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Codie Sanchez 💥 Profile picture
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7 May, 7 tweets, 3 min read
New faces here so:

Who the F am I & lessons from running 3 funds w/ $1Billion+ in AUM:

1) If you want:
- ideas on boring $ businesses
- roadmaps for investing unconventionally
- pushback on idiocy

We might be buds, a 🧵:
2) I sit on the board of a $200M Cannabis fund & am a partner (EEC)
- Done 67 deals to date
- Truth: cannabis is HARD. Not a fast way to make $. Need great operators and lots of oversight. We do deals $10-50M+ in ARR.
Lesson: They really do let anyone get featured 😂
3) On the board of a $6.5B+ HF (I'll keep 'em private bc ya know WallStBets)
- These guys are so smart it's painful
- Why I don't play public markets... if I have to compete vs them, no shot
Lesson: Don't play other people's games
4) Built a 1B+ AUM biz in Latin America at First Trust
- Got a shot bc no one else could or wanted to go Col, Chile, Brazil, MX
- I was nervous to fail. Used JV's & M&A to 10x it
Lesson: Go where others are scared to. Literally or figuratively. Chaos = compensation
5) I run a newsletter called Contrarian Thinking.
-Think critically, cashflow unconventionally
- Have 10's of thousands of u on there
- Started in a pandemic, 1/3 out of work I think humans need MULTIPLE income streams
Lesson: No freedom, w/o financial freedom
6) Have a Mastermind/Course Biz on M&A @UAcquisitions
- Taught 100's of homies how to use SBA, seller financing to buy biz's
- Run by my cofounder @iamryansnow
Lesson: WAY EASIER TO BUY YOUR PROFITS THAN BUILD THEM!
TL;DR

Sharing ways to cash money flow...

& Frameworks for thinking critically.

Let’s debate, that’s the only way.

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More from @Codie_Sanchez

Codie Sanchez 💥 Profile picture
6 May
We run a $200M Fund, But I have a 100K+ sub newsletter.

Grow your assets -> Growing your audience.

Here's how I got my 1st 10k subs in 30 days... A 🧵

(Next, we'll talk about how to make $ with your newsletter)
FIRST - This sh*t is SIMPLE. But it's not easy.

Framework: I Guarantee you can do this if:

Write well + shameless promoter * 30-90 day commitment
Day 1: (No One Cares ‘Cept Me)
@thedispatch launched a paid newsletter & made $1MM. Ears perked

- Spent time thinking, what gets me fired up
- Get amped from my hubs & friend… first 2 subs (takes a bow)
- Come up with name: Contrarian Thinking
- Draft a welcome email
Read 18 tweets
Codie Sanchez 💥 Profile picture
5 May
Cashflow off Real Estate the unconventional way.

Real estate foreclosures are going to go up.

Shadow inventory, which means foreclosures in waiting (aka a moratorium)

Essentially a backlog of real estate that you can get for below retail @ auction

But how? Thread:
Enter my bud, @amaconstruct:
“Fall in love with the problem. Anytime it’s hard there’s less competition, anytime less competition, you’ll get a better deal, anytime there are problems as long as you have the solutions to it you can make a ton of money. And have a LOT of fun.”
First:We’ve all heard of foreclosures.

You see them on MLS showing a bank foreclosed on property. But that's the END of the process.

REO’s (foreclosed properties listed on MLS) are competitive.

Why? MLS is easy. (& millennials might be on Zillow more than Robinhood).
Read 16 tweets
Codie Sanchez 💥 Profile picture
4 May
Best way to make more $$, keep more of what you make.

If you own a property and pay taxes on it... You're gonna wanna read this bad boy. (earmuffs govt)

How to apply for and get agricultural tax credits by selling $1500 plants a year?
If you own a home in Texas let's say it's worth $1M.
You're paying almost $20k a year in property taxes. Yikes.

So when my bud Cody told me I'm an idiot and forgot something I listened....

He said you could get 25-75% off your tax bill by selling some leafy greens...
Since Cody is no slouch - he runs multiple 7 fig businesses while hunting something like 200 days a year, my ears perked.

HE HAS IT FIGURED THE F OUT.

*then let us know what we missed* @baldridgecpa since you're the man on taxes!
Read 8 tweets
Codie Sanchez 💥 Profile picture
3 May
He makes $15k a month off plants?

Maybe PLANTS should be your next biz? Or wait for our plant tax credit play manana 😱

How to profit off plants (the legal kind 🤫):
U.S. house plant sales have increased by 50% in the last 3 years.
- collective spending value to a whopping $1.7 billion!
A $250,000 tree? Weird flex…
Apparently, mega-cars are so 2009, today = boujeeiest of zen gardens.
- WSJ says there’s an entire lux market for finding old cool trees, buying them, then shipping them to mansions & hotels.
Read 17 tweets
Codie Sanchez 💥 Profile picture
28 Apr
Another Cashflow Idea: 💸

We created a course, generated $50k in rev ($20k Monthly) PRELAUNCH, w/ no employees, investors, and really no fing idea what we were doing. Now it'll do $1M+ in ARR. @uacquisitions

Here's our blueprint, may be worth ripping off:
Step 1: Choose a topic
Framework: 4 P's find where..
- People: interested already (ie big FB groups on subject)
- Profits: ways to make people $ (we like that)
- Paychecks: peeps r spending on it already
- Perspective: you have insight, expertise, or just share as you learn
Ours is about M&A.
- 10 steps to buying your 1st biz for $100k in passive(ish) income
Why?
- People: big FB groups & a few courses (BAD ones ahem Ninja?)
- Profits: Market is RIPE, 2.5M biz's for sale in US in micro PE
- I know a thing or 7 bout that (I've done 60+ transactions)
Read 10 tweets
Codie Sanchez 💥 Profile picture
27 Apr
How to create an unfair investor advantage?
I’m no genius. But I've made a few nickles:
Built investment biz's in:
- ETFs '08: $531B assets; now $3.4T+. (540%)
- LatAM '10: $1.5T ; now $3T+. (100%)
- Cannabis '14: $3.5B; now $20B+. (471%)

A thread on getting an edge early:
Here’s where I stop being obnoxious (someone call @vcbrags already), and say how this is useful to you.

Being early can be a superpower.

When people ask you, “What? Why would you do that?”

You just may be on to something my friend.
When I first got into cannabis (and proceeded to raise a $200MM Fund in the space), my Latina Catholic mother about had a heart attack. I think she thought I did this all day?

That was a trigger..
Read 8 tweets

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