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If you’re serious about building real wealth and buying back your freedom, this 80-minute masterclass is for you. Right now, millions of profitable “boring” bus…
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Really, great content from a super smart lady. <br>Shame the business buying service is not for the UK!
Thank you for your information and guidance
What a doll.
This is a PRIVATE EQUITY video.
Codie, thank you so much for all that you do and all that you provide. On a personal note, I am age 67 and seem to have great health. For the first time in my life, my credit score is up above 800 and I am debt free. I just sold my first and only home that I purchased in 2019. I have some capital and I'm trying to choose wisely. I recently learned about you and I've been watching your videos. You are a great teacher! I wish I would have been smart like you when I was your age. Like you, my journey has made me who I am today.
I’m 49, working same job 10 years making good money but I have this strong urge to start, build and scale my own empire for personal growth reasons maybe. I’ve been thinking of idea after idea endlessly without pulling the trigger on any of them due to math not working out or other reasons. I’m at the point now where I’m thinking, should I start a car rental company which insurance is by far my biggest hurdle, but start with Turo to get my toes wet, OR…..do what codie says, buy a boring boomer business.<br>Codie Sanchez you’re a gift to the world because you help so many people. 🙏 Thank you
Can you buy a business with zero money down cause I’m broke?
Love this video I've truly learned alot. Maybe we'll do business together some day as I start my due diligence firm.
With so many profitable small businesses changing hands, do you think firms like Basis Set will start backing more search fund or ETA founders over the next few years?
Wow. You are good
This was a fascinating perspective. if some1 is acquiring a business with plans to modernize it using AI, would investors like Basis Set ever be interested, or are they mostly focused on startups built from scratch?
A lot of people get denied because they don’t apply the right way or to the right programs.
I started a yoni business <br>you should join membership
One of the best videos ever
great vid, one small thing I noticed after watching 17 minutes, debt service isn't the price that one pays to buy the business it is the cost of servicing the existing loans for which the business is responsible. And if Cody said to me "well, good catch, but I have 100 million and you have zilch, I'd have to say... touchee" lol.
What a coincidence... It so happens that one of the absolute worst things you can do for a free market economy is also... Acquisitions. 😱
BizScout Has no business in Puerto Rico :(
...
Running business from home is one of the best way to make income without saying yes to anyone.
Does this apply to buying a business in the Caribbean?
💚
SHES FULL OF BS IDEAS THAT ARE WORTHLESS
YOU SAY THE SAME CRAP BUT SHOW NOTHING OR ACTUALLY SHOW HOW TO ACTUALLY FIND GOOD ONES AS MOST ARE CRAP . OR OEOPLE YOU HAVE HELPED <br>SO THIS IDEA IS JUST BS NOT REALISTIC
This woman is either the smartest person I've ever seen, or the best salesman I've ever seen
I work for a small hvac company, the owner lives in a different city, it seems perfect. I want to seller finance the company from him. I really want to make this a reality but I don’t have the experience or knowledge. I could really use a mentor to help me out. I don’t know how to ask him respectfully. <br><br>Anyone could help me or offer advice I would really appreciate it.
My cousin laughed at me for reading Smart Broke Dumb Rich by Zor Veyl. Funny thing is he asked to borrow money again last month. I said no without any guilt this time.
Contagious energy!
I always saw myself as the responsible type. Paid bills early, worked hard, saved a bit every month. After reading Smart Broke Dumb Rich by Zor Veyl I realized I was just a well behaved poor person following rules made to keep me there forever.
For everyone in Kansas, NY, NJ, CA, MA, FL, VA, WV, Idaho, and TX all the areas I listed above are currently funded by Small Business Grant. Not loans ! I'm in KS and I got $50k as a startup. You apply with your business ein.
A lot of people get denied because they don’t apply the right way or to the right programs.<br>That part really matters. I don’t mind sharing insight with others.
I didn’t even know some of these funding programs existed until I started looking into it.<br>If anyone’s trying to figure it out, I can share what I found.
Codie is the modern day Carlton Sheets 😂 Instead of real estate 🏡, we are now looking to buy businesses. ❤ Codie has awesome energy and is very knowledgeable.
I will visit this again in a year....have to get my savings back up to where it needs to be and pay off some bad debt. Then it will be time to start rolling. Thank you for all the info.
Would love for you to run a deal through our calculator. I think it could give that extra visual component that could really help viewers understand the numbers better.
Does this work in South Africa?
Call Bill Gates, first... Then can proceed to make more money...<br>Need someone with money... Or use your best friend to make you more money, then get rid of the friendship...
Tons to digest ❤🎉
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<a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=56">0:56</a> preach 😂🎉 if you dont have the attention span to watch a long form video, you already lost ❤
What do you think about buying a business as an asset or a stock sale?
