Finding a Great Business in Cow Country
Cody Agee thought food testing would be a good recession-resistant business to buy. 2 weeks later, one listed for sale.
Topics in Cody interview:
Bypassing business school
Cashing out his 401(k) without using ROBS
Buying a food safety and testing lab
The moat of licensing requirements
His advantage over much larger competitors
Adjusting purchase price based on quality of earnings report
Finding investors on Twitter
Personally guaranteeing the seller note
How he uses EBITDAR vs. EBITDA
Putting in an enterprise resource planning (ERP) system
References and how to contact Cody:
LinkedIn…
The skinny
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