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  • The Hidden Costs of Winging It in Your Design Business

    The Hidden Costs of Winging It in Your Design Business
    2025/06/15
    287: The Hidden Costs of Winging It in Your Design Business

    In this episode, we unpack the hidden costs of winging it in your design business. Michele shares why flying by the seat of your pants can lead to burnout, missed opportunities, and financial messes. She dives into the power of intentional planning, strategic hiring, and clear marketing—all rooted in a strong, future-focused vision. If you're ready to stop guessing and start growing, this one's for you.

    Topics Mentioned:

    • Missed Opportunities

    • Peace

    • Process

    • Being Intentional

    Key Thoughts:

    • When I was winging it, I realized there was a huge cost to me, to my peace, to my time, and certainly to my money. Michele Williams

    • We're working on the wrong initiatives, the wrong plans, and things that might support us in the short term, but not in the long term. Michele Williams

    • I would like to work with an intentionality on where I'm going, what I'm doing, who I'm doing with, and how I'm going to show up in the world, because that brings me peace. Michele Williams

    • The goal here is to really be able to have an intentionality in what we are doing so that as we do it, we know that we are checking off those tasks and those goals that are moving us closer to the business that we want to become. 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

    • The Designers' Inner Circle - Become a Member Today

    • CFO2Go

    • Metrique Solutions

    • How to Build, Manage, and Execute on a Business Strategy course beginning August 2025 sign up now!

    • FREE Step-by-Step Guide to Mapping Your Business Growth
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    13 分
  • Profitability of Working with a Family Member

    Profitability of Working with a Family Member
    2025/06/01
    286: Profitability of Working with a Family Member On today’s episode, we’re joined by Beth Meyer and Abby McLane of Beth Meyer Design, a mother-daughter team specializing in luxury residential interiors. Featured in Southern Home and LUXE, they’ve built a trusted brand through elegant design and smart business growth. We’ll explore how they started working together, their approach to profitability, and the benefits of running a family-based interior design business. If you're looking for real strategies to grow your design firm, this one’s for you. Topics Mentioned: Strategy Organization Technology Key Thoughts: That was the whole reason I started the coaching practice as having come from burnout myself. When I get those calls, my heart feels for that, because I've been there, and I know what that feels like. The exhaustion and the mental load and the emotional turmoil, it's real and it's heavy. Michele Williams I went back to the strategic plan where we are in structuring the company and roles and SOPs. You're giving them the tools they need to do their job well. You're not just giving them expectations that they really can’t meet. Beth Meyer There is something about your daughter or your mom in the business having your back in a different way that gives you the courage to continually push forward. So not only does iron sharpen iron to keep each other accountable and focused and better and growing and all the things, but there is something about the courage that one person lends to another person to move forward. Michele Williams Our goals are the same and we have done a deep dive into our missions, our values, and all the things. When we are both pushing each other, it's built-in accountability to reach those goals. Abby McLane Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Beth and Abby: Email: abby@bethmeyerdesign.com Facebook: @bethmeyerdesign Instagram: @bethmeyerdesign Website: https://bethmeyerdesign.com/ You Tube: Beth Meyer Design References and Resources: Work with Me The Designers' Inner Circle - Become a Member Today CFO2Go Metrique Solutions How to Build, Manage, and Execute on a Business Strategy course beginning August 2025 sign up now! Click here to read the transcript for this episode.
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    1 時間
  • The Top 5 Profit Drains in Your Interior Design Business

    The Top 5 Profit Drains in Your Interior Design Business
    2025/05/18
    285: The Top 5 Profit Drains in Your Interior Design Business Welcome to the podcast! Today, we’re diving into the five biggest profit drains that can silently sabotage your interior design business. If you’ve ever wondered where your money is going or why your profit margins aren’t where they should be, this episode is for you. Grab a pen and paper—because you’ll want to take notes on how to boost profitability and take control of your money management starting today. Topics Mentioned: Pricing Financials Ideal Client Managing Cash Flow Effectively Key Thoughts: You cannot sell more of something at a really bad price and continue to make money, a bad price is a bad price. Michele Williams An ideal client is somebody who has the same value statements that we are coming in with as the company and there's a value continuance between us and that client. Michele Williams The more we're fighting people, processes, or not knowing what the numbers are, the more it's going to cost us the profits and the money, but also the profitability of peace in our lives. Michele Williams Know how money comes in, know how revenues are recognized, know how profit is recognized, and know when you need those funds. 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 The Designers' Inner Circle - Become a Member Today CFO2Go Metrique Solutions Metrique Solutions - Free Month Promo Code How to Build, Manage, and Execute on a Business Strategy course beginning August 2025 sign up now! Profit First by Mike Michalowicz
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    17 分
  • The Hidden Costs of Employment

    The Hidden Costs of Employment
    2025/05/04
    284: The Hidden Costs of Employment s

    Joining me is Jessica Harling, founder of Behind the Design. Jessica is a seasoned expert in employee and process development, specializing in recruitment, training, and change management for design organizations. Her work helps businesses streamline costs, increase productivity, and develop high-performing teams.​ In this episode, we'll discuss practical business strategies for interior designers for effective hiring, onboarding, and retention to ensure your team thrives.​ Enjoy the conversation!

