Marketing Secrets with Russell Brunson - Codie Sanchez’ Strategies For Creating Business Growth

Episode Date: July 15, 2024

Codie Sanchez, a powerhouse influencer and expert in the world of business acquisition & growth for the everyday entrepreneur. Codie went from her unique background in traditional finance roles to becoming a prominent online figure who teaches people how to buy businesses like laundromats. In this episode of the Marketing Secrets podcast, we dive deep into her journey, exploring how she is dominating Instagram and YouTube with her innovative marketing strategies. We delve into the intricacies of her business model, discussing how Codie leverages her expertise to educate others on buying and managing small businesses. She shares her transition from a corporate environment to the entrepreneurial world, offering valuable insights into the mindset and tactics required to thrive in both arenas. This episode is packed with actionable advice, whether you're interested in acquiring businesses or scaling your online presence. Key Highlights: Transitioning from corporate finance to entrepreneurship: Codie’s journey and challenges. Leveraging social media: Strategies Codie used to grow her presence on Instagram and YouTube. The power of newsletters: How Codie started and scaled her newsletter to build a loyal audience. Applying marketing principles to investment products: Codie’s innovative approach to pitching pensions using the Perfect Webinar formula. Building a multi-channel marketing strategy: Insights into Codie's methods for growing her email newsletter and engaging her audience across platforms. Hear Codie Sanchez’s remarkable experience and discover how you can apply these strategies to elevate your own business endeavors! Don't forget to check out this awesome deal from Mint Mobile! https://mintmobile.com/funnels And if you want to enjoy the Marketing Secrets Show ad-free, check out http://marketingsecrets.com/adfree Learn more about your ad choices. Visit megaphone.fm/adchoices

When it comes to Smart Water Alkaline 9.5 plus pH with antioxidant, there's nothing to overthink. So, while you may be performing mental gymnastics over whether the post-work gym crowd is worth it, if you'll be able to find a spot for your yoga mat, or if that spin instructor will make you late for dinner again, don't overthink how you hydrate. Life's full of choices. Smart Water Alkaline is a simple one. You know, I think people like to these days say that buying businesses or running businesses is only for the few and people are making it sound too easy and you can't really work

like that. I'm like, I don't know. Are those people that are telling you that, are they independently employed? Because my bet is they are. And so they're just saying, I can do it, but you can't. And I've never liked that. I think almost anybody can own or run a business if you're willing to do the hard work. It's not rocket science. It's just hard. Yeah. In the last decade, I went from being a startup entrepreneur to selling over a billion dollars in my own products and services online.

This show is going to show you how to start, grow, and scale a business online. My name is Russell Brunson, and welcome to the Marketing Secrets Podcast. What's up, everybody? This is Russell. Welcome back to the Marketing Secrets Show. I'm here today with a special guest. We just finished the interview. She's someone who I've been stalking online for the last three years.

She came from a non-traditional business marketing background, came into this world, and has been doing some really, really cool things. And this interview is really cool because we talk about specifically what she actually does for a business, which is teaching people how to buy businesses like laundromats and things like that. And we talk a lot about that and that whole business, but also we start talking about the marketing side, like how has she turned this, what she's doing into a business and how did she grow up, uh, grow so big on Instagram and YouTube and all the platforms

and everything and, uh, building her own email newsletter and a whole bunch of other really cool conversations. So I hope you enjoy it. I hope you love it. Uh, I had a lot of fun with it and it's kind of cool because you can learn both sides, both like, here's how to go. But if you want to buy a actual buy businesses, or if you want to learn how to market your info product businesses, you get a ton of value, both sides of it. So that said, let's jump to go. But if you want to buy actual buy businesses or if you want to learn how to market your info product businesses, you'll get a ton of value both sides of it. So that said, let's jump to the interview with Cody Sanchez. What's up, everybody? This is Russell Brunson.

I'm here today with my friend Cody Sanchez. Cody, how are you doing? So good. Thanks for having me. I'm excited you're in Boise, by the way. How cool is that? You guys have been hiding in the city. It's beautiful.

We don't want people to know about it. Yeah, it's awful. We made it so there's no direct flight, so people have to work to get here that is actually true yeah yeah i was walking along a stream today there were baby geese you know while i was on a conference call it was magical oh yeah after i was saying i grew up in utah and i came up here to wrestle and then i like fell in love this place like this is really cool and different so anyway i'm glad you got to make it out here and hang out for a little bit thanks Um, okay. I want to start this interview selfishly if you're cool with that, um, very beginning, uh, because this makes me feel good about myself. And then we're going to

dive. I have a million questions for you, but, um, uh, the very first time I, I messaged you was on Instagram, December 26th. Um, it was the day after Christmas. I don't even know why 2022 somehow. So I, I've, uh, I've something and I messaged you and I saw you'd messaged me and you'd messaged me October that year. And I'm going to read it because this is really cool. You said random. And the reason I'm saying this, I keep telling people like the way I teach webinars and selling, like it works for anything and people don't believe me and your message like validated for me. So you said random, we use, we actually use a riff of your webinar structure to pitch to pensions in our investment fund and it worked. So first off, can you tell me about that story?

Because I got to know. That's wild. Yeah, that was back before I was on the internet. So I don't know how I came across you. It must have been on Instagram. So that's where I messaged you. But at the time, I sold investment products and managed a company that had separately managed accounts, exchange-traded funds, and what's called commingled funds that are mere portfolios, two big pensions and sovereign wealth funds in Latin America.

And so I was running around Latin America trying to get them to give us money for us to invest. And we weren't having that much success with one market. I think it was Chile. And so I talked to other salespeople and nothing was really working. And then for some reason I came across your Instagram and I must have seen one of your funnels and then clicked through it. And you had a full presentation at that time. I think that was out there publicly. Maybe it still is that you became no for it was like the perfect webinar or something. Okay.

And so the perfect webinar. And I just was like, this is so weird for investment world. Like nobody had ever talked like this. I had no idea what priming was. I didn't know about doing a close that had whatever the value stack or all that in it. I never heard about anything like that. And yet, because we created custom investment products, I was like, we could do all of this. And so instead of doing what typically we do in the investment world, which is like, here's all the things that are happening in the world.

You don't want to be in China. Now you want to be in, in Europe. You want to be, you know, in small caps, not large caps. You know, we want to protect your downside risk. And it's, it's all, um, you know, what is that right brain? Like it's very analytical and there's no emotional please. And there's no real knowing your target audience except their portfolio. And so when I saw your thing, I was like, huh, well, it's not working out. We're doing it. What if we try this? And I did it and we closed a big pension fund.

