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Codie Sanchez

πŸ‘€ Speaker
8830 total appearances
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Podcast Appearances

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And we started it because I didn't want to give away equity in the company.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

I didn't want a real board.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And I was scared of the downside of boards, which is that they can be not a set of alive conservative, blah, blah, blah.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

So I wanted somebody who I could listen to, but couldn't run everything for me.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Like I was the skin in the game.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Because I realize most entrepreneurs, they don't have that.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

I mean, your friends are often your competitors, so you have to be a little careful of that.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

You know, your family is sometimes a little tired of hearing from it.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Your employees are going to tell you what you want to hear, or they're going to tell you what is the least amount of work for them.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And so you need this group of peers around you sometimes.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

I really think you need three.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

You need peers, you need advisors, and then you need people that are like 10 or 20 years ahead of you.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Yeah.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And with those three things, you can just move faster because you can steal people's 10,000 hours.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Yeah.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Well, I think actually what's happened with our businesses is we become less just as humans every time we remove ourselves a little bit further from the hand on the fire.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And so in my mind, one of the biggest things that's gone bad for business when it comes to justice is public stocks, third party investors and short term incentives.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And so I think most CEOs and business owners actually want to be John Mackey.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

Because you see it on the small business spectrum.

The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

They actually have pretty good compensation market rates.