After a few months when Andrew would ask his friends how their real estate was going, they would reply “I didn’t have time to do any of it, will you just do it for me?” Andrew would send them to agents, property managers, show them profit margins, and more. When he chatted up friends about real estate, they were interested too. This was at least the case for landlord and founder of Doorvest, Andrew Luong, when he talked to his friends about buying rental properties.Īndrew had a passion for real estate and knew that it was one of the best ways to make residual side-income. Many of those interested in buying profitable, cash-flowing real estate are busy with their 9-5 job or even running their own business.
It’s hard for real estate investors to get started, especially without a mentor, a background in real estate, or an existing network. How to make your audience loyal and push away those who won’t like your offering The one skill you should start building upon today How to start a “high margin, low people” business How to extract yourself from your business and empower long-term successĬontrarian thinking and why it’s a crucial skill in today’s society Laying the foundation of businesses and “building yourself out of a job” Regardless of the size of business you have, Codie presents great arguments for everyone about developing yourself, your business, and your mindset. This episode delves not only into the life of a VC, but how small businesses can keep their loyal customers, grow their audiences, and repel those who aren’t a good fit for them. If you can decide what you do, where you do it from, what you can and can’t say, and how to live your life, you have the ultimate freedom available. She argues that in today’s society, the top level of hierarchies for time freedom and ideological freedom is financial freedom. She places a very high value on having employees and workers who are competent and can help the team grow (as any smart business owner should).Ĭodie mentions the most profitable skill of today and how she’s using that specific skill to grow her newsletter, Contrarian Thinking. Codie often advises business owners to act out of confidence, not fear, and consistently hire people that are better at their jobs than them. Now, managing many millions of dollars, she has to look into which businesses are worth capital investments. She loves, as she puts it, “building herself out of a job”, which means creating businesses with huge potential, getting a team in place, and heading on to better things. Codie is a journalist, a venture capital partner, an angel investor, and an entrepreneur. For someone like Codie Sanchez, this isn’t a problem, but a superpower. Successful business owners are addicted to building businesses, sometimes to their folly.
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