EPISODE · Aug 22, 2023 · 24 MIN
Build to Exit: Michele Hecken on Why Your Business Should Be Able to Run Without You
from Women's Million Dollar Conversations · host Alice Tang
Can your business thrive if you stop showing up? In this episode of Women's Million Dollar Conversations, Alice Tang sits down with Michele Hecken, a serial entrepreneur who ran a global language firm for 25 years before selling it in a glorious, all-cash deal. Michele reveals how she "offboarded" herself—firing herself from tasks she disliked so she could focus on strategy and growth. Michele shares her signature framework, "The Art of Offboarding," explaining how entrepreneurs can build a life of freedom by taking themselves out of the daily "bottleneck". If you're feeling burnt out or overwhelmed by your business, Michele's insights on permissions, clarity, and "doing it your way" are the keys to your next level of success. In this episode, you'll learn: The 5-step framework to offboard yourself and increase your business's exit value. Why money equals freedom and how providing value attracts wealth. How to navigate a financial crisis by mastering your numbers to the "T". The importance of giving yourself "permission" to earn a million dollars. Key Moments: 01:45 – Superpower: How Michele worked only 4–10 hours a week in a growing global firm. 03:45 – The Value of Money: Why money is a consequence of providing value, not a chase. 06:30 – Permission: Overcoming the environmental bias that a million dollars is "unattainable". 11:55 – Step 1 of Offboarding: Why your business plan must follow your life vision. 16:25 – The 2008 Pivot: How a line-by-line financial audit saved the firm during a crisis. 21:50 – Top Advice: Why you must have the courage to trust your own "Paradigm-Shifting" ideas. 23:05 – Gratitude: The joy of helping entrepreneurs remove bottlenecks and create the lives of their dreams.
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Build to Exit: Michele Hecken on Why Your Business Should Be Able to Run Without You
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