How to get rich trump pdf
Very surprising things can happen, but you must—and I repeatmust— be open to them. He advocates faith over fear. Faith can overcome the paralysis that fear brings with it. I can remember a time when I had a choice to make, when I was billions of dollars in debt. I had to take one of two courses of action: a fearful, defensive one or a faithful, riskier one. I carefully analyzed the situation, realized what was causing the uneasy feeling of fear, and immediately replaced it with blind faith, simply because I had nothing else to go on at the time.
Then I resolved that as long as I remained positive and disciplined, things would work out. There was not much more I could do. Within a relatively short amount of time, the situation was settled positively. I learned a lot from that and have since had a better understanding of what courage really is. Without facing my own fear, I would not have known. When I think of someone who is tough, I also think of someone who has courage.
Another day can equal another chance. Sometimes, as obvious as it sounds, we really do have to take things one day at a time. Feed yourself some positive thoughts and you can take off at any time. Ever wonder what makes certain people keep going? Abraham Lincoln encountered a steady procession of setbacks, but he just kept at it. Nothing deterred him. The other extreme is the person who seems to run into obstacles with the unerring aim of a marksman. I knew a guy who was remarkably accident-prone.
Once, he was in such a slam-bang accident that he was hospitalized for six months before being completely patched up. Finally, the day of his release from the hospital arrived and it was decided that he should get an ambulance ride home, just to be on the safe side. As the ambulance was taking him home, it crashed into a car—another spectacular slam-bang accident.
My friend was immediately brought back to the hospital, in a new ambulance dispatched to the scene of the disaster.
What can I say? The altitude level of losers is so low that they should walk around in scuba gear all day. They are below sea level on the altitude map. How can I prove theborn losertheory to be correct? How can I defy the law of probability to make it anabsolutedisaster every time? How can I achieve a perfect record of total wipeouts? How far can I get at zero miles per hour?
How can I reach the lowest frequency possible? How can I operate so that radar could never possibly find me even if I get lost, which I probably will?
These people need a new speedometer. Get going. Move forward. Aim high. Plan for a takeoff. Change your attitude and gain some altitude. Start Visualizing Positively Positive thoughts will create positive visuals. Have you ever heard someone say I can justsee it! Give your higher self a chance once in a while by giving your possibility quota a boost. Keep a book of inspiring quotes nearby, so you can change a negative wavelength the moment it descends on you.
All Rights Reserved. Read Carl Jung I find reading psychology and self-help books useful. Reading his books can also be a good form of self-defense. Jung used the wordpsyche to refer to both the conscious and the unconscious processes. I first became aware of Jung through an acquaintance who had endured some extreme ordeals, yet he remained calm.
As a safety factor, I very often see other people as a revolver that could be pointed at me. They are the gun. I, however, am the trigger. So I speak and tread carefully. It can be something that happened when they were five years old. So avoid being the trigger, and the revolver will not be a threat. This synopsis of his philosophy made such an impact on me that I immediately started reading about Carl Jung. We are all evolving human beings, and being aware of this gave me a big boost toward maturity.
It also made me less inclined to be surprised by so-called aberrant behavior. I have to stress that I am not cynical, but I am aware. You have to know yourself as well as know other people to be an effective leader.
For me, reading the work of Carl Jung was a step in the right direction. If someone had told me in business school that studying psychology would be important for financial success, I would not have believed it. Start with his autobiography,Memories, Dreams, Reflections, and you will be in for a fascinating time while simultaneously fine-tuning your intuition and instincts.
You will also gain a technique for seeing into—versus reading into—the people around you. Believe me, this will serve you well on many levels. The wordpersona has an interesting root. It comes from the Latin word meaning mask. This, however, is not derogatory. Each of us has a persona. We need it for survival. For example, a salesman who has lost his entire family in an accident is, naturally, devastated. But to work effectively with his customers, he must appear cheerful and confident.
The only danger is when people become their personae. That means something has been shut off somewhere along the line, and these people will end up hiding behind the false personality that works professionally. As I am very much in the public eye, this hit home and I gave it considerable thought.
