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Codie Sanchez

๐Ÿ‘ค Speaker
1236 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

So let me share that with you first.

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 it'll kind of tell you what type of person can do what, because it differs.

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

basically by using seller financing.

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 can say, hey, I'd really love to buy your podcast.

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

So if you want to buy a business with $0, you can buy a business...

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

You don't want to do it anymore.

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

How about I take over the business, your business makes 100K a year, I'll pay you 300K for the business over the next three years.

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

basically by using seller financing.

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 can say, hey, I'd really love to buy your podcast.

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

You take all the profits, I'll grow the business, anything that's the Delta's mine, and I own the business at the end of the year.

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

You don't want to do it anymore.

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

How about I take over the business, your business makes 100K a year, I'll pay you 300K for the business over the next three years.

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

So that's called seller financing, super common.

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

Then you have revenue share.

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

You take all the profits, I'll grow the business, anything that's the Delta's mine, and I own the business at the end of the year.

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 might say, hey, your podcast is doing awesome, but I bet you could monetize it better.

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

So that's called seller financing, super common.

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

What if I came on board?

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

Then you have revenue share.

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

And whatever your podcast is making right now, I don't want any of that.