Tag: chicago founders

  • How to Find a Mentor for Your Startup in 2026

    How to Find a Mentor for Your Startup in 2026

    Most advice on how to find a mentor for your startup is bad.

    It tells you to “network harder,” “ask successful people for coffee,” or send a bunch of chirpy LinkedIn messages and hope one lands. That advice creates a pile of shallow conversations with people who like talking about startups more than helping founders build them.

    I don’t think you need more networking. I think you need better humans.

    A mentor is not a trophy. A mentor is not a famous founder screenshot in your texts. A mentor is a guide on a rough trail. They don’t hike for you. They point at the loose rocks, tell you when your map is wrong, and keep you from wandering off a cliff because your ego got loud.

    That matters more in Chicago and the Midwest. A lot of founders here don’t want to peacock their way through rooms full of self-promoters. They want honest help, operator stories, and relationships that still hold when things get messy.

    The ugly truth is this. A bad mentor can do more damage than no mentor. They can waste your time, push generic advice, steer you toward what benefits them, or disappear the second your startup gets hard.

    So stop chasing status.

    Find someone with judgment, generosity, and the guts to tell you the truth without treating you like a project.

    Forget Everything You Know About Finding a Mentor

    The “just ask people out for coffee” playbook fails because it treats mentorship like dating by volume.

    You don’t need ten half-interested chats. You need one person who can help you think better, decide faster, and stay sane when your startup punches you in the throat.

    Most founders start with credentials. They look for big exits, fancy logos, and polished LinkedIn bios. That’s backwards. Credentials matter, but alignment matters first.

    A mentor who built something impressive but has zero patience, zero curiosity, and zero care for your values will become friction. You’ll censor yourself around them. You’ll hide the ugly parts. Then the relationship turns into performance.

    That is not mentorship. That is theater.

    The harder truth is that values mismatch breaks a lot of these relationships. A 2025 Startup Genome report says 52% of mentee-founder pairings fail because of a values mismatch, and the practical fix is to test for alignment by asking how a mentor supported a founder through a pivot or failure, not just a win (Alloy Development guide on finding a startup mentor).

    That lines up with what I’ve seen. Founders do not usually get burned by a lack of smart advice. They get burned by the wrong person sitting in the advisor seat.

    What bad advice sounds like

    You’ve heard it before:

    • “Just hustle your way into rooms.” Great way to meet people. Terrible way to judge character.
    • “Any mentor is better than none.” False. Some people drain your confidence and sell confusion as wisdom.
    • “Find the most successful person you can.” Success without empathy is often useless in the room.

    The right mentor should make you clearer, not smaller.

    What to replace it with

    Use a simple filter.

    What to chase What to avoid
    Real operator experience Pure personal branding
    Kindness with honesty Empty hype
    Listening skills Monologues
    Shared values Impressive but incompatible resumes

    If you remember one thing, remember this. Don’t look for the most impressive mentor. Look for the one you can trust when your launch fails, your cash gets tight, or you need to admit you have no idea what you’re doing.

    First Define Your ‘Why’ and ‘Who’

    Before you search, get specific.

    Most founders ask for mentorship way too early and way too vaguely. “I’d love a mentor” is not an ask. It’s fog. Busy operators do not respond to fog.

    A young man with curly hair looking thoughtful at a laptop while sitting at a wooden desk.

    The strongest mentorship relationships start with clear goals. Research on startup mentorship says founders should define specific challenges and desired expertise before they engage a mentor, and startups with mentors who help set clear goals are 3.5x more likely to scale successfully (M Accelerator’s guide to startup mentorship).

    That makes sense. If you can’t name the problem, you can’t find the right guide.

    Write the job description first

    Take a blank doc and answer these three questions.

    1. What problem is hurting me right now
    2. What kind of help do I need
    3. What kind of person can give that help well

    Keep it short. One page max.

    Here’s what I mean.

    • Bad version
      “I need a mentor for my startup.”

    • Good version
      “I’m building an early-stage product brand. I need help validating customer demand, tightening my offer, and avoiding a sloppy first manufacturing decision.”

    That second version gives you something to work with.

    Pick your top one to three problems

    Do not list twelve.

    Your mentor search gets stronger when you focus on the few issues that matter most right now. Usually that means one of these buckets:

    • Clarity problem
      You don’t know who the customer is, what they need, or whether your idea deserves another month of your life.

    • Execution problem
      You know what to do, but you keep stalling, second-guessing, or making avoidable mistakes.

    • Access problem
      You need introductions, supplier insight, channel knowledge, or industry context you do not have.

    If you need help tightening those goals, this guide on setting business goals is a solid place to sharpen your thinking before you contact anyone.

    Decide what kind of mentor you need

    Not every mentor plays the same role.

    The accountability mentor

    This person helps you keep promises to yourself. They are useful when you know what to do but keep drifting.

