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PODCAST

Interior Design Business

Are you an interior design professional who wants to create time-accurate, money-generous, and fee-based job offers that clients jump to say "yes" to? Terri Taylor, President and Creative Director of the Interior Design Business Academy and the host of the Interior Design Business Podcast, is here to help interior design professionals who want to create lifestyle design businesses that pay them what they are worth.Each week, Terri is bringing her clear, proven, and repeatable step-by-step "recipes"

business entrepreneurship

All Episodes

26:38

What to Do When You Look Successful But You’re Not...

Interior Design Business ·

2023/05/27

Just because a business looks like it’s doing well, doesn’t mean it actually is. You might have a lot of money going through your accounts, but how much is left over at the end? If it’s not as much as you’d like, what’s going on there? Let’s get to the bottom of it. It can be hard to pinpoint why you’re not making any profit when it feels like you’re working hard, getting clients, and finishing great jobs. The truth is there are probably a lot of things behind the scenes that are leaking money. The

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32:15

The Luxury Mindset

Interior Design Business ·

2023/05/20

What is a luxury mindset? This is an important concept for interior designers and service providers, so I wanted to dedicate a whole episode to it. There’s a misconception that once you start getting luxury clients, you’ll become a luxury designer, but it just doesn’t work that way. Your luxury mindset needs to come first and the clients will follow. In this episode of the Interior Design Business podcast, I’m taking you through the elements of a luxury mindset and how to start implementing them to

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26:19

Big Price Tags

Interior Design Business ·

2023/05/13

Have big price tags ever caused trouble for you in your design business?I have a lot of stories about designers getting in trouble with big price tags, but probably not in the way you’re thinking right now. I’m sharing some of these stories with you in this episode to demonstrate how your money mindset can clash with your client’s money mindset and get messy. You don’t want to let your own money mindset get in the way of delivering a big price tag to your client. Saving money isn’t always the best

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22:36

Follow the System

Interior Design Business ·

2023/05/06

“If it ain’t broke, don’t fix it.” These are words to live by when it comes to your systems and processes.Here at IDBA, we have a really effective process for bringing in clients and jobs. It builds trust with your clients and sets you up to get paid for more and more work. The problem is, sometimes we get in our own way. We feel the need to get creative and stray from the processes that we know work. Systems and processes are not where you need to get creative; save that energy for your designs! In

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22:14

From Lead to Design Job

Interior Design Business ·

2023/04/29

How do you take a lead, turn it into a prospect, and then turn it into a good design job?In this episode of the Interior Design Business podcast, I’m sharing my process for turning leads into prospects and prospects into paying clients. This is one of those things that you need to have a process for in your business. Without a clear and repeatable process, a lot of leads are going to fall through the cracks when they could have turned into really great design jobs. We’re covering everything from the

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27:28

The Slow Design Advantage

Interior Design Business ·

2023/04/22

When you jump into a job too fast, things tend to go wrong. I get it; it’s exciting when a new job looks like it’s going to be a good one, but you need to know everything about it before you say yes and especially before you price it. In this episode, let’s talk about how to slow things down and avoid saying yes to a job too quickly. The advantages of a slower design process are that you get paid appropriately for your time, you know exactly what the job will require of you, and your client knows

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32:10

Profitable Remodeling Jobs

Interior Design Business ·

2023/04/15

How do you make remodeling jobs profitable?Maybe you love working on remodels, but you always find yourself losing money on them. That’s a lot more common than you might think. Is there a solution? This episode of the Interior Design Business podcast has the answers for you. Remodels are a big business these days. There are hundreds of thousands of dollars exchanging hands every day in the remodeling industry.Designers can be a huge part of a remodeling job, but often they are underpaid and

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25:21

Getting Out of Your Comfort Zone

Interior Design Business ·

2023/04/08

How often are you pushing yourself outside of your comfort zone?I know it’s hard to do, and you can’t do it all the time, but the truth is if you never leave your comfort zone, you’re missing out on a lot of opportunities.In this episode of the Interior Design Business podcast, I’m going to try to make it a little easier for you by sharing some practical reasons and ways to get out of your comfort zone. We’re talking about how to know where your comfort zone ends, embrace the good kind of scary, and

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25:01

Purchasing Secrets

Interior Design Business ·

2023/04/01

Have you ever had a job go sideways because a client wanted to get involved with the purchasing process?There are ways to allow clients to make their own purchases if that’s what they really want to do, but it’s really important to know how to protect yourself in those situations because they can get messy if you’re not careful. In this episode of the Interior Design Business podcast, I’m sharing my purchasing secrets with you. I’m teaching you how to handle clients who insist on purchasing from

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25:38

How to Handle Challenging Clients

Interior Design Business ·

2023/03/25

How do you handle clients who are difficult to work with?A lot of business owners dread facing challenging clients because they don’t know how to handle them professionally while still sticking to their boundaries. It’s not fun dealing with challenging clients, but it does happen, so let’s talk about it. In this episode, I’m covering things like when to walk away from a situation, how to end a job that’s dragging on, how to communicate additional fees, and when to say no. I’m sharing my most

