Do you have your own service and engineering business?

Hello together,

I recently left a large engineering firm and am currently considering what it would mean for me to return to an employed role. I'm comparing being self-employed as a structural engineer versus roles in construction management or specialized engineering fields like forensic investigations. I've found it difficult to justify the traditional structural engineering path financially if other roles could offer similar compensation ($130K–150K annually) with less stress or fewer hours.

So, I would have some questions:

  • How many years did you work for someone else before going independent?
  • What services do you find yourself providing most often?
  • What's your average hourly billing rate?
  • Approximately how many hours do you and your team work per week?

What do other self-employed structural engineers think about this? What are your experiences and how do you evaluate different work models in terms of financial reward and personal satisfaction?

Looking forward to your answers.

I left my previous employer about 1.5 years ago, and have been self employed since. My experience in engineering consultancy was about 12 years before I left to go solo. On reflection, it took at least 10 years to gain enough technical and business experience to consider the jump.

I now work less hours in aggregate and take home more than my previous salary. The biggest benefit is you have control of your time and what projects you want to take. My interest and specialty is in steel structures, so I focus on them.

Best Regards,
Mike
https://www.odysea.engineer

3 Likes

Nice to hear that. I also appreciate that as a one-single man show, you have absolute freedom to decide which direction I can go.

I can imagine that winning new projects and clients could be quite challenging. Especially in the beginning where people don’t know you. Nevertheless, I guess, that focusing on a specific industry like steel could be quite beneficial.

Thanks!