Hussain Sajwani worked after school as a boy for his father in the family store in Dubai. The store sold Chinese imports, consumer goods, and office supplies. Hussain mentioned to his father that he certainly would not be interested in being self-employed because the hours were too long. He would much rather get a degree and become a professional so his hours would be more regular.
As things worked out Hussain Sajwani did go to college in the US at the University of Washington where he earned a degree in engineering and economics. He then returned to Dubai where he was employed by a Dubai gas company.
Even though his sentiments as a boy where he told his father he wouldn’t enjoy being self-employed, Hussain did have quite a sense of working for oneself as he certainly learned a lot about business in general by working with his Dad. The job with the gas company did not last very long when Hussain formed a catering company that furnished food to the US Army in the Gulf Wars during the early nineties. This venture was a tremendous success and established a foundation for Sajwani’s future endeavors.
In 2002, Sajwani established DAMAC Properties, a real estate management and development firm. He had correctly surmised that when the UAE lifted the restrictions on foreigners immigrating to the country, there would be a boom in real estate and land sales. He did not want to miss the opportunity. DAMAC Properties was to become the foundation of all things good and prosperous for the Hussain Sajwani family.
Sajwani started things off with a really fast start, as his very first project was totally sold out before the construction of the project had even begun. He was a brilliant promoter and marketing guru and became well-known for his innovative advertising strategies and tactics. One of his favorite slogans was, A New Bently With Each Apartment.”
This approach and others worked so well that soon, the DAMAC owner had made the brand well-known all throughout the country. DAMAC has sold to date, 19,000 apartments with another 44,000 in varying stages of completion.
To learn more, visit http://www.hussainsajwani.com/.
Scott Rocklage, Ph.D., became a member of 5AM ventures in the year 2003. where after one year, he assumed the role of Managing Partner. He has a long working experience in the management of the healthcare industry which spans over 30 years. Dr. Rocklage’s leadership role has led to the approval of some medicines by the Food and Drug Administration (FDA). These drugs include Teslascan, Omniscan, and Cubicin. Rocklage has offered his corporate management services to numerous organizations in the health sector. They include Relypsa, Cubist Pharmaceuticals, Catalytica and Salutar and Nycomed Salutar.
The Academic background of Dr. Scott Rocklage is also very rich. He has earned his degrees from two Universities that are well renowned in the US and the world over. Rocklage graduated from Berkeley’s University of California with a degree in Bachelors of Science. He would later earn a doctorate in Chemistry from Massachusetts Institute of Technology (MIT) in Boston. Rocklage says that he was among the very few lucky students who had the honor to use the Richard R. Schrock’s lab to conduct their research work. In 2005, the man for whom the lab is named after, Richard R. Schrock, won a Nobel Peace Prize for his contributions to Research and Chemistry.
He also served as the Board Chairman at Novira and Relypsa. While at Cubist, Dr. Rocklage served as the Board of Directors Chairman and CEO. Cubist is a company that deals with pharmaceuticals. Dr. Rocklage also held positions in the development and research departments in Catalytica and Salutar. He serves as board chairman in three other firms including Kinestral, Rennovia, and Cidara. Rocklage has in the past served as a Board of Directors chairman with Executive powers for three separate organizations including Ilypsa and Semprus.
Rocklage has contributed to more than 30 patents in the United States and published numerous research papers. He sits on the Associates Board at Whitehead Institute and spends most of his time in Boston, Massachusetts where his offices are located. Whitehead Institute is a non-profit research and educational facility for research in the field of biomedicine. Dr. Rocklage’s achievements have earned him a special place among the renowned personalities in research and the healthcare industry in the US and around the globe.
Visit http://5amventures.com/team/scott-m-rocklage-phd/ to learn more.