    Topics Mentioned:

    • Employment

    • Strategy

    • Accountability

    • Employee Training

    Key Thoughts:

    • Fears are normal. How we analyze them and deal with them is determinate based on the strategy that we have for our business. Michele Williams

    • You still need, as the manager, the owner, to be able to either prepare or have an oversight over that plan and not just delegate or dump it to another person and not know what they are covering. Jessca Harling

    • We're not executing with success. We're executing within the moments of the day, and what feels good today, but today's feel good might not line up with tomorrow's plan and goal. Michele Williams

    • Look at the strategy of the process, the finances and things like that before you make a reactive decision to jump and add someone on. Jessica Harling

    Contact Michele:

    • Email: Team@ScarletThreadConsulting.com

    • Facebook: Scarlet Thread Consulting

    • Instagram: @ScarletThreadATL

    • Website: ScarletThreadConsulting.com

    • LinkedIn: Michele Williams

    Contact Jessica:

    • Email: jessica@gobehindthedesign.com

    • Facebook: @BehindtheDesign

    • Instagram: @GoBehindtheDesign

    • Website: GoBehindTheDesign.com

    • LinkedIn: @BehindTheDesign

    References and Resources:

    • Work with Me

    • The Designers' Inner Circle - Become a Member Today

    • CFO2Go
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    1 時間
  • Implementing Profit First with Success

    Implementing Profit First with Success
    2025/04/20
    283: Implementing Profit First with Success Welcome to the podcast! Today, we’re talking about Profit First—a powerful money management system that is proven to boost interior design business profit. If you're making money but never seem to keep it, or constantly juggling funds, you're not alone. We’ll show you how Profit First helps you separate money with purpose, avoid the “robbing Peter to pay Paul” cycle, and make smarter financial decisions. Whether you're just launching or scaling your design business, this episode is packed with strategies to help you pay yourself first and grow a more profitable interior design business. Topics Mentioned: Profit First Money Management Sustainability Financial Strategy Key Thoughts: What Profit First is really trying to do is put you in the mindset that we want the business to live within the means of what the business can afford to live in, so that we're not spending money that the business truly doesn't have. Michele Williams It is being able to separate out your money into bank accounts where it can then be looked at in smaller chunks with a purpose in mind, so that we're not overspending on the wrong things. Michele Williams The more that we can plan for profit and be very clear on where the money is coming in and going out, the more that we have the power to actually use those numbers to move us forward. Michele Williams The very first thing is to truly understand how money flows in and out of your business, and that means the amount, the timing, and the revenue recognition. 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 The Designers' Inner Circle - Become a Member Today Master Your Profit course Profit First by Mike Michalowicz Profit is a Choice episode 248: All Roads Can Lead to Profit Profit is a Choice episode 189: Reviewing Your Profit First Strategy Profit is a Choice episode 092: How to Start Profit First with No Profit in Your Design Business A Well-Designed Business-The Power Talk Friday Experts by LuAnn Nigara
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    17 分
  • Design Mentorship for Beginners

    Design Mentorship for Beginners
    2025/04/06
    282: Design Mentorship for Beginners Welcome to today's episode. I’m thrilled to have Rebecca Ward with me. Rebecca is an award-winning interior designer based out of Sacramento, California, and she’s truly dedicated to nurturing emerging talent in the design industry. Not only does she host the Design Curious podcast, but she also runs a mentorship program called My Design Mentor. Rebecca focuses on answering those essential early questions for anyone looking to build their business in interior design. In this episode, we’ll discuss the many paths people take into the industry and the common questions new designers face as they start their careers. Tune in for valuable insights on how to kickstart your journey and make smarter business decisions in interior design. I hope you enjoy our conversation! Topics Mentioned: Mentorship Community Sharing information Support Key Thoughts: Those hard lessons sometimes are the best lessons that are getting our attention. They're sometimes painful along the way. Michele Williams I see mentorship as this is something that I'm still actively doing. I'm still learning in my business. I'm still learning the best way to do things, and as I do it, I adjust, and I share that information. Rebecca Ward I think when you really love people, it's easier to be willing to want to help and to give than to say, well, I fell, so it's normal you fall. Michele Williams There are a lot of hard things and I want to make sure people are aware of going in with their eyes wide open before they get into the career, but I also talk about the great parts of it, but I want them to have a realistic view. Rebecca Ward Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Rebecca: Email: rebecca@rwarddesign.com Instagram: @rwarddesign Facebook: @rebeccawarddesign Website: https://rwarddesign.com/ LinkedIn: rwarddesign Pinterest: rwarddesign X/Twitter: rwarddesign You Tube: @rwarddesign References and Resources: Work with Me The Designers' Inner Circle - Become a Member Today CFO2GO Design Curious Podcast E-Myth Revisited by Michael E Gerber
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    42 分
  • Creating an SEO Strategy with Pinterest