    The subject-matter mentor

    You bring this person in for a specific knot. Pricing. Retail. Paid social. Supply chain. Packaging. Amazon. Wholesale. One sharp tool for one sharp problem.

    The operator mentor

    This is the founder who has lived through the stage you’re entering. They help you with judgment, not just tactics.

    Define your core requirements

    This part gets skipped too often.

    Write down the values you want in the relationship. If kindness and boldness matter to you, say that. If you want someone who can challenge you without turning every conversation into a flex, say that too.

    You are not hiring a biography. You are choosing a thinking partner.

    If you can describe your problem clearly, you stop chasing random mentors and start attracting relevant ones.

    Where to Look for Mentors Who Get It

    The best mentor in Chicago is usually not the loudest person in the room.

    A lot of founders chase status first. They want the founder with the big exit, the huge LinkedIn following, the packed keynote. That search burns time. Visibility does not equal generosity. Credentials do not tell you whether someone is kind, honest, or willing to tell you the truth without making you feel small.

    Look for rooms where people act like humans.

    A diverse group of four friends chatting and having coffee together in a bright, cozy cafe.

    Start with rooms that screen for character

    In the Midwest, your best opportunities often come from smaller circles where people know each other well enough to drop the act. Founder dinners. Operator groups. Tight industry meetups. Private communities with moderation. Places where somebody notices if a person keeps dominating, posturing, or handing out fake warmth.

    That matters more than founders admit. A mentor can have a sharp resume and still be a bad fit if every conversation turns into a performance. You do not need performative positivity. You need someone who can say, “Your pricing is off,” or “You are playing too small,” and still leave you steadier than they found you.

    Chicago Brandstarters is one example of that kind of environment. It hosts small private dinners and group chats for vetted founders in Chicago and the Midwest. The format matters because it pushes people toward real conversation instead of speed networking.

    Use formal mentor networks if you need traction fast

    Organic mentorship is overrated.

    If you need a clean place to start, use a structured network and get on with it. SCORE mentor matching is practical, free, and built for founders who need guidance now, not someday. You can search by location, answer a few questions, and get matched with someone who fits the stage or problem you are dealing with.

    Will every match be great? No.

    But a formal network gives you reps. It helps you practice asking sharper questions, explaining your business clearly, and noticing what kind of guidance helps you.

    Use Chicago and Midwest channels that reward substance

    Coastal startup culture gets a lot of attention. It also rewards polish. Chicago tends to reward people who know how to build. That is an advantage if you use it.

    I would look in these places first:

    • Industry associations
      Category experience beats generic startup advice. If you sell food, beauty, CPG, software for logistics, or anything else with real operating complexity, go where people know the business, not just the buzzwords.

    • Local chambers and business groups
      These groups are less flashy and often more grounded. You will meet owners, operators, and longtime builders who understand how money moves in your city.

    • Incubators and small business programs
      Some are mediocre. Some are excellent. The useful ones give you access to operators, alumni, and mentors who have already worked through the stage you are entering. This roundup of small business incubators is a solid starting point.

    • Curated networking communities
      Skip giant free-for-all events when you can. Groups with a clear host, a clear purpose, and some standards usually produce better conversations. If you want a practical way to find and work those rooms, these business networking strategies for founders will help.

    Judge the room before you judge the person

    A bad room will hand you bad mentor options.

    After any event or community, ask yourself three questions:

    | Question | Good sign | Bad sign |
    |—|—|
    | Are people sharing real problems? | Specific challenges, honest misses | Vague wins, polished speeches |
    | Do builders outnumber sellers? | Founders, operators, investors with context | Service providers hunting leads |
    | Does the warmth feel earned? | Curiosity, listening, direct feedback | Instant praise, fake intimacy, image management |

    That last one matters. A lot of younger founders get pulled in by people who sound supportive but never say anything concrete. That is not kindness. It is avoidance wearing a nice outfit.

    The right mentor room feels calm, candid, and useful. You leave with clearer thinking, not a stack of business cards.

    How to Reach Out Without Getting Ignored

    Most outreach fails because it asks for too much trust too fast.

    If your message sounds copy-pasted, flattering, or vague, busy people smell it instantly. They ignore it because they should.

    Respect gets replies. Precision gets replies. Restraint gets replies.

    A person typing on a laptop computer screen displaying a message crafting interface on a wooden table.

    Ask for a conversation, not a relationship

    Do not open with “Will you be my mentor?”

    That is like proposing on the first date. You have not earned that ask yet.

    Open with one specific reason you picked them, one specific problem you’re working on, and one small ask.

    Bad outreach sounds like this:

    “Hi, I admire your journey and would love to pick your brain sometime.”

    That message says nothing. It gives them work. It smells lazy.

    A better message sounds like this:

    Hi Maya, I’m building an early-stage skincare brand in Chicago. I saw you talk about retail readiness and wholesale timing, and that hit a nerve because I’m deciding whether to keep selling direct or start pitching small retailers. Would you be open to a 15-minute call next week on that one decision? I’ll come prepared and keep it tight.

