Breaking Through to Seven Figures: A Candid Conversation About Business Growth
Whether you're running a six-figure interior design firm aiming for seven figures or just thinking about launching your own business, this conversation is for you. We’ll tackle key skills and habits every business owner needs to break through that elusive seven-figure mark. Finances can be scary, but today we’re discussing how to overcome that fear and push your business to the next level.
Mastering Your Business:
As creatives, we love to design, but we often overlook the business side. Today, we’re focusing on the fundamentals of growing your business. It’s perfectly fine to be in business to make money—unapologetically. Recently, a client confessed that they had treated design as a hobby for too long and were ready to get serious about making money. It’s a critical turning point we all need to reach.
Running a business is a lot like becoming a parent—you just have to figure it out. You can’t rely solely on others to handle the critical aspects of your business, especially finances. Reviewing four key reports weekly—accounts payable, accounts receivable, cash flow, and profit and loss—is essential to staying on top of your business’s health.
Breaking Through to Seven Figures:
So, what’s holding you back from seven figures? The biggest obstacles are often processes, letting go, and people. As your business grows, you have to trust others to take on key responsibilities. It’s crucial to have the right processes in place and hire people who are better at certain tasks than you are. This is how you scale effectively.
Finding balance is key—you need to guide your team without micromanaging. Trust your intuition, focus on your strengths, and delegate the rest. As your business grows, let go of what others can handle so you can focus on what truly matters to you.
Remember, your business is not you—it’s a separate entity. If you’re feeling overwhelmed, consider booking a Strategy Session with me to help you make your business more profitable and give you back your life. Get your business working for you, and build the life you want.
If you want to listen to my full episode on this topic, you can on our podcast Success by Design. Now, go out there and make those seven figures happen!
I’m a commercial exterior and interior designer with an MBA and nearly 20 years in the industry. When I’m not leading my coast-to-coast, multi-million dollar firm, I love sharing real talk on the business of design, blending insights from 20 years as a business professor. I keep it honest—balancing work and chasing my two girls around.
Coming Soon!
We’re excited to offer even more access to Katie Decker-Erickson! With Katie's new premium channel, you’ll enjoy ad-free episodes of Success by Design and exclusive Strategy Sessions that dive deeper into actionable insights for growing your interior design business. Subscribe now to get fresh, uninterrupted content every week—and enjoy two free months with an annual subscription!
Breaking Through to Seven Figures: A Candid Conversation About Business Growth
Whether you're running a six-figure interior design firm aiming for seven figures or just thinking about launching your own business, this conversation is for you. We’ll tackle key skills and habits every business owner needs to break through that elusive seven-figure mark. Finances can be scary, but today we’re discussing how to overcome that fear and push your business to the next level.
Mastering Your Business:
As creatives, we love to design, but we often overlook the business side. Today, we’re focusing on the fundamentals of growing your business. It’s perfectly fine to be in business to make money—unapologetically. Recently, a client confessed that they had treated design as a hobby for too long and were ready to get serious about making money. It’s a critical turning point we all need to reach.
Running a business is a lot like becoming a parent—you just have to figure it out. You can’t rely solely on others to handle the critical aspects of your business, especially finances. Reviewing four key reports weekly—accounts payable, accounts receivable, cash flow, and profit and loss—is essential to staying on top of your business’s health.
Breaking Through to Seven Figures:
So, what’s holding you back from seven figures? The biggest obstacles are often processes, letting go, and people. As your business grows, you have to trust others to take on key responsibilities. It’s crucial to have the right processes in place and hire people who are better at certain tasks than you are. This is how you scale effectively.
Finding balance is key—you need to guide your team without micromanaging. Trust your intuition, focus on your strengths, and delegate the rest. As your business grows, let go of what others can handle so you can focus on what truly matters to you.
Remember, your business is not you—it’s a separate entity. If you’re feeling overwhelmed, consider booking a Strategy Session with me to help you make your business more profitable and give you back your life. Get your business working for you, and build the life you want.
If you want to listen to my full episode on this topic, you can on our podcast Success by Design. Now, go out there and make those seven figures happen!
Here's What listeners Are saying...
insightful conversations & super RELATABLE!
Excited for a podcast directed towards interior designers that covers the business and creative mindsets needed to run a successful firm. Throwing in life balance to every conversation makes this super relatable. Great conversations.
Colorful Conversations is like having a fun chat with your artsy friend who also knows how to create success! Katie's podcast is a must-listen for folks who love design and want to make money from their creative passions. She keeps you in the loop about the latest design trends while dropping priceless tips on turning your creativity into a successful business. Whether you're a design enthusiast or a budding entrepreneur, Katie's show is a goldmine of ideas and inspiration. So, tune in and get ready to blend style and success with her friendly and informative episodes – you won't want to miss it!
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