret of never having tried. If something fails, at least you learned and grew from the attempt. [13:45], [14:02]
Topics Covered
- Embrace the detours; they lead to growth.
- Failure is a gift; it's your greatest opportunity.
- Surround yourself with winners, not those who drag you down.
- Pressure reveals winners; embrace it as a privilege.
- Regret is worse than failure; never stop trying.
Full Transcript
What if I told you that you're not
focused on the right things in life?
What if all this time you spent trying
to crack the code, asking why things
happen, what it all means, where it's
headed, was actually a distraction. I'm
going to save you 20 years of suffering.
Because what you're really looking for
is so much simpler. Although it would
take me 30 years to learn. Oscar Wild
actually had an amazing line about the
punishment for knowing exactly what you
want to be is that you know exactly what
you want to be. The real journey is in
waking up every day and figuring out
more and more who you're supposed to be.
I worked in politics. I was a
journalist. I went into sales. I went
into finance. Uh I worked in startups.
And then I finally got online. Now I own
a bunch of businesses and started
investing in these small businesses
until they were big, huge businesses.
But I don't think I found my actual path
until 5 years ago and I'm 39. You know,
my mom used to say the grass was
greener, but that's not true. I just
kept learning and growing because the
most boring journey of all would be one
that's a straight line. There's nothing
interesting in that. You were meant to
have a bunch of curves, curve balls, a
bunch of may and could have done and a
bunch of missed shots that later on you
find out you were so grateful you never
took. You know, 10 years ago I got
pushed out for the first time from a
company. I guess some people say fired.
I like the sound of pushed out better.
And I was heartbroken. Like I had given
my all to this company. I had made them
millions and millions of dollars and
they had told me I wasn't good enough.
So I spent a few literal months
depressed, anxious, upset until my
father told me a story. He said, "Life
is often filled with nails we step on."
And we could spend our lives trying to
figure out why it got there, who did it,
whose fault it was, or we could just
pull out the nail and feel it. It hurts,
but we're fixing it. So at that point, I
finally realized it was the greatest
gift I could ever have. And that's when
I first started truly betting on myself,
investing in things, owning some of
these businesses, not listening to
people who told me that I wasn't good
enough. That's when I had my first
really big personal win. I made my first
dollar all by myself. So, if you've been
fired, I'm sorry, but also
congratulations. That's life. You're
supposed to move through it like a
river. You want to be on a boat, not on
a rock that has to stand steady and
never move and never sees anything
differently. And, you know, some of us
are just born with the fight in us. You
know what I mean? I had my heart broken.
Like truly broken. I was deep in a
relationship with a person who
completely lied to me. Basically told me
he loved me. Turns out he had a whole
family. He did not love me. I was in
fact one of many. I was so hurt I could
barely handle it. The only thing I could
do or even think about doing was moving
out of that city. I didn't know how to
walk the streets there anymore. But
something flipped for me and I realized,
that guy. It's his loss. It
inspired me to go become the person I
wanted to be. That I didn't feel like
another person had to choose me. I could
choose myself. You don't have to be
stronger or brave or have more courage.
For some reason, you just got that grit
in you, that consistency to push through
that sick little part inside of your
head that likes it when there's a fight
because you want to see what you're made
of. I don't think God gives us what we
deserve. I think God gives us what we
can handle. So, whatever you got going
on in front of you, just know the big
guy believes you got everything you need
to handle it. But a harsh truth is, if
you hang out with losers, you will
become a loser. If you hang out with
people who say that's not possible, you
will become a person who thinks it's not
possible. If you hang out with people
who have never built anything, you will
never build anything. If you hang out
with people who make fun of other
people, they'll make fun of you next.
Cut them out relentlessly. Apologize
zero for it. You know, on the road to
success, I lost so many friends. The
worst part of it is I didn't choose to
lose them. Most of them I tried to pull
along to invite places, but for some
reason, my success would trigger them.
one of my oldest friends from college I
now never speak to because she said I
was too focused on my builder friends
and didn't want to go out and drink with
her anymore. She made up this whole
story in her head about how she thought
I thought she was less than her. And I
thought, man, I never thought that until
right now. Since then, of course, she's
done all the things, you know, talked
badly about me to other people, and I've
pretty much lost that entire friend
group. But here's what I've realized.
Losers don't like winners. They will not
want you to win. They will smile. They
will pretend they're happy for you, but
they are not. Only other winners want to
see you win. But losers can become
winners. So, if you've been a loser
before, it's okay. You can change your
stripes. But it is not your job to
change other people from losers to
winners. It's your job to become a
winner yourself. Doing that is how you
lift people up. Staying around other
people who want to keep you down is how
you stay down forever. Imagine trying to
get healthy when you're sitting in a
petri dish of disease. We take on what
is around us. You'll start looking like
them, talking like them, acting like
them, and before you know it, you'll
have the same life as them. There's
nothing worse than being around cynics
who have achieved nothing. And you know,
that kind of made me think that like the
other day I heard this ridiculous line
that stuck with me. Do crackheads say,
"I can't get high because I'm broke?"
