The Guest: Codie Sanchez - An accomplished investor, founder of Contrarian Thinking, and rising media mogul, Codie Sanchez. Codie took the Internet by storm with her enthusiasm (and smarts) for buying boring small businesses. In short, you’re buying the profits of an existing small business instead of starting one from scratch.
Loved this pod! Codie broke down what businesses to buy: SOWS
(Stale) = minimal innovation
(Old) = longstanding business
(Weak) = poor competition
(Simple) = simple but needed business model
Great information on how to finance businesses and creative thinking around it.
Here is Codie's Twitter
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