What do you do if your real estate development career hits a roadblock?

One thing I've found helpful is to get constructive feedback from others within your field. Asking for honest reviews from trusted peers or mentors can help you identify the cause of your roadblock. Is it self-created or market-created? Taking a step out of your day-to-day to review the situation from a distance can help you identify how to change directions. I think of that children's song "Can't Go Over It, Can't Go Under It, let's Go Around It." A roadblock forces you to reevaluate your direction and decide if your destination needs to be changed and the most effective route to get there.

Just because you hit a road block, it doesn't mean it is the end of your career in development. When times get tough, find a different avenue in development where your skills are needed. There are open doors all along this journey of life; pick one and jump in!

Diversifying your skills can open your eyes to viewing the market in a different light. Although the industry may ebb and flow as it evolves, real estate development will always be happening. Taking on a position in multi-family, low-income, luxury, commercial or simply financial analysis aspect can really reinvigorate your career and your knowledge base.

Networking is a mutually beneficial interaction that involves exchanging ideas and information between individuals who are connected by a common career, industry, or interest. Unrelated to computer networking, professional networking refers to the act of building and maintaining relationships with other professionals in your industry or related fields. It is an important aspect of career development and can help individuals to expand their knowledge, opportunities, and connections.

Networking is one of the biggest things you can do. Making sure you are well known in your industry and community can be the difference between success and failure.

Change and growth are the only constants in life. The market changes, your life changes, and the world changes. That is a fact. It's up to you to embrace the change and go forward unscathed. For me personally, I used to fear change because it was unknown. What was the outcome if I made that change? Now, looking back, I love change. It has brought me to where I am today and will bring me to where I am meant to be.

Everything around us is constantly changing, whether we perceive it or not. Society changes, technology evolves further every day; the world is always in flux, but what’s most important is that we ourselves undergo change too. But despite this knowledge, one of the most difficult things human beings learn during their life is how to embrace change. Many people find change terrifying. And that’s normal. Change reminds us that we’re getting older every day, and there’s something so melancholic and scary in this inevitable passage of time.

Positive thinking doesn't mean that you ignore life's less pleasant situations. Positive thinking just means that you approach unpleasantness in a more positive and productive way. You think the best is going to happen, not the worst. Positive thinking often starts with self-talk. Self-talk is the endless stream of unspoken thoughts that run through your head. These automatic thoughts can be positive or negative. Some of your self-talk comes from logic and reason. Other self-talk may arise from misconceptions that you create because of lack of information or expectations due to preconceived ideas of what may happen. If the thoughts that run through your head are mostly negative, your outlook on life is more likely pessimistic.

Find another projects if your real estates career hits road blocks. I believed that there will always successful projects while going to your journey in the same real estates it depends in the location of the Project and how the emerging markets dominates. In Real Estates not all failures you will encounter there are always successful projects will take off unless it is national or international pandemic business will come into rock bottom.