I think that was one of our first. They're called AFPs. It was one of our first pensions in Chile. How wild. That's so cool. I know. It's funny. I had someone today who literally was on a call. I was on it're like um so i'm doing a funnel but b2b so i can't use the webinar because

these people don't buy emotionally what should we do instead and i was like literally humans are humans i don't care what you say like yes there's different versions different things but like human psychology works doesn't matter what you're selling and so anyway it's so true i'm so happy to see that yeah well every time I forget that because I'm very analytical, uh, we don't have the desired end state that I want. Like when I forget it with my team, when I'm leading them in a meeting and I just go, here's the numbers, here's what I need to have happen, et cetera. And then I'm like, why aren't you guys doing this? And I realized, wow, like psychology is the undercurrent to getting somebody closer to the action you want them to

take. Yeah, for sure. Okay. So next question is, how did you go from, from doing all of that to now you are on the internet talking about all sorts of things that how was that transition and what did your family think about that? Oh yeah. My parents were not thrilled. I remember, uh, my mom at the time, because you know, I had a few grad degrees and, um, I had been, I'd worked at some big companies in finance. So it was prestigious sort of, right? More sophisticated. And even though I wasn't a huge deal at the time, I was, you know, a partner at some private equity firms. They weren't great ones. The next step would have probably been trying to go and do my own independent private

equity fund. And I basically looked at all of the people who are more successful than me in my sphere and thought, I want nothing to do with this. I couldn't see myself in any of them. And I had been through like four or five companies. So I was like, all right, I'm at Vanguard. Let's see what they could do. Did that for like a year and a half, two years. And then I was like, no, I don't see myself here.

And then I did it at Goldman. Let's call it a year and a half, two years. Didn't see myself in it. Then I did it at State Street, same thing. And so I thought it was the firm. Every single time I thought it was the company or maybe it was the exact position there. So if I do it in Latin America, if I do it in high yield bonds instead. And then finally, I got to a company called First Dress, which I think, you know, I wasn't a culture fit for, but had like a completely different subset of people. I was like, God, I don't see myself here either. Like, I don't want any of this. I don't want multiple divorces. You know,

I don't really care about the big fancy cars. I don't want to go to the country club every weekend. So what am I doing? And that happened right about at the same time that for some reason, you know, people like you are infecting me on the internet and you're infecting me with your internet thinking. And, um, and I thought, wait, the way we're selling investments is 19th century. Basically we're going, we're having these meetings, we're taking them out to nice dinners. We're doing, we're not even doing PowerPoints. We have, I would have like printed brief materials every time, you know, that we would walk through. And then we'd have like a long sales cycle. And I was like, you know, I think that the internet could help with this. And I think we should probably create some newsletters and maybe we should have some

funnels. Maybe we should like drip on these people in some way, shape or form. And I don't know if they do it now because I've been out of that game for seven years, but that was not a thing. In fact, it was so not a thing that I got in a fight with one of my partners at the company because he was like, it will never be done this way. You will never raise money this way. You will never get deal flow this way. And in fact, people will think less of you. And so we're not doing it. And if you want to do it that way, then you have to do it another firm. And I was like, bye, Felicia. And so anyway, so I'm really good friends with two of those partners still. They're great guys, but they just wanted to do it differently, which is totally reasonable. And so I thought, okay, I'm going to go try to do something on the internet because I

think there's this opportunity here in finance and investing. And I think I can get great deal flow and I can teach a bunch of people alongside me to do it too. And that teaching can lead to more deals and more investors and at the same time help everybody else and so that's sort of how it happened interesting how many years ago was that transition that would have been uh well fully was 2020 okay i left the first firm where i like the one where i kind of got in a fight and was like we should do this on the internet that would have been that was first trust so whenever i left first trust so let's call it like uh maybe like two years before that so something like five or six years ago okay very cool now i want to understand this because i

i have some people who come into our our world and they they've got something they're good at and they're trying to transition into this like i'm gonna i'm gonna be out there in front of people talking about it and that transition point is really hard because my and so i'm curious for you like what was the was it did you start i'm gonna start posting on instagrammers i'm gonna create a course or i'm like what was the the mechanism where you, like, what was the, was it, did you start, I'm gonna start posting on Instagrammers. I'm going to create a course or I'm like, what was the, the mechanism where you're like shifting from this to that world? Like what was the first thing that you actually did? The first thing I did was a newsletter.

I wasn't looking to monetize online at that time. I just wanted to increase optionality. I was like, if I have more optionality because I have more attention and eyeballs, then I will be able to achieve more things, which I think is true by and large. You know, the more attention that you can drive, the more options you have to determine what to do with that attention. And so that was the first step. Plus, I think newsletters are the least, they're the least scary, at least to me. You know, it goes into somebody's inbox. You don't have to look at their reaction to the inbox. There's no comments really on them. It's long form. It gives you the ability

to actually finish your thoughts more than a 30 second view. You also don't have to get really good at video quickly. It's more forgiving as a format. So for all those reasons, I thought, okay, we'll start here. I also like writing. And so newsletters, I think are an incredible place to start for that reason. And so much so that we've like made some investments in that. Like we invest in a company called Beehive because I think more and more people will do this. Obviously your company is a testament to that. And then, and then from there I started on Instagram, but solely because I liked the platform and I kind of knew it. Were you using Instagram to get people to join the newsletter? Was that the initial plan? Yeah. I had to think back to exactly what we did. I think we have an

article. If you go to contrarianthinking.co, there's an article on how I've got my first 30,000 and 10,000 subscribers. And I tried to catalog it from day one to day 30 just to see what I could do. And I know we started with Instagram and LinkedIn aggressively because I was a corporate person, right? So I'm like, oh, I guess all my friends are on LinkedIn. And so those two things grew us a lot. And then we were very old school. Like back in the day, I would do, I would like hack Facebook groups that have a lot of people in them with really good high value content. And then if they liked it, I'd say, if you guys want, I can drop a link to like where the full article is, But the full article would be my newsletter.

Yeah. You know, and that's how I did it originally. Yeah. That's cool. So was there, were you still working in time that you started that or like how, because you weren't monetizing initially. Like what was the, you know, when do you pull the trigger? Yeah.

Well, I had ever since I was at state street, which would have been like more than 10 years ago, I've always in finance, you're always allowed to do something called club deals, typically. And club deals are like, you can go and buy real estate or invest in small companies together or buy businesses together. And as long as it's not conflicts of interest or individual stocks, you're usually fine. So I had done club deals for a long time. So I had income from buying some of these businesses, buying part of the businesses, buying GPs of asset management companies. And so I had that going. And then I had always been a little bit of a dabbler, you know, like a lot of people are.

