Codie Sanchez Profile picture
May 18, 2024 16 tweets 5 min read Read on X
We could be seeing the death of the white-collar job.

10 trends that prove the Blue-Collar Wave is happening right now:
1. 56% of Gen Z would rather turn a wrench than type in a spreadsheet.

They see:
• Insane college costs
• Rising pay of blue-collar jobs
• Less stigma on working with your hands

The Wall Street Journal calls them the 'Toolbelt Generation.' It's easy to see why:
2. College ROI is being questioned like never before

Studies show 40-50% of recent grads end up in jobs that don't use their degree.

With skyrocketing tuition and student loan debt, many are rethinking the value of higher ed altogether. Image
More and more are opting for career paths wihtout expensive schooling.

Is the college premium still worth it? Gen Z isn't so sure. Image
3. AI anxiety has workers rethinking what fields are "safe"

ChatGPT's showing how many white-collar jobs could be automated.

But plumbers? Electricians? Mechanics? Not so much.

Gen Z now believes the trades = security Image
4. Dirty fingernails are starting to out-earn clean ones

Recent construction hires saw pay jump 5.1% to a median of $48,089.
That's almost twice as fast as professional service roles, which rose just 2.7% to $39,520.

The median construction worker now earns $69,200—not far behind business roles at $78,500. Image
5. Vocational schools have soaring growth

Trade school enrollment surged 16% last year alone.

74% of people still see a stigma around vocational education—but that's expected to fade fast. Image
6. Innovative new school models are blending the classroom and the jobsite

Campuses like Opportunity Central in Texas mix academics with real-world work experience.

The future of education may look more like this than a lecture hall:
7. Retiring boomers are creating a surge in blue-collar demand

Mass retirements are leaving huge gaps in critical fields.

It's creating a desperate need for young talent in the trades. Image
8. Trades workers ARE younger than ever

The average age of electricians, plumbers, & mechanics is trending down.

This is a stark contrast to the overall aging of the population.

As boomers retire, Gen Z is stepping up. Image
9. Tech & falling stigmas are making dirty jobs more attractive than ever

Advancing tools & safety tech are modernizing blue-collar fields.

Attitudes are shifting.

The jobs that keep our world running are finally getting their due. Image
10. Young people are realizing the potential of local business

They see the upside in owning a welding shop over being a cubicle dweller.

Our community alone has seen dozens & dozens of ex-teachers and laid-off techies opt for cashflowing biz's over re-entering the rat race.
The tides are turning. 

Those who build and fix may soon out-earn those who type and talk.

It's not just a trend. It's a movement.

And it's just getting started...
Shoutout to our builders @_CTCommunity riding the Blue Collar Wave.

Share here if you want others to see this, and follow me @Codie_Sanchez for more:
@_CTCommunity A lot of you are interested by this idea.

Yes, it's Gen Z. But it's also you and me.

If you feel serious about business-buying, you can book a consult with our team:
contrarianthinking.biz/community-tw

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More from @Codie_Sanchez

Sep 5
You don’t need an MBA or tons of money to start a business.

I recently had Chris Koerner on the pod and he showed me three regular 6-figure side hustles anyone can start THIS weekend.

Here they are (with real examples): Image
Porch Decorations

Rich people want their houses to look amazing, but they're too busy (or lazy) to do it themselves.

That’s where this mom Chris found comes in:

- She buys wholesale pumpkins by the truckload
- Decorates porches
- Films it on her iPhone and uploads to Instagram

She charges $600-1,300 per porch and makes $1M+ a year from this side hustle.

Isn’t that wild?
You can expand this beyond pumpkins to:

- Christmas decorations
- Easter displays
- Quarterly flower swaps

All you need to start is $500 for supplies and an Instagram account.

You'll probably be working weekends. But find me a business without problems.
Read 10 tweets
Sep 3
I’m obsessed with laundromats.

I've made more money from dirty laundry than most finance bros make on Wall Street.

Here’s the playbook I always use to find profitable laundromats:
Quick disclaimer…we’re going to skip a few steps today.

We’re jumping right into the part of the biz buying process where you’ve found a biz that you could buy…

Now we’re going to check if you SHOULD buy it.

Follow these 5 steps:
Step 1. Use my deal calculator

The difference between buying a cashflowing biz & a lemon:

Good financials.

Most buyers get emotional and skip the numbers.

But that's how you end up with a $200K washing machine graveyard.
Read 13 tweets
Sep 2
Meet Taylor Sheridan.

15 years ago, he was sleeping in a tent and got rejected by every production company.

Today, he owns a $500M empire and charges Paramount to film on his ranch.

Here’s his story (and what you can learn from it): Image
Most people think you need money to make money.

Taylor Sheridan (and countless others) prove that’s false.

You need LEVERAGE to make money.

Here's the Leverage Ladder framework Taylor Sheridan used to build his wealth:
1. Create Something Of Value

At 40, Taylor was the poster child for struggling actor. Then he had a few hits, Sicario being one… but that did not make an empire.

So, instead of waiting for someone to discover him, he wrote a drama about a rancher protecting his land and he changed his deal structure.

Nobody cared though.

HBO and every major network passed on his script.Image
Read 10 tweets
Aug 28
If you follow where rich people put their money, you’ll never go broke.

Here's the unsexy asset class private equity billionaires & millionaires are flocking to:
For decades, PE meant massive funds buying massive companies:

• KKR buys RJR Nabisco for $25B
• Blackstone acquires Hilton for $26B
• Apollo takes Harrah's private for $27.8B

The formula was simple: Big money buys big companies, adds big debt, cuts costs. Image
But now? These same Wall Street sharks are swimming downstream - raiding Main Street and buying...

• Your local car wash chain
• Boring IT providers with 20 employees
• That HVAC company with the annoying radio ads

And they're not being quiet about it…
Read 17 tweets
Aug 27
I just heard an acquisition story that made my heart melt.

Meet Cody:

• 6-year veteran
• #2 at a production company in California
• Runs the show while his boss lives in Utah

Here’s how he went from employee to owner of a biz in 90 days:
After 12 years of building someone else's empire, Cody landed on our content about ownership.

He’s been leading operations at a production company so he definitely has experience running a business.

So I don’t blame him when the idea of ownership struck a cord with him.
At the time, Cody and his wife had been saving for a house so it wasn’t like they had tons of extra cash laying around.

But after having a chat, they decided to use their house fund to buy a cashflowing business instead.

Not an easy task. But nothing worth doing ever is…
Read 14 tweets
Aug 23
You want to get rich... build relationships with people in finance.

They understand the game of money.

7 acquisition terms you should know to speak their language:
Free Cash Flow (FCF)

If you're going to be obsessed with any number in your biz, it should be this one.

It's the cash left over after you've paid all operating expenses and capital expenditures (building improvements, vehicle purchases, etc.)

= Operating Cash Flow − CapEx
Net profit - aka net income

It’s the total earnings (profit) calculated after subtracting costs from revenue.

Costs here = COGS, depreciation, interest, taxes and all other expenses

This is the true profit.
Read 9 tweets

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