boring businesses

2 statements across 2 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Apr 8, 2022 by Codie Sanchez · across every show →

Everything said about boring businesses, oldest first

Apr 8, 2022
Disclosure
Sanchez targets 2x to 3x cash flow multiples for small business acquisitions
“I mean, for these types of businesses, I'm cheap. I like to buy businesses at anywhere from two to six X. I really try for the two to three X, but I typically buy boring businesses that don't have a lot of profit.”
Codie Sanchez Apr 8, 2022 ▶ 10:44 Buying into the ASMR Slime Business with Codie Sanchez
Nov 22, 2022 bullish
Opinion
Sanchez: Boring businesses fail less frequently than startups if sized properly
“It's just harder to have happen in these boring businesses if you do it right and you size them right, I think, than if you do a startup.”
Codie Sanchez Nov 22, 2022 ▶ 21:42 How Codie Sanchez Built a $50 Million Portfolio of Boring Businesses, and the #1 Skill to Learn in a Recession
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