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Buying Existing Businesses to Make Millions with Codie Sanchez #577

How to Money

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Are You Taking the Last Polls Off a Business?

Cody: I think the cigar butts strategy, which basically was like, can you take the last polls off a business that people aren't thinking about? Is actually a really tough strategy to do if you are not super skilled. The main strategy that I use to decide if I want to buy, keep or sell a business is just is the business worth it from an ROI perspective. Cody: For my businesses, if the business will do at least $100,000 and free cash flow to me and I don't have to spend time on the business, I'll keep it. But that number keeps creeping up and the more they ask of me,. If it's not one of

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