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A Well-Designed Business® | Interior Design  Business Podcast

356: Vincere: Insights on Designing for the Luxury Market

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Business, Design, Arts

4.8786 Ratings

🗓️ 4 September 2018

⏱️ 65 minutes

🧾️ Download transcript

Summary

Welcome to the show! Today we are very happy to introduce you to Vincere, an influential, Chicago-based, full-service interior design firm,  founded in 2007 by Micheal Stornello and Tom Konopiots. Vincere is a business fully committed to the principals of precision, proportion, scale, and form. They have completed projects throughout the Midwest, California, and Europe and their wide range of enterprises include everything from the pre-construction stage, through the interior design phase, to the acquisition and placement of the art and accessories. The team at Vincere firmly believe that the key to success lies in careful listening and clear communication. Join us on the show today to find out what Michael and Tom have to share with you. Both Tom and Michael have very strong business backgrounds. Michael used to be in the television industry where he served as executive vice president, development, for King World Productions (now CBS Television Distribution). Tom was previously COO and CEO of two futures brokerage companies. Listen in today to find out how their previous business experience has informed the way that they run their full-luxury interior design business. Show highlights: Some background on Mike and Tom's previous careers. How their shared passion brought them to start an interior design business. How they learned their design skill set through their real-life experience. Some of the mistakes they made and lessons they learned through trial and error. Creating impact for their clients and closing deals with three-dimensional floor plans. The way that they work with their vendors and contractors using 3-D models. The importance of being well-prepared and paying close attention to detail. All their clients are really value-conscious, regardless of their wealth. Their approach to addressing budget-related issues with their clients. The way that technology helps them to overcome certain client issues. Managing a million-dollar budget so that it looks like a million-and-a-half-dollar budget. They are fully transparent with their clients, in terms of the cost of things. In certain circumstances, it's necessary to tell the client that they're not the right fit. Avoiding traps and pitfalls with clients and adding the appropriate markup. Creating the kind of contract that can be put away and not thought about again. Finding the right balance within a partnership. Links: Website - Vincere Facebook - Vincere Instagram - Vincere Interiors Previous episodes mentioned on the show: Sandra Espinet #287 Fred Berns #289 Chris Raney #345

Transcript

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0:00.0

Have you heard about the exciting new exhibit by the Black Artists and Designers Guild,

0:05.6

which was commissioned by the Cooper Hewitt Smithsonian Design Museum in New York City?

0:11.1

Big news, right?

0:12.6

The Cooper Hewitt's exhibition is called Making Home, Smithsonian Design Triennial.

0:18.2

Now, the batch designers exhibit is titled the Underground Library,

0:23.8

inspired by the Underground Railroad. The Underground Railroad is the clandestine network

0:28.6

established in the early 19th century through which many enslaved African Americans

0:33.6

traveled in search of freedom. This library installation represents a 21st century sanctuary surrounded by art, objects,

0:43.5

artifacts, and books of black legacy.

0:46.9

In reimagining and repurposing the Andrew Carnegie Personal Library,

0:52.7

badge invites you to examine the power of home libraries

0:56.1

and the significance of literacy, remembering that African Americans were denied the right to read

1:02.3

under slavery. I'm honored to share that Window Works in Livingston was asked by badge to create

1:08.7

the flat panels for the windows. We used a custom design fabric

1:12.5

by badge members, and the fabric was fabricated by Stacey Garcia's team at Libatex. So please make a

1:20.0

point to visit this inspired space the next time you are in New York City. The exhibition runs

1:25.5

from November 24 all the way through August 10th,

1:30.0

2025. So you have plenty of time to get this on your calendar. We will put links in the show notes. Welcome to a well-designed business.

1:50.6

My name is Luann Nigara, and I'm so glad you found this podcast.

1:54.4

Together with my husband, Vince, and our partner, Bill, we have grown our company Window Works from the ground up.

2:00.1

So I know and I understand the challenges you face in running your interior design business.

2:06.4

I also know that your talent alone isn't enough to ensure your success.

...

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