They see how hard I work. One person said I am very much like a Mormon, which I took as high praise. How To Get Rich Anyway, reading Jung will give you insights into yourself and the ways in which you and other people operate. Have an Ego As you know, this rule has been easy for me to follow. Having a well-developed ego, contrary to popular opinion, is a positive attribute.
It is the center of our consciousness and serves to give us a sense of purpose. I was trying to stir things up and provoke a reaction, but I later realized the basic idea is on target. The ego works to keep our conscious and unconscious aspects in balance.
Too much either way can be detrimental. No ego means very little life force, and too much means a dictatorial personality. Keep your ego in a healthy balance, for your own well-being as well as for those around you. Strive for wholeness. Understanding how egos work can be a great tool. Did you ever notice how you can deflate an opponent by simply saying, Yeah, whatever you say …?
By doing this, you are gently assuming a no-ego position, which disarms the other person while at the same time taking the wind out of their sails. It gives you the peace of mind necessary to allow you to concentrate on something more important than dealing with someone who is playing God. Your mind can build castles—just make sure the foundations are in place first. You, and the people around you, will be grateful for that. Keep Critics in Perspective In any job, you will be criticized at some point.
There is constructive criticism, and then there is destructive criticism. First of all, consider the source. If it does matter to you, take a few minutes to consider whether anything helpful can result from the criticism. Others can often see things that we have overlooked. Use their keen eyes to your advantage.
Critics serve their purpose. Sometimes they serve a larger purpose, and sometimes they serve their own purpose. Simon was nice enough to complimentThe Apprentice in an interview. I think [Trump] is superb on the show. As I said, Simon is a fair and honest critic, and I am a fan of his.
Everyone has an opinion. Think of their criticism as a compliment, proof of your significance. There are very few bona fide overnight success stories. Success appears to happen overnight because we all see stories in newspapers and on TV about previously unknown people who suddenly become famous.
But consider a sequoia tree that has been growing for several hundred years. He was young and unusual, but he had already been practicing the piano for close to twenty years. The amount of practice hours required to master an instrument is astounding, and also never ending. How do they do it? Every industry and profession has its bottom line for what is required to succeed.
If you hate to exercise, being an athlete is not for you. In business—every business—the bottom line is understanding the process. Part of the process is doing your homework. It brings to mind a funny image, but in reality it can be embarrassing. Not doing your homework can result in something analogous, so do a few things first to avoid this.
If something is not quite right with the design or construction of a superstructure, a lot of people could be injured or killed. Bottom line, it will be my responsibility. People see the finished product. Wow, a skyscraper! What goes into it is another story. A lot of lives are at stake in our work. If you are choosing a career, keep that in mind. What most holds your attention? Consider a pyramid.
Did you ever notice how large and solid the foundation is? Did you notice the carefully graduated levels that eventually lead to the pinnacle? Now turn the pyramid upside down. You start with the foundation—the stronger, the better. Know the limitations as well as the possibilities of everything you do. If those people have already spent a great deal of effort on their homework, why should they share it with you?
Listen to a Ping-Pong Game I learned a long time ago to listen, but to listen judiciously. You can learn a lot from the people around you—you just have to be discerning about the information that comes your way. Be aware of the marketplace. It gets in the way of my positive outlook on things. I once met a young woman from Hong Kong who worked on Wall Street in emerging markets.
She had an uncanny ability to predict certain events in the marketplace—it seemed almost like a psychic gift to me. One day, I asked her how she could be so on target in her work and she likened knowing and predicting the global markets tolistening to a Ping-Pong game. At first, I thought she was joking, or perhaps just being evasive, but she went on to explain her theory.
When I was growing up, we had a Ping-Pong table in the den, and I could hear the games my brothers would play, sometimes for hours, when I was studying in my room.
I discovered that I could discern the tilt of the paddle, and the outcome of the volley, just by the sound of the Ping-Pong ball being hit, and the sound of it landing on the other side of the net. I knew the results, the repercussions, and the recovery that would be required to successfully handle what had been dealt.
