EP #4 What hourly rate should I charge in 2024? episode artwork

EPISODE · Oct 16, 2023 · 25 MIN

EP #4 What hourly rate should I charge in 2024?

from Turnkey Design Talk · host Adam Scougall

Let me ask you a question? As an interior designer or decorator, do you know what you should be charging your clients in 2024?In this episode, I’ll discuss with you the high, medium, and low tier and work out where you can confidently fit in in 2024 and after.Who is this show for?  This show really is for mid-career aspiring interior design or decorating solopreneurs that need support in building their own interior design business whilst working 9 to 5. My aim is to help you balance your time and make more money whilst being able to choose the projects you want to work on rather than ones you must take to pay your billsBut first, whether you are just checking if you are the right fit for a new career in design, or wondering how you can improve what's going on in your current design career*Take the quiz over at soyouwanttobeaninteriordesigner.tv/quiz Ok, Lets cover the 3 tiers and work out where you should fit in hereQ 1- Tier 1 -low·       Have you just come out of design school? ·       Have you minimal to no documented body of work [i.e., photographs, testimonials] that substantiate your experience?·       Do you have an issue with confidence and feel that you may flounder/apologise more if you charge higher than keeping it low?Q 2- Tier 2- mid·       You now have several projects catalogues, website, and social proof of your work·       You’ve run several design jobs and understand how in-depth it is and not for the faint hearted.·       You are comfortable keeping it solo, or are hiring out for the basics, such as bookkeeping and accounting.Q 3- Tier 3 -high·       Several years of experience and are now working from an external location·       You have staff and need to ensure that all overheads are covered, such as sick/paid leave, insurances etc·       You have a public profile that substantiates your ability to command higher rates and you feel confident that you sit in the realm of the top design echelon you see on TV or magazines.*Take the quiz over at soyouwanttobeaninteriordesigner.tv/quiz Wondering if you're charging enough?Download my free Solo Designer Profit Guide™ and discover what interior designers are charging in 2026 based on 50+ research interviews across Australia, Canada and the USA. You'll also learn how to calculate the hourly rate YOU need to charge based on your own business, projects and financial goals—not someone else's.Download your free copy:turnkeydesignsuccess.com/profitguide If this episode raised questions for you, or you’re feeling stuck in your solo design business, you don’t have to figure it out on your own.I offer a 30-minute clarity session where we can talk through where you’re at, what’s getting in the way, and whether I can help.Email me at [email protected]

Let me ask you a question? As an interior designer or decorator, do you know what you should be charging your clients in 2024? In this episode, I’ll discuss with you the high, medium, and low tier and work out where you can confidently fit in in 2024 and after. Who is this show for? This show really is for mid-career aspiring interior design or decorating solopreneurs that need support in building their own interior design business whilst working 9 to 5. My aim is to help you bala...

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EP #4 What hourly rate should I charge in 2024?

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This episode was published on October 16, 2023.

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Let me ask you a question? As an interior designer or decorator, do you know what you should be charging your clients in 2024?In this episode, I’ll discuss with you the high, medium, and low tier and work out where you can confidently fit in in 2024...

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