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How Codie Sanchez Built a $50 Million Portfolio of Boring Businesses, and the #1 Skill to Learn in a Recession

Founder's Journal

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The Best Negotiation You've Ever Done

When I think about one of or some of the best businesses that I've bought, it's because I had $0 at risk and I was able to buy a business based on how much I had shown that I was capable of running. And so you're going to make more money by having me take over than you right now. Plus you're like miserable and tired. So why don't you give me the business for basically $0? If I mess it up, I'll actually just hand the business right back to you after 12 months. That's going to be just really good. The best deal I've ever done.

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