Welcome to the business of antiques, where I help you make your passion for antiques profitable.
Speaker AI'm Tom McLark Haines, CEO of the Antique Steven Company, and I'm on a mission to make antiques modern, sexy, fun, and profitable.
Speaker AI hate to break it to you, if you're not making money in your antiques business, then it's just a hobby.
Speaker AIn this podcast, I interview some of the leading antique dealers from around the globe, getting their advice and sharing my own on how to sell antiques to the modern day antique buyer.
Speaker AWe discuss ways to recession proof your antiques business by developing strategic marketing plans, elevating your brand to attract the right target market, and planning for profits.
Speaker AYou make your money when you buy.
Speaker BNot when you sell.
Speaker ASo we'll discuss some sourcing tips straight out of my antique Stiva little black book.
Speaker AI'm teaching you the business of antiques.
Speaker BOkay, everyone, I have to tell you, I have not one, but two special guests today.
Speaker BNow, right now, I am recording from the Chianti Clubhouse, which is where my antiques warehouse is here in Tuscany.
Speaker BAnd.
Speaker BAnd I have my next door neighbor Angus sitting beside me.
Speaker BAnd Angus is sitting in on this podcast recording.
Speaker BWould you ever consider becoming an antiques dealer, Angus?
Speaker CMaybe not if you don't have the antiques.
Speaker BAh, that's good point.
Speaker BThe first rule of being an antiques dealer is you need to buy antiques.
Speaker CYeah.
Speaker BI will say, the other day he gave me some great advice.
Speaker BHe told me that I should set up at the market in Greve.
Speaker BYeah.
Speaker BDo you want to tell the listeners anything about you before I switch over to the other guest on today's podcast?
Speaker BOkay, well, Angus may be coming in and out, so you may see him.
Speaker BHe is my next door neighbor here at the Chianti Clubhouse now.
Speaker BOkay.
Speaker BThe other special guest we have today is actually someone who has been around from the very beginning of this podcast because she was our very first advertiser.
Speaker BShe was the person who took a chance on me when I was just starting out.
Speaker BShe said, I'm willing to bet on you.
Speaker BAnd now I think, dear Lord, I don't even remember.
Speaker BI think we must be in season five.
Speaker BSo I think we're doing something right.
Speaker BOn that note, I would love to introduce my dear friend, dear friend, my colleague in the industry, a just, I would say a visionary in the industry.
Speaker BStacy Tavaron.
Speaker BStacey, tell everybody everything about yourself.
Speaker COh, my gosh, that's a big ask.
Speaker CIt's so great to see you, by the way.
Speaker CSo beautiful.
Speaker CWish I was there with you.
Speaker BYou have to come.
Speaker BWe've really Got to get you here.
Speaker CI know, I know, I know.
Speaker CWhat would you like to know?
Speaker CWhat would you like me to share?
Speaker BWell, what I would love to start with is we had a little bit of a different opening today since we have Angus on the bicycle running around behind me to a little bit of a different start.
Speaker BSo normally I would have said who you are and what you do, and I did not start with that.
Speaker BSo I think that's the best thing for you to start with is just telling them.
Speaker BLet's.
Speaker BSo you know what I always joke about?
Speaker BI always joke that when I do a podcast, it's like a tarot card reading.
Speaker BPast, present, future.
Speaker BSo let's start first with who you are today, this amazing company that you founded and CEO of.
Speaker BAnd then we're going to go back into how you got where you are.
Speaker BBut let's start with today.
Speaker COkay, great.
Speaker CSo today I am the founder and CEO of a company called Renati.
Speaker CRenati comes from Rona, which means My Joy.
Speaker CAnd the company was founded to really help create technology solutions for the world of vintage and antiques, which is an industry that has had almost zero technological innovation since the Internet and technology became part of our everyday lives for the last 20 years.
Speaker CSo our focus and has been our focus for the last several years is identifying where the problems are for antique and vintage dealers in terms of their administrative processes, documenting inventory, image editing image background, removing, managing their inventory across multiple different platforms.
Speaker CEven for dealers who don't sell online, we've developed tools for them to be able to create quickly document, manage their inventory, create branded tear sheets so that they can more quickly supply to their buyers information on their inventory that is a lot of times stuck in warehouses or shops offline.
Speaker CSo that's basically what we're doing, is we're just trying to help these dealers survive in a world that is going more and more technological every single day.
Speaker BYeah, you know, the key thing that you said in just now in giving the overview, but also you have said since.
Speaker BI have, since I've been talking to you in the beginning of you starting this company is you used one word.
Speaker BAnd I believe this word is the reason for your success.
Speaker BAnd also for our listeners.
Speaker BI think it's one of the reasons, one of the reasons that antique businesses or businesses in general can succeed and thrive.
Speaker BAnd you use the word help from the beginning.
Speaker BWhat I know is that you have been providing solutions for antique dealers.
Speaker BYou've been literally looking at, you've been asking that question, how can I help antique dealers?
Speaker BAnd I'M convinced that that word is the key to your success.
Speaker CI think that you're right because if you come from a place of help, then you're developing solutions that actually make a difference.
Speaker CRight.
Speaker CLike if you're not looking on how can I help?
Speaker CThen you're just developing things out of your own mind or your own thoughts that aren't necessarily connected to reality of what these dealers deal with every single day, what their struggles are, what their time consuming points are, Right?
Speaker BAbsolutely.
Speaker BIf you're not doing, if you're not looking at how you can help honestly, then you start setting up a business that's more about your own ego rather rather than providing industry solutions.
Speaker BSo it's interesting because when you take.
Speaker BYeah, yeah, I heard, I heard you turn the conversation from there.
