One of the requirements of doing well in business is being able to read the future and act before it acts on you. Hussain Sajwani, the owner of the DAMAC Properties, says that this is how they have been able to escape many storms and dominate their market. The DAMAC Premises is the leading real estate firm in the Middle East, CIS and Africa.
Hussain Sajwani says that they are among the few firms that survived the financial crisis. He says that this is because they saw it and accepted it was coming and stayed prepared. The same thing happened in 2008, many real estate firms opened, and the sales of the firm were affected. Hussain Sajwani says that they concentrated on their delivery, which helped them regain their dominance in the industry.
The real estate is unpredictable. Hussain Sajwani, the DAMAC owner, says that the prices of property today is different from the prices of property tomorrow. He says that one has to grab the opportunities they come across before it’s too late. What may be affordable today may not be afforded the next day.
Hussain Sajwani draws his inspiration from the face of Dubai. He says that he brings his ideas to life by imagining how Dubai will be like 20 years from now. When he feels an idea is valid, he gives it all his energy to bring it to reality. He also travels around the world to see other designs. Sajwani also says that he reads historical books to top up his knowledge.
According to roayahnews.com, experience makes us feel like if we did something differently, things could have turned out better. However, for Hussain Sajwani, he believes that who he is today is a series of the decisions that he made in the past years. He wouldn’t want to change anything even if he went back in times.
Other investors should learn this from Sajwani. The failures that we face along the way are lessons to sharpen us. Learn to embrace your entrepreneurship journey and avoid regrets. Mistakes help you learn better ways to do something next time: it is all part of the process.
Taken from this source: https://www.albayan.ae/economy/local-market/2018-02-12-1.3184075