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BigDeal by Codie SanchezBigDeal by Codie Sanchez

Your Ego Is Keeping You Poor | Bill Perkins

My new book, “Own Or Be Owned”, is all about building a business so good it doesn't need you. More profit, less pain. It's out NOW. Grab it here!

Bill PerkinsguestCodie Sanchezhost
Jan 29, 202546mWatch on YouTube

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Episode Details

EPISODE INFO

Released
January 29, 2025
Duration
46m
Channel
BigDeal by Codie Sanchez
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

My new book, “Own Or Be Owned”, is all about building a business so good it doesn't need you. More profit, less pain. It's out NOW. Grab it here! https://contrarianthinking.biz/oobo_bigdeal In this episode, Codie Sanchez and Bill Perkins explore the intricate relationship between ego and wealth LIVE, emphasizing how our ego can hinder financial success. They discuss the importance of speed in decision-making and how taking risks is often more about managing ego than financial loss. They delve into team dynamics, highlighting the roles of visionaries and executors in business. Perkins shares insights on maximizing time and money, the necessity of aligning family goals with business ambitions, and the challenges of delegation and the importance of finding the right operators in business ventures. Chapters 00:00: Ego and Wealth: The Hidden Connection 02:50: The Importance of Speed in Decision Making 06:11: Risk: Ego vs. Financial Reality 09:04: Building Teams: The Role of Visionaries and Executors 11:52: Peak Utility of Time and Money 15:08: Aligning Family and Business Goals 17:54: Navigating Business Opportunities 23:57: The Depth of Personal Investment 24:57: Defining Personal Success and Fulfillment 25:56: Balancing Wealth and Life Experiences 27:46: The Importance of Shared Experiences 29:59: The Role of Wealth in Enjoying Life 31:11: Evolving Philosophies on Wealth and Fulfillment 32:10: The Power of Subtraction in Life 34:02: Finding and Managing Operators 36:10: Balancing Ego and Delegation 38:20: Taking Risks and Going Big 41:12: Memorable Investments and Experiences 44:01: Identifying Key Ingredients in People MORE FROM BIGDEAL: 🎥 Youtube: / @podcastbigdeal 📸 Instagram: / bigdeal.podcast 📽️ TikTok: / big.deal.pod MORE FROM CODIE SANCHEZ: 🎥 Youtube: / @codiesanchezct 📸 Instagram: / codiesanchez 📽️ TikTok: / realcodiesanchez OTHER THINGS WE DO: Free newsletter: https://contrarianthinking.biz/3XWLlZp Biz buying course: https://contrarianthinking.biz/3NhjGgN Resibrands: https://resibrands.com/ CT Capital: https://contrarianthinking.biz/4eRyGOk Main St Hold Co: https://contrarianthinking.biz/3YfGa8u

SPEAKERS

  • Bill Perkins

    guest

    Investor and author of “Die With Zero,” known for hedge fund/trading and risk-based wealth philosophy.

  • Codie Sanchez

    host

    Entrepreneur and investor, creator of Contrarian Thinking and host of BigDeal.

EPISODE SUMMARY

In this episode of BigDeal by Codie Sanchez, featuring Bill Perkins and Codie Sanchez, Your Ego Is Keeping You Poor | Bill Perkins explores Bill Perkins on Ego, Risk, Speed, Teams, and Spending Wealth Bill Perkins says educated, ambitious people face almost no real financial risk when starting businesses, and what stops them is the fear of looking like an idiot or being wrong.

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