    That works because it is specific, respectful, and easy to answer.

    Use the warm path whenever you can

    Cold outreach still has a place. Warm introductions are better.

    That is not just etiquette. It provides an advantage. As covered earlier, structured networks that create warm connections outperform pure cold chasing. If you need a practical primer on building those relationships, these business networking strategies are worth a look.

    When you ask for an intro, make it easy for the connector. Write the blurb for them. Include who you are, why you want to meet, and what the ask is.

    Keep your message to four parts

    1. Specific context
      Show you know who they are and why you chose them.

    2. One real problem
      Not your whole startup saga. One knot.

    3. Time-boxed ask
      Fifteen minutes. Twenty max.

    4. Low-pressure close
      Give them an easy out.

    Here’s a plain template I like:

    Hi [Name], I’m building [brief description] in [city]. I’m reaching out because your experience with [specific thing] seems directly relevant to a decision I’m making around [specific issue]. If you’re open to it, I’d love to ask you three focused questions on a 15-minute call. If now isn’t a fit, no pressure either way.

    That’s enough.

    Here’s a useful breakdown of the mindset behind strong outreach.

    What to never do

    • Don’t send a wall of text
      Nobody wants your life story in a first message.

    • Don’t fake intimacy
      “I’ve followed your journey for years” feels creepy when it’s not true.

    • Don’t ask vague questions
      “Can I pick your brain?” is a tax, not an invitation.

    • Don’t hide the ball
      If you want guidance, say so plainly.

    Good outreach feels like you’ve done your homework and value their time. Bad outreach feels like homework you assigned them.

    The Founder’s Guide to Vetting Mentors

    A famous mentor is not automatically a good mentor.

    Chicago founders learn this faster than coastal founders do, because the Midwest is small enough that reputations travel and real character eventually shows. You do not need someone with the loudest resume. You need someone who tells the truth, stays kind under pressure, and cares more about your growth than their own image.

    Infographic

    Bad mentors rarely announce themselves. They show up polished, encouraging, and generous with their time. Then, a few conversations in, you notice the pattern. They love sounding wise. They love being around founders. They do not help you make better decisions.

    That kind of relationship gets expensive fast. It can drain months of momentum and train you to second-guess your own judgment.

    Use an alignment and verification filter

    Vet mentors in this order. Values first. Experience second. Conversation fit third.

    Founders often reverse that. They start with credentials, get impressed, and only later ask whether this person is honest, grounded, and safe to learn from. That is backward.

    Charisma covers a lot of sins.

    Step one checks values before expertise

    Kindness and boldness are not soft traits. They shape the quality of every hard conversation you will have.

    A mentor with boldness but no kindness can become cruel, performative, or controlling. A mentor with kindness but no boldness can become pleasant and useless. You want both. Someone who can look you in the eye, tell you your pricing is broken, and leave you feeling clearer instead of smaller.

    Ask yourself:

    • Do they tell the truth without humiliating people?
    • Can they challenge me without making me guarded?
    • Are they trying to help me grow, or trying to make themselves important?
    • Would I trust them with a mistake I am embarrassed to admit?

    If the answer is no, keep looking.

    A good mentor lowers the cost of honesty. If you feel like you need to impress them, the relationship is already off.

    Step two verifies what they know

    LinkedIn is a highlight reel. Treat it that way.

    Read the bio, then get specific. A person who advises late-stage SaaS companies may be the wrong guide for a pre-seed consumer founder in Chicago trying to get customers, not vanity metrics. A founder who raised a lot of money is not automatically good at helping you build a durable business in a market that rewards substance over hype.

    What to verify

    • Stage fit
      Have they helped at your stage, with your level of mess and uncertainty?

    • Model fit
      Do they understand your kind of business, or are they forcing every company into the same playbook?

    • Decision fit
      Can they explain specific problems they have helped solve, not just outcomes they were near?

    • Incentive fit
      Are they mentoring cleanly, or steering you toward their fund, firm, service, or ego boost?

    You are not being cynical by asking this stuff. You are being responsible.

    Plenty of younger founders get pulled in by proximity. Someone knows investors, posts smart threads, or hangs around startup circles, so they must be credible. Not true. Proximity is not operating experience.

    Step three uses conversation as a stress test

    The first meeting is not a ceremony. It is a test.

    Pay attention to how they think, how they listen, and how they handle uncertainty. The strongest mentors do not rush to perform intelligence. They work to understand the problem in front of them.

    Ask questions that force real answers.

    Ask for failure stories

    Skip the polished wins for a minute. Ask these instead:

    • Tell me about a time you gave advice that turned out wrong.
    • Tell me about a founder problem that looked small at first and became expensive.
    • Tell me about a company you should have challenged harder.

