As many of us know, Donald Trump, the, now, 45th President of the United States of America, has ventured into many different realms of the business world. His diverse portfolio, which boasts many successes within the real estate, luxury accommodation, leisure complex and reality television areas, make him one of the most talked about and prosperous entrepreneurs in the world.
It seems as though his reasoning for becoming an entrepreneur, were based on the fact that he was born into a family of thriving businessmen and women. At a young age, he followed in the footsteps of his father and established himself in real estate. He then joined his family firm, called Elizabeth Trump & Sons and gained control of the company in 1971.
As an entrepreneur, it is important to learn and development great skills that can help lead to your success. Trump possesses skills such as goal setting, which is important because, those who have a clear vision of their targets enjoy a greater amount of success in the long run. He also has wonderful leadership skills, such as the ability to inspire others, the ability to delegate vital tasks and the ability to make good judgment calls in high-pressure situations. It is these skills, and many more, that have lead him to be the sole owner of more than 500 business entities.
Trump has had a massive impact on the world we live in today, as well as multiple people who live within it. Some of his pre-presidency impacts where that he created a large number of job opportunities for people, through his multiple businesses; he has contributed to the American and Global economy. He has contributed to the infrastructure in the U.S. through real estate and the construction of golf courses and casinos, etc.
Post-inauguration, however, he has impacted the world and the people living within a lot worse. Trump has ordered multiple bans on multiple Muslim-majority countries due to speculation and assumption. He extracted the U.S. from major agreements, which were put into place for obvious reasons. These agreements include: Trans-Pacific Partnership Trade Negotiations, the Paris Agreement (which has to do with ending global warming) and the Iran Nuclear Agreement.
In many cases, Trump, utilizes autocratic leading, however, in some circumstances, transformational leadership is employed.
Apart from his success being talked about, one thing that is always in question is Trump’s character.
Trump has been at the forefront of many media sources over the past few years, dealing with allegation of sexual assault, fraud, false statements and other legal disputes. Many have described him as distasteful and obnoxious. He has a continuing disregard for the respect that all people deserve and is, in many cases, unethical in his behavior towards others and, in some instances, within business practice.
There is, however, a silver lining to every dark cloud. Trump exudes confidence even in the worst situations, he is hard-willed and focus on his goals and pursues every opportunity without the fear of failure. He is highly authoritative and is a great negotiator with colleagues and he utilizes all the available factors of production sustainably.
In my own opinion, I think that the businessman, Donald Trump, is one that you can learn from, he is a good example of the great mindset and skills that an entrepreneur should have. There are some recognizably good business qualities that you can learn from him. However, I do think that his business mindset and character are a few of the things that have lead him astray and into trouble in his life.
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