Failure is NOT an Option
In answer to the email received:
If you are new at development I would recommend that you do heaps of research, read every book you can get your hand on & attend every credible property development seminar you can before you folk out your hard earned savings for a development site.
If you have done a lot of real estate investment in the past then I’m sure you will have gained valuable knowledge from that. Then you just need to focus on development skills (as above). If you haven’t got development or real estate investment experience, the start building your strengths in the investment side first. Build you knowledge so you become an expert in your chosen filed.
Once again property developers tend not to take on apprentices or assistance. For every job with a successful property developer there will be 10,000 applicants. If a developer was going to employ someone, that individual would usually have a very specific specialised skill or expertise i.e. a gun & specialist in shopping centre management, expert development management, corporate leasing, sales, feasibility etc. chances are they have been in the industry for many years & are an expert in their field (i.e. site selection, planning, construction, management, sales or leasing).
Most people that are very successful have done so with a lot of focused effort, dedication, passion & perspiration. While they may have had help along the way, the very successful are ultimately very driven people. It’s not a 9 to 5 job. It’s what ever it takes, till it’s done. They are not tired; they are driven. They are not kicking back watching TV; they are working in a project. They have clear written goals + written plans & take consistent & constant action. Finally they don’t ever give up, as failure is not an option!!!
Philip