Adam Milstein is a Jewish businessman who works in the real estate industry. On his interview, with Ideamensch, Adam discusses what led him to real estate and how he has became so successful in the field. Below are some of the questions and answers from the interview.
Ideamensch began the interview by asking Adam Milstein how he ended up at his current job as a managing partner at Hager Pacific Properties, which is a real estate development company. Adam’s response was that he originally came to the United States to pursue a master’s degree. He successfully got an MBA in business from USC. Not satisfied with the job offers he received, Adam decided to pursue his own career as a real estate broker. Eventually, after years of hard work and determination he landed a job as a managing partner at Hager Pacific Properties. There he oversees hundreds of different properties and investments.
Mr. Milstein was asked about a trend in the real estate industry that has him excited. His response was that real estate is like a game of ups and downs. Supply almost always lags behind the demand at first. Then, when often happens is that the supply exceeds the demand. This leads to a high market where prices rise, and then a lower market where prices fall. Such a trend is exciting to watch and requires a person to be patient and invest wisely in order to see a return from real estate.
Adam Milstein was asked if there was a strategy that helped him to thrive in his business. His response was by not setting any specific goals. He said they limited him from achieving his best. Adam Milstein says to simply try and do your best and don’t place barriers in the form of artificial or unrealistic goals in front of you. If you work hard enough and are driven, then you should succeed. It may take time, but patience especially in the real estate sector pays of handsomely. Adam also says that by ignoring criticism, especially in the first few years helped him develop confidence in himself and his skills.