Skip to content

By playing, you agree to uListen's Terms and Privacy Policy and YouTube's Terms of Service.

Lewis HowesLewis Howes

They're About To Reset the Rules of Wealth — Your Last Chance To Get Ahead Is Now | Codie Sanchez

🔔 Subscribe for more great content: https://www.youtube.com/lewishowes ▶️ Recommended for you: https://youtu.be/cKwykBHgNio What if the grind you think makes you successful is the very thing keeping you broke and exhausted? Codie Sanchez, a former Goldman Sachs employee who has run 1,621 businesses through her company’s systems, sat down with Lewis to talk about money, freedom, and why most entrepreneurs across the US earn less than California’s $78,000 minimum wage. Her book Own or Be Owned is built on one uncomfortable question: do you own a business, or does it own you? She tells the story of walking into a bank for a loan and finding the account she thought held a million dollars almost empty. That night she sat in the dark and called her dad, who told her you are not really in the game until you have had a night like that. She never ran a business without systems again. The fixes she shares are simpler than you expect. Most businesses are underpriced by 30 to 300 percent, fewer than a third have recurring revenue, and hard work has almost nothing to do with how much money you make. She also explains why more than 80 percent of kids want nothing to do with their parents’ business. You will finish this one ready to raise your prices and build a life where work fits around the people you love. Own or Be Owned: Build a Business So Good It Doesn't Need You https://amzn.to/4gMh7Sb Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses https://amzn.to/4xEEGno Codie's Instagram https://www.instagram.com/codiesanchez/ Codie's YouTube @CodieSanchezCT Big Deal Podcast @PodcastBigDeal Codie's Website https://contrarianthinking.com/ Listen to this episode on the go! 🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-school-of-greatness/id596047499 🟢 Spotify: https://open.spotify.com/show/07GQhOZboEZOE1ysnFLipT?si=a03d916bade54d4f For more info about this episode, go to https://lewishowes.com/1983 💰 get my NEW YORK TIMES BESTSELLING book "Make Money Easy" today!https://lewishowes.com/moneyyou 📙 get my NEW YORK TIMES BESTSELLING book "The Greatness Mindset" today! https://lewishowes.com/gmyo 📤 sign up for my FREE newsletter https://lewishowes.com/greatnessdelivered Follow Lewis! Instagram: https://www.instagram.com/lewishowes/ Tiktok: https://www.tiktok.com/@lewis Facebook: https://www.facebook.com/lewishowes/ Twitter: https://twitter.com/LewisHowes 💻 Website: http://lewishowes.com/ 📲 For more Greatness text PODCAST to +1 (614) 350-3960 Get More Greatness! Greatness Clips: https://www.youtube.com/@GreatnessClips Spanish: https://www.youtube.com/@LewisHowesEspañol Portuguese: https://www.youtube.com/@LewisHowesPortugues Lewis Howes Shorts: https://www.youtube.com/@lewishowesshorts 00:00 The Grind Myth 04:18 Why Entrepreneurs Go Broke 07:12 Rethinking Time & Money 14:07 Builders vs. Takers 17:34 3 Millionaire Mindshifts 25:40 The New American Dream 29:00 The Billionaire Playbook 33:28 3 Steps to More Profit 40:03 The Owner Mindset 45:11 Hitting Rock Bottom 50:15 Asset vs. Expensive Job 52:02 Finding Hidden Money 56:45 Business Builder Archetypes 01:04:20 Buy Boring Businesses 01:09:03 Codie's True Legacy Put ChatGPT to work on your most ambitious ideas and projects. WaldenU.edu #greatness #inspiration #motivation

Codie SanchezguestLewis Howeshost
Sep 21, 20261h 13mWatch on YouTube ↗

Summaries, chapters, transcripts, and FAQs on this page are made by uListen, not YouTube.

Episode Details

EPISODE INFO

Released
September 21, 2026
Duration
1h 13m
Channel
Lewis Howes
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

