Page 31 - CMA PROfiles Winter 2018
P. 31

I gained the ability to truly read my
                                                                                 financial statements and understand how
             The Cabinet Makers Association has directly contribut-              to use them to forecast our growth –

             ed to both my company’s growth and my own personal                  using a couple of financial models as well
             growth as a business owner and CEO.                                 as dashboards with meaningful metrics to
                                                                                 check my plan against.
             — Leland Thomasset                                                  So, what has changed? In the first quarter

                                                                                 of 2017, we began to change our focus
                                                                                 from doing single homes to installing
                                                                                 our closet and storage systems in luxury
        MOVING FORWARD                       into six months and was a great
        In fall 2016, I was accepted into the   opportunity for my business.     multifamily units and small boutique
        Goldman Sachs 10000 Small Business                                       hotels. Our first project was a 40-unit
        program, which several other CMA     During this period, the shop remained   condo, where we were machining kitchens
        members have also taken part in. It is   steady as I dove into the program, where   and vanities all using the Lockdowel
        basically the Babson College Graduate   I learned so much, including how to   system; this job was a collaboration with
        Entrepreneurship program condensed   develop an idea into an opportunity.   Bella IMC, which took care of the majority




                                                                                                CABINET MAKERS ASSOCIATION   29
   26   27   28   29   30   31   32   33   34   35   36