How Regular People Can Fight Back Against Private Equity Buying Everything | Networth & Chill

Vivian sits down with Codie Sanchez, Wall Street veteran turned business acquisition expert and founder of Contrarian Thinking, for a conversation about building real wealth through buying boring businesses. In this episode, you'll learn: 1. How Codie's years on Wall Street shaped the way she thinks about money, hustle, and building wealth. 2. What "buying boring businesses" actually means, and how small business acquisitions can fit into a regular person's financial portfolio. 3. How to know if a business is set up to succeed or fail, what it takes to go from breaking even to actually profiting, and the practical steps you can take right now to stop trading time for money and start building lasting wealth. Check out Codie on Instagram   / codiesanchez   and check out her work at https://codiesanchez.com/. Follow the podcast on Instagram   / networthandchillpod   and TikTok   / networthandchill   Got a financial question you want answered in a future episode? Email us at [email protected] About Me Your favorite Personal Finance & Investing Creator. Let’s talk about money, career, & getting rich. Learn more about my background in Finance on www.YourRichBFF.com and follow me for more smart money tips.   / your.richbff     / yourrichbff     / yourrichbff     / networthandchillpod   Host: Vivian Tu Producer: Grace Rittenhouse Editor: Fringe Podcasts 00:00 Facing Failure & Entrepreneur Struggles 01:34 Guest Introduction: Cody Sanchez's Story 02:22 Early Careers in Finance & Wall Street Reflections 05:03 Corporate Ladder Climbing and Risk Aversion 06:34 Gender & Diversity on Wall Street 08:18 Observing Unhappy Finance Executives 09:10 Making the Leap: Turning Points & Hustle 10:33 Becoming Dealmakers & Financial Wisdom 15:33 Down Bad Stories: Scarcity & Loss 17:21 Surviving Business Crisis & Parental Advice 18:29 Lessons in Resilience & The Art of War 20:48 Buying Your First Business—Getting Started 22:08 Why Boring Businesses Win 25:25 Business Models: Jobs vs. Wealth Builders 28:08 When Should You Buy a Business? 30:06 Real Estate vs. Small Business as Investments 33:43 Private Equity: The Good, The Bad & The Ugly 36:36 How Individuals Compete with Private Equity 41:46 Should You Sell Your Business to PE? 44:03 Worst and Best Types of Businesses to Buy 47:07 Current Goals & Helping Entrepreneurs Scale 49:49 Building Purposeful Businesses for Real Life 56:07 Influence, Transparency & Financial Responsibility 57:47 Guiding Mantras: Choose Your Hard