Writer: Donald J. Trump with Meredith Mclver
After the first book, I was very excited
when I discovered this book while reading Trump Think like a Billionaire. I was
very interested in his thoughts about how to get rich. After all, he’s a
billionaire. And this book really doesn’t disappoint me; it provides many good
tips. It covers six aspects: The Donald J. Trump School of Business and
Management, Your Personal Apprenticeship (Career Advice from The Donald),
Money, Money, Money, Money, The Secrets of Negotiation, The Trump Style, and
Inside The Apprentice. Although there’re some contains (such as tenacity,
focus, think big and etc) that he has repeated many things in his other books, I
think it’s good to read about those contains again and again to really absorb
them, to make them become a part of me. Overall, the book is quite interesting,
but I’m not sure about the last two parts, which are A Week in the Life and
Inside The Apprentice, because I didn’t read them due to the fact that Trump
Think Like a Billionaire has them as well. And I found them boring although
quite inspiring.
As usual, I would pick
up three points from the book to think about them and try to apply them.
The first one is
about reading. In this post I don’t include everything about his reading habit,
as I’ve mentioned some of his reading habit in my previous post, Book Review –
Trump Think Like a Billionaire (http://www.lucusweb.blogspot.com/2012/10/book-review-trump-think-like.html).
Here are some excerpts from the book:
“… realize how much I need a certain amount
of quite time – usually about three hours a day – in order to stay balanced. It’s
time I use to read and reflect, and I always feel renewed and refreshed by
this. It also gives me material to feed my extroverted nature.”
“I’m an early riser, usually up by
5A.M., which gives me a few hours to read newspapers and magazines of all sorts
– local, national, and international.”
“Once I’m home, I read books – usually biographies.
Now and then I like to read about philosophers – particularly Socrates, who
emphasizes that you should follow the convictions of your conscience, which
basically means thinking for yourself, a philosophy I tend to agree with”
“The New York Post has developed a truly
great business section – and one that is fun to read”
“If you read these financial
publications for a while, you will start to pick up on the cadence and get a
feel for what’s happening in the market, which funds are the best, and who the
best advisers are.”
“Buy them a subscription to Money or
some other personal finance magazine.” (Them here refers to kids)
“I find reading psychology and self-help
books useful. Carl Jung’s theories fascinate me, and keep my mind open to my
own – and the collective – unconscious.” (In the book, he also gives many other
reasons.)
“Know everything you can about what you’re
doing. – Fred Trump”
The skills of learning are very important in order to
succeed; Hence, I always pay one hundred and twenty percent of my attention
when an author mentions about his learning habits. From the excerpts above, we
can roughly know how Donald’s reading habit is like. After reading Donald’s
books, I started adding reading magazines and newspapers into my daily routine.
From this about-one-month experience, I discover three secrets about reading
magazines and newspapers.
1-
I learn that newspapers
and magazine are great tools to help us get to know the environments related to
us, and the knowledge about the environments are really important, for example,
I want to involve in English teaching business in the future. By reading
newspapers, I learnt about what people in the industry are doing now, the
government policies, and the problem students are facing and etc. Knowing the thing
is the beginning step to innovation, and developing useful products that suits
the market. I also study USA and China via newspapers. Learning more about the
two countries are really important for me, as chances are that I will immigrate
to either America or China in the future. Studying the two country will help me
make sharper decisions in self development, and also choosing which country I
should go and etc. The above is just two of the many examples.
2-
I also realized that having a target in mind is very
important while reading newspapers. When I read newspapers, I keep looking for
5 things which are important for me, which are news on education, news on China
and US, news on entertainment, important knowledge, and news on business. This
habit of keeping my targets in mind are very helpful, and make the reading
process a lot more productive.
3-
As for the magazines, I also choose a few magazines
focusing on finance, health, and entertainment to supplement the newspapers.
I’ll also try biographies, philosophers, and
psychology when I’m free. There might be hidden gold inside them as Donald Trump
also reads them.
As for
investment, the tip Mr. Trump provides it’s simple yet wise, which is to invest
simply
Two more excerpts from the book
“When
you look at legends like Alan “Ace” Greenberg and Warren Buffett and marvel at
how good they are, you will likely see that what makes them so successful is
the same quality you should apply to every one of your own investments – common
sense. … I’ve read many of Warren Buffett’s annual reports. In every case, what
fascinates me is that he is able to reduce things to the simplest of terms.”
“The wisest thing I can tell you is to
invest only in products you understand, with people you know you can trust.
Sometimes the best investments are the ones you don’t make.”
Reading magazines and newspapers, I realized that
business world is very big. There’re many kinds of investment tools. And very
often, they can be very complicated for a person who is not specialized in
business like me. This tip provides me with a direction on what things I should
focus on, which are the simple thing, and things that I am more familiar, and
also tries to simplify things I’ve learnt about investment.
In Connect with Your Audience (The Art of Public Speaking,
Part1), Cover These Eleven Bases (The Art of Public Speaking, Part 2) from part 2, Mr. Trump also
provides many brilliant tips about public speaking. I’ll go through them again and
again before I do presentation.
At the end, I want
to thank Mr. Trump for spending time writing so many books providing us a good
platform to study him and learn from him. THANKS!!!
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