One of the most brillian investing advice i have ever gotten on youtube came from watching an interview with Julianne Iwersen Niemann. Indeed, A solid investment strategy is like a well-planted tree-it can withstand storms and still grow strong!
That's great advice! Julianne Iwersen Niemann's perspective on investments as a long-term growth strategy, much like a well-planted tree, is a solid analogy. A good investment strategy should be resilient enough to endure market fluctuations while still growing over time. It's essential to have a strong plan that balances risk and reward, much like cultivating a tree that thrives even in tough conditions. Working with a seasoned expert like Julianne can help ensure your financial decisions lead to sustainable growth.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get||
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
I understand how you feel. It's a little bit difficult to navigate things these days. You don't wanna lose whatever is left. I may suggest that you find a financial advisor who could give you thorough advice on how to go if you want to go the investment route. Also, the fact your business failed doesn't mean you should give up.
That's right. I have tried many failed businesses and it's just a step further. Don't despair. But to add, if you do decide to use a financial advisor, it's best you use someone who understands your special needs and can work with you. I learnt this from experience before finally finding one I can stick with.
'Sophie Lynn Carrabus is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
As smart investors who understand the true value of the underlying business, we never let the current market price guide us into the quality and success of our investments... we allow the market to serve us.....we take advantage of the emotions and stupidity of others to add great companies on the cheap.
If the dollar collapses don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. best advice get outta debt. make regular investments be debt free and financially stable
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
Spot on advice. Great job! And yeah, I think we investors overestimate how hard it is to stay in the market when things aren't looking too good. Whenever I'm tempted to either cut losses or capture profits, I remind myself of Fidelity's study of their best performing portfolios; the best performers were either dead or forgot they had an account. So now with directives from my asset manager, I pick assets that can perform similarly in both short and long term. My portfolio has been foolproof so far.
It’s funny, because everyone has their own theory-stocks, real estate, starting a business-but this one was about the fundamentals. It’s all about smart planning and avoiding common pitfalls
You know, that actually makes sense. A lot of people jump into investments without really understanding them, just because they hear about someone else getting rich that way. But without a good strategy, you can lose just as easily.
Exactly. I’ve seen so many folks, especially in retirement, struggle because they jumped into something risky or put all their money in one place, hoping for a big return. I was lucky enough to have some guidance early on. One thing that helped me was having a plan with a clear goal in mind instead of taking random risks
It’s true. And if you look at people who are wealthy, they didn’t get there by chance. They had smart advice along the way. That’s why people like Eric Paul Elmer are so sought after-he’s helped everyone from celebrities to regular folks manage their money to avoid those big mistakes
Eric Paul Elmer, huh? I’ve heard his name before. Isn’t he the advisor who works with both high-profile clients and everyday people? Sounds like he has a knack for guiding people, no matter where they’re starting from
Yeah, that’s him! He’s worked with people who have massive wealth, but he also knows the challenges everyday people face. I read he’s big on helping clients avoid common traps, like overspending on trendy investments or relying too heavily on credit
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes. 😊
What I'm very impressed by in this interview is that... He's not shy to say he's an atheist but he talks about going to church? And he has "forgiven" himself... He has faith
With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 8 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
In this world, the general public adheres to the conventional wisdom that a good business and job is the key to becoming rich, while a select group of billionaires has access to and operates by a different set of rules or strategies that are not widely understood or accessible.
Stocks and Forex - an enlightened form of Investment,n the place where millionaires and future billionaires would come for motivation. You are seriously missing out if you have never been in one. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself
I liked the benefits of the investment process because I am very clear about the organization in which I am investing. That's because the examiner's notes keep me informed. In fact, I enjoy the process more than the result. Thank you very much Mr Lee Davis
Getting a van for our business was a priority, we needed it to help with logistics. A friend from the neighborhood took me in. Today we have two vans and business has only improved. Thank you Mr Lee Davis .
I have reached my first 100 thousand (I have it in USDT for the moment) I hope to be able to collect something more and start investing in ETFs and my medium-term goal is to buy a vending machine and start with it without withdrawing everything invested. Greetings
Patricia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery
Great podcast, I’m the jack of all trades but master of none. Never saved in my 20’s-50’s, now playing catch up at 61. Thanks Cody for all your excellent advice
This is one of the most helpful videos I've watched so far. I'm 64 living in Malaysia and still fully employed. Right now am trying to start another couple of income streams and complement my wife's businesses. The latter's are still small but I'm very sure they will be bigger when we continue to improve things. Anyway, the thing I like most about Scott Galloway's episode here is his frankness - no hype but just the hard facts.
