The Most Important Business Tips From Donald Trump

With most communication happening via email nowadays – a quick review of your Inbox and Sent Items can be extremely rewarding. I have on average around five to seven thousand messages in my Inbox and about half that amount again in my Sent Items. When I do a ‘clean out’ I review each email and then hit the delete button.

Today I found an email I had sent to my husband a couple of years ago – it contained tips from a Donald Trump book called ‘The Way to the Top’. All the tips are from Business Leaders – they are true classics in my opinion and worth considering often in good times and when we are being challenged.

[BB Editor] I recommend printing this blog post and pinning it to your desk or wall and have a look at it a couple of times a day – there are so many awesome tips here for your business.

The Tips – In No Particular Order Of Preference

• Put yourself in your customer’s shoes
• Be leery of Loans – Borrow Money When You Can, NOT When You Need To
• Don’t worry about contracts – If you are dealing with bad people no contract will protect you!
• Follow Your Heart
• Only Results Count – don’t confuse effort with results!
• Trust but Verify
• Recipe for Success – Keep going, gather good people around you to do what you can’t and focus on your gift!
• Contribute to the Community
• During an Upturn – prepare for the downturn
• The Harder you work the luckier you get
• Make mistakes – Don’t be afraid to make calculated mistakes – you can always fix them. What’s important is to get the facts, make a decision – remember making no decision is in fact a decision
• There is no substitute for hard work
• Align your work with your values
• Be who you are all the time
• Imitate People you admire
• Be careful with whom you associate
• Bet on People not strategies
• Put your decisions through rigorous analysis
• Balance your Accounts – Anytime your output exceeds your input, your upkeep will always be your downfall. So NEVER spend more than you take in.
• Take care of the top line and the bottom line will follow
• Communicate with care
• Give your best to your work and your colleagues
• Think Big
• Go Beyond – do more than what is expected of you
• Let the Market Drive what you do
• Revenge does not make sense
• Remember your roots
• When there are 10 buyers and three puppies – every dog is the pick of the litter
• Stick with what you know – look at Trump he stuck with Real Estate and look where he is now – a Billionaire

Also in the Donald Trump Book are these TEN Simple Principles For Building A Successful Business:

1. Go where the traffic isn’t
2. You will never achieve more than you are willing to settle for
3. The only currency that has finite limits is time – so spend it wisely
4. You make your money when you buy, not when you sell
5. Get in too late and get out too early (that is how I made my money says Trump)
6. Do business with good people
7. Be one of those good people and people will do business with you
8. Serve the ultimate Boss – your customers
9. Don’t worry about things you can not control
10. If you review it – they will do it – monitor and review employee tasks and accomplishments in real time in order to ensure that everyone accomplishes their goals

Remember The Five P’s: Prior Planning Prevents Poor Performance

And finally the last of the tips I got from Donald Trump’s book “The Way To The Top”….

Buy low – Sell high

Know where you are going and others will follow

Nothing happens until a sale is made – everyone in the company should have the skills of a salesperson

It takes years to build trust and seconds to lose it

A person who is nice to you but rude to a waiter is not a nice person

Always remember where you have come from and the values you got there

The two best words in business – NO and FREE – be willing to say no to bad business, poor deals, poor returns in order to focus on better opportunities. Free – nothing is free

Copy successful people

Get the best people they will do the best job

Success comes from hard work – the guy on top of the mountain didn’t fall there

Share with your superiors and learn from criticism

Listen don’t just wait to talk

Don’t follow the money – the money will follow you