In this episode of PE4Free, Scott Wibel, an independent structural engineer, shares his journey of starting his engineering firm, touching upon his risk tolerance, background, professional achievements, and career goals. He also offers his perspective on technical acumen, business strategies, and efficient methods of client acquisition. He highlights the significance of professional liability insurance in running an engineering business and discusses his preference for establishing his business as an LLC. Scott also advocates for zero-tolerance towards errors in the engineering profession, emphasizing the importance of maintaining high standards.