Profit Is A Choice

Auteur(s): Michele Williams | Business Coach | Podcaster |Speaker
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  • Résumé

  • 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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Arts et spectacles Économie
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Épisodes
  • Demystifying Inventory in Your Business

    Demystifying Inventory in Your Business
    Jan 19 2025
    277: Demystifying Inventory in Your Business Joining me today is Ciara Stockeland. She is a fractional CFO focusing on inventory-based businesses. She has a podcast called Inventory Genius along with a book by the same name. She also has a new book called Profit Genius that is out soon. Today we're going to demystify inventory. All about inventory, how it works in your financials, why it's so important to find resources and people who understand it and how you can strategize around it. Topics Mentioned: Inventory Resiliency Profitability Financials Key Thoughts: Because every decision, every choice, everything that's sitting on that strategic plan, every product line that we bring in, it is all tied at some point in multiple places all the way down the chain. Michele Williams It's a hard skill, but learning how to edit in your business, how to slow down, that all comes from really understanding what the numbers mean so that you know what you should be focusing on. Ciara Stockeland I think that was a lesson for us too, that you can do it all right, and have things go wrong. There's not a direct cause and effect between right and wrong. But what could we have done differently? Michele Williams Every mess can be cleaned up, every problem can be solved. So even if they feel like it's all out of control, like, we can fix it, it might take some time and some money, but it can be fixed. Ciara Stockeland Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Ciara: Email: hello@ciarastockeland.com Instagram: https://www.instagram.com/inventorygenius/ Instagram: @ciarastockeland Website: www.ciaraastockeland.com LinkedIn: @ciarastockeland References and Resources: Work with Me Metrique Solutions The Designers' Inner Circle - Become a Member Today Understanding Your Financials course Inventory Genius podcast Inventory Genius by Ciara Stockeland Profit Genius by Ciara Stockeland Scarlet Thread Origin Story podcast
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    51 min
  • Demystifying Inventory in Your Business

    Demystifying Inventory in Your Business
    Jan 19 2025
    277: Demystifying Inventory in Your Business Joining me today is Ciara Stockeland. She is a fractional CFO focusing on inventory-based businesses. She has a podcast called Inventory Genius along with a book by the same name. She also has a new book called Profit Genius that is out soon. Today we're going to demystify inventory. All about inventory, how it works in your financials, why it's so important to find resources and people who understand it and how you can strategize around it. Topics Mentioned: Inventory Resiliency Profitability Financials Key Thoughts: Because every decision, every choice, everything that's sitting on that strategic plan, every product line that we bring in, it is all tied at some point in multiple places all the way down the chain. Michele Williams It's a hard skill, but learning how to edit in your business, how to slow down, that all comes from really understanding what the numbers mean so that you know what you should be focusing on. Ciara Stockeland I think that was a lesson for us too, that you can do it all right, and have things go wrong. There's not a direct cause and effect between right and wrong. But what could we have done differently? Michele Williams Every mess can be cleaned up, every problem can be solved. So even if they feel like it's all out of control, like, we can fix it, it might take some time and some money, but it can be fixed. Ciara Stockeland Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Ciara: Email: hello@ciarastockeland.com Instagram: https://www.instagram.com/inventorygenius/ Instagram: @ciarastockeland Website: www.ciaraastockeland.com LinkedIn: @ciarastockeland References and Resources: Work with Me Metrique Solutions The Designers' Inner Circle - Become a Member Today Understanding Your Financials course Inventory Genius podcast Inventory Genius by Ciara Stockeland Profit Genius by Ciara Stockeland Scarlet Thread Origin Story podcast
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    51 min
  • Strategy is Key for Longterm Success

    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 min

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