Later, I applied this to my work in emerging markets and found I could often predict what would be happening just by concentrating on world events and thinking of the sound of Ping-Pong balls being hit around the globe. Ping-Pong is really the reason behind my success. I was astounded. I must add that this young woman had all the education in finance that her position required. She was a bright student. What set her apart from everyone else was the way she applied her knowledge and her keen analysis of the game of Ping-Pong to her work.
She may even have done this on an unconscious level initially, but tapping into this resource gave her an uncanny edge. The lesson I learned from her story is never to underestimate the power of awareness. Find out what other people have done to succeed, and then be prepared to do ten times more.
There are no guarantees. Comparing ourselves to others is a waste of time. Well, Mr. Lucky has nothing to do with you, your possibilities, your success, or your failure. You may have already experienced defeat. That happens. It happens a lot! But the fact that you have aspirations to begin with is putting you on the road to success right now. Get to work! We seem to avoid quiet moments. Even lapses in conversation are quickly filled with banter or some kind of interference.
It made me realize how much I need a certain amount of quiet time—usually about three hours a day—in order to stay balanced. It also gives me material to feed my extroverted nature. For me, the early morning hours are best for this kind of reflection.
That will be my dinner. Now and then I like to read about philosophers—particularly Socrates, who emphasizes that you should follow the convictions of your conscience, which basically means thinking for yourself, a philosophy I tend to agree with.
I am grateful for the contribution Oprah Winfrey has made to our country in regard to reading. Since Oprah decided to do something about it, there has been a noticeable upswing in book sales, and writers are once again considered to be cool people rather than dinosaurs. I cannot thank Oprah enough for what she has done, and I hope every person in this country realizes the positive influence she has had.
I like movies and television as much as anyone else, but reading is a form of replenishment for me. The potato chips and pretzels help, too.
Dress for Your Culture I used to pride myself on buying very inexpensive suits and other clothing. Who would know the difference? The same is true for suits. These days, I go for Brioni, whose service and attention to detail is second to none. They supplied most of the clothing forThe Apprentice, so I have tremendous loyalty to them and I got a good deal. They also make great overcoats. The way we dress says a lot about us before we ever say a word.
To me, dressing successfully means understanding your environment: knowing the culture and making an effort to reflect—and respect—it. The look in Beverly Hills may be attractive, but that same look may be met with scorn on Wall Street.
Success is hard enough to achieve without showing up on casual Friday in a three-piece suit. Make it easy for people to take you seriously. I would wonder about someone who arrived for a meeting or an interview and was dressed inappropriately for the culture of that particular workplace—for example, a guy showing up at Trump Tower in a cowboy hat, boots, and a fringed cowhide jacket.
Be aware of your surroundings and dress accordingly. Some people can get away with anything. The fact that sex sells is nothing new. However, women are judged harshly when they go too far, so be careful in how you present yourself. Not everyone can tune out a knock- em-dead appearance. Think of how you would like to be perceived, and proceed from there. I tend to notice what people are wearing only if they look exceptionally well put together—or exceptionally badly put together.
It has more to do with style than which designer they may or may not be wearing. As I said, expensive clothing usually looks like it was worth the price. Have you ever noticed how we tend to pigeonhole people in certain professions by their appearance? Every profession has a certain look or standard. For example, Frank McKinney looks like a cross between a rock star and a surfer dude. Be aware that your attire can literally become a costume.
Sure, it helps to have the money to buy great clothes, but a little style can go a long way. I like to check up on things, even without my helicopter. Be Your Own Best Financial Adviser Many people go out and hire financial advisers, but I have also seen a lot of those advisers destroy people. Athletes, in particular, make a great deal of money at a very young age. A good friend of mine and truly one of the greatest basketball players who has ever lived, Kareem Abdul-Jabbar, was in the NBA for over twenty years, only to find that some bad advice had destroyed much of his wealth.
One day, he came to me and told me he was going to invest in a fast-food franchise. I told him, Herschel, you are a friend of mine, but if you do that, I will not speak to you again. Because of the relationship we had and continue to have , he decided not to make the investment.
The company went bankrupt two years later. Herschel is now a wealthy man, and he thanks me every time I see him. When it comes to picking a financial adviser, rely on your own judgment based on what you read in reliable publications likeThe Wall Street Journal, Forbes, BusinessWeek, andFortune. They are usually terrific, even though, on occasion, they say some negative things about me. TheNew York Post has developed a truly great business section—and one that is fun to read. Stay with the winners.
