Michelle Jacobik, a successful entrepreneur who transitioned from employee to business owner. Michelle shares her journey of buying out her employer, expanding the business, and ultimately selling it at a high valuation. With a focus on maximizing business profits and protection for business owners, Michelle's story is filled with challenges and triumphs.
She emphasizes the importance of planning, vision, and financial awareness, offering insights into partnerships, transitions, and life after exit.
Michelle's journey illustrates the power of persistence, learning, and smart financial management. This episode is a treasure trove of advice for aspiring and established entrepreneurs alike.
0:20 Michelle’s Story
2:14 How She Transitioned from Employee to Entrepreneur
6:05 Smart Planning Before Taking the Leap
8:06 Pushing Through Major Financial Roadblocks
10:00 Getting Banks to Say Yes: Approvals & Loans
11:41 Closing a Huge Deal Before Age 30
15:02 Preparing for a Partner Exit the Right Way
16:39 Putting Personal Financial Stability First
19:10 Why Regular Business Checkups Matter
22:15 Sell for Profit, Not Potential
25:04 How a Life Coach Transformed Her Growth
28:22 Finding Your Identity Beyond Your Career
30:10 A Clear Guide to Lifestyle Redesign
34:00 How to Choose the Right Business Partner
35:42 Why You Need Separate Business Plans
39:01 The Power of Individual Business Planning
40:51 Invitation to the InVision Event