The Trump University Guide To Making Business Deals An Art
Donald Trump said it himself: “I don’t do it for the money. I’ve got enough, much more that I’ll ever need. Deals are my art form.” Not everyone can say that. In fact, most people starting their ventures into real estate investment are doing so to supplement their incomes, not to “get their kicks” like Donald Trump. But, he has built a strong argument about turning deal-making and smart investments into a refined art, just like any painter, musician or architect.
A excellent business sense is a honed technique, and is constructed on a foundation of business basics and supported by experience, innovation and judgment; you will hear the same thing about artistic sense in any fine arts course. The basics of business have evolved over the decades, but there is not one aspect of making a fantastic real estate deal that is not affected and influenced by the past. The same can be said for the greatest artists – just look at the progression of someone like Degas or Picasso. By reflecting on what the past has taught us about business, by learning from the successes and failures of those who come before us, by adapting past techniques to a future model, your personal strategy will become an art form.
No one who has been really successful, not Donald Trump and not Mozart, has been successful because they have copied the conventions of their day. Developing the ability to reckon with innovation and a fresh perspective and to weigh the risks with the benefits is crucial to breaking into the top tiers of success. Every investor should constantly be looking for something new and different. Your foundation of the basics will only get you as far as what is already known – it is up to you to go beyond.
Everything in business is connected. The things you learn in business classes and read in best-selling books plays a part in the foundation of your business technique. Like an artist, being meticulous and thoughtful in applying your studies to your thoughts will help hone your business art.