Codie Sanchez Profile picture
I own a portfolio of Main St companies. NYT best-selling author | Invest: @CTVentureCap, https://t.co/GeVvWuYSgV | Build: @_CTCommunity @bizscout_ @resibrands
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May 7 15 tweets 4 min read
Opportunity nobody talks about:

Buying unwanted land.

With $10K and 7 days of work, I was under contract for 10 acres in West Texas.

Here’s how I did it (and why): Image Step 1: Set clear “make or break” criteria

I wanted:

• 10+ acres
• Located in West Texas (near Marfa/tourist spots)
• No restrictions on land use
• Under $10K budget
• Close in ONE week
May 1 11 tweets 3 min read
In 2025, more people are buying businesses than ever before.

Here are 8 revealing stats from our comprehensive survey of small business buyers: 1. Top industry to buy in

Home services. Overwhelmingly.

Followed by:

- Professional services
- Health & wellness
- Construction Image
Apr 30 22 tweets 6 min read
SBA loans are getting their biggest overhaul in years.

If you want to buy a business in 2025, here’s what you need to know: First, little disclaimer: SBA rules are crazy complicated.

This is the high-level overview, but ALWAYS double-check info you find online before applying it to your specific situation.

Here are 5 new policy changes that stood out to me:
Apr 23 10 tweets 4 min read
This is Bill Perkins.

He's worth 100s of millions, a hedge fund manager, poker player, asymmetric thinker...

And my smartest mentor.

Steal his 7 principles on how the rich think differently: Image 1. You Have ZERO Risk

Most people are afraid of risk because their egos can’t stand looking like an idiot.

I remember being slightly mind-f*cked by Bill's idea that educated people have no actual financial risk.

Listen to him explain it here:
Apr 22 18 tweets 4 min read
The system is designed to keep you comfortable, not wealthy.

This financial autopsy of a 36-year-old couple earning $350k proves it.

Look at these numbers: Image I just analyzed this financial autopsy of a couple in the Detroit suburbs:

- 36 years old
- $350K combined income
- $700K retirement accounts
- $900K mortgage

Looks like the American Dream on paper... Let’s look at the monthly
Apr 9 13 tweets 3 min read
Stressed about what you pay in taxes?

Start a business.

Whether you run a VC-backed startup or freelance on the side, the US tax code favors business owners over everyone else.

Here’s everything you should know: 1 - Business Expenses

You can take a deduction for anything you use to run your business.. internet, phone, software, conferences (including travel)

Business owners can also deduct their home office square footage from their rent or mortgage (which W-2 employees cannot!)
Apr 5 15 tweets 5 min read
Business scaling isn't rocket science.

But it is a science.

After working with 100s of companies, I can tell you the difference between the ones that plateau and the ones that explode comes down to these 3 levers: Every scalable business needs:

- The right people (who)
- The right systems (how)
- The right focus (what)

Miss any one, and you'll hit a ceiling.

Let's break down each piece (and I'll share what most get wrong):
Mar 29 15 tweets 4 min read
Build your business so it’s sellable… and you’ll never be forced to sell.

This is the map for a business that runs without you (& attracts serious buyers): Most people run their business until they're miserable. And then try to sell.

Don't be most people.

First step…
Mar 12 18 tweets 5 min read
MBA graduates are no longer interested in employment at Goldman or Google.

They want ownership.

First wave was startups. Next wave will be acquisitions.

Here’s why buying businesses is the new gold rush: Building = years with no profit.
Buying = cashflow from day one.

When you buy a business, you're not gambling on potential.

You're getting proven profits, existing customers, and someone else's 10,000 hours of work... Made yours overnight.
Feb 18 16 tweets 3 min read
27 tips to build your empire in the margins.

1. The Law of Two Hours: 2 hours of dedicated work is worth more than most people’s 8 hours. 2. How to never fail with a business: Start as a side project. Keep your job. Use your salary to fund. Quit when you have enough cashflow.

3. It's not about time. It's about the F word. Focus. You don’t need 24 hours a day to build a business.
Feb 15 23 tweets 7 min read
An entire generation has been misled about startups and wealth.

• New business failure rate: over 65%
• Acquisitions failure rate: under 20%

Opportunity's here. But you might miss it..

