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Codie Sanchez

👤 Person
1229 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

that's funded from something else.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And so that's the first step.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And then what you'll quickly realize is once you buy a business and the average person who goes through our program buys a business typically in 11 months and that business is somewhere between $100,000 to $10 million in total revenue.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I can have my fuck you fund

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

that's funded from something else.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And so that's the first step.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And then what you'll quickly realize is once you buy a business, and the average person who goes through our program buys a business typically in 11 months, and that business is somewhere between $100,000 to $10 million in total revenue.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And we screen people because not everybody should do this.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And so we screen them to kind of make sure, are you sure you're ready for this?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And what I've found is what happens is you'll buy your first business and then you'll spend anywhere from 90 days to a year, a year and a half, kind of stabilizing that business, running through it.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And we screen people because not everybody should do this.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And so we screen them to kind of make sure, are you sure you're ready for this?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And what I've found is what happens is you'll buy your first business and then you'll spend anywhere from 90 days to a year, a year and a half, kind of stabilizing that business, running through it.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

But then you're going to add different, what I call revenue lines that could be income lines to an individual through your business.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

So you're going to say, all right,

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

But then you're going to add different, what I call revenue lines that could be income lines to an individual through your business.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I bought a laundromat and now I want to increase the revenue of the laundromat.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

So I'm going to add vending machines as another revenue line.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And then because I see how that works, I'm going to add vending machines for soap.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

So you're going to say, all right, I bought a laundromat and now I want to increase the revenue of the laundromat.