The greatest privilege in life… is to be yourself.

A thread on doing the damn thing...

I *know* you have that thing inside of you... I did too BUT...
I was horrified when I first started being public, ahhhh the trolls, the name-calling, the imposter syndrome.

Ignore it.
Hell, I’m an investor. I’ve kinda walked the walk.

- raised billions
- invested hundreds of millions
- worked at Goldman Sachs
- went to Georgetown
- speak 2 languages
- built biz in LatAm
blah blah...

And mfers still be saying “it’s photoshopped” 😂
Because flip side is:
- I went to public school
- then ASU (parties not smarties)
- sucked at math
- got kinda pushed out of 2 companies
- terribly distractable
etc ec
I get questioned, called out, and worse.

Sometimes I even do it to myself in the mirror 🤦‍♀️

But guess what?
I’m having a blast, helping humans, meeting incredible builders and ultimately doing better than I ever was when I was private in finance.

So f*ck em. Whatever it is you want to do. Go do it.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Codie Sanchez 💥

Codie Sanchez 💥 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Codie_Sanchez

20 Nov
You can literally build an audience & cashflow on ANYTHING.

10 accounts that will blow up on "boring" things... and why you should follow them...
@joepohlen - tweets about old people.

Well really, assisted living facilities and how to run and profit off of them.

@realEstateTrent - will not shut up about strip malls.

And he shouldn't.
His takes are tactical, interesting and he's grown 30k since I first followed him.

Read 13 tweets
18 Nov
An opportunity for 113% - 304% Cash-on-Cash return on someone else’s real estate?

A thread on how @barrettjoneill is using mobile container storage to ‘park’ cash… (get it 😂)
Mobile container storage = kinda sexy biz.

Lots of people have made storage interesting ( aka bud @sweatystartup ) but hat about storage that moves...
@OnDemandSt0rage containers are 16’ x 8’ x 8’ constructed of steel and fiberglass

They're like Pods except you can own individual storage containers and a route or area, instead of having to start the whole business yourself.
Read 7 tweets
17 Nov
Today, Contrarian Thinking is a thing, 100ks in our ecosystem, profitable, 7 figure ARR...

But a year ago as I told my PE firm I was leaving to do a "lil blog," they thought I was #1 joking then #2 dumb...

Leaving finance was scary.

Here's how I stopped losing sleep & jumped:
#1 I started building while still w/ a "paycheck"

Even as a partner and someone who had built before, NEVER had I had such a public potential flop if I failed.

Building in public real-time scared me to death.

I hedged my bets -> paycheck until profits.
#2 Make losses wins

I said in my head what if this fails miserably (aka no $, no readers) how could it still be a win?

Answers:
- learn to write better.
- meet 10 new investors.
- learn a new asset class & $.

Make even ur losses a potential win.
Read 9 tweets
15 Nov
Want to get into bed? (wink)

Mattress markets take it easy bud.

Love these margins: you give me $3k, I spend $300 to create, and pocket $2700.

A boring biz 🧵
Bought a bunch of new beds for my house.

Got pissed at the difference in cost. $3k for Tempurpedic. $300 for in a box.

Went down to Amigos furniture to see what's up.
I mean why are mattress stores on every corner, they're like pawn shops.

And I KNOW those pay well.

So my homie at Amigos broke down the boring biz for me.
Read 7 tweets
12 Nov
I spent the week with two former CIA agents.

They blew my mind.

Here’s what I learned that everyone should know:
“I always regretted saying too much, I rarely regretted saying too little.”

Allow mystery to make you look smarter than you seem.

The chatty ones often lose.
“White zone is dangerous, stay in yellow."

The white zone = you walking w/ a podcast on, not paying attention, being on autopilot.

Nothing more dangerous than not paying attention. In life, deals and being sneaky.

Details = devils.
Read 9 tweets
8 Nov
It all started with a phone call from my friend @Mike_Dillard.

He said, “Hey Codie, just bought a big RV. I’ve called 10 places in Austin and I can’t get space to put the mfing thing anywhere?!”

That one phone call led to a hunt for RV storage spaces.
My spidey senses went off.

Is there an opportunity in them there parking stalls?

The secret to investing is one equation:

Demand > Supply = Opportunity

Opportunity is all around. People don’t want us to realize that today, but there has NEVER been a better time to be alive.
Here's why it's a great industry to buy in:

It's very fragmented (no big Blackrock’s bulk buying)

RV parks are similar to self-storage industry 25 years ago; it’s early and not overbuilt

42 million people camp yearly

Demand WAY higher than supply
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Thank you for your support!

Follow Us on Twitter!

:(