Starting Your Own Engineering Firm: A Primer on Engineering Entrepreneurship

What does it take to transition from practicing engineer to business owner? In this insightful presentation, Engineer Rashed Gulaid, PE shares his experience building and leading a successful engineering consulting practice, offering practical guidance for engineers interested in entrepreneurship and firm ownership. Drawing from decades of experience in the engineering industry, Eng. Gulaid explores the key steps involved in launching an engineering firm, from establishing a business structure and securing professional licensure requirements to developing client relationships, building a reputation, and managing projects effectively. This presentation covers essential topics including business development, financial planning, risk management, marketing professional services, staffing, leadership, and maintaining technical excellence while growing a sustainable business. Presented to SSE Members on November 1, 2024 For more information, visit us at somaliengineers.org