Speaker BLike I knew it was like the word coming out of your mouth.
Speaker BAnd I think it's an important word to say because often and of course, I mean, we do what we do because we love it.
Speaker BWe do what we do because it brings us joy.
Speaker BI think Renati is such a beautiful name for your business because for me with this podcast, the Business of Antiques, what I do as an antique stealer with as what I do as CEO of the Antiques Diva and company, what I do leading antique buying tours or business coaching, it brings me joy and that's why I do what I do.
Speaker BBut the reality is what I do, helping others ends up bringing me that joy in return.
Speaker BAnd I think that's the same thing.
Speaker BIt's all tied in there.
Speaker BIt's something about energy.
Speaker BAnd I think you, I know you well enough to know that you understand energy.
Speaker CYes, 100%.
Speaker CAnd that's been a thorough line of your business for all of the years that I've known you, even prior to starting Renati, is you also have always focused on helping, truly helping.
Speaker CAnd so that's been, I think, the key to your success as well, whether it's in your blogs or whether you're helping dealers level up their businesses or helping dealers discover new resources and sources and everything.
Speaker CSo I think that probably is one of the parallels with what we do in different ways.
Speaker CRight?
Speaker BAbsolutely.
Speaker BOkay.
Speaker BYou have to back up and we like, we have to back up to your story before Renati because I love watching the, I love the road for how someone gets where they are in life.
Speaker BAnd so I'd like to look back at some of the stepping stones.
Speaker CGoodness.
Speaker CMy first stepping stone into this industry was actually in my 20s when I worked in the interior design industry.
Speaker CAnd that was when I'm going to age myself here, but it was in the mid to late 90s.
Speaker BYou look great.
Speaker BThank you.
Speaker BYou look great.
Speaker BYou can say any age you want.
Speaker BWhen you look good, you.
Speaker BYou say it with pride.
Speaker CExactly, exactly.
Speaker CSo I went into the industry, and that was when computers were just replacing word processors.
Speaker CCrazy, right?
Speaker CAnd I started project managing within that design firm and working on all sorts of projects and organizing up our resources and working on budget tracking and Gantt charts for tracking projects, you know, when the contractors were coming in, all of those types of things.
Speaker CAnd through that, started seeing how much from a design firm perspective we were losing on sourcing and finding the items that we needed for our projects.
Speaker CAnd at that time, it was mostly offline.
Speaker CI was in la.
Speaker CWe had the Pacific Design Center.
Speaker CWe had lots of.
Speaker CLots of different shops.
Speaker CWe had unbelievable amounts of manufacturers and catalogs and reps that would come to our office.
Speaker CAnd the sourcing part of our projects would always take more hours than what we could build to our clients.
Speaker CAnd so we were consistently losing profit margin on how long it took to source these items.
Speaker CAnd when the Internet came along, we went, oh, my gosh, it's going to be so much easier because you can just use a keyword search.
Speaker CBut it actually became more difficult because you couldn't discern who were legitimate dealers, who were not legitimate dealers.
Speaker CAnybody can make a beautiful website.
Speaker CAnybody can rip off images from others.
Speaker CAnd so that led me to starting my first tech company, which was launched in 2000.
Speaker CAnd that was an interior design.
Speaker BYou are pioneering.
Speaker CYep.
Speaker CSorry, it was back in the day.
Speaker BBut you really are.
Speaker BYou're a pioneer.
Speaker BAnd I apologize because I spoke over you with the lag time, but you're a pioneer.
Speaker CWell, yeah, it was definitely in the pioneering days.
Speaker CThat is absolutely for sure.
Speaker CThat company, we launched it in 2000, and by 2015, we had gone through six major platform changes, upgrades, launches.
Speaker CBecause technology was moving so quickly.
Speaker CWe launched that company when it was still dial up.
Speaker CThat's how early we were in the launching of that company.
Speaker CSo that was my focus.
Speaker CThat was where I was was it was all about removing the friction and the time between interior designers and the items that they were looking for and the manufacturers that had those items and bringing them together in a really efficient way so that the designers could find what they needed and specify it, and the dealers could find those buyers that were looking for their items.
Speaker CAnd so that was my focus and obsession for 15 years.
Speaker BWell, what's so interesting, you're talking about the early 2000s, where everything was moving so fast from a technology perspective.
Speaker BAnd here we are 2025 and everything again is moving so fast from a technology perspective.
Speaker BSo let's, why don't, let's back up.
Speaker BHow did you, how did you go from there to where you are now?
Speaker CSo when I exited my last company in 2017 for that 15 year period, I, or 17 year period actually I, we were never able to include the antique dealers, the vintage dealers, the artisan, one of a kind manufacturers in the main design library and the main design library of my last company which was called Total, which stood for trade only design library because we were manufacturer based.
Speaker CIt was sort of like a, it was a design library.
Speaker CYou could do keyword searches, you could look for various items, go through brand catalogs, et cetera.
Speaker CBut when we would let dealers put in their one of a kind pieces and it would show up next to these beautifully photographed manufactured items.
Speaker CAnd the designers at large were not comfortable with vintage or antiques.
Speaker CThey didn't know how to specify them, they didn't know the periods or the styles, they didn't know how to price them or if they were getting good pricing.
Speaker CSo the majority of designers were not selling, specifying vintage or antiques.
Speaker CSo when I finished with my last company, I threw various different events, ended up back in the world of vintage and antiques and was shocked to find that in 25 years it really hadn't changed.
Speaker CThere were beautiful marketplaces today that we all know first dibs Cherish is another beautiful marketplace.
