
2008: Make Extraordinary Wealth with Ordinary Businesses
About this episode
What if the secret to extraordinary wealth isn’t about betting on the next big thing, but buying something tried-and-true—like a plumbing business, a car wash, or a cleaning company? What if the future of entrepreneurship isn’t on Wall Street or in Silicon Valley, but on Main Street—if only we knew how to seize it?
My guest today is Codie Sanchez, founder and CEO of Contrarian Thinking, a digital education platform and media company with over 6 million followers
In her new book, Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses, Codie lays out her bold argument: that buying profitable, established, cash-flowing businesses is the most underrated path to building wealth—and that now is the time to act. Why? Because America is facing a generational handoff. Over 40 million Americans are hitting retirement age, and baby boomers—who currently own nearly two-thirds of small businesses with employees—are poised to sell. Codie calls it a “silver tsunami,” and for those who know how to navigate it, it could mean once-in-a-generation opportunity.
In our conversation, Codie opens up about her own unlikely journey from journalism to Wall Street to Main Street. We talk about how she made the leap, the psychological hurdles to entrepreneurship, and how she thinks about power, relationships, and the future of work in an AI-driven world.
This episode aired originally March 26, 2025
Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!
Hosted on Acast. See acast.com/privacy for more information.
Get every episode summarized
Each time So Money with Farnoosh Torabi publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from So Money with Farnoosh Torabi

2033: How to Build a Forever Paycheck in Retirement
So Money with Farnoosh Torabi

2032: How to Get Rich Without Leaving Your Parents Behind
So Money with Farnoosh Torabi

2031: Ask Farnoosh: Leave More Money to the Child Who Needs It Most? Plus: COBRA...
So Money with Farnoosh Torabi

2030: How to Get Rich: 300 Years of Money Lessons
So Money with Farnoosh Torabi