May 28, 2024 · 40m · bigdeal
Watch this if you hate your job and want to quit…
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gold bands on the timeline = statements, start to end. Hover to read, click to jump. CC turns on captions
In this episode of The Big Deal Podcast, host Codie Sanchez and co-host Rachel break down actionable strategies for overcoming career dissatisfaction, negotiating higher compensation, and executing professional resignations. The discussion offers a comprehensive roadmap for ambitious professionals looking to beat inflation, build cash-flowing side ventures, and transition into autonomous entrepreneurship.
How this conversation actually went
Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. Codie holds 98.2% of the talking time here. How this is scored →
Codie as informed peer 7.5 Guest teaching 0.4 Guest disagreement 0.2 Codie pushing back 0.6
speaking balance: gold is Codie, purple is the guest (3 minute bins)
Sharpest disagreement ▶ 2:36 TikTok creator vents about 9-to-5 commute exhaustion
The creator rejects the standard corporate 9-to-5 schedule, expressing frustration over commuting and having no energy left for personal life.
Hardest push from Codie ▶ 25:15 Codie rejects the low-stress means low-pay assumptionCodie directly rejects the premise of the question, asking 'what if it was easy' and showing how project-based billing prevents taking a pay cut.
Biggest teaching moment ▶ 22:15 Co-host explains real-world breakeven economicsThe co-host clarifies that reaching profitability required upfront capital accumulation and pre-purchasing equipment before leaving her full-time job.
Codie holds their own ▶ 11:10 Codie demonstrates negotiation leverage via shadow influenceCodie delivers a masterclass on compensation leverage by depersonalizing salary demands through market benchmarks and third-party constraints.
the scores for every segment, with the reasoning behind each
| Chapter | Topic | Codie as informed peer | Guest teaching | Guest disagreement | Codie pushing back | Why |
|---|---|---|---|---|---|---|
| Welcome to The Big Deal Podcast | 7 | 0 | 1 | 1 | Codie introduces the show, plays a viral clip of an overwhelmed entry-level worker, and delivers an extensive monologue dissecting why initial corporate jobs feel banal and comparing entry-level work to the DMV. | |
| Job Hopping to Beat Inflation and Advance Careers | 8 | 0 | 0 | 0 | Codie cites the Federal Reserve Bank of Atlanta report showing job hoppers beat inflation at higher rates and breaks down moving upwards across job bands rather than jumping laterally. | |
| Salary Negotiation Strategies and the Shadow Influence | 8 | 0 | 0 | 0 | Codie outlines specific salary negotiation tactics, referencing Chris Voss, understanding market rates, and leveraging shadow influences like external market data and family commitments. | |
| Setting the Stage for Successful Pay Raise Conversations | 8 | 0 | 0 | 0 | Codie illustrates negotiation timing using the concept of set and setting, contrasting an unrealistic part-time editor demanding 200k with someone tying requests directly to recent wins. | |
| Escaping Toxic Bosses and Transitioning to Entrepreneurship | 7 | 0 | 0 | 0 | Codie explains how toxic bosses catalyze entrepreneurship and recounts leaving First Trust after replacing her monthly nut with side business cash flow. | |
| Audience Q&A: When to Pivot or Cut Side Hustles | 7 | 2 | 0 | 1 | Codie discusses giving side ventures 90 days to achieve product-market fit, while the co-host provides real-world context regarding keeping a P&L and saving upfront for equipment. | |
| Reframing Career Stress and High-Income Trade-Offs | 8 | 0 | 0 | 3 | Codie challenges the listener assumption that lower stress requires lower pay, suggesting project-based consulting and productized services instead. | |
| Resigning with Class: Extended Notice and Bridge Preservation | 8 | 0 | 0 | 0 | Codie argues against burning bridges when resigning, advocating for giving four to six weeks notice, training successors, and maintaining long-term investor networks. | |
| In-Person Synergy versus Remote Isolation and Re-skilling | 7 | 1 | 1 | 1 | Codie argues in-person work drives superior career growth and motivation, while the co-host shares her hybrid model and the discipline needed to work remotely. | |
| Navigating Workplace Grievances and Avoiding the Victim Mindset | 8 | 0 | 0 | 0 | Codie shares an HR dispute where a departing employee claimed unfair compensation, emphasizing performance metrics over identity grievances in sales organizations. | |
| Leveraging Brand Prestige and Crafting Flawless Handover SOPs | 7 | 1 | 0 | 0 | Codie and the co-host explore the enduring value of brand prestige on a resume and the strategic power of leaving comprehensive SOPs when exiting a company. |
Statements from this episode (23)
Sanchez: First jobs crush workers through banality rather than difficulty
“That is what they don't tell you about your first job, is that it won't actually crush you with the difficulty. It'll crush you with the banality and torturous meaninglessness of it all, because you don't get the right to earn to start. And even worse, you don…”
Sanchez: Enduring boring early jobs is the only path to high earnings
“The only silver lining is that if you get through this all, the eye-numbing boredom, and you prove that you are not just okay but great, you will eventually get to do things you love and make more money than you ever imagined. However, it will feel kind of lik…”
Sanchez: Atlanta Fed data shows 49% of job hoppers beat inflation
“A study showed that job hopping beat inflation for 49% of job hoppers based on a Federal Reserve Bank of Atlanta report. For those that stayed, only 42% got inflation beating raises.”
