Introduction Donald Trump

Many celebrities become real estate investors, but few real estate investors become celebrities. Donald Trump is the most celebrated exception.

Donald John Trump, Sr. is an American business magnate, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Well known for his controversial statements and You are fired phrase. A popular personality with great Leadership style, Donald Trump is considered to be a pure Task Oriented Leader, A good an analyst and always ready to take on challenging opportunity. He has seen ups and downs of life and has always come and faced the tough situations and won. Donald Trump is also considered to be Ambitious and has an Attitude of Think big which shows his vision to get something big in life. A Billionaire with 3.1 Billion U.S. Dollar Assets, Donald Trump has made his ways to Forbes 500 List.

Background

NAME: Donald John Trump BIRTH DATE: June 14, 1946 (Age: 66) IS HALF GERMAN AND HALF SCOTTISH. PLACE OF BIRTH: Queens, New York EDUCATION: New York Military Academy, Fordham University, Wharton School of Finance

OCCUPATION: Entrepreneur, Reality Television Star ZODIAC SIGN: Gemini SPOUSE - Melania Trump (m. 2005), Marla Maples (m.1993-1999), Ivana Trump (m. 19771992)

CHILDREN - Donald Trump, Jr., Ivanka Trump, Tiffany Trump, Eric Trump, Barron Trump NET WORTH 3.1 Billion U.S. Dollar (As of 2012) INTEREST: Auto biographer, Business Writer, Television Personality. Is rated as 128th in 400 list, and 401 in Billionaires The Apprentice has made him a well-known celebrity he was No. 17 on the 2011 Forbes Celebrity 100 list.

Career
1. Businessman Real Estate Developer Donald Trump started his business carrier in Trump Organization with his Father. He was very much influenced by his Father. Donald Trump told My father was my mentor and I learned a tremendous amount about every aspect of the construction industry from him. Likewise, Fred C. Trump often stated that some of my best deals were made by my son, Donald.everything he touches turns to gold. Donald Trump was optimistic about New York Citys strong economic potential then, and ventured into Manhattan real estate. 2. T.V. star Donald trump became a TV actor in 2004 by hosting a show The Apprentice. The show has become hit since the day it started. Donald Trump has got lot of awards and recognition due to the show. Apprentice show was also made for Celebrity known as Celebrity Apprentice. You are Fired statement was popularized in this show.

3. Author Donald Trump has written various books which gives insight to not only his lifestyle but also provides business information and tips.

Trump: The Art of the Deal. (with Tony Schwartz). New York: Warner, 1987. Trump: Surviving at the Top. New York: Random House, 1990. Trump: The Art of the Comeback. New York: Crown Business, 1997. The America We Deserve. (with Dave Shiflett). New York: Renaissance, 2000. Trump: How to Get Rich. (with Meredith McIver). New York: Random House, 2004. Trump: The Best Business Advice I Ever Received. New York: Crown Business, 2004. Trump: Think Like a Billionaire: Everything You Need to Know About Success, Real Estate, and Life. (with Meredith McIver). New York: Random House, 2004.

Trump: The Best Golf Advice I Ever Received. New York: Crown, 2005.

Leadership Style of Donald Trump

Authoritarian (Autocratic) Leadership This style of Leadership is one in which the leader gives order to its subordinates as how the work is to be accomplished without taking any advice from its subordinates. Best Known as Bossing People Around Donald Trump is considered to be an Authoritarian leader which was showcased in its show The Apprentice. Donald Trump also showed a new management style known as in your face. This shows that Trump is a low LPC leader, being unable to work well with his least preferred coworker (LPC), or task-oriented, in Fielders contingency theory (Dubrin Dalglish Miller, 2006).

Donald Trump runs his organization in a tall structure where power is vested in the highest echelons of his empire. He believes strongly in hierarchy and authority level. He prefers to tell his subordinates what to do rather than give them the freedom to perform the task. Trump is very selective of who he gives power to, i.e. he does not take into account subordinates locus of control. Task-motivated Leader Trump leadership is also considered to be that of a Task-motivated leader, which can be seen from his attitude of do-whatever-it-takes. Donald Trump is considered to be a smart

entrepreneur. Entrepreneurs focus on opportunity while employees focus on resources like money, people and time. A person with an entrepreneurs thinking will say "Let's tie the deal and find the money later" (Kiyosaki 2006, Para. 6). Trump shows his strong achievement drive and risk-taking abilities with his lofty goals. His personal philosophy of thinking big was the strategy behind his business deals. This is what Trumps character is like. Charismatic Leadership People consider Donald Trump as a Charismatic Leader; it is through his Charismatic style that people listens to him. He possesses the verbal fluency that can build relationships between many parties, it is his style which makes him sell anything, it is through this charisma that he possesses that makes him able to change peoples mindsets into positive ones; and make even opposing forces to agree common goal and move forward. He becomes a true leader that others happily follow because they believe in him and his message.

