I’ve been in my firm for about five or so years now, and been out of uni for about 10. It’s a medium sized firm, not big or very well known but it does ok. The people are good and the architecture ranges between ‘bread and butter’ to innovative large projects. But always around this time of year, when you’re catching up with old friends and networking with new ones, there comes The Proposition Between Friends – should we quit our jobs and start our own company? Ohh it does sound good – the opportunity to do my own designs, and create the kind of company that I want to be working at. Sometimes I feel I am so restricted by the designs of the director that I don’t get a chance to use my skills. But it is of course also a quite confronting idea – what if I don’t get enough clients? How do I even fund a new business in the first place? And do I really want that responsibility?
So, in an effort to get more info about a pipe-dream, I thought I’d put it out to you, readers. If you’ve started your own firm, any tips, hints, recommendations to help me weigh up the options? Can you ‘ease’ yourself in to a new firm or do you really have to ‘cut and run’? Would it be practical to stay back and Admin a project, while starting a new one? And if you don’t have family nearby is there really any chance of getting clients? Is it best to start with residential? And then finally, what happened to your best mate friendship once you’ve decided to start a business together?
Would love to hear any of your thoughts, it’s a tough decision!