When looking for specialist support in the property development sector, the terms training, mentoring and consultancy are often used interchangeably. 

This is often to the detriment of the person looking for guidance, as they might find themselves on a training course that is too advanced for their needs, or learning about concepts that have no real world application. 

In short, they aren’t the same thing, and understanding the difference between these different levels of support can make a huge difference to your career development. 

In this short guide, we’re exploring the differences between these main types of property development career support. If you’re exploring your options, this guide should help to demystify the process of selecting the right level of support for your current objectives.

Training, mentoring and consulting explained

The easiest way to understand the difference between these different levels of support would be to imagine you are on a ship at sea. Your vessel hits a rough patch of sea, but not everyone on board is trained to manage this.

If you opt for training, this means teaching the crew how to read a map and navigate the ship to safety.

If you opt for mentoring, this means having an experienced sailor on board to share stories of how they have navigated similar challenges in the past.

And if you opt for consulting, this means having an external navigator take the wheel and guide the ship and crew to safety.

In this scenario, teaching the crew how to navigate won’t be much help if what you really need is someone to take the wheel.

In property development, it’s common to come up against road blocks and obstacles that hinder your progress. In order to move forward with confidence, finding the right guidance is essential. 

No matter what stage you are at in your property development journey, Jerome Roith can help. This isn’t through mass-market training delivered through online training modules. Instead, you get direct access to Jerome as he imparts wisdom from his decades-long career.

Training explained: who is this for?

Training is for new entrants into land and development. They will likely have some experience in the sector, whether it be through HMO’s, BTL or other investment based property strategies.

This is not an introductory course; it’s a stepping stone towards more confidence, the right mindset and the knowledge needed to succeed. It also introduces Jerome’s 10 Core Principles which he uses to assess opportunities and structure deals. Attendees will also have the opportunity to learn from industry-leading speakers, allowing them to expand their network as they gain valuable insight. 

Training also includes a period of support and accountability after the two-day intensive training course, along with access to all training materials. You can embark on this journey alone or with your business partner.

Mentoring explained: who is this for?

Mentoring is specifically for property developers that have a “live” development or multiple projects on the go and need an experienced individual to ensure the project makes a profit. It also gives developers complete access to Jerome’s network of advisors, which is a powerful resource in itself.

There is a minimum 12-month commitment, after which time the mentoring may continue with mutual agreement. Weekly or monthly accountability check-ins will keep you on track with your pre-determined objectives. This is not only about enhancing your knowledge and increasing your confidence, but also about instilling the kind of mindset that will set you on track for success.

Consultancy explained: who is this for?

With development consultancy, Jerome can be parachuted into a project at any point of the process from site acquisition. This is commonly to help advise on aspects such as raising finance or securing pre-planning advice.

This level of support is ideal for those who want to elevate their careers and take on bigger and more ambitious projects. Bringing in someone with more experience in the sector can give you the mindset shift required to push projects over the line and realise your ambition.

Ready to take the next steps?

Book a consultation call today to learn the next steps and find out if you could be a good match for training, mentoring or development consultancy.