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So Money with Farnoosh Torabi

796: Tracy Matthews, Founder of Flourish & Thrive Academy

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 17 October 2018

⏱️ 37 minutes

🧾️ Download transcript

Summary

Today’s guest is going to share how to recover - and thrive - after losing everything. At one point, Tracy Matthews had a successful handmade jewelry business, earning over $1 million in annual revenue. You could find her jewelry in over 350 stores internationally and worn by celebrities like Halle Berry, Orlando Bloom, and Kate Hudson. But, Tracy grew the business fast and made mistakes. In 2009, she made the difficult decision to declare bankruptcy and close shop. The story has a happy ending. Tracy once again has a thriving custom jewelry business. She’s learned from all her failures and now teaches other aspiring jewelry designers how to grow successful businesses through her Flourish & Thrive Academy. On the show: How did she pick up the pieces after her bankruptcy? And how *does* a jewelry designer grow a business in today’s market? To learn more about Tracy Matthews, visit FlourishThriveAcademy.com, and follow the academy on Instagram @Flourish_Thrive. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 796, Tracy Matthews, jewelry designer and founder of

0:05.8

Flourish and Thrive Academy.

0:07.6

You're listening to So Money, with award-winning money guru Farnu

0:12.8

Farnu Karabi.

0:14.2

Each day get a 30 minute dose of financial

0:16.7

inspiration from the world's top business minds,

0:19.3

authors, influencers, and from Farn Farnus yourselves.

0:23.0

Looking for ways to save on gas or double your double coupons?

0:27.0

Sorry, you're in the wrong place.

0:29.0

Seeking profound ways to live a richer, happier life.

0:32.0

Welcome to So Money. found ways to live a richer, happier life.

0:32.8

Welcome to So Money.

0:36.4

Today's guest is sharing how to recover

0:38.7

and thrive after losing everything.

0:41.4

Welcome back to So Money, everyone.

0:43.1

I'm your host, Farnoese Chirabi.

0:45.1

At one point, Tracy Matthews had a successful handmade jewelry

0:49.6

business earning over a million dollars in annual revenue. You could find her jewelry in

0:54.3

hundreds of stores internationally. Celebrities like Holly Berry, Orlando

0:59.4

Bloom, Kate Hudson, wore her jewelry, but Tracy grew the business fast and made mistakes and in 2009

1:06.9

she made the difficult decision to declare bankruptcy and close shop.

1:11.6

Now, the story has a happy ending.

...

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