Adam Milstein on the Practice of Giving Back

Adam Milstein is a well-known philanthropist, real estate broker and community leader. Born in Israel, he came to the United States in 1981 where he earned a business degree from University of Southern California. He began his career in Community Real Estate in 1983, when he opened his own business. He is the co-founder of National Chairman of Israeli- American Council and on the board of Israel on Campus. Adam Milstein serves as a managing partner at Hager Pacific Properties, a private real estate investment firm. He was recently interviewed for Idea mensch.

Milstein recounts that when he was pursuing his MBA at Southern California, he felt the sting of interviewers not appreciating his world view or experience. He says that companies offered him the pay that undergraduates got. Instead of becoming bitter, he struck out on his own and soon found success on his own terms.

A typical day for Milstein doesn’t exist. He explains that every day in the world of business is different with ups and downs and changes. As his assets grew, he became more structured in the organization of his company. He also says that becoming involved in philanthropy gave new meaning to his work.

Adam Milstein credits his tenacity and follow up for his success in business. He says that you can’t let things fall between the cracks. Milstein pushes himself to make ideas come to life and he doesn’t leave tasks to other people; he’d rather do it himself. When asked what the best $100 he has spent recently, he answered dinner with his children and wife. Nothing can compare to that.

If Adam Milstein admits to one mistake, it is trying to make it to the top…fast. He says in the beginning, he wanted to capture everything all at once and achieve his dreams. Success takes time and dedication. Especially in the real estate business, where supply often lags behind the demand side, for years. You must have patience and persistence. He believes these qualities are what set him apart from his competitors. Adam Milstein is a successful businessman who has learned that giving to others is the real key to happiness.