Often, you will read about somebody who has made money quickly and then relies on one of his friends to invest his fortune. Beware of instant stars in the world of finance. Trust the people who do it again and again, and who are consistently ranked high by the four best institutional business media outlets.
But trust your own common sense first. Invest Simply There are numerous firms that provide comprehensive charts and other information on the best returns from certain financial advisers and funds. Study those charts, not over the short term maybe they just got lucky but over a fifteen- or twenty-year period. These are your hard-earned savings at stake. Generally there is a reason for success. When you look at legends like Alan Ace Greenberg and Warren Buffett and marvel at how good they are, you will likely see that what makes them so successful is the same quality you should apply to every one of your own investments—common sense.
In every case, what fascinates me is that he is able to reduce things to the simplest of terms. Many accomplished Wall Street gurus can make you dizzy with talk of intricate financial maneuverings. They might impress you with their sophisticated computerized trading results, their fifty percent returns from options on products that may not even exist yet.
The wisest thing I can tell you is to invest only in products you understand, with people you know you can trust. All it means is that you recognize that life, especially the parts involving love and business, can be complicated. People have a right to protect their assets. I know plenty of women who are supporting their husbands, and this advice applies equally to both sexes. It was a disaster, but I had a solid prenup, and it held up.
A year later, the marriage was over and he was going through hell. When I saw him, he looked like a frightened puppy. Be like Thoreau and simplify. Cut Out the Middleman Wayne Newton is a great friend of mine, and he made a lot of money over the years.
Unfortunately, given terrible advice, he lost his money and was forced to declare bankruptcy. Meanwhile, his lawyers were eating him alive. How did you do it? My lawyers are making a fortune and the banks are impossible. I asked Wayne how many banks were involved. He told me it was three. I had ninety-nine banks and I made a point of becoming best friends with everybody at every bank. You have to do the same. I gave him some more advice, which he has generously acknowledged in many interviews.
I told him, Wayne, you are a major celebrity. Have your secretary call the three banks and get the person who is really in charge, not the figurehead, and personally talk to all three people. Arrange a meeting with them, ideally a dinner with them and their families. Get to know them. Forget your lawyers. They are never going to want to settle the case, because then their legal fees stop. You must do it yourself. Call the bankers. Become friendly with the bankers.
And make a deal. Wayne called me three weeks later. They brought their wives and children. Later, he cut deals with every one of them. He appealed to the people in charge.
Most of us need lawyers at some point in our lives, and we all have to deal with large bureaucracies. But sometimes you need to go right to the top, and you need to do it yourself. Of course, there will be times when lawyers are essential. Some people are scoundrels. But whenever possible, settle. It saves a lot of time for everyone involved.
They see the way I live. I turn off the lights whenever I leave the office. Trust me: You can get a good deal on shaving cream there.
I always remember the example my parents set for me. I couldsee their determination and discipline. I try to be the way they were. With my mother at New York Military Academy. They lived well but simply, and were not flamboyant in their spending.
We rarely went out to eat. We took relatively few elaborate vacations. With my father, Fred Trump, in the early days. They emphasized schooling and education. We had a solid family life, and I remember feeling very fortunate.
Each of us was expected to contribute something not only to the family as a whole, but to society. They have budgets and live within them. They have limits on their credit cards, and they have them more for protection in an emergency than for anything else.
When they were growing up, both of my sons earned extra money during their summer vacations by mowing lawns, cutting trees, moving stones, and doing landscaping work at the Seven Springs estate in Westchester.
Ivanka attended the School of American Ballet, which requires an enormous amount of discipline and training. College kids today are more money savvy, perhaps, than kids from earlier generations. They seem serious about their money. This is a good sign, because the sooner you understand the value of money, the more likely you are to possess large amounts of it. Children watch. Your priorities will often become their priorities.
Children inherently like to please, so think about the values you exhibit. Sooner or later, kids will form their own tastes, but the initial exposure is important. With my three eldest children—Don Jr. We remain very close. I spend less time with Tiffany, as she lives in California with her mother.
