Codie Sanchez
@Codie_Sanchez • 706,659 subscribers
Building profitable businesses. Founder or Own: @CTVentureCap @contrarian @bizscout_ @resibrands https://t.co/GeVvWuYSgV You grow or die / #1 M&A book👇
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Amateurs want to do what they love. Pros learn to love what it takes.
Codie Sanchez103,875 görüntüleme • 4 gün önce
Capitalism believes in you and your ability. Communism believes you are incapable and unable.
Codie Sanchez179,451 görüntüleme • 12 gün önce
Meet Russell Shepard. Former NFL wide receiver who's now running a porta-potty business. Year 2 he made $1M? (more than ever in the NFL) It started when he played for the Giants. He noticed the city filled with trash at night. By morning? All gone. He knew someone was making bank on all that waste. So with his NFL earnings, Russell bought: - A vacuum truck with a 2,000-gallon tank - 125 portable toilets - 50 hand wash stations - 20 holding tanks - Some nearby land His first few months of recurring revenue: - Month 1-2: $6k - Month 2-3: $12k - Month 3-4: $18k By year 2 they'd hit $1M in revenue. Now multi-millions. How it grew so fast? reviews and referrals. His company Shep Boys manages waste from construction sites to disaster zones. Simple model, recurring revenue, commercial contracts. I will say - I've never been so close to throwing up when visiting a small business before. But Russell doesn't care what it smells like. He cares what it pays.
Codie Sanchez866,016 görüntüleme • 1 ay önce
From Hollywood assistant making $30k/year working 18-hour days to running a $9.6M/year pressure washing business. It all started when friend called him up to help with his carpet cleaning business while he was still in his day job. As you can probably guess, he said yes and worked with him for a few years. But at some point, he was ready to become an owner himself. His criteria was simple: -Recession-resistant -Huge addressable market -Fragmented industry (lots of small players, no big boys) -High margins Pressure washing checked all 4 boxes. But Aaron didn't start from zero. He found a 34-year-old business already doing $2.2M/year and acquired it. When I last saw him, he was at: 187 locations nationwide. 1000s of customers. $800k in monthly revenue. All because a Hollywood assistant picked up the phone when his buddy needed help with a carpet cleaning business.
Codie Sanchez387,164 görüntüleme • 1 ay önce
The CEO of Kickstarter on how to raise your first $100k with no money or connections:
Codie Sanchez51,555 görüntüleme • 7 gün önce
My #1 regret in life... not prioritizing marriage above just about anything.
Codie Sanchez190,507 görüntüleme • 1 ay önce
Young people today don't hate rich people they are mad that... - they were talked into too much student debt - they can't buy homes - their wages are up 2x while houses up 9-10x - inflation is eating them up and they own no assets No wonder they don't like capitalism. They haven't been able to truly participate in it yet.
Codie Sanchez100,178 görüntüleme • 19 gün önce
Maybe we should put our kids in BJJ. This study looked at Brazilian Jiu Jitsu's effect on young people. The results are incredible. Kids did jiu jitsu 1-3x per week, 45 minutes on average, and they increased their self control by double digits compared to their peers. They showed more inhibitory control - aka, less easily distracted, more focus. Other studies say the same thing: One looked at MMA vs BJJ, and the kids who did BJJ had: • Increased self-control • Increased pro-social behavior • Decreased levels of aggression Another study looked specifically at boys with autism. It found that the social + motor control aspects of martial arts have a huge effect: The group who did martial arts had a 12.79 LOWER score on problem behaviors than the control group. In a world that’s constantly trying to distract us, BJJ makes you disciplined. In a world where kids are increasingly isolated, BJJ puts them together & challenges them physically and mentally. What do you think? Would you put your kids in martial arts?
Codie Sanchez1,778,997 görüntüleme • 1 yıl önce
Meet Bob. From software engineer to making $15M a year selling shipping containers. He turns containers into homes, bars, bathrooms, Airbnb rentals (whatever people want out of them). They're built 3x faster and cheaper than traditional construction. His first year? $1.5M. What's genius about his biz is that he runs the construction company like an e-commerce store - set products, clear pricing, easy checkout. When someone orders a custom build, he turns it into a new product on the menu. That way every unique job becomes a scalable offering. A lot of his customers buy them as Airbnb investments. A ~$100k container home rents for $150-$200/night - meaning his buyers are cash flowing in months. He built an ROI calculator right on his site so they can see exactly what they'd make before spending a dollar. He also shares everything publicly - full DIY information, build specs, all of it. Sounds counterintuitive for a construction company but it builds trust and cuts his QA time because customers actually understand what they're buying. Bob’s story showed me you can get rich doing almost anything. One of my favorite interviews of my “Main Street Millionaire” series.
Codie Sanchez143,448 görüntüleme • 1 ay önce
The CEO of Replit on how to AI-proof yourself (without writing a single line of code):
Codie Sanchez162,000 görüntüleme • 2 ay önce
