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299: Houzz Acquires Ivy- The Red Flags

299: Houzz Acquires Ivy- The Red Flags

FromA Well-Designed Business® | Interior Design Business Podcast


299: Houzz Acquires Ivy- The Red Flags

FromA Well-Designed Business® | Interior Design Business Podcast

ratings:
Length:
52 minutes
Released:
Feb 19, 2018
Format:
Podcast episode

Description

The interior design industry was recently rocked with the news that Houzz.com acquired IvyMark for a reported $30 to $40 million dollars. There have been panel discussions on Facebook Live and other podcasters have addressed it on their shows as well. These discussions have covered, among other things, the motivations of both the Ivy team and of Houzz.com, the ramifications of the purchase to the interior designers who are using the IVY platform and the ripples this news is making through our industry.   I agree wholeheartedly that all of these discussions are important and valid and they have been well addressed. But today I want to address the lessons we can learn from this situation and talk about how and why it is so important for us as business owners to understand how Ivy and Houzz might have avoided some of this significant backlash from the design community. It begins and ends with you as a business owner, your conduct, your philosophy and your leadership.
Released:
Feb 19, 2018
Format:
Podcast episode

Titles in the series (100)

In today's world being a talented interior designer isn't enough to ensure that you have a profitable and successful interior design business. Design school doesn't always teach you the critical business skills to be sure your interior design business be everything you imagined it would be! A Well Designed Business is here to fill in the gaps and give you real live business skills from some of the top interior designers. Your host, LuAnn Nigara shares her 35 years of success in the interior design industry, and she finds the most successful guests to share their interior design business best practices.