564: How to Know Your Architecture Firm's Financial Performance with Robert Yuen of Monograph

In this episode, Rion Willard and Gurmeet Sian delve into the intricate dynamics of architectural fees and their impact on both individual architects and their teams. They discuss insights into how firms can effectively communicate the value of their work and the challenges of raising fees. Discover practical strategies for aligning client expectations and managing project budgets, and how transparency in fees can foster a more understanding work environment. What surprising truth did Gurmeet learn early in his career that shifted his perspective on fees? How can architects balance demonstrating their value with managing client expectations? What unconventional advice does Gurmeet offer for dealing with tight project budgets? What unique approach does Gurmeet use to maintain a strong client relationship and manage project finances? Tune in to hear Rion's candid reflections and gain valuable tips that could transform your approach to architectural practice.   To learn more about Gurmeet, visit his: Website: https://officesian.com/ Instagram: https://www.instagram.com/office_sian_architecture/   ► Transcription: https://otter.ai/u/J9gJto1XBkZ3Y6sioAWhqfqTMvc?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!  

Discover the fascinating dynamics of New York City's real estate market in this captivating episode. Our guests delve into the challenges of converting office spaces into residential units, shedding light on the complexities and opportunities involved. The conversation also touches on the peculiarities of New York's housing market, making you question the sustainability of current trends. Why are some of New York's buildings seemingly underutilized? What's the real impact of tax breaks on urban development? How are luxury apartments reshaping the city's landscape? Can the housing market truly support the current rental prices?   To learn more about Geoff, visit his: LinkedIn: https://www.linkedin.com/in/geoff-ross-84775417/   ► Transcription: https://otter.ai/u/y5FQO6FromwF_yHkpz_lDuc9JrY?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!

In this episode of the Business of Architecture, Rion Willard speaks with husband and wife team, Alain and Liliana Meylan, who’ve transformed their architectural firm into a full-fledged property development business in the south of France. Alain and Liliana reveal their journey from creating luxury homes in Geneva to reviving old properties with stunning attention to detail. This conversation delves into the challenges of balancing personal and professional life while designing dream homes for the ultra-wealthy. The couple also shares valuable insights on navigating the financial and logistical hurdles of ambitious projects. Discover what led them to expand from architecture to property development. Hear how they tackled two massive renovation projects in France. Learn about their approach to keeping costs down without compromising luxury. Find out the unexpected challenge that nearly led them to sell one of their iconic homes.   To learn more about Alain & Liliana Meylan, visit their: Website: https://k-architectes.fr/en/ Instagram: https://www.instagram.com/atelierkarchitecture/   ► Transcription: https://otter.ai/u/gT8kuMLjDSTpZNGxg1znjkEt1yE?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!

In this episode, Enoch Sears and Rion Willard delve into how small shifts in perspective can transform architectural practices. They discuss the surprising impact of reframing challenges and how leaders can address underlying concerns within their teams. The conversation uncovers how mindset influences team dynamics and firm success. How can changing your perspective lead to unexpected breakthroughs in your practice? What’s the real reason behind the common complaints in architectural firms? Discover how a seemingly simple issue can unravel deeper challenges in leadership. Why do traditional solutions often fail to resolve core problems in team performance? ► Transcription: https://otter.ai/u/i6NsrLZjXJMetlIF5YmlSSLSd9c?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!

Dive into a revealing conversation on the "Business of Architecture" podcast, where Rion shares insider secrets on how the show became a go-to resource for architects worldwide. Learn how consistency and smart strategies have fueled its growth, and uncover the unexpected tools that make podcast production more manageable. Don’t miss the surprising insights that could change how you approach your own architectural practice. Discover the one habit that transformed the podcast’s success. Curious about the tools behind seamless podcast production? Find out here. What’s the unexpected request from Enoch Sears that could benefit you? Learn the key mistake most architects wish they’d avoided 20 years ago.   ► Transcription: https://otter.ai/u/ULgre988IrBSAsfzWq9r5cgR1dQ?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!  