People talk badly about like wantrepreneurs. I think some people just have longer runways. And so I was that. You know, for a year I tried like a little fashion stylist marketplace. I tried an international consulting business. I tried, um, a couple of different, um, GPs of, of funds. And eventually, um, in 2020 is where I took the full plunge, but really, you know, before that I probably have been two years as a partner in a firm messing around with stuff and probably three years before that

trying different things that seemed interesting to me i could never fully make the the jump yeah that's cool i think it's interesting to me because i think a lot of people seem like they wait on the sidelines until like their big thing's gonna come you know like they're sort of waiting like i've had people like i'm waiting for my click funnels to show up i'm like the reason my click funnel showed up for me is because i launched 120 funnels prior to click funnels in a million different things trying to figure out what was going to work and then actually like the funnel thing the best let me talk about the byproduct of me doing this thing right um but it's it's fascinating saying that i agree that where you're trying things to figure

out what's the thing you're going to resonate with then and what like actually starts working so you can double down and keep going deeper on it, right? Totally. You have been sold a complete fallacy if you think that the first thing that you do is going to be the final thing that you do. That's just not how life works. And so I think a lot of people on the internet these days, they have survivorship bias, right? So they succeeded in what they were doing. And oftentimes that was a case where they jumped all in because they already had that relentless pursuit. Often that's what success demands. And so those people look like they are more common and thus it is more common to win like that. But I actually think it's more common for the hyper outperformers to win like that,

to go all in and to take a big risk. But for the average person, they don't want the life of a hyper performer. You know, it is incredibly difficult. It's very stressful. It's very stressful. I mean, you can run a couple six-figure business, a million dollar business, and it can be really cool and lifestyle driven. And then I think complexity just increases.

And with complexity comes a lot of drama. And so you gotta ask yourself what you want. What do you really want? And, you know, are you doing it just because other humans have it and you think you want it yeah for sure i'm next curious like for you like right now your message is dialed in you know like what you're talking about your new book coming out like all the stuff like you like you you figured all stuff out right when you first started start with the newsletter did you know that's the direction you were going or how long it'd take for you to finally figure out like, okay, this is my message. This is what I'm talking about. This is,

and so you can really double down on it, you know? Oh yeah. There were multiple iterations. You know, the first, I think probably three. At first, my idea was, I thought people kind of lost their minds in 2020. And I thought we stopped questioning everything. We assumed, you know, trust the science, believe in the experts. And we forgot the definition of science. And we forgot that experts are just people who have some expertise in something. It does not mean they are all knowing, including myself and you. And so I was annoyed by that.

And as a former journalist, I was like, I think let's make a newsletter that just basically lets us talk to each other and say, hey, here's what I see happening in the world. Do you see this too? What am I getting wrong? Like, let's have a conversation about this. And so that's what I started with at first. And I called it contrarian thinking because I thought we needed more of that. We needed more people to think critically. And then I realized that everybody thinks that they are a critical thinker. And so they are not. Yeah, exactly. And so I was like, oh, people don't really want to learn how to be a critical thinker. And so they are not. Yeah, exactly. And so I was like, oh, people don't really want to learn how to be a better thinker in many cases. They want to learn

how to adapt the world to their desire. And so I was like, well, so what's a way for me to get people to think critically and to get people to have skin in the game, which I think is the main way you will have success in life, is if you surround yourself with people who are incentive aligned to want the same thing that you do, and you actually clearly know what you want. And so I was like, well, what does everybody want? I mean, it's the core.

You guys know this in psychology, right? Like people want love. People want relevancy. People want money. People want health. People want sex. And so I was like, well well i don't know much about sex or love or how to make people feel relevant but i know a lot about money so i was like why

don't we start with money because if people understand money then they can understand ownership if they understand ownership then they have skin in the game and that was my thought process and that's where we really dialed in our messaging and i was like well, what makes me able to see some of the things that are happening in the world right now and slightly push back? Well, it's because I have financial freedom. So I'm not scared to lose my job. It's because I understand how to look at numbers and math because I understand running a P&L. And it's that I understand that there are repercussions to actions because a balance sheet is a zero-sum. Like you're either winning or losing. There's no shades of gray. And so because of that, I thought this would be really useful for a lot of people in our world

to have financial freedom, to understand these things. And then I bet they would build it instead of burn it down. Very cool. That was the idea. It's interesting because like I think about like my business, like I'm teaching people how to do funnels and grow online but the the result's similar it's financial freedom it's freedom from everything so they can make their own choices they can be their own people but they're different vehicles right like you're showing people how to invest in in boring businesses right like and versus i'm like build a funnel and it's just it's interesting i um yeah it's interesting that that because with your finance background, you weren't investing in those types of businesses before, right? Did it transition afterwards?

Like these were types of businesses you were buying? Yeah, so the last fund that I had was in the cannabis space. So we ended up doing a lot of like warehouse deals, logistics distribution deals, because we were trying to not touch the plant in some instances. So in some ways, they were boring businesses, but with a little bit of a rocket fuel behind them because it was cannabis. Prior to that, we had just started investing in small businesses sort of ourselves. Like first, I thought about multifamily, did a couple of those deals, played with real estate. And I basically saw because of what I was doing in finance beforehand, that there's not a real big difference between a billion dollar deal, a hundred million dollar deal, a $10 million deal, and a million dollar deal. A lot of the

documents are the same. A lot of the headache's the same. And so I saw these big deals and my idea was essentially just, could I do this on a smaller scale? But I hadn't actually ever done any laundromat or car wash deals in my funds ever. But I kind of see businesses as just widget factories. Like it's all the same game. You have sales, you have marketing, you have operations, you administrative, you know, you have some sort of distribution. And if you have those components, like almost all businesses run really similarly. And so because of that, I guess I could kind of see the connecting of the dots.

What's up, everybody? This is Russell Brunson. I've got something really cool for you today from my friend, Taylor Wells. And Taylor spoke at our last Funnel Hacking Live because I wanted him to share a really cool concept about what he calls the revolving pricing method. And today he decided to sponsor the podcast to give you guys more access to this super cool strategy that you are going to love. It's something we've been implementing into our

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and enter the promo code SEC code secrets for 20% discount. Take this test for yourself and for your team. And I promise you, it'll change the working dynamics amongst everybody and help your company to grow. So I asked you earlier, but how many of these types of businesses do you own now? 26. 26? What was the very first one?

