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Economic Trends and Tips for Interior Designers in 2024 | Interior Design Business Podcast
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How will inflation, interest rates, and economic trends impact your interior design business in 2024? In this episode of the Wingnut Social Podcast, host Darla Powell sits down with renowned interior design coach Gail Doby to break down the biggest financial challenges designers face and how to stay profitable in uncertain times.
They discuss:
✅ The economic outlook for interior designers in 2024
✅ How inflation and interest rates impact design businesses
✅ Strategies for maintaining profitability and business growth
✅ The importance of marketing and networking in tough economies
✅ How mindset shifts can help interior designers navigate challenges
Gail Doby is co-founder of Pearl Collective, an interior design business consultancy that has helped designers, architects, and other creatives increase their profitability by up to 512%. Doby does more than help her clients wrangle decimals on a budget sheet. After nearly 20 years of experience running her own Denver-based design firm (plus a BSBA in Finance and Banking), she’s obsessed with sharing innovative ways to overcome business roadblocks and challenges.
If you're looking for interior design business strategies, financial planning tips, or ways to recession-proof your design firm, this episode is packed with value!
00:00 The Interior Design Industry in 2024
00:14 Meet Gail Doby
01:58 High Point Market Insights
02:39 Survey Results and Industry Trends
04:56 Economic Pressures and Designer Challenges
13:47 Strategies for Financial Success in Interior Design
18:09 Work with Wingnut Social
19:42 Overcoming Marketing Overwhelm
21:05 Networking and Building Relationships
24:27 Mindset and Overcoming Imposter Syndrome
26:36 The Importance of Consistent Marketing
27:16 Hiring and Outsourcing Strategies
31:59 The What Up Wingnut Round!
#interiordesign #design #interiordesign #business #howto #smallbusiness
***
📲CONNECT with Gail:
📲CONNECT with Darla:
📚Resources & People Mentioned:
"Areté: Activate Your Heroic Potential" by Brian Johnson
🏠FOLLOW Wingnut Social:
🎧SUBSCRIBE to The Wingnut Social Podcast:
They discuss:
✅ The economic outlook for interior designers in 2024
✅ How inflation and interest rates impact design businesses
✅ Strategies for maintaining profitability and business growth
✅ The importance of marketing and networking in tough economies
✅ How mindset shifts can help interior designers navigate challenges
Gail Doby is co-founder of Pearl Collective, an interior design business consultancy that has helped designers, architects, and other creatives increase their profitability by up to 512%. Doby does more than help her clients wrangle decimals on a budget sheet. After nearly 20 years of experience running her own Denver-based design firm (plus a BSBA in Finance and Banking), she’s obsessed with sharing innovative ways to overcome business roadblocks and challenges.
If you're looking for interior design business strategies, financial planning tips, or ways to recession-proof your design firm, this episode is packed with value!
00:00 The Interior Design Industry in 2024
00:14 Meet Gail Doby
01:58 High Point Market Insights
02:39 Survey Results and Industry Trends
04:56 Economic Pressures and Designer Challenges
13:47 Strategies for Financial Success in Interior Design
18:09 Work with Wingnut Social
19:42 Overcoming Marketing Overwhelm
21:05 Networking and Building Relationships
24:27 Mindset and Overcoming Imposter Syndrome
26:36 The Importance of Consistent Marketing
27:16 Hiring and Outsourcing Strategies
31:59 The What Up Wingnut Round!
#interiordesign #design #interiordesign #business #howto #smallbusiness
***
📲CONNECT with Gail:
📲CONNECT with Darla:
📚Resources & People Mentioned:
"Areté: Activate Your Heroic Potential" by Brian Johnson
🏠FOLLOW Wingnut Social:
🎧SUBSCRIBE to The Wingnut Social Podcast:
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