Why You Should Buy a Business with Codie Sanchez
Disruptors
Rob Moore
4.8 • 1.4K Ratings
🗓️ 24 February 2025
⏱️ 72 minutes
🧾️ Download transcript
Summary
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Rob speaks with former journalist turned successful entrepreneur and investor Codie Sanchez. Codie reveals how her experiences covering cartel violence and human trafficking shaped her understanding of financial freedom, leading her to develop a revolutionary approach to building wealth through acquiring "boring" but profitable businesses. Codie talks about business acquisition, wealth creation, the importance of ownership and gives her unique perspective on entrepreneurship.
Codie Sanchez REVEALS:
- How she went from a journalist to a business owner
- The shocking shift away from business ownership in the UK
- Why a side hustle makes you more likely to succeed than quitting your job straight away
- The three promising business types for 2025
- Why a degree isn’t worth the investment anymore
- The pros to buying an existing business
BEST MOMENTS
"If you want to go fast, go alone, If you want to go far, go together. It's super true. And the only way you're going to make like a fucking unreasonable amount of money is by having a team that buys into your vision"
"You know what's sexy? Profitable businesses. Profitable businesses are really sexy and it's sexy to have a business that you could bootstrap with your own two hands"
"Money really is freedom and it is also protection”
"Those who say it's impossible should get out of the way of those of us doing it."
"In order to start a business, you're 90% likely to fail or a 10% success rate. In order to buy a business, you have a five to 20% fail rate and somewhere between a 95 to an 80% success rate."
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
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Transcript
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| 0:00.0 | Cody, I've got to ask you, what do you think of Donald Trump being president and as a female entrepreneur's perspective? |
| 0:11.0 | Well, I think it'll be good for business. |
| 0:13.2 | I think it's hard to argue against Elon Musk coming in and doing a thing that nobody wants to do, which is massively cutting the |
| 0:23.5 | size of the government here. I think we have to do it across the board. So I don't really, |
| 0:28.4 | I don't really play the personality game of which president you like, which one don't you, |
| 0:33.3 | which one upsets you. I'm more like, I think that ownership is the key to all freedom, and we have |
| 0:38.7 | less ownership than we've ever had before. We have more bureaucratic red tape than we've ever had |
| 0:43.0 | before. It's harder for new businesses to actually make profits than it's ever been before. |
| 0:48.1 | Big corporations are doing great, but the little guy's not doing so great. And so in order to do |
| 0:52.2 | that, I think we have to have some people in there |
| 0:55.1 | that maybe aren't so nice and shake things up a lot. And I'm hopeful. We'll see. I don't think any |
| 1:01.0 | president is coming to save us. But I do think that a president can really hurt us. And do you think |
| 1:08.0 | Trump will cut taxes? I think he did when he came in in 2016. I think he cut |
| 1:12.2 | court tax. Do you think he'll support business and entrepreneurship? Yes, but I think that taxes |
| 1:19.4 | is even less of the interesting part. It's how can we cut the amount of rules and regulations |
| 1:25.7 | that the government puts on to each of us and to our businesses. |
| 1:29.8 | Taxes are a part of that, but even more so, I mean, it costs the government less to oversee, |
| 1:34.9 | and it costs the entrepreneur less to have a bunch of regulations on top of them that throttle |
| 1:39.8 | businesses. I mean, I don't know if it's that interesting for people there, but, you know, |
| 1:43.7 | we saw for the first time ever in California, you know, a population decline. And that's even with immigration. You know, we saw kind of a fun fact to see which states are more business friendly or not. A U-Haul, so like a rental unit for trucks to move from California to Texas was |
| 2:04.4 | 3x the cost as a U-Haul going from Texas to California, which is telling you what, that people |
| 2:11.0 | want less people telling them what to do all the time. |
... |
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