15 Jul You sure don’t need a uni degree to be a property developer… 🏠
Firstly… if you want a degree in property development you can certainly get one.
There’s several out there if you are prepared to spend 3 – 4 years full-time study and $30,000 – $40,000. And if your grades are good enough and you’re the right age you might get an assistant development manager role with a development company. Starting yearly salaries for graduates is typically $55,000 – $65,000.
But what if you just want to develop small to medium projects (not a high rise) yourself, and don’t want to lose four years of your life and want to make four times as much money working fewer hours.
Can you do that? Sure can, I’ve taught 2,500 people how to do exactly that.
About 20 years ago I acted as a mentor for a while to two students undertaking a three-year land economics degree (including property development).
It was frightening what they didn’t know. They had plenty of theory but no ‘street smarts’.
That said, I did go to university – for six months. I was so clever that I knew by August I wasn’t going to pass the first year final exams in November, so I stepped out of academia into the real world. I should point out I studied Industrial Chemistry. I still wake up in a cold sweat some nights thinking if I was smarter, I could have spent my life in a white lab coat.
And what about Steve Jobs? Steve Jobs dropped out of Reed after one semester. His highest education qualification was high school level. As he once said, “The people who are crazy enough to think they can change the world are the ones who do”.
Remember, one of the keys to being a successful property developer is to get the right team around you. Most of your team members went to university for four years to get a degree plus years in the marketplace honing their skills. Now you can be their boss, hiring and firing at will. There’s a lot of irony in that if you left school in year 10.
So no, you certainly don’t need to have a degree to be a property developer. In fact, I suggest you don’t. Just find yourself a good property development course, maybe by someone who’s been in the game for well over 30 years.
Ummm….who might that be…
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