Architect + Entrepreneur (Volume 2): How to Stabilize Your Revenue Streams With "Passive Income"

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In “Architect + Entrepreneur Volume Two”, we follow along as architect Eric Reinholdt scales his business, continuing the narrative begun in volume 1 and applying an entrepreneurial mindset to every facet of his work. The book chronicles his experiments failures and successes as he reinvents his architectural practice.

The primary innovation is a focus on passive income producing products and it involves a simple shift supplementing the standard consulting arrangement – hours traded for revenues earned – with an architecture-as-product revenue model. We discover how products, especially digital products, are nearly infinitely scalable. As compared with the limits of time, which govern the standard consulting arrangement, passive-income-generating products reinforce the brand message and create more freedom for the business owner.

Rather than wholly rejecting the individualized, high-touch service side of the business in favor of products, the book demonstrates how a line of products can actually nourish the consulting arm with only those clients best suited for the brand, while producing enough residual income to fully fund the practice.

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Cite: Eric Reinholdt. "Architect + Entrepreneur (Volume 2): How to Stabilize Your Revenue Streams With "Passive Income"" 08 Feb 2016. ArchDaily. Accessed . <https://www.archdaily.com/781719/architect-plus-entrepreneur-volume-2-how-to-stabilize-your-revenue-streams-through-passive-income> ISSN 0719-8884

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