In this episode of the Big Deal podcast, Codie Sanchez shares seven acquisition terms to help listeners understand the language of finance and build wealth through small business acquisitions. She emphasizes the importance of free cash flow (FCF) and EBITDA in evaluating businesses, and explains key concepts like working capital, valuation, leveraged buyouts (LBOs), and seller financing. Codie illustrates these concepts with the success story of Cody, who acquired a pool cleaning business using seller financing and grew it, highlighting the potential for ordinary individuals to achieve financial freedom through calculated risk-taking and business ownership. She promotes her Main Street Millionaire Live event as a resource for those seeking a step-by-step blueprint for finding, buying, and scaling businesses.
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