    Creating an SEO Strategy with Pinterest
    2025/03/16
    281: Creating an SEO Strategy with Pinterest

    On the podcast today is Julia Bocchese, an SEO and Pinterest consultant for small businesses in the creative industry. We’re discussing business strategy for interior designers, covering essential strategies for your website, Pinterest direction, and SEO. Julia shares some simple, actionable reminders that will help position your business to be found online. If you're an interior designer looking to improve your digital presence, this episode is packed with expert tips to enhance your strategy and grow your business. Tune in to learn how to effectively optimize your online strategy!

    Topics Mentioned:

    • SEO strategy

    • Social Media Management

    • Google Business Profile

    • Website Content

    Key Thoughts:

    • Knowing who you are, what you do, who you serve, how you serve them, and being very clear with that on the website is important. Michele Williams

    • Whatever blog posts, portfolio photos, or things like that that you have, that's going to dictate your strategy on Pinterest. Julia Bocchese

    • What we're really trying to do is create this big communication and feedback loop, that runs through all of our Instagram, Facebook, LinkedIn, and all the different socials that we're using trying to keep everything connected in this little ecosystem so that people are staying within your ecosystem. Michele Williams

    • In terms of the type of content, I do recommend thinking about what your ideal client would be searching for, and what would be beneficial to them. Julia Bocchese

    Contact Michele:

    • Email: Team@ScarletThreadConsulting.com

    • Facebook: Scarlet Thread Consulting

    • Instagram: @ScarletThreadATL

    • Website: ScarletThreadConsulting.com

    • LinkedIn: Michele Williams

    Contact Julia:

    • Email: julia@juliareneeconsulting.com

    • Instagram: @uliareneeconsulting

    • Website: https://juliareneeconsulting.com/

    • LinkedIn: julia-bocchese

    References and Resources:

    • Work with Me

    • The Designers' Inner Circle - Become a Member Today

    • Financial Courses at Scarlet Thread Consulting

    • CFO2GO

    • Julia’s SEO Freebie
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    43 分
  • What Does it Mean to Know Your Numbers

    What Does it Mean to Know Your Numbers
    2025/03/02
    280: What Does it Mean to Know Your Numbers I am so excited to have you join us on the podcast today! I’m going to be joined by Courtney Bramlett, who is the director of marketing and operations here at Scarlet Thread Consulting. She also owns her own company, The Good Sower, and today, we’re diving into an incredibly important topic: financial planning for interior designers. Maybe you've heard the buzzword over and over—know your numbers, know your financials—and it sounds great, but it has almost become an irritant, and you’re still not sure what it means. Today, we’re going to break down what it really means to understand the financials that are affecting your business strategy for interior designers and how these numbers impact your growth. We’ll talk about how you can create a solid financial plan for interior designers that will help you grow your company in the way you envision. So, stick around—I’m thrilled to have you here! Topics Mentioned: Financial understanding Profitability Cash Management Strategic Planning Key Thoughts: I think it is important for owners of companies to understand how money is made, how money flows through their company, and how they can determine the money that is left over after everything has been paid for. Michele Williams If you don't truly know what each type of profits is, you don't really know how much money you actually get to take home at the end of the day. Courtney Bramlett The reason that I focus on gross profit so much is because that is the number one indicator that tells me if I'm selling it at the right price and paying the right amount in cost of goods, but it's also the number that is telling me do I have enough to run the company and do what I need it to do as the owner? Michele Williams Profitability is tied to just raising your prices, and of course, that's a piece of it, but there's still a lot more that goes into being profitable. Courtney Bramlett Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams References and Resources: Work with Me The Designers' Inner Circle - Become a Member Today Understand Your Business Financials in Less than 8 Weeks / New Group Coaching Financial Courses at Scarlet Thread Consulting Profit First by Mike Michalowicz
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    46 分