The best advice is not from people who have read about being successful in business but from those who have experienced the business. They teach us the things that we need to avoid to incline the odds of winning on our side. Adam Milstein is among the people that we can learn from to become better investors.
Adam Milstein is the managing partner of the Hager Pacific Properties. He says the reason he declined employment is because he realized that the people offering the opportunities did not value his education and knowledge. He knew his worth, and he couldn’t let himself get less than what he deserved. He, therefore, became a real estate broker, and later upgraded and stood by himself.
Adam Milstein says that he puts in hard work to see that the firm grows. He adds that relentless focus is also an essential ingredient in success. He also ensures that he does not become overly independent of other people. This means that although he delegates duties to his team members, he is careful not to let their incompetence ruin him. He takes responsibility and does the work himself in the cases where there delays and do the job himself.
As we grow, we make mistakes in our career. It is through this mistakes that we get to become better at what we do. Adam Milstein has had his share of low times in his journey. He explains that he was selling arts to the temples. He realized that he was getting high returns and there was enough market for his products. He made a rational decision driven by greed and invested all his money in the business to get high returns. It never turned out as he expected, and it took him a very long time to recover.
Adam Milstein advises the young business persons to be patient with their journey. There is no need to rush and lose everything in a fortnight. The process is important as it helps you learn other ways to handle situations. Take time to come up with a great strategy and follow the plan through to get to the end goal.