11 Principles of Donald Trump That Helped Him Get Rich

[jisansorkar12]

Former US President Donald Trump recently became a news hero once again. In the summer of 2022, he buried his first wife Ivana on the territory of his golf club. Because of this, he was suspected of having mercenary motives: allegedly, Trump wanted to evade taxes in this way.

The continuing interest in Donald Trump is understandable. He is known not only as the 45th President of the United States, but also as one of the richest developers in the world. Trump buys and develops promising plots of land, invests money in the reconstruction and construction of hotels, casinos, shopping centers and golf clubs in the United States and other countries.

Donald Trump co-authored the book “The Art of the Deal” with journalist Tony Schwartz , in which he described the main components of his success. Although it was first published back in 1987, it has not lost its relevance today. In a brief review of the book, we tell you what principles Trump will use to successfully negotiate and conclude a profitable deal. The article will be useful for entrepreneurs who want to achieve great results in business.

Donald Trump's book 'The Art of the Deal'

1. Think big
Trump went from being the heir of an American entrepreneur who built affordable uk whatsapp list housing to owning some of the tallest and most beautiful buildings in the United States. He was driven by the idea of ​​doing something exciting and great, and this did not allow him to deviate from the intended path.

Trump believed that if you were going to think big, you had to think big. He set high goals and then simply pushed to make them happen. This approach led to the construction of Trump Tower, one of New York City’s most impressive skyscrapers, overlooking Manhattan, Fifth Avenue, and Central Park.

2. Know your market
Trump's father was in the construction business, and his son watched him work from childhood. As an adult, Trump already had a good understanding of this industry and knew how to make a profit in it. Later, this knowledge helped him not to waste time and money on marketing research. He understood which building would pay off his investment, and which project was better to abandon. While competitors analyzed the market for months, Trump made quick decisions based on his experience and intuition.

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3. Use your connections
Trump always wanted to build skyscrapers and high-end shopping malls. But to buy a promising piece of downtown land or get a loan for the deal, he needed connections.

Donald Trump didn't have any rich or influential connections when he started out. His father built low-budget housing in the suburbs of New York and moved in completely different circles.


Use your connections


The aspiring businessman decided to join Le Club, one of the most fashionable and exclusive associations in the city. Its members were successful men of the time. To become a member of this community, Trump acted with his characteristic straightforwardness: he simply called the establishment and asked to connect him with the president of the club. After some time, Trump finally spoke to him and got the coveted place, winning over with his energy and youth.

4. Consider different options
Donald Trump's experience is that most deals fall through, even if they seem promising at the start. That's why the businessman developed several potentially profitable options at the same time. As soon as he learned about an interesting plot of land or building, he would immediately contact the owner and offer to buy it. Often, his offer was rejected, but Trump was not upset: if one seller did not agree, then another would.

After buying a plot of land, Trump would make a list of different properties that could be built on it. There is always a chance that the initial idea will fail, so a backup plan is essential. To build the famous Trump Tower in New York, the businessman had to agree on the size of the future building with the city authorities and the owners of neighboring houses. If he did not get the necessary permits, he would have built an ordinary office building. And even in this case, the property would have been profitable.