Speaker:

In 2010, I decided I would start my own business.

Speaker:

And architectural design side hustle.

Speaker:

But how did I start it?

Speaker:

And why would anyone start a side hustle when they already had a full-time

Speaker:

job in an architecture practice?

Speaker:

That's exactly what I'm going to cover in this episode of

Speaker:

architecture business club.

Speaker:

The weekly podcast for solo and small firm architecture practice owners,

Speaker:

just like you who want to build a profitable future proof architecture

Speaker:

business that fits around their life.

Speaker:

I'm the host, John Clayton.

Speaker:

And if you want to get notified, when I release a new episode and

Speaker:

gang access to free resources and exclusive offers, then go to Mr.

Speaker:

John clayton.co.uk forward slash ABC.

Speaker:

And sign up to my free weekly email newsletter.

Speaker:

Now let's discuss side hustle, architecture.

Speaker:

Hey everyone.

Speaker:

It's John.

Speaker:

In today's episode, we're going to talk about side hustle, architecture.

Speaker:

So.

Speaker:

A good place to start is what is a side hustle?

Speaker:

So side hustle.

Speaker:

If you've not heard that term before.

Speaker:

Is usually an extra job that you do outside of your usual job.

Speaker:

Or a small business that you run outside of your usual job that you're doing.

Speaker:

Day-to-day.

Speaker:

Or a way of making extra money on top of your usual salary.

Speaker:

So why did I start my own architectural design side hustle?

Speaker:

There's a few different reasons.

Speaker:

Firstly I'd recently been made redundant.

Speaker:

And I felt I had less job security.

Speaker:

I think up to that point, I'd always felt like I had a very secure job

Speaker:

and every practice I'd worked high, it felt like it was a job for life.

Speaker:

And that feeling went away.

Speaker:

I suddenly felt like, geez.

Speaker:

This is this isn't a job for life.

Speaker:

You know, I haven't got the same security that I had before.

Speaker:

What can I do about that?

Speaker:

The other thing was the IDE.

Speaker:

I'd always loved to travel.

Speaker:

I'd previously spent long periods of time backpacking traveling the world.

Speaker:

Uh, I also had started a family and my wife's family lived on

Speaker:

the opposite side of the country.

Speaker:

So we were somewhat divided.

Speaker:

The, the idea of creating.

Speaker:

An aligned business, which was my original idea.

Speaker:

One that was location.

Speaker:

Independent, really appeal to me.

Speaker:

And I thought that that would fit in really well, wherever my

Speaker:

family and I lived in the future.

Speaker:

That that would still work for us and provide for us.

Speaker:

And at that point, We needed extra money.

Speaker:

I'd bought a house.

Speaker:

Um, recently, uh, first, first home together, we had a mortgage.

Speaker:

We had an 18 month old daughter who has a lot of bills to pay every month.

Speaker:

And at the time, it just wasn't possible to progress any further at the practice

Speaker:

that I was currently working on.

Speaker:

And to get that pay rise that I really needed.

Speaker:

I should just add there that after I'd been made redundant, I did

Speaker:

manage to find a job relatively quickly under the practice.

Speaker:

And this is, this is the point when this journey of starting

Speaker:

the side hustle really begun.

Speaker:

So how did I start my side hustle?

Speaker:

I should caveat.

Speaker:

This is not necessarily the way I'd recommend you.

Speaker:

Start your side.

Speaker:

Hustle is just sharing my own experience.

Speaker:

One of the first things I did.

Speaker:

I had a friend who was a business owner.

Speaker:

He run his own digital marketing agency.

Speaker:

So that's a business that creates websites, created company brands

Speaker:

and helped people with paid advertising, all that sort of stuff.

Speaker:

So I went to him.

Speaker:

And I said, I'm thinking of starting this business and I

Speaker:

know I'm going to need a website.

Speaker:

Can I kind of get some advice from you?

Speaker:

And he put me in touch with a regional growth hub.

Speaker:

That was part of a local council that supported startup businesses.

Speaker:

I gave them a call.

Speaker:

I went and met with a mentor, had a free meeting with a mentor that

Speaker:

was part of that organization.

