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BigDeal

Seven Finance Terms You Need To Know To Get Rich

BigDeal

Codie Sanchez

Entrepreneurship, Business, Marketing, Investing

4.9972 Ratings

🗓️ 5 September 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Join me as I reveal the seven essential finance terms you need to know to succeed in business. From "free cashflow" to "leveraged buyouts," I break down the most vital concepts that will level up your financial life. Plus, stick around for an inspiring story of how Cody (not this Codie, a different Cody) transformed from an employee to a business owner in just 90 days, leveraging the financial strategies I share. Reserve your spot and join the owner revolution → ⁠http://contrarianthinking.biz/3Hon5uW⁠ 00:00 Introduction 00:02 The Importance of Financial Literacy 00:28 Seven Key Acquisition Terms 00:36 Understanding Free Cash Flow (FCF) 01:29 Working Capital Explained 02:14 EBITDA and Business Valuation 03:19 Leveraged Buyouts (LBO) 03:43 Seller Financing 05:16 Cody's Success Story 08:41 Conclusion MORE FROM BIGDEAL: 🎥 ⁠Youtube⁠ 📸 ⁠Instagram⁠ 📽️ ⁠TikTok⁠ MORE FROM CODIE SANCHEZ: 🎥 ⁠Youtube⁠ 📸 ⁠Instagram⁠ 📽️ ⁠TikTok⁠ OTHER THINGS WE DO: 🌐 ⁠Our community⁠ 📰 ⁠Free newsletter⁠ 📚 ⁠Biz buying course⁠ 🏠 ⁠Resibrands⁠ 💰 ⁠CT Capital⁠ 🏦 ⁠Main St Hold Co Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You do not take enough risk for the amount of money you say you want.

0:03.3

And small business acquisition is also the fastest, most overlooked way to build wealth in America.

0:07.8

I want you to visualize yourself in this because this could be you.

0:11.1

You could be Cody.

0:11.7

And not this, Cody.

0:12.5

He bought a business where he was with what he had.

0:15.4

Then he took it to grow it.

0:21.3

Hi, I'm Cody Sanchez. and welcome to the Big Deal podcast.

0:24.1

You want to get rich?

0:24.9

Build relationships with people in finance.

0:27.0

They understand the game of money.

0:28.5

I'll give you seven acquisition terms you should know to speak their language.

0:32.0

But before we get into that, I want to share this quote with you.

0:34.7

Michael Jordan didn't wake up early because he loved mornings.

0:37.2

He did it because mediocrity felt like a personal insult. He wasn't chasing balance, but meaning

0:42.7

discipline is dragging your half dead body to do what you hate. No one writes about the semi-committed.

0:49.1

And with that, let's jump into these seven terms that will make you some money and you got to stick

0:53.9

with me even if you

0:55.4

hate the word finance. The first one, free cash flow or FCF. If you're going to be obsessed with any

1:00.7

number in your business, it should be this one. It's the cash left over after you've paid all

1:05.3

operating expenses and capital expenditures. Another way to say that is building improvements,

1:10.2

vehicle purchases,

...

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