EP 109- Erick Sanchez: Flat Broke to 6 Figures in 3 Years
Description
In 2018, Erick Sanchez had less than $500 to his name — and decided to sink $200 of that into a ticket to a Mastermind entrepreneurial event. “My financials were not really at their best,” he says. “But I made the decision that I was going to change my life. And I wanted to surround myself with people that are up there and to elevate my life, my mind, and energy.”
Three years later, and Erick, at the age of 27, is a six-figure earner and the owner of the solar energy business. He’s “in the process right now,” he adds, of becoming a multi-millionaire: “I know that by the age of 30 if God allows me, I’ll be a multi-millionaire multiple times.”
Jumping from flat broke to successful CEO in such a short window may seem unlikely, but it isn’t Erick’s first time overcoming significant adversity. At the age of 15, he was brought to the U.S. by his mother from their native El Salvador to help him escape a life that was headed in the wrong direction, fast.
“My life at the time was completely lost,” he says. “I was lost in the streets, doing things I wasn’t supposed to be doing. That’s when my mom decided to bring me to the United States because she was afraid I would get killed.”
Making the journey by bus and foot — the latter portion of which involved being chased by helicopters — Erick entered the U.S. without documentation and understanding English. Since then, he’s been manifesting one dream after the other, from obtaining a driver’s license and a green card to owning his own company. But it hasn’t happened without hurdles.
In this episode of the Working For a Dream Podcast, Patrick and Erick talk about the choice to change your fortune and how he’s now helping others do the same.
What You’ll Learn:
- Why being a little selfish can help foster selflessness, and why Erick believes in filling your own cup first
- How Erick taught himself financial literacy and learned to set boundaries that helped him grow his net income (and not just spend it)
- How he’s turned himself into an opportunity for others outside the U.S. who are growing up similarly to the way he did
- And much more!
Favorite Quote:
“I'm a firm believer in the Five Year Rule. If you stick with something for at least five years, no matter what, once you get to that fifth year, you're going to start to see results.”
— Erick Sanchez
How to Get Involved:
Connect with Erick:
Connect with Patrick:
How to Get Involved:
Patrick Bolanos is a serial entrepreneur, business owner, and CEO of Trailer King Builders in Houston, Texas.
He was raised in Nicaragua, exposed to extreme poverty, and also had the fortune of being exposed to life in the United States traveling back and forth to both countries.
After college, Patrick’s career took him into the corporate world of banking where he learned the important lessons of understanding what you’re selling and why it’s important to believe in it.
Back in December of 2017, Patrick was fired from his job as a CFO for a Restaurant Group. With only $500 to his name, rent due, his wife, 3 children at home, and one on the way, he was forced to figure out how to pull his family out of this financial abyss that was strangling his life.
With no knowledge of how to build a trailer, Patrick simply figured all of it out and has now built it into the thriving empire of what’s now become Trailer King Builders.
United States
