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Codie Sanchez

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Codie Sanchez pushes small-business ownership over investing in new book 'Own or Be Owned'

Codie Sanchez, founder of Contrarian Thinking, has released a book arguing that buying an existing small business is a more reliable wealth-building path than traditional investing. She discusses common mistakes entrepreneurs make when running businesses informally, or 'cowboying' operations, and addresses how artificial intelligence fits into ownership strategy.

Codie Sanchez Scales 'Boring Business' Movement Into Contrarian Thinking Empire

Codie Sanchez, who built a following of roughly 15 million by teaching people to buy overlooked small businesses like laundromats and car washes, has expanded her platform into a larger company called Contrarian Thinking that spans investment, advisory and media work. She credits her success to buying aging owners' established businesses rather than starting from scratch, a strategy she first used over a decade ago and later turned into a bestselling book and online following.