Speaker CThere was the sort of mid range ebay was somewhere in there, but not necessarily considered a sourcing resource for these types of items just because you had consumers in there and you had dealers in there and there was $5 items next to $500 items.
Speaker CIt was a very big mix.
Speaker CBut there hadn't been any advancement for these dealers.
Speaker CAnd I started talking with these dealers and they just started telling me their issues and their problems.
Speaker CAnd you know, it taking an hour and a half to document one item, to prepare it, to even put onto a marketplace or going to six trade fairs a year and packing up their items and not even having time to document them.
Speaker CAnd so everything was still on ledger books or if they were super advanced, they had spreadsheets, but then they had file folders full of images that didn't correlate with the spreadsheets.
Speaker CLike it was just.
Speaker CAnd they were sending these beautiful pieces to the potential buyers via WhatsApp or text or email and it would be missing images and items.
Speaker CAnd if they were Very advanced.
Speaker CThey would try to create PDF tear sheets, which would take another 20 to 40 minutes.
Speaker CIt just.
Speaker CIt was unbelievable to me.
Speaker CAnd if a dealer has to spend that much time documenting one item, how in the world are they supposed to scale their business at a time where everybody expects everything to be instant they want?
Speaker CWhen a buyer calls a dealer and says, I'm looking for xyz, they expect beautiful tear sheets, logos, the whole thing all.
Speaker CAnd you have to provide that.
Speaker CAnd so how does a dealer survive with that kind of expectation without any tools to make that easy for them?
Speaker CYeah, so that's how I turned it around.
Speaker BI remember the first conversation we had, and I remember you asking me, you had come.
Speaker BYou were coming to Europe, and you came to the Lapada conference that I was speaking at, and in the middle of it was so amazing.
Speaker BThis is still one of my proudest moments to have to speak in the House, to have spoken in the House of Lords at the Lapada conference.
Speaker BLike, it was so surreal.
Speaker BAnd you were there that day, and it's literally one of the proudest moments in my career.
Speaker BAnd I remember at the end of that day, we were in a taxi.
Speaker BWe were heading over to.
Speaker BHe was a dealer on Kings Road.
Speaker BBegins with a B.
Speaker CMy mind's blinking out.
Speaker BYou know what I'm talking about?
Speaker CYeah, butch off.
Speaker BWe were going over to see Ian Bischoff, and we were in a taxi, and you said, no, wait, you have to catch a flight to Italy tomorrow.
Speaker BAnd I was living in Germany at the time, and I said, yeah, I'm leaving for Mercantin Fiera.
Speaker BAnd the next thing I know, we're talking and you're like, I think I should go.
Speaker BI'm like, you should go.
Speaker BAnd the next thing I know, you're booking a flight and you're on the flight from London to Parma with me.
Speaker BAnd I remember us being in London and talking about this idea that you had and us discussing the fact that at Mercantin Fiera, 90% of that inventory is not online.
Speaker BThat walking through the antique fairs of Europe, more than 90% of it's not online.
Speaker BThat even my own warehouse over my shoulder here, we're not online.
Speaker BAnd so it's the antiques industry.
Speaker BYou said it.
Speaker BIt's antiquated.
Speaker BAnd so I love the fact that you're bringing.
Speaker BMy mission with Antiques Diva is to make antiques accessible.
Speaker BAnd that's what you're doing.
Speaker BYou're making antiques more accessible for the buyers that are out there in the way in which they want to buy Exactly.
Speaker CAnd making it easy for you as the dealer, to document and make that inventory accessible, because as long as it's in your warehouse, nobody can access it.
Speaker CRight.
Speaker CSo that's exactly what we're doing, is we're helping you to get that into the hands of the buyers.
Speaker BAmen.
Speaker BLike, seriously, you are doing something super significant for the industry.
Speaker BNow, you as an individual, I already said that.
Speaker BYou're a pioneer.
Speaker BSo you are a pioneer.
Speaker BYou are a vision visionary.
Speaker BHow do you do it?
Speaker BLike, I mean, how do you get started with an idea like this?
Speaker BI mean, I cannot even imagine the amount of perseverance that it has taken you.
Speaker BIf there's the words I think of when I think of you, I think of visionary, I think of per, I think of visionary, I think of pioneer, and I think of someone who perseveres.
Speaker CWell, you are very kind.
Speaker CAnd you, my darling, are also a visionary and an entrepreneur.
Speaker CAnd perseverance and tenacity, there are so many ups and downs, and there are so many challenges that get put in front of us as entrepreneurs, any entrepreneurs.
Speaker CAnd I will say that through this journey of the last seven years, because we have 40 team members across eight countries.
Speaker CThat's a big team to manage.
Speaker CAnd it has taken seven years of development to get to where we are today.
Speaker CAnd through those seven years, there have been unbelievable world events, economic events, there's been a pandemic, there's been closing down of our industry, but it is what we run into.
Speaker CAnd so, again, the thorough line of all of that is if you're focused on the mountain of where you're going, and for us, it's help helping creating solutions that actually impact and actually help, and you just stay focused on that.
Speaker CThen you can't be thrown off by all of the outside craziness, because you're just.
Speaker CYou're focused.
Speaker CAnd then the other thing that I would say that a lot of people have said to me over the years is I'm missing the risk gene, whatever is that gene that people have that makes them not take risks.
Speaker CI'm missing it somehow, because I'm all in and I just stay all in.
Speaker CAnd so there's a little bit of that, too, that naivety of that this can happen.
Speaker CBut I think that anyone that's building anything, it takes much longer than people think it takes.
Speaker CEven with as fast and incredible as AI is, you know, and technology, you can't.
