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“Trump: The Art of the Deal” is a 1987 autobiography by Donald Trump, then a successful businessman and real estate developer. The book was a bestseller and helped to make Trump a household name. In the book, Trump chronicles his life from his childhood in Queens, New York, to his rise to success in the business world. He writes about his early business ventures, his philosophy on business, and his thoughts on various topics, including politics, money, and success.
- Genre: Biography, Business, Memoir
- Themes: Business Success, Deal-Making Strategies, Entrepreneurship, Leadership
What is this book about?
“Trump” is a bestselling biography and business memoir that offers readers an inside look into the life and deal-making prowess of the 45th President of the United States. The book primarily falls into the biography and business genres. It explores themes related to business success, entrepreneurial strategies, and leadership.
The book opens with an introduction to Trump’s early life and the influence of his father, Fred Trump, a successful real estate developer. Trump then takes readers on a journey through some of his most notable real estate deals and business ventures. He provides firsthand accounts of the negotiations, strategies, and challenges he faced in acquiring and developing iconic properties like the Grand Hyatt Hotel and Trump Tower in New York City.
One of the central themes of “The Art of the Deal” is Trump’s approach to deal-making. He outlines his strategies for negotiation, including the importance of thinking big, using leverage, and maintaining a strong position. He also discusses the role of intuition and timing in making successful deals.
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Throughout the book, Trump shares anecdotes and lessons learned from his various business endeavors, from his foray into professional sports with the New Jersey Generals to his experiences in the casino industry with Trump Plaza and Trump Taj Mahal. He emphasizes the need for perseverance and a willingness to take calculated risks to pursue success.
In addition to his business insights, Trump offers glimpses into his personal life, including his family, upbringing, and hobbies. He paints a portrait of a driven and ambitious individual who thrives on challenges and is unafraid to think outside the box.
The book concludes with reflections on the principles that have guided Trump in his career, including his belief in the power of positive thinking and the importance of passion and enthusiasm in achieving one’s goals.
Takeaways
- Trump believes in hard work and perseverance. He writes that he worked six days a week, 12 hours a day, for years when he first started the business. He also emphasizes the importance of being focused and driven.
- Trump believes in taking risks. He writes that he is unafraid to fail and has learned from his mistakes. He also believes that taking risks is essential for business success.
- Trump believes in thinking big. He writes that he always sets high goals for himself and never gives up on his dreams. He also believes thinking outside the box and being creative in problem-solving is crucial.
- Trump believes in being confident. He writes that he believes in himself and his abilities and is unafraid to show them. He also believes that confidence is essential for success in all areas of life.
Lessons and tips
- Work hard and be persistent. Be bold, put in the long hours, and always keep pursuing your goals.
- Be willing to take risks. Don’t be afraid to try new things and leave your comfort zone.
- Think big and set high goals for yourself. Don’t limit yourself by setting small goals.
- Be confident in yourself and your abilities. Trust yourself that you can achieve anything you set your mind to.
Best for
“Trump” is best for readers interested in gaining insights into the mind of Donald J. Trump and his approach to business and deal-making. It’s ideal for aspiring entrepreneurs, business students, and anyone curious about the strategies and mindset propelling Trump to succeed in the real estate industry. If you’re interested in learning about the art of negotiation, the challenges and triumphs of large-scale real estate development, and the personal philosophies that have shaped Trump’s career, this book provides a firsthand account of one of the most prominent business figures of our time. While reading, it’s important to remember that this book reflects Trump’s perspective and experiences and has generated praise and criticism.
Best-recommended books besides “Trump”
“Trump” by Donald J. Trump is a memoir and business advice book by the former U.S. President. It provides insights into his career in real estate and business strategies. If you’re interested in this book, here are alternative books in the business and leadership genre:
“The Lean Startup” by Eric Ries
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Why we love it:
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“Good to Great” by Jim Collins
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Why we love it:
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“Leaders Eat Last” by Simon Sinek
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Why we love it:
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Why we love it:
- Challenge conventional thinking about startups and innovation.
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- Gain a unique perspective on entrepreneurship and monopoly building.
“Drive: The Surprising Truth About What Motivates Us” by Daniel H. Pink
In “Drive,” Daniel H. Pink explores the science of motivation and what truly drives human behavior. He argues that traditional rewards and punishments are ineffective in motivating people to excel. Pink introduces the concepts of autonomy, mastery, and purpose as key drivers of motivation and personal fulfillment.
Why we love it:
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- Discover strategies for creating a motivated and engaged workforce.
- Learn about the importance of autonomy, mastery, and purpose in personal and professional success.
