Leadership. Donald Trump

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  • Topic: Donald Trump, Trump Entertainment Resorts, Trump Organization
  • Pages : 10 (3655 words )
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  • Published : March 10, 2012
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“A leader leads by example, whether he intends to or not.”

Donald John Trump was born on June 14, 1946, in Queens, New York, the fourth of five children of Frederick C. and Mary Macleod Trump. Frederick Trump was a builder and real estate developer who came to specialize in constructing and operating middle income apartments in the Queens, Staten Island, and Brooklyn. Donald Trump was an energetic, assertive child, and his parents sent him to the New York Military Academy at age 13, hoping the discipline of the school would channel his energy in a positive manner. Trump did well at the academy, both socially and academically, rising to be a star athlete and student leader by the time he graduated in 1964. He entered Fordham University and then transferred to the Wharton School of Finance at the University of Pennsylvania from which he graduated in 1968 with a degree in economics. Trump seems to have been strongly influenced by his father in his decision to make a career in real estate development, but the younger man's personal goals were much grander than those of his senior. As a student, Trump worked with his father during the summer and then joined his father's company, the Trump Organization, after graduation from college. Trump was the third generation of a business family. While working with his father, Donald Trump extremely successful in making profitable deals. His father commented on his son's business success by stating that "everything he seems to touch turns to gold". The young Trump assisted his father, Fred Trump, in ventures to build affordable housing. His father was a successful property developer that helped forms Trump's business sense. Trump acknowledged his father's influence by stating that "My father was my mentor, and I learned a tremendous amount about every aspect of the construction industry from him."

Donald Trump’s Business
Donald John Trump is the Chairman and CEO of the Trump Organization, a US-based real-estate developer. Trump is also the founder of Trump Entertainment Resorts, which operates numerous casinos and hotels across the world. Trump's extravagant lifestyle and outspoken manner have made him a celebrity for years, a status amplified by the success of his NBC reality show, The Apprentice (where he serves as host and executive producer). After gaining the necessary business skills in real estate from his father, Trump moved into the Manhattan real estate scene and charmed his way past the members' committee of an exclusive club - on the condition that he kept his hands off the wives of other members. With these New York contacts, he became the access to power and money, and Trump made the rich and famous his niche market. He understood their psychology well and, while other developers fought to cut corners and lower prices, Trump raised his. He became one of the most powerful landlords of the 1980s and went on to acquire some of the most exclusive properties in the city. Trump Casino, Trump International Hotel, Trump Marina Hotel and Casino, Trump Taj Mahal Casino Resort and Trump Tower are among his prestigious portfolio of real estate properties.

He has also had a hand in the construction of the Jacob Javits Convention Center; high profile restoration projects including the Plaza Hotel and Grand Central Terminal; and in one particular public relations coup reopened a dilapidated ice skating rink in Central Park months shorter and millions lower than city budget estimates.

Trump's name is almost synonymous with the city in which he was born where he brands his properties with the Trump name displayed prominently. They all have the Trump name in their titles and often have large "T" symbols placed all over the important areas of the building. Through his properties and business dealings he has developed a celebrity personality and often appears in gossip columns, television programs and magazines.

Bankruptcy and Comeback
Despite his knack for...
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