The very first, well, the very, very first one was a cross-border sort of consulting firm, essentially, because I was working in Latin America. And the second one was a styling marketplace. And then the third one was a laundromat. And the laundromat is the one that, for some reason, people really took off and started to understand and think was interesting. Yeah, it's like a real thing in someone's head. I think so. I think it's also we've all been in them. We understand them. I call these the gateway drug businesses. And so if you can, you know, you can understand how laundromat works, you understand how our car wash works and it's close enough to feel like real estate where

there's just, there's defined boxes. And so I think it's less intimidating for people to start with those types of businesses. But I'm really big on, you know, at Contrarian Thinking, we teach people a lot about how to find your perfect deal. And that's critical. I think a lot of people ask like, what business should I buy? And it's like, that's not the right question. It's not the right question. And let's spend like 30 minutes to an hour figuring out the right business for you. And it'll change your life in a way that just buying whatever business will not. Yeah. Will you walk me through like the details of what like a car or a laundromat business would look like? Like how much does it cost? How much does it make? Like just to have some idea. Laundromats really are not the best business if you want to make a ton of money.

They're a good business if you don't want to work on the laundromat a ton and if you don't want to spend a ton of money. And by a ton, it's all relative. So let's say that on the laundromat a ton, and if you don't want to spend a ton of money. And by a ton, it's all relative. So let's say that the average laundromat probably costs about $300,000, maybe $300,000, $500,000. You can find them cheaper. You can find them more expensive. You're probably never going to find a laundromat that's less than, I don't know, $50,000 and is worth more than $5 million. So somewhere between $50,000K and 5 million valuation is a laundromat. The revenue and I'm sorry, the revenue on the individual laundromats, hard to get over like a million bucks in a laundromat. I'd say you're closer to doing a couple hundred thousand dollars a year and profits on small businesses anywhere from 15 to 35%. So these are like, they're like

little baby bonds. You know, if you want a business that just kind of pays you in small increments, but it's never going to take off in a huge direction, but thus has less volatility, it's going to move a lot less. These might be interesting. Yeah.

Okay. It's interesting. It's like real estate, only the cash flow is better on this than on the house. That's right. They're very similar. They take a little bit more work

on the front end and managing the business and they typically make more cash flow. And you don't get somebody... I tried real estate once. I bought a bunch of houses. I went to an event. Someone spoke about real estate. I was like, I'm all in. I bought four houses. And then it was horrible.

I had to rehab them, put a renter in there, and then the renter... Someone sent me a clip. He was on the news. He had like done all these crazy things in my house. My house is on the news. I was like, I'm going to get sued for what this guy's doing. Like it was really bad. So we evicted him. And then he took a sledgehammer and took out all the sheetrock, the entire house and stole the pipes and then left. And I was like, that was horrible. You know what I mean? I'm sure that never happened. Everyone's like, why don't you invest in real estate? I'm like, are you kidding me? I would rather die than be that, you know? I'm assuming like the tenant's not going to leave with the sledgehammer and take your walls out and your pipes. So that probably sounds a lot better.

No, I mean, every business is a carefully, you know, it's a barely concealed series of disasters, I think, no matter the size. And doing business is hard, you know, and I think people who want to get into this and like hear the words passive income, like skip, skip, skip, it's not passive. The only passive income is like if you have money in the stock market or in funds with somebody else and you get distributions on your cash. But that's it. So I think, yeah, laundromats, probably nothing like that is going to happen as much. But you could have a machine that breaks that costs $20,000. Yeah.

Major profit for the year or whatever. Right. Exactly. So there's always going to be some things that go wrong in this. But here's the flip side. I think people like to these days say that buying businesses or running businesses is only for the few and people are making it sound too easy and it can't really work like that. I'm like, I don't know. Are those people that are telling you that, are they independently employed? Because my bet is they are. And so they're just saying, I can do it, but you can't. And I've never liked that. I think almost anybody can own or run a business if you're willing to do the hard

work. It's not rocket science. It's just hard. Yeah. Are you buying business in your hometown or are you buying them all over the place? We've changed a lot. So historically, I bought them all over the place. I've kind of lived all over the country and a little bit in Latin America. But going forward, we divested a lot of businesses and now we're buying businesses

that are either located in just my community or where my parents are, or we're buying businesses that I call media-accelerated businesses. So these are businesses where we can actually plug them into our ecosystem and make them grow. And I sort of don't, it's similar to what you've done here. The cool part about when you own small businesses is you own a part of your town. And you can be this ecosystem in your community. And it's really beautiful. And I think more people should experience it. And when you own a bunch of businesses all over the country, I don't think

you can have that same thing. So I am much more interested these days in businesses where I can own them locally, and I can touch them with my family in cities that I care about. And in other places, I can help other people own those businesses. Or we could have a franchise model that runs those businesses so people can get ownership of their community as opposed to one person owning everything. Not good. Yeah, that's cool. So for you, now I'm trying to shift back to like the info side of the business.

So for me, like when I got, uh, like when I started, I, I was trying to teach people about funnels before we call them funnels. We, we call them sales processes. It was way more boring. But I would teach people. Nobody cared for a long time. And then I told my story about my Potato Gun DVD. And that was a story that everyone's like, oh, it became a real thing.

And so I've told that story 8 million times. And I hate it. And I never want to tell it again. But that was the thing. And I see people at the airport. They're like, you're the Potato Gun guy. And I'm like, that's what I'm known for. But for you, was it the laundromat was the story that kind of propelled the message that was that the first one or the other

ones? Sure. Yeah. Yeah. I'm still the laundromat chick, which is hysterical to me. Um, yes. And I do think you, you know, what happens in life, I think for most people is you get a series of trigger point moments where you can either decide to lean in or not take the jump. And I've had a few of those in my career. I had one in cannabis where I saw an opportunity in the space. I put some serious money on the table. We jumped and we did well. And for a while there, it was like Cody, the hot dealer, basically, online.

Parents were also thrilled. And then for a while, it was in finance focused in latin america it was like oh cody you know who sells etfs exchange traded funds and investment vehicles in latin america and then uh it became the laundromat chick so i will say you know there's been multiple iterations none of them touching and uh i don't know this one might stick though. Especially with a new book coming out and all the things talking about this. Yeah, there's a lot of that in there. So cool. So for you then, I want to talk more about as you start transitioning, now you're doing this.

You're selling advertising, I think, initially in the newsletter. Is that right? The next monetization point. And then was it courses? How did this start becoming a bigger and bigger business for you? I don't think I sold ads or sponsorships for a year plus. In the beginning, it was free. It was free for about maybe six months or a year.

