The RICH don’t want you to know this

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10 ай бұрын

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If you don't know how to buy businesses, make deals or don't know anything about acquisitions, I have news for you: you're screwing up. The big keep getting bigger and it's putting our families and our children's families in a really bad spot for the future.
So today I'm going to share with you the playbook that the rich are using to keep getting richer, and how you can start taking cues from their work. You don't have to re-invent the wheel. You just have to pay attention to what the world's richest people are doing, and apply the same principles for yourself. Spoiler: making coffee at home and sleeping on your couch isn't their secret.
One of the tools rich people use is called an LBO. So what is it and how can you use it? I'll tell you in this video, but the short version is: it's a tool that lets you scale if you don't have a lot of money. These tools are available to you if you do a little leg work, and if you're watching this video, it's a step in the right direction.
I know what many of you are saying, "but Codie, the world is getting tough and I'm afraid of a recession!" You're right. And that's why I always remind myself of one of my favorite Baron Rothschild quotes: "buy when there's blood in the streets, even if it's your own."
Many people want to sell their business so they can retire, are you willing to step up, buy and be a better version of the boss you always wish you had? What would you do differently? Comment below!
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@ImanGadzhi I Read 117 Books On Money - These 17 Will Make You RICH kzfaq.info/get/bejne/ibpmiNeWr9rOqmQ.html
@JordanWelch Asking Teen Millionaires How They Got Rich kzfaq.info/get/bejne/o6-edbKgnLDWpp8.html
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All content on the Codie Sanchez KZfaq channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.

Пікірлер: 454

@CodieSanchezCT 9 ай бұрын

Don't know where to start? Get my 4-step wealth creation framework to learn what it takes to create generational wealth. contrarianthinking.biz/4step-wealth-framework-yt-lg

@dlehmann8353 9 ай бұрын

Thank you for your commitment and share

@marycordoba4291 7 ай бұрын

There was an opportunity couple years back an old lady wanted to sell her storage business for 150k and her children didn’t want it

@lorensmorris3506 10 ай бұрын

Every time I listen to her, I feel like I just been schooled in the best way. She is a straight shooter with lots of great knowledge and so generous

@nostric4237 10 ай бұрын

This was incredible valueable information. I am a concrete worker and Im allready thinking of figuring out how to buy up the ONLY 2 small concrete businesses that specialises in concrete cutting in my city. I will literally have no competition, and I have checked their numbers (its public) and the numbers are good.

@gnome2024 10 ай бұрын

0:04: 💰 The video discusses the importance of business ownership and the negative impact of limited ownership on society. 4:50: 💰 The video discusses the concept of leveraged buyouts (LBO) as a way to acquire businesses using other people's money. 9:24: 🎥 The speaker discusses the importance of being an empire builder and shares some insights from Warren Buffett. 13:53: 💼 The speaker discusses the concept of vintage in private equity funds and the importance of investing during recessions. 19:30: 💼 Small businesses are at risk of closing due to lack of cash on hand and outdated technology. 23:56: 💰 The business owner shares his strategy for acquiring more revenue through various acquisitions. 28:29: ! The speaker discusses the process of acquiring small businesses in the wash and fold space. 33:39: 💰 The highest leverage activity is cash, as it can be used to make more money work for you. 38:06: 💼 Using OPM (Other People's Money) is a viable option to close deals and buy businesses quickly. 43:30: 📚 The best way to find deals is within your personal ecosystem. 47:26: 💼 The video discusses the steps to consider when buying a business. Recap by Tammy AI

@dianataylor991 9 ай бұрын

Successful people don't become that way overnight. What most people see as wealth is the result of hard work, knowledge and action.

@dianataylor991 9 ай бұрын

I am fortunate I made productive decisions that changed my life forever through my finance-mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.

@dianataylor991 9 ай бұрын

To possibIy grow, a mentor is needful to make it a reality. I engage in aIot with the ldeas of my mentor and so far have achieved so much already.

