Preferred Shares Podcast

← Preferred Shares Podcast8 Jan · 1 h 00 min

Forging a Family-Owned Legacy: The Story of Thompson Traders

Forging a Family-Owned Legacy: The Story of Thompson Traders8 Jan1 h 00 min

Welcome to Episode 29 of the Preferred Shares Podcast.

In this episode, we interviewed Clifford Thompson of Thompson Traders, a family-owned business founded in 2002. Since then, Thompson Traders has carved out a niche in the high-end home fixture market with a focus on luxury copper and brass sinks, range hoods, innovative designs, and strong customer relationships.

We discussed a variety of topics:

* Cliff shares his journey in founding Thompson Traders;

* The importance of cash flow in small businesses;

* Thompson Traders evolving from importing to designing their own products;

* The intricacies of product design;

* The impact material choices have on customer preferences and product durability;

* How customer relationships are key to business success;

* How Thompson Traders has navigated a competitive marketplace; and

* The WSJ article in which Thompson Traders was featured and how tariffs have impacted small businesses like Thompson.

To see Thompson Trader’s products in all their glory, please take a look at their most recent “Look Books” for 2025: