Starting something new, like property development, can be exciting but also tough.
The idea of finding a big profit deal sounds great, but things might not happen as quickly.
Many people jump into property development expecting fast results, thinking theyâll land that six-figure deal within a year.
But the truth is, success doesnât come overnight. Property development often takes more time and work than you think.
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But property development can change your life if you stick with it. If you keep showing up, putting in the work, and learning as you go, that big profit deal could be closer than you think.
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Hereâs why persistence is so important in property development (and how you can set yourself up for lasting success), even when the path feels long.
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Why We Overestimate the Short-Term and Underestimate the Long-Term
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Itâs natural to want fast results. We live in a world where instant gratification is the norm, and patience can feel outdated. This mindset often leads pe...
âA poor man says, âI canât afford it. A rich man says, âHow can I afford it?ââ -Â Robert Kiyosaki In Rich Dad Poor Dad
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If youâre in property development (or even just dreaming about it), you probably know that having the right skills, strategies, and resources is essential to success. However, one aspect of success often goes overlooked, even though itâs arguably the most important: your mindset.
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Whatâs going on in your head, i.e. the âreal estate between your earsâ, could be the difference between a successful project and one that doesnât get off the ground. A growth-oriented, resilient mindset can help you push through challenges, make smarter decisions, and stay motivated when things get tough.
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Imagine this: Youâre in the middle of a challenging property development project. Things arenât going as planned. Costs are going up, and the project is taking longer than expected.
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If you have the right mindset, youâre more likely to keep going and look for solutions. You migh...
The year is about to end.Â
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Just like last year, many people made a New Year's resolution in January 2024. Just like every year, most of them forgot about it by February.
But it is not too late now. If you start today, you can set yourself up for success in 2025.Â
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Instead of waiting for the new year to get motivated and make a plan to act, you can start building the right habits from today and keep the momentum going in 2025.
This way you are much more likely to succeed in property development and fulfill all your dreams.
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Picture this: A year from now, youâve leapt into property development, and your first project was a massive success.
The six-figure profit cheque you just deposited into your bank account means you can pay off lingering debts, provide your family with the financial security you always dreamed of, and even take a much-needed vacation.
Maybe youâll finally get around to upgrading your home, or perhaps youâll invest in your childrenâs education fund.
...Most people tend to look back on their failures only after they've happened. Itâs a natural, almost instinctual reaction when life doesnât go as planned.
They begin to ask themselves:
These questions swirl around in their minds, often leading to months of brooding, self-doubt, and regret.
Sometimes, they manage to extract valuable lessons from these experiences, lessons that help them avoid similar mistakes in the future.
Other times, they place the blame elsewhereâon a bad economy, on unforeseen circumstances, or on that one family member who seems to bring nothing but bad luck.
But what if I told you that the most successful people donât wait for failure to knock on their door?
Instead, they anticipate it. They prepare for it. They do something called a pre-mortem.
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A pre-mortem is the process of imagining that youâve a...
In a world where property development often feels like a domain dominated by a men, it's vital to remember that your gender and age are not barriers but rather stepping stones to reaching your goals.Â
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I'm Amanda McEwin, and I own two businesses: Onassis Developments, a property development company where I create quality affordable housing in South Australia, and an national education company called Rising Star Developer, dedicated to helping aspiring property investors how to become successful small-scale property developers in 6 weeks so they can growth their wealth much faster.
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At Onassis, we focus on creating quality, affordable housing in Adelaide. Our mission is to transform visions into tangible properties that not only serve the needs of the community but create homes for people to build memories. We pride ourselves on creating designer quality homes at an affordable price.
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In the dynamic world of property development, success is often attributed to factors like market knowledge, strategic planning, and financial acumen.Â
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However, one crucial element that can make or break a developer's journey is often overlooked: the power of mindset.
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Limiting beliefs, those self-imposed barriers that hinder personal and professional growth, can significantly impact a developer's ability to thrive in the industry.Â
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Whether it's doubting one's skills, fearing failure, or feeling unworthy of success, these beliefs can sabotage even the most promising ventures.
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But what if I told you that you have the power to break free from these constraints and unlock your full potential as a Rising Star Developer?Â
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Let's explore how overcoming limiting beliefs can propel you towards success in property development.
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Limiting beliefs are deeply ingrained assumptions about ourselves and the world around us that hold us back from...
Property development projects offer exciting opportunities for individuals looking to create wealth, gain financial independence, or simply enhance their lifestyle. However, embarking on such ventures without proper knowledge and guidance can be risky. In this article, we will explore the do's and don'ts of property development projects, shedding light on essential factors that can make or break your success in this dynamic field.
Before diving into any property development project, conduct comprehensive research. Understand the local real estate market, demographic trends, zoning regulations, and potential risks and rewards associated with the area. This knowledge will help you make informed decisions throughout the project.
Create a well-defined business plan for your property development project. Outline your goals, budget, timeline, and projected returns. A clear plan acts as a roadmap, guiding yo...
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