Every industry needs a role model. To prove this assertion, look at the real estate industry and relate it to the 2008 market crash. Then establish the number of entrepreneurs who survived the crash. Without a doubt, a few novice entrepreneurs managed to gain their footing after the recession. One of them is Hussain Sajwani, a man whose story is a direct reflection of from rags to riches.
Hussain Sajwani the DAMAC owner was born to Ali Sajwani, the owner of a retail shop. Over the years of running the business, he asked his son to join him. Later on, he would employ him to serve as the manager. Of course, he was young and barely understood all the dynamics of the business at that moment. But Hussain Sajwani the DAMAC owner was a responsible child. Moreover, he was passionate about business and that is why he gave it his best. Every time his father traveled overseas to import commodities, he would manage the shop. With time, he became the senior manager because he could manage the clients.
According to Al Jazeera, Hussain Sajwani the DAMAC owner enjoyed working with his father. However, he wanted to pursue formal education and establish his business. He attended medical school in Baghdad but dropped out because of a change of heart. Because he was smart in class, he applied for an education scholarship that saw him relocating to the United States of America. When he arrived, he joined the Washington University and majored in engineering. He also majored in economics. After graduating, Hussain Sajwani would join GASCO Limited. This company dealt with the supply of oil and gas. It was at that moment that his career took a different direction. First, he started a catering business that supplied more than 1,000 meals in a day.
In 2002, Sajwani (@hussainsajwani) established DAMAC Properties. The company provides commercial and residential real estate ventures to clients. With Sajwani’s leadership, the firm was listed in the London Stock Exchange Market. Besides, Sajwani the DAMAC owner has created a robust business relationship with the likes of President Donald Trump who is also a real estate guru.
Another latest blogpost related to Sajwani: http://www.alkhaleej.ae/