Adam was born in Haifa, Israel. His father was a property developer, having emigrated from Israel to Argentina. In 1971, Adam enrolled in the mandatory service in the Israeli army. He later joined the Technion, where he attained a Bachelor’s degree in Business and Economics. After graduating, he worked with his father in his real estate venture. He moved to the US, where he received a Master’s degree in Business Administration from the University of Southern California.
Milstein is a managing partner at Hager Pacific Properties, a real estate firm that acquires, moves, and rehabilitates individual and corporate properties. His family runs the Adam and Gila Milstein Family Foundation, a philanthropic organization that sponsors students of Jewish origin. He also chairs the Israeli-American Council, the largest Jewish organization in the USA. Adam is a member of numerous boards such as StandWithUs, Birthright Israel, Hasbara Fellowships, and much more. In partnership with his wife, they provide free Hebrew-written books monthly to several Israeli families living in the US.
Adam developed the idea of Hager Pacific Properties while pursuing his Master’s degree. He stated that many companies came to the college looking for recruits to employ. However, he felt that their remuneration offers did not match his skills. Some were offering much less than what an undergraduate earns. Adam, therefore, decided to employ himself, starting out as a commercial broker in real estate. His boldness paid off, and after three prosperous years as an agent, he became an investor in real estate.
To increase his productivity, Adam upholds three values; follow-up, consistency, and persistence. He also encouraged entrepreneurs to understand the problems they face and find solutions without relying on others. Additionally, he said that investors should avoid listening to critics and work as hard as they can.
According to Milstein, investors should not expect huge success within a short time. For a venture to start making significant profits, it takes time and hard work. He attributed the failure of many start-ups to expectations of significant returns in a short period.
In conclusion, Adam reiterated the importance of follow-ups in gaining new clients. He also recommended Constant Contact, software used for managing multiple contacts.