EP 28: LIZ ELTING
Liz Elting, Founder and CEO of the Elizabeth Elting Foundation and the Co-Founder and Co-CEO of TransPerfect, the world's largest language solutions company, with over $1.2 billion in revenue and offices in more than 100 cities worldwide.
The Liz Elting Foundation scholarship opportunities for entrepreneurial young women, funds groundbreaking women-led startups and social businesses, fosters women’s professional success through educational programs, mentorships, and community building, and supports women-led organizations bridging gaps, building solutions, and tackling systemic issues like food insecurity and social determinants to health so that everyone has the ability to fulfill their highest potential.
Liz received the 2019 Charles Waldo Haskins Award for business and public service from NYU’s Stern School of Business, the American Heart Association’s 2020 Health Equity Leadership Award, the Alliance of Women Entrepreneurs’ 2021 Vertex Award for changing the face and direction of women’s high-growth entrepreneurship, the American Heart Association’s 2022 Woman Changing the World Award, Trinity College’s 2022 Kathleen O’Connor
Boelhouwer ’85 Alumni Initiative Award, the Gabrielle’s Angel Foundation’s 2023 Angel of Hope Award, and the 2023 Entreprenista 100 Award. Liz has been recognized as a NOW Woman of Power & Influence, American Express' and Entrepreneur magazine's Woman of the Year, and one of Forbes’ Richest Self-Made Women every year since the list’s inception. Elting is the bestselling author of Dream Big and Win: Translating Passion into Purpose and Creating a Billion-Dollar Business.
Liz’s story is one of grit, determination, and inspiration for women entrepreneurs. Like she says “dream big and (you will) win.”
Some key takeaways from today’s conversation:
🔸 Entrepreneurialism requires grit
🔸 It’s important to set goals and have objectives to work against
🔸 Quality service leads to repeat business and referrals
🔸 Customer service is everything - know your customers
🔸 Show up when others won’t and do what others don’t
🔸 When you are going into business with a partner you must have a Shareholders Agreement
🔸 Make sure you own the majority of your company so that you are the decision maker in your company
With an eye toward that future, the Elizabeth Elting Foundation is committed to promoting progressive and feminist efforts to eradicate systemic barriers, promote public health and education, achieve workplace equality, rise beyond the glass ceiling, and open the doors to economic independence for those society has far too often shut out.
Dream Big and Win: For the first time ever, entrepreneur, philanthropist, and Forbes' Richest Self-Made Woman Liz Elting shares her story on how she co-founded and grew TransPerfect, the billion-dollar translation and language solutions company that began as a dream in an NYU dorm room. In Dream Big and Win, Elting divulges practical and inspiring tips you can implement immediately, teaching why success is not solely about attaining and wielding power. Elting shows you that fulfilling your highest potential will require you to look beyond yourself. In her honest and often humorous narrative, Elting illustrates why actions are more important than mantras and why doing will always eclipse dreaming. This book is for anyone who has ever dreamed of translating their passion into purpose and creating something bigger than themselves.