@dianataylor991 9 ай бұрын

sear ch her full name below, if you care

@Swede.from.Boston 10 ай бұрын

3:31 Easier to buy profits than make them 8:24 Time is more valuable 9:23 build an empire

@alexanderlarsen3569 10 ай бұрын

Codie is by far my favorite of the business educator entrepreneurs. She presents information that is able to be understood and ACTUALLY applied.

@stupidpeoplefinder7979 10 ай бұрын

Stop simping

@donttruckhere 10 ай бұрын

key word educator she doesnt actually own shit

@CodieSanchezCT 10 ай бұрын

Makes my heart happy. ❤❤❤

@ardenmariemccray7700 10 ай бұрын

@@CodieSanchezCTunless I'm missing something, what I never hear you say is what do you do when your first deal doesn't work. Any insight on that? Thank you, and I love your content, and how transparent you are..

@LaerHeiSeiRyuu 9 ай бұрын

@@CodieSanchezCTdo you talk about creating funds?

@tatianaabramovskaya8765 10 ай бұрын

16:55 Never thought I'd shed a tear on a business / how to make money channel. Codie, you're a real deal.

@user-ys1di6ym2p 10 ай бұрын

Anyone who said they're going to teach you how to make money. Run away from them as fast as you can. You're their products.

@aryanchaudhary4400 10 ай бұрын

They are subconsciously teaching you their own brand. Feeding their own strong identity within you. They all are biggest____(fill the blank by your own understanding) Hell yeah, they are not gonna make your life as you want. You are the one who can change whatever you want to.

@hewavith 10 ай бұрын

Thank you Codie and team for this content.

@victoriaqiao9881 10 ай бұрын

This is so important, thank you, Codie!

@talialavor8411 10 ай бұрын

Wow. Codie. You won me over with this one. Phenomenal key note and full of true generosity.

@jacobhtorres 10 ай бұрын

Codie! All the information I need to hear! Thank you so much!

@levelupii4663 10 ай бұрын

This was super informative. Thank you, Codie! 🔥

@tomg5374 10 ай бұрын

One problem. The key message here is like use other people money to close acquisitions. What happen when shit hits the fan? You still need to pay your creditors. Also, how come laundromat ia such a successful business when it s cheaper to own and run your own washing machine at home?

@georgefontes1306 9 ай бұрын

HOW DO ALL THE THEORETICAL "FAILING BUSINESSES" THAT GET BOUGHT UP SO SIMPLY ASSUME TO BRING PROFIT? I UNDERSTAND WHAT MRS. SANCHEZ IS SAYING BUT DO NOT SEE THE TIMELINE REALLY MAKING SENSE IN THIS EXAMPLE. I MUST HAVE MISSED THIS LECTURE AT WHARTON.

@JupiterCamelz 10 ай бұрын

Amazing, as a recent first time BO, this was a great wealth of info! Thank you 🙏🏽🤙🏾

@marckuhnmak 10 ай бұрын

Great video Codie! Appreciate it as always.

@livinginmontgomeryalabama 10 ай бұрын

Always great info Codie! Thanks for sharing

@Nonybusinessxxxxxx 10 ай бұрын

All this is great... but what are some tips for an introvert who has social anxiety talking to people? 😩

@pinktink77vp 10 ай бұрын

Work smarter instead of harder. You speak to my heart❣

@alexmanga4897 10 ай бұрын

You are always on point,thank you,great help for any mindset.

@tay0688 10 ай бұрын

Information was great but literally 3 full videos are the exact same speech just at different events 👀 and they were titled differently

@larry-2 10 ай бұрын

I thank myself for never giving up even when it was very hard I kept pushing through until I made it out. My advice is that If you do your own investing, have you ever thought whether you should turn things over to a financial advisor? If you have significant assets, you have probably felt anxiety when making choices with your money. Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion. If this is the case, consulting a financial advisor makes perfect sense.

@-Fredrick 10 ай бұрын

You’re right! Working with a financial advisor will genuinely set you up for success in life. I’m delighted I was able to hire a financial advisor named John Desmond Heppolette, earlier this year. while others were grumbling about the downturn in the markets due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone.