Speaker:

And he listened to what I had to say.

Speaker:

And he gave me some advice.

Speaker:

And when I went away from that meeting, He'd given me a workbook that I could use.

Speaker:

And in this workbook, there were resources in this workbook to

Speaker:

help you write a business plan.

Speaker:

I'd never written a business plan before I had no idea you even needed

Speaker:

a business plan to start a business.

Speaker:

So I took that workbook away.

Speaker:

And I thought I'm going to work on that.

Speaker:

And I also discovered the possibility of grunt funding that was available,

Speaker:

that actually for startups.

Speaker:

Often there is money that's available.

Speaker:

You can get grants, you can get free money to help you to start your business.

Speaker:

Often it's much funded.

Speaker:

And in this case, they said, if you start this business, Send

Speaker:

us your viable business plan.

Speaker:

We'll take a look at it.

Speaker:

We'll look at the stock costs and you know, if you're going

Speaker:

to need that new website.

Speaker:

We'll fund 50% of the costs.

Speaker:

So this was amazing.

Speaker:

This was amazing for me.

Speaker:

So I left really motivated.

Speaker:

I went home and I started working through this business plan

Speaker:

workbook that I'd been given.

Speaker:

To map out what my business goals would be, what my business objectives were.

Speaker:

Or products and services.

Speaker:

What I sell.

Speaker:

What would be my USP.

Speaker:

Um, I did competitor research too.

Speaker:

Look at who else was working in the industry that I'd be competing against.

Speaker:

And considered how I would manage and operate this business.

Speaker:

And also did some initial financial forecast and considered the potential

Speaker:

risks of this new business venture.

Speaker:

My dad was a small business owner and he recommended, I spoke to his accountant.

Speaker:

They offered a free initial consultation.

Speaker:

Um, so I went along, I had a chat with them about accounting, which again,

Speaker:

I knew absolutely nothing about, and I decided that I'd employ them as my

Speaker:

accountants, when I got started up.

Speaker:

I also set up a separate business bank account.

Speaker:

And the bank's business managers strongly recommended are used bookkeeping software.

Speaker:

To manage my day-to-day finances.

Speaker:

I decided I start trading as a sole trader as I expected

Speaker:

turnover to be very low to begin.

Speaker:

So this made sense to me.

Speaker:

But I also registered a limited company at the same time.

Speaker:

Using an easy online company set up service.

Speaker:

To protect the trading name.

Speaker:

If I decided to use it in the future.

Speaker:

I'm tended to, I would leave the company dormant until it was time if ever.

Speaker:

It became time to switch from being a sole trader.

Speaker:

To running a limited company.

Speaker:

But my perfectionism had really started to creep in and nine months had passed by and

Speaker:

I'd still not finished my business plan.

Speaker:

Let alone started my side hustle.

Speaker:

And if I didn't finish my business plan, I wouldn't be able to

Speaker:

apply for the 50% match funding to cover my website, bill costs.

Speaker:

So I was starting to worry.

Speaker:

I was starting to think.

Speaker:

Is this business ever going to get started?

Speaker:

Am I ever going to finish this business plan?

Speaker:

What can I do to just get over my perfectionism?

Speaker:

And get this thing started.

Jon Clayton:

Remember, don't forget to subscribe to my

Jon Clayton:

free weekly email newsletter.

Jon Clayton:

You can do that at mrjonclayton.co.uk/abc.

Jon Clayton:

And if you are enjoying this episode then please visit podchaser.com,

Jon Clayton:

search for Architecture Business Club and leave a five star review.

Jon Clayton:

Now, back to the show.

Jon Clayton:

And then something happened.

Jon Clayton:

I, I spoke to my friends.

Jon Clayton:

Uh, from the digital marketing agency and he said, John, You're

Jon Clayton:

a good friend of mine and look.

Jon Clayton:

If this is holding you back, like we can do you a deal.

Jon Clayton:

We can do you a great deal.

Jon Clayton:

It's going to bring your website cost down to a quarter.

Jon Clayton:

Of what we'd normally charge our clients.

