How to Get Rich Buying Boring Businesses with Codie Sanchez (PFP Vault)

The Personal Finance Podcast

Andrew Giancola

Investing, Entrepreneurship, Business

4.7 • 1.4K Ratings

🗓️ 13 August 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we talk to Codie Sanchez about buying boring businesses. Codie owns 26 businesses, is the founder of Contrarian Thinking, and has an incredible newsletter with over 110K Readers. We talk about: Carwashes Laundromats Mailbox Money Vending Machines How to get financing for deals How to manage multiple businesses And so much more! How Andrew Can Help You: Listen to The Business Show here. Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count! Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest! Watch The Master Money Youtube Channel! , Ask Andrew a question on Instagram or TikTok Learn how to get out of Debt by joining our Free Course Leave Feedback or Episode Requests here. Car buying Calculator here Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote. Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance Go to https://joindeleteme.com/PFP20/ for 20% off! Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ Connect With Codie: ⁠www.codiesanchez.com⁠ ⁠www.contrarianthinking.co⁠ Linkedin: @codiesanchez ⁠Twitter: @Codie_Sanchez⁠ ⁠Instagram: @codiesanchez⁠ ⁠TikTok: @realcodiesanchez⁠ Connect With Andrew on Social Media: Instagram TikTok Twitter Master Money Website Master Money Youtube Channel Free Guides: The Stairway to Wealth: The Order of Operations for your Money How to Negotiate Your Salary The 75 Day Money Challenge Get out Of Debt Fast Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	At Betway Casino, new customers stake 10 pounds and get 150 free spins.
0:06.9	Download the Betway Casino app today.
0:09.5	18 plus T's and C's Apply.
0:11.6	Be gambleaware.org.
0:14.7	On this episode of the Personal Finance Podcast,
0:18.9	we're going to talk about how to get rich
0:20.8	buying boring businesses
0:22.4	with Cody Sanchez.
0:46.4	Whoa. What's up, everybody, and welcome to the personal finance podcast.
0:49.5	I'm your host, Andrew founder of mastermoney.com.
0:55.7	And today on the personal finance podcast, we're going to be talking to Cody Sanchez about buying boring businesses. If you have any questions, hit me up on Instagram at Master Money Co.
1:01.7	And follow us on Spotify, Apple Podcasts, or whatever podcast player you love listening to this podcast.
1:07.4	If you want to help out the show, leave a five star rating and review on Apple
1:13.2	podcast. And don't forget to check us out on YouTube as well at Master Money over on YouTube.
1:20.5	Now today, we're going to be talking to Cody Sanchez. And you guys have heard me talk about
1:25.0	boring businesses in the past because I think there's a major opportunity with boring businesses.
1:29.7	There's a ton of baby boomers who are going to retire and a lot of their children don't want to take over their businesses.
1:35.7	And so what they have to do is go out and sell those businesses.
1:39.8	And as you're going to hear, Cody's going to talk about the multiples that you can buy these businesses for.
1:44.0	And it's absolutely amazing the deals that you can get with boring businesses now this is something
1:48.6	that there is a tremendous amount of opportunity out there and the opportunity is everywhere i've looked
1:54.5	all over the country and i've seen it all over the place where there's opportunities to buy
	...

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