@luis-gabriel1 10 ай бұрын

John Desmond Heppolette has been a significant step in my financial life journey, providing valuable knowledge, actionable advice, and motivational content. His supportive community has boosted my confidence, work engagement and has inspired me to strive for excellence. His assistance is a secret weapon for great financial growth, and his online presence is a must-see for anyone looking to improve their financial situation.

@kenthendrix. 10 ай бұрын

Absolutely! A financial advisor can help you create a tailored investment plan that aligns with your unique financial situation and goals.

@yvexraine 10 ай бұрын

We must protect this woman at all costs!

@DanXRP 10 ай бұрын

Great knowledge video Codie.

@Truthhurts808 10 ай бұрын

You’re so passionate and funny too.😂

@Bobby-bo3zc 10 ай бұрын

"Pension" you out. Is the term I use. Helping older guys in my industry that have NO retirement income

@RahmaMahmoud-fj1bg 10 ай бұрын

Thank you codie. Can you make info event management business plz.

@lani0 7 ай бұрын

7:42 getting real right there

@yergosly 10 ай бұрын

Thanks for the insights and coaching

@karlscherrer128 10 ай бұрын

Wow, I bloody love this woman!

@sophiacarvajal6062 9 ай бұрын

I just subscribed to your channel after I watched your interview with Stephen Bartlet (It was amazing, btw!), and I'm glad I clicked on this video because it (is GOLD) gives me hope for breaking those mental barriers to actually start searching and investing/own small businesses in LatAm! Thank you, Codie!!!!

@bitKitty 9 ай бұрын

Yes! That was amazing!!

@Scorpio77902 10 ай бұрын

Thx Codie. Awesome as always! ✌🏻 💪🏻💯

@ZeAmigosUnited 9 ай бұрын

One of the best videos I’ve ever seen. Thank you.

@Lucian-rv6gc 10 ай бұрын

I just ... LOVE YOU ! Thanks

@hassanabdulnabi8306 10 ай бұрын

Wow, Couldn't look away for a sec.... talented speaker and valuable knowledge

@homeofthehustle 10 ай бұрын

Good shit.

@fantastikfanatic1900 10 ай бұрын

Thanks for thr pep talk Jessica Alba

@lilianasosa8725 10 ай бұрын

This is gold! ⭐️ Thank you so much for everything you do, Codie! ❤

@nicolascartes781 10 ай бұрын

I love seeing how she has refined this over time. Incredible content

@gregg2097 10 ай бұрын

low end, because she can not express her self with out swearing

@JohnSmith-kn5wt 10 ай бұрын

Not to be a hater, but times are certainly changing when a woman can take the stage wearing a shirt that is too small, pants that don't fit, has a mouth like a sailor and can garner this much attention about money. Yes I am old school and you may disagree but presentation and delivery make the (wo)man and this is not it.

@user-tl2ln9rf2s 9 ай бұрын

Thank You for Sharing! 🙏

@michaelserrano4412 10 ай бұрын

Thanks Sis

@iancoles1349 10 ай бұрын

Couldn't give a toss what the rich don't or want.

@brandonallen9853 9 ай бұрын

Thank you! Tell me more!

@erinjk123 10 ай бұрын

Love you. Was feeling this.

@otisussery9124 10 ай бұрын

Give Us A Fish" You Feed Us For A Day " Teach Us How To Fish You Feed Us For A Lifetime ! And By Doing So" You Change The World ,Make It A Better Place. Thank You !

@abellara9169 10 ай бұрын

Thanks Codie 💪

@JnFalcon 3 ай бұрын

This is great, I will watch it multiple times!

@studiobvisuals 6 ай бұрын

This is the best information youve given thank you

@whattheflorida7159 10 ай бұрын

Good video and from experience it usually better to create you're own bussiness but be very careful.

@skittlesgarage 10 ай бұрын

Codie is awesome. I really enjoy her content. As a former Investment Banker in M&A, I love her training on buying a business as opposed to building one. She’s truly unique.

@ZokcoPokco 10 ай бұрын

I'm in awe! What a woman! And smart too! 🙂

@nickfrederick9884 10 ай бұрын

@icegelofficial 10 ай бұрын

Your great thank you you own my eye

@TAISUSA 2 ай бұрын

You captivated me with three videos, 24 hours ago, which I've watched repeatedly! I'm learning and growing and excited to take my financial future into my own hands.

