5 Worst Businesses to Start in 2024

Codie Sanchez July 2, 2023
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Codie Sanchez

@codiesanchezct

About

I worked on Wall Street for 15+ years so you don’t have to. My mission? Help you and I own and grow local businesses. One business at a time, we take back control and cash flow. I’m the CEO of Contrarian Thinking and a NYT bestselling author of Main Street Millionaire. → Owner: Resibrands, BizScout, Main St. Holding Co → Investor in 30+ startups via Contrarian Thinking Capital This channel is your no-gatekeeping playbook for building wealth through real businesses. Let’s take back Main Street. Need funding? Shop and compare lenders in minutes + get up to $2M—with no credit hit for exploring your options. Start here → https://sofi.com/codie *affiliate link

Video Description

Want to learn how to buy a business? (Free Consult): https://contrarianthinking.biz/youtubefam Here are 130 boring business ideas that I like to invest in (and you should too): https://contrarianthinking.biz/130boringbiz-yt I spend a lot of time talking about which businesses it might be good to buy or invest in. But what about which businesses to avoid? Today we're going to talk about the worst businesses, why I (generally) don't invest in them, and how it all comes down to one thing: probability. What is the likelihood that the money I put in yields a return on my investment? And even if there's a return on my investment, how long will it take to see results? Is it worth your time, and mine? More often than not with these businesses, the answer is a resounding "no." In this video I look at the studies, crunch the numbers and explain why these are the top businesses to avoid. Have you ever invested in one of these businesses? Did you find success or failure? I want to hear from you, comment below! Learn Main Street ways to make Wall Street cash in my FREE weekly newsletter. Get it here: https://contrarianthinking.biz/yt-lg ----------------------------------------------------- Hi... I'm Codie. If we haven't met, I build and buy businesses and help you make money. I used to work on Wall Street and in Private Equity for too many years. Then I realized I'd rather YOU AND I own our businesses locally instead. So I built up Main Street Holding Company, Contrarian Thinking Capital & Co. Now, we own and grow dozens of businesses. My mission is to create 100,000 business owners and help 1 million of us build profitable businesses. I hope you’re one. Here's what I know for sure... those who say it's impossible should get out of the way of those of you who are doing it!! ❤️ If you want to grow your business... we got you: https://contrarianthinking.co/scaling-workshop/ If you want to buy a business... we help here: https://contrarianthinking.co/our-courses/ If you want a free guide on how... it's right here: https://info.contrarianthinking.co/smart-buyers-guide ---------------------------------------------------- The BE AN ADULT SECTION 🤗 All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links. Copyright © Contrarian Thinking LLC 2025.

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