Profit Is A Choice

By: Michele Williams | Business Coach | Podcaster |Speaker
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  • 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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Art Economics
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Episodes
  • Construction Management is Profitable

    Construction Management is Profitable
    Nov 17 2024
    273: Construction Management is Profitable Welcome to the podcast! Today, I’m joined by the talented Renee Biery, a luxury interior designer, construction expert, and the host of the Only Girl on the Jobsite podcast. We’re diving into an incredible conversation about expanding your design services to include construction management. Whether you’re already doing this or thinking about it, we’ll cover some of the common challenges—pricing, pitfalls, and the essential things to keep an eye on. Renee is an expert in navigating these areas, and we’re excited to share her insights with you. We hope you enjoy the conversation! Topics Mentioned: Project Management Pricing Confidence Team Work Key Thoughts: I think that's where designers can trip themselves up unintentionally. They see themselves as the outsider, as the only girl on the job site, and it's very easy to just stay in that role. Renee Biery What's interesting is when we show up in a space, already personally aware that we deserve to be in the space, we don't feel like we have something to prove. Michele Williams Even those who know what they should be charging, or they already are charging, they aren't charging what they believe they are worth because they're uncertain of their worth. Renee Biery We're looking for this fast track, and the truth of the matter is, we don't need to fast track our pricing. Michele Williams Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Renee: Email: renee@devignierdesign.com Facebook: @devignierdesign Instagram: @devignierdesign Website: www.deVignierdesign.com LinkedIn: Renee Biery References and Resources: CFO2GO Work with Me Metrique Solutions The Designers' Inner Circle - Become a Member Today The Interior Designer's Guide to Construction Management Only Girl on the Jobsite podcast Unlocking Financial Freedom with CFO2GO: A Journey Through One-on-One Coaching One-on-one coaching is my main line of work, and for a good reason. I dive headfirst into my client's business, helping them become strategic with their finances and decision making to be able to lead profitable companies. My ultimate goal and reward is connecting with and helping incredible business owners in the interior design industry. So, I get very excited when my clients come back on my podcast to share their stories so they can, in turn, help others in the design industry. With CFO2GO you can take your business strategy to the next level with our 4 step process that will help you know your numbers, understand your business position, create a path forward unique to your design experience, skill set, and dream life - plus help you grow your design firm. Click below to find out more! Learn more
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    54 mins
  • Ending the Year Well for Your Design Business

    Ending the Year Well for Your Design Business
    Nov 3 2024
    272: Ending the Year Well for Your Design Business

    Have you ever wondered how to end the year well? You'll hear us talk about this in multiple places all around, how do we end our year well? In this podcast, we will discuss how to define what ending the year well for you and your company looks like, how to plan in advance, how to be intentional, and how to create some time to rest and reset. It is so interesting that the fourth quarter of our year is spent not only making sure that we can wrap up the needs of the current year but also doing a lot of planning and heavy lifting so that we can start the next year off well. The way to start in a power position in the new year is to end this year in a power position. Listen in today and determine what that might look like for you and your company.

    Topics Mentioned:

    • Strategic Planning

    • Business Metrics

    • Processes

    • Intentionality

    Key Thoughts:

    • Finishing well means to be proud of the effort that was put into these critical items knowing that they set us up for a better future. Michele Williams

    • Take stock of where the company is right now and where you anticipate it being at the end of the year with regard to your financials. Michele Williams

    • Ending well also takes advanced thought and planning. Michele Williams

    • Don't overdo it and go into the new year exhausted. Michele Williams

    Contact Michele:

    • Email: Team@ScarletThreadConsulting.com

    • Facebook: Scarlet Thread Consulting

    • Instagram: @ScarletThreadATL

    • Website: ScarletThreadConsulting.com

    • LinkedIn: Michele Williams

    References and Resources:

    • CFO2GO

    • Work with Me

    • Metrique Solutions

    • The Designers' Inner Circle - Become a Member Today

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    13 mins
  • Buying a Commercial Space for Your Business

    Buying a Commercial Space for Your Business
    Oct 20 2024
    271: Buying a Commercial Space for Your Business

    Joining me today on the podcast is Paul Neal. He's a financial strategist and author dedicated to transforming the way entrepreneurs view commercial property. He has a book called Un-Lease Your Business: Unlock Wealth, Autonomy and Control by Buying Your Building and Firing Your Landlord and it is a very informative book. He is an amazing speaker who is going to help us understand more about the commercial buying process for our businesses. Enjoy the podcast.

    Topics Mentioned:

    • Purchasing commercial real estate

    • Process

    • Financials

    Key Thoughts:

    • You don't have to be a world-conquering type of person, but you have to have stability. Paul Neal

    • You cannot make decisions without your financials in order, or you're making it on a gut feeling and that doesn't always support us. Michele Williams

    • We always suggest to get in with the least amount of down payment that makes sense, because then you've got your money that you're not putting into the brick and mortar you can use for other things. Paul Neal

    • The goal here is that we have to be profitable with what we have, and then provide ourselves as a stable business, meaning stable sales, and stable profitability. Michele Williams

    Contact Michele:

    • Email: Team@ScarletThreadConsulting.com

    • Facebook: Scarlet Thread Consulting

    • Instagram: @ScarletThreadATL

    • Website: ScarletThreadConsulting.com

    • LinkedIn: Michele Williams

    Contact Paul:

    • Website: https://www.ownyourbuildingnow.com/

    • Email: paul@vpc.capital

    • LinkedIn: @paul-neal-tea

    • YouTube: @theEntrepreneurialAgent

    • Facebook: @theentrepreneurialagent

    • Instagram: @theentrepreneurialagentpodcast

    References and Resources:

    • Un-Lease Your Business: Unlock Wealth, Autonomy and Control by Buying Your Building and Firing Your Landlord by Paul Neal

    • CFO2GO

    • Work with Me
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    43 mins

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