Episode 173 · February 25, 2025
Scottie Rae Lawrence: Serial Entrepreneur Who Thrives on Change
with Scottie Rae Lawrence, Founder, Magnolia Soap and Bath Company
33 min
Scottie Rae Lawrence: Serial Entrepreneur Who Thrives on Change
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In this episode
In this episode I sit down with Scottie Rae Lawrence, the founder of Magnolia Soap and Bath Company, and a true serial entrepreneur who actually thrives on change. I first heard Scottie Rae speak at a Tulsa Women's Fellowship lunch, and I knew right away I had to have her on the podcast. Her story is anything but a straight line — fashion buyer dreams, pre-med, chiropractic college, fitness studios, house flipping, a vintage wedding business, and now multiple Magnolia locations in Tulsa.
What I love about Scottie Rae is that where most of us feel stuck, she feels restless and ready for the next thing. She walks us through what it actually looked like to walk away from a chiropractic career she'd gone deep into debt for, why she's never been afraid of change, and the honest, hard lesson of selling a wedding business she wasn't ready to let go of when COVID hit. As she puts it, sometimes you have to let things go to be able to grow.
We also get into the parts of her business that have nothing to do with profit — her faith woven through Magnolia, the give-back culture her team has built around local charities, and what it looks like to invest in yourself in a new season of life. If you've ever told yourself it's too late, I think you'll feel seen by this one. Keep going.
Key takeaways
- Staying stuck can be scarier than change — Scottie Rae reframes risk by asking whether staying complacent will be worse in five months or five years than taking the leap.
- Debt and years of schooling don't have to trap you in a career you don't want; she paid off her student loans by building and selling a business, which freed her to choose her own path.
- A real support network matters — parents who told her she could do anything and a husband who believes in her made it possible to keep starting over.
- Sometimes you have to 'burn the boat' — she couldn't run a weekend retail business and a weekend wedding business at once, so she let one go to let the other grow.
- Selling something before you feel ready isn't always failure — sometimes it's the lesson and the pivot you needed, and the businesses she sold are now thriving in others' hands.
- Build a give-back culture into your business: when a charity partner personally thanked her team, it transformed how invested they felt in the mission.
- It's never too late to chase dreams — investing in yourself can mean exercise to calm a restless brain, ten-year goals with your spouse, and hiring a coach in a new season.
Chapters
- 00:00Welcome and sponsor (Colonial Title)
- 02:00Meeting Scottie Rae and the Cherry Street store
- 03:00From fashion buyer to pre-med to chiropractic college
- 06:00Buying her first business and paying off student loan debt
- 09:00Never feeling stuck and the power of a support network
- 12:00What appeals to her about entrepreneurship and change
- 16:00Event announcement: live podcast with Rachel Lambert
- 17:00Failure, the wedding business, and the COVID pivot to Magnolia
- 24:00The role of faith in her business
- 27:00Magnolia's give-back program and local charities
- 33:00Investing in yourself and looking ahead at 50
“Sometimes you have to let things go to be able to grow. And that's exactly what I did.”
“For me, staying where I was and as miserable as I was, that was more fearful than doing this.”
“I didn't see it as a mistake. It's just a lesson learned, and I'm not going to do that again.”
“It's never too late to chase dreams.”
Resources mentioned
About Scottie
Founder, Magnolia Soap and Bath Company
Scottie Rae Lawrence is a serial entrepreneur and the founder of Magnolia Soap and Bath Company, with multiple locations in Tulsa. A doctor of chiropractic by training, she has built and sold a range of businesses — from fitness studios to a vintage wedding fleet to real estate flips — and thrives on change, faith-driven leadership, and giving back to her community.
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