I’m about to be 50. And I’m just starting. Lots of adversity to overcome till now. What kind of training should I get? School? Start a business? Go to work for someone? Should I blog this process? Is there gold in that? I’m really overwhelmed. But I’m tired of being in this spot.
The more I consume of you and various others, I find myself depositing almost all my checks into various accounts from certain savings goals, stocks, investments etc. I’m addicted to it.
The importance of diversifying your investments and always putting your money to work is one thing I've learned from millionaires. This year, I expect to make a return on the about $100K that I plan to invest in equities.
Indeed, you are correct. Investing in a variety of asset types, such as bonds, real estate, and foreign equities, can help spread out your money and lessen the impact of a market catastrophe. This is, in my opinion, the greatest strategy.
That is logical. I have a six-figure diversified stock portfolio and have been using a financial market specialist for the past two years. However, this year I want to diversify even more.
People always say diversification, but a lot of people made there water focusing down in 1 area until they mastered it and then once they made the wealth they diversified so not one thing can wipe you all out
I get over failures by learning from what went wrong and taking responsibility, get back up do everything with good intentions in order to have a clean conscious and thank God's for the opportunity and move forward.
This guy has a lot of ideas I agree with. He is very realistic. But I would still try chasing my dreams and passion as long as I am alive. Thanks for this video.
Good collab. I'm looking to start a business soon, only limitation is that I work a 9-5. Is there any not so big but lucrative business you can combine with a 9-5 job? My job doesn't pay badly and I don't want to quit but I need the extra income too.
I was in a similar dilemma two years back. A business may not be the right way to go about getting that extra money except you won't do the running of the business yourself. You should probably consider investing in stocks, ETF's or even Real estate if you have the money. You don't necessarily need a lot of time for this and it is equally rewarding. You can even use the service of a financial expert and this way, you literally do nothing and it's much safer. I now make roughly 12k monthly this way and I plan to still own a business but much later when I'm ready to retire. Goodluck
@dannywalters958 Nice... This makes a lot of sense... I've been considering going into this stock thing for sometime now... Heard its a nice way to make some extra funds... How do you get a good expert and how expensive are they...
Nice... This makes a lot of sense... I've been considering going into this stock thing for sometime now... Heard its a nice way to make some extra funds... How do you get a good expert and how expensive are they...
@@wonderfully_madeJake You should begin by looking out for those with strong records. Also make sure the person is registered. Personally, I use Marie, Kelly Matwick. She's not so popular but you might have heard of her. And from my experience, they're usually way cheaper than you would expect
"Best part about the marines is that you DID it." You got experience you wouldn't have otherwise and your so happy your not doing it now because it sucks. That is how I feel about my army service as a GWOT era veteran. The training helped give me confidence in myself I never had before. It reinforced that I can run my own show and I don't need others to manage me. I'm so glad i left service and have moved on in life because military service sucks.
I can launch my business with a few clicks of a mouse. One year ago I had zero skills in my industry. I have over 40 products that reliably sell, and are in demand. I am extremely good product development. Its a talent i didnt even know I had. Finding what youre good at is a challenge fkr most people.
This guy did things the correct way, according to the SBA 1 in 10 business fail within the first 5 years, the solution to overcome that statistic is to start 10 different businesses, so at least 1 of the 10 will make it. Never give up!
The biggest reason to not start a business is we don’t want to be broke. This is romanticized by entrepreneurs but I would really enjoy a video addressing it.
Successful entrepreneurs keep saying 'focus on your failures". As soon as i fail, i disappeared. I don't want another failure. So here i am with no more failure because i refused to do anything that could knock me off again and risking my little savings. But as soon as i can find an opportunity that does not require much money to start with, i might try. But this tine i better use my brain properly. In the past i did it by feeling and ended in failures
This video dives into practical advice on achieving financial freedom and building a successful career. It challenges the idea of blindly following your passion, suggesting instead that you focus on becoming great at something you're good at, even if it’s in an unglamorous industry. The speaker outlines a formula for financial success: focus, saving early, leveraging time and compounding, and diversifying your investments to reduce risk. Key lessons include the importance of building discipline, starting small with savings, and using early career opportunities (even unexciting ones) to learn critical skills. For young people, developing structure through fitness, work, and social activities is emphasized as a way to build confidence and purpose. The video also highlights the value of resilience, learning from failure, and understanding that financial success takes time and consistent effort. It’s a reminder that anyone can build a fulfilling and financially stable life with the right mindset and habits.