Speaker CLike, I see all these podcasts and things where they're talking about, like, oh, you can just build an entire Business with AI and an entire website into this.
Speaker CYes, to a certain degree.
Speaker CA basic.
Speaker CBut you cannot build a true global platform by having it automatically written by some AI machine learning prompts.
Speaker CLike, you can't.
Speaker CThere's too many nuances, too many layers and protection and security and images and global data protection regulations and all of those nuances need that human direction and detail to get it right.
Speaker CAnd so that's how I do it, is I just each day go, what's gonna move us forward today and what's gonna move us forward tomorrow and the next day?
Speaker BWhat is that famous quote?
Speaker BThe journey of a million miles starts with a single step.
Speaker BI mean, and I think that's what you have to do.
Speaker BYou have to constantly, when you're starting a business, when you're running your own business, you have to constantly be taking the next step forward, the next step forward.
Speaker BAnd so for me, I look at, here's my goal, here's where I'm going, I know what I want, it's over here.
Speaker BBut, and I, I keep kind of one eye up on it.
Speaker BI'm, I'm aware of where I'm going and however, where my focus is as an entrepreneur, my focus is what is the next step, what is the milestone.
Speaker BGetting to my goal sometimes feels so far away.
Speaker BHonestly, if I focus too far on the future, I panic and I think I'm never gonna get there.
Speaker BBut if I, if I focus on the next milestone, I can always achieve the next milestone.
Speaker BAnd if the next milestone feels like even that's too far, all I have to do is take one more step the next day.
Speaker BAnd I think this is the secret of being an entrepreneur and continuing, continuing on that pathway.
Speaker BAnd it's what I've seen you do is take what is the next most logical step.
Speaker BAnd another thing I've seen you do over the years, I've been fortunate to have been behind the scenes kind of watching things over the years.
Speaker BAnd you and I talk regularly, although we haven't talked talked recently enough.
Speaker BI think we've both been in too many other directions.
Speaker BBut I've had the privilege of watching you build this company.
Speaker BAnd one of the things I've seen that in addition to you taking the next step or the next milestone, the other thing I have seen is.
Speaker CThat.
Speaker BJust like I said about here's the goal, this is where I'm heading.
Speaker BYou're willing to be flexible in getting where you're going.
Speaker BYou are not so dead set, this is where I'm going.
Speaker BYou're not Trudging through sometimes.
Speaker BSometimes you're going this way, but you go over here because it's sometimes easier to go around the mountain than over it.
Speaker CYep.
Speaker BAnd I think this is another reason that I've watched you as a businesswoman, with admiration.
Speaker BBecause a lot of people become so focused on their goal, they miss out on taking the easiest route.
Speaker BAnd the route that sometimes maybe easy is not the right word.
Speaker BThe root of least resistance.
Speaker CSometimes, yes.
Speaker CAnd not just the root of least resistance, but it's.
Speaker CIt's so funny.
Speaker CYou know, we talk about energy and that you and I have some similar feelings about that.
Speaker CAnd there have been many moments in this journey where we have completely had to do that.
Speaker CStop going where we're going and turn right a little bit.
Speaker CBecause the industry is telling us something of like, wait, hold on, that's not going to work yet.
Speaker CThey're not ready for that yet.
Speaker CWe have to actually back up.
Speaker CYou know, I look at our technology building over the last seven years, and we started with the freeway, and then we realized that there were no on ramps, and then we built the on ramps, but then we realized that we had to pave the roads.
Speaker CSo we've actually.
Speaker CWe started with one goal, and then we had to back up from that goal all the way down to the most basic.
Speaker CHaving a mobile app that a dealer can instantly document the items on their buying trips.
Speaker CLike, that's.
Speaker CThat's literally paving the road to the dealer's doorstep to start from that point to allow them to get on the freeway, which would be analogous to technology and being fast and being able to manage quickly and have everything at their fingertips.
Speaker CAnd, you know, you're at dinner and someone texts you and says, I'm looking for an xyz, you with Renati system can go into your entire inventory in your mobile app, make two or three clicks, and you are sharing that piece with that buyer at dinner in three minutes.
Speaker CThat is.
Speaker CThat's analogous to the freeway.
Speaker CBut to get there, we had to back it all the way up.
Speaker BAnd.
Speaker CAnd I will say one thing that I see time and time again with newer entrepreneurs is they have a goal and they put all their eggs in that basket.
Speaker CAnd when they get an obstacle that stops them or tells them that they can't do it, they give up instead of going, what is this obstacle?
Speaker CWhat can I learn from it?
Speaker CAnd more times than not, Tama, I will tell you, and you and I have spoken about this, that if you listen to what is, what's being said to you, even if It's, I don't like this, or I can't use it.
Speaker CIf you listen to that, then you'll see a year later that that thing you really wanted, like, we had an investor who, oh, my gosh, I wanted so badly.
Speaker CAnd we were working through it, working through it, working through it.
Speaker CThey ended up falling through.
Speaker CAnd I was devastated.
Speaker CAnd I took that personally.
Speaker CLike, that I had done something wrong, that my business plan wasn't right, that I hadn't communicated it well enough, that I hadn't explained the vision.
Speaker CA year later, had I taken that investment, with the terms of that investment, I don't know that we would have made it in business because of the terms of that investment.
Speaker CAnd so that's sort of where I was talking.
Speaker CLike, you know, you and I with energy and listening and observing and having the mountain there.
Speaker CBut sometimes what you need will come to you in the form of a no or an obstacle or a learning opportunity.
Speaker CAnd so that's part of that persistence is not letting your ego get in the way.
Speaker CBeing willing to learn, being willing to hear, listen, and then adjust.
