Codie Sanchez: How to Make Money if You Don’t Have Money (4 Step Process to Make Money Today)

What’s the first step to making money with no savings?

How do you choose which opportunities to start with?

Today, Jay sits down with Codie Sanchez, author of “Main Street Millionaire”. Codie is a powerhouse entrepreneur, investor, and the mind behind Contrarian Thinking, a platform dedicated to empowering people to build real wealth through unconventional investments and small business ownership. Codie’s journey is anything but typical: she went from a middle-class background to finance jobs at Goldman Sachs and Vanguard, then pivoted into journalism, and finally found her calling by building wealth through owning small businesses.

Codie breaks down the idea that you don’t need groundbreaking ideas or tons of cash to get started, just a willingness to look beyond the obvious. From laundromats to vending machines, she explains how these “boring” businesses can actually be gold mines, offering steady and substantial returns that often get overlooked in today’s flashy, social media-driven vision of success.

Together, Jay and Codie dive into practical steps for starting your journey in business ownership. They discuss the essentials, how to make deals, manage risk, and recognize the right opportunities. Along the way, they debunk the myth that you need to be rich or have a finance degree to succeed. Instead, they focus on the importance of learning the language of money, cultivating grit, and keeping a curious mindset.

In this interview, you'll learn:

How to Take Control of Your Financial Future

How to Start Building Wealth Without a Big Idea

How to Identify Profitable Small Businesses

How to Build a Strong Relationship with Money

How to Turn Curiosity into Cash

How to Leverage Ownership for Financial Freedom

How to Find Under-the-Radar Investment Opportunities

You have the ability to create meaningful change, not only for yourself but for those around you, by building something that truly matters. Keep moving forward, and believe that financial freedom is within your reach.

With Love and Gratitude,

Jay Shetty

What We Discuss:

00:00 Intro

01:57 What Makes Rich People Rich?

04:40 The Reason Why People Don’t Talk About Money

06:30 Where Are We At Financially?

09:50 Misconceptions About What Makes Money

13:00 4-Step Process to Consistently Make Money

14:47 Academic Skills Don’t Translate to a Stable Career

17:44 Do You Need Money to Make Money?

23:06 The Key to Wealth is Taking Risks

26:48 We Can All Get Rich Together

32:52 Focus on the Foundation, not Tactics

35:28 You’ll Make Less Money if You Think You Will

36:57 Learn To Ask the Right Questions

43:57 The Best Mentorship Advice

49:06 You Can Make Money From Anything

52:33 The Richest People Started Small

54:19 What Core Business Skills You Should Invest In

01:00:16 Recognize Your Value to Get Better Deals

01:10:21 Every Business has a Value

01:13:49 Are You Bad at Math

01:17:47 Codie on Final Five

Episode Resources:

Codie Sanchez | Website

Codie Sanchez | YouTube

Codie Sanchez | Instagram

Codie Sanchez | Facebook

Codie Sanchez | TikTok

Codie Sanchez | LinkedIn

Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses

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