@thewizardsofthezoo5376 10 ай бұрын

Lead-time response is most important metrics, she is right. The problem is small home improvement companies usually rely on human resources, and that can easily go on their own, that's the hard thing to find at least in the UK.

@nathanielesau9659 10 ай бұрын

Hey Codie, I want to get into your masterclass tomorrow but, it wont let me reserve a spot.. Is is full? I appreciate you and we have the same mentality and drive to create the leadership mindset of the next generation. I just want to serve.

@lindahillan712 10 ай бұрын

You so ROCK Girl 👍

@RachelCharles789 10 ай бұрын

I loved accounting & I LOVED MATH!! 😂

@cletusthemysterious 7 ай бұрын

I excelled in accounting in high school studying that in college now

@the_night_sky777 10 ай бұрын

Codie is my business crush 💙

@Happypandabear 10 ай бұрын

This AMAZING woman❤❤❤! Love her!!

@nathananderson8720 9 ай бұрын

This is one of the channels that gave me the courage to start my KZfaq channel 8 months ago about self development. Now I have 771 subs and > 300 hours of watch time. I know it’s not comparable with others but I’m still proud I started because I’ve been learning so many lessons that I could haven’t learned without getting started in the 1st place.

@leahogrady9388 8 ай бұрын

As someone who has wanted to start a KZfaq channel, I think you’re amazing!

@nathananderson8720 8 ай бұрын

@@leahogrady9388 Whoever you are, I don't know you personally but I can say that you're one of the non-judgmental and open-minded people who is not fixated on tangible or external factors in order to learn from someone like me. Just because someone doesn't have a piece of paper as a credential, doesn't mean that person is not entitled to share personal experiences with the hope & intention to inspire others. Keep up with whatever it is that you're doing to improve mankind or improving your life even to a slight degree each day. This is just one part of a bigger puzzle for creating my KZfaq channel about holistic health. I literally could have died back when I was 14 years old due to major depression but here I am right now replying to you, a KZfaqr, who's full of fulfillment and dedication to help others to be a better version of themselves. I ain't better than anyone else but my old self. That's all that really makes this KZfaq thing more meaningful and enjoyable. Thanks so much for your support! I am hoping that you can join me with this endless personal development journey! :)

@madamcjwalker67 10 ай бұрын

This may sound shallow but I'm concerned about the pants rolled up at the bottom fashion situation. She says she has a Master's Degree & PhD so it seems like a calculated move to appeal to lower/middle class ppl by dressing like a high classes farmer.

@JourneyWithUs13 10 ай бұрын

❤Boss 😊right here Thank you

@albertocantu1408 7 ай бұрын

Codie, i think that buying a competitor is more of a horizontal integration and buying a supplier (soap) would be a vertical integration, in this case backward vertical integration.

@teddymoore9938 10 ай бұрын

Thank you Cody that was unbelievable great information on acquisition and attaining existing business! Thank you! Thank you! 🙏👍👏👏👏👏👏👏

@zelowatch30 10 ай бұрын

Codie plz block the scammer bots!

@CodieSanchezCT 10 ай бұрын

Working on it as we speak!

@butwhytharum 10 ай бұрын

She's paying them...

@Goldy8686 10 ай бұрын

Codie this was simply amazing. Easily well formatted and digestible.

@michaelandujar8109 9 ай бұрын

Great video yhank you ❤

@johannydiaz7306 10 ай бұрын

Love this video God bless you all 🙏🙏🙏🙏🙏🥰🥰

@SteviusMaximus 10 ай бұрын

Love this! Thank you Codie.

@Gmail-realcodiesanchezz360 10 ай бұрын

Get in touch ❤️

@user-vk3lk1zf3g 2 ай бұрын

The rich 100 years ago were concerned about what the average person thought about them because they had to (partially) share the same social space. The rich these days go to different schools, live in different neighborhoods and don't have to interact with the everyman. Even worse is the fact that the rich these days absolutely hate the average man and flaunt it constantly via revolting questions like, "Well, where did you go to school? If the answer isn't Hah-vard, then it is incorrect."