Speaker CYes, the mountain is still there, but the path to the mountain might be to go around that cactus, not go through it, or it might be, you know, anyway, So I agree 100%.
Speaker CThat's very intuitive of you.
Speaker BIt's okay.
Speaker BAs you're talking, I wanted to burst into song.
Speaker BGarth, Brooklyn Sometimes I thank God for unanswered prayers.
Speaker CWhat you think you want is actually not right for you.
Speaker BYep.
Speaker CYep.
Speaker CSo you have to trust a little bit in your intuition and in what you're putting out.
Speaker CAnd the.
Speaker CIt sounds so cliche, but the more you help others, the more others will help you.
Speaker CAnd if you keep that purity in what you're doing, like, I just.
Speaker CI have to believe that it ends up in the right place.
Speaker BMe too.
Speaker BWhat I love is I'm sitting here looking at you, and you have this sign over your shoulder.
Speaker BAnd the sign says yes.
Speaker BAnd what I love is that the word no can be the right yes.
Speaker BBecause sometimes no leads you to the right yes.
Speaker BAnd so I, early in the conversation, I picked up on a word, ego, that wasn't being said.
Speaker BAnd I'm so glad that we came back to that word, because what you're describing with the investor, with accepting that a no can be for the greater good, that accepting that things do not happen on your own time frame, always, that sometimes there are delays, and sometimes those delays are for your greater good.
Speaker BAll of those things come down to putting your ego in Check.
Speaker BAnd saying, okay, here's my will, here's my desire, here's what I'm going for.
Speaker BAnd simultaneously saying, okay, I've got this idea.
Speaker BI'm setting my ego aside because this.
Speaker BNo, I'm going to.
Speaker BI don't know what the word is I'm looking for, like release or let go.
Speaker BOr maybe it is letting go of expectations of the outcome.
Speaker BAnd it's.
Speaker BI think the hardest thing as a business owner for me is I'll have a desire.
Speaker BAnd I, I, you know, I do business coaching.
Speaker BI talk to a million clients who have very specific dreams, and maybe their dream is they want to open a store on La Cienega Boulevard and they don't have the money to rent the location.
Speaker BAnd so it's starting, it's already starting someplace different from where they want to be.
Speaker BAnd people can get really discouraged as their pathway meanders.
Speaker BAnd so this process you're describing on such a multi, multi, multi, million dollar level still applies to every single antique dealer who's listening to this podcast.
Speaker BBecause it's about setting the goal, saying, someday, this is where I want to be.
Speaker BThis is what I'm working towards.
Speaker BAnd simultaneously being fluid enough that you're able to let go of your ego that says this is how it has to be done.
Speaker BAnd being open to the opportunities, being open to the yeses and seeing yes in those no's, if that makes sense.
Speaker C100%.
Speaker C100%.
Speaker CYou see this with dealers all the time because you're coaching them on the day to day, on the week to week.
Speaker CYou're doing the buying trips with them.
Speaker CYou're showing them how to tap into the trends and how to find followers and how to communicate.
Speaker CAnd it is that, because if you have a dealer who has that idea of where they want to be, and then they're out comparing themselves to other dealers, they can get very discouraged.
Speaker CBut even with that, it's sort of like this thing of someone said to me, well, don't you worry about competitors and this, that, and the other.
Speaker CAnd I said, you know, early on in my tech career, with my first company, when I was in my 20s, I was pitching, and all of these MBAs, PhDs, executives from Steelcase, Knoll, Hayworth, et cetera, were pitching their tech companies.
Speaker CThere was so many companies that were building tech platforms in 2000, in 1999, 1998, yes, tons and tons of competition.
Speaker CAnd one of the things that I had watched was an episode with Oprah where she was preparing to run a marathon.
Speaker CHer trainer Told her, oprah, every time you turn your head to see where those runners are, you are taking your eye off of the mountain and it's messing with your stride.
Speaker CSo don't ever worry about anyone around you, any competitors.
Speaker CYou have your eye on the mountain and you keep going.
Speaker CAnd that's what you listen to.
Speaker CSo for the dealers, it's sort of the analogy would be like, they go, oh, my God, I'm competing against all these other dealers.
Speaker CBut no, you're not.
Speaker CThere's billions of people, people.
Speaker CAnd the Internet is filled with so much noise.
Speaker CAnd so when you find your voice, then all your job is, is to gather those people out there that want to hear your voice.
Speaker CAnd there are plenty for anyone, for anything, for any market.
Speaker CSo it's sort of just get rid.
Speaker CDon't.
Speaker CDon't pay attention to anybody else, right?
Speaker CIf you're on Instagram, say, and you are, I don't know, into Art Deco, and that's what you.
Speaker CThat's what your passion is.
Speaker CThat's what your love is.
Speaker CStart talking about that.
Speaker CStart going and watching others that are interested in talking about that.
Speaker CStart following them back and forth.
Speaker CAnd then you start building this community.
Speaker CIt's not just put content out there and hope somebody's going to find you.
Speaker CYou go and you interconnect with the community that you want to be found from.
Speaker CAnd then that starts to build that.
Speaker CSo it's just, it's just a point on.
Speaker CIt's meandering off a little bit on the yeses and the nos, but it does tie exactly into.
Speaker BComes back to Renati.
Speaker BRenati comes from the word rona, which means my joy.
Speaker BAnd dealers who are successful dealers who are going on the Internet and posting on Instagram and posting about their joy.
Speaker BIf.
Speaker BSo, if we're saying, don't worry about, don't worry about your competitors.
Speaker BFollow the joy.
Speaker BOne of my mantras, and my sister has beautiful calligraphy.