    Those answers reveal far more than a victory lap ever will. You learn whether they can admit limits, own mistakes, and speak plainly about messy situations. That is what an operator sounds like.

    A mentor who cannot talk clearly about failure is usually protecting an image.

    Green flags and red flags

    Here is the short version.

    Green flags Red flags
    They ask thoughtful questions They dominate the conversation
    They explain their reasoning They hand down opinions like rules
    They share mistakes without theatrics They only tell stories where they look brilliant
    They respect your boundaries They push for influence too early
    They say “I don’t know” when needed They have a ready-made answer for everything

    Watch for performative positivity

    This matters a lot in founder circles.

    Some mentors sound supportive because they never create tension. They praise your vision, tell you to keep going, and wrap every conversation in upbeat language. Founders mistake that warmth for care. It is often avoidance.

    Performative positivity is support theater. It protects the mentor from discomfort and leaves you alone with the decision.

    You will hear lines like:

    • “You’ve got this.”
    • “Just stay consistent.”
    • “It’ll all work out.”

    None of that helps when you need to decide whether to cut a product line, fire a contractor, change your offer, or admit the market is not responding.

    Real support sounds more like this:

    • “What evidence says this customer wants the product?”
    • “What would make you stop doing this?”
    • “Which fact are you avoiding because it might force a hard call?”

    That is the kind of mentor you want. Honest. Calm. Useful.

    Midwest founders should be extra alert here. In Chicago, people often know how to be pleasant in a room. Pleasant is not the same as sincere. Learn the difference.

    Test whether they listen

    I care less about how smart a mentor sounds than how accurately they hear you.

    A strong mentor usually does three things early:

    1. They ask clarifying questions.
    2. They reflect your problem back in a way that feels accurate.
    3. They resist making the conversation about themselves.

    If they jump into advice before they understand your business, be careful. Fast advice can feel impressive. It is often lazy.

    Protect yourself from soft manipulation

    Some mentors do not want to mentor you. They want access.

    It starts in ways that seem harmless. More check-ins than you asked for. Pressure to include them in decisions. Suggestions that they should meet your team, review your deck, join investor calls, or stay closer to the business. A little later, the relationship starts to feel like unpaid consulting, shadow management, or a pipeline into their own business interests.

    Notice the pattern early.

    That does not mean every paid advisor is bad. It means motives matter, and clean motives are easier to work with than tangled ones.

    Questions that reveal motives

    Ask directly:

    • What kinds of founders do you enjoy helping most?
    • What makes a mentorship relationship useful for you?
    • What boundaries do you prefer?
    • When should a founder ignore a mentor’s advice?

    That last question does real work. Good mentors know where their judgment stops. They do not need to be right all the time to be valuable.

    Run the first three meetings like experiments

    Do not make a long-term decision because one conversation felt good.

    Use the first few meetings to judge four things:

    • Clarity
      Do I leave thinking better?

    • Energy
      Do I feel steadier and more honest, or more scrambled?

    • Trust
      Can I say the ugly truth here?

    • Relevance
      Does their advice fit my business, my market, and my values?

    Give it a little time, then call it cleanly. If you feel confused, managed, indebted, or subtly diminished after a few conversations, end it.

    You do not owe anyone a permanent seat in your head.

    The right mentor helps you become more capable, not more dependent.

    Turn a First Meeting into a Lasting Partnership

    A good first conversation means almost nothing if you never build a rhythm. Founders often get sloppy at this point. They have one strong call, say “we should stay in touch,” then let the relationship drift into occasional texts and vague goodwill. That is not mentorship. That is a pleasant memory.

    Good mentorship needs some structure. Not bureaucracy. Structure.

    Put the relationship on one page

    Keep it simple.

    After a strong first or second meeting, send a short note that covers:

    • what you’re working on
    • the one to three areas where their guidance helps most
    • how often you’d like to connect
    • what kind of communication works best
    • any obvious boundaries

    That is enough. You do not need a contract. You need clarity.

    This fits the broader rule that effective mentorship works better when you define needs early, use compatibility conversations, and check whether the person is willing to talk about both wins and failures (StartupNV on structured mentorship).

    Run cleaner meetings

    If you show up rambling, your mentor has to do too much sorting.

    Send a short agenda before every meeting. Mine would look like this:

    1. Wins since last time
    2. Current challenge
    3. One decision where I want your input

    That format forces focus. It also respects their time.

    A sample pre-meeting note

    Hey Sam, for tomorrow I’d love your take on one decision. I can share a quick update on customer interviews, then spend most of the call on whether I should test wholesale now or wait until the offer is tighter. I’d also value your gut check on what I may be missing.

    That sets the table well.

    Give value back

    A lot of founders treat mentors like one-way fountains.

    Bad move.

    You may not have money or influence yet, but you still have ways to contribute:

    • share a useful article or customer insight
    • follow up on advice and report what happened
    • make a thoughtful introduction when relevant
    • say thank you in a way that is specific, not gushy

    Mentors like seeing that their time changed something. Close the loop.