Jon Clayton:

So he said, look, just, don't worry about applying for this grant.

Jon Clayton:

This is going to be much quicker and cheaper for you

Jon Clayton:

and your business plan is good.

Jon Clayton:

Enough is good enough to get started.

Jon Clayton:

So that's sat me on my way.

Jon Clayton:

The next thing I thought of was, well, I feel a little bit uncomfortable

Jon Clayton:

about this idea of having a side hustle while I work at this practice.

Jon Clayton:

So I actually went to work and I spoke to my employer.

Jon Clayton:

Which actually many people don't do when they start a side hustle.

Jon Clayton:

But I did, I went to speak to one of the directors of the practice.

Jon Clayton:

Unexplained exactly what I had in mind, uh, why I was thinking of doing it.

Jon Clayton:

And surprisingly, they said.

Jon Clayton:

John, as long as there's no conflict of interests and it doesn't

Jon Clayton:

affect your work at the practice.

Jon Clayton:

What you do in your own time is up to you.

Jon Clayton:

We, we don't mind if you want to go and start this side hustle business.

Jon Clayton:

So I felt much more comfortable starting my side hustle, knowing

Jon Clayton:

that I had that blessing.

Jon Clayton:

So instructed the digital agency to build my websites.

Jon Clayton:

I contacted an insurance broker to get a quote for

Jon Clayton:

professional indemnity insurance.

Jon Clayton:

I also contacted a local business center.

Jon Clayton:

I discovered the offered a low cost virtual office service.

Jon Clayton:

So virtual office service, this offered things like.

Jon Clayton:

Uh, fit well, a mailing address.

Jon Clayton:

So it's like a virtual address for your business so that you can, you know,

Jon Clayton:

use that address in your marketing.

Jon Clayton:

You can put it in business listings, that sort of thing.

Jon Clayton:

So it anchors your business geographically somewhere.

Jon Clayton:

They also set me up with a phone number, with call answering.

Jon Clayton:

It was a local number.

Jon Clayton:

So if people made inquiries, they could phone that number and a receptionist

Jon Clayton:

would answer the call for me on my behalf.

Jon Clayton:

So this was absolutely perfect.

Jon Clayton:

It meant that while I was working at the practice.

Jon Clayton:

Somebody else, who's going to answer my calls for me and the

Jon Clayton:

even offered mail forwarding.

Jon Clayton:

So when letters came in, I could either choose to go into that business center

Jon Clayton:

and pick the letters up, or I can ask them just to forward them to my home address.

Jon Clayton:

So this was just a really quick and easy way, and it was

Jon Clayton:

relatively inexpensive as well.

Jon Clayton:

To be able to just start off and have, um, a proper kind

Jon Clayton:

of presence for this business.

Jon Clayton:

As soon as the website went live, I set up listings on free online

Jon Clayton:

business directories, like yell.

Jon Clayton:

Thomson local free index and also in what was Google my business,

Jon Clayton:

which is now just Google maps.

Jon Clayton:

So I set up all of those business listings.

Jon Clayton:

And then I went back to my day job.

Jon Clayton:

And I waited for the inquiries to start coming in.

Jon Clayton:

So, is there anything else that I'd have done differently?

Jon Clayton:

Absolutely.

Jon Clayton:

There is loads of stuff that I would have done differently.

Jon Clayton:

I think one of the key things is I would have actually stuck more

Jon Clayton:

to my original business plan.

Jon Clayton:

And focused on building a team to grow my business.

Jon Clayton:

If I done that, I'd be in a much better position today.

Jon Clayton:

Instead.

Jon Clayton:

I fell into the trap that most startups do of trying to do everything myself.

Jon Clayton:

So few things to consider.

Jon Clayton:

If you're thinking about starting your own architecture side hustle.

Jon Clayton:

I would ask yourself a few questions I would consider, why are you doing it?

Jon Clayton:

What is your motivation?

Jon Clayton:

What are the reasons.

Jon Clayton:

And are they right?

Jon Clayton:

Are they the right reasons for starting an architecture side hustle?

Jon Clayton:

Do you always want it to be a site or soul?

