Assertion certainty 4/5 debate potential 3/5

Gold: Lane Furniture forced him to hide his sexual orientation

Mitchell Gold · Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams · Mar 28, 2022 · at 22:51

Mitchell Gold, co-founder of Mitchell Gold + Bob Williams, discusses his time working as an executive at Lane Furniture in North Carolina in the late 1980s prior to founding his furniture company.

0:00 / 0:15exact quote · 15.1s
720p mp4 · rendered on demand · StarZero watermark
“They had moved me down to North Carolina, and it became very obvious to me that I couldn't be out. I couldn't bring Bob with me to functions of the company functions when they had spouses, and their whole way of operating was just not honest, is the best way I can say it.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Mitchell Gold

Insight
Mitchell Gold: Furniture makers must over-order fabric by up to 20%
“And if they order, let's just say, 500 chairs, you really can't order fabric for 500 chairs. You really have to order for 550 chairs, 600. You have to give yourself a little bit extra in case some of the fabric's not good, or in case they get it. It sells real…”
Mitchell Gold Mar 28, 2022 ▶ 33:18 Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams
Insight
Gold: Building customer-requested products pre-secures sales before production
“And that's the best way when your customers are asking you, And they're engaged with you on the product that you're developing, then they're buying it. They're buying it before you even make it.”
Mitchell Gold Mar 28, 2022 ▶ 45:27 Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams
Assertion Not checkable as stated
Gold: Cutting retail accounts from 72 to 48 grew business 48%
“Bob and I sat down, and we went through the 72 customers that we had, and we dropped it to 48, and we said, these 48 we're going to be able now to give better service to. I swear this number is true. In that year, our business increased 48%.”
Mitchell Gold Mar 28, 2022 ▶ 48:41 Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams
Assertion Not checkable as stated
Gold: Mitchell Gold + Bob Williams reached $1,500 sales per square foot
“And in short order, we were doing 1500 dollars a square foot, which is unheard of in the furniture industry. The furniture industry on average at the time was about 240 dollars a square foot.”
Mitchell Gold Mar 28, 2022 ▶ 59:35 Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams
Insight
Gold: A factory cannot be profitable running at 55% capacity
“And you really can't make money running a factory at 55% capacity”
Mitchell Gold Mar 28, 2022 ▶ 24:04 Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams
Assertion Not checkable as stated
Founders sold 5,000 chairs and 800 tables in debut pitch weekend
“We had basically, in that weekend, sold 5000 dining chairs and 800 tables.”
Mitchell Gold Mar 28, 2022 ▶ 28:15 Mitchell Gold + Bob Williams Home Furnishings: Mitchell Gold and Bob Williams
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 800 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.