Codie Sanchez
👤 PersonAppearances Over Time
Podcast Appearances
And that's what happened to me and what I mean by golden handcuffs.
They're self-imposed, but they're still there.
They're self-imposed, but they're still there.
Absolutely.
I mean, I was a young idiot, just like the rest of us.
I mean, I was a young idiot, just like the rest of us.
When I was first investing, I thought I knew everything until I lost my first dollar and then a couple dollars and then a couple more dollars.
When I was first investing, I thought I knew everything until I lost my first dollar and then a couple dollars and then a couple more dollars.
And so big corporations are soul-sucking in many ways.
And so big corporations are soul-sucking in many ways.
But one thing they do well is they usually invest a lot in their employees because they understand the numbers, which is simply that if you hire somebody and then that person doesn't work out, you typically spend...
But one thing they do well is they usually invest a lot in their employees because they understand the numbers, which is simply that if you hire somebody and then that person doesn't work out, you typically spend...
at least twice the cost of anywhere from three to six months of their salary.
at least twice the cost of anywhere from three to six months of their salary.
In some companies, it could even be a year.
In some companies, it could even be a year.
So you basically waste hundreds of thousands of dollars for every employee you hire that doesn't work out.
So you basically waste hundreds of thousands of dollars for every employee you hire that doesn't work out.
And so they do a lot to try to train the people that they have in the seats that they need them.
And so they do a lot to try to train the people that they have in the seats that they need them.