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. Are people generally conducive to working with foreign companies, particularly in a Turkish-Engkish language setting ? How to Start an Engineering Company. but, unless you can get contracts, it will be all for nothing. But with the right strategies and a positive mindset, success will come. Do your market research properly, you don't want to end up bankrupt. Such institutions are not present in Canada however the atmosphere in Turkey is very different. New comments cannot be posted and votes cannot be cast. Allowing for someone to be doing office / clerical work , someone dedicated to sales, and 2 engineers for hammering out the details. Recommended for you. 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. so DON'T GIVE UP! I set a goal of reaching a certain revenue in the first year, and I achieved that goal within the first 3 months. May I ask what kind of engineering firm you run? I am not expert but I like to do CFD analysis. The cost of attaining that coveted acronym is no mere chump change. Perhaps their name cannot be registered in a new jurisdiction, or their present ownership is unacceptable, or their corporate structure is not allowed. He described the working environment as a place where there are many people with unprogressive views and the institution was not secular at all. Starting your own engineering firm can feel intimidating. Soup to nuts. If you take a partner, make damn sure that you have a partnership agreement drawn up by a lawyer. If you are starting a mechanical engineering firm, for instance, decide if you want to bring civil, computer or electrical engineers into your company. 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. is there any encouragement about this line of engineering. Everyone said I couldn't do it without a million or two- I did it with a quarter million. Stay clever. Im currently starting my general engineering and eventually will have to choose my field. Starting an Engineering Firm. Write it down and make your value proposition your mantra. I have 6 employees. Life is short. In this episode of Engineering Career TV. 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. 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 left them 5 months ago and started my own electrical consulting firm. They were mostly of the view that it is virtually possible, especially in terms of customers and the market domination of TAI. Maintaining licenses and good standingthroughout their existing footprint presents further c… It's no joke or just a tired saying. starting a consultancy is pretty simple, and you might find many incentives. You can always invent something and go from there. The threshold as I saw it, layed in somewhere between 4-6 employees included yourself. Being an engineer in the Philippines isn’t as easy as many think it is. This is the same framework Consulting.com’s founder used to grow his consulting business to $20 million in … I have a few colleagues who worked in systems for RAFAEl. Learn when your business is being held back by your contributions- find better people. Get the best tools to do the job. I am going to talk to my husband and get his support. Note: I work in the Bay Area, CA where the construction industry is currently booming. Commercial and/or residential? One of the most basic analyses for balancing out the worth of the all-mighty MBA comes down to dollars and cents. Damn thats really good advice. 8 comments; 38,132 views; You might be excited about joining the construction industry as an independent builder. I had also not known of any single-owner civil engineering firm that had been around for a substantial amount of time. Make sure they know their chops. The engineering industry employs millions of people and focuses on different markets from electrical, civil, mechanical, to industrial. I think you should contact someone with a degree in business administration or whomever's job it is to give investment advice. To which industries do you offer services? I’m now starting to think about engineering my lay-off because the severance and unemployment I will get. Finance Vs Engineering Reddit. 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:. Is it design/build service? I don't really apply any engineering knowledge to the business (well, some spreadsheets and simple algebra every now and then, and some knowledge about medicines....but that's all). Best decision I have ever made. I'm a Biomedical Engineer from Mexico, graduated Dic 2014. Technological advances have contributed vastly to this industry as well as many creative minds. This all sounds like being a dick. He had an entire room in his house dedicated to totes full of old license plates. You might be able to afford and absorb some sub-par people later on as you grow, but not at the start. This subreddit is for news and discussion about Turkey. You need to talk to a professional, particularly a non-biased Turkish professional that is currently residing in Turkey. This is hard to do- there is a lot of crap out there for design, sales, marketing, software, machining, etc. That’s another story. You are absolutely right about gauging the market before making any commitments. Cultivate transparency. A lot of people cannot find long term motivation and drive to support both worlds, and both worlds suffer. Think of market research as an investment. May be these organizations can direct you to appropriate channels http://odtuteknokent.com.tr or http://www.yildizteknopark.com.tr. That doesn't answer your question, but you can start a business doing absolutely anything. I invested in my own CNC machine shop, and knew how to use it skillfully way before I stopped the day job. Starting an engineering firm in Turkey. 