Newbie Build Question

[Bruce]

I'm having a blast learning PIR but my Ubuntu distro only had Parrot
0.4 and I wanted the latest. I decided to install Parrot from the svn
source. I followed the instructions for downloading and configuring. I
went the extra mile and ran make reallyinstall. Now I get the error

error while loading shared libraries: libparrot.so.0.7.1: cannot open
shared object file: No such file or directory

I can see the file in /usr/local/lib
Also the binary in my original build directory works fine e.g. ~/
parrot/./parrot executes without errors.

My apologies if this is the wrong forum for these questions, but I
didn't have any luck googling for a solution.