Speaker BShe wrote it on the inside of my closet, says, I make money when I'm having fun.
Speaker BAnd it's like such an obnoxious phrase, but it's true.
Speaker BI make money when I'm having fun.
Speaker BAnd if I follow the fun, if I follow my joy, I'm always going to be successful.
Speaker BAnd it's what I've learned.
Speaker BLike, one of my patterns of success is this.
Speaker BBut it's not just mine.
Speaker BFor this antique dealer you're talking about who is posting about Art Deco, someone who is super passionate about those details, and they're describing, they're describing an art deco ring, like having a.
Speaker BA diamond like the Chrysler Tower.
Speaker BLike, they're getting enthused about details, that their enthusiasm is what pulls the buyer in.
Speaker BAnd so I think the name of Renati coming back to joy.
Speaker BIt's not just the collectors.
Speaker BIt's not just the designers.
Speaker BIt's not just the people who are buying, but the dealers who you are helping.
Speaker BYou're helping them to.
Speaker BYou're helping them to sell their joy.
Speaker BLike you're helping them to take something that they love and make it profitable, make their business profitable.
Speaker CAbsolutely.
Speaker CAnd that's the thing is admin, the administration of an antiques business, you have to be smart.
Speaker CAnd you coach your dealers on this all the time.
Speaker CThey have to be watching what they're purchasing for.
Speaker CThey have to be watching what they're refurbishing, what they're investing in these pieces, how much time is being invested, how much they need to market up so that they can be profitable.
Speaker CThere isn't any joy in being a dealer who isn't profitable.
Speaker CThere's only stress.
Speaker CAnd there isn't joy in the administration side of being a dealer.
Speaker CEvery single dealer I've ever talked to, that part is the least favorite part.
Speaker CTheir favorite part of being an antiques dealer is the sourcing, the finding, the refurbishing, the research on the item, finding out its history, what was happening, how it was used.
Speaker CThat's their joy.
Speaker CAnd then bringing that and inspiring a buyer to purchase it.
Speaker CSo if all of the rest of the administrative side is what determines whether they're profitable or not, and they're not tracking that profitably, and they're spending too much time doing all of this administrative junk.
Speaker CRight.
Speaker CThey've got data in spreadsheets, then they've got descriptions and research in word documents that are disconnected from the spreadsheet, and then they've got images in file folders.
Speaker CThey're spending so much time churning through administrative details that they never get that product in front of the buyer who could buy it.
Speaker CSo in a very weird way, we take this frustrating subject of administration, budget tracking, acquisition tracking, sales, tracking profit margins, and we make it so easy that they can actually spend more time doing the thing that they're in the business to do, and that makes them more successful, more profitable, so they can even do more of it.
Speaker CSo you are 100% Bam, Bam.
Speaker BThat's seriously preach it.
Speaker BI am super excited just about the product that you're offering, also just your business insights, because I really feel like our listeners.
Speaker BI feel like our listeners are Going to be inspired.
Speaker BThe thinking about, thinking about competitors and thinking about staying focused on your goal.
Speaker BOne of the things that came to my mind was, one of the things that came to my mind was that competitors can actually be the inspiration for you.
Speaker CSure.
Speaker BThat it's sometimes being able to see how someone does something, what they do, how they do it.
Speaker BOne of the things I always tell clients is show me three people you think are doing it right, that their inventory is great or you love the way just their marketing is.
Speaker BTheir branding is three, show me three people who are doing what you want to be doing.
Speaker BAnd so I think again, coming back to this theme of energy, coming back to this theme, it's way more positive energy.
Speaker BIt's good energy to be inspired versus jealous.
Speaker BAnd I always think about like emotional lines.
Speaker BYou can have that same emotional line, could be jealousy or it could be inspiration.
Speaker BAnd so figuring out how to focus, where can I get my inspiration from these leaders in my industry?
Speaker C100%.
Speaker C100% inspiration is all around us.
Speaker CAlso you have to be prepared that when you do hit it that you're going to be copied instantly.
Speaker CAnd you can't be afraid of that because it's just, it is just natural.
Speaker CAnd I see people get very stressed and anxious when we get copied.
Speaker CWhen others in other businesses get copied and they're a smaller business and then a larger business will see something they're doing and then do it but on a larger scale.
Speaker CAnd again, it's that whole thing of like, you can either internalize that and get anxious and anxiety about it or you can just go, wow, that was a great idea and someone else is going to be using it.
Speaker CThere are billions of people out there.
Speaker CJust keep reminding yourself there are billions of people out there.
Speaker CThere's plenty of room for everybody.
Speaker CYou could have, we could have a hundred competitors in the inventory, documentation and management area and that still wouldn't be enough.
Speaker CRight.
Speaker CLike, because there are thousands and thousands and thousands of dealers of unique, one of a kind.
Speaker CWhether it's vintage or it's antique or it's pre owned.
Speaker CThere's so many sellers.
Speaker CAnd so rather than trying to be one thing to everyone, we focus to be the most things to those that we're serving and then others just end up coming in as well.
Speaker CSo it just, I agree with you.
Speaker CFind inspiration everywhere, make it unique to yourself, create on it.
Speaker CAnd don't worry about when you get copied as well, because you will, you'll get copied.
Speaker BIt's a good warning.
Speaker BIt's a good warning.
Speaker BTo listeners because it is something that I do have clients call me and.
Speaker CSay.
Speaker BI've got someone just down the road and now they're carrying the same line or they're carrying.
Speaker BThey, they've done their window up with the same theme as I've done my window up.
Speaker BLike it's, I hear these things and I think, okay.
Speaker BThey say that imitation is a form of flattery, but it's hard.
