When faced with the problem of not knowing what you don't know, it's crucial to have a mentor or someone on your team who can help you out. In this episode, Shane discusses the lessons learned from experienced developers and how new developers can leverage their processes. Listen in as Shane provides practical examples of applying the three stages of development and how to identify the path to the goal but also make sure that the design is realistic and achievable. [00:01 - 10:18] Lessons Learned from Seasoned Developers   Step #1: Get clear on your goals Clearly state what you are trying to accomplish. Be more accurate in articulating your goals. Differentiate nice-to-haves versus must. Step #2: Understand that you will encounter problems Spend time identifying the hurdles to face. Don’t be afraid to ask for help. Step #3: Diagnose the problems Have a contingency plan in place. Step #4: Design your path There could be more than one path to reaching your goals. Reverse engineer your objective and work backward from there.   [10:19 - 17:55] Identifying the 3 Stages for a Successful Development    The three stages of successful development Pre-development, development, and marketing & sales are the three stages to look into. Map out the core problems to figure out. Spend time identifying the issues. Figure out the options. Have a go-no-go strategy for efficient evaluation   [17:56 - 19:36] Closing Segment   If you are interested in my coaching and consulting program, please reach out to me through email at  [email protected]. I want to make sure to cater to those interested, so please use the word “coaching” on the body or subject line.   You can also follow me on Linkedin, and Twitter. If you would like to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money.   LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes.   Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel.   Resources Mentioned:   Principles by Ray Dalio   Tweetable Quote:   “You're going to encounter problems… Spend more time really clearly identifying what the problems are.” - Shane Melanson

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