I don't agree with Scott when it comes to some political stuff, but he is so on the money when it comes to personal and business finance advice, it's rare to come across someone so honest and with advice for people that aren't workaholic superstars.
Great podcast. I have followed Scott for almost a decade, and would never have thought I would see the two of you in a room together. While I disagree with him on a number of things, I think he is a good barometer because of the “no BS” articulation of his perspective.
OMG I loved the part, he probably didn't grow up dreaming about making it sound proof and renting it out to podcasters. That's how I feel like when running my business but for a different niche.
Diversification doesn’t work in a financial crisis because everything goes down in a financial crisis. That’s what’s called systematic risk which by definition can’t be diversified. Diversification helps with a company specific or industry specific risk only.
Copywriting (marketing in a broader sense) is what I think i might excel at. I can't get my ideas across verbally. But when I jot them down, it's a whole new level of creativity, grammatical perfection and persuasive power. Fun fact: I convinced a total stranger I never met physically that I'm drowning in the ocean of her love in just about a month or so. And that is only through text. No kidding!!!
My two cents are people don't like to learn on others people mistakes. And especially young men in my country have the mentality "I know better - give me the money, not advice".
Guardrails for sure. I met my partner at 23 and was inbetween jobs. Now I'm in my 30s running several businesses all because I thought when I met her 'shit I've got to get a job otherwise she's not going to want to be with someone like me for long'
I'm a bit confused, and definitely in a rut. But in regards to this video, Scott starts by saying find things you're good at that are in unsexy sectors/industries and uses the podcast space he is in as an example. That the person who is renting out the space is making money on rent etc. But what is that person good at in that example? What is the skill that he's good at? Recognizing that opportunity? Is that it? The example of the granite guy is also interesting too. Did that person "find" what he was good at or was he simply entrenched in a particular niche industry? And over time did he naturally become good AND successful? And how is someone, especially later in life, supposed to find something that they're good at it, in an unsexy industry/niche? I am 46 with two kids and have spent most of my adult life running a QSR brand that didn't ultimately end up doing all that well. I believe in myself and my abilities, but the only thing that I KNOW I am good at is connecting with people. I can talk to anyone and build a connection. It's my superpower. But how to leverage that at this point in my life into a business is beyond me.
1. Workout 2. Go meet be social an hour a day - definitely make a new friend, romantic partner ? I actually do this decided to take the train for fun instead of driving to school twice a week it has changed my life. I love the people I meet everywhere in business class and sometimes coach! 3. Man needs to be provider protector and pro-creator you need the train. I would like to hear more on this topic 100% 💯 the last one is so so so important if you don’t have someone who wants what you want especially something like having kids you are gonna end up divorced I think woman role there for should also be protect the children relationship provide in ways she sees fit typically that’s like hiring a cleaning lady or nanny if she works as that’s the norm nowadays and of course if you want a full family ya gotta have more kids :)
I am not rich... but my life has been... I could not live w this shadow he has constantly.... he is not wrong... but if not passion lived and tried, life is not worth living. thank you. I am happy in my trailer, my little dog, good neighbors, healthy food, and a craft.
Time goes by so fast do whatever you can today feels like yesterday I was 20 I'm almost 40 and since the lockdowns stole what feels like 5 years time has just been on 10x.
Inlove Codie's episodes - I have been following her videos for years. PS Codie, stop doing shit to your face! You absolutely don't need more than what you already have!
My First "Job" (Post Highschool) was as a Masonry Worker, great Pay, Good Physical Work, (no Gym Membership Required), and often took ust to very interesting places! 👍👌
O MY GOODNESS! I can’t even finish this video listening with my AirPods cause of this guy pounds the stupid table one more time!! It keeps booming in my EARS!
Not everyone has entrepreneurial acumen. This alone does not make you successful. You need to understand accounting and the numbers. Financial intelligence. You need to be able to sell or employ someone to sell. You need a super sales person. You need exceptional time management. And be prepared to work long hours in the beginning. And until you can employ top people to do the work.
Too many people blame someone else and say "must be easy for you to say, you're rich" when people are literally telling them how to get there and what they did to get there. You aren't poor because someone else is rich, they're rich because they built themselves up gradually and invested and took risks. Poor is the default position. They give the roadmap and advice; take it or leave it; but if you don't buy a business or start one, and invest, and someone else does, that's reflects negatively on you, not on them for being successful.
