The one quality that separates the true investors from the rest of the people is their ability to see a gap in the market and their innovativeness in filling that gap. To be successful as an investor, you also have to be willing to do some gambling. When you have done your due diligence, knowing that there is still a chance of failure in whatever initiative you are taking part in gives the investors that fear factor that they need to be successful in business.
Jason Halpern started his investment journey several decades ago working for his father’s real estate company. He decided to quit and go work on his own company a few years later. He is now one of the most sought after developers and his busy schedule includes travelling from New York to Miami on an almost daily basis. The company that he started with a meager capital bse is now worth half a billion dollars.
He has made collaborations with several other businesses to create real estate property. These include his current project to take the Wild Turkey Bourbon and make condo units out of it. The deal is to try and get 338 condos out of the project. Another project that he was part of is the conversion of the Madison Heights Cinema into condos, a project that was done in conjunction with Madison. The madden real estate company is another partner that he has invested with in the past.
He admits that failing is part of the investment process. He gives an example of a time that he thought a deal had come together only for it to fall apart at the eleventh hour, costing him a lot. He says that the mistakes have helped him be sharper in business and to always hope for the best while expecting anything.
Jason Halpern with Wife
Jason comes from a home of real estate developers. When he is not busy at work he likes to relax with his family and other friends and business associates. The success that he has had in real estate makes him very smart investor.