Lance Cayko is a serial entrepreneur and the co-founder of wildly successful award-winning architecture and construction firms in Northern Colorado. Post the 2008 recession, Lance co-founded F9 Productions, his architecture firm, in 2009 with his business partner Alex Gore after being laid off from a boutique firm in Boulder. Since its inception, the partners have grown F9 from two employees grossing less than six figures to a team of 11. This year they earned the #1 spot in tier three of BizWest's Mercury 100 Fastest-Growing Private Firms blowing out the competition with a 386% growth rate. Throughout his now seasoned career, Lance has also served his community by managing a community garden in Longmont which he is now turning into a formal non-profit. He also teaches part-time at the University of Colorado Boulder and co-hosts one of the top five architecture and business podcasts in the world, Inside the Firm. When he is not doing any of the above Lance is usually spending time with his family fishing and is currently a Regional Editor for the Indian Peaks Wilderness, James Peak Wilderness, and Rocky Mountain National Park. In this week’s episode we talk about: 2.33 The tough circumstances under which Lance started his architecture firm. 5.58 The biggest weakness in the architecture sector. 10.33 How the economic cycle inevitably impacts service businesses. 12.43 Why Lance believes you need to live psychologically thinking your business is always in a recession. 17.52 What is the strangest business advice Lance gives? 22.34 Lance's three fundamental keys to business success. 28:05 What keeps Lance striving forwards? 30.44 The pitfalls of feeling comfortable in your business. And so much more! You can reach out to Lance at https://www.linkedin.com/in/lance-cayko-1227031a/ Inside the Firm podcast on Apple, Spotify and other platforms.