Adam Milstein may have one of the most unusual pieces of advice for entrepreneurs. Milstein is the co-founder of Hager Pacific Properties, a real estate investment company that he has spent years managing and bringing in investor funds. His advice to other entrepreneurs is not to set specific goals but to do just do the best in any given situation because goals limit what he wants to do. He gave other tidbits of advice along with this one in an interview with Ideamensch, an independent business blog of ideas and advice taken from business leaders.
Adam Milstein said he got the idea to start Hager Pacific Properties along with his friend David Hager while at graduate school. He wanted to do things in the real estate industry that nobody else was currently doing, and he believes if nobody else has done something that he wants done, he should take the initiative to do it himself. One of the most important areas of his work is philanthropy, a passion of his which he’s devoted to helping Jewish-American communities build bridges to each other, and helping Jewish families learn the important things about their heritage. The Milstein Foundation which he started with his wife also publishes Hebrew materials through Sifriyat Pijama B’America.
Adam Milstein was born in Israel in 1952, just four years after the nation-state had been recognized by the US and its allies. Adam’s father was a building framer, and as a young boy Adam relocated a few times with his family when his father’s work took them across the country. He served in the Israeli military for three years, including fighting in the Yom Kippur War under Ariel Sharon in 1973. He got his bachelor’s degree at the Technion, Israeli Institute of Technology in 1978. During that time he also married Gila Elgrably and had two daughters, and another after moving to the US.
Adam Milstein became Managing Partner at Hager Pacific Properties in the 1980s and founded the Milstein Foundation in the year 2000. He also helped start and became Chairman of the Israeli-American Council and is also on the boards of StandWithUs, Birthright Israel, Jerusalem U, Hillel International, Hasbara Fellowships and AIPAC. He is listed in the Jerusalem Post’s Top 50 Most Influential Jews list for 2016.