I’ve listened to thousands of podcasts on making money but only six specific episodes truly changed my financial life. In this video, I’m going to take you through each one and why they made such a difference on my life.
Codie Sanchez is a dynamic entrepreneur, investor, and financial strategist who has made a significant impact in the world of business and finance. Known for her contrarian thinking and innovative approach to wealth creation, Sanchez has built a reputation as a formidable force in the industry. Her journey began in journalism, where she covered critical issues like human trafficking, earning her the prestigious Robert F. Kennedy Journalism Award. This early experience shaped her perspective and drive to make a difference. Transitioning into finance, Sanchez worked for major firms including Goldman Sachs, Vanguard, and First Trust, where she honed her skills in investment management and strategy. Sanchez’s entrepreneurial spirit led her to found Contrarian Thinking, a platform dedicated to empowering individuals with unconventional financial wisdom. She also co-founded Unconventional Acquisitions, focusing on helping people buy and invest in small businesses. Her portfolio includes ownership of numerous “boring” but profitable businesses, generating substantial monthly revenue. With a net worth estimated at $17.7 million as of 2024, Sanchez has become a respected voice in finance, featured in major media outlets and sought after for her insights on investing and entrepreneurship. Her mission to create financially free individuals through business ownership continues to inspire and educate aspiring entrepreneurs worldwide.
Podcast 1: How to Get Rich by Naval Ravikant
Naval Ravikant’s podcast episode on “How to Get Rich” distills his wealth-building gospel down to raw principles that matter. As a billionaire and founder of AngelList, Naval lays out key ideas:
- Chase financial freedom, not status
- Ditch zero-sum games
- Master leverage
- Align with ethical long-term thinkers
Naval obliterates the myth that wealth is purely luck-based by breaking luck into four types:
- Blind luck
- Hustle-driven luck
- Preparation-based luck
- Luck that magnetizes to people with strong reputations and rare skills
His key message is that nothing is granted – it’s all earned. One of the most impactful quotes from this episode is “Play long-term games with long-term people.”
To apply Naval’s wisdom:
- Focus on building scalable assets
- Stop settling for paycheck-to-paycheck survival
- Level up your skill stack
- Trade execution and outcomes for money, not time
Podcast 2: Rob Dyrdek on My First Million
Rob Dyrdek, former pro skateboarder turned entrepreneur and TV personality, shares his insights on shifting from fame to fortune. He emphasizes:
- Rigorous time management
- Brutal honesty in financial tracking
- Continuous evolution and adaptation
Rob tracks every minute of his day, aiming to optimize his time usage. He also advocates for opening up your financial books to trusted advisors, creating a system of accountability that ensures strategic decision-making.
Key takeaways:
- Build a business, not just a job
- Think about the exit strategy from day one
- Embrace continuous self-improvement
- Ask yourself daily: “What did I do to make myself 1% better?”
Podcast 3: Jordan Peterson on Modern Wisdom
Jordan Peterson delves into personal development, the importance of play, self-improvement, and the psychological underpinnings of human behavior. He discusses:
- The danger of unchecked ambition
- The “death spiral of the comfortable” (complacency)
- The value of enemies as catalysts for growth
Peterson argues that adversaries sharpen your focus, force innovation, and expose your weaknesses. He emphasizes that the struggle is what forces greatness.
Key quote: “You think you’re going to get braver and braver as you get more and more protected? You think that’s how the world works?”
Takeaway: Get clear on who you are, or get left behind. Identity confusion is a psychological epidemic. Clarity on your values, strengths, and goals is non-negotiable for success.
Podcast 4: Seth Godin on The Tim Ferriss Show
Seth Godin, known for his unique approach to life and business, discusses:
- Overcoming momentary lapses in optimism
- The importance of incremental progress over perfection
- Creating meaning rather than expecting it to be handed to you
Seth advises focusing on actionable steps within your control and celebrating even modest wins to build momentum and shift perspective.
Key quote: “The world is going to be whatever the world is. Approaching it with a positive, energetic attitude probably will make your experience of the world better than gearing yourself by being a pessimist and maybe getting what you’re hoping for.”
Podcast 5: Alex Hormozi with Chris Williamson
Alex Hormozi and Chris Williamson discuss raw, hard-hitting truths about business. They emphasize:
- Pushing through personal issues to achieve more
- The importance of internal accountability over external validation
- Setting personal benchmarks above societal expectations
Key quote: “If you’re at the bottom and feel like you have nothing going for you, reframe it as having nothing to lose by taking action.”
Podcast 6: Scott Galloway on Impact Theory
Scott Galloway, an activist investor and professor, discusses:
- The struggles of modern young men
- Economic inequality and its impact
- How technology amplifies loneliness
Galloway points out that a 30-year-old today often makes less money than their parents did at the same age. He emphasizes the need to be more valuable and proactive in seeking compensation that matches your worth.
Key quote: “The real reason why romantic comedies are 2 hours, not 15 minutes, is that real victories in life, the really rewarding things, all have one thing in common: they’re really hard and it takes time to go through something really hard.”
These podcasts offer valuable insights into wealth-building, personal development, and navigating the modern economic landscape. By applying these lessons, you can work towards financial success and personal growth.
