Power Talk Friday: Sandra Funk: The Millionaire Mindset for Interior Designers
Today With Sandra Funk:
Welcome to a Well-Designed Business. We all know that thriving in business takes a specific mindset. But what is the millionaire mindset, really? How can we break out of fear mode and start doing what it takes today to take our business where we want to be?
In today’s sponsored show, Sandra Funk is here to chat about the Interior Design Standard and the millionaire mindset for designers.
Pick It Apart
[7:54] Sandra and LuAnn discuss why waiting for the “right time” hurts designers.
[21:26] Sandra and LuAnn talk about the importance of investing in your business.
[40:07] Sandra and LuAnn share the value of setting expectations with your clients.
[45:44] Sandra shares how important it is to have a process for estimates—and to stick to it.
[49:36] Sandra shares details about the upcoming session of the Interior Design Standard.
LuAnn Nigara and Sandra Funk’s Ah-Ha Moments
“When we’re not process driven, and we don’t have it documented, then we are making up the conversation.” -LuAnn
“There are so many designers who are doing this designer discount and charging 10% or 20%, or even 30% markup. I tracked it people—that is break-even. 35% markup is break-even.” -Sandra
More About Sandra Funk
Sandra Funk is a trusted advisor and the celebrated design leader who built the boutique firm, House of Funk and her proven process, the Interior Design Standard. Over 30 national press outlets – Elle Decor, Architectural Digest and House Beautiful, to name a few – have recognized Sandra for her award-winning designs and innate entrepreneurial spirit.
Despite her business degree, a background in business process consulting and a design education from Parsons, it took Sandra over a decade – and the help of several experts – to develop and fine-tune her business model for a thriving interior design firm.
Today, Sandra is deeply rooted in empowering and educating design entrepreneurs. With her turnkey approach, she welcomes designers into her inner circle, sharing her proven process for a balanced, joy-filled and wildly profitable design firm.