Often described as a billionaire, Hussain Sajwani hails from the United Arab Emirates. He is the founder as well as the chairman of one DAMAC Properties, a global real estate developer that has set an impressive pace within the Middle East area. For those who aspire to delve into the real estate business, this is the ideal role model. Let us describe him in this article, shall we?
Background Check on His Life
Both parents (mother and father) raised Hussain Sajwani. As usual, in a typical setting of a modest family, a son is always trained to take up the roles of his father. As such, Sajwani was prepared to manage the business that his father owned. While in that business, the DAMAC owner learned to generate local purchase orders on time, interact with different clients and develop excellent people skills to handle employees and their team leaders in that order.
His Father’s Wishes
His father wished for his son to continue to serve in the retail shop. Nevertheless, Sajwani had other personal preferences when it came to business and education. Therefore, faced with the need to pursue his dreams, he decided to start off on a journey to success. Instantly, Sajwani stopped working in his father’s shop to join a school of medicine in his locality. Even so, the joy was short-lived when he decided to quit school in search of better options.
The first option the DAMAC owner set his eyes on was joining the Washington University and pursuing economics and engineering. While at it, he also doubled as a business scholar and learned to interact with his peers. At the same time, the DAMAC owner honed his listening skills by interacting with high-profile emerging entrepreneurs. With such interactions, he developed more enthusiasm for the business. Therefore, even after graduating and landing an employment opportunity at GASCO, an oil and gas company affiliated in Abu Dhabi, Hussain Sajwani focused on finding his way into sole proprietorship where he established a food catering business to serve the ever-growing demand for food in his locality.
More on his Business
Surprisingly, Hussain Sajwani’s business picked up at a very alarming rate that left his peers wondering what his trick was. Even so, the DAMAC owner did not slack as he had other plans to substantiate his resources by diversifying his capital. At that moment, the only other business he thought of as real estate where he invested in DAMAC Properties.
Lessons from Sajwani’s Humble Beginnings
From humble beginnings, Hussain Sajwani is now the head of a leading real estate business in the Middle East. Moreover, this company has in the past, developed from a higher point to the next and today, it is a market pioneer and leader in managing over 200 projects in Dubai and its environs.