In this episode, we dive deep into the strategies and successes behind the growth of a key architectural office in Atlanta. Learn how Candace Rimes and her team navigated complex projects and forged essential relationships that paved the way for groundbreaking developments. We also explore the unexpected challenges and innovative solutions that came from shifting perspectives in a car-centric city. Plus, you'll hear how urban planning and design are being reimagined to create more vibrant, pedestrian-friendly spaces. Discover the surprising factors that influenced major architectural decisions. Learn about the powerful relationships that made a difference. Uncover the unique challenges faced in a car-dominated city. Hear how urban planning is being transformed in one of the busiest neighborhoods.   To learn more about Candace, visit her: Website: https://fogartyfinger.com/ Instagram: https://www.instagram.com/fogartyfinger/ LinkedIn: https://www.linkedin.com/company/fogartyfinger   ► Transcription: https://otter.ai/u/Jg9H87ClE52uvyUgJcS_ID1I9iI?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!

Architects often struggle with integrating new technologies while preserving their firm’s core culture. In this episode, Mansoor Kazerouni of Arcadis delves into how firms can adapt to the evolving landscape of architecture without losing their identity. He discusses innovative strategies that are reshaping project management and client engagement. Discover how leading firms are tackling these challenges and what makes their approach unique. This episode offers a peek into the future of architecture and the balancing act between technology and tradition. How are firms reimagining their approach to client relationships? What strategies are revolutionizing the integration of new technologies in architecture? Why is the balance between virtual and in-person culture crucial for global firms? What does the future hold for architectural project management and client interactions?   To learn more about Mansoor, visit his: Website: https://www.ibigroup.com/ LinkedIn: https://www.linkedin.com/company/ibi-group_2 Twitter: https://twitter.com/ibigroup   ► Transcription: https://otter.ai/u/7821DRT-yzmGX97607PwB6e_DWU?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!

In this episode of the Business of Architecture podcast, Enoch Sears and Rion Willard dive deep into the challenges architects face when negotiating fees. They discuss why giving away free work can harm your reputation and how to turn risk into a rewarding opportunity. Their conversation reveals clever strategies and surprising tips for dealing with clients and developers. Discover why free work might be damaging your business. Learn a creative way to turn risk into reward. Hear real-life examples of architects successfully negotiating fees. Find out what Enoch and Rion think about public talks and free consulting.   ► Transcription: https://otter.ai/u/GR5wiUj7guo5Xx4mZRf_oqMm6iU?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!  

In this episode, Lance Cayko and Rion Willard dive deep into the world of architecture. They discuss the real-life challenges architects face, from financial struggles to balancing creativity with practicality. The conversation also touches on broader topics, challenging common perceptions about the profession and offering fresh perspectives. Why do many architects face financial hardships despite their skills? What hidden struggles do architects deal with behind their stunning designs? How does the balance between art and business shape the field of architecture? What surprising insights challenge the notion of elitism in architecture?   To learn more about Lance, visit his: Website: https://www.f9productions.com/ Podcast: https://www.insidethefirmpodcast.com/   ► Transcription: https://otter.ai/u/erfMA-rPy2VqCcWQkwwnWsmTPj8?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!

In a dynamic podcast conversation, Rion speaks with Robert Yuen of Monograph. Listen as they explore essential strategies for architects to optimize their business performance. They delve into the intricacies of utilization and realization rates, emphasizing the impact of effective management on revenue generation. The discussion highlights common pitfalls in project scope management and offers insights into balancing billable hours with actual revenue. Focusing on financial health, they stress the critical importance of timely payment cycles in sustaining architectural practices amidst economic challenges. Discover crucial insights on maximizing revenue through strategic utilization rates. Learn effective techniques for managing project scope to prevent revenue leakage. Understand the nuances of billing practices and their direct impact on financial outcomes. Explore practical strategies for improving cash flow and financial stability. To learn more about Robert visit his:  Website: https://robertyuen.com/ Twitter: https://twitter.com/Robert_Yuen LinkedIn: https://www.linkedin.com/in/yuenrobert/ Instagram: https://www.instagram.com/robert.yuen/   ► Transcription: https://otter.ai/u/SCemnTUJ527ZwbAWBPOy0zqjciQ?utm_source=copy_url   ► Feedback? Email us at [email protected]   ► Access your free training at http://SmartPracticeMethod.com/   ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call   ► Subscribe to our YouTube Channel for updates:   https://www.youtube.com/c/BusinessofArchitecture   *******   For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/businessofarch/ Website: https://www.businessofarchitecture.com/yt Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/show iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz   *******   Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com   Carpe Diem!