Adam Milstein is a real estate investor, a philanthropist and a leader in his community. He is a native of Israel, and he took part in the Yom Kippur War as a member of the IDF. He has earned his MBA from USC in America and had a career in Southern California in commercial real estate. He is currently a managing partner of Hager Pacific Properties which is a commercial real estate investment company.
The idea for Hagar Pacific came from his experience after he received his MBA where the job offers he was receiving were less that stellar, so he decided to venture out on his own in the Commercial Real Estate space.
He works a lot on his own because other people cannot see or understand his vision. He feels that in a lot of new ventures, you cannot rely on other people, so you have to do things for yourself. His overall methods are very straightforward and simple. To bring things to fruition, he pushes forward until they become a reality. Following up on everything on a daily basis is very important so that things don’t get lost in the shuffle.
When asked what he would do over and over as an entrepreneur, he stated that he always tries to understand the full issue himself, as he cannot rely on other people’s skills or opinions. He is adamant about being a part of the solution. He fully contemplates the problem and comes up with solutions.
Adam Milstein has also been asked what, if any failures he has experienced, has caused him to reconsider the methods involved he said that in real estate it takes a long time to succeed. When he was in school he was selling art to Israeli temples, and he bought a large amount of stock, hoping to make money very fast, but it didn’t work out that way. His lesson is that you must have patience and guide your business knowing it will take some time to be successful.
The one business idea that he feels is valuable to all people in business is to always follow up with every contact, as you miss 100% of all the shots that you fail to take.