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EP 162: Why Effective Time Management Will Make or Break Your Property Development Profits

Effective time management is key in all aspects of life, but especially in property development. It’s important to understand why it plays such an important role in your development and how it can make or break your profits.

 

In property development, effective time management is crucial for staying on budget, staying on target, and delivering successful projects. Without proper time management, projects can fall behind schedule, go over budget, and ultimately fail to meet their objectives. By implementing project management strategies and staying organized, property developers can ensure that their projects run smoothly and efficiently.

 

In this week’s episode Hilary and Bob discuss why effective time management will make or break your property development profits. They talk about starting with feasibility, assembling the right team and adaptability and flexibility. So join us in this week’s episode and find out how to sharpen your time management skill for successful property development projects!

 

Resources: 

To speak with us directly, click here: https://www.propertymastermind.com.au/schedule-an-appointment/

 

Episode Highlights:

 

  • Importance of Effective Time Management [03:25]
  • Initial Planning and Feasibility  [04:09]
  • Assembling the Right Team [05:29]  
  • Regular Meetings and Builder Coordination [13:03]  
  • Current Projects and Builder Efficiency  [17:55]
  • Risk Management and Time Management [20:47] 
  •  Personal Time Management  [24:08]
  • Adaptability and Flexibility  [28:02]
  • Problem-Solving Mindset [34:33]
  • Final Thoughts [37:13]

About Hilary Saxton:

Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.

Bounce Back Better Podcast: https://episodes.fm/1707096100

About Bob Andersen: 

Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”. 

 

 

Connect with Property Mastermind: 

 

 

It has been a pleasure and we look forward to seeing you in the future episodes!

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