The issue I keep coming up against is that a lot of small businesses "profit" is essentially the owners salary for doing the work, and leaves little to nothing once you adjust earnings for that. <br><br>That makes it hard to pursue a multi business strategy when the business requires me to work in it full time, or make no money from it, leaving either no time or no money to pursue additional acquisitions. <br><br>This is something that isn't covered a lot if ever on these channels, so would be really useful if you could provide some insight on how you handle this or find businesses that don't have this problem at the smaller end of the market
Motivated badly to sell my house
We<br>Lost 67,000 on a sale of a property
Just found your channel today, subscribed, and I will be actively learning more, and watching more of your content. I am definitely at the point where I need to act.
I work as an engineering officer on cargo ships and been looking for ways to make money especially when I'm at home and not making a paycheck. So my wife and I will be taking all this advice and will start taking control of our finances and growing our wealth. Thanks Codie.
How do you not have more followers. You’re amazing!!!!!
Hey Codie - Thank you for this awesome and super informative video! I was wondering whether the checklist you are going through in the "Finding Your Avatar" part of the video is a resource you made available for download somewhere? (Can't find it in any of the links in the description)
I don't wanna be a d*** but the third D is numbered as 2 😂😂
codie is GOAT. love her
Thank you!
should i buy a business news set up and not have rescord for ROI . Padel courts business in south asia
The "Imputed Interest" Rule (IRS Section 483)<br>The IRS generally doesn't believe in "interest-free" business loans. If you set the interest at 0%, the IRS may impute an interest rate (usually the Applicable Federal Rate or AFR).<br>The Catch: The seller might still have to pay taxes as if they received interest, even if they didn't.<br>The Fix: You’ll need a CPA to help structure the "Original Issue Discount" (OID) so the seller isn't hit with a surprise tax bill.
<a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2745">45:45</a> she’s talking about linked in. And then says now make sure your tinder profile looks nice. 😳
How do we contact Codie
What if you want to buy a business?But you know, nothing about <a href="http://business.you/">business.You</a> know, nothing about running a business or anything like that
The pace morby of businesses
Where does AI and robots fit into this and how much are they going to affect this kind of approach to the industry?
<a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1065">17:45</a> if you’re reading this, YOU are the diamond in the rough! You are not a pebble! You are a diamond that just has yet to be discovered.
What if you don't have any xp on how to run a business?
Sooo much great information here that I have to pause and comeback because I have writers cramp from all the notes I’m taking. Just a hour of pausing and rewinding to take notes from the first 11 minutes, LOL 😂
Codie I wonder how do you get access to these data like the average age of business owners, their success rate, etc...where does she even get these verified data
<a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2340">00:39:00</a>
Stop making these fake gurus rich yall.
<a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1704">28:24</a> some of that sounds like bull shitting for … people watching this video… “I typically … etc”. People will smell that.
I would love to own and manage a convenience store
I couldn't do it...illegal immigration took over and karma is pending
Hey Codie I love your content and was recommended by you through a business program at school. I am actually honoured to be writing this comment🙏🏿 I was wondering What is the third D from this video? Was I the only one who caught this?
Do you support buying businesses in other countries such as Germany or Switzerland?
Hello Codie 😊. I owned a small furniture reselling business and I have been always interested in buying other businesses is my dream. But I am in Ontario Canada and I don’t know how to do this deals and if here is as easy as in united state. Can you or somebody in your team guide me through it
thank you kindly x
on the seller avatar checklist, you said that if a business has bad financials, that makes them a good seller. But, what I don't understand is if the business has bad financials, won't that mean the business is failing and is less likely to be profitable once ownership is transferred?
for off market deals, and taking a percentage, how do you know how many percentage to take based on the type/what you can add to their business?
My chat gpt gets a lot of things wrong and luckily I listened to my gut instinct. I’ve had to challenge it to make sure it was the right answer. If it’s wrong than it will be like of course good you caught that. If it’s right it will search for more information and tell you that it’s correct for sure. I just hate that I can’t trust it to the get the answer right now
Great Video. Thank You!
This makes me REEEEAAALLLY regret a buy I let fall through last year
Hi im new to all this but have a question do you need to have a LLC or s corp to buy business?
Hi Cody. I've found a business I want to buy. But I don't know how to create an introduction once I find them.<br><br>What's your off market strategy or letter of intent once I get in contact.
