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Michael Fleck

Michael Fleck

CEO and owner of Occasions Fine Jewelry in Midland, Texas; rebuilds family jewelry business and appears on Hitting the Ceiling podcast

Jul 21, 2026

8:40
What was the thought process, the two of you in that room, that you were purposely going to shrink instead of grow?
8:47
The first thought was we had tried everything to grow or what we thought was everything at the time and nothing changed.
8:56
Move the needle.
8:58
Nothing was working.
8:59
There was just no gas in the engine.
9:01
So we sat there and tried all the best practices that we knew and all the best practices that we had looked up online or read a book about over the last six months to try and figure out how to get this thing to go.
9:21
And it was just stalling out.

8 MINS LATER

17:13
When did it plateau? Why did it plateau? And what did you do or what are you doing to get out of that?

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