Hussain Sajwani has built his reputation to become one of the most respected property developers. The entrepreneur founded DAMAC Properties in 2002, and since then, he has overseen the development of many projects from small hotels to prestigious projects like a golf course which was designed by Tiger Woods. His entrepreneurial spirit started when he was a young boy in his father’s shop. Today, he heads DAMAC Properties, one of the top real estate companies in the world.
The DAMAC owner studies Economics and Industrial Engineering at the Washington University. He was later employed as a finance executive in the Abu Dhabi Gas sector, but he left to pursue his entrepreneurial ventures. In 1982, he started a catering service which has grown to become an international business. It is called Global Logistics Ventures and serves reputable clients like the United States Army.
In an interview with IdeaMensch, Hussain Sajwani disclosed that in the business industry, he admires Jack Welch and follows his principles in his daily life. The DAMAC owner urged entrepreneurs to develop a habit of traveling as it will help them gain new points of view for their businesses. He also encouraged entrepreneurs to learn new skills and keep working on themselves.
Hussain Sajwani is intrigued by the advent of digital marketing through social media. During the interview, he said that online marketing had become a vital part of marketing as it allowed business to communicate with their clients efficiently and at any time. Hussain pointed out that he has subscribed to popular news alerts to keep up with what is happening around him and in the world.
The DAMAC owner believes that in failure, there are valuable lessons. He advised entrepreneurs to accept their failures and learn from them. He added that looking back; he appreciates every moment because it has defined the kind of person he is today. Hussain Sajwani is ranked as the fourth richest person in the world by Forbes with a net worth of around $ 4.1 billion.
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