Speaker BIt is, it's hard to not to not want to punch them in the face.
Speaker BSo it is a good reminder to think about it's gonna happen.
Speaker BAnd if it's going to happen, what are you going to do?
Speaker BYou're going to keep going, you're going to take that next step and you're going to keep going on and you're going to be so busy focused on where you're going, you're, you're not worried about what anyone else is doing.
Speaker BIt's so funny.
Speaker BBefore this podcast, Kelly Ellis, who's also a dear friend of both of ours and your colleague Kelly, had texted me and she said, hey, do you have questions for Stacy in advance?
Speaker BAnd I told her my spiel about the tarot card reading.
Speaker BPast, present, future.
Speaker BAnd I said, I don't send questions out in advance because I like again to use that word, energy.
Speaker BI like what is the energy of the moment and what I did not expect on this podcast.
Speaker BI normally have a pretty good idea where the conversation is going to go.
Speaker BWhat I didn't expect on this podcast is how I think and I should have expected this because you're a role model.
Speaker BI said it earlier, a pioneer, a visionary.
Speaker BBut you're a role model for a lot of people in this industry.
Speaker BAnd one of the things I didn't think about where our conversation would go is the type of hands on, practical advice that you would be giving for dealers.
Speaker BIn addition to the fact that you're providing this hands on, practical service.
Speaker BAnd it's, this is the reason why I don't plan preset number of questions that I just let it be a conversation that organically flows which to be very honest with you can be difficult sometimes.
Speaker BYou're an easy guest.
Speaker BListeners have probably know who some of the difficult guests were in the past.
Speaker BBut so it can be a difficult thing with that.
Speaker BBut it's, I love it when a message as beautiful as what you've shared is able to boil up as a result of an organic conversation.
Speaker BAnd I think when I think about people who inspire me, you're one of those people who Inspire me.
Speaker BAnd when I think about role models in this industry, you're definitely one of those role models in this industry.
Speaker BAnd it's just an exciting role model.
Speaker BIt, it's, it just made me feel warm and fuzzy.
Speaker CWow.
Speaker BThat.
Speaker CYou are very, very kind.
Speaker CYou know that I'm not.
Speaker CI'm funny on the compliment side of things because I'm just working.
Speaker BLike your face getting shy.
Speaker BI know, I know.
Speaker CIt's so funny.
Speaker CI have to get better at that.
Speaker CThank you so much.
Speaker CIt's so kind of you to say.
Speaker CBut I also just feel like so many of us are, are working and are working to, to help and to provide services and to build our businesses.
Speaker CAnd what we see constantly are the outrageous successes of the big companies, the big leaders, the big role models, the big.
Speaker CAnd so that's what we're constantly comparing ourselves to.
Speaker CRight.
Speaker CAnd yet we forget the fact that 99% of businesses over a four year period, maybe not 99, but it's like, what's the number?
Speaker C50% of businesses close their doors in two years.
Speaker COf that 50%, another 50% will close their doors within two years.
Speaker CAfter that, here you are 20 years later, still.
Speaker BStanding.
Speaker CYeah, exactly.
Speaker CAnd diversifying and growing and expanding.
Speaker CExpanding and tweaking and adding new features and nuances and evolving.
Speaker CAnd that's huge.
Speaker CRight?
Speaker CAnd very often we don't acknowledge the fact that, okay, great, we're still striving on our next goals and our next wishes.
Speaker CBut I listened to a podcast the other day of someone who.
Speaker COh my gosh, who was it?
Speaker CHe built a business.
Speaker CHe spent 10 years and then it got so big that he sold and he sold out.
Speaker CAnd it was a billion plus, $2 billion exit.
Speaker CAnd he was saying how he was fully depressed because he lost his, his game and his group and his creation.
Speaker CAnd now he had all this money and no problems and no obstacles and no.
Speaker CAnd he tried to like become an investor in other companies, but it wasn't, it wasn't involved enough and he was just sort of lost.
Speaker CAnd so we forget that part of our journeys and our joy is in the overcoming of these obstacles that come our way and the creation of the future goals.
Speaker CIt's like the people who retire.
Speaker CAnd there's studies on if someone fully retires and doesn't have something to really engage them, then their lifespan is shortened versus those who are still going and doing.
Speaker CAnd so it's just, you know, ditto.
Speaker CBack to you there, Tama.
Speaker CThere you go.
Speaker BThank you.
Speaker BHow many countries are you in now?
Speaker BYou said it earlier.
Speaker CWell, our team is across eight countries, but Renati itself, we have Renati us which is corporate headquarters based in Florida, right outside of Tampa Bay.
Speaker CAnd then we have Renati UK limited which is our headquarters for the UK and eu.
Speaker CAnd so we have team members.
Speaker COh my gosh.
Speaker CI mean Kelly Ellis, who you mentioned, she's headquartered in Barcelona, she's our Senior VP of Industry relations.
Speaker CSo she handles all of our partnerships with the various trade fairs and the associations and just all sorts of different groups.
Speaker CYou being one of our very first partners years ago and such an incredible supporter of just me personally and Renati, which has been just so appreciated and just amazing.
Speaker CAnd then in terms of our dealers and our customers, I would have to go look.
Speaker CI mean the majority of our customers are in the UK and the us but I would have to go look because now with the opening of studio we've had, we're, we're over 2,000 registrants now.
Speaker CAnd so we've seen all sorts of countries in that.
Speaker CBut really the system is built for dealer.
Speaker CI mean dealers can put in any currencies, they can put in measurement systems, they can put in their defaults.
Speaker CSo anyone can use it from any country.