🔔 Subscribe for more great content: https://www.youtube.com/lewishowes

• Recommended for you: https://youtu.be/cKwykBHgNio What if the grind you think makes you successful is the very thing keeping you broke and exhausted? Codie Sanchez, a former Goldman Sachs employee who has run 1,621 businesses through her company’s systems, sat down with Lewis to talk about money, freedom, and why most entrepreneurs across the US earn less than California’s $78,000 minimum wage. Her book Own or Be Owned is built on one uncomfortable question: do you own a business, or does it own you? She tells the story of walking into a bank for a loan and finding the account she thought held a million dollars almost empty. That night she sat in the dark and called her dad, who told her you are not really in the game until you have had a night like that. She never ran a business without systems again. The fixes she shares are simpler than you expect. Most businesses are underpriced by 30 to 300 percent, fewer than a third have recurring revenue, and hard work has almost nothing to do with how much money you make. She also explains why more than 80 percent of kids want nothing to do with their parents’ business. You will finish this one ready to raise your prices and build a life where work fits around the people you love. Own or Be Owned: Build a Business So Good It Doesn't Need You https://amzn.to/4gMh7Sb Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses https://amzn.to/4xEEGno Codie's Instagram https://www.instagram.com/codiesanchez/ Codie's YouTube @CodieSanchezCT Big Deal Podcast @PodcastBigDeal Codie's Website https://contrarianthinking.com/ Listen to this episode on the go! 🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-school-of-greatness/id596047499 🟢 Spotify: https://open.spotify.com/show/07GQhOZboEZOE1ysnFLipT?si=a03d916bade54d4f For more info about this episode, go to https://lewishowes.com/1983 💰 get my NEW YORK TIMES BESTSELLING book "Make Money Easy" today!https://lewishowes.com/moneyyou 📙 get my NEW YORK TIMES BESTSELLING book "The Greatness Mindset" today! https://lewishowes.com/gmyo 📤 sign up for my FREE newsletter https://lewishowes.com/greatnessdelivered Follow Lewis! Instagram: https://www.instagram.com/lewishowes/ Tiktok: https://www.tiktok.com/@lewis Facebook: https://www.facebook.com/lewishowes/ Twitter: https://twitter.com/LewisHowes 💻 Website: http://lewishowes.com/ 📲 For more Greatness text PODCAST to +1 (614) 350-3960 Get More Greatness! Greatness Clips: https://www.youtube.com/@GreatnessClips Spanish: https://www.youtube.com/@LewisHowesEspañol Portuguese: https://www.youtube.com/@LewisHowesPortugues Lewis Howes Shorts: https://www.youtube.com/@lewishowesshorts 00:00 The Grind Myth 04:18 Why Entrepreneurs Go Broke 07:12 Rethinking Time & Money 14:07 Builders vs. Takers 17:34 3 Millionaire Mindshifts 25:40 The New American Dream 29:00 The Billionaire Playbook 33:28 3 Steps to More Profit 40:03 The Owner Mindset 45:11 Hitting Rock Bottom 50:15 Asset vs. Expensive Job 52:02 Finding Hidden Money 56:45 Business Builder Archetypes 01:04:20 Buy Boring Businesses 01:09:03 Codie's True Legacy Put ChatGPT to work on your most ambitious ideas and projects. WaldenU.edu #greatness #inspiration #motivation

SPEAKERS

  • Codie Sanchez

    guest

    Entrepreneur and investor known for teaching people how to buy and build profitable “boring” businesses; author of “Own or Be Owned.”

  • Lewis Howes

    host

    Podcast host and interviewer of The School of Greatness.

EPISODE SUMMARY

In this episode of Lewis Howes, featuring Codie Sanchez and Lewis Howes, They're About To Reset the Rules of Wealth — Your Last Chance To Get Ahead Is Now | Codie Sanchez explores codie Sanchez on builder mindsets, profit systems, and boring wealth Codie Sanchez argues that entrepreneurship doesn’t have to require misery, and that people should stop copying business advice from creators whose lifestyles they don’t actually want.

RELATED EPISODES

7 Signs You’re About To Get Rich

7 Signs You’re About To Get Rich

Stop Preparing & Start Doing (This Is What the 1% Actually Do)

Stop Preparing & Start Doing (This Is What the 1% Actually Do)

Stop Saying "Hope." It's Quietly Blocking Everything You Want (Here's What to Say Instead) | Jo Koy

Stop Saying "Hope." It's Quietly Blocking Everything You Want (Here's What to Say Instead) | Jo Koy

The Science of Communication: How to Connect with Anyone | Vanessa Van Edwards

The Science of Communication: How to Connect with Anyone | Vanessa Van Edwards

I Wrote This NEW Book to Change How You Live Your Life in 2027 | Robert Greene

I Wrote This NEW Book to Change How You Live Your Life in 2027 | Robert Greene

Neuroscientist REVEALS How To COMPLETELY HEAL Your Body & Mind! | Caroline Leaf & Lewis Howes

Neuroscientist REVEALS How To COMPLETELY HEAL Your Body & Mind! | Caroline Leaf & Lewis Howes

Get more out of YouTube videos.

Read along on your phone, search it beside the video, or ask your favorite AI app what was said.