Leadership. Donald Trump Essay Example

property developer in the construction industry, for nurturing his business acumen. He regards his father as a mentor and acknowledges the invaluable knowledge he gained from him. Presently, Trump holds the positions of Chairman and CEO at the Trump Organization, an American real estate development company. Additionally, he is also the founder of Trump Entertainment Resorts, an organization that oversees multiple casinos and hotels across the globe.

Trump has long been a well-known figure, known for his extravagant lifestyle and straightforward personality. His fame was amplified by the popularity of The Apprentice, a reality TV show on NBC, where he served as both host and executive producer. Trump gained valuable business expertise in real estate with guidance from his father and made significant strides in the Manhattan market. It is worth mentioning that he obtained approval from a members' committee at an exclusive club under the condition that he would not pursue relationships with other members' spouses.

Trump gained power and wealth by leveraging his connections in New York. Unlike other developers who aimed to cut costs, he specifically targeted the affluent and well-known as his clientele. Understanding their psychological tendencies, Trump strategically increased prices. Consequently, he emerged as a prominent landlord during the 1980s, acquiring numerous esteemed properties in the city. Notable additions to his impressive real estate portfolio encompass Trump Casino, Trump International Hotel, Trump Marina Hotel and Casino, Trump Taj Mahal Casino Resort, and Trump Tower.

Donald Trump has engaged in various construction projects, such as the Jacob Javits Convention Center. He has also restored renowned landmarks like the Plaza Hotel and Grand Central Terminal. Furthermore, he efficiently reopened a deteriorated ice skating rink in

Central Park, completing it faster and at a lower cost than the city budget had initially estimated. Trump's deep connection to his hometown is evident through prominently showcasing the Trump name on his properties and incorporating notable "T" symbols throughout these buildings.

Despite a significant setback in 1990, Donald Trump has emerged as a prominent figure through his properties and business ventures. He frequently appears in gossip columns, TV shows, and magazines. Nevertheless, his reputation took a hit when he declared bankruptcy after failing to repay more than $2 billion in bank loans. However, despite this downfall, Trump's determination became evident as he managed to bounce back from the verge of financial collapse by the late 1990s.

Donald Trump has authored multiple books about his life, including "Trump: The Art of the Deal," "Trump: The Art of the Comeback," and "Trump: The Art of Survival." He has also collaborated on well-received books like "The Art of the Comeback" and "How To Get Rich: Big Deals from the Star of The Apprentice." Nonetheless, amid the 2008 financial crisis, he encountered difficulties as sales for his Trump International Hotel and Tower in Chicago dwindled. Consequently, in December, he failed to repay a $40m loan to Deutsche Bank.

Donald Trump claimed that the crisis was an Act of God, utilizing a contract clause to avoid reimbursing the loan. Additionally, he initiated a countersuit, asserting harm to his reputation. In response, Deutsche Bank highlighted Trump's track record of unpaid debts and previous bankruptcies associated with his casinos. Trump defended himself by viewing it as a triumph rather than a failure, emphasizing the advantages of emerging from bankruptcy and establishing an influential gaming

company. Despite this controversy, Trump is renowned in the real estate industry for his remarkable structures including Trump Tower on Fifth Avenue, Trump World Tower at United Nations Plaza, Trump Park Avenue on 59th Street and Park Avenue, Trump Place by the Hudson River, and Trump Palace.

In 1997, Trump International Hotel & Tower was introduced to the world. This magnificent 52-story hotel and residential building was meticulously crafted by renowned architect Philip Johnson. It has received a coveted double Mobil Five-Star rating for its opulent accommodation and extraordinary dining experience at Jean-Georges restaurant. Fast forward to 2008, Trump International Hotel & Tower Chicago emerged as the talk of the town with its impressive 92-story structure, earning the prestigious title of the "hottest new hotel in North America" by Conde Nast Traveler. The success of Trump Hotel Collection echoes globally as it continues to embark on groundbreaking projects worldwide with resounding triumph.

Mr. Trump is renowned for his expertise in creating top-notch golf courses, as evidenced by his award-winning courses in various locations such as New York, New Jersey, Los Angeles (Trump National Golf Clubs), Palm Beach (Trump International Golf Club), Canouan Island in the Grenadines, and a forthcoming one in Aberdeen, Scotland (Trump International Golf Links). He also has projects underway in Puerto Rico and the Dominican Republic. Mr. Trump's passion for golf can be observed through the exceptional courses he has constructed and continues to develop worldwide. The most recent addition to his portfolio is the Trump National Golf Club/Colts Neck in New Jersey.

Mr. Trump is a well-known writer with a collection of popular books, including "The Art of the Deal," "The Art of the

Comeback," "The America We Deserve," "How To Get Rich," "Think Like a Billionaire," "Trump 101," "Why We Want You To Be Rich," "Think Big" and "Never Give Up." In addition to his involvement in real estate, he partnered with NBC Television Network in January 2004 to purchase and air the Miss Universe, Miss USA, and Miss Teen USA Pageants.