I nevr saw elon giving lectures on how to get rich <br>Course sellers all i see evry where 😂😂😂😂😂😂😂😂
If anything I be putting on the hacked phone gives someone inspiration utilize it the drawings is horrible but if got a good eye and little understanding there some good ideas the wheel kit for kayack with yoke so it's a road legal pretty much trailer with minimal material so minimal coust but for some people that's a convenience they don't want to have to live without
I don't know those big words you are using but if I can get a better product at the same price or cheaper that seems probably 🤔 a good idea for a business I be seeing 👀 things that agitate me and sometimes I'll figure out how to make the tool not agitate me anymore sometimes that agitates me almost as much as the tool did in the first place but when I actually make the tool better I'm happier for the time and usually energy saved plus it's just cool to have a tool you upgraded or designed that's one of a kind or makes someone's life better and easier
Imagined how wealthy and successful this Youtuber is and yet she still needs views, likes and subscribers. LOL
I would love to buy a business, but I feel like I have no clue how to even run a business in the first place. How would I keep the business going once I own it? I feel like I'd ruin it 😕
Timestamps<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3">00:03</a> - Acquisitions are key to building wealth, unlike starting a business from scratch.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=110">01:50</a> - Learn essential strategies to identify unique business acquisition opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=322">05:22</a> - Understanding business acquisition through probate and seller financing opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=416">06:56</a> - Seller financing provides alternative funding by bypassing traditional banks.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=622">10:22</a> - Trust and seller motivation are crucial in business purchases.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=719">11:59</a> - Focus on older, slower businesses for better purchasing opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=927">15:27</a> - Focus on profitable, manageable businesses without complex requirements.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1015">16:55</a> - Identifying business buying opportunities requires specific goals and awareness.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1195">19:55</a> - Many businesses for sale are not publicly listed or recognized as sellable.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1292">21:32</a> - Understanding off-market and on-market business deals.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1469">24:29</a> - Evaluate potential business deals using a tailored criteria checklist.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1565">26:05</a> - Effective strategies for finding on-market businesses for sale.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1735">28:55</a> - Consistent outreach and alerts are key in finding businesses to buy.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=1818">30:18</a> - Leverage accountability and community to find and buy businesses effectively.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2009">33:29</a> - Learn a systematic approach to finding and evaluating businesses to buy.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2090">34:50</a> - Follow a structured process for buying businesses efficiently.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2281">38:01</a> - Avoid brokers when buying small businesses; find your own opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2373">39:33</a> - Create customized deal boxes to find targeted businesses for sale.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2581">43:01</a> - Steps to inquire about a handyman business for sale<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2688">44:48</a> - Enhance your buying profile to attract serious business sellers.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2879">47:59</a> - Effective leadership requires talent acquisition and mission alignment, not just titles.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=2976">49:36</a> - Use technology to identify unique business acquisition opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3150">52:30</a> - Identify undervalued businesses for potential investment and growth.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3241">54:01</a> - Use revenue and margins to calculate business value easily.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3412">56:52</a> - Strategically acquiring a business can lead to profitable partnerships.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3499">58:19</a> - Learn to leverage zero dollars for business acquisition opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3691">1:01:31</a> - Engage local business owners about potential sales opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3789">1:03:09</a> - Leverage past behavior to identify potential business referral sources.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=3975">1:06:15</a> - Identify niche industry associations for unique business opportunities.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=4076">1:07:56</a> - Explore unique sources for finding businesses to buy.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=4270">1:11:10</a> - Utilize online tools to discover off-market business leads.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=4366">1:12:46</a> - Establish a systematic approach to consistently find and evaluate business deals.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=4556">1:15:56</a> - Utilize a structured funnel for effective business deal management.<br><a href="https://www.youtube.com/watch?v=3mtS8rOAqoM&t=4643">1:17:23</a> - Evaluate daily actions for long-term success and life goals.
We need BizScout for Canada
You look so much younger
I finally found a road map to money after years of studying and trial and error but I stopped and the reason why is because I think im afraid of commitment.
I'd like to learn more about how to structure the employee to owner scenario. I have an interested buyer but they've indicated the price point is higher than expected. She has worked in our industry space for 20 years but currently is unemployed. Maybe structuring employee to owner deal may fit both her and my needs.
Learning SO MUCH from your videos! Thank you. :)
Quote “The average Business Owner is 67 years old” and the deal that you are talking about is going to be Paid out over 10 years and so my question is why would anyone at the Age of 67 be willing to wait 10 years, for what essentially is their Life Savings and or Retirement!? I mean, it just seems like people at this juncture in their lives aren’t going back into business, so that 10 year timeframe doesn’t seem like that’s a positive selling point?<br>If the Seller has these concerns, what are options that you like to give them, and if this does occur quite often, then what is the rate in which the Deal goes through!?<br><br>Thanks again @CodieSanchezCT
@CodieSanchezCT<br>Thank you for this Amazing Gift on your Birthday!🤭!<br><br>I’m going to ask questions as they come to me watching this video mainly so I won’t forget but also so it keeps my mind engaged and in GoGetIt mode!<br><br>Happy Birthday Codie🙏🏽
Where can we access some of the free resources you mentioned in your video? Like the financial model and the seller financing avatar checklist?
Codie, I have followed you for a while. I have not acquired anything yet and am coming back to this model again. I want to share that I really enjoy your approach, your thought process, your creativity and your overall sincerity. It is really engaging content and I get a ton of value that is very applicable in other areas of my entrepreneurial journey!! Keep chasing the dream!!
Great video but seriously all, you should read her book on this. The video is like getting your beak wet. You need to dive in, there is so much more info that you NEED.<br><br>Read the book.
That Checklist 😊 is so powerful 😊
very refreshing listening the point of view of a girl with knowdledge in Business management, most men don't have experience on management knowdledge they just do videos withouta real backgroung, so good job!!! you know what you are doing🙂
You don’t surf. 🏄♂️ 😅😊
Save yourself 80 minutes. You don’t have enough capital. Rich friends?
Gonna save tgis and follow through
baby you grow me.
99 Comments