Donald the Successful Businessman

 

 

 

 

 

 

 

 

Who is Donald Triump?

 

Let's look at him through the years...

 

 

Childhood years of Donald...

 

 

 

At the age of 13, Donald was going through the trouble with the authority e.g. disciplinary teacher or law-enforcer.

 

According to Wikipedia, Donald got into some trouble and was send to the New York Military Academy by his parent. Some other biography stated that his parent send him to the military academy so that he can learn to direct his energy and assertiveness in a positive manner as well as learned discipline and to complete his middle education.

  

  

In his career, he faced financial problems from 1989 to 1997.  According to Forbes magazine (Forbes April 3, 2000) estimated that Donald's increased debt and a drop in real-estate values caused him to lose more than two thirds of his net worth of $17 billion in 1989 to $500 million in 1990.

 

Toward the end of this period, he began to negotiate and restructure his debt. He has successfully negotiated down his debt but his real estate business is heading for a decline.

 

 

 But in 1997, Donald Trump seems to stage a come with several projects.  Look at Trump projects during this period. Excerpt from Wikipedia: The Trump International Hotel and Tower - Honolulu seems to be a success. Construction of the Trump International Hotel and Tower - Chicago proceeds as planned although 30% of the units remain unsold. The Trump International Hotel and Tower – Toronto has had a series of delays and a height reduction. The Trump Tower - Tampa has been quite controversial because the initial sales were so successful that all deposits were returned to charge a higher price. Three years after construction of this controversial development began, construction has delayed and lawsuits have been filed. In Fort Lauderdale, Florida one Trump construction project was put on hold in favor of another (Trump International Hotel and Tower - Fort Lauderdale). Meanwhile,Trump Towers - Atlanta is being developed in a housing market which has the nation's second-highest inventory of unsold homes.

 

In December 2008, he failed to pay a loan due to Deutsche Bank amounting to US$40 million due to property bust and financial crisis at that time. On 13 February 2009, Donald stepped down from the board od director in Trump Entertainment Resorts. On 17 February, Trump Entertainment Resorts filed for Chapter 11 Bankruptcy.

 

 

While his good name in the business world is receiving a dent and his real estate business is heading south, his celebrity image has taken to a new level. In 2003, Gui Wei year, Donald became the executive producer and host of the NBC reality show, The Apprentice. It is a huge success.

So what do you think and say about this Donald?  Will Donald Trump, a name that is larger than life in the US real estate world, turns it tides and make a successful come back? Well, while a whole lot of people think that good fortune will bring you far, there is still 30% element of change that you can controlled. If you can feel Donald's passion and will power, you know he will max up this 30% in his hand. He summed his future in these few words, "Anyone who thinks my story is anywhere near over is sadly mistaken."