How to Buy a Business for $0 in a Week

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Chapters:
00:00 - How do you buy a business for $0 in 1 week
00:56 - Finding What Biz to Buy
3:49 - How to Have The Conversation
8:18 - The Venmo Challenge
11:42 - The Personal P&L Review
16:44 - What to do on Day 1?
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Guatam Adani is the richest man in India, worth over $48 billion. Carlos Slim Helu, the magnate of Mexico is worth over $85 billion, and Bernard Arnault is richer than both of them combined. What do all three of them have in common? They bought businesses to build their empires.

Now I know what you're thinking, "but Codie, I don't have a lot of cash, how can I buy a business??" Today I'm going to break it down for you and show you how you can buy a business for $0 cash, in one week. Yes, really.

I've spent over 10 years working in finance and making money, and the skillset that changed my life more than anything else is "creative financing." If you want to know what to buy, just look at where you spend. It's the Venmo challenge: wherever you're spending your money consistently with small businesses is usually where you should reach out to the owners of those businesses.

Who are they? What do they do? What do you spend per month? What's their revenue, and finally, what's your value-add? I'll show you how to break it down in this video to determine the right business for you to buy.

Also we're coming up on our 1 million subscriber milestone. We've come a long way since our first videos on our channel and couldn't have done it without you. Please continue to spread the word and subscribe if you already haven't. What video(s) helped you discover my channel? Comment below!
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All content on the Codie Sanchez YouTube 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.
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Ms. Codie Sanchez,
I've been watching your channel for several months. I love your story. Anyone can do this! I perceive you to be a source of inspiration. Your content is spot on, and I don't feel like I need a fancy degree in finance, banking, etc. I'm ready for the next half of my life.💸💜💯✨️

EmeraldPath
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I'm hooked on Ms. Sanchez's vibrance, wisdom, business smarts, strategies and vision. AND I've learned more from her w/ regard to implementing these strategies than I did in business school. I have an MBA. I understand the vernacular. Need to put it into practice.

lyndastarwriter
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I love this channel. You're smart as hell and have widened my visions of possibilities

universesounds
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Priceless!!……love this!…..love you Codie!…..Soo fricking smart!…..thank you for inspiring us to go for it!!💕

vpyhvog
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This is dope!! Ty I’m meant for marketing and elevating others lives because the joy I realised it brings me. After 4 years of being a special education teacher

Gfysdegen
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The work you’re doing is so incredible, I’m so thankful to have access to it. Looking forward to learning from you and your programs

maddiepriede
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I'm not quite ready to take the plunge yet, because I'm focused in another asset building endeavor. However after I get a handle on my current challenge, this will be my next hill to climb. I LOVE Codie's content! She will definitely be a primary source for ANYTHING I do related to buying businesses.

EIStudent
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The KEY is knowing where you add value, and then how to apply it to the business to make maximum impact. Could be local marketing, finance, sales, ...

merlin
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Great information Codie. I am new to following you. I wish I had this information years ago, it would have leap frogged my success.

RJLoans
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Thank you for taking the time to prepare this video.

harleyehuffinejr
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Thank you for opening my eyes. I just realized the possibility is literally already in my possession.

markv
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Love you Codie. Your videos are very inspiring. I think you have inspired me own a business this month. I will open a business in November.

santoshchaudhary
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My three favorite channels: Codie Sanchez, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

richhands
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14:38 Sales is easy! Getting prospects to sell to is what’s hard! Please talk about how to identify people to sell to / buy from. That’s the topic where the silence is deafening.

seanwieland
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Had this exact convo with a plumbing buddy of mine 2 weekends ago. Love this. I'll hit back in 6 months and post the checkup.

billjennings
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You know, just a few more of these "guide" videos, you put out and you will soon break my hesitation of buying my first business and taking the 1st step. My hesitation is very close to getting broken. I've been watching at your videos for months. After finishing, I cycle through your videos again. One reason is my small financial vocabulary for which I'm trying to learn more words and concepts and still the confidence hasn't overpowered the hesitation.

mokshnigamsatsangi
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Thanks for sharing and for your time.🔥🔥🔥🙏🏿👍🏿

edwintepuendikum
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I LOVE this so much! I'm structuring 0% seller finance deals to purchase real estate everyday! How does this paperwork look like? I imagine a pretty straightforward agreement between Business owner and buyer of said equity? then just notarize? Thanks for tall the value!

Forwardthinkingjosh
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We appreciate you for your stellar content!

KingUnique
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👨🏽‍🏫& for all the notes you need a custom TwisT daily goals planner 😉 b4 prices go up, let me help you be organized.

motivationaltwist