Runcible Studios: How To Start Your Own Practice (w/ Marilyn Moedinger)
Architecture & Engineering Business Strategies
English - March 29, 2022 00:02 - 56 minutes - 130 MB - ★★★★★ - 4 ratingsDesign Arts Business Management architecture business management interview fireside chat best practice Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: SK Development: How To Manage A Development Pipeline (w/ Scott Shnay)
Not every architect should start their own practice. It comes down to how you want to spend your time. If you want to spend most of your time being an architect, don’t start a practice. Starting a practice requires you to spend time on business processes, marketing, sales, and most of all, thinking about money. From setting fees to planning for the future, there are many financial decisions you’ll have to make right from the start. In this Best Practice episode, Marilyn Moedinger, founder of Runcible Studios, shares her expertise on the money side of starting your own practice.
Interview Takeaways
Determine whether you should start a practiceDon’t lead with a sales pitchCrowdsource informationAccount for non-billable hoursChange to project feesShow them what they’re gettingPull the levers of efficiency and price raisesExperiment in the first 5 yearsKeep a cash reserveTalk money right awayShow Links
Connect with Marilyn Moedinger on LinkedIn or TwitterCheck out Runcible StudiosConnect with George Valdes on LinkedIn or TwitterConnect with Chris Morgan on LinkedIn Check out MonographFollow Monograph on LinkedIn or InstagramListen and read more about Monograph