Trump also has impressive visionary perspectives of daring to do things differently. While his competitors were focused on building medium-income housing, he was designing million dollar condominiums.

Quotes by Donald Trump

1. Sometimes by losing a battle you find a new way to win the war. 2. When somebody challenges you, fight back. Be brutal, be tough 3. If youre interested in balancing work and pleasure, stop trying to balance them. Instead

make your work more pleasurable

4. I could never have imagined that firing 67 people on national television would actually make me more popular, especially with the younger generation

Political Life
In 2000 election, Donald Trump expressed a desire to run as a third- party candidate for the United States presidency, for nomination of Reform party. In 2010, trump said he considered himself a potential candidate for President of the United States in 2012 election but then rolled out the name and supported Matt Romney for the presidential election.

Connection with India

Donald Trump is going to start his business in India by opening luxury Tower in Mumbai. A joint venture with Rohan Lifescapes Pvt. So Donald Trump soon will be having a business connection with India.

Business Diplomacy Retirement and Death

Still Working as Chairman and President of Trump Organization,

Honours/ Awards
1) Donald J. Trump, Chairman and President of The Trump Organization, was presented with the honorary award of Doctor of Business Administration (Hon DBA) at Robert Gordon University, Aberdeen on Friday 8 October 2010.
2) Statesman of the year by Sarasota republican club in Florida.

3) Nominated many times for various TV Awards.

What we learn from Donald Trump Think Big-

Donald Trump was always a big thinker. He believed in making big deals and huge investments in real estate because he saw potential. Although, Trump would land himself in debt, he would later on make even a stronger comeback. As a result, he became known throughout in the business world and became a TV personality as well. A good leader should always think big as well. As Goethe once said, Dream no small dreams for they have no power to move the h-earts of men. If youre a leader and you wish to speak to peoples hearts, remember that you have to think big! We are going to have a collection of hotels that is superior to any company in the world. We have the ability to get the best locations and the best projects because people want to be associated with the Trump brand Donald Trump (Duell 2008, Para. 12).

Have a positive Energy

Donald Trump is a man of energy. He believes it is energy that drives passion, and passion is what will make the impossible happen. Passion should be your driving force as a leader. You must be passionate about what you are doing and where you are heading. A passionate leader translates energy down to his followers as well, giving them motivation to run an extra mile, stay an hour longer, fight a little harder for the cause. Always try to Bounce Back

Although he went into bankruptcy, Donald Trump has enough self-belief that he could stand back up again, and where he is today is a testament to his tenacity to bounce back from a failure. Failure is very normal to people, especially to leaders. If youre a leader and youre constantly breaking new ground, the chance of failing is far higher than if you were staying in your comfort zone. Donald Trump has been declared Bankruptcy in 1991, 1992, 2004 and in 2009 but still we see that every time Donald Trump has come out strongly from bankruptcy. It is worthwhile to note that Donald Trump personal debt was never bankrupted it was his business which always was in debt.

Conclusion
Donald J. Trump is the definition of a success story, continually setting new standards while expanding his interests in real estate, sports, gaming and entertainment. He is the classic businessman a deal-maker without equal and a passionate philanthropist. Donald Trump is a business man who has made his own road. He has a quality of a good leader which always bounces back and has always turn around the worse situation in his favour but one thing to note is that, he is a person who works on his own terms. His leadership style is that of an Autocratic Leadership but I feel that he should have a leadership style of Bureaucratic leadership it will help Donald Trump to grow as a Leader.

References

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http://www.scribd.com/doc/78338800/Richard-Branson-and-Donald-TrumpLeadership-Styles

http://emol.org/celebrities/trump/niceguy.html http://www.osbornewriter.com/donald_trump.htm http://www.sellingpower.com/content/article/?i=1069&ia=3914 http://pabook.libraries.psu.edu/palitmap/bios/Trump__Donald.html http://www.tmz.com/person/donald-trump/#ixzz2HxwTTdX2