How To Get Rich – Book Summary
In How To Get Rich, Donald Trump gives 2 rules he use to run his business.
- If you don’t tell people about your success, they probably won’t know about you.
- Keep it short, fast, and direct.
PART I
THE DONALD TRUMP’S SCHOOL OF BUSINESS AND MANAGEMENT.
Be a General
- Only work with the best.
- Generals motivate their soldiers and inspire them when necessary.
- Every decision you make is vital and it affects other people so wrong strategy will affect people badly.
- To have fewer problems in your business get people who suit your business style.
- Good people equal good management and good management equals good people.
- This has to go hand in hand, otherwise, it won’t work, there are great people trapped in bad management and there good management that gets by with mediocre people. Great people will eventually leave and you’ll be left with mediocre people.
- Sometimes it wise to choose attitude over experience and credentials.
- To be successful do what creative and successful people do they live on the edge, never complacent, and they refuse to be bored.
Stay focused
Although the author owed 99 banks billions of dollars by staying focused he managed to pay all the debt.
“…9.2 billion dollars I lost it was a debt, I passed a beggar on the street and I knew he was worth 9.2 billion more than I was…” Donald Trump
Never cosign.
Maintain momentum
- Never rest on your laurels, ever no matter how successful you are, do research, and learn more about your field, thrive to be an A-game person.
- You have to have strong puritanical work ethics
- If you ever dreamed of working with Mr. Trump, you must be indefatigable. You should never entertain complacent workers.