186. Let's Talk About Mistakes that Cost me the Most Money in my Design Business

Send us Fan MailThe mistakes that cost me the most money in my business were never the loud ones. Not the sofa that wouldn't fit through the door or the wrong paint colour on the wall. The expensive mistakes were the quiet ones, sitting in the business month after month, draining money and energy while I was too busy to notice. In this episode I'm sharing the five that cost me the most: scaling without a clear plan, ignoring recurring monthly expenses, hiring the wrong person or the wrong role, underpricing and never reviewing project profitability, and waiting far too long to build processes and ask for help. My hope is that you'll spot these patterns earlier than I did and skip a few years of learning them the hardest possible way.If any of these felt uncomfortably familiar, this is exactly the work we do inside The Profit Academy for Interior Designers, a six-week course opening this September. Join the waitlist on our website to be first through the doors. And if the show has helped you build a better business, a five-star rating and review on Apple Podcasts is a completely free way to support it and helps other designers find us.The Profit Reset Private Podcast | September 14-18, 2026A free 5-day private podcast limited series designed to help Interior Designers finally look at the business behind the beautiful spaces. Join the Profit Reset: https://www.theprofitacademyforinteriordesigners.com/profitresetBe sure to follow along on Instagram @thebusinessofbeautifulspaces + @thorntondesign to stay up to date on what we're talking about next week. If you love our podcast, please, please, please leave us a review. If you have any questions or topic ideas OR you wish to be a guest email us [email protected] or find us on instagram @thebusinessofbeautifulspacesLaura Thornton is the  principle designer of Thornton Design Inc, located in Kleinburg, ON.  Since founding the company in 1999, Laura has been committed to creating a new kind of interior design experience for her clients. Thornton Design is an experienced team of creative talents, focused on curating beautiful residential and commercial spaces in the Toronto, Ontario area and beyond. Now sharing all the years of experience with other interior designers to create a world of collaboration and less competition. The Business of Beautiful Spaces  I @thebusinessofbeautifulspacesThornton Design                                      I @thorntondesign