Nope. They figure it out. So don't let a
crackhead work harder than you. It's
such a ridiculous idea and yet so true.
The real question is like, how bad do
you want it? Are you obsessed? Are you
grinding? You're just kind of
conveniently interested in something a
tiny bit. I know it may seem like I've
got it figured out with these big
companies, books, helping thousands of
people buy businesses, but I just want
you to know I went to Arizona State
University. I partied more than I'd
studied. Thank god social didn't exist
because wow, we don't need to see those
videos. I made every excuse under the
sun. I drank too much. I stayed up late.
I dated the bad guys. I got close to a
few people who wanted something more in
life and everything changed. But when I
look back at the other people, my
roommates from Arizona State, man, they
kept doing that exact same thing. It's a
reminder. Don't let people who barely
survive in life try harder than you do.
Trying is the coolest thing in
existence. There's nothing cooler than
trying really, really hard at something
and not listening when other people tell
you it's not possible. So, in some ways,
go work harder than a crackhead. On the
flip side of that, here's a weird secret
I hope you learn faster than I did. When
you get into rooms with people who have
way more zeros than you, your problems
are so small they can see into your
future. I always thought the word like
mastermind or networking was kind of
gross. self-s serving. Then I got into
one kind of on accident. I sat down with
this guy named David who was worth a
hundred million. And at the time a
hundred million to me was like I
couldn't even fathom. You know, now we
have companies that do $100 million, but
back then I was like that's the richest
man in the world. So I asked him a bunch
of questions and I think he wasn't used
to so direct of questions. But I ended
it with, well, how can I help you? you
know, I I obviously don't have your
expertise, you know, but maybe I have
people that I could help you connect
with. How could I not be self- serving
because you've helped me for an hour?
And as I did that, he kind of looked at
me, gave me a few options. I connected
him, and I realized that that
relationship, just asking what I could
do in return, led to us doing deals
together, led to millions, and led to me
rethinking the way I think about money
forever. So, don't be afraid to get into
rooms where you're the dumbest. In fact,
take every opportunity to have no ego
and ask questions. I don't think you
need to pretend to be smart and know it
all. And if you're new here, let me make
one thing clear. Like, I'm not here to
just inspire you. I'm here to make sure
you do the damn thing. The number one
thing I hear is, "I just haven't had the
opportunity. I actually made a room just
for you." It's called Main Street Over
Wall Street. It's the room where lives
change. Click the link and figure out
how to get into our community of owners.
This room is for people who want to hit
the next level of the game. And I think
if you're watching this, it's probably
you. And what I did realize there too is
that it's a joy as you get more success
when people figure out you did mean
exactly what you said. You know, last
year I had a guy who I thought was a
friend just come at me on the internet.
He posted I think the exact words were,
"You don't have an original thought in
your mind, Cody." And I was like, "Whoa,
I we're friends." Like I had helped him,
but whatever had happened in his life,
the guy thought that I was a waste of
space. And I I asked him like, "Hey, I'm
so sorry if if you felt like this. Uh
why?" He came at me even harder. And at
some point there something flipped and I
realized this isn't about me. This is
about him. Sometimes your light is going
to shine a spot in somebody else's
darkness. When you start getting bigger
than other people that used to be bigger
than you, they're going to push back.
And so I did the exact same thing. And I
said, "You know what? I'm sorry. I
apologize. The only thing I regret in
this conversation is apologizing to you
because you should be doing it to me."
And I was really proud of myself in that
moment because at some point you're
going to get excited by the idea that
you're not there to please people. You
meant it. You're keeping the boundary.
You're not interested. You're not
smiling through it. You got lines now,
borders that won't be crossed. You
understand what you're worth finally.
And the crazy part is you're worth way
more than you think right now. So get
excited to put up some fences. You know,
I also had this uh this pastor that I
loved and I just started going back to
church again. But then one of my
friends, Nick Gray, brought me and I
started to to feel what it felt like to
believe somebody else had my back, a
higher power. And I don't know if you
know this, but the most common saying in
the Bible is do not be afraid. And I
remember that every time I'm stressed or
scared or worried to like stop because
what you are supposed to have will come
to you when you are supposed to have it.
