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Anwar Faisal, owner of Alpha Management Corporation, is calling for more mentorship and practical guidance for young entrepreneurs as new business owners face rising costs, changing markets, and growing pressure to succeed quickly.

Faisal, a Boston-based real estate entrepreneur and philanthropist, believes mentorship can help young founders make better decisions early in their careers. His message is simple: business success is rarely built alone.

“When I bought my first property in 1984, I had to learn many things by experience,” said Faisal. “Experience is a strong teacher, but it can also be an expensive one. A good mentor can help you see problems before they become bigger.”

Faisal purchased his first property, a 590-square-foot one-bedroom apartment, one year after earning a master’s degree in communications from Boston University. That small investment became the starting point for Alpha Management Corporation, which later grew into a large residential real estate portfolio across Greater Boston.

Looking back, Faisal says he wishes more experienced business owners had been available to help him understand the early lessons of entrepreneurship.

“Young entrepreneurs need more than motivation,” said Faisal. “They need honest advice. They need someone who can explain what really happens after the first idea.”

Mentorship remains an important issue for new business owners. According to the U.S. Bureau of Labor Statistics, about one in five businesses do not survive their first year, and roughly half do not survive five years. SCORE, a nonprofit resource partner of the U.S. Small Business Administration, has reported that entrepreneurs who work with mentors are more likely to start businesses and report stronger growth.

Faisal says those numbers show why mentorship should be treated as a serious part of business development, not just a nice extra.

“A mentor cannot do the work for you,” he said. “But a mentor can help you ask better questions. That can save time, money, and stress.”

Faisal’s own career began long before he entered Boston real estate. Born in the Gaza Strip, Palestine, he studied at Ain Shams University in Egypt before working in Saudi Arabia’s construction industry. He later moved to the United States to continue his education and build a new life.

Those experiences shaped his view of business as a long-term process.

“When you start over in a new country, you learn to be patient,” said Faisal. “You learn that every step matters. That is also true in business.”

For young entrepreneurs, Faisal says one of the biggest mistakes is expecting fast success. He believes founders should spend more time learning their market, understanding customers, and building strong habits before chasing rapid growth.

“Big ideas are important,” he said. “But big ideas need discipline. They need daily work.”

Faisal is encouraging experienced entrepreneurs, executives, and local business leaders to share their time and knowledge with younger founders. He says mentorship does not always need to be formal. It can start with a conversation, a phone call, a local business group, or a willingness to answer questions.

His call to action is focused on practical steps people can take in their own communities.

Experienced business owners can offer office hours, speak at local colleges, volunteer with entrepreneur programs, or guide one young founder through a specific challenge. New entrepreneurs can seek out mentors through business associations, community organizations, alumni networks, and free resources such as SCORE and Small Business Development Centers.

“Mentorship is not about telling someone exactly what to do,” said Faisal. “It is about helping them think clearly before they make important decisions.”

Faisal also believes mentorship can help entrepreneurs develop stronger values. In his own life, business growth has been connected to community responsibility. He has supported schools, hospitals, religious institutions, The Boston Islamic Seminary, and The Palestinian Cultural Center for Peace. He has also funded the development of two mosques in Brighton.

“Success should help more than one person,” said Faisal. “If you learn something valuable, you should pass it on.”

As more people consider entrepreneurship, Faisal hopes mentorship becomes a larger part of the conversation. He believes young founders need access not only to capital and ideas, but also to the wisdom of people who have faced uncertainty before.

“A business can begin with one small step,” said Faisal. “Mine began with one small apartment. But the right guidance can help that step become something much bigger.”

About Anwar Faisal

Anwar Faisal is a Boston-based real estate entrepreneur, philanthropist, and owner of Alpha Management Corporation. Born in the Gaza Strip, Palestine, he studied at Ain Shams University in Egypt and earned a master’s degree in communications from Boston University. In 1984, he purchased his first property, a 590-square-foot apartment, which became the foundation for a large residential real estate portfolio across Greater Boston. Faisal’s work has focused on student housing, community support, education, and philanthropy.

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