Trump: How to Get Rich - Summary of Main Ideas
Trump: How to Get Rich by Donald Trump
I just read this book in one sitting. It was a casual, fast read. I didn’t have super high expectations as the reviewers on Amazon only rated it 3/5 stars. There were a few good nuggets of wisdom, though, just as I had hoped. Here are my favorites:
Manage people tip
- “People have different ways of achieving results. I enjoy figuring out how each of my key employees excels. If people are your resource, you’d better try to learn something useful about them. Being able to do so is what makes a good manager a great one.”
Be an informed world citizen
- “Perhaps one of the reason I’ve been able to sell and rent apartments to people of so many foreign nationalities is that I’ve made an effort to understand where they’re coming from.”
Be detail oriented (I still need to work more on this one)
- “If you don’t know every aspect of what you’re doing, down to the paper clips, you’re setting yourself up for some unwelcome surprises.”
Public speaking (tailoring your speech to your audience)
- On winging a speech 5 minutes before showtime: “all in all, it was a valuable lesson in public speaking. Think about your audience first. The rest will fall into place.”
- Never read off your note cards. You can have the best written speech, but the audience will feel it’s contrived.
Comparing yourself to others’ achievements. Don’t do it.
- “Comparing ourselves to others is a waste of time. I’ve heard people say, “well, Mr. Lucky had a million dollars before he was thirty and I’ve worked just as hard as he has.” Well, Mr. Lucky has nothing to do with you, your possibilities, your success, or your failure. Don’t let anyone else be your yardstick. That’s taking power away from yourself in a big way.”
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