Inspiring Business with Mark Bullock, Episode 73

In this episode of Inspiring Business, Mark speaks with Michele Williams, a serial entrepreneur dedicated to closing the financial literacy gap for small businesses. As the CEO of Scarlet Thread Consulting and Metrique Solutions, Michele empowers entrepreneurs to understand their numbers confidently through coaching and financial software. Tune in to discover Michele’s insights on building scalable and profitable businesses.

Tune in to the episode to hear about:

  • Importance of Strategic Planning: Michele Williams emphasizes the critical role of strategic planning in business success. She highlights the necessity of having a solid foundation, clear mission, vision, and values, which serve as guiding principles for decision-making and goal-setting.
  • Alignment of Strategy and Financials: Williams stresses the significance of aligning strategic goals with financial planning. She emphasizes the need to assign dollar amounts to strategic initiatives, ensuring that financial resources are allocated effectively to support business growth and sustainability.
  • Staying True to Business Model: Williams discusses the importance of staying true to your business model and resisting the temptation to deviate from it for short-term gains. She advises against taking on projects or clients that are outside the scope of your expertise or resources, as they can lead to inefficiencies and detract from overall profitability.

Learn more about Michele Williams:

Inspiring Business, hosted by Mark Bullock, highlights business thought leaders who make a difference in the world through their services, products, or ideas.

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https://phoneblogger.net
Mark@PracticeMarketingInc.com