The success of a company is dependent on factors such as the organization’s leadership. A good leader should have qualities such as being knowledgeable about the company’s operations as well as the target market. An example of a good leader is CEO Hussain Sajwani, the chairman of DAMAC Properties. After the founding of DAMAC Properties in 2002, Hussain Sajwani has done a remarkable job as the company’s chairman. He has fueled the growth of DAMAC Properties by coupling up his entrepreneurial skills together with his exemplary leadership skills. DAMAC Properties is the leading real estate company in Dubai, courtesy of Hussain Sajwani’s input.
Hussain Sajwani was his father’s apprentice. His father- Ali Sajwani was a businessman. Even though he was not a renowned businessman, he was endowed the necessary entrepreneurial skills that in handy when enhancing the growth of a business. Instead of heading home after school hours were over, Hussain Sajwani would visit the family shop. While at the shop, Hussain Sajwani would get some practical experience about what it takes to run a business. The hands-on experience coupled with the lessons from his father would not go down the drain. At first, Ali Sajwani proposed that Hussain Sajwani would one day run the family shop; nevertheless, Hussain Sajwani did not concur with his father’s decision.
Eventually, Hussain Sajwani went abroad to study at the University of Washington. A government scholarship made all that possible, and he was fortunate enough to graduate with a degree in Industrial Engineering and Economics. GASCO hired Hussain Sajwani, and he was accorded the contracts manager position. The company was paying well, and Hussain Sajwani saved enough money that would help him found his first business after handing in his resignation two years later. After carrying out a proper evaluation, Hussain Sajwani (@HussainSajwaniOfficial) tapped into the potential that was present in the catering industry. He offered his services to clients such as the U.S. Military among other well-paying corporations.
Throughout the years, Hussain Sajwani was gaining more experience in entrepreneurship. The entrepreneurial lessons from his father also paid off eventually. Hussain Sajwani never ceased to get ahold of other investment opportunities. Foreigners were now allowed to own property in Dubai, UAE as from the early 2000s. Hussain Sajwani evaluated the Dubai real estate industry and saw that it was underdeveloped. He invested a lump sum amount of money in the real estate sector by first founding DAMAC Properties. The company has significantly impacted the Dubai real estate sector by providing clients with luxurious and glitzy apartments. The company’s unique property designs were also intriguing to most clients. Despite being a corporate individual, Hussain Sajwani also engages in social accountability. His donations to multiple charities have come a long way in benefiting many needy individuals.