#26: I Thought I Was Broke! | Calculate Your Hourly Rates

Ok so here's the deal... there's a little secret I'm going to share with you: I will wager a guess that over 85% of interior designers out there right now - EVEN the ones that have been in business for several years - have zero clue what it takes to:actually pay their living & lifestyle expensesactually pay their overhead and keep their lights onactually build a profit into their feesThey're randomly guessing at what to charge their clients per hour.And how do I know this?? Because THIS WAS ME!! This was me for well over 5-7 years in my own business... I was terrified of my numbers and actively avoided figuring out what my run-rate was and what I needed to be charging in order to make my whole life work.And the whole time I was guessing, I actually thought I was BROKE.... But here's the kicker: once I sat down with some help and finally figured out my numbers, my whole world changed. And I started making some serious money.This episode is dedicated to the Minimum Hourly Rate - what it is, why you need to know yours (even if you charge flat fee or PSF methods), and HOW we're going to figure out yours together!GET THE MINI COURSE FOR LESS: as a special thank you for listening to me ramble on about the business of design here every week, I want to offer you 15% OFF the price of the course. Use the code: POD26 at checkout and claim your offer!Purchase pricing course: HEREDESIGNLIFEINC.FOLLOW on Instagram ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@designlifeinc⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠JOIN the private interior designer community on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MENTORSHIP - If you're looking for high-level 1:1 mentorship opportunities, expertly designed templates, guides & resources, and courses on how to elevate your business game and create a thriving interior design business, check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠designlifeinc.ca⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Do it different. Do it better. Elevate the industry.