The Exit Club | Interview with Michael Joseph

Hosted 

By 

Michael Joseph

Founder and Former CEO

GreenChef

Published 

4.12.2022

Guest:

Michael Joseph

GreenChef

Founder and Former CEO

Hosted 

By 

James Fratzke

Partner & Executive Strategist

Published 

4.12.2022

Guest:

Michael Joseph

GreenChef

Founder and Former CEO

Michael Joseph is the founder and former CEO of GreenChef, a mealkit business that was acquired earlier this year by HelloFresh. The deal called for Michael to remain with the company, but, like many an entrepreneur, Michael quickly discovered that working for a big company was not for him, and lawyered his way out of his agreements within weeks after the deal closed. He’s prohibited from talking about the details of his departure, but he did share some behind the scenes on the way the deal went down, including the controlling role a board plays and the stress that entrepreneurs go through during the sale process. He also talked about how he has worked on recuperating from his business, while also thinking about what he’ll start next. It was really a treat to speak with Michael. I hope you enjoy our conversation.


What you’ll learn:

That it’s not super advisable to run two companies at once, since one of them ultimately will have to shutter. The stronger one won out, of course.

1) Who calls the shots in a sale, depending on how your company is structured.

2) Why it’s important to take time off after selling a business.

3) How to start thinking about the next venture.

VideoTranscript

Sorry, the transcript is not available at this time. In the meantime, enjoy listening to the episode above.

The Takeaway

James Fratzke

Partner & Executive Strategist

James Fratzke is a Partner and Executive Strategist at Fratzke, specializing in helping clients achieve transformative growth through human-centered digital marketing strategies that align with their business goals.