    Know when to graduate

    Not every mentorship should last forever.

    Some mentors are right for a season. Maybe they helped you get your first product out. Maybe they helped you survive the leap from idea to revenue. Then your needs changed.

    That is healthy.

    You can end the active rhythm without ending the relationship. A simple note works:

    I’m grateful for how much your guidance helped me through this stage. I’m moving into a different set of challenges, so I’m going to pause our regular calls. I’d still love to keep you posted from time to time if that works for you.

    Clean. Respectful. Adult.

    The point of mentorship is not permanent dependence. It is growth.

    Answers to Your Toughest Mentorship Questions

    Should I ever pay for a mentor

    Sometimes, yes. But be honest about what you’re buying.

    A mentor usually offers judgment, perspective, and relationship. A coach helps you perform better through structure and accountability. A paid advisor or consultant should bring specialized expertise and do work with a clear scope.

    Problems start when people blur those lines.

    If someone is charging you, ask what the arrangement is. If it is paid, make sure the deliverable is clear. Do not pay for vague access to someone’s aura.

    What if my mentor gives advice that feels wrong

    Do not obey just because they are older, richer, or louder.

    A mentor gives you input. You still own the decision.

    Push back respectfully. Say something like:

    I want to test that thinking. My concern is that this may not fit my customer or stage. Can I walk you through what I’m seeing?

    A good mentor will welcome that. A bad one will get defensive.

    How do I end it if it is not a fit

    Do it early.

    You do not need a dramatic speech. You need honesty and respect.

    Use a note like this:

    I appreciate the time you’ve given me. I’ve realized I need a different kind of support for this next stage, so I’m going to pause our mentoring relationship. I’m grateful for your help and wanted to say that directly.

    That is enough.

    What if I feel intimidated by someone I admire

    That feeling is normal. It is also useful.

    Admiration becomes a problem only when it stops you from evaluating the person clearly. If you feel yourself shrinking, hiding, or trying to impress them, slow down. Mentorship works when you can bring the messy truth into the room.

    How many mentors should I have

    Usually fewer than you think.

    One strong operator mentor and maybe one specialist can be enough. Too many voices create strategic soup. You start outsourcing judgment instead of sharpening it.

    What if nobody replies

    That does not always mean your ask was bad. Timing matters. People get busy.

    But before you send more messages, check the basics:

    • Was your ask specific?
    • Did you choose someone relevant?
    • Did you make it easy to say yes?
    • Did you ask for a conversation instead of a title?

    If the answer is no, fix the message. If the answer is yes, keep going.

    A thoughtful founder with a clear ask will eventually find the right door.


    If you want a less transactional way to build founder relationships in Chicago, Chicago Brandstarters is a free, vetted community for kind, bold, hard-working founders and aspiring founders. You join small private dinners and an active group chat built for honest war stories, practical advice, and real support, not performative networking.

  • Contrarian Thinking Reviews: A Founder’s Honest Take

    Contrarian Thinking Reviews: A Founder’s Honest Take

    You’re probably seeing Contrarian Thinking everywhere right now.

    A short clip about buying a laundromat. A tweet about skipping startups and buying cash flow instead. A polished pitch that says you do not need to invent the next big thing. You just need to buy something boring that already works.

    I get why that message hits. If you’re a Chicago founder with more grit than cash, building from zero can feel like pushing a car through snow. Every step takes effort. Every mistake costs time you do not have. So when someone says, “Stop creating from scratch. Buy the machine that already prints money,” you lean in.

    I did too.

    But contrarian thinking reviews either worship the brand or dunk on it. That’s lazy. If you’re an early-stage Midwest entrepreneur, the question is simpler. Can you use this stuff if you are not already rich, not already connected, and not trying to become some internet finance character?

    Here’s my take.

    Option Best for Main upside Main downside My advice
    Free newsletter Curious beginners Low-risk way to learn the philosophy Can feel broad and repetitive over time Start here
    Entry-level products Self-starters who want structure More organized than social content Price jumps fast, value depends on execution Only buy if you like learning solo
    Mastermind or premium community Operators actively pursuing a deal Access to calls, community, mentors, events Expensive, and buying a business still takes real capital and judgment Only if you are already in motion
    Ignore it and build your own brand Creative founders with a strong product vision Full control, local focus, brand equity Slower path, no existing cash flow Better for many Chicago builders
    Use the ideas without buying the ecosystem Bootstrapped Midwest founders You get the mindset without the upsells Requires discipline and local hustle This is my favorite path

    Why Is Everyone Talking About Contrarian Thinking

    The pitch is clean.

    Stop chasing startup glamour. Stop raising money for an app nobody asked for. Go buy a “boring business” like a car wash, plumbing company, or laundromat. Own cash flow. Build wealth. Repeat.

