56 min listen
206: Design Biz Live - The Most Important Tips For a Successful Interior Design Business
FromA Well-Designed Business® | Interior Design Business Podcast
206: Design Biz Live - The Most Important Tips For a Successful Interior Design Business
FromA Well-Designed Business® | Interior Design Business Podcast
ratings:
Length:
72 minutes
Released:
Jul 19, 2017
Format:
Podcast episode
Description
Today, LuAnn is shaking it up a bit and introducing a new monthly feature, called Design Biz Live. On the third Wednesday of every month, she will be talking with Judith Neary of Roadside Attraction Design Studio and Corey Klassen of Corey Klassen Interiors and they will be discussing the specific problems and challenges that you are facing in your design firm. Somewhat similar to what LuAnn's been doing for the last eighteen months, however, with Design Biz Live, she will be dealing with the questions that you have by asking them of these two talented designers. So, it's the same, but different... Listen in to find out what it's all about! If you'd like to know more about who Corey and Judith are, you can listen to episode #170, where LuAnn first met them and there you can hear all about their firms and their backgrounds. What really makes this new feature so actionable and worthy, is that Corey and Judith run two entirely different kinds of firms, with Judith's being a solo operation, on a small island and Corey's in a big city, with staff. This will be really fun and interesting and it will also give you two very different, yet valid perspectives. What makes it live, is that in addition to this podcast version, there is also a video available, of the three of them, which will be posted on LuAnn's Youtube channel, A Well Designed Business, as well as on the LuAnn Nigara Facebook Page. LuAnn wants you to know that this format is a bit more laid back- more like a coffee jam session- and she also warns you about having these three crazies all in one place! Make no mistake about it, however, they're still going to be covering the business principals that you need to know, in order to be successful. At the end of the day, the goal is still to help you to be more productive and profitable. They've decided to start off with an introduction of the philosophy of both Corey and Judith, so they have each made a list of the top things that they think you should do, or you should know, in order to be successful in the Design Industry. You don't need to take notes, because if you go to www.windowworks-nj.com/designbizlive1, you can get your free PDF download of 'The things I learned from Judith and Corey Design Biz Live Episode #1'. Listen in now and enjoy the new show! Show highlights: The first thing on Corey's list- To be really completely obsessive about drafting and graphic communication. And also...please spell correctly! Corey explains why your construction drawing really needs to be a work of art. The number one thing on Judith's list- Install a toilet, upholster a couch, hang wallpaper, mud and prep dry wall. In other words, get dirty. You really need to have an understanding of not only your trades and what's involved with the different aspects of the product that you're specifying or selling, but there is a respect aspect to this too, which you can only gain through getting a real understanding of the various skill sets involved with doing all of this- and doing it really well. Without this you're not going to be able to really connect with those trades. Number two on Corey's list- You need to take accounting classes. You really do need to know the difference between a mark up and a margin, gross profit and net profit and how much you cost- not how much you earn. The latter includes overheads, facilities, equipment, your hourly rate and your costs for getting back and forth. Number two on Judith's list- Work on a finish line at a Cabinet Manufacturers for at least two weeks. Not going to happen easily, but you should try! This is because you really have to have an understanding of the human element involved here. There are going to be imperfections- this is in the nature of the business, so this understanding helps lessen the shock or surprise value when something does go wrong. Number three on Corey's list- Visualise the details. Stand in the room for five minutes and design it in your mind. If you really can't
Released:
Jul 19, 2017
Format:
Podcast episode
Titles in the series (100)
06: Identifying Your Transferrable Skills with Erika Ward: On today’s show we have the lovely Erika Ward! Erika started out as an accountant for a design, build company. While still working in corporate settings she started her own firm called “Erika Ward Interiors”. She used her background... by A Well-Designed Business® | Interior Design Business Podcast