Share this page!

Codie Sanchez 💥 Profile picture
Twitter logo
25 Oct, 11 tweets, 3 min read
I get DM's from investors with one main problem.

Here's a list of public places to buy businesses…
1 - @Flippa

The largest marketplace for online businesses.
Personally they’re my bet on who will win in the biz buy sell marketplace category.

Lots to comb through, lots to due dili but similar to MLS.
2. @BizBuySell

Largest platform for brick and mortar businesses.

Hell to get financials and details from a wide array of brokers but great reports and widest offering
3. @EmpireFlippers

More like a curated list of businesses with more diligence done on financials etc.

Less to comb through but slightly more expensive.
4. @LoopNet

More for assets that have RE attached to them like mobile home parks, rv parks etc etc

Lots of gems, lots of not.
5. @microacquire

Ecommerce marketplace with really solid UI and Andrew it’s CEO is a force.
6. Duuce

This is a very niche site for buying and selling newsletters.

Love this idea
7. @franchisegator

Site for buying franchises in particular.

Not my speciality but I’m intrigued lately on a few opportunities
8. @BizQuest

Similar to biz buy sell for buying brick and mortar businesses.
There are about 187 more places but here’s where to start.

Setup alerts.
Spend 20min a day perusing
Get comfortable searching.

Repeat.
If you like this list you’d love what we do at unconventionalacquisitions.com

Get on the free list by clicking at the top for a list of 200 ways to buy a biz 😬

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Codie Sanchez 💥

Codie Sanchez 💥 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Codie_Sanchez

Codie Sanchez 💥 Profile picture
24 Oct
🚨 AMA: buying or selling businesses, investing, turning liabilities into assets.

Drop your qs for me and I’ll turn them into a thread of responses.
#1 IRL or Online Bizs Best?

I buy in real life brick and mortar boring businesses for immediate cashflow because I don’t want to build them.

Then I build online businesses because I find it fun.

9x out of 10 before I build something I ask myself, can I buy it instead?
#2 What if your biz operator or seller gets lazy after acquisition?

The seller will. Don’t keep them in the business long term if you’re a majority owner.

Show me your incentives and I’ll tell you your future. They were ready to sell meaning they’re ready to slow.
Read 6 tweets
Codie Sanchez 💥 Profile picture
21 Oct
In August of 2008 I was a college grad.

No job.
Didn't want to be a journalist anymore.
No money.

I knew NOTHING about $ or investing.

I even called a 401k a 4-zero-1-kay. *Still reasonable in my mind*

Lessons learned to 8 figures & being my own boss... ImageImage
First *It Doesn't Matter Where You Start

My family had lil $.

Investing? What's that.

My mom = special ed teacher for 30 years.

My dad street smart (successful now) but the hard toiling way, no college.

We thought a motel by the beach was the Ritz (I still kinda do).
Second *Fancy colleges aren't necessary

I went to ASU for undergrad. Yes, Arizona Sun Devils.

Read: a party school w/ classes I took like intro to Elvis. I swear to God real class.

Lord help me if anyone finds photos from college. I fully leaned into the ahem "experience." Image
Read 12 tweets
Codie Sanchez 💥 Profile picture
19 Oct
*2nd order thinking* framework that'll change your life:

The smartest people use 2nd & 3rd order affects to make decisions.

Every action has a consequence, each consequence has another.

A thread on a framework used by billionaires to see into the future:
@howardmarks - Billionaire
Warren Buffet - Billionaire
@RayDalio - Billionaire

All credit 2nd and 3rd order affects with much of their success. Image
What is it?

First order thinking you consider the intended and obvious implications of a business decision or policy change.

Second order thinking is tracing down and unraveling the implications of those first-order impacts.

Aka few do this... Image
Read 15 tweets
Codie Sanchez 💥 Profile picture
14 Oct
We launched a course and made $82,700 in 4 weeks...

Our model was do a thing (create a $1M newsletter biz), then create a course on how you did the thing ($1M newsletter course).

Here's what we did right and wrong so you can copy us:
I was clueless when I started Contrarian Thinking.

How clueless?

Like grope-in-the-dark-and-bang-your-shin-against-the-couch clueless.

A one woman show who had a full time job and no idea about internety-things.
So I got started and tried a bunch of things.

Many things worked well, but lots of other attempts failed.

So when contrarians began to number in tens of thousands and we began to hit 5, 6-figure months in revenue, all within a year, I figured was doing something right.
Read 22 tweets
Codie Sanchez 💥 Profile picture
14 Oct
My last deal I spent $23,700 on legal fees.

But they saved me potentially 6 figures +

As much as it pains me, don't skimp on the law

How to hire lawyers that are pros w/o breaking your bank acct

A THREAD:
I asked a guest to come on today for this thread: @SMB_Attorney

- is giving us his secrets as an attorney... for what a GOOD attorney can do, and what to ask for from yours...
Hiring an experienced but reasonably priced lawyer for your deal is a mission-critical task.

As a veteran searcher recently put it, every buyer pays for legal in the deal cycle....

It's just either upfront to a good attorney or after closing in regrets.
Read 19 tweets
Codie Sanchez 💥 Profile picture
13 Oct
An investment syndicate that actually cashflows?

No waiting for 10 yrs for a startup IPO 🤞
No hoping your companies don't run out of VC's to pump $
No 100x, just slow & steady cashflow

My lane is boring biz's, profitable, straightforward and we help 'em grow.
I'm thinking of allowing investors into deals for the first time. Most biz's are my $, or big investors.

Twitter thoughts? Would ya'll theoretically be into it?

Needs:
- accredited
- prob need $25k+ to play
- not be obnoxious
- understand investing is always risky
Also, fair warning if I did this, it'd be:
- small investor base
- very regimented w/ set investor communications
- no 1-1 calls/emails
- no pitches
- quarterly updates
- team in place for IR not me

I ran institutional inv biz's for a long time. Not doing that again :)
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @Codie_Sanchez has new unrolls!

Check out other threads from @Codie_Sanchez!

Read all threads by @Codie_Sanchez

:(