And then I created a community. So I was like, you know, I valued myself really high. So I was like, how about 97 bucks? And, you know, huge mistake in retrospect. A month or one time? I think it was one time. It was basically three pennies and um so i started a community which was important to me to figure out like can i even help people you know do i know what i'm talking about really can this translate

somebody who just does for a living and then goes to try to teach other people i wasn't sure if that would work and so i started with a really inexpensive community. And then I realized, oh, man, like a broad, open, really expensive community is not great. So I think I sunsetted that probably after a year or something like that. And then we built a course that was about how to buy businesses. The idea was an M&A course. And then we built a real community around that. And having, you know, barriers to entry and sort of a form to fill out to make sure people are the right fit. And now I think the goal is we're actually working on accreditation for one of the courses. Yeah, because I think there's a huge problem in the education system today with how we learn finance and how we learn mergers and acquisitions, which is we don't.

But if you look at the Fortune 100 list or if you look at the Forbes 100 list, what you'll see is that a bunch of people on there, the richest people in the world, get there through acquisition. And they get there through either buying parts of companies. They get there through buying entire companies. You don't actually have to be the next Elon Musk coming up with crazy ideas in order to make a ton of wealth for yourself. And so I've been talking to a few universities about how can we integrate this into what you do? Because I think the university system will continue for a while, even though probably not to the same degree. And I want people to be able to have a resource that actually teaches them how to do it at a smaller level. Like when I learned it, they taught me like,

you know, Google and Amazon acquisition examples. That's totally useless. Yeah. I remember in college, like my finance classes, how to do finances for these huge firms. They never taught me how to do my own taxes. I was like, this is so dumb. You know what I mean?

Well, it's exactly right. It's a similar thing, yeah. And it's, you know, I almost think it's worse than dumb now. I think that if you think about it, what is the highest tax code in the US? It's for employees, right? They are incentivized to have more people

work for other people as opposed to have ownership. They're much more incentivized for people to have earned income than to have any sort of investment income. And the people who are lobbying our government entity are largely large institutions that need more humans to feed them as employees and that want to do most of the investing. And they'd rather just, we gave them our money in exchange-traded funds or investment fee. I saw it all from behind the scenes. And then they use our money at a lower interest rate

in order to go and buy our homes, which is what Blackstone and BlackRock do right now. And so I think that's really perverse. And I think whether there's orchestration or not, you have the university system that wants to protect itself and its tax rebates. You have the institutional investment complex, which wants to protect itself and its tax rebates. You have the institutional investment complex, which wants to almost own everything

and is a voracious beast with both money and assets. And then you have the tax system of the U.S. government, which really wants to collect as many taxes as humanly possible in order to continue to increase its power. And so I think the way we push back on all of that is we own our own things. And there is no better tax break than having at least, you know, I tell my employees, how crazy is it that if my employees want to be 1099 instead of W-2, they literally can't. That would be illegal for me. The only way they can do that is if they

have their own agency and run something else, right? And so, you know, I talked to my employees about how do we get you real estate that you have on the side? How do we make sure that you're putting your money in investments so that you can have some, some write-offs against W2? And I think it's really wrong that the government makes that so hard. I never thought about it that way. That's crazy though. Yeah, well like what California has done, think about the messaging. It's actually, it's brilliant maliciously. They're like the big bad corporation

wants to have a bunch of people who are not W-2s and thus they don't have to give you healthcare, which is true. So because of that, we're going to say no 1099s allowed in California. You go, great, thank you. And then you look a little closer and you're like, which is true. So because of that, we're going to say no 1099s allowed in California. You go, great, thank you. And then you look a little closer and you're like, wait a second. They just basically doubled my tax rate because I have no write-off capability now. And they're asking me to say thank you to them in the highest income state, the highest earned income state in

the country. But you get your health care paid for. But you get your health care paid for. And if you're good at earning, which is really what we should incentivize more of, is we should say, yeah, health care should be secondary as we teach more people how to create more value in the world and thus earn more. And so that's another reason why I think ownership is so important. Yeah. So cool. Yeah. And I don't think you don't have to not be an employee, to be clear, because it does suck to own a business many times, but I do think that you should have some component of your portfolio and what you do that has ownership that can carry on. If you know,

if you get sick and you can't work anymore, for instance, for sure. And these having a plan, like not an exit plan, but a plan of like the money rolls from here to here. You know, like I, I remember reading Rich Dad Poor Dad back in the day, the whole, what's this cash flow quadrant, how you move like earned into the business to the investment, you know, like, like having a plan of like, let's see, I have now three members of the media team now have a percentage of some of our portfolio companies. And usually people think about it as equity in the main company.

But the problem with that is you've had this business for 22 years. You're not selling, right? So they don't really want equity in ClickFunnels. They want to get paid more. And they want some ability to have long-term equity in something that you do. And so as we incubate more companies and buy more companies, they earn the right to invest their money in those companies. They don't just get given equity, they get a chance to earn it. And so, yeah, I think it's how, it's actually how

the rich guys in private equity do it. They all do earned in club deals. That's how I started. So that's what we're doing. That's awesome. Okay. Next question is for you. So I can't believe let me do this like three years, three or four years, which is crazy. So I watch your social on all the platforms and you're shockingly good on all of them. And I'm not going to lie. Like I'm so jealous, but how does she like flawless execution on every platform you're doing? And so I'm just curious, like how you view social media, what your team looks like, because yeah, you're one of the best I've seen. it's not just on like i've seen people like i'm good on this thing you're like good across the board on every platform i don't understand it

so i'm really jealous well you could do it i think it's i've been trying we're trying we're getting better at all the things but it's like anyway so we're still trying to learn and master it and just it's fun watching how you do it. Well, we have a core belief, which is always, it's always a who problem, not a how problem. So I didn't know social media when I started, obviously. And so I just went out and tried to find the best who's that I humanly could. And the best who's in this space often aren't that expensive. And so that's where I actually started is I was like, all right, I'm not a 21 year old on TikTok. So I probably am not going to understand the algorithm better than they do. How can I reach out to some of the biggest creators on TikTok that I can tell

they don't make much money and just pay them for a couple of consulting hours. And so I would reach out on all the varying platforms and we have a mechanism now, we actually need to redo it again, for having consultants for each platform. And they're not traditional consultants. They're like, I found this 21 year old that's killing it on TikTok. Let's go talk to them.