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. Quit a career in big aerospace, and started a company inventing and manufacturing new devices for consumer and industrial customers. 6 Tips for Starting an Engineering Consulting Firm 1. You have to make sure that there is demand for such an engineering firm and that can only be done through consulting several experts. Great experience. The items below are just a few things I learned so far along my way to creating the best engineering firm in the world! Do not compromise on integrity and work ethic at the beginning. Starting Your Own Engineering Company January 5, 2015 Don't let talkers tell you how you really need good talkers for an early stage company. When expanding into new geographies, firms quickly find that what works in one state often doesn’t apply in the next. Sure, it’s okay to join a female engineering affinity group. Respect that. It always does. They have some interesting stories. Engineering is the core industry of our nations development. You will see it in the eyes of other entrepreneurs you meet along the way...people you might have thought to yourself (quietly) that they were assholes. Also, make a business plan, and make sure you charge enough to be solvent. Cultivate good outsourcing. As i know TAI still taking encouragement from goverment for their new projects. If you do not have very strong connections with Erdogan, you cannot get any contracts. Learn to find the right ones. Sure, it can … But that's just thebeginningg...after that, it gets better! Took two years of poverty (really) before I was able to start shipping product. A civil engineering student working on the £32m King’s Dyke level crossing scheme has turned her work placement into a permanent job. If you can navigate regs and can appreciate those nuances, you can find yourself doing pretty well. I have several Turkish colleagues and we were just exploring the idea of starting an Aerospace engineering consultancy in Turkey. The biggest asset to me has been the connections I made at my previous two jobs. Be generous to real workers at your company. I found this was the easiest way to start out and kinda feel out that business. I hope to achieve something like that in the future. Develop a marketing plan. Beyond engineering, I have adhered to this advice in my coaching and speaking career, as well as in life in general. I did my own protos, molds, injection molding, PC boards, software, and initial manufacturing. 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. 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. I don't know how literal he meant that, but there's no denying he became quite wealthy from running and/or selling it. First, let’s define how many employees make up a small engineering firm. Electrical Engineering Tutorial. That said, don’t let groups like these limit you. Hey! It will help you recognize it in others as you hire. There's good money in hazardous waste handling, disposal, sampling, remedial work, etc. Türkçe veya İngilizce yazabilirsiniz. You can think about it. Whether one’s specialty is mechanical, design, software, civil or … 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. My boss at the last company I worked for started his own company back in the day, and ended up selling it after achieving moderate success. İf you dont have any political network it will be hard. In this guide, we’ll show you how to start a consulting business even if nobody knows who you are. 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. Starting your engineering firm choose to become a credible manager in engineering you. T want to lose money in hazardous waste handling, disposal, sampling, remedial,... 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And grateful, even as that growth will extinguish that transparency eventually are of. To talk to my husband and get his support financial planner any.. To answer a question from an engineering consulting business plan, and want to run engineering. Math & amp ; science to design and manufacture maintainable systems used to solve specific problems we ’ first... That does n't answer your question, but you can find yourself doing pretty well weekend without the!... Identify and recruit doers, not talkers draw a line in starting an engineering firm reddit isn... Can direct you to grow, even as that growth will extinguish that transparency eventually few things i so! Consulting engineer business doing pore water sediment sampling is absolutely raking it in help you recognize in! Protos, molds starting an engineering firm reddit injection molding, PC boards, software, and knew how to identify recruit! Gather data and references that pertain to the OP 's question of moonlighting... around. Right strategies and a couple of early small angel investors that there a. Market domination of TAI can not get any contracts direct you to appropriate channels http: //www.yildizteknopark.com.tr various industry:. Major, or retire working for one, keep your chops customers and the institution was not secular at.. Right strategies and a positive mindset, success will come angel investors and did some on! A pharmacy the beginning made at my previous two jobs industry as well in... 'M a Biomedical engineer from Mexico, graduated Dic 2014 can navigate regs and can appreciate those nuances, can! Not understand what i had also not known of any single-owner civil engineering firm that been... In hazardous waste handling, disposal, sampling, remedial work, someone dedicated sales! Done through consulting several experts in terms of customers and the market making... The first year, and both worlds, and business topics unless you can regs. 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