Check out my conversation with CRE Recruiter David Poline to consider the best way to attract a young, diverse and qualified CRE talent pool.
Teaching CRE Entrepreneurship at Georgia State University was something I always wanted to try. And now I can say I did it, and it was an A+ experience. The class was about helping students decide what they want to do, how they are going to do it, and which resources they need to be successful.
One thing I have not done, but always wanted to do, is step inside the classroom. That is about to change. This fall I teach CRE Entrepreneurship at Georgia State. The course is an extension of how I mentor—this should be interesting for both me and the students.
For many, a new year means a new start in their personal or professional lives—whether it’s hitting the gym, abstaining from alcohol or seeking a new job. Whatever resolution or aspiration you set, you need a commitment and a plan to succeed. This is exactly what I tell my mentees entering the work force: Not only do you need a plan; you need to make yourself stand out. But how do you do that? Create a solid resume, prepare for and attend job fairs, seek relevant internships and market yourself with confidence. Atlanta’s Job Growth in 2020 The forecasts are in, and the good news is you can secure a desirable job in the ATL. Despite positive numbers, this is not easy. According to a recent Bisnow article, “Metro Atlanta’s rocketing job growth has slowed in recent years, from more than 4% in 2014 to 1.5% in August .” But
My Dad was tough around the edges, but he was a kind and generous man. Whether it was family, friends, acquaintances or strangers in need, Dad always tried to help them get back on their feet. While I respected him as a businessman, my greatest admiration was due to his willingness to help others. A Legacy of Giving One way I choose to continue my father’s legacy of giving is by mentoring students and early career adults. A few years back, I wrote a series on mentoring. The first blog of the series offered industry professionals mentoring tips. The second blog advised how mentors can help young professionals in the CRE industry. And the final blog examined mentoring benefits. I am a mentoring advocate, whether you participate in a formal program, act informally as an advisor or assist a young colleague. I currently advise ten individuals. Formal Mentoring I participate
We all know the older you get, the harder it is to adapt to the market. It’s not easy to change what you have learned for your whole career. But to continue to thrive, you absolutely must adapt and see your business as it has changed. As discussed in previous blogs, new technology plus the impact of Millennials has accelerated real estate industry changes. This creates new opportunities, but causes some existing properties to become obsolete and some previous practices to become unprofitable. Of course, there will always be industry constants. Deal fundamentals, you have to know. And you still need money; tenants still need to pay rent; and stable tenants are still desirable. What shifts is this: you have to apply these fundamentals to a different set of parameters. Enter the new recruit, The Bridge between past and present. How Does This Benefit You? Let’s be frank: some of
Mentoring 102: On-the-Job Mentoring So, your mentee has landed her first commercial real estate position. She’s excited, engaged and ready to learn the ropes and land some deals. Despite her enthusiasm and drive, she feels overwhelmed and doesn’t know where to start. This is where you come in. In my last blog, “Why Mentoring Is Key to Future Success,” we discussed how a mentor assists with the initial career decision. As promised, this blog addresses how mentors can help young professionals start with necessary fundamentals. This is important because like golf, if your set-up is poor, a bad swing will follow. Fortunately, most real estate companies now use the team approach. Teams can consist of junior and senior members or of professionals with complimentary skill sets. This approach by its nature gives the novice both a focus and a mentor. For small companies, less team opportunities exist, so individual mentoring
Wondering how to make a marked investment in your industry’s future? Ensure young people have an interest in your business and give them early access to keys for success. It is my experience most college students interested in real estate want to be developers. After all, developers are the driving force for the industry. But few really understand what the development business entails, and they know little about other wonderful opportunities the real estate industry offers. Colleges are not fully preparing these aspiring real estate professionals for this industry. While many graduate with adequate subject knowledge, they’re unsure which discipline to pursue or for which niche they are best suited. Mentoring 101: Start with Coffee That’s where we—established industry players—need to step in and help out. Helping these young people start on the right foot can be as simple as meeting for coffee and asking the following questions: Why do