Show notes
Episode 8: Today, host Alex Lieberman (@businessbarista) is flying solo for a very special episode of The Crazy Ones featuring founder and private equity investor Codie Sanchez (@codie_sanchez). Codie has made millions from buying boring businesses (think laundromats, carwashes, and AirBnBs), and has also amassed an audience of over 3 million followers with her media company, Contrarian Thinking. Listen to hear Codie tell Alex about how to determine which boring businesses are actually worth investing in, how to hire good operators, and the art of deal structuring and negotiation.#TheCrazyOnes #Startups #EntrepreneurListen to The Crazy Ones here: https://link.chtbl.com/OV4W93_WSubscribe to Morning Brew!Sign up for free today: https://bit.ly/morningbrewytFollow The Brew!Instagram - https://www.instagram.com/morningbrew/Twitter - https://twitter.com/MorningBrewTik Tok - https://www.tiktok.com/@morningbrewFollow Our Hosts!Alex Lieberman (@businessbarista)Sophia Amoruso (@sophiaamoruso)Jesse Pujji (@jspujji)00:44 - Intro01:40 - The Rundown03:13 - How Codie got to where she is today06:08 - The first boring business Codie bought10:30 - What lessons Codie has learned around deal-structuring and negotiation18:09 - The best negotiations Codie has ever done21:45 - What makes a great operator for your boring business23:52 - How Codie scares away a bad hire26:05 - What boring businesses are catching Codie’s eye right now33:22 - Why Codie is fascinated with Reese Witherspoon’s business model36:59 - Why Codie decided to dive deep into content creation46:10 - How Codie’s boring businesses compare with her media business48:15 - What Codie has learned about leadership50:38 - Codie’s hot takes and spiky opinionsLinks:Contrarian Thinking NewsletterCodie Sanchez YouTube Channel Learn more about your ad choices. Visit megaphone.fm/adchoices
