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
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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.
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Jon Clayton:It would mean so much to me and makes it easier for new
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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.