You can change your life and make a dent on the world. This podcast uncovers the unfiltered lessons from the smartest minds straight to you, in conversations so honest you feel guilty listening in. We believe the current way of thinking is not working. The average person has become unhappy, unhealthy and financially struggling. You are not that person. This podcast will kick you in the shin with truth and tactics they should have taught us but gatekept. Hosted by Codie Sanchez, entrepreneur, investor and reformed journalist. You are a BigDeal to us.
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You can change your life and make a dent on the world. This podcast uncovers the unfiltered lessons from the smartest minds straight to you, in conversations so honest you feel guilty listening in. We believe the current way of thinking is not working. The average person has become unhappy, unhealthy and financially struggling. You are not that person. This podcast will kick you in the shin with truth and tactics they should have taught us but gatekept. Hosted by Codie Sanchez, entrepreneur, investor and reformed journalist. You are a BigDeal to us.
#91 Seven Finance Terms You Need To Know To Get Rich
BigDeal
11 minutes
2 months ago
#91 Seven Finance Terms You Need To Know To Get Rich
Join me as I reveal the seven essential finance terms you need to know to succeed in business. From "free cashflow" to "leveraged buyouts," I break down the most vital concepts that will level up your financial life. Plus, stick around for an inspiring story of how Cody (not this Codie, a different Cody) transformed from an employee to a business owner in just 90 days, leveraging the financial strategies I share.
Financial freedom isn’t luck — it’s learned. Join my 3-day live virtual event this September 19-21. Reserve your spot and join the owner revolution → http://contrarianthinking.biz/3Hon5uW
00:00 Introduction
00:02 The Importance of Financial Literacy
00:28 Seven Key Acquisition Terms
00:36 Understanding Free Cash Flow (FCF)
01:29 Working Capital Explained
02:14 EBITDA and Business Valuation
03:19 Leveraged Buyouts (LBO)
03:43 Seller Financing
05:16 Cody's Success Story
08:41 Conclusion
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BigDeal
You can change your life and make a dent on the world. This podcast uncovers the unfiltered lessons from the smartest minds straight to you, in conversations so honest you feel guilty listening in. We believe the current way of thinking is not working. The average person has become unhappy, unhealthy and financially struggling. You are not that person. This podcast will kick you in the shin with truth and tactics they should have taught us but gatekept. Hosted by Codie Sanchez, entrepreneur, investor and reformed journalist. You are a BigDeal to us.