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Leadership style of Donald Trump
Personal characteristics of successful entrepreneurs
Personal characteristics of successful entrepreneurs
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II. Analysis on Donald Trump’s Business Leadership
2.1. Leadership – Definition
Leadership can be defined as the way through which one individual has impacts and influences the attitudes and behavior of other people at a workplace. The tasks of leaders in corporations include organizational as well as departmental activities. Leaders are responsible fr coordination of these activities so as to reach the goals successfully by motivating and inspiring team members. (DUYGULU, Ethem and Ciraklar, Nurcan, 2008). Besides, leaders are supposed to resolve issues by avoiding conflicting situations related to work and strive to boost progress on achieving the overall objectives of a company. Moreover, great leaders provide the required knowledge,
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So, as for years mainstream America and the whole business world has known and recognized Mr. Trump for its great business practices and real estate success made him a suitable figure I would represent in my project. This, however, it is not the only cause of my decision. After reading several books he wrote, such as, ‘The Art of The Deal’, ‘Think like a billionaire’, , ‘Think like a Champion’ , ‘The way to the Top’, ‘Why we want you to be rich’ ( in collaboration with Robert Kiyosaki). Moreover, several documentaries were dedicated to him such as ‘Life Story of Billionaire Donald Trump’, ‘Amazing Success Story of Donald Trump’, ‘Donald Trump - All American Billionaire’, and after watching them I am in a position to understand and discuss some different aspects about his business life and leadership. I never had the chance to assess his personality and success personally, but nonetheless my views will be based purely on reading and watching his behavior. His success literally can’t be denied by …show more content…
Even though on the surface, it appears as though he takes great risks and labeling him as a bit of a loose cannon. However, his business decisions are very conservative if you listen to him. He tends to buy properties that are a safer choice, for instance possessing less downside no matter that have they have less of an upside. In general, taking risks is part of doing business, but the key is to make sure the risks are making sure the risks are foreseen and calculated so as you identify downsides and upsides.
Donald Trump Quote – ‘Sometimes your best investments are the ones you don't make’
Goal Setting – People who have higher expectations for their performance and accomplishments are those who are driven set aims for themselves and set big goals and objectives. Moreover, they outperform and overlook their counterparts even when they cannot reach to meet their goals. In this regard, Donald Trump is no different at all. That is why , at least partially, he has achieved and accomplished up to this level in his lifetime by having great expectations for himself and those around him. If you want to reach big things, having a clear vision is of essential requirements.
Donald Trump Quote – ‘You have to think anyway, so why not think
While Donald Trump is a billion dollar business tycoon and he's known for his shrewd dealings as a real estate mogul, he still wants to run for President of the United States. The mogul has popularity among the rich and famous for his business-style leadership and will use this to his advantage to gain votes and supporters. In my opinion, Donald Trump is a confrontational and brazen individual. He seems to treat his candidacy with the same unethical attitude that is used in his line of business.
He is one of the most successful people in the world. Many people admire him as do many people hate him. While becoming successful most tend to make enemies. “Among them are the world-renowned Fifth Avenue skyscraper, Trump Tower, and the luxury residential buildings, Trump Parc, Trump Palace, Trump Plaza, 610 Park Avenue, The Trump World Tower (the tallest building on the East Side of Manhattan), and Trump Park Avenue. ”(Donald J. Trump).
Donald Trump is an arrogant candidate for chief executive, who doesn’t acknowledge the views of the people and whose only concern is how much he has in his pocket. He only represents a small portion of individuals and rest differ. Everyone believes that he is rich and successful because he is an entrepreneur and a hard-working citizen. That’s not true. He is only rich because his daddy was rich, not because he strived to get there. So why should we make him president if he chose the easy path and didn’t work to get where he
Donald John Trump was born in Queens, New York on June 14th, 1946 (Ask Men 3). The fourth child of Fred and Mary-Anne Trump, Donald was born into wealth and prosperity. His family operated the profitable New York real estate developing company, specializing in middle-income housing, Elizabeth Trump & Sons (Biography 2). Trump was an energetic child and was sent to military school during his teen years to learn disciple (Ask Men 5). He succeeded at The New York Military Academy and became a star student, football, baseball, and soccer player (Encyclopedia of World Biography 2). Graduating in 1964, he momentarily considered pursuing a film degree but instead decided to enroll at Fordham University, and later transfer to The Whorton School of Finance at the University of Pennsylvania. During the summer, Trump would work with his father in the real estate industry, gaining experience. It was during this time him and his father undertook the revamping of a neighborhood in Cincinnati, Ohio, The Swifton Village. After investing only a half a million dollars into the units, him and his father were able to reach 100% occupancy in two years and turned over a $6 million profit (Korte 4). He graduated from The Whorton School with a degree in economics in 1968 (Encyclopedia of World Biography 4).