I found another one on YouTube that's killing it. Let's talk to them. We have some professional consultants we work with, but I think that's the best way to start in every business. It's really what you and I do, right? It's like, if you want to go buy a business, you're going to go to Cody Sanchez. She's like the best at how to buy small businesses. If you want to learn ClickFunnels, you're going to go to Russell Brunson, right? And so we've institutionalized that. I think for

social media that hasn't happened yet, but there will be people who are just incredible at social media. And that's how we started is finding those. And then the second thing I did is I really run it like an investment firm. Like we have a scorecard for everything we do. We track weekly growth. We understand daily first 30 seconds and, you know, let's call it 10 or 15 minutes per platform of how a piece of content is going to perform. We obsess on each platform. You know, if you're on social media, you need to treat each platform a little bit like a different woman. So you have TikTok, who's your 17-year-old cousin, who's kind of funny, kind of lazy.

TikTok. Then you have Twitter. It's like your angry, middle-aged man who hasn't accomplished what he wants yet in life, in his mom's basement. And then you have, you know, YouTube, which is actually an interesting segment. It's much more bifurcated, but let's say like aspirational mid-20s to mid-30s for the segment that I want, but could go all the way down to, I bet your kids, like you said, watch it, you know, nine to 20, if you want to go there. And then Instagram, largely, you know, middle-aged moms, right? Not perfect. And obviously there are lots of other people on all those platforms,

but we kind of think about it that way because Instagram is, it's like a aesthetic. It wants to look a certain way. They want to be able to feel real and a little bit behind the scenes with you. Whereas Twitter is a little bit more cerebral. Like you have to be smarter. You also have to be a little ruder, a little edgier. And so we do treat each platform like a different human. That's really cool. Yeah. That's awesome.

And then do you have someone running each platform individually or is it one team that kind of is doing all of them? Yeah, well, you know, anytime you, if you're thinking about social media today, there's a couple of things that I would say. First of all, I always like to have a head, but this is like the 202 version. Here's what I actually have today, which is I have a head for everything, right? I have a head overall,

and the head oversees the other heads, which are platform specific. I actually break them down into written content versus visual content. So there's sort of two teams, and they have some influence back and forth between the two. But somebody who's good at Twitter and LinkedIn, that makes sense. Somebody who's good at Instagram and TikTok, that makes sense. And then probably somebody who's good at YouTube, which is like long form storytelling. And then there are people underneath them, contractors. But when I started, it really started with a great number two. Like I think if you can find a few people to pay by the hour to learn,

and then you can find one good human who can look you in the face when you think it seems ridiculous for you to be dancing in a TikTok video at 37, you know, you can work through that with them. And so that's where I think you start versus where you will eventually get. Very cool. Maximize your return on life by investing with RBC and do more of the things you want to do. Like this. Bye-bye, old tile. Hello, new bathroom.

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rbc helps you maximize your return on life start investing with rbc today i am so dreading groceries this week why you can skip it oh what just like that just like that how about dinner with my third cousin skip it prince fluffy's favorite treats skippable midnight snacks skip my neighbor's nightly saxophone practices uh nope you're on your own there could have skipped it should have skipped it skip to the good part and get groceries meals and more delivered right to your door on skip and then um for you how do you um like some people everyone's got different processes like all he was here yesterday and he does every friday he goes and he films two youtube videos and that that produces all controversy else like do you have something like that do you film days you

structure differently or is your team writing stuff for you ahead of time you do it yourself we um we try to document not create as much as humanly possible. So like today, I'm in Boise. I gave a speech at ConvertKit. I'm here speaking with you. We stopped by the Capitol to film a little something. I had to be on a, like chatting with some people in the back. So they were taking some videos and images of it. So we're just documenting what's happening in my life.

Because what we found is you can either make your day into content or you can make your day about having to make content. And I just prefer efficiency. And so wherever humanly possible, I want my team or myself to look at things that are happening on the Internet and go, here's a frame. Right. So the frame is there's a trending song and they say some words and then a bunch of videos of you looking cool mashed up right and then we go okay we're gonna go to boise um let's see i bet we can do something somewhere to that trending sound and then there'll just be a bunch of clips of me looking cool somewhere right and so it so it's a little bit of, I think,

you know, preparation beats post-production any day. And what a lot of people get wrong is they try to fix everything after they have it. And so, for instance, you could film everything that happens around you all the time, or you could be really maniacal in your shot list and say like, we're going here. Cody's coming into the office. What are the three viral videos we want to film with Cody that are going to be short form? What are the components of that? I want to forget that I just asked you that question. You're going to have like a little checklist for it and we're going to film those rapid fire. And then when we're together, you know, when we're doing this podcast, I'm going to keep a sheet and every

time they laugh really hard, I'm going to make a mark because there might be a clip there. And every time they laugh really hard, I'm going to make a mark because there might be a clip there. And every time Cody says something ridiculous, I'm going to make a mark because there might be a clip there. And so I'm going to be really intentional with it. And I'm going to try to pre-produce as much as humanly possible. And so it's really, again, it goes back to if you can think like an investor, you can be a creator. Because an investor can't fix a deal that's bad in post. It's like all the money's made on the front end. I think that's the same thing with content. Interesting. Yeah. That's really cool. Yeah. And I'm happy to share whatever you want. That would be helpful to you. Show me all the things, all the people, whatever you want. No,

that's really cool. Um, so you spoke at ConvertKit this morning. I wasn't able to make it, but some of my team was there and they were talking, they came back, telling me some of the stuff you're talking about so I'm curious they said uh the first thing they said you talked about today was just uh like the depth of advertising how that's shifting and in my company we are predominantly advertisers right we're learning the social game and trying to like I'm seeing I think similar trends so I'm trying to like okay how do we how do we increase this so that when this is dropping that you know we're not in trouble over time and so I'm curious anyway your thoughts on that what you're seeing because you're more analytical than me like what's actually happening i'm feeling i feel it i'm a

feeler but i'm not like an analytical person yeah well you probably i mean once you've done something for a long period of time i think you become a data analysis machine by by default it's like the same way that you can just you, when you take a bat and you hit a ball in baseball, that you hit it right. If you've hit a thousand balls, you know, you don't need anybody to tell you. You're like, I know. Yeah. You're like, I know exactly what just happened right there. So I think gut is really important. And it's just, if you don't have gut yet, you need data. If you don't have enough repetitions, you don't know what good looks like. And so we were, we default a lot to repetitions.

But yeah, if you look at the numbers, today more than ever, the advertising business is in trouble. We've seen a continuous decline in advertising total revenue since basically going back to the 60s, but accelerated really from 90 to now. And so historically, things like newspapers were great because people really didn't have another mechanism except to go through the news sources. But we're seeing advertising revenue really drop kind of across the board in favor of people realize their most precious commodity is time and thus subscriptions sort of were born. And so I think that will continue and it will happen in different ways. And everything goes in a cycle. So maybe it will come back into to Vogue again.

