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I have known plenty of people that do it and make excellent money, and work with several regularly...both LA's and Designers. They all have a lot in common. They work in high-end markets and they are involved in projects from start to finish. NONE of them are making that kind of money doing $1000 designs. I will say this though... I think it has a lot less to do with how talented a designer you are and more to do with the relationships that you have or can establish. Are you in with the money crowd? They won't look in the yellow pages but they will ask thier friends and they will remember the designer they met at so and so's dinner party. How many high-end builders and architects can you get to refer you to clients? Those are the places that you can get reliable leads in the markets where you can make money and once you are established in those markets it will be a lot easier to stay there. I'm sure you could start from zero and work your way up by doing great work...but it would take time.
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