Joint venture projects are a powerful way to bring together individuals with different skills, resources, and expertise to deliver a successful outcome that would not be possible individually.
WELCOME TO SEASON 5 | EPISODE 26
The Power of Joint Venture Projects and How to Choose the Right Architect
COLLABORATION AND CHALLENGES GO HAND IN HAND
One thing I love working on here at BuildHer is putting together joint venture projects. The collaborative nature of joint venture projects allows for the sharing of ideas and the ability to tackle larger and more complex projects. We have several of these projects in progress at the moment and I wanted to go over them in today’s episode to share the unique challenges and insights that this type of project creates.
IN THIS PODCAST WE ARE TALKING ABOUT
One of the key things to consider when embarking on a joint venture project is the architect you’ll be working with. The architect plays a significant role in shaping the vision and design of the project, so it is essential to find an architect who understands your goals, shares your vision, and can deliver on your expectations. In this episode, I share our process for choosing an architect and the different things we consider when making that decision.
First, it’s crucial to make sure your architect understands what you want to achieve and that they will be able to deliver on that vision. The best way to know this is by looking at their past work. Also, building projects come with tight timeframes, so it is essential that you and your architect are able to coordinate your efforts so things get done efficiently.
Another important step is ensuring you and your architect have good communication. You need to be on the same page about whether you want a client-led project, an architect-led project, or a collaborative process. If you aren’t aligned here it could cause countless problems for you throughout the process.
If you love the idea of getting a project up off the ground but you don’t have the finances or know how to do it on your own, maybe a joint venture is something worth considering. Things are always more fun when you have a community surrounding you!
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