But for right now, that's what we're seeing. Now, you guys using ads to drive revenue to you, I think, is a different story. It's just do your ads feel like ads or do ads feel like content? Yeah, much more content now. Yeah, it used to be we spent a lot more polished ads like script writers, highly produced, you know, like all content now. Yeah. Yeah, it used to be, we used to spend a lot more polished ads, like script writers, highly produced, you know, like all that kind of stuff. And now it's like the ones on my phone would outperform, you know what I mean? Yeah, 100%.

Me while I'm walking outside talking, like excited, do better than other stuff. 100%. So I think that's the future. It's that tornado strategy of, you know, can you get somebody, your desired client who is in the center of the storm, and all around them you have a tornado of varying, very native content that feels like just something that's taking their attention, not something that's getting shoved down their throat. And eventually they get kind of swept up in it. And I think that is the future for content creators. Do you guys do paid ads very much or are you guys mostly all organic?

We are mostly organic. We're starting to get into the paid thing. We'll definitely need to for the two companies we're launching this year. But it's actually a little bit of a detriment to only do organic. So I think the problem if you only do organic is you don't know how to value your audience. You're not very sophisticated and it means that you can get really lazy with acquisition because you're just like, they're free. You know, they come to see me. And the only thing we know for sure is that eventually nobody will care about you. And so it's not a repeatable model. And I think advertising is actually better long-term, but the pairing of the two of them is really, really powerful. And so we need to get more intelligent on ads for that reason. Yeah. It's interesting. I'm in a

mastermind with Brendan Burchard and it's, he's got two groups he's brought to. There's the direct response marketers like me who are in the room, and then there's the viral guys like Jay Shetty and Princey A and all those guys. And it's funny because everyone's fighting back and forth. What I'm doing is right. And I sit in the back, and I was like, I think they're both right. How do we get both of these things actually working? You know what I mean? Because I think in most situations, everyone's got a think they're both right like how do we get both of these things actually working you know i mean because um but i think in most situations like you everyone's got

a hammer they're really good at like for me it's like i'm not it's a funnel but paid ads like i know how to play that game a million times i just it's the one the tool i know how to use so we always default to that but then but then it's like there's other hammers to do things it's good to learn and i think having diversity both of them because at least my like my experience for the last man a couple years is just how much ad costs have increased dramatically like it's getting harder to break even and so even for me and I've got deep funnels big back ends like all those kind of things and it's getting harder harder for me to compete so I think at the smaller scale it's like if people aren't um offsetting some of that with the free audience then it's going to be hard

to to really compete you know what I mean yeah I, I think, I think that's true. It'll be interesting to see if that changes now that so much VC money isn't going into advertising because, you know, we have a venture capital fund. And so we were looking at where most of venture capital dollars go. It's about 40 cents of every dollar that a venture capital, uh, capitalist gives to a company goes to four companies, which you could guess what they are. It google facebook amazon apple right and so because of those four companies as their acquirers you know the the actual companies are only left with about 60 cents so when you had this massive amount of money from venture capital piling into the advertising space makes sense that it was so expensive i wonder as the market sort of comes down and

there's not so much money sloshing around, if that won't normalize. Oh, that'd be cool. I mean, seems to make sense. It hasn't happened yet, but the VC fall off will be a little bit more longer of a tail because they raise capital for 10 years on average. So we'll just have to see. And then obviously we've been money printing for a long time. And so there's a lot of fake money sloshing around that makes it hard. But if you can survive during this, can you imagine what you were going to be able to do? Like if you can operate in this market right now with only one leg of the stool, aka ads and funnels, maybe that's two legs of the stool, but without organic, without, I don't know, I'm not talking about you, but other people without like a crazy affiliate strategy, without, I don't know, I'm not talking about you, but other people without, not without like a crazy affiliate strategy without, you know, um, like brick and

mortar, you know, traffic. Like if you can just operate with one or two legs, if you can add a few more, how strong and stable is the company going to be? Yeah, for sure. Diversification. That's the key, right? Yeah. Hard to do. Media, media diversification in the online businesses, you know. Yeah. Well, I had, I think like not even a month ago, you know, I had my Instagram like permanently, quote unquote, permanently disabled for like 24 hours or something like that. And so you could imagine if you made all your money on Instagram, yeah, that would be detrimental for your business. You know, we had one of our businesses, Stripe, shut down. They just stopped processing payment for them and kept 60 or 90 days of cash. And so for most small businesses, that would bankrupt them. Small businesses keep

on average 30 days of cash on hand. And so I think that diversification is so important. Yeah. Man, 15 years ago, I had that problem with our business we had we had nine merchant accounts we're out the same bank and then you know we're higher risk we were in continuity and back in you know higher risk thing and they shut us down one day and lost all our merchant accounts and the same time that it happened in the industry as a whole so like i think it was like three or four hundred people that we knew had all got their account shut on the exact same day and so no banks were like letting any of us come back in like it took us six months to get another merchant account which in that time i'm firing people letting people you know just to try to like stay afloat and then we get a merchant

account and then we we had customers we want to buy stuff so i remember we like we did this big launch and like blew up the merchant account and then the merchant the the banks freaked out like you can't process you know quarter million dollars in a day i'm like we we just did like it's illegal say shut it down frozen money kept it for six months i'm like i need that money to pay and it was just like a couple years of that there was just like it was it was brutal and that was my first time i ever like understood like how bad like one is like just having one backup now it's like all right we have stripe and we have this and we have this and we have like all these things and merging but also in like email autoresponders like if your email if your ips get blacklist what happens if instagram dies

or youtube like there's so many variables that um as someone who who went through one of those one time i'm very paranoid about it and obviously like trying to figure those things out you know yeah i mean i think a lot of people underestimate how critical cash is to a business yeah when people say cash is king you can only really understand that if you've almost lost it all drives It dries up. Yeah, the lifeblood. Yeah, 100%. And that's the other thing I think people don't realize about people who have money and run businesses. They say that the average owner in the US has 90% of their wealth tied up in their business. So even if you have a business that's doing, I don't know, 10, 20, 50, 100 million dollars in revenue, it's really not until you get up past 20 million dollars that that cash is more free for the founder of the business.

Anything 20 million and below, on average, it's not always 90, but it's damn close to 60, 70 percent of their wealth is tied up in their business. And so if you think about it that way, you don't have a lot of a cushion. And so the SBA did just increase some cool credit limit stuff for small businesses and allow for partial investing and funding. And so I think people are starting to realize how critical it is. But these big companies like Stripe, when they shut off these small businesses, I don't think they realize the impact. It's a death blow.