Speaker CWe haven't translated it into different languages because the nuances of antiques, as you know, there's, it's not a one to one translation.
Speaker CSo right now it, the all of the attributes and the fields and the data is set up for English and then once it is on our trajectory to get that so that we then can switch it over.
Speaker CBut again that's another thing like they go, oh well AI can just translate your entire system.
Speaker CYes, it can do that for a single document.
Speaker CBut when you're talking about a multi layered platform that has the nuance of our mobile apps are fully synchronized with the desktop version of the platform and so that data is in real time synchronizing constantly.
Speaker CAnd so then you just go, oh, we'll translate this all into another language.
Speaker CIt misses the nuance and then creates issues.
Speaker CSo we're being very careful about when we roll that out into the next languages.
Speaker BYeah, I think that's smart.
Speaker BSpeaking of trajectory, I'm curious just what's next for you?
Speaker BWe've talked about where you've been, we've talked about where you are.
Speaker BLet's talk a little bit more about where you're going in these final minutes.
Speaker COkay, well, you know all, but on this podcast I am not going to speak to all.
Speaker CI will.
Speaker BMy mouth is sealed.
Speaker BI know Nothing.
Speaker CWe have signed NDAs, so I totally trust you on that.
Speaker CNo, I'm, I'm kidding.
Speaker CBut truly the, the future is very full.
Speaker CIt is all about again, we end where we started.
Speaker CWe are focused on building technological solutions for vintage and antique dealers.
Speaker CTo thrive is such a cliche word at this point.
Speaker CIt's been being used for five years everywhere.
Speaker CNot just survive, but thrive.
Speaker CRight.
Speaker CSo, but it would be a word along that line.
Speaker CEverything that we do is all about uplifting this industry as a whole, empowering the industry, empowering the dealers, empowering the influencers, the media, the writers, the trade fairs, the associations.
Speaker CSo we have a lot in store that is coming, that builds off of what we've already built and that positively impacts the entire industry, including the marketplaces that are out there right now.
Speaker CIt's just, it's so thrilling and exciting.
Speaker CAnd now that we've got the pavement is done, the on ramps are done, the freeway is lined, now it's going to all of these incredible destinations.
Speaker CSo over the next 12 months, there are lots of, lots of new features and rollouts that are going to be coming.
Speaker BAnd I understand that you have a special offer for our listeners of the business of antiques.
Speaker COh yes, absolutely.
Speaker CSo any dealers?
Speaker CYes, yes, yes.
Speaker CSo any dealers that are listening, if they go to renati.com and they go to the sign up and they use the VIP code, I think it's diva2025, then they will get an extra discounted offer.
Speaker CNow anyone can sign up for a free account.
Speaker CWhen you go to the pro account, that's where it's paid.
Speaker CAnd we kept it really as inexpensive as we can.
Speaker CBut for the DIVA dealers or listeners, they can go in, they put in Diva 2025 and then they get special discounted offer based on how much inventory it is, how much, how much action that they're using, because a dealer who has a thousand pieces of inventory and we're going to do their import for them, et cetera, is a different scenario than the new dealer who might only be doing their first buying trip with you, they're going to have a couple hundred items, et cetera.
Speaker CSo we try to be really aware of that.
Speaker CAnd yeah.
Speaker COh, and for those dealers who are already established and they have their information either in spreadsheets or file folders, we do that first setup and importing for them into the system.
Speaker CAnd when they have that moment where they see all of their images and all of their data in one place together, they have this aha moment.
Speaker CAnd when they have it in their phone and they've got it in their.
Speaker CIt's just.
Speaker CIt literally is that thrilling moment that you have with your clients when they have the aha moment.
Speaker CSo, yeah, would.
Speaker CWould love.
Speaker CAnd for any of your clients who have already signed up and have their free account, they can call, talk to their account manager here and say, listen, I want to get in on that.
Speaker CSo it's retroactive as well.
Speaker BThank you for that.
Speaker BWhat I love is that you're putting a human touch to technology.
Speaker BAnd I think that's kind of been a theme throughout this conversation, has been that that human touch.
Speaker BAnd I appreciate what you're doing in the industry.
Speaker BIt's been a pleasure chatting with you.
Speaker BTell everyone how they can find you.
Speaker CThey can find me.
Speaker CWell, renati.com is r o n a t I dot com, so that's the company.
Speaker CAnd then you can find us on Instagram at World of Underscore Renati for the dealers.
Speaker CThey should also follow us @renatipro on Instagram.
Speaker CThat's where we have a lot of the tool set.
Speaker CAnd then for me personally, always love connecting.
Speaker CAnd it's Stacy S T A C E y Tiveron T like Tom, I V like Victor E R O N like Nancy at LinkedIn.
Speaker CSo there you go.
Speaker BAmazing.
Speaker BWell, I really appreciate that you've taken the time to be here.
Speaker BIt's been wonderful seeing you face to face.
Speaker BAnd I just appreciate the voice of encouragement that you've given the trade that within obstacles come opportunities.
Speaker BAnd I think everyone who's been listening today, their minds are going to be percolating in their minds are going to be percolating about what they can be doing next with the help of Renati.
Speaker CI love it.
Speaker CThank you for having me.
Speaker CSo good to see you.
Speaker BThanks.
Speaker BTalk to you later.
Speaker COkay, bye.
Speaker BCiao.
Speaker AI hope you've enjoyed this episode of the Business of antiques.
Speaker AI'm Tom McLark Haines, the Antiques diva.
Speaker BAnd I'm helping you make your passion.
Speaker AFor anti antiques profitable.
Speaker ATalk to you next time.
Speaker BCiao.
Speaker BChow.