Ryan Hanley
π€ SpeakerAppearances Over Time
Podcast Appearances
Yeah, I love the recommendation of buying an already operating business.
I don't know if you're familiar with Cody Sanchez's work, but she's been popularizing this idea.
as well.
She calls it buying boring businesses.
So she advocates for buying plumbing shops and HVACs and you know, pressure washing businesses and stuff like that.
And, and what I like about it is, I think for too long,
there was almost like an ego trip around.
It had to be like this and nothing against Peter Thiel because I'm a fan of him and the way he thinks, but he kind of has this, you know, be a category of one type mentality.
If you can't, you know, which I think I get what he's going for, but I also think it shuts a lot of people down who are sitting at home going, I really would like to run my own business.
I feel like I had the chops to do it, but I don't have some idea the
That's a category of one.
And I think it shuts them down where what you've just presented are ideas of, hey, maybe you see something working in, like you said, AAA cars, but now we can move that and say, okay, we can take this idea and maybe apply it to home service or we can apply it to, you know, insert other business.
But I want to go into the buying a business.
And I know you also have a venture fund, so you're very familiar with this entire game, bought businesses, et cetera.
So if I'm listening to this and I'm saying, you know what?
I've always wanted to go off on my own, but I've never had that idea.
That's been maybe a big blocker.
I just didn't feel like I had that original idea to start.
But geez, I...