The Burnouts with Phoebe & Sophia The Money Expert: 5 Businesses That Can Make You RICH (Without a 9-to-5!) ft. Codie Sanchez
Jan 15, 2026
Codie Sanchez, an investor and advocate for overlooked cash-generating sectors, reveals how wealth is often built quietly through 'boring' businesses. She discusses spotting unfair opportunities, her exit from cannabis, and which unsexy industries yield profits. Codie contrasts the value of college versus trade school and offers advice on finding your unfair advantage in your career. She emphasizes the importance of sales skills and negotiating based on value, while underlining the benefits of investing in health and resilience.
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Go Find Low-Key Wealthy Mentors
- Ignore internet fame and prioritize mentorship with quietly wealthy, older business owners.
- They have time, money, and often welcome a competent, curious young person.
From Corporate Climb To Owner
- Codie climbed the corporate finance ladder at Vanguard and Goldman Sachs before leaving at 30 to stop taking paychecks.
- Years of corporate experience built skills and capital that later enabled her acquisitions path.
Bet On People, Not Just Ideas
- A cannabis investment failed after Codie noticed a fame-focused CEO and ego-driven decisions.
- She learned to bet on the person over the idea and to prioritize human character in deals.