105: The MOST Profitable Skill to Learn (From a $200M+ VC Investor) with Codie Sanchez

<p>Successful business owners are <strong>addicted to building businesses</strong>, sometimes to their folly. For someone like <a href="https://www.codiesanchez.com/" rel="noopener noreferrer" target="_blank">Codie Sanchez</a>, this isn’t a problem, but a superpower. Codie is a <strong>journalist, a venture capital partner, an angel investor, and an entrepreneur</strong>. She loves, as she puts it, “<strong>building herself out of a job</strong>”, which means creating businesses with huge potential, getting a team in place, and heading on to better things.</p><p>Now, managing many millions of dollars, she has to look into which<strong> businesses are worth capital investments</strong>. Codie often advises business owners to act out of confidence, not fear, and <strong>consistently </strong><a href="https://www.biggerpockets.com/blog/2013-11-03-hiring-employees-real-estate-business" rel="noopener noreferrer" target="_blank"><strong>hire people</strong></a><strong> that are better at their jobs than them</strong>. She places a very high value on having employees and workers who are competent and can help the team grow (as any smart business owner should).</p><p>Codie mentions<strong> the most profitable skill of today </strong>and how she’s using that specific skill to grow her newsletter, <a href="https://contrarianthinking.substack.com/" rel="noopener noreferrer" target="_blank">Contrarian Thinking</a>. She argues that in today’s society, the top level of hierarchies for time freedom and ideological freedom is <a href="https://www.biggerpockets.com/blog/financial-freedom-guide-30-somethings" rel="noopener noreferrer" target="_blank"><strong>financial freedom</strong></a>. If you can decide what you do, where you do it from, what you can and can’t say, and how to live your life, you have the ultimate freedom available.</p><p>This episode delves not only into the life of a VC, but how small businesses can<strong> keep their loyal customers</strong>, grow their audiences, and <strong>repel those who aren’t