G’Day,

Starting a business is one of the most exciting things you could ever do, and you should set about it with the right attitude from the get go. When starting a business you don’t just want to be creating a new job for yourself, you should always start a business with an exit strategy in mind, and a plan for the business to run without you, otherwise it is just a glorified job rather than a business.

Your success of your business should not deteriorate when you are not there. This is the difference between being ’self-employed’ and being ‘in business.’ So, your first goal in business should be to make yourself invisible.

The same applies for when you are developing property. You need to manage the project professionally. You need to employ consultants who you can trust to do the job right. You will need to go through the job to be done, the prices, your expectations etc at the beginning so that you can avoid any problems down the line. For example, by having detailed design drawings before signing on with a builder, there is less ambiguity and less chance of being taken advantage of by an unscrupulous contractor. You do not want to be in a position where you must be on-site every day to ensure all is going smoothly. You will want to be able to breeze in and out of the development sites knowing that all is running well in your absence yet still be contactable for consultation purposes.

Business success requires effort, dedication and sacrifice. But you don’t want to be working extremely hard, you want to employ others to do the hard work for you. Do not be afraid to stand back or adopt a bird’s eye view of your development.

Remember- “What the mind of man can conceive and believe, It can achieve” Napoleon Hill

The CCORP Team