Adam Milstein was born and raised in Haifa, Israel. He is the son of Hillel Milshtein and Eva Temkin. His father was a real estate developer while his mother was a homemaker. When he was 19 years, he joined the Israeli Defense Forces and served during the 1973 Yom Kippur War.
Afterward, he enrolled in the Technion- Israel Institute of Technology where he eventually graduated with a Bachelor of Science degree in business and economics.
When he was doing his undergraduate studies, Adam wedded Gila Elgrably in 1974, and they relocated to the United States seven years later. Adam has two daughters who were born just before the family moved to the US.
Adam Milstein’s brilliant rule of his entrepreneurial life is to have a deeper understanding of the issue at hand and not to rely on people. He advocates comprehension of a problem.
A strategy that helped Adam Milstein achieve his goals and grow his business was to not specific targets. His view on specific goals is that they would limit his potential.
Adam Milstein has a certain blend of attributes that have enabled him to grow his business and gain huge profits. One of these is hard work. As with any other industry, there is no substitute for a high work ethic.
Patience in the industry is also vital. One thing that made Milstein fail a couple of times when he was an upcoming entrepreneur was expecting a big return in a short period.
A common practice many people do is putting all their capital into one venture and expecting it to bring them great returns quickly. It is not advisable to put all your eggs in one basket. Learn more about more Adam Milstein: http://www.jewishjournal.com/giving/article/adam_milstein_leading_by_example
According to Adam Milstein, the road to success is not the quick one but the long one. A moment in his life when this occurred was when he successfully sold art in temples in Israel then proceeded to invest all his revenue buying an enormous amount of inventory. The purchase did not work out well for him.