What Type Of Person Thrives In The Affordable Housing Development Industry According To A Project Director At PATH Ventures
To thrive in affordable housing real estate development, a person needs "optimism" and the ability to maintain "the long view" amidst numerous roadblocks, requiring both a positive mentality and strong organizational skills to balance passion with the necessary "hard skills." Success in this field demands a resilient and detail-oriented approach capable of navigating complex projects.
Optimistic, Organized, Detail-Oriented, Resilient, Focused
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Michael Busse
Project Director
PATH Ventures
Loyola Marymount University, 2016
UCLA Master's of Urban and Regional Planning
Entrepreneurship
Nonprofit, Foundations & Grantmaking, Real Estate
Real Estate
Honors Student, Scholarship Recipient, Worked 20+ Hours in School, LGBTQ
Video Highlights
1. Optimism and perseverance are crucial because of the many roadblocks and lengthy timelines in affordable housing development.
2. Strong organizational and detail-oriented skills are essential for success, in addition to passion for the cause.
3. A balance of hard skills and the right mindset are necessary for long-term success in the industry.
Transcript
How would you describe people who typically thrive in your industry?
People who thrive as affordable housing real estate developers need to be optimistic. There are many discouraging things that can happen, and numerous roadblocks. Because these projects take so long, many things can go wrong.
You have to maintain a long-term perspective and stay motivated, thinking about the impact you're going to have. You need to be focused and optimistic, knowing that things will work out as long as you do your job and figure things out. That's the most important thing.
You can't be easily discouraged. You have to focus on the good aspects. As I mentioned earlier, you definitely have to be organized and detail-oriented.
You can be as invested and passionate about the causes as you want, but if you don't have the hard skills to do the job, you're really going to struggle. It's the right balance of hard skills, being organized, and having the right mentality for it if you're going to stick around in this industry long-term.
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