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Despite the overwhelming political reviews , this book does have some good advice from trump himself, which, looking from a non biased perspective, is still one of the most successful businessmen in the world.
I mainly focus on the business and money advice in my review, the real estate version will come in a second reread. This book has a lot of points to cover so be warned this is a long review
Trump starts off the book by stating some of the similarities between billionaires. To not care about what the odds are and follow your vision, almost narcissistically devoting your talent with unrelenting focus on your dreams.
1. Don't take vacations
- if you're not enjoying your own work, you are in the wrong job, and usually, if you're having fun, you naturally won't stop, so there's no need for vacations
trump's family is common in a passion for a job well done
2. Have a short attention span
- you get more done faster, but it usually requires imagination to find faster ways
3. Dont sleep any more than you have to
- billionares seek dominance in their field,
- You can never outcompete people who sleep less and work the same as you. There's not enough time in a day
4. Dont depend on tech
- much of it is unecessary, only use it if it speeds up your processes
- communication through tech lacks the sincerity of face to face
5. Think yourself as a one man army
- billionaires like to win, its more important to be smart than tough
- you must plan and execute your plan alone
6. It's often to your advantage to be underestimated
- you never want people to think you're a loser but it's not good if they think you're the smartest, they keep their guard up and treat you differently that way
-boasting is often necessary, but others boasting for you or even discovering your accomplishments is far better
7. Success breeds success
- results impress people the most, even if you don't have any you have to create the impression of success but start small and build up
8. Friends are good family are better
- nothing to say here
9.treat each decision like a lover
- each decision is made at different speeds but treat it based on the needs at that time, not on a fixed system
- some of the best business decisions are made with passion (the basic impulses ensure that you're going in a direction that will drive you)
10. Be curious
- you have to be hungry to learn more past what you know
On to the section of money tips, trump gives a boatload of them.
To start,he reminds us that luck with money is not fixed, it can change so long as you work hard
Even as a billionaire, trump still "pinches pennies" or is very financially aware. He advises:
- be comfortable with bargaining
- buy quality products over branded
And most importantly, that small "measly" amounts can compound massively
When it comes to investing, one must know that the market is heavily interconnected and how each moving part works with the other.
Trump also gives advice on the ratio of bonds and stocks which simply put: is to invest more in bonds as you get older
When investing, you have to do your homework and buy companies you understand but never fall in love with the investment
Additionally, ditch companies that have measly growth in the long term because they're not worth the risk
Some basics of investing would be watching your bottom line: knowing how much risk you can take and the money you can afford to lose.
Chase impossibilities because you never want to see someone less deserving get it (reflects trump's dominant nature)
Being rich isn't a passive state, GET A MOVE ON. Time is always more valuable than money
Some useful job advice:
- you always have to love your job because you're working for yourself. The passion alone will solve 90% of the problems
- once you find something, never stop and never give up because shit will hit the fan every day
- promotion comes from naturally doing what you're good at, you do want to promote a certain image of yourself every day but if you deserve to be promoted by others you will be
- make your work pleasurable and remember that romance should spur you to work harder, not become lazy
A vital point about loyalty:
- if someone is disloyal once, they will be forever
[Think big, stay focused, keep your guard up, be passionate, don't ever give up, love what you do]
An in-depth book of all things trump with valuable knowledge all around, I rate this a 4/5 solely because of the excessive revolving of this book around "the apprentice" which makes it more like an advert than a book. Nonetheless, the section giving a glimpse into a day of his life is a good opportunity to understand what it takes to be a billionare
I mainly focus on the business and money advice in my review, the real estate version will come in a second reread. This book has a lot of points to cover so be warned this is a long review
Trump starts off the book by stating some of the similarities between billionaires. To not care about what the odds are and follow your vision, almost narcissistically devoting your talent with unrelenting focus on your dreams.
1. Don't take vacations
- if you're not enjoying your own work, you are in the wrong job, and usually, if you're having fun, you naturally won't stop, so there's no need for vacations
trump's family is common in a passion for a job well done
2. Have a short attention span
- you get more done faster, but it usually requires imagination to find faster ways
3. Dont sleep any more than you have to
- billionares seek dominance in their field,
- You can never outcompete people who sleep less and work the same as you. There's not enough time in a day
4. Dont depend on tech
- much of it is unecessary, only use it if it speeds up your processes
- communication through tech lacks the sincerity of face to face
5. Think yourself as a one man army
- billionaires like to win, its more important to be smart than tough
- you must plan and execute your plan alone
6. It's often to your advantage to be underestimated
- you never want people to think you're a loser but it's not good if they think you're the smartest, they keep their guard up and treat you differently that way
-boasting is often necessary, but others boasting for you or even discovering your accomplishments is far better
7. Success breeds success
- results impress people the most, even if you don't have any you have to create the impression of success but start small and build up
8. Friends are good family are better
- nothing to say here
9.treat each decision like a lover
- each decision is made at different speeds but treat it based on the needs at that time, not on a fixed system
- some of the best business decisions are made with passion (the basic impulses ensure that you're going in a direction that will drive you)
10. Be curious
- you have to be hungry to learn more past what you know
On to the section of money tips, trump gives a boatload of them.
To start,he reminds us that luck with money is not fixed, it can change so long as you work hard
Even as a billionaire, trump still "pinches pennies" or is very financially aware. He advises:
- be comfortable with bargaining
- buy quality products over branded
And most importantly, that small "measly" amounts can compound massively
When it comes to investing, one must know that the market is heavily interconnected and how each moving part works with the other.
Trump also gives advice on the ratio of bonds and stocks which simply put: is to invest more in bonds as you get older
When investing, you have to do your homework and buy companies you understand but never fall in love with the investment
Additionally, ditch companies that have measly growth in the long term because they're not worth the risk
Some basics of investing would be watching your bottom line: knowing how much risk you can take and the money you can afford to lose.
Chase impossibilities because you never want to see someone less deserving get it (reflects trump's dominant nature)
Being rich isn't a passive state, GET A MOVE ON. Time is always more valuable than money
Some useful job advice:
- you always have to love your job because you're working for yourself. The passion alone will solve 90% of the problems
- once you find something, never stop and never give up because shit will hit the fan every day
- promotion comes from naturally doing what you're good at, you do want to promote a certain image of yourself every day but if you deserve to be promoted by others you will be
- make your work pleasurable and remember that romance should spur you to work harder, not become lazy
A vital point about loyalty:
- if someone is disloyal once, they will be forever
[Think big, stay focused, keep your guard up, be passionate, don't ever give up, love what you do]
An in-depth book of all things trump with valuable knowledge all around, I rate this a 4/5 solely because of the excessive revolving of this book around "the apprentice" which makes it more like an advert than a book. Nonetheless, the section giving a glimpse into a day of his life is a good opportunity to understand what it takes to be a billionare