Jon Clayton:

What do you want to grow it into a bigger business?

Jon Clayton:

Because this might affect how you decide to design it.

Jon Clayton:

And there could also be a conflict of interest with your current employer.

Jon Clayton:

So think about how you could design your side hustle in

Jon Clayton:

such a way to mitigate that.

Jon Clayton:

Could your side hustle even compliment or help your current architectural practice?

Jon Clayton:

For example?

Jon Clayton:

By sending the inquiries that you can't handle to them, perhaps if

Jon Clayton:

you've got an inquiry from somebody.

Jon Clayton:

Uh, that was looking to do a big projects that was outside of your.

Jon Clayton:

Um, area of expertise or was just too big for you to handle as a side hustle.

Jon Clayton:

Could you send that.

Jon Clayton:

To your current practice and help them out too.

Jon Clayton:

I'd also ask yourself, do you have enough time and energy to run a side hustle?

Jon Clayton:

It's a lot of extra work you're already working, you know?

Jon Clayton:

37 40 hours plus a week.

Jon Clayton:

Have you honestly got enough time and energy?

Jon Clayton:

To put in the extra hours that are required, not just to start this

Jon Clayton:

business, but keep it running.

Jon Clayton:

And what would you do if your side hustle grows more quickly than you expected?

Jon Clayton:

Or takes up more of your time.

Jon Clayton:

Dan you thoughts?

Jon Clayton:

So what would be your contingency plans?

Jon Clayton:

So it's one or two suggestions.

Jon Clayton:

If you're thinking about starting a side hustle, I think be clear

Jon Clayton:

about who you want to serve and how you're going to help them.

Jon Clayton:

Find a niche.

Jon Clayton:

You can still take on a variety of projects, but it can help you

Jon Clayton:

to stand out amongst the crowd.

Jon Clayton:

And allows you to get more of the types of inquiries that you really want.

Jon Clayton:

Also do you write a business plan?

Jon Clayton:

You don't need to take nearly a year to write it.

Jon Clayton:

Like I did.

Jon Clayton:

But something simple is better than nothing at all.

Jon Clayton:

And there's lots of templates and guides available online.

Jon Clayton:

I recommend you do your due diligence.

Jon Clayton:

You might just want to design stuff.

Jon Clayton:

But you need to make sure that the foundations are in place too.

Jon Clayton:

So contact your bank about a business bank account.

Jon Clayton:

Talk to an accountant, talk to an insurance broker.

Jon Clayton:

If you're a member of a professional organization, like

Jon Clayton:

our IBA or CIAT, talk to them too, because they are there to help.

Jon Clayton:

And also don't forget your peers.

Jon Clayton:

If you've got friends who work in the industry, perhaps run their own

Jon Clayton:

practice, ask them for advice too.

Jon Clayton:

It may be absolutely invaluable.

Jon Clayton:

I'll talk more about running my side hustle and what happened

Jon Clayton:

to me in a future episode.

Jon Clayton:

Next time, I'll be talking to an award-winning social media

Jon Clayton:

trainer and strategist, Sarah Clay.

Jon Clayton:

About how architecture practices can leverage LinkedIn to

Jon Clayton:

accelerate business growth.

Jon Clayton:

Thanks so much for listening to this episode

Jon Clayton:

of Architecture Business Club.

Jon Clayton:

If you liked this episode, think other people might enjoy it.

Jon Clayton:

Or just want to show your support, then please visit podchaser.com.

Jon Clayton:

Search for Architecture Business Club and leave a glowing five-star review.

Jon Clayton:

It would mean so much to me and makes it easier for new

Jon Clayton:

listeners to discover the show.

Jon Clayton:

If you just want to connect with me, you can do that on most social media

Jon Clayton:

platforms, just search for @mrjonclayton.

Jon Clayton:

The best place to connect with me online though is on LinkedIn.

Jon Clayton:

You can find a link to my profile in the show notes.

Jon Clayton:

Remember running your architecture business doesn't have to be hard.

Jon Clayton:

And you don't need to do it alone.

Jon Clayton:

This is Architecture Business Club.