I always enjoy your videos Codie they are powerful and super informative.In addition, they’re very motivating -thank you ..the only issue I have is after each video I’m always left with?? …who are you talking too? Now not everyone is in their 20s n fresh outta university and finding their way into starting a small business..cause the reality is …that’s a very small niche percentage of most people …how can the average person who btw didn’t go to university and get a PHD with limited capital n works a regular menial type job that’s not in their 20s and say in their 40s-50s-60s and lack the skills to acquire a business..how do they obtain these skills? I know join your class ..but what is actually practical !! Anyway, just some thoughts!!
14:05 “what was ur first job?” Look at these two, finance tools: basically what this demonstrates is that for 99% of us this is unobtainable. As the regulatory environment around us is solidifying.
Wow this is such an incredible eye opening podcast CODIE wow you have such a rare talent with conducting interviews…. I’m so so shocked wow I don’t think I’ve ever looked up to anyone more 😭 you are so amazing!!!!! I’ wanted to ask, Do you offer mentoring 1-1 maybe once a month ?! I definitely need your help!!!!!!! Business and Financial mentorship. ❤🎉😁
The fact that nobody talks about the book Matrix Golden Cashflow Tactics, speaks volumes why people dont earn a lot of money..
One of the most brillian investing advice i have ever gotten on youtube came from watching an interview with Julianne Iwersen Niemann. Indeed, A solid investment strategy is like a well-planted tree-it can withstand storms and still grow strong!
That's great advice! Julianne Iwersen Niemann's perspective on investments as a long-term growth strategy, much like a well-planted tree, is a solid analogy. A good investment strategy should be resilient enough to endure market fluctuations while still growing over time. It's essential to have a strong plan that balances risk and reward, much like cultivating a tree that thrives even in tough conditions. Working with a seasoned expert like Julianne can help ensure your financial decisions lead to sustainable growth.
I’ve heard of her
How can i reach her, if you don't mind me asking?
her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get||
The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today..
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
Her name is “Rebecca Nassar Dunne’” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
I understand how you feel. It's a little bit difficult to navigate things these days. You don't wanna lose whatever is left. I may suggest that you find a financial advisor who could give you thorough advice on how to go if you want to go the investment route. Also, the fact your business failed doesn't mean you should give up.
That's right. I have tried many failed businesses and it's just a step further. Don't despair. But to add, if you do decide to use a financial advisor, it's best you use someone who understands your special needs and can work with you. I learnt this from experience before finally finding one I can stick with.
@@PhilipDunk Who is this person guiding you and how can i reach he/she?
'Sophie Lynn Carrabus is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
As smart investors who understand the true value of the underlying business, we never let the current market price guide us into the quality and success of our investments... we allow the market to serve us.....we take advantage of the emotions and stupidity of others to add great companies on the cheap.
If the dollar collapses don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. best advice get outta debt. make regular investments be debt free and financially stable
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
Sharon Ann Meny, is respected in her field. I suggest delving deeper into her credentials, as she possesses experience and serves as a valuable asset.
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
Spot on advice. Great job! And yeah, I think we investors overestimate how hard it is to stay in the market when things aren't looking too good. Whenever I'm tempted to either cut losses or capture profits, I remind myself of Fidelity's study of their best performing portfolios; the best performers were either dead or forgot they had an account. So now with directives from my asset manager, I pick assets that can perform similarly in both short and long term. My portfolio has been foolproof so far.
Who’s the person guiding you?
Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I just checked her out and I have sent her an email. I hope she gets back to me soon.
It’s funny, because everyone has their own theory-stocks, real estate, starting a business-but this one was about the fundamentals. It’s all about smart planning and avoiding common pitfalls
You know, that actually makes sense. A lot of people jump into investments without really understanding them, just because they hear about someone else getting rich that way. But without a good strategy, you can lose just as easily.
Exactly. I’ve seen so many folks, especially in retirement, struggle because they jumped into something risky or put all their money in one place, hoping for a big return. I was lucky enough to have some guidance early on. One thing that helped me was having a plan with a clear goal in mind instead of taking random risks
It’s true. And if you look at people who are wealthy, they didn’t get there by chance. They had smart advice along the way. That’s why people like Eric Paul Elmer are so sought after-he’s helped everyone from celebrities to regular folks manage their money to avoid those big mistakes
Eric Paul Elmer, huh? I’ve heard his name before. Isn’t he the advisor who works with both high-profile clients and everyday people? Sounds like he has a knack for guiding people, no matter where they’re starting from
Yeah, that’s him! He’s worked with people who have massive wealth, but he also knows the challenges everyday people face. I read he’s big on helping clients avoid common traps, like overspending on trendy investments or relying too heavily on credit
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
Do you mind sharing info on the adviser who
assisted you? I'm 39 now and would love to
grow my portfolio and plan my retirement
She's OLIVIA SULLIVAN FINANCIALS
she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes.
