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85: A Conversation with Katie Monkhouse
Manage episode 356913075 series 3352354
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Have you taken into consideration the commitment you are making when signing a lease for a shop? How would you react to losing a vital member of your design team? Have you thought about offering different types of services and products in order to attract a variety of clients? We chat about this and more, with Katie Monkhouse of Katie Monkhouse Interior Design.
In this episode, we talk about:
- Katie’s journey: From a career in fashion to then becoming an interior designer
- Underestimating the amount of work and commitment level required to have a shop
- Planning ahead of time versus just getting something done
- Losing a junior designer and a large project in the same day
- What Katie’s team looks like now, after re-assessing everything
- That happy dance feeling when someone makes a purchase on the website
- Diversifying revenue so you don't have to rely on client work all the time
- Not constantly giving away free advice
- Talking about how the current economy is affecting the design industry
- When to charge a flat fee versus when to charge hourly
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