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Growth Through Opportunity: How George Hamboussi Jr. Thrived in New York Real-Estate Law

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George Hamboussi Jr. never thought he would get into real-estate law. Coming from a family in the real estate business, the young lawyer decided that when he graduated from the University of Buffalo, he would set his sights on corporate law instead. This is what he landed his first job in, and that was the plan for his first year out of school.

However, being the helpful son that he was, he began assisting his father whenever his real estate business required a lawyer. He came to his father’s aid enough that people began asking him if he was in real estate himself. He always said no, but it just kind of snowballed from there. Soon, Hamboussi Jr. quit his job to start his own law firm, and this is where he truly began embracing the world of real estate law.

George Hamboussi Jr. knows how hard it is to make it in New York City. As a small business owner and a representative of landlords through hard times like COVID-19, he knows well that failure is more than possible in the big city. Thankfully for Hamboussi Jr., he entered New York at the perfect time.

It was around fifteen years ago that Brooklyn’s Chinatown boomed, and around fifteen years ago that Hamboussi Jr. opened his first office. The young lawyer decided to lean into this happenstance, at a time when Chinese Americans and other Asian Americans were purchasing and renting around this neighborhood. He introduced himself to the community, presented himself and his business. He was featured on SinoVision, a Chinese-language television network based in Manhattan, and promoted on loop. It was around this time that he also began representing a builder of condominium units in the area, which helped put him on the map even further as a real estate lawyer.

This all put Hamboussi Jr. in a fantastic position during one of the worst economic crises in American history. While the recession of the aughts was hitting New York City and the country as a whole incredibly hard, Hamboussi Jr. was opening a second office in Manhattan, larger space in the heart of the city’s business district.

His firm’s expansion only increased. A third office came on the suggestion of some real estate brokers, who came to them with a proposition: if Hamboussi Jr. and his team could represent them regarding purchasers who spoke Spanish or Asian languages, the office would be provided in their package. Since Hamboussi Jr. surrounded himself with employees who speak Mandarin, Cantonese, or Fujianese, and since he himself speaks fluent Spanish, this was a deal that was possible for his firm to uphold. Suddenly, Hamboussi Jr. gained yet another location, and he found himself going from office to office each day, serving more and more clients as the years progressed.

“Even without thinking about growing,” Hamboussi Jr. explained with a laugh,” it just happened through opportunity.” His law offices became so bustling with clients and employees alike, that he began working from home each Thursday as a way to escape from the bustle of everything.

Hamboussi Jr.’s story represents well the key to growth: putting oneself out there, and letting the contacts you develop to guide your business to success. Business owners must advertise themselves in the best way possible, and integrate themselves into the communities they serve. Hamboussi Jr. got where he is because he was fantastic at positioning his services. It only took a small amount of force, but that single push helped start a snowball effect, where word-of-mouth and results-driven business helped propel him to lengths he never thought possible.

To contact George Hamboussi Jr., email ghjrlaw@gmail.com or call his office at (718) 439-4512.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

The Ultimate Guide to the Essential Social Skills in Business

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Effective communication and strong relationships are essential for success in the workplace. One factor that can greatly influence these qualities is emotional intelligence, often abbreviated as EQ. EQ refers to the ability to identify, understand, and manage one’s own emotions, as well as the emotions of others. Research has shown that individuals with high levels of EQ are better equipped to handle stress, communicate effectively, and work collaboratively with others (Chamorro-Premuzic & Sanger, 2016).

Research has consistently shown that emotional intelligence (EQ) is an important predictor of job performance and success in the workplace. EQ is comprised of a set of skills that allow individuals to recognize, understand, and regulate their own emotions, as well as the emotions of others. In addition, individuals with high EQ are better able to communicate effectively, build relationships, and navigate complex social situations. As a result, they are often viewed as effective leaders and collaborators, and are more likely to achieve their personal and professional goals.

