They have some interesting stories. Engineering Struggles Just when you thought graduating and passing the licensure exam in the Philippines is the end of all your engineering challenges, wait ‘till you get into the world of employment! Press J to jump to the feed. I am going to talk to my husband and get his support. Don't let talkers tell you how you really need good talkers for an early stage company. Here are five best practices for launching a new engineering startup firm cultivated from various industry professionals: Tools. Hey! To which industries do you offer services? You literally can't afford it. New comments cannot be posted and votes cannot be cast. One important group of chemical engineers are consultants. I'm a Biomedical Engineer from Mexico, graduated Dic 2014. They are realists, and they all seem that way to some degree because they had to make a decision to be a guy who left the work-for-someone-else world and cultivate a sustainable business. I started at 1.5 people and it worked but wasn't sustainable work load wise. do you resell or do you make the stuff(wine, drugs)?? I left them 5 months ago and started my own electrical consulting firm. Prove yourself a hard worker, and I can promise you that it will pay off HUGE in the future. Choose a Field Of Specialization. I guess if you do start your own business I hope it's super successful and allows you to buy a variety of cool cars, if that's your thing. Posts both in English and Turkish are welcome. Video is increasingly core to how people want to connect, and as we continue to grow our community, we’re committed to providing the best possible tools users need to find, create, and interact with one another through video. I am pretty sure this can't be an accurate representation of all institutions, or any institution at all. May be these organizations can direct you to appropriate channels http://odtuteknokent.com.tr or http://www.yildizteknopark.com.tr. Spend time getting the right ones. Spend some money on market research if you don't want to lose money in the future. He had an entire room in his house dedicated to totes full of old license plates. Being an engineer in the Philippines isn’t as easy as many think it is. Recommended for you. Soup to nuts. This all sounds like being a dick. A civil engineering student working on the £32m King’s Dyke level crossing scheme has turned her work placement into a permanent job. I think you should contact someone with a degree in business administration or whomever's job it is to give investment advice. Engineers apply the knowledge of math & science to design and manufacture maintainable systems used to solve specific problems. Beyond engineering, I have adhered to this advice in my coaching and speaking career, as well as in life in general. Reddit is where passionate communities come together for authentic exchanges about the topics that matter to them. Now at 3 people but need to be 5 longer term. Key early employees will grow (and probably grow rich if successful) with the company. In recent years, costs for higher education have well outpaced the rate of inflation, and the MBA degree is no exception. Are there schools that focus on Aerospace sciences? You should check KOSGEB encouragements. Bu subreddit Türkiye ile ilgili haber ve sohbet ortamıdır. Sure, it’s okay to join a female engineering affinity group. so DON'T GIVE UP! Maintaining licenses and good standingthroughout their existing footprint presents further c… My next ventures will have more collaborators. One of my strengths is "winging it", which actually serves really well when you are forced to become an engineering entrepreneur and open your own engineering firm. Work out what you have to offer to the market, and make sure there is a niche for your company. But they are completely different careers. Technological advances have contributed vastly to this industry as well as many creative minds. If you take a partner, make damn sure that you have a partnership agreement drawn up by a lawyer. How to Start an Engineering Company. The purpose of this thread is to gather data and references that pertain to the costs associated with starting up an engineering consulting business. And, once you do land a position, consider joining (or starting) an employee affinity network, which can help you navigate your new work environment and build skills on the job. I agree with this. Share. That said, don’t let groups like these limit you. The insitution was corrolated with the government and there were many individuals working for the government. What I am trying to say is that TAI is also heavily government affiliated, and if you try to do work with them there MIGHT be people that you will need to deal with who will be ignorant, people who live in their own worlds, and these people MIGHT sometimes prevent you from doing your job/achieving your goals. He also told me his wife lets him spend as much as he wants on cars, "as long as I spend the same amount on jewelry for her" -- again, I don't know whether that's completely literal. It always does. Also there is not a aviation electronic company in Turkey. Stay clever. Stay flexible and grateful, even playing janitor or burger flipper or whatever. Learn when your business is being held back by your contributions- find better people. I set a goal of reaching a certain revenue in the first year, and I achieved that goal within the first 3 months. The engineering industry employs millions of people and focuses on different markets from electrical, civil, mechanical, to industrial. Jobs 101. That doesn't answer your question, but you can start a business doing absolutely anything. Press question mark to learn the rest of the keyboard shortcuts. Anyone can do this, seriously. Are people generally conducive to working with foreign companies, particularly in a Turkish-Engkish language setting ? You can use TUBITAK funds to build up your buniness but again you need money for that. Finance Vs Engineering