How To Make Passive Income as an Architect with Eric Reinholdt
Автор: Business of Architecture
Загружено: 2016-11-23
Просмотров: 60585
Описание:
End chaos in your firm—300+ peers use this framework. Free video here: https://www.businessofarchitecture.co...
3 years ago, architect Eric Reinholdt started his residential architecture firm on a remote island off the coast of Maine. He faced the challenge of building a successful architecture firm, and winning the kind of projects he wants to work on while also living in a remote location.
Inspired by people like Pat Flynn and Tim Ferriss' book, the 4-hour Work Week, Eric knew that he wanted to build a business that wasn't 100% reliant on the number of hours he worked in a day.
Today, you get an in-depth look at how he's built a practice that combines passive income, products, and service offerings.
This information and more you can find in his new book, Architect + Entrepreneur Volume II, A How-to Guide for Innovating Practice: Tactics, Models, and Case Studies in Passive Income.
In today's show you'll discover:
How architect Eric Reinholdt gets multiple income streams to supplement his architecture firm income by selling products
Eric's exact step-by-step morning routine that helps him maximize his productivity and make a massive impact every day
The interesting insight Eric discovered when he began selling his floor plans online
You'll also discover how to approach your architecture practice strategically, use social media effectively, and much, much more.
00:00 Intro
02:22 Why Remote Architecture Firms Need Passive Income
04:44 From Service-Only to Products + Services Model
06:03 The Strategic Framework That Built My 3-Year Firm
08:41 My Daily 5AM Routine That Doubles Productivity
10:38 The $12,500 Plan Set That Took 200 Days to Sell
12:16 How One Failure Taught Me Everything About Pricing
14:28 From $2,500 Plan Sets to $12,500 Commissions
15:02 The Upsell Strategy That Transforms $500 into $12K
17:05 Why "Commoditizing" Architecture Actually Helps People
19:23 The 65/35 Revenue Split That Changed Everything
20:48 How Passive Income Built My Entire Studio
22:00 The Studio That Paid for Itself Through Products
25:07 Why Most Architects Can't Handle This Model
26:24 The Democratized Tools Myth That Stops Everyone
28:26 Making Your First $100: The 4-Step Framework
29:41 Why Volume 2 Is Your Tactical Implementation Guide
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