Cody Agee thought food testing would be a good recession-resistant business to buy. 2 weeks later, one listed for sale.
Topics in Cody interview:
- Bypassing business school
- Cashing out his 401(k) without using ROBS
- Buying a food safety and testing lab
- The moat of licensing requirements
- His advantage over much larger competitors
- Adjusting purchase price based on quality of earnings report
- Finding investors on Twitter
- Personally guaranteeing the seller note
- How he uses EBITDAR vs. EBITDA
- Putting in an enterprise resource planning (ERP) system
References and how to contact Cody:
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