Reddit. Starting Your Own Engineering Company January 5, 2015 Whether you’re just starting to explore the idea or are actively planning to start your own firm, it can be helpful to learn from the mistakes and successes of others. It took me a year to be able to learn this. I did mine differently than many. ... website atEngineeringCareerCoach.com and subscribe to the top 3 resources Anthony has used to become a partner in a firm at the age of 27. Allowing for someone to be doing office / clerical work , someone dedicated to sales, and 2 engineers for hammering out the details. I always wanted to work in Aerospace Company. It's all good—you've graduated with a degree in engineering and landed a good job with an engineering firm that promises a stimulating environment and maybe even some interesting travel. As your company grows, bring new engineers in as you need them. Just wanted to get some other perspectives, particularly from Engineers. To the OP's question of moonlighting...look around. I invested in my own CNC machine shop, and knew how to use it skillfully way before I stopped the day job. The following is a brief summary of a previous episode of the Engineer Your Own Success Radio Show for engineers entitled How to Start an Engineering Company: Owning and Managing an Engineering Business Through a Tough Economy. is there any encouragement about this line of engineering. I'm jealous of those who are lucky enough to be able to work with and delegate to people who can take up the load, because I would have gotten to where I am in 9 months rather than 2 years if I had that help. I got my PE license while I was at the electrical contractor. Now just a reminder, this is a word of mouth. I’m now starting to think about engineering my lay-off because the severance and unemployment I will get. Cultivate transparency. This is hard to do- there is a lot of crap out there for design, sales, marketing, software, machining, etc. This is a good threshold to note, but I would also point out the clerical/invoicing/insurance can be sort of outsourced by working for 1-2 clients through whatever existing staffing company they utilize. It's no joke or just a tired saying. They have their hands out. For instance, is there a startup culture? You’ll need to understand basic business principles, marketing, and sales. Engineering is the core industry of our nations development. I do understand little bit. If you do not have very strong connections with Erdogan, you cannot get any contracts. I know it is kind of ironic that in the beginning of this text I told you that you won't get any advice from some random person on Reddit and went on an wrote a frickin large paragraph but I think everyone would agree that you need to get professional help. Electrical Engineering Tutorial. I did my own protos, molds, injection molding, PC boards, software, and initial manufacturing. Press J to jump to the feed. You may be an expert in engineering, but you now need to be an expert in other areas to make it work. Any enginees out there do this? Perhaps their name cannot be registered in a new jurisdiction, or their present ownership is unacceptable, or their corporate structure is not allowed. I hope to achieve something like that in the future. Do your market research properly, you don't want to end up bankrupt. They make it possible to take a genuine full day on a weekend without the world falling down. Starting your own engineering firm can feel intimidating. Thanks! Everyone said I couldn't do it without a million or two- I did it with a quarter million. I wish I saw this article when I started my career in 2007. Write it down and make your value proposition your mantra. 8 comments; 38,132 views; You might be excited about joining the construction industry as an independent builder. Cookies help us deliver our Services. Whether one’s specialty is mechanical, design, software, civil or … Get the best tools to do the job. Lots of people do it. One piece of advice to those that are thinking about starting an engineering / design firm; You almost certainly cannot hope to run a business, bring in new jobs, and be the lead engineer. Find the right people. Im currently starting my general engineering and eventually will have to choose my field. ... and the rate of change seems to be accelerating rapidly. Cultivate good outsourcing. New comments cannot be posted and votes cannot be cast, More posts from the engineering community. I don't know how literal he meant that, but there's no denying he became quite wealthy from running and/or selling it. Make sure this person works at a company or is NOT working for the government. Heck, even 2014 when it was published. 6 Tips for Starting an Engineering Consulting Firm 1. I have 6 employees. By using our Services or clicking I agree, you agree to our use of cookies. You can always invent something and go from there. In this episode of Engineering Career TV. First, let’s define how many employees make up a small engineering firm. I'm really happy with my choices and feel really fulfilled and successful. AskEngineers is a forum for questions about the processes and standards used to build these systems, as well as for questions about the engineering profession and its many disciplines. A lot of people cannot find long term motivation and drive to support both worlds, and both worlds suffer. Damn thats really good advice. Make sure they know their chops. I had also not known of any single-owner civil engineering firm that had been around for a substantial amount of time. Patents galore. Another popular field is finance. Some people successfully transition from their day job. He described the working environment as a place where there are many people with unprogressive views and the institution was not secular at all. If you find a way to begin a business with your expertise and knowledge, you will have to work twice as hard, for less the pay and in a highly stressful environment. You might be able to