Ex-Founder Michia Rohrssen: “I'm an adventurer!”
Exit Paradox
Transformative Journeys
This chapter explores the speaker's reflections on how travel influences personal development and identity. It discusses their transition from a business career to pursuing personal interests, the importance of supportive relationships, and their journey towards mental and physical well-being. Key themes include self-discovery, engaging with inspiring individuals, and the role of faith in finding purpose.
Please give a warm welcome to today's guest, Michia Rohrssen: a 3x founder, world champion in 3 martial arts, investor, and content creator with a mission to empower a million people to live lives brimming with freedom, wealth, and happiness. In this interview, Michia shares his secrets for crafting his dream post-exit lifestyle, practical investing, and living life with purpose and a happy marriage—all just 2 years after selling his tech business for $110 million at age 34. Michia has lived in New York City and Silicon Valley but now shares his time between London and Taipei.
- Michia Rohrssen: ''I'm an adventurer"
- Feeling shame and being at fault for being poor. Money as a motivator to start a business.
- Feeling unworthy as the motivator to become World Champion in Karate, Kung Fu and Tae Kwon Do.
- “The negative self-doubt pushing me and the vision for my life pulling me forward.”
- “My life today is everything I hoped in my 20s my life would look like”
- “The James Bond life style that I am living now”
- Tim Ferris as the role model for lifestyle.
- “I am SO proud of whom I’ve become”.
- Financial freedom and the “paradox of choice”.
- The pursuit of money beyond freedom is a wasteful pursuit.”
- How I prepared myself for What’s next before I sold the company.
- A year after the sale: “I am going to give myself permission to take time to figure this out.”
- I gave up a $4.9M earn-out to start my YouTube channel “to help other entrepreneurs to live the life I am living.”
- “Man, I wake up every day and I am super-fulfilled!”
- The “make money” online course space is uniquely crowded with fraudsters, who never actually made money in business.
- “I paid $770K in consulting, advising and mentorship fees.”
- When I ran a start up, I secretly felt everyone in the company was on a mental health journey with me.
- I only want to do things that collectively help my audience make more money
- One on one mentorship is not aligned with how I want to live my life. Unless I can do it scalably, as a platform
- Building another business is absolutely interest me!
- My dream is to give away a billion dollars!
- When I left I had about 200 people working for me
- Prodigy’s business model
- We had no passion for building software for car dealership and was honest with our employees about it
- The sale of Prodigy for “Life-changing money”. How going away and disconnecting helped me pivot the business and sold for much more
- 3 main lessons from building the business.
- Lessons from structuring my business sale. Manage your emotions during the sale process and Eliminate any performance based goals.
- Lessons I learn from my exit and advice to post-exit founders.
- Saying NO. Stick to your investment policy
- How I felt the moment I sold my business.
- “I started feeling the lack of purpose.” “Slowly fidgeting through life till death”.
- Give yourself permission to look for your purpose.
- Post-exit self-care for workaholics.
- My fulfilment formula
- How I design my dream life
- Math problems vs art problems
- My post-exit investing strategies
- How to live off a portfolio. Income vs capital
- I live on 3% of my net worth
- Angel investing
- How to deal with fear of losing money
- My geography: Taipei, Tokyo, London “I don’t want to optimize my life around taxes… As long as taxes are not impeding my lifestyle”
- The benefit of traveling
- I spend a third of my time on self-development: gym, reading, learning Mandarin and Japanese
- How we kept marriage happy though my exit. “She is super happy now”
- Why I never regretted selling Prodigy
- I am willing to pay the “price for admission” into the social circle I want to be in
- I am a massive introvert
- My identity: adventurer, a YouTuber, my values
- Overcoming insecurities
- I don’t love health for health’s sake.
- "My ice bath is one of the biggest life-changes"
- Religion filled up a giant hole in my life
- I hope there will be people whose lives I completely changed
Follow Michia Rohrssen on: instagram.com/askmichia/https://www.youtube.com/@askmichiatwitter.com/AskMichia
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