Firstly, you need to get a large fish out of the fridge and slap yourself across the face with it. Or, if you prefer, have a quiet word with yourself. You see, it’s partly a question of your mindset. Thinking of yourself as a newbie developer will do you zero favours. However, as it happens, there are better ways of describing what you are. Let’s look at the facts. Will you be laying any bricks? Nope. Or designing the plans? No. Or doing the conveyancing? Not a chance. Being a developer doesn’t mean you do the work; your professionals will do all the heavy lifting. And how much experience does your architect, contractor, solicitor, etc. have? You’ll work with around two dozen different professional disciplines, and the people involved will have centuries of experience between them. So, when people look at you, we want them to see not a newbie developer but an entrepreneur pulling together a highly experienced team to take advantage of a fantastic business opportunity.
And is your business opportunity a good one? Well, you’re in a market that’s been around for hundreds of years, supplying a product that everyone needs, and which is in chronically short supply. So, tick, tick, and tick. In the last article, I mentioned that permitted development rights (PDRs) were key to de-risking your projects and gaining a significant advantage. So, you’re not just building any old project; you’re focusing on an area where there’s a massive opportunity. What’s not to like?