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This book is a must-read because it provides a comprehensive account of the decision-making process, which is something other autobiographies lack. The author clearly outlines the problem he is facing, the available options to solve it, and the rationale behind his choice. The friendly writing order makes it easy to use the book as a decision-making exercise. When I read about Trump's decision-making, I first guess what I would choose if I were in his shoes. This is very beneficial.
For example, when Trump took on the government ice rink project, there were two options for making ice. When I read this part, I made a choice and found that it was the same as his. After he explained the reasons, I was even more confident in my judgment. Frankly, this kind of autobiography that exercises decision-making patterns is rare in the context of the vast amount of reading I currently do.
Let me be clear: this book is still packed with valuable insights. It has given me a deeper understanding of American society and Trump's character.
1. There are clear differences in the classes and ways of working. As the position increases, the technical aspects decrease. Trump provided a detailed account of his weekly schedule. From this schedule, it is clear that his work week is not technically demanding. He goes to bed early and gets up early, and doesn't eat lunch much. The main content of his work is clearly "communication + decision-making." His work schedule revolves around making phone calls, socializing, writing letters, listening to reports, and making decisions. His work is not difficult, as can be seen from the way he uses his physical and mental energy. The hardest part is that ordinary people can't get to his position and cultivate his kind of decision-making intuition. This also provides insight into why celebrities boast about their hard work. Everyone has a different point of effort. He calls eating and socializing work, but ordinary people are obviously not as lucky. Ordinary people simply provide brain power and physical strength. Resource providers like them are different. Their work is primarily focused on resource coordination.
2. A true leader knows that only real ability counts. Trump is clear in the book that he has no respect for experts. For example, despite graduating from the Wharton School of Business, he openly dismisses the institution as unremarkable. He went to Wharton to study business because it has a prestigious reputation. He has also made his views on McKinsey & Company, Professor Porter, I. M. Pei, and others abundantly clear. This shows he's a practical person who isn't easily confused by external factors like titles and fame. This also gives me a key inspiration: people must have their own hardcore strength, not be afraid of their talent being buried, and true talent will not be confused by external factors.
3. Focus on the present and don't let emotions get in your way. In the book, Trump provides a detailed account of how he started his business, gained experience in negotiations, and offers a wealth of invaluable advice. I believe that focusing on the present is one of the most important pieces of advice. Excellent businessmen are rational and calm. They make decisions that are in their best interests after considering the situation as a whole and then focus on implementation. They remain detached from emotions and make objective decisions. The so-called shrewdness of businessmen is simply rationality and calmness.
4. Just because you have a contractual spirit, it doesn't mean you can't play petty tricks. In the book, Trump doesn't hesitate to use his own tactics to get the project or resources he wants. One of the most impressive passages was when he had the construction workers transport soil from one end of the construction site to the other so that people who came to inspect the site could see the busy construction site. He got the project, and he got it with the help of this illusion.
5. He has his own unique information network and analysis methods. Trump places particular emphasis on business intuition. He looks at various analyses, but he relies on his intuition when making key decisions. I am convinced that this is an intuition formed through years of hard work in the business world. This kind of empirical intuition cannot be explained, only understood. I am consistently correct in my guesses about what Trump will do next. my predictions align perfectly with the choices he makes in his books. I am pleased to say that I have a similar thinking pattern to his. He was a businessman in his early years and knew the value of field research. During field research, he never missed key details and always saw the finer points that others could not see. These details were the key to success or failure. For example, when building low-cost rental apartments in his early years, he learned the ins and outs of the industry that outsiders did not know. He quickly realized that low-cost rental apartments had no future. He then sold them at the peak of their development. He saw workers throwing sacks onto the roadside during a site visit to an ice rink and went to find out more. This ability to research and observe is downright terrifying. He can discern the global economic situation from the tenants of his building, which is also a point that I find inspiring.
6. The execution is strong. The difference between people is not in their vision, mindset, or level of information. It is in their execution. Trump is a very strong executor. He does what he says he will do, and he does it when he says he will do it. For example, he will make phone calls for three months for a project. He is not afraid to admit that there may not be a direct result, but that there will be indirect benefits. If you can't achieve your initial goal, you'll achieve something else in the process. This is also what surprised me the most. I was taught that if something is doomed to fail, don't do it. Trump has taught me that nothing in the world is doomed. You will get unexpected results if you just keep pushing forward. Don't make assumptions about the best way to do something before you try it.
7. The place where real money is made is not always obvious. Trump revealed to his accountant in an off-the-cuff conversation that casinos account for a large proportion of his industry's profits. His autobiography also reveals that the seats at dinners of American charity organizations are all fixed prices.
8. Networking is crucial. I have always been convinced that technical expertise is the most critical, and that networking is a very time-consuming thing. This autobiography revealed something profound: networking is crucial at a certain level. A lot of key information is concentrated within small circles, blocked off by interpersonal barriers. If you're not in this circle, you can't access this type of information.
9. He has a bottom line. Trump has always been portrayed as a treacherous businessman by domestic public opinion, but the reality is that he has a clear bottom line. Having a bottom line allows you to reject opportunities that don't belong to you and people you shouldn't befriend. It also forms a more stable perception of yourself by others, which is conducive to consolidating your personal IP.
Trump is more like a soldier than a businessman. Money is just a means for him to achieve his goals.
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