I do try to include them in my travels and activities as much as possible. With my youngest daughter, Tiffany. They know they are always welcome to join the family business.
Don Jr. Trumps are builders, he told Barbara Walters in a recent interview. I have very high standards, but so do my kids.
Not teaching your kids about money is like not caring whether they eat. If they enter the world without financial knowledge, they will have a much harder go of it. Make sure you let them in on your way of thinking about money—how you manage expenses, how you save, where you invest.
Just getting a first apartment can be a lesson for your kids: They suddenly learn about security deposits! Equip them for life as best you can. Buy them a subscription toMoney or some other personal-finance magazine. Give them incentives for saving their allowance. Negotiations, anyone? Power is merely the ability to convince people to accept your ideas. But I have to coax and make my case just like any other negotiator.
An interviewer from Brazil recently asked me what the best parts and the worst parts of having so much money and success were. I had the same answer to both questions: the effect it has on people. Anyone in a position of power will probably agree with me. There are pluses and minuses. The minus side is that they will reduce you to one dimension and keep you there.
Power is not just about calling all the shots. Convincing others has a lot to do with understanding negotiation. Study the art of persuasion. Practice it. Develop an understanding of its profound value across all aspects of life. The boardroom is not the pub down on the corner.
Make it easy on the people you are trying to convince. Give them readily accessible metaphors and analogies. Use humor. I sometimes tell people that I wish our meeting had been yesterday, because I was having a great hair day and they missed it!
Convincing other people of how wonderful you are and how lofty your ideas are is a good way to convince them to tune out or, better yet, to escape from you as soon as possible. If you do, you may see a lot of people in front of you at first, but the room will soon be empty. Let them think the decision is theirs. It will give them a feeling of control. Here is the golden rule of negotiating: He who has the gold makes the rules.
If you walk into a negotiation and know nothing about the other party, letthem talk, listen to their tone, observe their body language, and determine whether they really want to make a deal or just show you how smart they are. Most negotiations should proceed calmly, rather than in a hostile manner. However, sometimes a negotiation works best after a few screams and some table pounding. The best negotiators are chameleons.
Their attitude, demeanor, approach, and posture in a negotiation will depend on the person on the other side of the table. Money is not always the only consideration for exchange in the sale of an asset. Think beyond the traditional boundaries. Now The Donald shows you how to make a fortune, Trump style.
Real estate titan, bestselling author, and TV star Donald J. Trump is the man to teach you the billionaire mind-set—how to think about money, career skills, and life. Here is crucial advice on investing in real estate from the expert, everything from dealing with brokers to renovating to assessing the value of property, buying and selling, and securing a mortgage.
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Trump is the very definition of the American success story, a billionaire with interests in property, sports and entertainment, and soon to be the 45th President of the United States. Now the property titan, bestselling author and President-elect of the United States reveals the secrets of his success in this candid and unprecedented book of business wisdom and advice.
Trump tells all: about his experience on the hit American reality television series The Apprentice; how he built up his massive property empire; and how you can create new wealth the Trump way. In his characteristic no-nonsense style, Trump offers insights on how to invest wisely, maintain the quality of your brand and negotiate anything. Score: 5. Each book is written by leading experts in the field and includes contributions from Trump himself.
Perfect for anyone who wants to get ahead in business without the MBA, these streetwise books provide real-world business advice based on the one thing readers can't get in any business school-experience. In Trump University Wealth Building , you'll learn how to: Develop the right mindset for continued success Learn millionaire moneymaking habits Create your own financial vision statement Adopt the seven proven practices of the rich Start your own business Become a real estate entrepreneur Build your investment portfolio Master money-saving tax strategies And much more!
How can you find the way to the top? Ask people who are already there. DMCA and Copyright : The book is not hosted on our servers, to remove the file please contact the source url. If you see a Google Drive link instead of source url, means that the file witch you will get after approval is just a summary of original book or the file has been already removed.
Loved each and every part of this book. I will definitely recommend this book to business, non fiction lovers. Your Rating:. Your Comment:. Trump Submitted by: Jane Kivik.
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