Have a plan B, plan C, and even plan D-and be flexible and agile enough to pivot to any of them. Have a Backup Plan: Even if a deal doesn’t fall through, conditions can change.If you act conservatively and prepare for the worst-case scenario, you’ll protect yourself against loss or failure. Prepare for the Worst: No matter how good it seems, any deal can fall through.In order to think-and achieve-big, you need total focus. Aim High: Dream big and don’t be afraid of making lofty goals.(Shortform note: In addition, we’ve included a few more principles that are recurring themes in the stories of his deals.) Trump lists 11 principles that have guided him through his business decisions, and you see them manifest in many of the stories in the book. After graduating from college, Donald joined Fred’s business full time. Donald would follow his father’s example, but he had his sights on luxury buildings and bigger profits.Īfter high school, Donald enrolled in Fordham University and later transferred to Pennsylvania’s Wharton School of Finance, where he earned his degree. Fred refused to let anyone overcharge him because he knew what every supply and service cost.įred had a successful business, but he had to work hard and keep costs down in order to make a profit.Fred pushed contractors to work for lower rates for the promise of steady work and reliable pay.Fred demanded contractors work quickly and produce quality work.Donald learned from watching his father’s tactics: Trump’s father, Fred Trump, was tough, driven, and a shrewd businessman. Whenever Trump was home during school breaks, he worked with his father, who had a business building and managing low- and middle-income housing. There, Trump learned the discipline to channel his aggression into work. Trump was aggressive from a young age when he began creating trouble as a teenager, his father sent him to the New York Military Academy. Trump writes about the family and childhood that formed him, the professional experiences that taught him, and the deals that made him notorious. The Art of the Deal is Trump’s autobiography of his early life and career. A born-and-raised New Yorker, Trump went from building subsidized housing with his father in Queens and Brooklyn to constructing multimillion-dollar luxury apartments in Manhattan. In the 1980s, Donald Trump was among the most well-known real estate moguls in New York City. Pepe the Frog appeared more than a decade ago in an online cartoon and the Anti-Defamation League says the character has been appropriated by white supremacists and other racists in online memes.1-Page Summary 1-Page Book Summary of The Art of the Deal In the district’s statement, Hauser apologized for the negative attention brought to colleagues. This summer Hauser self-published “The Adventures of Pepe and Pede,” about a frog and centipede seeking “truth and honesty” against “deceitful forces.” The Denton school district, north of Dallas-Fort Worth, said in a statement Monday that the publicity generated by Eric Hauser’s work has become a “distraction.” He’s being reassigned to an undetermined post. The cartoon character has become a symbol for white supremacist groups.Ī Texas school district has removed an assistant principal from his post after he authored a children’s book whose central character is also a white nationalist symbol. ![]() At a “March 4 Trump” event, a man holds up a sign reading “Deplorables and Alt-Right Unite,” that features an image of Pepe the Frog.
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