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Codie Sanchez

πŸ‘€ Speaker
8830 total appearances
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The Daily Stoic
A Stoic Masterclass for Ambitious People | Codie Sanchez

And because of that, we have really bad incentives.

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

And environmental standards are really hard to care about when you work in three month cycles.

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

Yeah.

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

And so all of that to say, when you run a small business, the great part, you can actually compete with the big guys in a lot of ways that they can't

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

And you get to see the consequences of actions.

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

Because a lot of times you can say things that sound great and are idiotic in life.

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

Like, you know, there are lots of arguments to raise the minimum wage and you could believe in that or not.

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

But when you do it inside of your business, you go, OK, so when I raised it that much, now I can't hire these other 10 people.

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

So is that good or bad?

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

I don't know.

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

But there's actually data and math associated.

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

You can't have everything all at once.

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

And so you get to start to play with the supply and demand economics.

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

The other cool part about having a business is if you have a strong opinion, go put some money and work behind it.

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

And so I think these days, like I loved the line.

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

God, I can't remember who it was from, but the line was basically like, oh, I think it's Jordan Peterson when he talks about like before you go try to change the world with charity, why don't you go try to make your first dollars?

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

Because dollars often move further than straight charity.

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

Do I agree with that in every way?

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

No, but dollars do move the world.

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

I've seen it firsthand.