Donald Trump collaborated with Mark Burnett Productions and NBC to develop and star in the reality TV show, The Apprentice, which is currently airing its eighth season. Trump's production company, Trump Productions, based in Los Angeles, plays a crucial role in the show's success. Moreover, he had a prosperous radio show on Clear Channel for an extended period.
Trump's leadership approach is unorthodox and characterized by eccentricity and unique business strategies.

All leaders share a common characteristic: the need for power. This attribute is clearly displayed in every property owned by Mr. Trump, including casinos, buildings, and golf courses, all bearing his name. Despite his eccentric nature, he possesses immense power and consistently demonstrates astute business acumen. Moreover, he fearlessly embraces risks. These qualities have contributed to his esteemed position as a business leader and one of the nation's most notable billionaires. Donald Trump has been featured in various magazines, authored multiple books, and hosted NBC's "The Apprentice".

Mr. Trump displays various traits such as values, skills, and cognitive abilities, all of which he exhibits. It appears that he possesses an extra quality that sets him apart from others – everything he touches turns to gold. His leadership styles have contributed to his wealth, power, fame, and global recognition. He is regarded as an autocratic leader who values input from

a few members of his team but can come across as rough and "bossy". Autocratic leaders excel in emergency situations or high-stress scenarios.

Donald Trump is well-known for his unique leadership qualities and personality traits. He possesses confidence and extravagance as an entrepreneur who has interests in various industries such as real estate, entertainment, gaming, and sports. One notable characteristic of Trump is his fearlessness towards failure. He believes that failure is a crucial part of the journey towards success because it teaches valuable lessons on how to succeed. Instead of fearing failure, he encourages others to embrace it, as losing a battle can lead to discovering new ways to win the war. Furthermore, Trump emphasizes the importance of passion in one's work. He firmly asserts that passion is essential as it provides the necessary energy for achieving greatness. Without strong passion for work, he argues that accomplishing something remarkable is unlikely.

Moreover, Trump advocates for being open-minded about new experiences. Drawing from his own experiences, he highlights the significance of listening to one's intuition rather than solely relying on what may seem good on paper or logical reasoning alone.

Lastly, he advises individuals to stick with their areas of expertise in order to achieve better outcomes.

Donald Trump's understanding of the value of experience has led him to realize that sometimes the best investments are the ones he chooses not to pursue. Known for his involvement in high-risk ventures like real estate acquisitions, Trump is always open to new opportunities. His unwavering self-confidence defines him and inspires his team and subordinates. With this belief in himself, he has successfully acquired numerous properties and demonstrated strong leadership skills.

According to

The Guinness Book of Records, Trump holds the record for achieving the most significant financial turnaround in history, amounting to billions of dollars. Despite facing massive debt obligations in the early 1990s, Trump refused to give up and never lost faith in himself. Even during a time when newspapers were predicting his downfall, he remained determined.

In addition to determination, enthusiasm plays a crucial role for leaders as it fosters positive relationships with team members and serves as a motivational catalyst resulting in organizational benefits.

Donald Trump's strong work ethic and determination have been instrumental in his success. He prioritizes finding solutions over dwelling on problems, displaying unwavering perseverance and resilience. These qualities are essential in the competitive business world, where he embraces challenges rather than succumbing to defeat. Personally and professionally, he refuses to accept failure, which has greatly contributed to his remarkable comeback.

Furthermore, Donald Trump possesses both charismatic and transformational traits that make him an exceptional leader. His influential personality exudes power and energy, enabling him to effortlessly sway those around him. Additionally, he excels in communication, further enhancing his ability to motivate others.

Trump has achieved fame, success, and glory through sheer hard work despite facing criticism from some quarters. Despite this criticism, many regard him as a good person. His renowned catchphrase "you're fired" epitomizes his reputation for innovation, influence, power, and credibility.

Donald Trump has successfully established a positive reputation among people worldwide, making him widely accepted as a great leader. He possesses both referent power and expert power. Donald Trump's mastery of his subject, particularly in property, has earned him expertise in his field, granting him the expert power. Additionally, his strong

influential personality and referent power have contributed to employee retention at the Trump Organization. The following are Bill Gates' charismatic characteristics: Communication Skill - he possesses strong communication skills.

He not only talks to employees and addresses their concerns, but also communicates with property dealers to gather more information about real estate. As an extrovert, he enjoys interacting with people around him, viewing it as a chance to brainstorm and share ideas. His optimistic attitude is apparent as he always looks for positive feedback. Despite encountering many obstacles on his path to success, he confronts them courageously. It's crucial to remember that what worked for someone else may not work for your own journey towards success. You may face challenges that others have not encountered.

According to Donald Trump, the way a person responds to unexpected situations is crucial in determining their success. He attributes his own belief in this perspective to his father's friendship with Dr. Norman Vincent Peale, author of The Power of Positive Thinking. Trump sees himself as a cautious optimist and places great importance on maintaining a positive mindset. He believes that by doing so, he has been able to overcome challenges and achieve success even in unfavorable circumstances. Ultimately, Trump argues that embracing positivity in life brings numerous advantages.

