Q&A: Any ideas for an architect trying to change business models?

Notes from Chris

Episode 1309

Today’s caller is an experienced architect hoping to make a change. He still wants to use his professional skills, but in a way that doesn’t rely on trading time for money. What should he consider?

This is a good example of someone considering how to go from being paid an hourly wage to an unlimited wage.

You might think, hey, this is a good hourly wage—but it’s ultimately still trading time for money. You might be okay with that some of the time, but wouldn’t it be great to also be making passive income?

"Hey, Chris, this is Mike Clough from Buth Bay, Maine. I found your show after buying the Money Tree book. I really love what you're doing. I'm an architectural drafter and I've been designing and drawing for over 30 years. I draw construction plans for new homes. Cool rustic barns, as well as a lot of kitchen and bath as well as closet remodel projects. I draw using CAD software and I work independently for a handful of architects, custom builders and homeowners. I'm thinking about starting the side hustle and here's why. I currently trade my billable hours for dollars and need better leverage for my financial future. I don't have or really want employees.

So my question is what ideas would you have for me to offer a service or a product that would allow me to leverage my skillset in a new and better way? Any thoughts you have would be appreciated."

Listen to today's episode to learn more...

 

 

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• Revenge of Bat Houses: There’s More Than One Seller!: A side hustling “Batman” earns $20,000 per year building a new kind of bat cave.

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,