😊
I'm definitely gonna check her out. Do yo have any idea if she manages family fund?
Scott’s honesty and no BS fluff is so refreshing. Thank you for not wasting my time.
Progress is progress, regardless if it is slow or consistent. Either ways one still goes up, credits to Lunvo
Lunvo has quite been very helpful in the system. I recommend him anyday
There is no need to rush life, in the end what will be will be. Just be hardworking, steadfast and always seek for guidance
How can I communicate with him for advice
Search his full name
Jason Lunvo Rodrguez
Investments are the roots of financial security; the deeper they grow, the stronger your future will be."
The deeper your investment roots, the stronger your financial security will be in the future.
Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.
I would love an introduction to an adviser who can help me strengthen my financial roots.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
I just have to write this down here so this phrase would stay learnt..."passion comes from artistry, mastery and economic security." Great!
What I'm very impressed by in this interview is that... He's not shy to say he's an atheist but he talks about going to church? And he has "forgiven" himself... He has faith
With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 8 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?
I'd say a little due diligence on “Shellane Maxwell” truly exceptional..
I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Can't share much here, SHE’S MOSTLY ON TELEGRAMS WITH HER NAME.
Love what your are doing for us Codie!💯
In this world, the general public adheres to the conventional wisdom that a good business and job is the key to becoming rich, while a select group of billionaires has access to and operates by a different set of rules or strategies that are not widely understood or accessible.
Job will pay your bills, business make you rich but investment build and keep wealth long term, the future is coming.
Stocks and Forex - an enlightened form of Investment,n the place where millionaires and future billionaires would come for motivation. You are seriously missing out if you have never been in one.
Most importantly If you know how to trade you can make a ton of money no matter where you find yourself
I liked the benefits of the investment process because I am very clear about the organization in which I am investing. That's because the examiner's notes keep me informed. In fact, I enjoy the process more than the result. Thank you very much Mr Lee Davis
Getting a van for our business was a priority, we needed it to help with logistics. A friend from the neighborhood took me in. Today we have two vans and business has only improved. Thank you Mr Lee Davis .
I have reached my first 100 thousand (I have it in
USDT for the moment) I hope to be able to collect something more and start investing in ETFs and my medium-term goal is to buy a vending machine and start with it without withdrawing everything invested.
Greetings
Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?
Most people today have been having a lot of failures in investing because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I think I'm blessed if not I wouldn't have met someone who is as spectacular as Patricia Strain
Talking to an expert like Patricia Strain to reshape your portfolio is a very smart move
Patricia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery
Great podcast, I’m the jack of all trades but master of none. Never saved in my 20’s-50’s, now playing catch up at 61. Thanks Cody for all your excellent advice
The full quote is "a jack of all trades is a master of none, but is still far better than a master of one"
Did not know full quote. Thank you!
This is one of the most helpful videos I've watched so far. I'm 64 living in Malaysia and still fully employed. Right now am trying to start another couple of income streams and complement my wife's businesses. The latter's are still small but I'm very sure they will be bigger when we continue to improve things. Anyway, the thing I like most about Scott Galloway's episode here is his frankness - no hype but just the hard facts.
Good for you! I'm 46 and need to start building additional income streams. Can I ask, what are you doing specifically?
Mr. Mat, are you interested in a business partner at the moment?? I live in the US but I believe I would do better in other foreign countries.
I’m about to be 50. And I’m just starting. Lots of adversity to overcome till now. What kind of training should I get? School? Start a business? Go to work for someone? Should I blog this process? Is there gold in that? I’m really overwhelmed. But I’m tired of being in this spot.
A creator called Dan Koe has lots of great free videos on this
I'd say start a business. Just do your due diligence and take care of all the risk factors. Get a job while at it. Good luck.
Learn how to trade the markets. I would suggest trading options
@ ….thank you. I appreciate you. I’m actually in that process. So much to learn.
If you have an idea of value to a enough size market, you have a business.
The more I consume of you and various others, I find myself depositing almost all my checks into various accounts from certain savings goals, stocks, investments etc.