And it's nothing to a huge company and they have to protect risk too. But, um, you know, when you have somebody's lifeline in your hand to their business, I think you have to treat that with a lot of honor and respect. Yeah. Scary to the, we have obviously, you know, we process as a platform, like $3 billion a year through Stripe. And so we see all the time where people are getting shut down and they're coming to us like, what do we do? I'm like, I don't know. They't know they i don't know you know so we're trying to get people backups and all sorts of stuff but it's a scary thing especially if you have like a continuity program built into it where it's like they shut that down and it's just that's gone you know i mean a hundred

percent so yeah yeah okay last question i got for you from your speech today as well i think um uh there uh ben on my team is kind of telling me that but he's talking you're talking about when you're creating youtube content videos traditionally i mean i might get this wrong but just like you sitting there teaching is one thing but not doing nearly as well as like the actual like showing the thing i'd love to hear your thoughts on that or just explain that to me and to everybody yeah so we have a framework in order to make content that really goes viral. And that is three parts. It's called tell, show, do. So old school way of doing content was you tell. So we would sit here and we would go, here's what I know. Let me tell you about it. Believe me. Yes. Those are what podcasts are. That's what most YouTube videos are. It's what's called a

talking head. That's the first type of content. Then our second level is called show. So that's like, hey, we're going to build a funnel live. Let me show you. And you're walking them through it, right? Like, here's how I build it. Here's how this happens. Or we're going to break down a trucking business live. Let me show you. Here's how we do it. And then there's do, which is I right now will show you me creating a funnel, blasting it out to brand new people and making a thousand dollars. I'm going to show you by doing it live. And the doing has the highest level of trust because since also the sixties, the trust index in America has gone down precipitously. So nobody believes anything anymore for many reasons that are understandable. But because of that, if you just tell,

but you never show or do, you have a much lower trust index score. And this is something I had to learn the hard way because sometimes on the internet, there are lots of people who are not good people in every aspect. And that's certainly true on the internet too. But in the beginning,

I bet it's hard for people to even imagine Russell Brunson spent $12 million on books, right? They'd go, you're a liar. I don't believe you. And then you go, here's the books. You know, you go, oh, here's a receipt for this and here's this. And you wouldn't think that you have to prove it because you just have done it. You're not really trying to prove anything to anybody, but you need to today. And so it's the same thing with, you know, anybody who's on the internet is you kind of got to prove to people that you're doing the thing that you say that you're doing. And so I didn't realize that for a while. And so we weren't really talking that much about our individual businesses. I thought that was

egotistical, honestly. I was like, I don't want to tell them how much money I made on this deal and how much money this business is doing. And, you know, that feels kind of gross. And then I realized, oh, if I don't do that, then they can't one, see what's possible and two, actually see us showing and doing. And so that's our framework. Interesting. So I can see like you buy a business, like going through that process, but like you're going back to your 26 businesses, initially like case studies as these things are happening or. Really depends on how far you want to go. I've always been thoughtful about how much I share for businesses that didn't ask for media attention. You know, so if I have operators, I have operators for all these businesses, if they don't want to be on the

internet, which most people do not actually want to be on the internet, then I'm not going to do that to them. But there are some of our operators who are like, no, that's fine. Let's like, let's do a tour of, you know, the fold, one of our laundromat companies that we were investors in. Let's, let's do a, let's do a tour of that. We can show them and we can talk about the business, you know, let's do a tour of ladder, this other fitness company that we invested in and let's show them like what it looks like to use this app. And we'll talk to the founder and, you know, we'll show like when we sent the money in and whatever. And so it really comes up to like the level that you want to do it. The thing that is happening more and more for us in the beginning or now than in the beginning is

much more doing. So like the other thing that happens after you become pretty successful is people will no longer think that they can do it just because you did it. They're like, well, that's you and I can't. And my mission is to create more financially free humans because I think that's selfishly better for me, my kids or world, but also just better for, for everybody listening. And so now we're experimenting with some stuff like watch us do this live using none of our, you know, unfair advantages. Our superpowers. Yeah. And let's see if it, and it's not saying I can do this. It's like, I don't know. Let's try.

And maybe I realized, oh my God, this is way harder than I thought. This is a terrible idea. And then we share that. But at least it gives people an ability to actually see it for themselves. Yeah. That's really cool. Try them. Very cool.

Man, thanks for hanging out with me here in Boise. Lastly, I love, I know you got your first book coming out and I me here in boise lastly i love i know you got your first book coming out and i know how much effort goes into a book and i love books i'm obsessed with them i know it doesn't come out till december do you want to talk anything about it or get people excited about why they should yeah we should buy it here when the second it comes out yeah should we tell them where the pre-orders are yeah we'll just do well this is kind of quiet we're not going out publicly to everybody yet but because you're a buddy um i think by the time that this comes out, pre-orders should be

available. It's called Main Street Millionaire. And it's about all the things we talked about today. Like if you want to learn how to buy a business, if you want to learn why it matters that you get ownership, if you want to learn deal making and negotiation, it's all about how buying ordinary businesses can create extraordinary wealth. And it's been a labor of love. I think I've been writing it for three years and I've been editing it. My husband's been going crazy with how much I'm working on the thing. But I feel like it's the book I wish I had when I first started taking action, even after being in finance. I want to know only what I need to know, nothing extra. And I want it to be really simple and straightforward so that I can understand how

to take it into action immediately as opposed to a bunch of theory. And so, uh, I hope that's what we created. Yeah. I'm excited. So where's, where's the pre-orders? I think you just go to Amazon. Okay. Let's do Amazon right now. Very cool. Oh, I'm so excited for you. You're going to love it. So having a book out for me, like of all the things I did, like the book was the one that, um, had the most lasting impact of all the things that in like the book was the one that um had the most lasting impact of all things that in the last 20 years doing this yeah um so yeah i'm excited for that for you you're gonna love it yeah i always uh it's like my biggest joy is writing i love it more than anything you're a copywriter too you love books too uh i think a little you know 12 year old cody would be like what you write books you books? A publisher actually paid you to do

this? Like, this is super cool. So it's, it's a little bit of like a childhood fantasy come true. Yeah, for sure. And now the goal is getting New York times. They say, they said that like in people's perception that like being New York times bestselling authors higher than like an Olympian, like human perspective. So I was like, that's really cool so next time i see michael phelps or something i'm like listen i'm actually actually that is if we get it but yeah i think i better not count my chickens yeah either way you'll get it eventually so it's it's awesome so anyway thanks for coming here and spending time with me i really appreciate it and i appreciate you uh it's fun watching you everywhere on all platforms everyone go watch her and see everything she's doing and uh get the book when it comes out you're the man thank you thanks russell yep