Starting an Engineering Firm: A Total Guide
There are many reasons why a lot of engineers choose to put up their own firm. If you nail the right strategy, there are no limits to your income potential. However, starting an engineering firm is not easy. In fact, 90% of startups fail.
Licensing an Engineering Firm and Facilitating Organic Growth
You want to grow your firm, yet when a prime opportunity arises in a new state, it’s not as simple as writing a proposal and jumping in. You have to consider the feasibility of licensing and registering your firm. Can you get a license in time to respond? Since licensing an engineering firm can take […]
Redefining Business Development for Engineering Professionals
How do you make business development easier for you and more accepting for your clients? How do you make those type of meetings valuable to both you and your client so that each party feels their time wasn’t wasted? You do this by redefining business development.
Tips to Engineer Your Leadership and Coaching Skills for Better Product Development
So, you have an awesome idea for a new technology for product development. This is the one. It’s going to make you a millionaire. Or so you think. The problem is, 90 percent of new startups fail, and a lack of collaboration is one of the reasons why. Sure, you want to take the credit […]
Climb Every Mountain: Great Song, Bad Strategy
If you’re like me, when it comes to things like growing your business and expanding your capabilities, your go-to position is, “Yes, we can!” It’s part of the sales personality: we think positive. Yet too much of that can-do, climb-every-mountain spirit can sap your teams, and eventually you’ll see the evidence in numbers like sales, […]
For Engineering Firms, It Takes More Than Talent to Win
You’ve got plenty of talent and depth on your bench, and your sales team is doing a great job putting together compelling proposals. Yet too often, your team is cut in the final round, or turned away before you’ve even had a chance to show what you’re capable of. If you’ve been in this business […]
5 Reasons Why an Entrepreneurial Mindset Is Essential for Business
Note from Founder: Hello this is Anthony Fasano, P.E., founder of the Engineering Management Institute (EMI). At EMI we are focused on helping engineers become more effective managers and leaders. In this post, guest author Johanna Cider talks about the importance an entrepreneurial mindset can have when growing a business. Well, I believe that […]
Process Optimization for Engineers: How to Simplify Processes Instead of Multitasking
Innovative engineers are deploying business process management (BPM) streamlining to increase organizational productivity. The technology is trending among corporate leaders, because it helps enterprises streamline and connect their operational processes. BPM implementation begins with evaluating corporate requirements. Based on these requirements, managers can develop a deployment strategy. Firms must select the right team members for […]
Your Ability to Facilitate New Business Development will Greatly Impact Your Engineering Career Development
When I talk to CEOs of engineering companies, I always ask them what they are looking for when they hire engineers, especially in this economy where they hire fewer than they used to. They all answer this question the same way: they reply that they are looking for engineers who do more than just engineering. […]