@vikpa201996 9 ай бұрын

I am gonna cry. I would assist Cody just to get her flow and be near her power and owe her my instant message in return every time she needed me

@RogueQuant 10 ай бұрын

great talk

@NWforager 10 ай бұрын

yep , lots of tradesmen and older business owners aging out and don't know anyone to take up the mantle . i really haven't seen a website with good leads yet . i guess its up to actually physically searching

@oscartijuas 10 ай бұрын

Wow ! Impressive empowered woman, deep energy and trusth, proudly latin. Greath learning and value topics. Hope you´ll visit soon México. I saw your story of how you started as a journalist and the facts of Tijuana (help people from my Tj), very inspiring; I am your fan Saludos from CDMX.

@florencemaupo6405 8 ай бұрын

I love you Codie you have just brought me back life my brain is working now for the first time I have passion I have drive most of all knowledge keep up the good work you are doing to all of us.

@GodswillOpaluwa 10 ай бұрын

Your webinar link has expired. Can we get the reply for those of us that Misses?

@DuCetteBoss 10 ай бұрын

Codie you’re such and awesome role model. Thank you for sharing this wonderful insight. God bless!

@kylecurry6841 10 ай бұрын

Codie, explaining the notion of using the sellers capital to buy out their business, in simpler terms, is this simply a matter of finding a seller, and working out an agreement to own where you commit to running their business for them, while hopefully netting higher profit gains compared to the way the owner/seller ran the business, so that in X number of years, you've covered the cost of ownership?

@jozette-pierce 9 ай бұрын

Buy at local stores. They pay property tax and local businesses support your community.

@neleacosneanu8925 15 күн бұрын

What books should i read in order to understand the financial terms and regulations?

@yeahweburnstuff 10 ай бұрын

PREACH sister! Love this Codie and your attitude about 'The few that know become the only that know.' THIS information has inspired me to go ahead back into the business world; to help my Community and our kids' future. Thank you. Besos. Antonia

@CipherForgeSolutions 10 ай бұрын

THANK YOU.

@brownlaura1 10 ай бұрын

"the hustle poor nonsense mentality that you have to sleep on a coach to make your millions" has to stop. Thank you for saying it out loud.

@captainplanet1260 9 ай бұрын

Seller finance doesn't exist in most EU countries

@diesur7126 9 ай бұрын

Inspiring video!!

@tylerlee3228 10 ай бұрын

Codie is the man

@fergusonkelechi413 10 ай бұрын

Vertical acquisition🥰

@TruongNguyen-pv1bt 9 ай бұрын

After all where is the money/fund source to acquire many businesses?

@user-xl7lg9fv2j 10 ай бұрын

I didn't become financially independent until I was in my mid 40s, in addition to owning a second house making money on a monthly basis through passive income, and I've also met some of my goals. I really hope this motivates someone to know that it doesn't matter if you don't have any of these things yet; no matter your age, you can start today. Investing can help you change your future! By participating in the financial market, I took a significant decision.

@GustavoBosco-mp9te 10 ай бұрын

I would be retiring or working less in 5 years, and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.

@CharlesBerger-rw8up 10 ай бұрын

For a successful long-term strategy, I recommend you seek the guidance of a financial advisor, Who will advise you how to buy stocks with market-beating yields and shares that at least keep pace with the market for a long term.

@WilliamHudson-lo2qb 10 ай бұрын

Very brilliant idea, I was managing my portfolio by myself using KZfaq and Incurred a huge loss which made me hire an advisor. It's been 2yrs already and I have made up to $480K in returns and would pay fully for my 3rd rental property in new york by next month.

@RuthWard-wz9mn 10 ай бұрын

@@WilliamHudson-lo2qb How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

@JamesNull-et1nz 10 ай бұрын

Presently, it is advisable for everyone to give serious thought to diversifying their income sources, those that do not depend on government support, especially given the ongoing economic challenges worldwide. This is an excellent time to explore investments in assets such as gold, silver, and digital currencies like BTC, ETH, USDT, and XRP.