As a result from extreme hard work and perseverance followed by an unmatchable drive to succeed, Donald J. Trump has earned the right to be known as a multi-billionaire, real estate icon, and President of the United States of America. Reflecting on his life, he has faced many challenges and overcame them all. To understand how he rose to success and his journey to the top of the kingpin, it is important to recognize how he saw the american dream and pursued it. Today, many recognize him as the president but very few can fully grasp all that he has done in his life. From his start as a real estate mogul, to his impact on media, there are many questions as to how he became so recognizable today.
The decision for success, for Trump, is work hard and be determined and you can achieve your goals. He has shown this hard working mentality as he was a businessman. He acquired many profitable properties and made smart decisions to eventually gain over a billion dollars. He also showed this determination as he was running for president. Although he was called an "unfit" president he still campaigned and won over the votes of many citizens. In the end, Trump won and his determination to succeed brought him to the White House. All people can learn from Trump because of his hard work and
Accomplished leaders inspire the world and their people to reach higher, dream bigger, and achieve greater. Andrew Carnegie, a self-made steel magnate and one of the wealthiest businessmen in the 19th century once stated, “No man will make a great leader who wants to do it all himself, or to get all the credit for doing it.” A man with a striking amount of wealth and ample power was remarkably giving and a notable philanthropist. His statement holds true in that the key to great leadership is not merely one’s achievements but the accomplishments we can make as a team.
Donald Trump is a successful businessman he appears to have the golden touch. Everything Trump has invested made huge strides in the business sector, and wealth. However, Donald Trump lacks experience in politics and diplomacy. Since the moment of Trump's inauguration, he has fired anyone who opposes his view. His decision making is not a result of wisdom but from an authoritarian perspective.
Billionaire real estate developer, Donald Trump has shown the world that he is one of the most respected and sometimes yet most hated person in the world. With these differing public views, as a person and a successful businessman, he has become one of the most followed persons across the world. Not a day goes by where he has not been googled on social media, and he is known for his tweets. Because he is so popular, multiple biographies and articles could be written about him. Trump’s life is a constant intriguing adventure. He grew up in Queens, New York and has been married three times with multiple children from these marriages. He also has built an empire with an entrepreneur's mind. On his journey
Donald Trump is known for his eccentricity and unconventional businesses practices. He exhibits an unconventional leadership style. Donald Trump started early to develop his personal brand, this is exhibited by every piece of real estate Mr. Trump owns. Every casino, building or golf course has his name on it. He is eccentric, powerful, but yet he makes very smart business decisions. He is also a risk taker. All these business skills have made him a very well recognized business leader, and one of the nations most known billionaires. Donald Trump has appeared in many magazines, has written a couple of books, and even gotten his own show on NBC called “The Apprentice”. But what makes Donald Trump successful in almost every endeavor he takes on? Was he born a leader? or did he just become a great leader. There are certain characteristics common in all leaders. Some of those are values, skills and cognitive abilities. Mr. Trump exhibits all of these traits. If this is what has made him as successful as he is, why are certain leaders not able to achieve his type of success? Perhaps he has something extra that has propelled him above everybody else. Everything that he touches seems to turn to gold. Donald Trump’s leadership styles have made him rich, powerful, famous and known through out the world. This paper will examine some of those leadership styles.
Each individual has had good and bad social traits. Mr. Trump has a fair amount of good traits that have helped him become the successful and powerful man who he is today. On the other hand, he demonstrates some characteristics in which can negatively affect his outlook from outside individuals and come off as offending to some people, from which he has to cope with. “Mr. Trump’s most defining characteristic is that he is bold. He seems unusually self-confident, and shows feeling of grandiosity and entitlement. On a first impression they are good, but seem to make it difficult to work with,” (Sherman, PH.D., 2015). Some people believe when Mr. Trump is put in situations he may act differently, but McAdams explains in his article What Do We Know When We Know a Person, “Situational effects are often no stronger than trait effects,” (McAdams,
Donald Trump is a business person who thinks that his experience qualifies himself to be the president that America needs. Using a business structure to run
In a contribution article titled 6 Things Mark Cuban Says You Need to Be Great in Business to Entrepreneur.com, Mark Cuban describes some of the foremost characteristics of Walt’s business
Billionaire real estate developer, Donald Trump has shown the world that he is one of the most respected and sometimes yet most hated person in the world. With these differing public views, as a person and a successful businessman, he has become one of the most followed persons across the world. Not a day goes by where he has not been googled on social media, and he is known for his tweets. Because he is so popular, multiple biographies and articles could be written about him. Trump’s life is a constant intriguing adventure. He grew up in Queens, New York and has been married three times with multiple children from these marriages. He also has built an empire with an entrepreneur's mind. On his journey climbing to success, Trump has multiple
Leadership, without doubt, is a significantly important function of management. It helps to aggrandize efficiency and to fulfil an organization’s goals. Leadership is the ability of a manager to induce the subordinates to work with confidence, determination, courage and zeal. It is also defined as ability to influence a group towards the realization of a goal. Leaders should have the capability of developing future visions, and to drive the organizational members to want to attain the visions. This paper states my points in which I duly believe, justifies the importance of an outstanding leader in any organization.