How To Build A Business That Runs Without You - Codie Sanchez - #1145
Modern Wisdom

How To Build A Business That Runs Without You - Codie Sanchez - #1145

B2Upper-intermediateSeptember 3, 20261 hr 33 min
  • Business & money

Codie Sanchez is an entrepreneur, investor and author. How do you make your business work for you instead of constantly working for your business? Stepping back is often mistaken for putting in less effort, but what if your company could operate better with less dependence on you? How do you build a business that runs smoothly without your constant involvement, and what steps can you take to make that possible? Expect to learn the truth about getting rich, why most business owners need to step back rather than dive in more, how to get the...

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Sentence 1 of 12 · 0:27

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That it's actually about looking rich and not getting rich.

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B2

B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 33%A2 35%B1 20%B2 11%C1 2%
  • 87% of the words are B1 or easier.
  • 204 words a minute: natural, fairly fast speech.
  • 314 harder words (B2 and up) in the whole episode.

Transcript

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0:27

What's the biggest lie that people are told about getting rich? That it's actually about looking rich and not getting rich. I think especially for men these days, it's all in your face. On social medias today, you can see just about everywhere what somebody's success level is,

0:42

except if you were to pull up the balance sheet, it would be something very different. And so I think rich actually is two things. One, yes, do you have enough money, divided by 0.4, to have the life that you want? And then two, it's do you actually like the life you want?

0:59

I love Nivall's quote, which is basically the definition of success is do you have what you want out of life, the definition of happiness being the same. And I think we all kind of trauma bonded as business owners over the fact we should be miserable when we run our businesses.

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