Business Buying Academy

How To Go From $0 To MILLIONS In 2024 - Codie Sanchez

9 snips
Apr 17, 2024
Codie Sanchez, Founder of Contrarian Thinking, shares insights on making a million dollars, the value of creating content, focusing on business priorities, exploring franchise opportunities, building a team of A-players, and advice for content creators. The episode delves into wealth accumulation strategies, choosing successful business models, harnessing attention for investing, fostering creativity in content creation, and optimizing hiring strategies for success.
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INSIGHT

Cash Flow Beats High Salaries

  • Cash flow is the key to making a million dollars, not high salary alone.
  • Invest earnings into cash-flowing assets that compound and can be exited at a multiple.
INSIGHT

Pick Games With Better Odds

  • Startups offer high upside but lower probability for a first million.
  • Buying proven small businesses often gives higher odds and steadier returns.
INSIGHT

Audience Is A Strategic Asset

  • Attention is a rare, non-commodity advantage compared with capital.
  • Building audience reduces deal friction and dramatically increases trust and deal flow.
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