Monday, May 20, 2019
Donald Trump Good Manager or Bad Manager Essay
1. Work Hard every speaker at every event like this, scarce the Don gives this much than the usual lip service. He essentially said that every cardinal he knew that made a cluster of money and was successful, worked 7 days a week. He suggested to the audience that if they indispensablenessed to succeed, they should be prep bed for 80 hour weeks for a long age.2. Love What You Do Another platitude, but he spoke ab forbidden this in a passionate way. He discourage the audience from joining or switching to a hot persistence 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 wellhead as a whole. His message was that you will perform so well in your imperfect industry that you will rise above the rest and end up being a star in the top 1% of that industries, but if you joined an industry you werent passionate about, youd end up in the 50th percentile of earners in tha t 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, Whatever industry you are in and whatever role you persist in that industry, work hard to become a world class smart in it. For example, if you are a macro manager in a security software company, he suggested that you should not meet focus on getting good at email marketing campaigns, but that you should become an expert in that security industry yourself, so that you sens communicate with all levels of people about the engineering science simply , so that you can have detailed conversations with analysts, so that you can write credible web log articles, so that you can explain the future competitive dynamics to potential investors, etc.4. Luck fit in 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 long run. Dons perspective when asked about t he rising cost of education, If you think getting an education is expensive, try ignorance. 6. Management Donald fought the platitude pattern and said You want to be smarter than your people. He thought the notion that you should hire people smarter than you was a poor 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 umpteen 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 forever and a day do it face-to-face. In this era of telephones, teleconference, and video conference, Donald suggests that if its an important negotiation, you should do it face to face, so you can read the other persons body language.9. Middle men Donald is not a sports fan of middle men who do not add value and who extract ou tsized returns. He tells the yarn of how he goes around a broker on a billion dollar (thats the turn of events 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 strike 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. Marriage Marry someone who understands number 1 above and make sure to get a prenuptial agreement. Donald outgo 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 describe him as a strong moreover merciful leader. Trump is a far more righteous leader than he is given credit. Not only is he fair, when hes oblige to make a decision he thinks about it carefully, and just as he d oes on the show, Mr. Trump will contact the appropriate people whenever 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 also a man filled with genuine compassion 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 works hard to keep his kindness out of the spotlight, but in fair play 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 halt to help when Donalds trusty limo broke down on a deserted course outside New York City. Trump showed genuine signs of humility as the contestant asked if he had really compensable off the mortgage on that helpful couples home after the y rescued him. close embarrassed, Trump admitted to the kind act, but most people refuse to believe this stern business top executive 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 turned 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.
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