I’m addicted to it.
Yes to this mentality. Sometimes you might go looking for your career... but a lot of times it will find you. Be open to it when it comes
The importance of diversifying your investments and always putting your money to work is one thing I've learned from millionaires. This year, I expect to make a return on the about $100K that I plan to invest in equities.
Indeed, you are correct. Investing in a variety of asset types, such as bonds, real estate, and foreign equities, can help spread out your money and lessen the impact of a market catastrophe. This is, in my opinion, the greatest strategy.
That is logical. I have a six-figure diversified stock portfolio and have been using a financial market specialist for the past two years. However, this year I want to diversify even more.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
Actually it’s a Lady. Yes my go to person is a ‘Diana Casteel Lynch’ So easy and compassionate Lady. You should take a look at her work.
Found her webpage, I wrote her an email and scheduled a call. Hopefully she responds. Thank you.
book Money Ancient Magic changed everything for me
same here one of the best book i ever read!
People always say diversification, but a lot of people made there water focusing down in 1 area until they mastered it and then once they made the wealth they diversified so not one thing can wipe you all out
I get over failures by learning from what went wrong and taking responsibility, get back up do everything with good intentions in order to have a clean conscious and thank God's for the opportunity and move forward.
Getting comfortable with failure is by far the most important skill. Once you’ve lived that shame and survived you’re bullet proof.
Love his honesty and not forgetting him to share that as is. ❤
Hidden Laws Of The Game read that book (thank me later!)
This guy has a lot of ideas I agree with. He is very realistic. But I would still try chasing my dreams and passion as long as I am alive. Thanks for this video.
Good collab. I'm looking to start a business soon, only limitation is that I work a 9-5. Is there any not so big but lucrative business you can combine with a 9-5 job? My job doesn't pay badly and I don't want to quit but I need the extra income too.
you need time to run any business, especially when starting out
I was in a similar dilemma two years back. A business may not be the right way to go about getting that extra money except you won't do the running of the business yourself. You should probably consider investing in stocks, ETF's or even Real estate if you have the money. You don't necessarily need a lot of time for this and it is equally rewarding. You can even use the service of a financial expert and this way, you literally do nothing and it's much safer. I now make roughly 12k monthly this way and I plan to still own a business but much later when I'm ready to retire. Goodluck
@dannywalters958 Nice... This makes a lot of sense... I've been considering going into this stock thing for sometime now... Heard its a nice way to make some extra funds... How do you get a good expert and how expensive are they...
Nice... This makes a lot of sense... I've been considering going into this stock thing for sometime now... Heard its a nice way to make some extra funds... How do you get a good expert and how expensive are they...
@@wonderfully_madeJake You should begin by looking out for those with strong records. Also make sure the person is registered. Personally, I use Marie, Kelly Matwick. She's not so popular but you might have heard of her. And from my experience, they're usually way cheaper than you would expect
Scott is absolutely amazing. I always love the way he explains things.... and such great perspective.
"Best part about the marines is that you DID it." You got experience you wouldn't have otherwise and your so happy your not doing it now because it sucks. That is how I feel about my army service as a GWOT era veteran. The training helped give me confidence in myself I never had before. It reinforced that I can run my own show and I don't need others to manage me. I'm so glad i left service and have moved on in life because military service sucks.
I can launch my business with a few clicks of a mouse. One year ago I had zero skills in my industry. I have over 40 products that reliably sell, and are in demand. I am extremely good product development. Its a talent i didnt even know I had. Finding what youre good at is a challenge fkr most people.
Really great video and advice I think could help a lot of young entrepreneurs and professionals.
I personally think 25 minutes with such greatness is total injustice, the interview ended at the beginning!!!
He hit it on the head! You can fail many times, but you only have to get it right once.
This is the most deep uplifting interview to a real man I have seen in a long time!! You rock Codie!!! Thanks
This guy did things the correct way, according to the SBA 1 in 10 business fail within the first 5 years, the solution to overcome that statistic is to start 10 different businesses, so at least 1 of the 10 will make it. Never give up!
We need more of these real Legit stories ❤🎉
His wisdom on the meaning of life is amazing
The biggest reason to not start a business is we don’t want to be broke. This is romanticized by entrepreneurs but I would really enjoy a video addressing it.
Codie... you look so good with less makeup. Seriously. You a gorgeous natural beauty.
Please SIMP harder. Buy 100 copies of her book and give them out as Christmas presents.
