What share of 12 industries does the speaker claim are owned by conglomerates?

Codie SanchezFounder @ Contrarian Thinking

Why YOU Should Own a Small Business #shorts

19 Mar 2023 · 1 min

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0:39

A short YouTube monologue by Codie Sanchez arguing that many local businesses (hardware stores, grocery stores, car washes) are increasingly owned by large conglomerates rather than individuals, warning this reduces local care and control. She cites preliminary research suggesting roughly 20–25% ownership by conglomerates across 12 industries.

Questions this video answers

About 20–25% (she says "about 20 to 25% of 12 industries").

Chapters

Anybody think this looks like a great place to live? You're just like, oh, I would love to live on a truck stop with 472 conglomerate chain store signs all over them. And yet, what's fascinating is more hardware stores, grocery stores, car washes are owned by conglomerates than by individuals. In fact, we're starting to do some fascinating research, and about 20 to 25% of 12 industries are all owned by conglomerates. Huge companies. What's the problem with that? Do they care about your neighborhood? Do they care about the local constituents? No, they're off on the coasts doing something else.