On Purpose with Jay Shetty

On Purpose with Jay Shetty

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I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace.

I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Categories: Health

Listen to the last episode:

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:

 

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Previous episodes

  • 613 - Codie Sanchez: How to Make Money if You Don’t Have Money (4 Step Process to Make Money Today) 
    Mon, 02 Dec 2024
  • 612 - 3 Tools To Build Self Confidence in a World where People Make You Feel Insecure 
    Fri, 29 Nov 2024
  • 611 - Jordan Peterson: 5 Ways to Shift Envy into Growth & How to Recognize and Pursue Your True Calling 
    Mon, 25 Nov 2024
  • 610 - 4 Types of Toxic People in Your Life & 4 Tools to Stop Letting Them Drain You 
    Fri, 22 Nov 2024
  • 609 - Lori Gottlieb: 7 Answers to Dating Questions You’re Afraid to Ask & How to Break Free from Relationship Timelines 
    Mon, 18 Nov 2024
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