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Eric W. Reinholdt - Architect and Entrepreneur: A Field Guide to Building, Branding, and Marketing Your Startup Design Business

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Architect and Entrepreneur: A Field Guide to Building, Branding, and Marketing Your Startup Design Business: summary, description and annotation

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Part narrative, part business book; Architect + Entrepreneur is filled with contemporary, relevant, fresh tips and advice, from a seasoned professional architect building a new business. The guide advocates novel strategies and tools that merge entrepreneurship with the practice of architecture and interior design. The Problem: Embarking on a new business venture is intimidating; you have questions. But many of the resources available to help entrepreneur architects and interior designers start their design business lack timeliness and relevance. Most are geared toward building colossal firms like SOM and Gensler using outdated methods and old business models. If youre an individual or small team contemplating starting a design business, this is your field guide; crafted to inspire action. The Solution: Using the lean startup methodology to create a minimum viable product, the handbook encourages successive small wins that support a broader vision enabling one to, think big, start small, and learn fast. Its a unique take on design practice viewed through the lens of entrepreneurship and is designed to answer the questions all new business owners face, from the rote to the existential. Questions about: - Startup costs - Business models (old and new) - Marriage of business and design - Mindset - Branding & naming (exercises and ideas) - Internet marketing strategies - Passive income ideas - Setting your fee - Taxes - Standard Operating Procedures (SOPs) - Securing the work - Client relations - Software - Billing rates - Contracts Building a business isnt a singular act; its a series of small steps. Using the outline found in Architect + Entrepreneur you can start today. The chapters are organized to guide you from idea to action. Rather than write a business plan youll be challenged to craft a brand and youll sell it using new technologies. Follow the guide sequentially and youll have both the tools and a profitable small business.

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Architect

+

Entrepreneur

A Field Guide to

Building, Branding, and Marketing

Your Startup Design Business

Eric W. Reinholdt

30X40 Design Workshop

Mount Desert Island, Maine

All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, please contact the author at the address below.

30X40 Design Workshop

12 Brendun Lane

Mount Desert, Maine 04660

http://thirtybyforty.com

DISCLAIMER

Although the author has made every effort to ensure that the information in this eBook was correct at press time, the author does not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause. The author does not represent, warrant, undertake or guarantee: that the information in the eBook is correct, accurate, or complete; or that the use of the guidance in the eBook will lead to any particular outcome or result. The author of this eBook is not affiliated with any official source for the subjects of this eBook. The author does not represent any company mentioned in the text or its affiliates and no infringement of trademark is intended.

Copyright 2015 by Eric W. Reinholdt

I hope this book inspires you to begin building your design business - today.

If you have questions or need help, feel free to get in touch.

Cheers, Eric Reinholdt

http://thirtybyforty.com

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TABLE OF CONTENTS

Introduction

Think big, start small, learn fast. Eric Ries

Opening my business has been the best career decision of my life. Ive written this book as the handbook I was seeking when I transitioned from employee to founder. I hope it inspires you to create your own path.

Before opening 30X40 Design Workshop , I was searching for a recipe for starting an architecture business. I wanted specifics, a checklist; a step-by-step instruction list to parcel out the monumental into the manageable. I wanted a framework that I could plug into when I had free time - in the early mornings, during my lunch break, and in the evenings.

But I couldnt find one.

The AIA (American Institute of Architects) publications were uninspired and outdated. The Handbook for Professional Practice and Architects Essentials of Starting a Design Firm each read like contracts. They were primarily written for those intending to build colossal firms, not a sole proprietor building a business in the 21 st century. I found myself laughing at some of the antiquated advice about marketing and software, including a recommendation for PaintShop Pro? Really?

I had questions, probably the same questions you have. I wanted to understand how to interview, what kind of website to build, what software I needed, how to structure my contract and how to get paid. What were the real-world business situations I would face?

If youve been searching for similar practical information, this book is your field guide.

My career in architecture has followed the well-worn path of many architects before me; from professional degree to internship to licensure and on to practice. I graduated with a Bachelor of Architecture in 1996 and pursued design work, at varying scales, throughout New England schools, health care facilities, civic institutions and private homes. Most of my working life was spent in a conventional 8am 5pm (quite often much later) studio environment.

I commuted an hour each way, every day and with every job I held. I completed time sheets accounting for my every sixth minute (1/10th of an hour) of billable time. I had always worked for someone else and was rewarded for my loyalty every two weeks with a paycheck. It felt like a stable existence.

Still, I longed for something different. I wanted my own practice. But that was an idea reserved for an indeterminate time far in the future, a time when there was plenty of work and when I was ready. I treated this idea as sacred, it was one that I kept like a trophy on a shelf, where I could pick it up and dust it off occasionally. Every time I entertained the thought that part inside me thats wired for survival and protection -- what Seth Godin calls the Lizard Brain --protested and logically advised me not to.

I found that discussing the idea with friends or family was far easier than actually executing and delivering on the promise. Discussing it, in a way, felt as if I had already done it. Announcing it to others without any sort of accountability satisfied the desire without demanding action.

Id like to have more work lined up before I make a go of it. Probably next year, I would say.

Of course, the next year would arrive, my salary would be slightly higher, my children would be one year closer to college and Id be committed to another design project in the office that Id want to see finished.

Does this sound familiar? Are you this architect or designer?

In early 2013, on the cusp of turning forty, my dream job designing high-end homes on the coast of Maine was facing uncertain times. My employer had cut office salaries by 20% and gave us the choice of working for no pay on Fridays or pursuing outside work on those days. I once again picked up that precious trophy, dusted it off, listened to the protests of my lizard brain and this time, I ignored them. I knew this was my chance to get started building something I could call my own and a business capable of supporting my family.

The process of designing architecture, working with clients and building buildings, that was familiar territory. I knew I could do the work, but at the time I knew next to nothing about operating a business. So I read. I began with the AIA (American Institute of Architects) Architects Essentials and The Handbook for Professional Practice. But they seemed to describe a historic past. I was looking for a handbook I could reference when I had a question.

I turned to online resources, blogs, forums and articles and found a group of young professionals grappling with the same problems. The information I discovered there was timely and based on real experiences. These were individuals designing practices like I was from nothing and succeeding. I read case studies, listened to podcasts, corresponded with pros who made the leap before me, studied business plans, made lists, sketched out weighted average decision matrices, pondered, and researched some more. Every time I found new information I felt as though I had just scraped the surface of what was available. I had so much more to learn.

Research paralysis is common; its also a subconscious delay tactic. It keeps us safely in the harbor when we need to be fishing. Reading and researching about how to open a design practice is a necessary part of the process. Following others who have built successful businesses too. But as I look back, I can tell you that theres just no substitute for that important first leap. Reading about it can be reassuring, but stepping out is required . One cant possibly know all the questions one needs to ask when sitting in the relative comfort of a salaried job.

The experience of sole practice has taught me what no amount of research ever could have. The truth is theres nothing you can do to escape the labor in front of you when you set out on your own. Building a business is hard work. Youre investing in an unknown asset, giving it form; shaping it from nothing. Crafting a brand and a business to support you will probably count among the most difficult things youve done in your life; it will also be one of the most rewarding.

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