    That message spreads because it attacks a frustration many founders feel. We’ve all watched people spend years building decks, brands, and prototypes with no revenue. Then Contrarian Thinking comes along and says, “Buy profits, not projections.” It sounds like common sense because it is.

    Why the message lands right now

    A lot of founders are burned out on the usual playbook.

    They do not want to beg for investor intros. They do not want to play startup theater on LinkedIn. They want something real. A business with customers, invoices, and a phone that rings.

    That is where Codie Sanchez has been smart. She wrapped small business acquisition in a sharp media brand. The result feels fresh even though the underlying idea is old school.

    Why Midwest founders especially pay attention

    In the Midwest, we already respect steady businesses.

    We do not need a lecture on the value of a company that fixes roofs, moves freight, cleans offices, or services equipment. We grew up around those businesses. We know they matter. Contrarian Thinking repackages that reality and makes it feel like a movement.

    My read: the idea is attractive because it offers a shortcut around the most painful part of entrepreneurship, getting from zero to working revenue.

    That does not mean the shortcut is easy.

    A lot of contrarian thinking reviews miss that part. They talk like buying a business is a cleaner version of starting one. It is not. You are not skipping risk. You are swapping one kind of risk for another. Instead of wondering whether customers will show up, you wonder what the seller is not telling you.

    That’s a big difference.

    The Core Philosophy Behind Buying Boring Businesses

    The easiest way to understand this model is to compare it to building a house.

    If you start a brand from scratch, you are buying raw land. Then you pour the foundation, frame the walls, run the wiring, and hope the house turns out the way you imagined. It can become something beautiful. It can also take forever and drain your your cash.

    Buying a boring business is closer to buying an older house with ugly cabinets and good bones.

    Concrete foundation work on a construction site with rebar columns and blue architectural blueprints in foreground.

    You are not starting from dirt. You are buying something that already stands. Customers exist. Revenue exists. Maybe the website is terrible. Maybe the owner is tired. Maybe no one ever modernized operations. That is the opening.

    What the model gets right

    The philosophy has a few strong pillars.

    • Buy unsexy demand: Nobody brags at dinner about owning a striping company or a dry cleaner. That is often the point. Less glamour can mean less competition from hype-driven buyers.
    • Focus on cash flow: The model cares less about storytelling and more about whether the business reliably makes money.
    • Use deal structure as an advantage: A lot of the game is not just what you buy, but how you buy it.
    • Improve, do not reinvent: You look for obvious fixes. Better systems. Better hiring. Better marketing. Better follow-up.

    That basic thinking is solid. I like it because it forces discipline.

    A lot of first-time founders hide in creativity. They tweak logos, write mission statements, and call it progress. Buying a real business strips away fantasy. You either understand operations or you do not.

    Where people misunderstand it

    People hear “boring business” and think “easy business.”

    That is wrong.

    A boring business can still have angry customers, messy books, old equipment, employee turnover, and owner habits that never got written down. Buying one is not a cheat code. It is more like taking over a restaurant mid-shift. Food is already on the stove. You have cash coming in. You also inherited the chaos.

    Why this matters if you are bootstrapped

    If you are short on capital, this philosophy still helps because it changes how you make decisions.

    Instead of asking, “What exciting thing should I start?” ask, “What painful, ordinary problem already has buyers?” That one question can save you months. It also fits the kind of practical decision-making I push in my own work around business building, which is why I like frameworks like this one on making decisions as a founder.

    Good use of contrarian thinking: let it sharpen how you evaluate opportunities.
    Bad use of contrarian thinking: let it trick you into believing operating a local service business is somehow simple.

    Is Codie Sanchez Credible Or Just A Great Marketer

    Short answer. She is both.

    That is not an insult. Great marketers often get dismissed as if they must be fake. That’s sloppy thinking. If someone builds a strong brand and also has operator credibility, you should acknowledge both.

    According to Contrarian Thinking’s own event recap, the platform reaches thousands of small business owners, drew about 1,000 owners, investors, and operators to a recent 3-day conference in Austin, and Sanchez says her portfolio has scaled to nine figures in revenue across dozens of businesses. The same post also notes her flagship mastermind increased from $8,000 to $10,000 (Contrarian Thinking event recap).

    Those are not small signals.

    What I think that proves

    It proves she has market pull.

    It proves people are willing to pay to learn from her. It proves she knows how to package an idea in a way that cuts through noise. And it suggests she is not just commenting from the sidelines.

    That matters. I trust practitioners more than theorists.

    What it does not prove

    It does not prove that her playbook becomes easy for you just because it worked for her.

    A lot of contrarian thinking reviews go sideways because they confuse founder credibility with student outcomes. Those are different things. A brilliant operator can still sell a program that many buyers struggle to apply.

    That gap matters particularly if you are early in the game and still figuring out whether to start, buy, or validate an idea. If that’s where you are, I’d spend more time on basics like how to validate a business idea than on dreaming about your future acquisition empire.

