The Money Expert: They're Lying to You—Academic Skills Don't Translate to a Stable Career...
Lessons on ownership, deal-making, endurance, asking better questions, partnerships, and building wealth from a small start.
- Podcast Name
- Jay Shetty Podcast
- Guests
- Codie Sanchez
The wealthy negotiate everything, the poor take the price, and the rich set the price.
Focus on the Foundation, not Tactics
The foundation is whether you believe that you have ownership and responsibility for the things you spend more time doing than anything else, except sleeping, which is working.
Learn to Ask the Right Questions
Cash loves curiosity. Money is really attractive to the type of human that keeps asking questions. You don’t have to know the answers often to make money, you need to ask the right questions.
The Richest People Started Small
Q: What skills and talents do people need to be able to run those businesses? Three key skills you need to learn to grow a business. 1. Learn how to do deal-making and how to speak the language of money. 2. A mixture of grid and endurance. (not tactics)<br>How hard are you willing to work and what are you willing to sacrifice for the things you want and for how long are you willing to do that? 3. The real pros know you don’t ask how you ask **WHO. → Connections<br>**Who can help you achieve what you want?<br>How could you buy the solution to your problem?
Recognize Your Value to Get Better Deals
Russian proverb: Trust everybody but verify they are actually on your best terms. When you start out, you can never be excellent at multiple things at once. Eventually, you can have excellence in multiple things because you can attract top talent. But in the beginning, you’re either ALL IN, or you are a barely concealed series of distractions. A partnership makes sure they’re all in and their why of partnering is super big otherwise they should go find their why and it’s not you.