Developing an Entrepreneurial Mindset: Risk Is Opportunity
In previous EMI blogs, we discussed Thinking Big and Being Mindful as We Set Goals and Building Confidence Through Empathetic Stakeholder Engagement. I fully respect that managing these objectives with a myriad of associated voices can be distracting as we attempt to sustain growth. Sustaining growth, for our businesses and talent, is particularly difficult in the Architectural, […]
Creating Recurring Revenue for Increased Stability of a Small Firm
In the world of engineering, owning a business or even being self-employed often requires stepping outside of technical design and into new territories of bookkeeping, marketing, web design, payroll, invoicing, and a bevy of other tasks not normally taken on by engineers. In 2011, I realized I belonged to the former — the drive to […]
How to Start Your Own Engineering Practice
Starting your own engineering practice is a rewarding experience, giving you control over your career. While it requires adding a few more tools to your toolkit, with a bit of planning, you will be on your way to running a successful business.
Things You Need to Worry About When Running Your Own Engineering Business
Starting and running your own engineering business is always challenging. As many consultancies are small businesses, they face the same problems as similar ventures. 54% of SMB leaders have stated that acquiring talent is a problem. In the world of engineering businesses, this is just the first step in a myriad of things you […]
How to Think Like an Entrepreneur with this One Simple Step
When I started my engineering career, I worked hard to understand and apply engineering principles and processes required to prepare deliverables in a technically correct and efficient manner. I consider myself a good engineer. There was a time I believed the work should speak for itself. Being an introvert by nature, I don’t like to […]
Achieving Business Success as an Early Stage Entrepreneur
Following the unprecedented increase in the number of people turning to entrepreneurship, there’s no denying that owning a business is unusually appealing. It’s easy to understand what creates this feeling. Everyone wants some measure of freedom to be able to make their own independent decisions and run their own show, however, do you know a […]
5 Recommendations for How to Become a Successful Engineering Manager for Young Engineers with No Managerial Experience
Through providing career-coaching services to engineers, I know that the most common problem that developing engineers are trying to solve is how to become a successful engineering manager. After spending the early part of their engineering career becoming confident in their technical skills, many engineers are ready to take the steps required to become an […]
Engineering Econ 201 – Understanding Business
Engineers by-and-large have a bad rap when it comes to understanding business. That is, the art of using engineering skills to create value for others, and themselves. If you’re like I am, your first introduction to “business management” was the engineering economics course you took during your undergraduate program. In retrospect, that course did nothing […]