    My opinion on the credibility question

    I do not think Codie Sanchez is just selling air.

    I also do not think her success transfers to a bootstrapped founder in Chicago who has limited cash, limited deal experience, and no appetite for expensive mistakes. She has credibility. No question. But you still need to separate “this person knows what she’s doing” from “this product is the right next move for me.”

    Those are not the same sentence.

    My advice: respect the operator, then interrogate the offer.

    What You Get With Contrarian Thinking

    Many people talk about Contrarian Thinking like it’s one product. It’s not.

    It’s an ecosystem. Free content at the top. Paid education in the middle. Premium access at the high end. If you do not understand that ladder, you can talk yourself into spending money for the wrong reason.

    Infographic

    The simple breakdown

    Tier What you get Who it fits My take
    Free newsletter and content Articles, clips, broad business-buying ideas Anyone curious about the space Best starting point
    Entry-level paid product More structured education than social posts Self-directed learners Fine, but not magic
    High-ticket mastermind Weekly live calls, Slack group, in-person events, expert mentors Buyers actively pursuing deals Useful if you already have momentum

    The premium offer matters because it shapes expectations. The flagship mastermind includes weekly live calls, Slack access, in-person events, and expert mentors, and the price moved from $8,000 to $10,000, according to the Contrarian Thinking event recap linked earlier.

    That tells me the value proposition is not just information. It is access, accountability, and proximity.

    The good

    There are clear strengths here.

    First, people like the community side. One review summary says Contrarian Thinking holds a 4.9-star Trustpilot rating, with praise for community access and the overall value of being around other buyers and operators. The same review summary also says critiques point to repetitive content and high prices, from a $150 entry-level product up to a $10,000 annual mastermind, with complaints about upsells to additional services (YouTube review summary of Contrarian Thinking).

    That mix feels believable to me.

    A lot of business education products are useful because they compress learning and connect you to people on the same path. That part can be worth paying for, particularly if you need structure.

    The bad

    The biggest issue is simple. Information is not execution.

    You can watch lessons on acquisition. You can sit in a Slack group. You can ask experts questions. None of that means you can evaluate a seller, manage diligence, secure financing, or run the business after closing.

    The second issue is pricing creep.

    If you are bootstrapped, every purchase has to compete with business uses for cash. Inventory. Samples. Travel. Legal review. Software. A good CPA. A small founder can burn serious money buying education that feels productive without changing their position.

    What I would buy and what I would skip

    If I were advising a Chicago founder over dinner, I’d say this:

    • Start with free: Read the newsletter. Watch the free content. See if the worldview changes how you think.
    • Buy structure only if you act: If a course helps you move faster, fine. If you want motivation above all else, save your money.
    • Do not buy community to cosplay as a buyer: Join the premium level only if you are already talking to sellers or preparing to.

    Rule of thumb: if you are not taking calls, reviewing deals, or preparing financing conversations, a premium acquisition community is likely premature.

    A lot of contrarian thinking reviews focus too much on whether the content is “worth it.” That’s the wrong frame. The better question is whether the product matches your stage.

    For most early-stage Midwest founders, the free layer is enough at first.

    A Midwest Founder's Guide To The Pros And Cons

    The idea either gets practical or falls apart here.

    If you live in Chicago, Milwaukee, Indianapolis, Grand Rapids, or a smaller Midwest market, the case for buying a business is not abstract. You are surrounded by owner-led companies that run without fanfare, serve local demand, and never trend online.

    That is the upside.

    The downside is that you still need judgment, stamina, and some way to bridge the capital gap.

    A professional man holding a green coffee mug while sitting at a sunny office desk overlooking a city.

    The strongest argument for the model

    The opportunity exists because the market is messy.

    One review of Codie Sanchez’s framework says there are about 2.5 million small businesses for sale, 10,000 baby boomers retiring daily, and that 91% of motivated sellers fail to sell and instead close down (review summarizing the Contrarian Thinking market thesis).

    That last number is the one that matters most to me.

    It means a lot of owners do not have a clean exit. That creates openings for prepared buyers who know how to have the conversation, structure a deal, and move with seriousness.

    The Midwest advantages

    If you are local, humble, and willing to do legwork, you have a shot.

    • You understand practical businesses: This region respects operators.
    • You can build trust faster in person: Local reputation still matters here.
    • You may find overlooked sellers: Not every owner wants to list broadly or deal with flashy buyers.
    • You can compete with hustle: In smaller circles, reliability beats polish.

    The Midwest problems

    Now the hard part.

    You may love the theory and still be a terrible fit for the business's practical aspects.

    Running a boring business can mean staffing headaches, route logistics, old-school customers, and inherited systems that nobody documented. A founder who loves product, brand, and storytelling might hate that life.

    There is also an identity issue. Some people do not want to own a small business. They want the status of being someone who owns one. Those people get crushed fast.

    My filter

    Ask yourself these questions.

