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In the article "How to Build Extraordinary Wealth Buying Ordinary Businesses," former Wall Street investor Codie Sanchez argues that acquiring simple, everyday businesses like a local car wash can be a more effective strategy for wealth accumulation than pursuing flashy startups. Sanchez outlines how these often-overlooked businesses can generate consistent income, offer lower competition, and present numerous opportunities for growth. By focusing on stable investments with proven profitability, investors can achieve sustainable wealth without the high risks associated with uncertain startup ventures.
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