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30:46

Mistakes You Don’t Want to Make Working With Contractors

Interior Design Business ·

2023/03/18

Do you love remodeling jobs as much as I do?I love the imagination and creativity that goes into taking something run down and turning it into something amazing. A lot of designers enjoy remodeling jobs but they don’t know how to make them profitable. That stems from not knowing how to handle and position yourself with the contractor, so in this episode, I’m covering the mistakes designers make when working with contractors to help you avoid them next time!If you’re making some of these mistakes,

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33:58

Boundaries and You

Interior Design Business ·

2023/03/11

Do you have boundaries in place (in writing) to protect you in your business?The actions of your clients can reveal that you’re missing boundaries in some very important places, so I want to make sure that doesn’t happen. In this episode of Interior Design Business, I’m sharing what kinds of boundaries you need to have in place, how to communicate your boundaries effectively and professionally, and how to follow through on your boundaries to avoid being taken advantage of. This episode is important

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25:52

The Danger of Throwing Out Design Fee Numbers

Interior Design Business ·

2023/03/04

Throwing out design fee numbers to potential clients without thinking about it can get you in all kinds of trouble, so why does it happen?In this episode of Interior Design Business, I’m teaching you how to take a $1,500 throw-out fee that’s going to get you in trouble and turn it into a $4,500 fee with a $30,000 budget (or more!). It’s not hard to do, you just need to know how to say it and how to work through it, and by the end of this episode, you will.Topics covered in this episode include:How

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25:47

How to Use a VA (Virtual Assistant)

Interior Design Business ·

2023/02/25

Have you thought about hiring a virtual assistant for your design business? One of the best things you can do for your business is focus on your brilliance. Your brilliance is your creativity and it’s where you make the most money. How do you spend more time there and less time on paperwork and putting out fires? You hire a VA to help you. If you’ve been thinking about hiring a VA but you’re not sure if it’s worth it or how to go about it, this episode is for you. I’m covering all the basics like

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30:00

3 Hiring Mistakes to Avoid

Interior Design Business ·

2023/02/18

Are you scared to make your first hire?The fastest way to build your business is by hiring good people to help you, but hiring has its pitfalls too as I’m sure you know. I’m here to tell you that you don’t need to be scared. I know it’s a big step, but when you’re well-prepared and you know exactly what you’re looking for, you’re not going to regret hiring people to help your business thrive. In this episode, I’m sharing three mistakes for you to avoid to make the hiring process a lot smoother for

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31:18

Common Mistakes

Interior Design Business ·

2023/02/11

What if I told you there were some simple changes that you could make to instantly grow your business? In this episode, we’re talking about some of the common mistakes that could be holding your design business back. If your business isn’t growing as fast as you’d like or your growth has plateaued, these are some things that you can take a look at to get back on track.I’m sharing specific things that you can change to give your business a boost, so get ready to take some notes, because you’re not

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23:06

The Art of Delegating

Interior Design Business ·

2023/02/04

Are you trying to do everything in your business by yourself?The fastest way to build your business is to focus your time on high-paying tasks, but often you get caught up in everything else it takes to run a design business. The sooner you can hire someone to do those things, the better. I want to talk about the thing that stops a lot of business owners from hiring sooner: delegating. If you think that you can’t hire someone because you’re not good at delegating, I’m here to tell you that you’re

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20:48

The Big Goal Secret

Interior Design Business ·

2023/01/28

Do you want to know the secret to reaching your goals? It might not be what you think. When you’re starting out in the design business world, it’s all hustle. You pick up every job that falls at your feet and you don’t have a marketing or business plan to follow. It’s all about getting your business off the ground. Now that you have better clients, you’re making more money, and you have bigger expenses, it’s time to get strategic about how to reach your revenue goals. What do you have to do to get

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25:33

Commercial Design with Guest Megan Thompson

Interior Design Business ·

2023/01/21

Have you been curious about getting into commercial design?In this episode, I’m sitting down with Megan Thompson from Spark Interiors to talk all about her journey to becoming a commercial designer. She’s sharing what her path to success has looked like and some of the things that helped the most along the way. From graduating during a recession to hustling as a new designer to hiring her own team, she’s covering it all, and boy does she have some wisdom for you. Even if commercial design isn’t your

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26:39

Design the Business You Love

Interior Design Business ·

2023/01/14

Designing a business is exactly like designing a room. Do you think I’m wrong? By the end of this episode, you’ll know exactly what I mean. I’m taking a look at what the design process is like and how to apply it to creating your business. The great thing about this is that you already know how to design a room! That means you already know the formula to design the business you want. You’re halfway there!From vision boards to goal-setting, I’ve got you covered in this episode. Tune in to hear how to

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