Successful entrepreneurs keep saying 'focus on your failures". As soon as i fail, i disappeared. I don't want another failure. So here i am with no more failure because i refused to do anything that could knock me off again and risking my little savings. But as soon as i can find an opportunity that does not require much money to start with, i might try. But this tine i better use my brain properly. In the past i did it by feeling and ended in failures
Your email please 🙏
This video dives into practical advice on achieving financial freedom and building a successful career. It challenges the idea of blindly following your passion, suggesting instead that you focus on becoming great at something you're good at, even if it’s in an unglamorous industry. The speaker outlines a formula for financial success: focus, saving early, leveraging time and compounding, and diversifying your investments to reduce risk.
Key lessons include the importance of building discipline, starting small with savings, and using early career opportunities (even unexciting ones) to learn critical skills. For young people, developing structure through fitness, work, and social activities is emphasized as a way to build confidence and purpose. The video also highlights the value of resilience, learning from failure, and understanding that financial success takes time and consistent effort. It’s a reminder that anyone can build a fulfilling and financially stable life with the right mindset and habits.
I don't agree with Scott when it comes to some political stuff, but he is so on the money when it comes to personal and business finance advice, it's rare to come across someone so honest and with advice for people that aren't workaholic superstars.
Thank you for this interview. I’m a big fan of Scott Galloway. Wish he would run for office.
Great podcast. I have followed Scott for almost a decade, and would never have thought I would see the two of you in a room together. While I disagree with him on a number of things, I think he is a good barometer because of the “no BS” articulation of his perspective.
Indeed, he says the quiet part out loud and makes it difficult to discount what he says purely on the surface. Definitely one of the better episodes.
OMG I loved the part, he probably didn't grow up dreaming about making it sound proof and renting it out to podcasters. That's how I feel like when running my business but for a different niche.
Diversification is your Kevlar 💥
Prof G very transparent and that's greatly appreciated.
Diversification doesn’t work in a financial crisis because everything goes down in a financial crisis. That’s what’s called systematic risk which by definition can’t be diversified. Diversification helps with a company specific or industry specific risk only.
Copywriting (marketing in a broader sense) is what I think i might excel at. I can't get my ideas across verbally. But when I jot them down, it's a whole new level of creativity, grammatical perfection and persuasive power. Fun fact: I convinced a total stranger I never met physically that I'm drowning in the ocean of her love in just about a month or so. And that is only through text. No kidding!!!
My two cents are people don't like to learn on others people mistakes. And especially young men in my country have the mentality "I know better - give me the money, not advice".
Guardrails for sure. I met my partner at 23 and was inbetween jobs. Now I'm in my 30s running several businesses all because I thought when I met her 'shit I've got to get a job otherwise she's not going to want to be with someone like me for long'
Seriously can not wait for Codie’s new book. Gonna go check out Scott’s on audible now 😁. Thanks for that
Rejection as a superpower? That's some next-level mindset! Who else has failed, dusted off, and tried again? 🙋♂🙋♀
I'm a bit confused, and definitely in a rut. But in regards to this video, Scott starts by saying find things you're good at that are in unsexy sectors/industries and uses the podcast space he is in as an example. That the person who is renting out the space is making money on rent etc. But what is that person good at in that example? What is the skill that he's good at? Recognizing that opportunity? Is that it?
The example of the granite guy is also interesting too. Did that person "find" what he was good at or was he simply entrenched in a particular niche industry? And over time did he naturally become good AND successful?
And how is someone, especially later in life, supposed to find something that they're good at it, in an unsexy industry/niche? I am 46 with two kids and have spent most of my adult life running a QSR brand that didn't ultimately end up doing all that well. I believe in myself and my abilities, but the only thing that I KNOW I am good at is connecting with people. I can talk to anyone and build a connection. It's my superpower. But how to leverage that at this point in my life into a business is beyond me.
@CodleSanchezCT-yutb Expecting me to what? I'm confused.
1. Workout
2. Go meet be social an hour a day - definitely make a new friend, romantic partner ? I actually do this decided to take the train for fun instead of driving to school twice a week it has changed my life. I love the people I meet everywhere in business class and sometimes coach!
3. Man needs to be provider protector and pro-creator you need the train. I would like to hear more on this topic 100% 💯 the last one is so so so important if you don’t have someone who wants what you want especially something like having kids you are gonna end up divorced
I think woman role there for should also be protect the children relationship provide in ways she sees fit typically that’s like hiring a cleaning lady or nanny if she works as that’s the norm nowadays and of course if you want a full family ya gotta have more kids :)
What an outstanding talk. Well done Codie!