In fact, a number of studies have demonstrated the significant impact that EQ has on job performance and success. For example, one study of 85 upper-level managers found that those with higher EQ scores were rated as more effective leaders by their subordinates (Law, Wong, & Song, 2004). Another study of 151 employees found that those with higher EQ were more likely to be promoted within their organization over a five-year period (Carmeli, Brueller, & Dutton, 2009). These findings highlight the importance of EQ in the workplace and suggest that developing these skills can lead to significant benefits for both individuals and organizations.

According to a study conducted by TalentSmart, a leading provider of EQ assessments, EQ is responsible for 58% of success in all job types (Bradberry & Greaves, 2009). In contrast, IQ only accounts for about 4% of success in the workplace. This suggests that EQ is a crucial skill set for individuals in any professional field. Fortunately, EQ is a skill that can be developed and honed over time with practice and awareness.

There are several key components of EQ that are particularly important for success in the workplace. These include: 

Self-Regulation: This refers to your capacity to recognize and control your emotions. Sometimes treating them when they arise may be necessary. Understanding how to manage your anger is essential. However, it can also cover how to control the feelings you’ll experience.

Self-Awareness: This implies recognizing and understanding your own feelings. Do noisy places make you nervous? Do other people talking over you make you angry? Knowing these truths about yourself shows that you are working on your self-awareness. Being conscious of yourself is necessary for this phase, which can be more complex than it sounds.

Socialization: This category focuses on your capacity to manage social interactions and direct relationships. It doesn’t entail dominating others but knowing how to work with others to achieve your goals. This could entail presenting your ideas to coworkers, leading a team, or resolving a personal disagreement.

Motivation: Strong motivators include external forces like money, status, or suffering. Internal motivation, however, plays a significant role in Goleman’s concept. By doing so, you demonstrate your ability to control your cause and initiate or continue initiatives of your own volition rather than in response to external demands.

Empathy: It’s equally critical to be sensitive to others’ feelings. This may entail learning to identify different emotional states in individuals — for example, can you tell the difference between someone at ease and someone anxious? — but it also requires comprehension of how other people may react to their current situation. Empathy is one of the essential traits in business and business leadership.

A thought leader in this space, Michael Ventura has built a career advising organizations on the importance of emotional intelligence in the workplace. In his book, Applied Empathy, Ventura highlights the value of empathy in business and provides strategies for developing and applying this skill set. With two decades of experience as a leader, facilitator, and educator, Ventura’s work has made impact in with prestigious institutions such as Princeton University and the United Nations as well as corporate clients such as Google and Nike.

Through his work, Ventura advises leaders to focus on the development of EQ in order to help individuals improve their communication, collaboration, and leadership skills, ultimately leading to greater success in the workplace. Experts like Ventura continue to support the growing body of research on the value of EQ in business, and the evidence that organizations who invest in the EQ of their teams help to create a more empathetic and successful professional environment.

And it’s worth noting that EQ isn’t just important for individual success in the workplace, but also for overall organizational success. A study by the Center for Creative Leadership found that EQ was a better predictor of success than IQ or technical skills in the workplace, and that teams with higher levels of EQ tend to be more effective and productive (Boyatzis, Goleman, & Rhee, 1999). By cultivating a culture of empathy and emotional intelligence, organizations can improve their overall performance and create a more positive work environment for their employees.

In conclusion, emotional intelligence is a crucial component of success in the workplace, and individuals and organizations alike should prioritize the development of these skills. The ones that do not only develop a leading edge in their category, but also become a meaningful place to work for their teams. And in today’s rapidly changing talent landscape, the retention of highly capable, emotionally intelligent leaders is one of the greatest keys to unlocking success.

References:

Boyatzis, R. E., Goleman, D., & Rhee, K. S. (1999). Clustering competence in emotional intelligence: Insights from the emotional competence inventory (ECI). In R. Bar-On & J. D. A. Parker (Eds.), Handbook of emotional intelligence (pp. 343-362). Jossey-Bass.

Bradberry, T., & Greaves, J. (2009). Emotional intelligence 2.0. TalentSmart.

Chamorro-Premuzic, T., & Sanger, M. N. (2016). Does employee happiness matter? Journal of Organizational Effectiveness: People and Performance, 3(2), 168-191.

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