Episode Details

Forget stocks and real estate—owning a business is the real wealth-building secret, according to former Wall Street investor Codie Sanchez. Sixty percent of millionaires own businesses, and that climbs to 88% among ultra-high-net-worth individuals. With Baby Boomers retiring en masse and leaving behind established, cash-flowing companies, now’s the perfect time to buy—not start—a business. Sanchez reveals two smart entry points: skill-for-equity deals (she used this to build her portfolio) and SBA-backed loans, which can cover most of the cost for qualified buyers. Service-based businesses like laundromats and pest control are ideal for first-timers seeking steady income and manageable operations. This demographic-driven window of opportunity? Don’t miss it.

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