Codie SanchezFounder @ Contrarian Thinking

THE Data Backed Route to Wealth…

10 Apr 2025 · 0 min

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Codie Sanchez argues that business ownership is the most likely route to significant wealth, citing that 60% of millionaires own a small business and 88% of people worth $30M+ own a business; she frames ownership (even partial) as the key precursor to becoming wealthy and promotes learning to buy businesses without necessarily leaving one’s job.

Questions this video answers

60%.

88%.

60% of all millionaires own a small business. 88% of all people worth 30 million plus or above own a business. And so the data tells us that if we want to be worth a lot of money, the highest likelihood to get there is through ownership. That's why I'm kind of obsessed with this idea of teaching people to buy businesses. Doesn't mean you have to leave your job. It doesn't mean you have to buy a business outright. But getting some skin in the game and some ownership is the pre indicator for wealth.