Real talk!!!! Love it !!! ♡♡♡♡
I am not rich... but my life has been... I could not live w this shadow he has constantly.... he is not wrong... but if not passion lived and tried, life is not worth living. thank you. I am happy in my trailer, my little dog, good neighbors, healthy food, and a craft.
Time goes by so fast do whatever you can today feels like yesterday I was 20 I'm almost 40 and since the lockdowns stole what feels like 5 years time has just been on 10x.
I listen to the whole POD. Killer
She is great at what she is doing!
Really love that these two collabed!
GREAT DAMN CONVERSATION RIGHT HERE!!!!👏🏾👏🏾👏🏾
Great interview Codie!
His mindset on failure was a real inspiration…
Inlove Codie's episodes - I have been following her videos for years.
PS Codie, stop doing shit to your face! You absolutely don't need more than what you already have!
Thank y'all. This was 🔥.
My First "Job" (Post Highschool) was as a Masonry Worker, great Pay, Good Physical Work, (no Gym Membership Required), and often took ust to very interesting places! 👍👌
It was a great interview, thanks Codie
This was fantastic information. I'm passing to my young men... hopefully they will pay attention.
O MY GOODNESS! I can’t even finish this video listening with my AirPods cause of this guy pounds the stupid table one more time!! It keeps booming in my EARS!
Amazing video! Thanks for sharing 👍
Don't get why most hate Scott. He's hilarious in this blase way and more importantly the only honest public figure.
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
Not everyone has entrepreneurial acumen. This alone does not make you successful. You need to understand accounting and the numbers. Financial intelligence. You need to be able to sell or employ someone to sell. You need a super sales person. You need exceptional time management. And be prepared to work long hours in the beginning. And until you can employ top people to do the work.
WHAT!? Codie Sanchez AND Scott Galloway!? Unreal!!!!
Too many people blame someone else and say "must be easy for you to say, you're rich" when people are literally telling them how to get there and what they did to get there. You aren't poor because someone else is rich, they're rich because they built themselves up gradually and invested and took risks. Poor is the default position. They give the roadmap and advice; take it or leave it; but if you don't buy a business or start one, and invest, and someone else does, that's reflects negatively on you, not on them for being successful.
I hope you have him back again soon
❤🎉😁
Super smart guy. I bought his book. Incredible.
I just realised Scott never shuts up and doesn't allow for further questions. I can't unsee this now
Cody Sanchez has great content!!
I always enjoy your videos Codie they are powerful and super informative.In addition, they’re very motivating -thank you ..the only issue I have is after each video I’m always left with?? …who are you talking too? Now not everyone is in their 20s n fresh outta university and finding their way into starting a small business..cause the reality is …that’s a very small niche percentage of most people …how can the average person who btw didn’t go to university and get a PHD with limited capital n works a regular menial type job that’s not in their 20s and say in their 40s-50s-60s and lack the skills to acquire a business..how do they obtain these skills? I know join your class ..but what is actually practical !! Anyway, just some thoughts!!
Another awesome video! Love your good deeds Codie.
Wow love this guy, very refreshing. Thanks Codie!
Great video! Big fan of Scott G and what he preaches.
This was golden
Heb 9:27 - And as it is appointed unto men once to die, but after this the judgment:
Codie, what do you think of buying a print & promotional marketing business?
TY Codie 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Great conversation! I wish I had watched this 15 years ago.
Halfway through this I’m waiting for the “How to start a successful business” part of this.
They dont really say anything. Just basic stuff common sense stuff.
I didn’t hear anything (Backed by Data) either. Guessing this was a short video meant to entice you to listen to the full podcast.
14:05 “what was ur first job?” Look at these two, finance tools: basically what this demonstrates is that for 99% of us this is unobtainable. As the regulatory environment around us is solidifying.
Wow this is such an incredible eye opening podcast CODIE wow you have such a rare talent with conducting interviews…. I’m so so shocked wow I don’t think I’ve ever looked up to anyone more 😭 you are so amazing!!!!!
I’ wanted to ask, Do you offer mentoring 1-1 maybe once a month ?! I definitely need your help!!!!!!! Business and Financial mentorship.
❤🎉😁
"I get a lot of strength from my atheism"--well that was a level of absurdity I wasn't expecting.
Scott is a legend.
Wow. A great interview. Nice job, Cody.