Live and learn, live and learn. Our president is a very wise, learned man, actually.
24 Noteworthy Quotes from The Art of the Deal
In the book, āThe Art of the Deal,ā Donald Trump discusses his secrets to success. As a partial memoir to his life, Trump shares some of his best business advice and teaches the strategies to obey when making a deal. Here is a look at some great noteworthy quotes from āThe Art of the Deal.ā
āAnd if it canāt be fun, whatās the point?ā
āI always go into a deal anticipating the worst. If you plan for the worstāif you can live with the worstāthe good will always take care of itself.ā
āI believe in spending what you have to. But I also believe in not spending more than you should.ā
āI donāt hire a lot of number-crunchers, and I donāt trust fancy marketing surveys. I do my own surveys and draw my own conclusions.ā
āI like thinking big. I always have. To me itās very simple: if youāre going to be thinking anyway, you might as well think big.ā
āI like to think that I have that instinct. Thatās why I donāt hire a lot of number-crunchers, and I donāt trust fancy marketing surveys. I do my own surveys and draw my own conclusions.ā
never get too attached to one deal or one approachā¦I keep a lot of balls in the air, because most deals fall out, no matter how promising they seem at first.ā
āI play it very loose. I donāt carry a briefcase. I try not to schedule too many meetings. I leave my door open. . . . I prefer to come to work each day and just see what develops.ā
āIāve always felt that a lot of modern art is a con, and that the most successful painters are often better salesmen and promoters than they are artists.ā
āIn most cases Iām very easy to get along with. Iām very good to people who are good to me. But when people treat me badly or unfairly or try to take advantage of me, my general attitude, all my life, has been to fight back very hard.ā
āIāve known people who had fantastic ideas, but who couldnāt get the idea off the ground because they approached everything weakly. They thought that their ideas would somehow take off by themselves, or that just coming up with an idea was enough. Let me tell you something ā itās not enough. It will never be enough. You have to put the idea into action. If you donāt have the motivation and the enthusiasm, your great idea will simply sit on top of your desk or inside your head and go nowhere.ā
āIāve read hundreds of books about China over the decades. I know the Chinese. Iāve made a lot of money with the Chinese. I understand the Chinese mind.ā
āMany people are afraid to fail, so they donāt try. They may dream, talk, and even plan, but they donāt take that critical step of putting their money and their effort on the line. To succeed in business, you must take risks. Even if you fail, thatās how you learn. There has never been, and will never be, an Olympic skater who didnāt fall on the ice.ā
āMoney was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.ā
āMy people keep telling me I shouldnāt write letters like this to critics. The way I see it, critics get to say what they want to about my work, so why shouldnāt I be able to say what I want to about theirs?ā
āMy style of deal-making is quite simple and straightforward. I aim very high, and then I just keep pushing and pushing and pushing to get what Iām after.ā
āOne of the problems when you become successful is that jealousy and envy inevitably follow. There are peopleāI categorize them as lifeās losersāwho get their sense of accomplishment and achievement from trying to stop others. As far as Iām concerned, if they had any real ability they wouldnāt be fighting me, theyād be doing something constructive themselves.ā
āOne thing Iāve learned about the press is that theyāre always hungry for a good story, and the more sensational the betterā¦The point is that if you are a little different, a little outrageous, or if you do things that are bold or controversial, the press is going to write about you.ā
Perhaps the most misunderstood concept in all of real estate is that the key to success is location, location, locationā¦First of all, you donāt necessarily need the best location. What you need is the best deal.ā
āProtect the downside and the upside will take care of itself.ā
āSometimes your best investments are the ones you donāt make. ā
āThe point is that if you are a little different, or a little outrageous, or if you do things that are bold or controversial, the press is going to write about you.ā
āThe worst thing you can possibly do in a deal is seem desperate to make it. That makes the other guy smell blood, and then youāre dead.ā
āYou canāt con people, at least not for long. You can create excitement, you can do wonderful promotion and get all kinds of press, and you can throw in a little hyperbole. But if you donāt deliver the goods, people will eventually catch on.ā
Here is a great look at āThe Art of the Dealā in this financial literacy video featuring Donald Trump and Robert Kiyosaki. In this straight talk, Trump and Kiyosaki discuss how to make it through the tough times and rise above. To make good deals, they advice you should never quit and display the utmost respect and honesty to the other individual.