You actually never have to really force
anything in life. You just have to
pursue the things in front of you and
trust the process. the stress, the
anxiety, the worry, the concern, none of
that is necessary. It's normal. It's
hard to kill, but it's not necessary
because it's all coming to you. And if
you just go with the flow and keep
swimming like Nemo, I think he had the
right idea. And all of that gives me
faith because I've realized if I could
teach you one thing, it would be this.
You got to stop giving a about what
other people think of you. Don't give a
because they don't have to live
your life. They're not in your head.
They don't see your future. They're not
part of the plan. They don't understand
why you've been put here. That's between
you and if you have a faith like me,
you're God. They don't like you. That
always makes me chuckle. I'm like, you
don't like me. You don't even have
personality privileges. You don't even
know me. They think about you so little
and yet you spend so much time thinking
about what they think of you. Now, every
time concern from what another thinks
crosses my brain, I imagine me grabbing
it like a mosquito buzzing around my
head and then I smash it. And it's a
little graphic. I think about the full
squish. You know, I hear that little
negative voice they got and I picture it
just like a buzzing mosquito. Smash. It
always makes me laugh and reminds me
that blood suckers don't get to give
feedback. I go back to this moment also
where I'm walking in Mexico City. And I
don't know if you guys know this, but I
used to run a really large asset
management business there, a billion
dollars in assets under management. It's
like an investment business. We had this
one client really that almost half of
our business in Mexico. They're called
Bottomex. It's a really big financial
institution. It had taken me years to do
business with them. They had millions
and millions and millions of dollars
with me. And what was crazy is one day
my contact there goes, "I have to tell
you something and you can't tell
anyone." And then he tells me that
Bottomax is getting bought by my
competitor Black Rockck. I was going to
lose all of the business I had built. I
had I had spent years building with this
client. My entire business was basically
going to go over way overnight. you
know, no money, bankrupt in a way in
Mexico. And I was super stressed. So, I
went on a walk like I do when I'm
stressed in Roma in Mexico City at night
by myself, which probably wasn't the
best idea back then. And I felt like
that tingly sensation at the back of my
head, you know, like somebody's
following you, walking alongside you.
And I saw these two guys on the side of
the road on the other side. And I was
like, well, this doesn't seem good. I'm
going to like get my wallet stolen.
But then I was like, this could
actually get worse. It's like dark. I
don't know what's going on. So, I
started going into overdrive. And I felt
like that moment where you can see the
little red pill and you're like, do I
take it? And then can I see the matrix?
And I knew where I was and I knew a
couple of spots that I could sort of
sneak into. And there's a place where
there's a courtyard that looks like the
door would be locked, but it's not. So I
took a risk, ran into the courtyard,
shut the door, uh, and as they turned
the corner, was really quiet. Hope they
didn't find me. My bet was they were
going to just walk right past. I heard
him talking about me as we were doing
it. And I remember being obviously super
scared. But you know what I realized in
that moment? I kind of got like this
adrenaline rush. And I realized that
winners love pressure. And I thought, if
I can figure out this situation with
these two guys alone on a street in a
foreign country in my second language, I
can figure out business because business
is not going to kill me. So I think you
can tell if somebody's going to win or
lose by how they react when the vice
starts to grip them. Do they crack? Do
they push back? I get the chills
thinking about a little pressure. It's
like anticipation for the show, you
know, my chance to stand on stage and
show what I'm about. So, picture
yourself, you know, kind of like
cracking your knuckles, cracking your
neck, rolling the shoulders, standing a
little bit straighter. Why? Game time,
baby. What a gift pressure is. It means
somebody believes that you're capable of
stepping up and taking swings. No
pressure, no diamond. No pressure, no
profit. No pressure, no privilege.
Pressure is always required if you want
to become a winner. And you got to learn
how to smile when it shows up. And if
you ever struggled, this last one is for
you. You know, I don't know if you've
ever felt like you were a complete and
utter failure, like you had wrapped up
your entire identity and whatever you do
for work. Uh that happened to me. I was
a CEO. And for me, that's who I was.
Then one night, I get a phone call and
find out that the business is almost
completely out of money. I was like so
embarrassed thinking, what am I going to
do when these people who depend on me, I
can't pay them? What are people going to
think? How could I be so dumb? How could
I trust this person that had stolen from
me was completely inept? I was
despondent. And I thought like 10 years
were going to go away basically in the
blink of an eye. And everybody was going
to realize I was a total failure. And
somehow in the middle of the night, I
realized something. Regret is a greater
disappointment than failure. If it all
failed, at least I tried. And that
little realization was that sparkle of
hope I needed to keep digging until I
found the solution to my problem. If you
are struggling right now, know this. You
have to pay the fee. Whatever you're
thinking about doing, go big and do it.
Because the worst thing that can happen
isn't failure. It's never trying.
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