Learn the BUSINESS of ARCHITECTURE | Lucas Gray
Lucas Gray, Director of Content and Community at BQE Software. Lucas shares his journey from practicing architecture to becoming a business consultant, emphasizing the growing importance of the business side of architecture. He discusses the challenges architects face in managing firms, the need for transparency in the industry, and effective hiring strategies for small firms. Lucas also provides insights on firm structure, growth strategies, and advice for those looking to start their own architecture firms.
In this conversation, Lucas Gray discusses the importance of choosing a niche in architecture, the transition from architect to business owner, and the role of software like BQE in managing architectural firms. He emphasizes the need for transparency in business practices, the competitive landscape for talent, and the necessity for architects to adopt a business mindset. Gray also shares valuable advice for young professionals entering the field, highlighting the importance of curiosity and continuous learning.
LinkedIn: https://www.linkedin.com/in/lucasgray/
Takeaways
• Lucas Gray has a diverse background in architecture and business consulting.
• The business side of architecture is gaining more attention and transparency.
• Many architects lack formal education in business management.
• Small firms often struggle with when and who to hire.
• The structure of a firm can vary greatly based on ownership and goals.
• Intentional planning is crucial when starting a firm.
• Understanding the market problem you want to solve is key to success.
• Building a community around your work can enhance your business.
• Leadership in architecture is evolving with generational changes. Choosing a niche helps in hiring and identifying customers.
• Architects must shift their mindset to prioritize business management.
• Transparency in firm finances and project management is crucial.
• Many firms still rely on outdated methods for project management.
• The architecture industry must compete with tech and finance for talent.
• Networking with professionals in different roles can provide valuable insights.
• BQE Core offers a comprehensive solution for firm management.
• The architecture industry faces challenges in profitability and sustainability.
Chapters
0:00 Introducing Lucas Gray
5:00 Business of Architecture
12:54 Consulting Firm Growth and Transitions
16:34 Biggest Mistake Firms Make with the First Hire
20:15 Firm Structures Types
33:45 Software Side of Business Management - BQE
40:10 Director of Content
42:15 Gaps in Business Knowledge & Transparency
50:55: Advice for Young Professionals
BIG THANK YOU TO OUR TEAM!
Editing and Motion Graphics: Gus Bernal
www.gusbernal.com
Instagram: @gus_bernal_film
mentorDINO
Hello, I'm Katelyn Rossier!
A licensed Architect and founder of mentorDINO. I help early and mid-career design professionals have the technical knowledge, professional development skills, and resources they need to not only have successful projects but also be able to step into leadership roles with confidence! The AEC industry doesn’t have to be sink or swim!
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