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A Well-Designed Business® | Interior Design  Business Podcast

783: Power Talk Friday: Nancy Ganzekaufer: Profit Insiders for Interior Designers

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Arts, Design, Business

4.9810 Ratings

🗓️ 17 June 2022

⏱️ 67 minutes

🧾️ Download transcript

Summary

Today With Nancy Ganzekaufer: Welcome to a Well-Designed Business. It’s Power Talk Friday and this show is sponsored by Nancy Ganzekaufer and her newest program Profit Insiders for Interior Designers. She is back to talk about the importance of analyzing your profitability. More specifically, Nancy is here to discuss the importance of knowing your numbers for the jobs that are already completed. The whole point of our business right? Tune in to learn if how your pricing your projects is benefitting or hidduring your business, and how Nancy can help. More About Nancy Ganzekaufer: Nancy Ganzekaufer is a focused, motivated, and dedicated Interior Designer Business Coach. Through her work, Nancy empowers creative entrepreneurs to build the life and business they have always wanted and deserve. As a mom of three young adults and a successful business owner, Nancy understands the unique challenges entrepreneurs face when pursuing their dreams of growing a profitable business. She leads by example through her hard work, encouragement, and most of all, her no-BS leadership style. In addition to Business Coaching, Nancy is a National Board member of the Interior Design Society (IDS) and the Current and Founding President of the IDS Virtual Chapter. Pick it apart: [8:12] Nancy starts to tell us what she teaches the designers that she works with about pricing for profitability. [13:19] Nancy walks us through how she helps an interior designer look at their projects for profitability.  [23:40] Nancy talks more about her Profitability Analyzer. [35:05] Nancy tells us about her Profit Insiders For Interior Designers year-long program. LuAnn and Nancy Ganzekaufer Ah-Ha Moments: “Using the Profitability Analyzer will help you see where you may still have a weak spot or service model that you are currently selling over and over again thinking that it’s great, but isn’t actually viable for you to make the money you need to make.” - Nancy Ganzekaufer “The only way we actually know that we are consistently pricing for profitability is if we are consistently reviewing the projects.” - LuAnn Nigara “Once you start running your business by numbers, you’re going to run the business like a CEO, not just by emotion.” - Nancy Ganzekaufer “As you grow your company you have to consistently keep learning.” - LuAnn Nigara Connect with Nancy Ganzekaufer: Website Profit Insiders for Interior Designers Interior Design Business Forum Facebook Group Business Building Boutique Confident Interior Designer Membership Site  YouTube Instagram Facebook LinkedIn Other Shows Mentioned: #15: Nancy Ganzekaufer- Niche is Rich #37: Lesley Myrick- Strategies I Used to Build My Business #159: Power Talk Friday- Nancy Ganzekaufer- How to Get Confident and Clear On What You Offer #256: Nancy Ganzekaufer: A Powerful Strategy to Attract More Clients #389: Power Talk Friday- Nancy Ganzekaufer- The Interior Design Profit Formula #584: Lesley Myrick- Building a Business From the Ground Up, Again #766: Lesley Myrick- Offering Interior Design Without Procurement A Big Thank You to Today's Sponsor: Today;s show was sponsored by Nancy Ganzekaufer and her newest program Profit Insiders for Interior Designers.

Transcript

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0:00.0

This episode is sponsored by Revelwoods. Revelwoods is your source for premium hardwood and resilient

0:06.7

flooring. Using the Revelwoods selector tool, you will be able to find curated suggestions for

0:11.8

each specific project based on criteria such as style, color, zip code, and usage. Because the species

0:19.3

of wood that performs in a laundry room in Key West is not

0:22.7

going to be the same as the wood that will perform in a living room in Chicago. And how do you know that?

0:28.2

Well, Revelewoods helps you. Know before you specify. And when you sign up for a free professional

0:33.9

membership, you'll get access to exclusive discounts and referral benefits.

0:38.5

Visit revelwoods.com to get started.

0:52.9

Welcome to a well-designed business.

0:55.0

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

0:59.0

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

1:05.0

so I know and I understand the challenges you face in running your interior design business. I also know that your talent

1:13.0

alone isn't enough to ensure your success. So on this podcast, we talk about strategies and

1:19.8

practical steps to help you grow your business. But make no mistake about it, we have our share

1:25.0

of fun here too, mixed in with those aha moments that I love so

1:29.0

much. This isn't fluff. Nobody has time for that. Whether you are a new interior designer or a

1:35.1

season designer, I am here to help you create and to manage the kind of interior design firm

1:40.7

that you dream of. It's straight talk and it's action. Are you ready? Let's get started.

1:49.1

Hi, welcome to a well-designed business. It's Power Talk Friday. And this Power Talk Friday is

1:53.9

sponsored by Nancy Gansikhalfer and her newest program, Profit Insiders for Interior Designers.

2:00.0

Nancy is a friend, a colleague, and a co-author

2:02.3

in my second book, The Power Talk Friday Experts, Volume 1. In her chapter, Nancy talked

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