Think Like a Champion, by Donald Trump: on Corporations


Donald Trump: Being a know-it-all shuts the door on new ideas

It's important to remain open to new ideas and new information. Being a know-it-all is like shutting the door to great discoveries and opportunities. Keep your door open every day to something new.Once in awhile ask yourself this question: What do I need to know more about?

If I'd started in business thinking I knew everything, I'd have been sunk. Don't make that mistake. There are a lot of hidden aspects in every industry, and you will find out how complex seemingly simple things can be.

Source: Think Like a Champion, by Donald Trump, p. 15-6 Apr 27, 2010

Donald Trump: Business is an acquired skill based on discipline & focus

A lot of people think I'm natural at business, but it's also an acquired skill that takes discipline & focus, just as being an athlete or a musician takes perseverance & training. Before I decided to go to the Wharton School of Finance, I had thought about studying film, but once I decided on Wharton, I was very serious and focused business student.

There's a certain amount of bravado in what I do these days, and part of that bravado is to make it look easy. That's why I've often referred to business as being an art.

I received a star on the Hollywood Walk of Fame in 2007, which was a big surprise for someone who opted for a real estate career. Did I have a natural talent for the entertainment industry? Maybe, but I've always paid attention to it, and I'm always learning. When I was in school, I always studied on my own in addition to what was required. I've noticed that a lot of very successful people have done the same thing, no matter what their respective fields might be.

Source: Think Like a Champion, by Donald Trump, p. 57-8 Apr 27, 2010

Donald Trump: Pragmatic positive: be positive, but be realistic

I'm a pragmatic positive thinker. When I hear people saying that anything you what to do is possible, that seems childish or at least uninformed to me. Some things are not going to happen. For example, if I suddenly decided tomorrow that I wanted to win a gold medal at the Olympics as a swimmer, and I was sure I could because I was so positive about it, well, I think I'd have to have some mental checks. It's not going to happen, no matter how hard I train. Or if I decide I was going to give Tiger Woods a run for his money as a golfer, starting tomorrow, I think I'd have to worry about being a little irrational. Be positive, but be realistic.
Source: Think Like a Champion, by Donald Trump, p.140 Apr 27, 2010

  • The above quotations are from Think Like a Champion
    by Donald Trump.
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