Artwork

Innhold levert av YAP Media Network and Hala Taha | YAP Media Network. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av YAP Media Network and Hala Taha | YAP Media Network eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Player FM - Podcast-app
Gå frakoblet med Player FM -appen!

Codie Sanchez: How to Make Extraordinary Wealth Buying Boring Businesses | E319

1:16:03
 
Del
 

Manage episode 453196018 series 2374135
Innhold levert av YAP Media Network and Hala Taha | YAP Media Network. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av YAP Media Network and Hala Taha | YAP Media Network eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Codie Sanchez started out on the traditional corporate path, working long hours and steadily rising through the ranks. But she soon noticed a pattern: the wealthiest people weren't just starting flashy tech companies—they were buying "boring businesses." Codie decided to break away from the corporate world to invest in steady, everyday businesses that others ignored, like laundromats and vending machines, building her wealth that way. In today’s episode, Hala and Codie dive into how these unglamorous businesses can be your ticket to financial freedom and why sometimes the smartest move is going against the grain.

In this episode, Hala and Codie will discuss:

(00:00) Introduction

(01:58) Wealth Myths Shattered

(05:55) The Power of Ownership

(10:59) True Entrepreneurship vs. Just Another Job

(15:14) Main Street Businesses: The Hidden Wealth Builders

(25:03) How to Prep to Buy a Business

(32:49) Creative Financing Secrets

(38:20) Where to Hunt for Business Deals

(43:00) Go Strategic or Diversify?

(47:42) Key Financials Before You Buy

(49:56) Scaling Smarter, Not Harder

(52:00) Plotting the Perfect Exit Strategy

(59:43) AI & The Future of “Boring” Business

Codie Sanchez is the founder of Contrarian Thinking and co-founder of Unconventional Acquisitions, focusing on small business acquisitions and roll-ups in the micro-PE space. She runs a holding company of service-based SMBs under $10M EBITDA, emphasizing "boring businesses." She previously led First Trust’s $1B Latin America business and held leadership roles at Goldman Sachs, State Street, and Vanguard. She started her career as an award-winning journalist and has since become a recognized investor and thought leader. She holds an MBA from Georgetown University and serves on boards like Permian Investment and Magma Partners.

Connect with Codie:

Codie’s Website: https://www.codiesanchez.com/#intro

Codie’s LinkedIn: https://www.linkedin.com/in/codiesanchez/

Codie’s Twitter: https://twitter.com/codie_sanchez

Codie’s Instagram: https://www.instagram.com/codiesanchez/

Sponsored By:

Airbnb - Find yourself a co-host at airbnb.com/host.

Mint Mobile - To get a new 3-month premium wireless plan for just 15 bucks a month, go to mintmobile.com/profiting

Found - Try Found for FREE at https://found.com/profiting

Working Genius - Get 20% off the $25 Working Genius assessment at www.workinggenius.com/ with code PROFITING at checkout

Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify

Indeed - Get a $75 job credit at indeed.com/profiting

Resources Mentioned:

Codie’s Book, Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses: https://codiesanchez.com/book/

Top Tools and Products of the Month: https://youngandprofiting.com/deals/

More About Young and Profiting

Download Transcripts - youngandprofiting.com

Get Sponsorship Deals - youngandprofiting.com/sponsorships

Leave a Review - ratethispodcast.com/yap

Watch Videos - youtube.com/c/YoungandProfiting

Follow Hala Taha

LinkedIn - linkedin.com/in/htaha/

Instagram - instagram.com/yapwithhala/

TikTok - tiktok.com/@yapwithhala

Twitter - twitter.com/yapwithhala

Learn more about YAP Media's Services - yapmedia.io/

  continue reading

561 episoder

Artwork
iconDel
 
Manage episode 453196018 series 2374135
Innhold levert av YAP Media Network and Hala Taha | YAP Media Network. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av YAP Media Network and Hala Taha | YAP Media Network eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Codie Sanchez started out on the traditional corporate path, working long hours and steadily rising through the ranks. But she soon noticed a pattern: the wealthiest people weren't just starting flashy tech companies—they were buying "boring businesses." Codie decided to break away from the corporate world to invest in steady, everyday businesses that others ignored, like laundromats and vending machines, building her wealth that way. In today’s episode, Hala and Codie dive into how these unglamorous businesses can be your ticket to financial freedom and why sometimes the smartest move is going against the grain.

In this episode, Hala and Codie will discuss:

(00:00) Introduction

(01:58) Wealth Myths Shattered

(05:55) The Power of Ownership

(10:59) True Entrepreneurship vs. Just Another Job

(15:14) Main Street Businesses: The Hidden Wealth Builders

(25:03) How to Prep to Buy a Business

(32:49) Creative Financing Secrets

(38:20) Where to Hunt for Business Deals

(43:00) Go Strategic or Diversify?

(47:42) Key Financials Before You Buy

(49:56) Scaling Smarter, Not Harder

(52:00) Plotting the Perfect Exit Strategy

(59:43) AI & The Future of “Boring” Business

Codie Sanchez is the founder of Contrarian Thinking and co-founder of Unconventional Acquisitions, focusing on small business acquisitions and roll-ups in the micro-PE space. She runs a holding company of service-based SMBs under $10M EBITDA, emphasizing "boring businesses." She previously led First Trust’s $1B Latin America business and held leadership roles at Goldman Sachs, State Street, and Vanguard. She started her career as an award-winning journalist and has since become a recognized investor and thought leader. She holds an MBA from Georgetown University and serves on boards like Permian Investment and Magma Partners.

Connect with Codie:

Codie’s Website: https://www.codiesanchez.com/#intro

Codie’s LinkedIn: https://www.linkedin.com/in/codiesanchez/

Codie’s Twitter: https://twitter.com/codie_sanchez

Codie’s Instagram: https://www.instagram.com/codiesanchez/

Sponsored By:

Airbnb - Find yourself a co-host at airbnb.com/host.

Mint Mobile - To get a new 3-month premium wireless plan for just 15 bucks a month, go to mintmobile.com/profiting

Found - Try Found for FREE at https://found.com/profiting

Working Genius - Get 20% off the $25 Working Genius assessment at www.workinggenius.com/ with code PROFITING at checkout

Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify

Indeed - Get a $75 job credit at indeed.com/profiting

Resources Mentioned:

Codie’s Book, Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses: https://codiesanchez.com/book/

Top Tools and Products of the Month: https://youngandprofiting.com/deals/

More About Young and Profiting

Download Transcripts - youngandprofiting.com

Get Sponsorship Deals - youngandprofiting.com/sponsorships

Leave a Review - ratethispodcast.com/yap

Watch Videos - youtube.com/c/YoungandProfiting

Follow Hala Taha

LinkedIn - linkedin.com/in/htaha/

Instagram - instagram.com/yapwithhala/

TikTok - tiktok.com/@yapwithhala

Twitter - twitter.com/yapwithhala

Learn more about YAP Media's Services - yapmedia.io/

  continue reading

561 episoder

All episodes

×
 
Loading …

Velkommen til Player FM!

Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.

 

Hurtigreferanseguide

Copyright 2024 | Sitemap | Personvern | Vilkår for bruk | | opphavsrett