015: The Contrarian Investor Mindset with Codie Sanchez

In this episode, I’m speaking with Codie Sanchez. Codie is Managing Director and Partner at Entourage Effect Capital, a private equity firm focused on the legal cannabis industry. Since 2014, EEC has deployed $100+ million into over 65 companies. Before that, she built out Vanguard’s ETF business and led global teams at Goldman Sachs, SSGA, and First Trust.  Codie is also the author of the Contrarian Thinking Newsletter, where she hits on how to make diversified income through side hustles, investing, and startup building. She’s appeared on CNBC, Fox, and CNN, written for Forbes, Entrepreneur, and Fortune, and spoken to tens of thousands of people. She believes that understanding money leads to power, and that capitalism, commerce, and cannabis are incredible forces for societal, monetary, and regulatory change. Today, Codie joins the podcast to share why she walked away from conflict journalism to focus on finance, the powerful ripple effects of her work, and how she uses money to advocate for the people she cares about most. Key TakeawaysHow a deep understanding of finance can make someone a better activist.How working for powerhouse Wall Street institutions helped Codie create her alternative investing philosophy.Why contrarian investing isn’t about beating algorithms and hedge fund managers.The signs that an emerging or alternative market has real growth potential - and how to mitigate risks along the way.Codie’s unique strategy for structuring deals and scaling businesses.The huge mistakes Codie made early on in her career as an investor. Why everyone has a moral imperative to understand tax law and how to learn.How great talent can help you execute complex strategies, survive economic downturns, and save huge sums of money. Why everything in life is negotiable. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/15 Get the Lifestyle Investor Book! To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book Rate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button in Apple Podcasts, (or wherever you listen) so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Entrepreneur Magazine calls Justin Donald “The Warren Buffett of Lifestyle Investing.”Imagine being able to earn passive income, long-term equity, and achieve financial freedom while gaining total freedom from your business or a job. That’s what Lifestyle Investing is all about.Justin Donald has mastered the low-risk cash flow investment principles he shares with entrepreneurs around the world. His alternative investing principles center on creating passive income and significant wealth while liberating yourself from a day-to-day job so you never run out of money.His innovative mindset principles and 10 commandments of Lifestyle Investing have released scores of entrepreneurs from the “golden handcuffs” that came with running life-consuming enterprises.This show focuses on showing today’s entrepreneurs and business executives how to think and invest to limit risk, maximize repeatable returns, and achieve retirement goals through his proven passive income cash flow strategies.Justin’s principles enable you to move from an “earned income” career to support your lifestyle with passive cash flow investments including real estate, operating companies, debt, equity, and franchises that give you the absolute freedom to live the life you truly desire.Interviews with top thought leaders, such as, John Lee Dumas, Ryan Levesque, Hal Elrod, Jon Vroman, Mike Koenigs, Phillip Stutts, Rob Dial, John Ruhlin, Brad Johnson, Robert Glazer, Mike Michalowicz, Geoff Woods, Steve Sims, and many more!For more information, visit https://justindonald.com