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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 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

But if your podcast, if I could make you an extra 20% or an extra $200,000 a year, I'd like 25% of that in perpetuity.

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

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

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

But if your podcast, if I could make you an extra 20% or an extra $200,000 a year, I'd like 25% of that in perpetuity.

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

And maybe we could negotiate for a percentage of your business, like 5% of 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

And so I don't have to put any money in, but I've just given you $200,000 more for just my sweat equity and 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 maybe we could negotiate for a percentage of your business, like 5% of 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

And you can do that same thing with profit 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 could be like, I'm not going to do it from top line 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 so I don't have to put any money in, but I've just given you $200,000 more for just my sweat equity and 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

Instead, only when you put dollars in your actual pocket, will I take 20% of the profits that I grow you.

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

And you can do that same thing with profit 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 could be like, I'm not going to do it from top line 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 I'd like to take a small piece of equity in the business too.

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

Instead, only when you put dollars in your actual pocket, will I take 20% of the profits that I grow you.

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 get to continue to be paid in perpetuity.

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 you could also say, okay, what about if you are a business right now and you have assets?

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

And I'd like to take a small piece of equity in the business too.

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 get to continue to be paid in perpetuity.