Codie SanchezFounder @ Contrarian Thinking

Businesses Are Like Children...

20 Feb 2024 · 0 min

Watch on YouTube

0:26

Codie Sanchez compares raising children to buying and growing businesses, using an age-based metaphor: newborns (high maintenance, no nights out), ages 1–2 (messy, exploratory), age 3 (more mobile and risk-prone), ages 4–5 (growing independence and communication), and age 6 (able to perform simple chores). The point: both are hard early on but can become deeply rewarding if you persevere.

Businesses are just like children. If you have a newborn, you don't expect to sleep much or go out. When they're one to two, they're constantly trying to themselves and you still need to clean up their literal poop. As you hit three, the thing can walk, which also means faster attempts at death. Around 4 to 5, they start to have some actual independence. And hey, they can communicate. But at 6, they can actually do some simple chores for you. Babies and buying businesses, both hard, both similar, and both can eventually become the greatest joy if you get through it.