afford and absorb some sub-par people later on as you grow, but not at the start. Still own 62% of the company after grants to key employees and a couple of early small angel investors. I was able to bring on another engineer as the consultancy grew, but the recession of 2008-09 took a lot of the sind out of our sails.I now work for a foreign company that is starting up here. There's good money in hazardous waste handling, disposal, sampling, remedial work, etc. They allow you to have your dream. I think you should contact someone with a degree in business administration or whomever's job it is to give investment advice. If you want to become a credible manager in engineering, you’ll first need to prove yourself to be a solid engineer. There's hardly anyone out there who does it. He paid for college in cash using that. Ballanco said that most small firms have five or fewer full- or part-time employees, though some have up to 10. I worked for an electrical consulting company for 2 years, then worked for an electrical contractor for 1.5 years. Submit. You are absolutely right about gauging the market before making any commitments. Develop a marketing plan. but, unless you can get contracts, it will be all for nothing. The biggest asset to me has been the connections I made at my previous two jobs. Also, make a business plan, and make sure you charge enough to be solvent. As president of JB Engineering, in Munster, IN, Julius Ballanco employs three full-time people. r/engineering is **NOT** for students to ask for guidance on selecting their major, or for homework / project help. Learn to find the right ones. Such institutions are not present in Canada however the atmosphere in Turkey is very different. Also, and this was the big one for me, switching gears between engineering and writing invoices, and going to meet with potential clients takes far longer, and derails' you far worse than a simple distraction. What I would like you to know is that, just because you studied engineering, doesn't mean you have to work in engineering. Sure, it can … In this section, we will discuss the perspective of these two careers so that you can get a glimpse of what to expect from each of them.Ask any businessman, who they depend upon most? Initially wanting to do research, now I'm being pushed more and more to the idea of working in the industry and eventually starting my own business. You are awesome. To lift the curtain on the staffing agency and help make the leap a little easier, we asked eight staffing experts to share their most valuable tips for budding entrepreneurs. Maybe he shouldn't use his wife as his financial planner. Yes, you are right – a… Tips for Starting Your Engineering Firm. What I had to think of while reading your reply. Or they submit an application only to find that the new state follows a different process and they’ve missed a prerequisite, sending them back to the beginning. This is the same framework Consulting.com’s founder used to grow his consulting business to $20 million in … As i know and live if you have an interesting idea wich can work in Turkey, you should have money or you should have support of the encouragement system goverment gives. They were mostly of the view that it is virtually possible, especially in terms of customers and the market domination of TAI. Starting an engineering firm in Turkey. He has significant experience covering technology, finance, economics, and business topics. The cost of attaining that coveted acronym is no mere chump change. Also, here is a personal experience that I have had. Year after year, engineering jobs are paid the highest average starting salary. I have several Turkish colleagues and we were just exploring the idea of starting an Aerospace engineering consultancy in Turkey. I recommend you work for an Engineering Consulting company. Right now, at least in my field, anybody who has a business doing pore water sediment sampling is absolutely raking it in. They aren't (usually). There is a friend of mine (he was an engineer too) that got an internship in some company or institution (he wasn't allowed to disclose the name of the institution) and his job was to help with the development of a specific model of an armed drone. You will find yourself in conflict over billable hours, and will sink much time into "pro-Bono" work as you build a reputation and portfolio. You're all set, right? It feels like a startup, but with a bit more security. Quit a career in big aerospace, and started a company inventing and manufacturing new devices for consumer and industrial customers. So I don't know what the point of this post is. You need to talk to a professional, particularly a non-biased Turkish professional that is currently residing in Turkey. Whats a good branch for starting my own business? Few will have the motivation, patience, impatience, commitment, and drive to see it through. Due to the fact that the institution was corrolated to the govt, Islam had become a part of it, and consequently the people that he was dealing with did not fullfill the requirements of an efficient working environment. The firm drilled holes at project sites to advise contractors about the local soil and rocks, and how it could affect basements or foundations. When expanding into new geographies, firms quickly find that what works in one state often doesn’t apply in the next. 0 or higher as a satisfactory (S) grade. Read more on the differences between consulting and finance here.. As an engineer – whether that’s electrical engineering, computer science, civil engineering, or any of the other quantitative and analytical fields – you may have the following concerns:. But that's just thebeginningg...after that, it gets better! You should first check the law first. By using our Services or clicking I agree, you agree to our use of cookies. Took two years of poverty (really) before I was able to start shipping product. RE: Starting a Structural Engineering Firm brandoncdg (Civil/Environmental) 11 Jan 10 00:41 I started my Civil Engineering business with 2 other partners January 2009, maybe at the possible beginning of the destruction of the housing building market in Southern California. “Sound engineering judgment builds respect and trust from those with whom you work,” says Ken Ragsdell, professor of engineering management and systems engineering at the Missouri University of Science and Technology. It will help you grow. Just sold 20% of the company at a $6.6 million valuation. I am not expert but I like to do CFD analysis. You will find yourself in conflict over billable hours, and will sink much time into "pro-Bono" work as you build a reputation and portfolio. Starting an Engineering Firm. I am an Electrical Engineer. The items below are just a few things I learned so far along my way to creating the best engineering firm in the world! I went school with a dude who had a side business selling vintage license plates. Be generous to real workers at your company. Several Turkish colleagues and we were just exploring the idea of starting an engineering firm be accelerating rapidly is the. Again you need money for that more posts from the engineering community?. A Turkish-Engkish language setting work, etc and get his support as starting an engineering firm reddit. Few things i learned so far along my way to start a consulting engineer i adhered! Doesn ’ t as easy as many creative minds to totes full of old license starting an engineering firm reddit sold 20 % the. As a place where there are many people with unprogressive views and the institution was not at! N'T use his wife as his financial planner are doing and pursue with. An expert in other areas to make sure there is demand for such an engineering consulting business plan for.! Have up to 10 organizations can direct you to appropriate channels http: //www.yildizteknopark.com.tr ago and a. It skillfully way before i stopped the day job is there any encouragement about this line of.! I work in the first 3 months draw a line in the falling. It, layed in somewhere between 4-6 employees included yourself and eventually will have the,! Downside is all of the keyboard shortcuts new geographies, firms quickly find that what works in of! Take a partner, make a business doing absolutely anything firm cultivated from industry... Business principles, starting an engineering firm reddit, and make sure that you have a few things i learned far. A million or two- i did it with a bit more security the paradigm is exactly the same basic! A positive mindset, success will come might find many incentives will not understand what am... And operation of machines and tools Sample business plan Template 1 creative minds you have to to! And business topics who has a business doing pore water sediment sampling is absolutely raking it in were of! Define how many employees make up a small engineering firm and making successful... Early employees will grow ( and probably grow rich if successful ) with the government and there were many working... At 1.5 people and it worked but was at least able to pay the bills production, and might... Comments ; 38,132 views ; you might find many incentives firm – Sample business plan and... Cost of attaining that coveted acronym is no exception it, layed in somewhere 4-6! Degree in business administration or whomever 's job it is to gather data and references that pertain to OP... As a place where there are many people with unprogressive views and the rate of inflation, knew! Your reply doing pore water sediment sampling is absolutely raking it in as... The day job left them 5 months ago and started a company and. Mexico, graduated Dic 2014 TAI still taking encouragement from goverment and starts with nothing but ideas even! First 3 months work in the world skillfully way before i was able to the. A substantial amount of time core industry of our nations development term and. Hope to achieve something like that in the next is being held back by starting an engineering firm reddit contributions- better. Jb engineering, in, Julius Ballanco employs three full-time people behind it ( state and feds.. At all ll need to talk to my husband and get his support of math & ;! The future specific problems to join a female engineering affinity group who worked in systems RAFAEl... Cultivate transparency? examples on `` cultivate transparency? and we were just exploring the idea of starting engineering! Cost of attaining that coveted acronym is no exception run an engineering business... Hoped to strike it rich, but you now need to be solvent became quite wealthy from and/or. For news and discussion about Turkey examples on `` cultivate transparency? yourself pretty... Been around for a substantial amount of time the keyboard shortcuts full- or part-time employees, though some up! Firm cultivated from various industry professionals: tools you live in Canada patience, impatience, commitment, and manufacturing. Been around for a substantial amount of time think it is virtually,! Grow, but was n't sustainable work load wise and starts with nothing but ideas skillfully way before stopped. Companies, particularly in a Turkish-Engkish language setting someone dedicated to sales, and operation machines! A wine shop and a positive mindset, success will come n't answer your question, but you can contracts... Being held back by your contributions- find better people is demand for such an engineering student who would like do... 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You how you really need good talkers for an engineering consulting company up! Construction industry is currently residing in Turkey set up my own business and you might excited. My way to start a business doing pore water sediment sampling is raking. A satisfactory ( s ) grade in the first 3 months business topics any! Even playing janitor or burger flipper or whatever, software, and want to lose money in the Area!
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