How to decrease your chance of failure buying a business (The 3 M’s of Risk): Entrepreneurship is hard.

You'll lose money, sleep, time, and at the end of the day… It’s statistically likely that you’ll still fail.

Even the top .1% startup founders understand this truth:

Business is risk. You should expect to fail.
Feb 12 21 tweets 5 min read
Underrated business model:

Turning a service into a product.

It helps solve the issue of scaling for:
• Agencies
• Freelancers
• Solopreneurs

Here’s how a "productized service" works: First, let's talk about the trap most consultants & contractors fall into:

Trading hours for dollars.

Even at high hourly rates, you're still capped by time. Earn more = work more.

Stop working, and the money stops too.

But there's a better way...
Feb 8 19 tweets 5 min read
Underrated opportunity: Med spas.

• Average gross margin: 71%
• Market expected to grow 19% by 2028
• 1/3 of clients have an annual household income over $100,000

Here’s how a couple I know bought one and 4x’d it to replace their 9-5s: This is Olman.

His wife, Jen, got an $800 lip filler treatment that took 20 minutes.

Suddenly he looked at Botox, injections, and skin treatments… And saw profit margins, optimization, and dollar signs.

But do the numbers check out?
Feb 5 29 tweets 7 min read
YouTube TV has its raised prices by 137%:

• 2017 launch → $34.99
• January 2025 → $82.99

Here’s how giant corporations get away with raising prices so often (& how a small business can do it the right way): Image Remember when YouTube TV was the cheap alternative to cable?

5 years after launch, the price doubled.

Fast forward to the hike in January and we’re starting to wonder if it's a ripoff.

Think YouTube felt that anger in their bottom line? Image
Feb 2 20 tweets 5 min read
If you want to acquire a million-dollar company, you don’t need to have millions.

Here’s how to buy a business that pays for itself (9 negotiation tips for seller financing): First up:

What IS seller financing?

Doesn’t sound so nice as a seller… why am I paying for YOU to own my business?

That’s why I sometimes call it “self-liquidating acquisitions.”

Here’s how it works:
Jan 28 18 tweets 5 min read
If you don’t understand acquisitions, you’ll never be truly wealthy.

Here’s what you need to know about how the rich buy businesses: Think of any 3 rich people.

They likely have 1 thing in common.

They own. Often, they own companies.

The average person doesn't understand this about wealth. I love how Sam Altman put it: Image
Jan 25 18 tweets 3 min read
When you move from a worker to the leader, you have to change everything.

What no one tells you about the mindset of owners: You’re Either the Hammer…

Hammers make things happen. They aren’t afraid to swing hard, take calculated risks, and make an impact. They don’t wait for things to happen.
Jan 23 11 tweets 4 min read
Biographies of billionaires teach you more than self-help business books.

Here are my 5 favorites: 1. Built from Scratch (Home Depot Founders)

Read for: Learning how to disrupt an industry.

Marcus & Blank were fired from Handy Dan. Then they noticed a gap in the system...
Jan 22 16 tweets 6 min read
This UK entrepreneur turned a wire basket manufacturer into the world's largest advertising agency.

Warren Buffett allegedly offered to buy it at a 20% premium in 2012…

Here’s the strategy behind this now-$10B boring business: Image Our story starts with Sir Martin Sorrell.

But before that, it starts with Wire and Plastic Products plc.

It was founded in 1971 as a manufacturer of shopping baskets, rat cages, and clothes lockers.

That is, until Sorrell came along… Image
Jan 21 16 tweets 5 min read
The wealth transfer of the decade is happening on Britain's High Streets.

35 shops closed per DAY in 2024.

But where most see destruction, I see opportunity...

Here's the contrarian’s playbook to making $$$ saving local economies: First, let’s paint a picture:

Nearly 7,000 chain stores closed in the first half of 2024. Pharmacies shuttered. Banks disappeared. Historic pubs went dark.
Jan 15 16 tweets 5 min read
The American Dream isn't dead.

But it has moved.

Here's what everyone's getting wrong about American money: We’ve been sold a lie.

• Sit still for 8hrs/day until you’re 18
• Take out $100k debt for college
• Get a good job - unless, oops, you don’t
• You still can’t afford a home or family

An America 2.0 that is feeling increasingly anti-American Dream…