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DONALD TRUMP

DONALD TRUMP: FACTORS UNDERLYING THE SUCCESS OF AN AMERICAN BUSINESS LEADER

Still in his forties, Donald Trump has made and lost fortunes in real estate. He has also experienced both success and failure in other areas of business endeavorùnotably casino construction and management and airline operation. In spite of setbacks experienced in the recent recession, Trump remains a formidable presence in New York City real estate, and retains a stake in the Atlantic City casino market.

This research considers some of the factors underlying the business successes (and failures) of Donald Trump. Although Trump's personal life garners as much public attention as his business activities (more at times), this research is not concerned with his personal relationships.

The Personality and Personal Characteristics of Donald Trump

Donald Trump is a person, according to himself, who likes to think big. Thinking big is a strong factor in Trump's business successes. Considering his business aims, he was bound to be considered as a major success, if even some of the aims were attained. Similarly, however, his failures are also magnified by the size of the things he attempts to do. Donald Trump also tends toward the simplistic. He stated that most "people think small, because most people are afraid of success, afraid of making decisions, afraid of winning." There are, of course, a multiplicity of reasons why different people adopt different goals, and relatively few are motivated by a fear of success, although a fear of making decisions is a major problem for people in all walks of like.

Donald Trump is convinced that thinking big gives him a big advantage over people who do not think big. In actuality, that assumption is incorrect, because those people who think big are seldom in competition with those people who do not think big. Trump, thus, has usually found himself in competition with other people who also think b...

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DONALD TRUMP. (1969, December 31). In LotsofEssays.com. Retrieved 20:19, March 28, 2024, from https://www.lotsofessays.com/viewpaper/1688709.html