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@belligerentinstigator944

5 ай бұрын

I enjoy 21:10

Codie is talking about PEFs. A new book “These are the Plunderers. How Private Equity Runs - And Wrecks - America." It's about private equity firms, PEFs, which buy companies, then lay off employees and cut costs and services in order to expand profits. The ultimate goal is to sell off the newly acquired company in a few years, scoring a big profit for the PEF. They also do this with Nursing Homes. PEFs have savaged the retailing industry in recent years. You may remember the bankruptcy of Toys"R"Us. They are doing this with nursing homes too.

Owner financing is a great idea, Coffee industry, Mobile Food & Franchise ... 👍😉 My brother is in Commercial Real Estate, just sold a restaurant to the new owner's but they don't live in the area & their letting him manage it with the same employees. We thought about a few reliable individuals within the community that have their own mobile food business & let them utilize the restaurant for breakfast & barbecue in the evening and they can split the lease payments. The whole point to this is to help others within the community to be able to afford leasing the business between two individuals with two different ideas while the owner receives residual income and the business stays open.

@danf4447

10 ай бұрын

when you have to take on financing as an owner..and take on the risk there is usually a REASON you have to do that. Real cashflowing businesses ( a taco bell on a busy street) dont do owner financing because they dont have to.

Best quote that I've heard in a long time. "I talk about getting money quick because it's a trojan horse to get yourself free. The more free humans we have, the better society we have." I'm sold.

Love the collab! You and Codie always put up amazing contents. Bravo to both of you!

I love this! I think my business is a bit of both of yours combined. My business is online like yours but I deal with Local boring businesses like your guest does. Win/Win! and yeah I make money!

awesome content! thank you!

Her advice sounds too good to be true. Also when you work in that area before you have a better understanding of the risks. Not something an average joe could repeat easily. I would stick to Steve’s advice about e-commerce. Buying businesses is something that comes later. My opinion only.

@keith4669

Жыл бұрын

I agree completely! I like Steve's strategies because they are sound strategies. I trust Steve's opinion so maybe id give Codie a second chance but i agree with you that her strategy is better for someone who already has business experience

@bigdreams5554

Ай бұрын

She was trained at a private equity firm, so she knows what she is doing. That's a big plus. However, it is still an option for people so still worth thinking about. But if you can't balance your checkbook, buying a business probably not for you.

Great interview!

Grazie per la svista , donna molto attraente , ti seguo molto con attenzione , ho molto da imparare per iniziare un attività on-line le tue testimonianze sono decisamente interessanti !

Do you have an EIN/TIN for each different company?

Hi there. What is yr 10-11 income sources

Start a business and if you decide you don't like it transfer the assets to a new business or better yet call her and she will buy it for pennies on the dollar!

Yup you two need to work together. your strengths compliment each other. Now, as for me am swamped with loads of business ideas (mostly on the ecommerce end) - because like you being around people makes me nervous. however, Hearing Codie made me have second thoughts. if i could start with something that could immediately bring in even $4000 cashflow i would be happy 😋 Thank you for this Info, really helpful

She is amazing

What was he buying from Craigslist?

what about a franchise?

What company would want to sell their business for 25k? what state?

@gracie2375

Жыл бұрын

None. She’s selling hype to get people to her website so you can join to get her precious info at a monthly cost.

"craigs list" everyone selling their ???? Why was that "blanked out" ?

@TarylWalker

Жыл бұрын

Something computer related

So what event did you guys meet at?

@mwathani1

Жыл бұрын

ONLY FANS BUSINESS 🤣🤭🙈🙊

Cash cows are boring businesses

If only I loved to work as much as she does:-)

but a lot of people are not skilled in those areas.

"You like money? I like money too... we should be friends..".. "...like what's in the toilet?" ( Idocracy- movie)

well most people would rather chew off an arm than go sit in a ditry smelly maybe unsafe overpriced laundromat.

I dont trust Codie Sanchez. Her business practices are not very sound. Be very careful with her advice because a lot of business experts explain that her methods dont make good business sense. I remember watching a video explaining her laundromat purchase and the guy went over the numbers and said her claims are not possible.

@mywifequitherjob

Жыл бұрын

What's there not to trust? We've met and we have many mutual friends. She does what she says she does

@keith4669

Жыл бұрын

@@mywifequitherjob hey methods seems very risky. I would love to see a counter argument to the critics. I am interested in what she is saying though to be fair.

@manwej

Жыл бұрын

kzread.info/dash/bejne/qatourSyfcquorw.html that’s the video I think

@keith4669

Жыл бұрын

@@manwej yes thats the one!

@imthexman

Жыл бұрын

Agree, she sound very convincing due to her speech skills but most of these "gurus" main source of income is social media or their bs courses they sell so you be the judge. "buy a company for 25K and offer the owner 25k/year to stay with the company" lol

in other words..the sellers time is only worth 25K per year!! from a business they are trying to get out of !! and they wont even be in charge ..and wont have a say !!>.omg what a loon. if you find someone like that run they are too dim witted to have a decent business

@shovelheadseven

Жыл бұрын

It's like she gets the business and for chump change doesn't have to train anyone

have you seen her books? audited financials? ANYONE can say they make (net profit?? gross?? ) 50 MM with no proof. ask yourself this: how many young people do you know not in tech who got rich young? and if she has so much money why is she spending her days plastered all over youtube and instagram? would you do that if you were making 50M?

In reality fast talking sales pitches that promote human trafficking schemes are illegal. Nobody has any right to suggest eliminating people who don't agree with witchcraft and terrorism against victims...

Like so many e-biz made it rich stories, she is making her money selling the ideas online . “Join” her for a monthly fee , pay for my courses and you too will make lots of cash…. Yeah right