The RICH don’t want you to know this

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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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The BE AN ADULT SECTION 🤗
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.

[CodieSanchezCT]

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

[lorensmorris]

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

[dianataylor]

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

[nostric]

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.

[Swede.from.Boston]

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

[alexanderlarsen]

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

[gnome]

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

[tatianaabramovskaya]

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

[marckuhnmak]

Great video Codie! Appreciate it as always.

[larry-]

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.

[ysdiymp]

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.

[talialavor]

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

[livinginmontgomeryalabama]

Always great info Codie! Thanks for sharing

[victoriaqiao]

This is so important, thank you, Codie!

[hewavith]

Thank you Codie and team for this content.

[JupiterCamelz]

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

[levelupii]

This was super informative. Thank you, Codie! 🔥

[jacobhtorres]

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

[Bobby-bozc]

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

[sophiacarvajal]

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!!!!