Success is Contagious: Learning from 9-Figure Mentors

You need three types of mentors:

• Up-and-comer with hustle. Youth leads.
• Same-level player. Learn together.
• A billionaire to your millionaire...

5 hard lessons from my 9-figure mentors:

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

There is a truth:

If you want to be rich, hang out with the rich.

It turns out success is contagious.

An inside peek at the advice of my confidants:

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

1. Thinking small: Bill Perkins

I sat overlooking the lake at his $50M+ compound.

He cuts right to the chase:

"You've invested in small businesses so long, small has infected your thinking."

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

I took a deep breath. He’s right.

“You need to shed the bullshit, or you’ll never be truly big.”

Ugh. That hurts.

The biggest life hack isn’t a tactic or a tool. It’s a way of thinking.

Small thinking will kill you the fastest.

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

2. Who not how: Leila Hormozi

I was drowning & she was throwing a lifeline.

A point comes for every CEO: You want to either jump off a cliff, have a good cry, sell the biz, or fire everyone.

It’s because of one issue no one ever tells you when you start – your people.

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

But Leila is a master at people.

She said a line that freed me:

“You don’t have a business, you have a job. Until you hire right, your business owns you not the other way around.”

Damn.

You don’t have a how problem, you have a who problem. Solve that and you solve everything.

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

3. CEE Frame: Chris Petkas

Chris taught me a framework he learned as a Navy SEAL.

It's changed the way I manage my businesses.

Because it turns out... you need to teach your people how to prioritize.

So he taught me this:

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

The CEE Frame:

When people want more resources...

Always ask,

"Is this critical, essential, or enhancing?"

• Critical = We can't move until it's fixed
• Essential = We can limp along w/o it
• Enhancing = It will supercharge us

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

4. Nonconformity: Alex Duran

He manages a multi-billion $ hedge fund. He's my # 1 mentor, who doesn't even know he is.

One night I candidly asked how he made his fortune... His response surprised me:

"I train my brain to perform one task incredibly well… to never conform.”

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

He explained it like this...

The Funnel to Nonconformity:

+ Be a funnel for ideas
+ Ideas fight on merit, not emotion
+ Find courage to act in nonconformity
= Opportunities others never see, or are too scared to act upon

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

5. No one cares: Andrew Wilkinson

He had just taken his company public.

$850M CAD valuation. Oof.

So when he came to Austin, I had to sit down with this internet friend IRL and see what I could learn.

It quickly became a therapy session where I told him all my fears...

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

I asked him, “How do you get comfortable with failing publicly? What if your bets don’t work?”

His response:

“No no one ultimately cares about you. No one will remember you. You are the only person who sees you in the mirror.”

Poignant AF.

— Codie Sanchez (@Codie_Sanchez) June 24, 2023

You're never too good to have mentors.

Follow @Codie_Sanchez for more like this, and RT here if you want to share:https://t.co/zfVz7qU9n0

— Codie Sanchez (@Codie_Sanchez) June 24, 2023