Questions

I’m a residential architect looking to start on my own with a small and flexible studio (with today’s tech I can put together a team when and if needed without having a fixed structure). My focus/expertise is designing modern vacation homes for overseas clients. Without tracking record how can I sell my value to clients? Should I focus on the end-user or in the realtor? (Every single business passes through a realtor) Also, to stay small I need to find different sources of incomes (other than exchanging money for time). Can a “store” of floor plans or a collection of pre-made designs (For those who don't have the time to invest in a custom design tailored to their site and program) be a good source of income? Does it bring value to the business or the opposite? I’m truly open to ideas to generate great revenue and that don’t need my work constantly, allowing myself to focus on premium projects and on a better time management to balance work-family-friends.

To be successful and keep your business small, have a written plan. Without a plan, it is merely a dream. It does not have to be a book, but you need a few pages outlining specific objectives, strategies, financing, a sales and marketing plan, and a determination of the cash you need to get things done. Writing it all down is a crucial first step.
Do not marry your plan. Every great military general in history has known that even the best-laid plan sometimes must be thrown in the fire when the bullets start flying. Adjust, confront and conquer.
Keep your ego in check and listen to others. Advisors are crucial because you need people to bounce ideas off, inspect what you're doing, and push you to greater accomplishments, holding you accountable for what you are committing to do. Always be good to your word and follow through on commitments, even when difficult and challenging. This is not about you; it is about the business. Do not take things personally and stay out of emotion. Do not let your ego take control.
Keep track of everything and manage by the numbers. Create written systems for everything because you will reap benefits from them later. This is how you train your employees and retain consistency. Know your numbers and check them daily and make all decisions based on what they tell you.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered 3 years ago

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