Michele Williams is a certified “Profit First” professional who helps creative business owners and entrepreneurs focus on the financial health and profitability of their companies. Through her consulting agency, Scarlet Thread Consulting, she helps entrepreneurs assure profitability from the beginning. She shares her advice and entrepreneurial journey.
What does it mean to put your profitability first?
What if you set your profit target as a forethought rather than an afterthought?
Most entrepreneurs tend to think about profit last, says Michele Williams.
But what if you were forced to run your operations after the cream of the profit is skimmed off the top every month and put into a profit capture account?
It would change the way you do business and assure your success.
Michele Williams is a certified Profit First professional who helps creative business owners focus on the financial health and profitability of their companies. She believes that each choice determines profitability, and through her consulting agency, Scarlet Thread Consulting, she helps her clients understand the impact their choices have on the financial success of their business.
Today we learn how to:
- Prioritize profitability
- Practical steps for financial health
- Take ownership of our own decisions as entrepreneurs
- Be a great team leader and hire the right people
- And much more…
Michele is sought after for her ability to easily explain complex business principles and processes in a simple, straightforward way. She began her career in financial software design before starting her first company in 2000, providing soft furnishings for the home industry.
With a varied background in working in small, medium and large businesses, Michele has a great grasp on the scalability factors that are essential to growing a business.
Read the full transcript here
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