Donald Trump Good Manager or Bad Manager Essay Example for Free

founderald lift out Good Manager or Bad Manager Essay1. Work Hard every speaker at every brass instrument like this, only the Don gives this much than the usual lip service. He basically said that everyone he knew that made a lot of money and was successful, worked 7 days a week. He suggested to the audience that if they precious to succeed, they should be prepared for 80 hour weeks for a long magazine.2. Love What You Do Another platitude, except he spoke about this in a passionate way. He discouraged the audience from link or switching to a hot industry or from going into consulting in favor of getting involved with an industry you love (antiques, baseball, marketing), even if that industry is not currently doing well as a whole. His message was that you entrust perform so well in your imperfect industry that you will trick out above the rest and end up being a star in the top 1% of that industries, tho if you joined an industry you werent passionate about, youd end up in the 50th percentile of earners in that industry. He thought the pay in the top 1% of a crappy industry (in a job you love) would top the 50th percentile in a hot industry3. Know What You Do, any(prenominal) industry you are in and whatever role you play in that industry, work hard to sire a world class expert in it. For example, if you are a macro manager in a security software company, he suggested that you should not just focus on getting grievous at email marketing campaigns, but that you should become an expert in that security industry yourself, so that you can communicate with all levels of people about the technology simply , so that you can arrest detailed conversations with analysts, so that you can write credible blog articles, so that you can explain the rising competitive dynamics to potential investors, etc.4. Luck According to Don, The harder I work, the luckier I get. 5. Education A huge advantage that is expensive in the short run, but cheap in the lo ng run. Dons military position when asked about the rising cost of education, If you think getting an education is expensive, try ignorance. 6. Management Donald fought the platitude sit and said You want to be smarter than your people. He thought the notion that you should hire people smarter than you was a brusk one. 7. Persistence He talked a lot about riding the ups and downs of the real estate market, losing everything, and coming back. He credited his success and the demise of umteen of his competitors to being patient and persistent over long periods of time to wait out market fluctuations. This one might be more relevant to Donalds business than most, but still interesting. 8. Negotiation Always do it face-to-face. In this era of telephones, teleconference, and video conference, Donald suggests that if its an all important(p) negotiation, you should do it face to face, so you can read the other persons body language.9. Middle men Donald is not a caramel brown of midd le men who do not add value and who extract outsized returns. He tells the tale of how he goes around a broker on a billion dollar (thats the number of zeros the Don deals in these days) deal where he was losing a negotiation and flew to Dubai to deal directly with the principal and struck a great deal. I must say, I liked this piece of advice. There are so many industries that have middle men filled with old boys clubs that take money out of your pocket. If you want a good example, try leasing some office space or dealing with a technology analyst.10. labor union Marry someone who understands number 1 above and trade name sure to get a antenuptial agreement. Donald Trump may not be a jerk as the world makes him out to be. Although it may come as a surprise to most of America, Donald Trumps long time employees attract him as a strong yet merciful leader. Trump is a far more spotless leader than he is given credit. Not only is he fair, when hes forced to make a decision he th inks about it carefully, and just as he does on the show, Mr. Trump will contact the appropriate people whe neer theres an unproductive or anti-productive issue to be resolved. If he werent a successful real estate developer.According to actual Donald Trump employees, hes very much like the man you see on the show, but hes as well as a man filled with genuine blessing beyond anything the cameras could ever show yet the media never picks up on the good press they always take the bad against him. Trumps employees say he plant life hard to keep his kindness out of the spotlight, but in truth he is far more generous than his reputation would lead anyone to believe. On the season premiere of The Apprentice, a member of the winning team asked Donald about the story of a middle aged couple who stopped to help when Donalds firm limo broke down on a deserted highway outside New York City. Trump showed genuine signs of humility as the contestant asked if he had really paid off the mortga ge on that helpful couples home after they rescued him.Almost embarrassed, Trump admitted to the kind act, but most people refuse to believe this stern business tycoon could ever show compassion beyond that of his immediate family and inner circle. So while this man would seem to be lost in most marketers, Donald has turn it into a lot of money and respect.Donald Trumps leadership style has turned The Apprentice into a powerful magnet for thousands of young entrepreneurs, many of whom credit Trump with teaching them important lessons for business success.