Simon Squibb Codie Sanchez’s Unconventional Blueprint to Get Rich
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Dec 4, 2024 
Codie Sanchez, a multi-millionaire entrepreneur and founder of Contrarian Thinking, shares her unique approach to financial freedom. She emphasizes the vital strategy for acquiring small businesses, particularly as baby boomers retire. Codie examines the advantages of seller financing and the importance of developing negotiation skills. She also discusses aligning personal values with investments, advocating for a more fulfilling entrepreneurial experience over traditional avenues. Her insights on building credibility and personal equity are both inspiring and actionable.
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The Three Waves
- Baby Boomers own 60-70% of small businesses and are retiring.
- This creates a massive opportunity for younger generations to acquire these businesses.
No Money? Use Seller Financing!
- Use seller financing to buy businesses, even with limited capital.
- Structure deals where the seller finances the purchase using future profits.
SOWS Businesses
- Buy stale, old, weak, and simple (SOWS) businesses.
- These are easier to improve and grow, especially for first-time buyers.