    Question If your answer is yes If your answer is no
    Do you like operations? Buying may fit you Building may fit better
    Can you talk to sellers without freezing? You can learn the deal side You may stay stuck in theory
    Are you okay owning something unglamorous? Good sign Bad sign
    Do you want cash flow more than personal expression? Buying gets stronger Brand building gets stronger

    My opinion: for Midwest founders, the Contrarian Thinking philosophy is strongest as an opportunity lens, not as a personality transplant. Do not force yourself into an operator identity you do not want.

    Buying A Business Vs Building Your Brand From Scratch

    This is the fork in the road.

    A lot of people read contrarian thinking reviews because they are asking a bigger question. Should I buy momentum or create it?

    That is not just a money question. It is a lifestyle question.

    A split screen showing a storefront window labeled Open and a designer drawing on a digital tablet.

    Building gives you authorship

    When you build from scratch, you get control.

    You choose the product. You choose the voice. You choose the customer. That matters if you are trying to create something with emotional resonance or long-term brand equity. For creative founders, this path is hard but honest. The business feels like yours because it is.

    The downside is brutal. No customers at the start. No systems. No proof. You must create trust from nothing.

    Buying offers an advantage

    When you buy, you skip the blank page.

    You inherit customers, workflows, and some level of demand. That can shorten the path to revenue. It also means you inherit whatever is broken. If the last owner kept key knowledge in his head, congratulations. You just bought a puzzle with missing pieces.

    The practical middle ground

    This is the move more Midwest founders should consider.

    Use contrarian ideas without going full acquisition guru.

    One of the most useful nuances in the broader conversation is seller financing. A review focused on bootstrapped founders says 70% of small business sales under $1M in revenue use seller financing, and frames that as a practical tool for founders who do not have big cash reserves (YouTube discussion focused on bootstrapped application).

    That matters because it opens a door between “start from zero” and “buy a whole established company.”

    You might not buy a large operating business. But you could explore a small local acquisition, a micro-brand, or a service business add-on. You could also use seller-financing logic as part of your own deal strategy when you evaluate opportunities with a sharper eye.

    If you’re serious about that path, I’d start with a practical checklist like these questions to ask when buying a business.

    My challenge to the default belief

    The default startup belief says the noble path is to invent from scratch.

    I reject that.

    A lot of founders cling to originality because it flatters the ego. But markets do not care about your ego. Buyers care whether you solve a problem. Sometimes the smartest move is to buy a small machine that already works and improve it.

    A short explainer can help if you’re still weighing the tradeoff.

    That said, I do not think buying is superior.

    If you are the kind of founder who comes alive when shaping product, design, message, and customer experience, then a business acquisition might become a distraction wearing a smart-person costume. You will spend months chasing a path that looks efficient but does not match your strengths.

    My bias: buy when you want operations and cash flow. Build when you want authorship and brand. Mix both only if you have the discipline to stay clear-eyed.

    My Verdict And Your Next Steps

    Here’s my verdict.

    Contrarian Thinking is worth studying. It is not worth following uncritically.

    I like the core philosophy. I respect the operator angle. Codie Sanchez has earned attention. I also think a lot of founders use this content as fantasy fuel instead of taking real action.

    If you are in Chicago or the broader Midwest, I would not ask, “Is Contrarian Thinking good or bad?” I’d ask, “What am I trying to become?”

    Who it is for

    Contrarian Thinking fits you if:

    • You like operations: systems, staff, process, repeatability.
    • You care more about cash flow than self-expression: very different founder profile.
    • You can handle awkward conversations: sellers, brokers, lenders, employees.
    • You want to buy your way into momentum: instead of inventing from zero.

    Who should be careful

    It is likely a distraction if:

    • You are still addicted to idea-hopping
    • You want content more than consequences
    • You are a creative brand-builder at heart
    • You do not yet have the patience to inspect messy realities

    What I recommend based on your stage

    If you are brand new, do this. Read the free content for a while. Let the framework challenge your assumptions. Do not spend money just because the marketing is good.

    If you are considering a purchase, then maybe paid structure helps. But only if you are already in conversations and doing the hard work.

    If you are a bootstrapped founder with more hustle than capital, use the mindset without buying the whole ladder. Learn how deals work. Learn what sellers want. Learn how to think about cash flow and structure. Then apply those lessons locally.

    If you are building a brand from scratch and making progress, stay focused. Do not let acquisition content become an advanced form of procrastination.

    My simplest advice: use Contrarian Thinking as a lens, not an identity.

    That’s the cleanest way I can say it.

    You do not need to become a Main Street acquisition influencer. You need to become someone who sees opportunities more clearly, makes better decisions, and does not confuse sexy with smart.


    If you want a place to talk through these choices with real founders in Chicago, not internet performers, check out Chicago Brandstarters. It’s a free community for kind, hard-working builders who want honest feedback, real relationships, and practical help as they grow.