Strike It Big The Money Expert: From $0 to $110M the EASY WAY (Michia Rohrssen)
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Oct 5, 2023 Michia Rohrssen, who built and sold a tech business at age 25 for $110 Million, talks about topics such as shifting perspectives on money, real estate misconceptions, starting a software company, and the dark side of Silicon Valley. They also discuss the impacts of selling a business for $110 Million and their goals of reaching a million subscribers on YouTube and buying a private jet.
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Money Stops Being The Point
- Money stopped solving problems for Michia once he reached extreme wealth and lost meaning in chasing larger balances.
- He replaced money goals with measurable purpose (subscriber/follower growth) that gives daily meaning.
First Business Was Automated Game Gold
- At 12 Michia automated RuneScape gold farming with a macro, sold virtual gold on eBay and made $1,000 in a week.
- The accounts got banned soon after, but the experience taught him to turn ideas into income quickly.
Sell Yourself First, Then The Business
- Before pitching, sell yourself: rehearse conviction and frame the meeting as mutual vetting.
- Start by asking the investor how they add value to portfolio companies to flip the dynamic.