Today With Terri Taylor: Welcome to A Well-Designed Business. It’s Power Talk Friday. Today, I’m joined by my friend Terri Taylor for the 8th time. This episode is sponsored by her Interior Design Business Academy and specifically The Real Deal which takes place this May 10th, 11th, and 12th 2023.  You know that Terri is an expert at coaching designers on how to be profitable on remodeling jobs. One of the factors of a successful remodel job is how you communicate and interact with your contractor. Today, she is sharing the five mistakes to avoid when working with a contractor.  This information is just a taste of what Terri has in store for her upcoming Real Deal presentation. Her once-a-year three-day event is, in her own words, the recipe for a highly profitable remodeling job. Pick It Apart [23:38] A common occurrence for when a designer gets a lead on a remodel job. [32:04] Terri explains what an exploratory agreement is and why you should have it. [47:57] The last mistake designers make when working with a contractor- initiate the conversation. [1:04:50] Terri talks about The Real Deal, when it is, and all of the value it will provide designers. LuAnn Nigara and Terri Taylor's Ah-Ha Moments “It’s not to say we don’t need the contractor and his prices, but we don’t need his prices in the first meeting.” - Terri Taylor “If you initiate this conversation about who is going to buy and do what with the contractor, if it’s your job and you’re bringing them in you get to choose.” - Terri Taylor More About Terri Taylor: Terri Taylor is an award-winning interior designer turned business coach who teaches and mentors designers on how to create thriving businesses and own their worth. Terri has more than 30 years of experience in the interior design and construction business. She’s been featured in regional and national design publications and is a sought-after guest speaker at national and international events. She speaks on a number of topics related to the business of interior design, including business practices, sales, marketing, mindset, leadership, success, and personal growth. As host of the Interior Design Business Podcast, Terri brings her clear, proven, and repeatable step-by-step “recipes” for attracting ideal luxury clients along with her overreaching attitude of gratitude, abundance, beauty, and joy for creating long-lasting and meaningful success, to a growing audience of interior designers each week. In 2009, Terri created the Interior Design Business Academy – an education and coaching resource that provides a unique mix of business strategies and systems along with powerful positive mindset practices to help interior designers create meaningful success. Over the past 10+ years, Terri has coached hundreds of designers to grow their businesses to 6- and 7-figures with grace and ease. She’s known as a straight-talking ‘technical expert’ when it comes to streamlining your design business. Her value-packed events and coaching programs are all designed to move you and your design business to whole new levels of getting paid what you deserve. Terri connects with heart-centered designers to help grow their business strategy, accountability, and profitability - all while undergoing a beautiful personal transformation. Connect with Terri Taylor Website Podcast Terri's FREE training webinar “Own that Remodeling Job and Get Paid what You are Worth” taking place live on March 31, April 3 and April 5 at 12pm ET Instagram Facebook Other Shows Mentioned: #548: Terri Taylor: Calculating Flat Fees & Budgets #602: Terri Taylor: Interior Design Business Academy 2020 Summit #662: Power Talk Friday: Terri Taylor- Stepping Into Profitable Kitchen Remodels. Sponsored Show: Interior Design Business Academy #710: Power Talk Friday: Terri Taylor- Get Paid What You Are Worth. Sponsored By Interior Design Business Academy Summit 2021 #763: Power Talk Friday: Terri Taylor- The Real Deal and Charging Your Worth #813: Power Talk Friday: Terri Taylor- Design Fees VS Hourly Billing- What Are Flat Fees the Way to Go? #829: Power Talk Friday: Terri Taylor- Fly the Plane While You Build It! A Big Thank You to Today's Sponsor: Today’s show is sponsored by Terri Taylor and The Interior Design Business Academy. Check out all the details on https://interiordesignbusinessacademy.com/