Designers Stories
Megan Siason
Now, I’m consistently signing on projects with flat fees of a minimum of $10,000, and this year, I’m just under the $200k mark.
M Studio Interior Design – Megan Siason
San Diego, CA
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Background
I started my business back in 2015, and back then, I charged an hourly rate of $75, which I thought was top dollar. I worked out of my home and learned the ropes of what it was like to be a business owner.
Fast forward to 2017, and nothing had really changed. I had some great clients and wonderful projects under my belt, but my income wasn’t where it should have been.
Working with Interior Design Business Academy
When I joined Terri’s program, I realized the hourly rate wasn’t working. So, the first thing I did was switch from charging hourly to a flat fee. It allowed me to gain greater control in charging my clients. It also saved me time and helped me to better manage my cash flow.
I also implemented internal processes that I learned from IDBA. I put a structure in place that details my process from start to finish, especially how I create my design proposals.
Results
My personal life has shifted. I don’t feel guilty if I don’t answer emails or text messages in the middle of the night, and I’ve been able to create greater boundaries between my work and personal life.
My freedom is a result of going through the mindset and strategic workshops with Terri. I learned how to cultivate a dedicated team that supports my business, and I’ve moved from working from home and into a dedicated office space.
When I joined IDBA, I was making about $80-$90k. Now, I’m consistently signing on projects with flat fees of a minimum of $10,000, and this year, I’m just under the $200k mark.
I recommend working with Terri as she’s inspired, impacted, and motivated a lot of other designers to be the best versions of themselves. Everybody has the ability and capacity to do so. It’s just a matter of breaking through certain obstacles and getting through those hurdles to find it.