Hussain Sajwani Soars from Grass to Grace

Hitting of investment goals is exclusively dependent on how you become sure about pursuing your desired success. In many cases, the way to success may come with numerous setbacks that may result in a fall. However, when the fall is treated as a pointer that opens the way for a more significant success, people bounce back with astounding strategies that direct them to unlock their dreams. If in doubt, Hussain Sajwani’s interview is a perfect example that through thick and thin, success is possible.

 

Marking his Humble Starting Point

For Hussain Sajwani, his small family shop was just ideal for his start. At the tender age of only eight years old, his life began taking definite shape. None could doubt that Hussain Sajwani was making the right path to unfolding a fruitful future for himself. With a great dedication as an ambitious little boy, he joined his father every day after school in the business. This was never a waste of time as many may have thought, instead, it was a little school of business which ameliorated the small boy into a leading global Arab business king. Today, Hussain is a business mogul who is transforming Dubai with luxurious buildings through his real estate company, DAMAC properties.

 

A Remarkable Ascent

Even though Ali Sajwani, Hussain’s father, had a small shop, the ambition that this small enterprise inculcated in Hussein Sajwani was immeasurable. Right after his studies at Baghdad, his exemplary performance won him a scholarship to the U.S. where he joined the University of Washington and graduated with Economics and Industrial engineering. Therefore, the combination of his study and family firm formed a solid base for him to pursue business. With no time to waste, Sajwani the DAMAC owner went back to Dubai and joined Abu Dhabi National oil for his first job in 1982. Two years later, after garnering adequate capital, he founded a hotel venture following the growing opportunity of population influx in Dubai. With the enabling environment that was set by the government in 2002, Hussain Sajwani founded DAMAC Properties. Today, the venture has developed into a company that constructs deluxe projects in the world top cities thereby becoming the fourth-placed most successful Arab firms globally.

 

Surviving the Crash

Like any other business, DAMAC Properties experienced challenges in 2008 when the market crashed. Hussain Sajwani, the DAMAC owner, suffered the most as his clients were adversely affected by the crash that pounced on their investments. Instead of succumbing to depression, he decided to recall his father’s words on business and impending losses. Therefore, like his father once taught him that in business there would be hurricanes in the form of unexpected and uncalculated loss, he took it upon himself to dedicate his company to successful business strategies that have worked for other established firms. As such, Hussain Sajwani the DAMAC owner overcame the crash. Currently, DAMAC Properties is a revered real estate firm that serves millions of clients.