Don’t build your architecture career with a single point of failure.
Because your income is like your investments.
An “eggs in one basket” strategy is the riskiest one there is.
Your actual job might fail.
If hasn’t already…
What if you lost your job? What would happen to you?
Does it affect your family and financial stability?
When I thought about it, it completely changed my priorities.
When it comes to building income, having diverse income streams allowed me to minimize risk and more importantly have peace of mind.
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Building other income streams with digital products
Building multiple streams of income is essential for long-term financial stability.
Every architect should know that, don’t you think?
You can start with leveraging your primary skill set, and gradually branching out to new revenue streams that complement one another.
Like teaching other architects what you are good at.
Or helping real estate developers manage their documentation.
It’s all about helping other stakeholders.
I’m sure your architectural skills will be very useful for them.
Start with a side hustle and ultimately take it from there.
Any idea where to start?
You don't have to start from scratch to do something interesting – by Jack Dorsey
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What did I learn?
Treat your architecture career like a (VC) Venture Capitalist.
Build a portfolio of revenue streams, knowing one will hit big someday.
- Educate other architects with Courses
- Guide them through difficult times with Coaching
- Engage with your community with a Subscription
- Give them extra value to your Paid Community
- Help other architects grow with Consulting and Advising
Be a diversified architect.
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Conclusion
Start with the smallest and easiest one to get going, given your situation.
For many architects that will be some kind of educational course, for example.
Combining high ticket services with low ticket courses works wonders in diversifying revenue streams.
Personalized and valuable digital products with paired credible consultation and expert advising will send substantial growth to your business.
Dear architect, how are you diversifying?
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🎓 Build your portfolio of revenue streams with the Value – Ladder Challenge. It will help you prioritize which product or service you should focus on first.
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Whenever you're ready, there are 2 ways I can help you with:
1. If you're still looking for traction in your architecture business, subscribe to the Wisdom for the Modern Architect Newsletter. Every week you will get actionable ideas, mental models and resources to help you build a profitable business.
2. In case you want to level up your business, you can get Full Access to the Global Architect Roadmap, and unlock Challenge & Solutions with all the resources and tools, exclusively reserved for our paid members, by Upgrading your Membership.
Happy diversification,
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