Profit Is A Choice

By: Michele Williams | Business Coach | Podcaster |Speaker
  • Summary

  • Owning every choice in your business is not for the faint of heart. Each Monday, join Michele Williams, strategic profitability coach for the interior design industry as she interviews guests who are taking control of their business one decision at a time to increase their profits. If you are an entrepreneur who wants to make money while working in your passion, this is the podcast for you.
    The Scarlet Thread LLC 2018
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Episodes
  • Strategy is Key for Longterm Success
    Jan 5 2025
    276: Strategy is Key for Longterm Success I am so excited about our podcast today. With me is Courtney Bramlett. She is the director of marketing and operations here at Scarlet Thread Consulting and she's also the owner of her own company, The Good Sower. Courtney and I are going to have an in-depth conversation about strategy, why we need to have it, roadblocks that we see when people don't have a strategy, and we will share a little bit about the programs that we have coming this year that are available to help you all with strategy. I hope if nothing else, by the end of our podcast today that you will have a deeper understanding of why strategy is important to the overall long-term success of your company. Enjoy the podcast. Topics Mentioned: Strategy Intentionality Goal Setting Prioritization Key Thoughts: The true strategy is much, much deeper and more granular. When it's understood and done well, then your day-to-day becomes easy. Courtney Bramlett A strategic plan is meant to be over multiple years in most cases. It certainly is going to be the most detailed in the year that you're working in. Michele Williams Business owners get in this rut of feeling like they're never hitting these objectives and goals that they have because they're trying to run in a thousand different paths at one time. So, I think strategic planning helps them with burnout, reducing burnout and decision fatigue too. Courtney Bramlett Two words that I see a lot of people run from and I think again, it goes back to education. They run from the word strategy, and they run from the word budget. They run from those because they think they lock them down. What I would say is they actually free you up. Because what a strategy is and what a budget is are decisions that you're making in advance. Michele Williams Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams References and Resources: Work with Me Metrique Solutions The Designers' Inner Circle - Become a Member Today Pricing Without Emotion course Financial Health Check Up 12 Week Year by Brian P Moran The Gap and the Gain by Benjamin Hardy and Dan Sullivan Traction by Gino Wickman Fix This Next by Mike Michalowicz My New 8-week Group Coaching Program Kicks Off in January! Join the waitlist for my newest group coaching program, How to Build, Manage, and Execute on a Business Strategy. Over 8 weeks, you'll learn how to create a business strategy, set key results to track its success, and leverage a decision-making process to ensure every choice drives you toward your ideal future. Register now to know when registration opens
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    50 mins
  • Cheers to 2024!
    Dec 29 2024
    275: Cheers to 2024! Every year Ceil DiGuglielmo and I sit down and chat about the prior year. We talk about the books we've read, some of the things that have happened in our lives, and how those experiences have shaped us to be the business owners that we are and that we are becoming. I am excited to, once again, invite you to listen in as Ceil and I discuss the year 2024. Topics Mentioned: Strategy Intentionality Planning MIndset Key Thoughts: Especially as women, we spend a lot of time waiting because our job is to manage our families and our households and everything else as opposed to being happy in this moment. Ceil DiGuglielmo What I kept seeing is we kind of have an epidemic of we're all doing our jobs, we're working, we're satisfying the client, but we don't have a guide or a path of where we want our business to go. Michele Williams It's almost like we're running this race and we're handed the baton to the next person and I'm looking for that person just like everybody else, who can I hand this baton to that's going to love the industry and who's going to love people? Michele Williams There have been enough generous people who have the knowledge and are willing to share it, that we can pull those people up behind us. I think if there's a legacy to be had, something to look towards, is what can I leave behind that will make life easier for other people so they don't have to have those hard knocks? Ceil DiGuglielmo Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Ceil: Website: The Sew Much More Podcast Website: The Curtains and Soft Furnishings Resource Library Facebook: The Sew Much More Podcast Facebook: The Curtains and Soft Furnishings Resource Library Instagram: @ceildi Instagram: @csf_resource_library Email: ceilwdi@gmail.com References and Resources: CFO2GO Work with Me Metrique Solutions The Designers' Inner Circle - Become a Member Today Pricing Without Emotion course It's Okay to be The Boss by Bruce Tulgan Price Your Work with Confidence by Kitty Stein The Recipe For Empowered Leadership: 25 Ingredients For Creating Value & Empowering Others by Doug Meyer-Cuno She Thinks Big by Andrea Liebross Atomic Habits by James Clear Your Next Five Moves: Master the Art of Business Strategy by Patrick Bet-David My New 8-week Group Coaching Program Kicks Off in January! Join the waitlist for my newest group coaching program, How to Build, Manage, and Execute on a Business Strategy. Over 8 weeks, you'll learn how to create a business strategy, set key results to track its success, and leverage a decision-making process to ensure every choice drives you toward your ideal future. Register now to know when registration opens
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    1 hr and 20 mins
  • Business Inspiration for Your Design Firm
    Dec 1 2024
    274: Business Inspiration for Your Design Firm Joining me today is Colleen Bennett of CBB design firm and Mimosa Home. Colleen has had a varied career in design working worldwide, and today she's going to share some of her story and how she's created a unique experience for her clients maintaining profitability in the process. Topics Mentioned: Travel Profit Debt Intention Key Thoughts: You control the sale with finishes. Because once you get into the finished department and the design department, you control every single aspect from there. Colleen Bute Bennett The beautiful thing is they're levers and we know what we need to make. So, you can go up and down, you can have a higher rate and a lower markup. Michele Williams We have now created this one-stop shop for our clients. So instead of you running around to every single place, you're in one location, and we get your house done in four to six hours. Colleen Bute Bennett I love the idea that design can show up in so many different ways. You can reinvent certain things and it just feels like we're not as boxed in sometimes. Michele Williams Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Colleen: Email: georgina@publicityforgood.com Facebook: @DesignbyColleenBennett Instagram: @cbbdesignfirm Facebook: @mimosahomenc/ Facebook: @butecouture References and Resources: CFO2GO Work with Me Metrique Solutions The Designers' Inner Circle - Become a Member Today Pricing Without Emotion course My New 8-week Group Coaching Program Kicks Off in January! Join the waitlist for my newest group coaching program, How to Build, Manage, and Execute on a Business Strategy. Over 8 weeks, you'll learn how to create a business strategy, set key results to track its success, and leverage a decision-making process to ensure every choice drives you toward your ideal future. Register now to know when registration opens
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    54 mins

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