Sanchez: Buying a very small business is effectively buying a job
Codie Sanchez · How Codie Sanchez Built a $50 Million Portfolio of Boring Businesses, and the #1 Skill to Learn in a Recession · Nov 22, 2022 · at 7:16
Contrarian Thinking founder Codie Sanchez explains why micro-businesses sell at seemingly cheap valuation multiples.
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“And what I don't think people realize is that's buying a job. You're buying a job when you buy a company that small. And those types of deals exist all around this country. They're everywhere.”
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