The Game Changing Attorney Podcast with Michael Mogill

249. Codie Sanchez — Maximizing Income: Strategies for Achieving Financial Freedom


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Can calculated decisions lead to true financial freedom, or is it all just wishful thinking? Prepare to discover how one entrepreneur turned a series of sound yet lucrative investments into a multimillion-dollar empire.


Meet Codie Sanchez, a finance maven who's on a mission to create financially free and free-thinking humans. As the Founder & CEO of Contrarian Thinking — one of the fastest-growing financial media businesses in the nation — she's helped thousands of entrepreneurs grow, buy, and sell profitable businesses.


In this episode of The Game Changing Attorney Podcast, Codie and Michael Mogill discuss:

  • The three realms of income — and how to maximize all of them
  • Why the path less traveled isn’t always the best one to take
  • How to set yourself up for success in buying or selling your law firm
  • And more!


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    Show Notes:



    03:56 – Why Codie is obsessed with people getting ownership 


    07:53 – Why you need to stop chasing unicorns 


    13:37 – How to buy your first business


    15:47 – How to determine if you’re cut out for entrepreneurship


    18:14 – Why you should pick the path MORE traveled


    20:43 – The criteria of a good investment vs. a bad one


    24:08 – How to make your law firm investable


    27:12 – The differences between cashflow and cashsuck businesses


    31:14 – Why making money and keeping money are two different things


    33:45 – How to effectively work with your spouse


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    Links & Resources

    • Contrarian Thinking
    • Contrarian Community
    • Forbes
    • Episode 151 of The Game Changing Attorney Podcast with Bill Perkins
    • The FIRE Movement
    • The FatFIRE Movement
    • Maslow’s Hierarchy of Needs
    • Henry David Thoreau
    • The 7 Horsemen of the Great Sell-Off
    • Warren Buffett
    • How To Build A Business That Will Sell For Millions (12-Month Plan)
    • Cashflow Businesses vs. Cashsuck Businesses
    • Exxon
    • Morgan Housel
    • The Psychology of Money (Book)
    • Contrarian Thinking’s Small Biz Buyer Insights Report 2024 


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      Past guests on The Game Changing Attorney Podcast include: David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O’Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more.


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      If you enjoyed this episode, you may also like:

      • #151 Bill Perkins — Die With Zero: Getting All You Can From Your Money and Your Life
      • #223 Chad Willardson — Achieving Financial Freedom: Strategies for Building Abundant Wealth
      • #201 AMMA — Take the Stairs: The REAL Path to Growth

      • ...more
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        The Game Changing Attorney Podcast with Michael MogillBy Michael Mogill

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