Codie SanchezFounder @ Contrarian Thinking

Make 15% More Money

29 May 2023 · 1 min

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Codie Sanchez cites a study of 58,000 hours across 11 companies: sitting within 25 feet of a top performer raises your earnings by about 15%, while sitting near a poor performer cuts them by roughly 30%. Your immediate peers shape your paycheck.

Questions this video answers

58,000 hours across 11 companies.

Within 25 feet (~25 ft).

About 15% increase.

About a 30% decrease (speaker: "suffers by 30").

If you make $100,000 a year, you would make $115,000.

Chapters

Read the statistic the other day. That was fascinating. It goes back to making sure that you're with other people who have been red pilled as much as you humanly can. And the reason why is there's a study across 58,000 hours in 11 companies where if you sit within 25ft of a top performer, your performance increases by 15%. You are no smarter, you work no harder, you are no better, and you're 15% better. So if you make $100,000 a year, you're making 115,000. Now here's the downside. If you sit within 25ft of a poor performer, your performance suffers by 30. Actually, really, really matters what you listen to, what company you work for. If you are sitting right now at a company with a bunch of people that you think are not grinding and growing, not only are you upset and you don't like what you're doing and you're not making enough money, but you're actually worse than you could be. And if you're in a company with a bunch of performers, you are better than you actually could be.