With a strong drive and zeal for success, he is constantly seeking knowledge and always looking to innovate and explore new things. He remains engaged in order to gather new information, and is particularly well-known for his popular TV show, "The Apprentice". His expertise as a developer of high-quality real estate has established him as a leader in the field, and his wide range

of interests has set a new standard in the business world. His dedication to excellence is legendary, and his philanthropic efforts are an integral part of his personal values. He is an exemplary entrepreneur and prominent figure in New York who isn't afraid to take risks.

Donald J. Trump has encountered numerous risks in his career and in building his business corporation. After months of discussions with bondholders regarding restructuring a significant debt, Trump's casino empire has sought bankruptcy protection. On Sunday, Trump Hotels & Casino Resorts Inc. and its affiliated operations filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Camden, N.J. The Trump casino business encompasses three Atlantic City properties and a riverboat casino in Indiana. However, this is just a fraction of Trump's extensive real estate empire.

He remains positive and sees this bankruptcy as a mere setback. He possesses a visionary outlook, with numerous innovative concepts for obtaining new properties and establishing unique and enjoyable golf clubs. His expansive perspective has contributed to his success as an entrepreneur. Donald Trump has stated, "I have consistently made difficult choices with the ultimate goal of financial success. It may be beneficial for America to be governed more like a business." In one of his quotes, he emphasizes, "I strive to gain wisdom from past experiences while actively preparing for the future by concentrating solely on the present moment. That's where the excitement lies."

He also believes that Everything in life is luck. TRANSFORMATIONAL LEADERSHIP: Donald Trump, a successful entrepreneur and corporate leader, possesses a passion for achievement and has achieved significant success in his business. He maintains a good relationship with his

group and team members, regularly coordinating with them. Though he initially faced difficulties, he has now moved to a higher ground. Here are some of his transformational characteristics. Supportive Leadership: Donald Trump exhibits exceptional convincing and communication skills.

He openly shares his experience and business secrets with others to help them grow and acquire new properties. He is an innovative thinker, intelligent, and skilled at multitasking. Being the richest man with billions of dollars in property, he leads by example by standing against critics and proving his ability to handle any circumstance.

Donald Trump is an exceptional leader in the 21st century, serving as a role model for both business executives and everyday individuals. In his organization, Trump demonstrates success in various aspects, which can be attributed to the character and strategic approach of the leadership. The company's culture, influenced by this character, holds greater importance than its strategy as it embodies the true essence of the organization. Furthermore, when Trump employs derogatory language such as "fat," "slob," and "ugly" to describe others, it effectively communicates a powerful message to the company's employees.

The employees who do not feel at ease in this culture will figure out a means to distance themselves from this conversation, often resulting in their departure from the company. They will be substituted by others who possess a similar leadership mindset. This results in the second leadership statement being indirectly communicated to the employees, particularly those who perceive themselves as fitting into the negative categories outlined by the leaders. The employees at Trump Organization meticulously observe each action and comment, especially those who aspire for career advancement. Their goal is to impress Donald Trump

and emulate him.

Within the organization, there are individuals who seek approval from their leaders. Donald Trump's leadership style provides us with valuable insights that can be learned from. The general public has witnessed many of his accomplishments and failures. However, he consistently bounces back from setbacks. Thus, we can learn lessons from both Trump's successes and failures. The main lesson is to avoid becoming complacent once you reach the peak. When Donald Trump reached the pinnacle of success, he showed no concern because he had everything he required.

Donald Trump's empire suffered a downfall, despite his apparent lack of consideration for this outcome. To recover, one must exert effort and establish contingency measures. In response to the initial collapse of his empire, Trump leveraged his business connections and expertise to launch The Apprentice show, which played a crucial role in restoring attention and triumph. Had he lacked the audacity to rise again and make another attempt, the show might never have come into existence.

The phrase "You are fired" no longer elicits the same reaction it once did. In times of adversity, individuals should leverage their skills and connections to regain their footing. It is important to never allow obstacles to define one's limitations. When faced with unexpected challenges, use them as opportunities to achieve significant success. There is no obstacle too great for a person to overcome. Surrounding oneself with supportive individuals provides the necessary encouragement to recover from a fall.

In summary, Donald J. Trump embodies the epitome of the quintessential American success story.

Mr. Trump declares himself as the leading developer in New York and the biggest in Atlantic City, asserting that he can uphold this

position. He has consistently elevated the standard of excellence and expanded his business ventures both nationally and internationally. Personally involved in every endeavor bearing his name, Mr. Trump showcases his unwavering dedication. This level of commitment has solidified his reputation as the premier creator of exceptional real estate, acknowledged worldwide; his pursuit of utmost quality is apparent in all his endeavors. He epitomizes the archetype businessperson, a peerless negotiator, and a zealous philanthropist.