She's Building Her Empire: Female Entrepreneurs | Women In Business | Online Marketing | Management | Productivity | Launchi

In this episode of the Well-Oiled Operations™ podcast, Stacy dives into the critical debate of profitability vs. growth with acclaimed fashion designer and entrepreneur Rebecca Minkoff. Rebecca offers an in-depth exploration of her journey in building and selling a multimillion-dollar business, revealing the strategies, lessons learned, and pivotal decisions that shaped her iconic brand. She provides insights into creating a desirable business model while mastering the complexities of scaling and selling a company. Together, Rebecca and Stacy emphasize the importance of maintaining healthy profit margins, pursuing strategic growth, and navigating the challenging transition from founder to employee post-sale.  Also in this episode:  Prioritizing profit margins over rapid growth leads to a more sustainable and attractive business model for potential buyers. Expanding strategically and knowing when to cut back on product lines helped Rebecca stabilize and scale her business effectively. Surrounding yourse