SOTM 59: Unconventional Acquisitions: Buying Small Businesses with Codie Sanchez

October 8, 2020

When we talk about investing on this podcast, it’s usually in the realm of real estate. But on today’s show with Codie Sanchez, we’re going to do things a little differently. In addition to exploring several of Codie’s unconventional investment strategies, we discuss why she’s worried for real estate investors right now. Listen and learn about buying small businesses, purchasing land for passive income, and more.

Listen to today’s show and learn:

  • Codie’s brief bio [2:40]
  • Contrarian Thinking Newsletter [4:01]
  • The content tools Codie relies on [12:24]
  • Business-buying opportunities most investors miss [15:46]
  • The value in data [19:00]
  • How agents can leverage their communities [20:45]
  • The two different ways to own a small business [25:13]
  • Buying land as a passive investment [33:10]
  • Random side-hustle ideas [39:41]
  • Business opportunities in cannabis [49:07]
  • Codie’s real estate predictions [54:24]
  • Plus, so much more.

Codie Sanchez

Codie Sanchez is a reformed journalist, turned institutional investor to now a Managing Director and Partner at Entourage Effect Capital, a private equity firm focused specifically on investing in the legalized cannabis industry. Since its inception in the summer of 2014, EEC has deployed $100+ million into over 65 companies out of its two dedicated funds and co-investments.

Throughout her career, she has worked at the intersection of marketing and money, finding contrarian ways to invest. She’s always balanced her profession with non-profit service to empower women, veterans and Latinos.

She joined Vanguard ETFs in 2008 ($870B) to build out their ETF business, quite the time, then moved to Goldman Sachs Alternatives group. Following, she became an SVP at SSGA ($580B) in institutional investing tasked with a $3 billion region, finally coming to First Trust ($63B) to build the LatAm investment business from the ground up. Codie has led global teams in all asset classes, negotiating JV’s, product creation and market entry across the Americas.

She is a board member at The Arcview Group, Magma Partners Venture Fund, Texans for Veterans and a member of the free markets think tank, AEI’s Enterprise Club. She also sits on the policy board of the Marijuana Policy Project. She invests in women led startups through Plum Alley, WAVE and The Vinetta Project and cannabis companies through Cresco Capital Partners. She received her degree in PR & Journalism from ASU’s Honors School, MBA from Georgetown University and PHD from Fundacao Gestulio Vargas. She was awarded the JFK Award for Print Journalism and the Howard Buffett Grant.

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