E20: The Journey to Becoming One of Forbes' Richest Self-Made Women - Liz Elting

In this episode, Kyle Matthews is joined by Liz Elting. Liz is the co-founder of the world's largest translation service, TransPerfect, and founder of the Elizabeth Elting Foundation. From building her startup in her college dorm to becoming one of Forbes' richest self-made women, Liz has a unique leadership story to tell. She is the author of “Dream Big and Win,” a book that translates passion into purpose, and is a guest lecturer at Columbia and NYU. Today, Liz shares her insight on the importance of scalability, the complexities of business partnerships, balancing work and family, her commitment to growth, and the role of business in giving back to society. 00:00 Introduction and Early Career01:38 Liz's Big Moment in 201804:09 Current Life and Activities07:33 Childhood and Early Experiences09:09 Language Skills and International Experiences11:03 College and Early Career34:53 Starting TransPerfect36:23 Challenges and Successes in Building TransPerfect43:40 Setting Goals44:00 The Early Struggles and Triumphs of Entrepreneurship44:16 The Importance of Resilience45:57 The Challenges of Self-Funding and Balancing Growth46:43 The Evolution of Management Style and Company Growth47:44 The Turning Point: Realizing the Potential for Success58:28 The Journey to Global Expansion01:00:41 Work-Life Balance01:09:00 The Decision to Sell and Achieving Financial Freedom01:14:57 The Creation of the Elizabeth Elting Foundation01:23:19 Reflections on a Successful Career and Advice for Young Professionals