Paul Nakazawa categorizes architectural practices in terms of different areas of focus: opportunities, clients and markets, and then presents an expanded model of architectural practice types with three kinds of intellectual capital--Thought leaders, Concept partners, and Market leaders--and three kinds of resource management: General design practices, Service partners, Diversified businesses. Nakazawa reviews alternative kinds of projects and practices, stressing that there are a range of possibilities open to young architects, and urges students to think seriously about their assets in terms of ideas, image, networks and capabilities. He ends with remarks on his personal path in architecture, stressing practice as an adventure.