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What is Trump's Entrepreneurial Experience?

   Release date: 2019-08-13     Hits: 47     Comment: 0    
Note: What is Trump's entrepreneurial experience?Some people say that Trump's presidency was fooled. This view is too

What is Trump's entrepreneurial experience?

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Some people say that Trump's presidency was fooled. This view is too one-sided. Trump's election to the presidency of the United States is inevitable, not accidental. With his rich personal experience, Trump was elected the 45th President of the United States.

gmtlight has sorted out Trump's entrepreneurial experience for you. Isn't he a power man?

Donald Trump was born in New York City on June 14, 1946. He was the second oldest, with one sister, two younger brothers and one younger sister. Because of his grandfather's early death, his father decided to start a business early in order to help his family. He found that the real estate business had a "money" way. So he created Trump Company, which specializes in building and operating medium-sized apartments in Queens and adjacent areas of New York City for the general public to rent or buy.

With the love and care of his parents and friends, Trump was full of self-confidence and vitality from an early age, unable to calm down and study hard. At the age of 13, his parents had to send him to the New York Military Academy, hoping that the academy's rigorous training would help him strive for the top. Trump enrolled in the military academy with a good popularity. He not only had excellent academic performance, but also was a good athlete. When he graduated from the military academy in 1964, his leadership temperament had taken shape.

After leaving the military academy, Trump was admitted to the Ivy League Wharton School of Business at the University of Pennsylvania. In college, Trump assiduously drew on new business knowledge, developed a keen business vision, coupled with his father's business secrets, when he was a senior, he was ready to break out in business. From time to time, he went abroad to study the latest and future economic trends, and deeply realized that the most important business strategy today is "marketing".

As soon as he graduated from college, Trump joined the real estate company his father founded. Although he helped his father manage his business during his four-year summer vacation, he was reluctant to stay in Queens, New York City, where his life circle was narrow. He preferred to live alone in bustling Manhattan, and bravely extended his antenna. He met many rich and powerful political and economic celebrities in the senior social circle. For his future development of real estate, he had Great help.

Trump believed that he was more ambitious than his father. He saw the economic potential of New York City and began to build spectacular high-rise buildings to earn higher profits. In 1974, the Pennsylvania Central Railway Company in Manhattan, New York City, declared bankruptcy. Trump immediately bought the property and proposed to the government the construction of a "municipal Convention center" here, but it was not until 1978 that the approval of the New York City Government was obtained. Trump pushed ahead and asked the city government to name the Convention Center Trump. Unfortunately, the city government refused.

In 1975, Trump bought a dilapidated hotel near New York Central Railway Station for $10 million. After five years of operation, Trump not only persuaded the city government to give 40 years tax breaks, smoothly complete the loan procedures, but also personally supervised the reconstruction project. The Hyatt Grand Hotel, completed in 1980, was a major part of Trump's real estate business. To achieve milestones. He hired renowned architects to design a new and beautiful hotel appearance, attracting an endless stream of guests, and still has a thriving business. The success of Hyatt Grand Hotel highlights Trump's unsuitable entrepreneurial talent. At the age of 34, it is well known in New York City. Next came the $200 million Trump Tower, a 68-storey complex in Manhattan, New York, which attracts countless long-term tenants by providing high-income people with spacious offices, boutique stores and luxury apartments. Trump earned bills and continued to climb even more challenging. The peak of sex.

Trump has gradually extended his investment to industries other than real estate, opening casinos, shipping, running professional football teams and sponsoring professional boxing. In the process of accumulating wealth, he put his name on every real estate and investment undertaking under his hands. Even the plastic bucket for customers to carry money in Taj Mahal Casino he owned was stamped with Trump's name. Because of the glory and fame accumulated by wealth, he could not help being complacent and intoxicated in the illusory money game and the sound and color of horses and dogs.

For many years, Trump has established a deep relationship in political and economic circles. Trump can easily expand his credit and invest more and more. And arrogantly called "Trump", it was guaranteed that several banks were willing to offer him tens of millions of dollars in loans at any time. Trump often expresses his opinions on the current situation in the media, which makes him arrogant and self-confident, even more arrogant and arrogant.

His business knowledge is abundant, but because of gambling and courage, he often intentionally violates conventions when investing and trading. When there is fierce competition in the market, most people will reduce prices and seek sales, while Trump will have more rivals and raise prices. Even though he had lost some business, he did not think so and insisted on running wild in the market with his unique trading skills.

In the early 1990s, the real estate industry in the United States was depressed and Trump's real estate was depreciated. As a result, his income declined, and his personal assets plunged from $1.7 billion to $500 million. Trump often dispatches working capital to avoid bankruptcy. At that time, he was heavily indebted, and the burden of interest alone amounted to more than 200 million dollars a year.

As Trump was in financial distress, his extramarital affairs were exposed and the happy marriage, which was envied by the American people, was instantly shattered. The news of the Trump couple's divorce in 1990 caused a sensation throughout the United States. once generously lent huge sums to Trump's banks

Young man, work hard! It's impossible to force it by bragging alone. The President is the powerful man, need to work hard from beginning.

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