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A Well-Designed Business® | Interior Design  Business Podcast

372: Laura Michaels: How to Talk Budget with your Interior Design Clients

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Business, Design, Arts

4.8786 Ratings

🗓️ 30 October 2018

⏱️ 55 minutes

🧾️ Download transcript

Summary

Welcome to today's episode! We know that you're really going to love it! We have Laura Michaels with us today and she is an experienced and insightful designer who knows how to tell it like it is. On the show, we have a very straightforward conversation with her about talking budget with clients. Laura is very confident in her process and in the service she offers, and she really knows how to hold her ground in these conversations. Listen in today, become inspired, and learn from Laura's expertise, and her really confident way of dealing with clients. Laura Michaels Design is a full-service design firm specializing in residential and commercial interiors out of Greenwich CT. Having started her career as a fashion designer, Laura Michaels is no stranger to developing complete collections filled with layers of textures, patterns, and colors. Laura thrives on the challenge of finding the perfect combination of textiles and other materials, then integrating them in unique and unexpected ways. Laura spends much of her time sourcing fabric, carpet, lighting and more...from all over the world and prides herself on her thorough knowledge of the market. Laura is also proud of her ability to source the "right" item at the ''right'' price. If cost, size or availability become an issue, her design skills allow her to create the perfect piece in one of her many custom factories.  Her extensive knowledge of the market makes the design process quick and easy, but never routine. Her artistic vision transforms the space into warm and inviting interiors and it is Laura’s goal to provide a warm, inviting environment that is enjoyed by her homeowners and will last the test of time. Listen in to find out more. Show highlights: Developing the skill set to really understand your ideal client. Some red flags to look out for with a client. The kind of client that Laura works with. Looking at a potential client's expectations before their budget. There are millions of different supplier websites for all budgets. Laura's way of dealing with clients who are not clear about their budget. Managing your client's expectations. Laura loves the challenge of fulfilling a client's expectations on a limited budget. Things that people don't understand about hiring an interior designer. Hiring a designer can really be price effective. Establishing the ground rules around the budget upfront. Laura's way of obtaining art for her clients. Having the budget conversation with clients. Referrals are really important. You need to be confident and know your value to avoid being taken advantage of. Links: Website: Laura Michaels Design Instagram: The Laura Michaels Design Pinterest: Pinterest e-mail: [email protected] Find Luann on Instagram

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.

1:51.1

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

1:54.9

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

2:00.6

So I know and i understand

2:02.8

the challenges you face in running your interior design business i also know that your talent alone

...

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