Sanchez: Focus should be moving workers out of minimum wage jobs
“We shouldn't be trying to raise the minimum wage. We should be trying to get people out of minimum wage jobs. That should be a stepping stone to a higher level job, and we should have more advancement in our careers as opposed to stagnation and expecting the s…”
Sanchez: Job hopping should always be vertical rather than lateral
“I think job hopping is totally fine, but it shouldn't be lateral. So lots of different ways for you to jump a job. You can jump a job from side to side. You could jump a job from up and down, and you want to make sure that as often as possible, you're jumping …”
Sanchez: Only 30% of People Negotiate Salary Annually
“I think there's something like 30% of people that will ever negotiate their salary on an annual basis. 70% of people just will never do it.”
Sanchez: Negotiating Existing Salary Is the Easiest Income Boost
“It's the easiest way to make money is to make more money doing the current thing that you're already doing with one or two conversations.”
Sanchez: Use 'shadow influence' to negotiate salary without seeming greedy
“If you want to make more money in negotiating a salary when you're jumping jobs, one of my favorite ways to do that is using what's called a shadow influence.”
Sanchez: Asking for raises triggers defensive instincts unless framed collaboratively
“It's always going to annoy your boss, because what are you doing? You're just saying, like, I want to take more money out of your pocket and put it into mine. And, like, we're humans, and so that's how they're going to respond to you, at least physically. So, …”
Sanchez: Most online creators telling people to quit are unemployable
“Most people on the internet are literally unemployable. Like, they've never had a real job. They don't understand people who have jobs. They tell you guys every single day why you should just quit and go all in, and it doesn't matter, and they've only ever bee…”
Sanchez: Resigned only after side business income covered living expenses
“What I ended up doing is I finally decided that I would leave the company the second that I made enough money that I could replace what my monthly nut was. So the amount that I had to make every month in order to get my expenses covered. And so I started doing…”
Sanchez: Bad bosses are the number one driver of great entrepreneurs
“I think bad bosses are the number one reason there are great entrepreneurs, and if there are less bad bosses, there'd be less great entrepreneurs.”
Sanchez: Failed three times more businesses than she succeeded in
“I've failed, like, three X the number of actual businesses that I've succeeded in.”
Sanchez: Pick side hustles slowly and abandon them quickly without PMF
“Pick your side hustle kind of slowly and bail on it quickly if you see that there's not product market fit.”
Sanchez: Service businesses yield the fastest cash-on-cash returns
“If you're a services based business like you are, so that means that you're trading, you know, your skill set and time for somebody else's dollars. Those are the fastest businesses that, you know, give you your cash on cash return right away, like give you you…”
Sanchez: Was earning around $1M annually before leaving corporate job
“I was making maybe a million bucks before I quit.”
Sanchez: Lowering Job Stress Does Not Require Accepting Lower Pay
“You've said a statement that I am not sure is true, and the statement is, That no matter what, in order to have less stress, I need to make less money. I would say back to you, what if you don't? And what if it's in fact easy for you to not do that? And so onc…”
Sanchez: 60% to 80% of workers regret leaving previous jobs
“Because we found some statistics that basically show that upwards of 60, 70, or even 80% of people regret leaving the job that they had previously.”
Sanchez: Young, hungry professionals should avoid remote jobs and work in-office
“I think if you are young, Hungry, and you want to make big moves, and make a bunch of money, you should not take a remote job. You want to be in the office.”
Sanchez: Re-entering the workforce after a gap requires outworking everyone else
“I think if you haven't played the game in a while, you have to play harder than everybody else and longer than everybody else, and there's basically no other way around it. If you want to get back in the game of being an employee, you can play harder than the …”
Sanchez: Playing the victim card at work damages long-term career prospects
“It really never ends well if you use the victim card. Your bosses are going to remember. It's not going to get you ahead long term.”
Sanchez: Working at prestige brand companies elevates reputations for decades
“If you work for a big company or a company with a good name, that can last you
Like, decades. I haven't worked at Goldman Sachs since, like, 2008, and I was, like, a peon analyst nobody back then, and yet the first thing people say about me still is that I wor…”
Sanchez: Creating SOPs when resigning builds portable frameworks for future roles
“You can also leave your mark on an organization for years to come if you do SOPs of what your job is. Like, if you uniquely tie it up, one thing that I didn't realize back in the day is uniquely tying it up Also gave me the frameworks to then use in my next jo…”