Think like a Billionaire

date Jul 14, 2007
authors Donald Trump
reading time 4 mins
  • Book Title: Think like a Billionaire - Everything you need to know about success, real estate and life
  • Author: Donald Trump
  • Year written/published: 2004
  • My Comments: I totally loved this book… it has really short and candid chapters. It didn’t bore me at all :D Trump is full of sparkling practical ideas and it really gave me a glimpse into the life of a billionaire!!

  • Contents page:
  1. Real Estate
  2. Money
  3. The Business of Life
  4. Slices of the Billionaire’s Life
  5. Inside the Apprentice

Some extracts:

10 ways to think like a billionaire…

  1. Don’t take vacations. What’s the point? If you’re not enjoying your work, you’re in the wrong job.
  2. Have short attention span. Most successful people have very short attention spans. It has a lot to do with imagination.
  3. Don’t sleep anymore than you have to. I usually sleep about 4 hours per night. I’m in bed by 1am and get up to read newspapers at 5am
  4. Don’t depend on technology. A lot of it is unnecessary and expensive. I don’t have a computer on my desk. I don’t use an intercom. When i want someone in my office, i yell :P
  5. Think of yourself as a one-man army. You’re not only the commander in chief. Your’re the soldier as well. You must plan and execute your plan alone.
  6. It’s often to your advantage to be underestimated. You never want people to think you’re a loser or a schlep, but it’s no the good idea if they think you’re the smartest guy in the room.
  7. Success breeds success. The best way to impress people is through results. It’s easier for me to do deals now because i have had so many triumphs… … … If you’re young and you haven’t had any success yet, then you have to create the impression of success.
  8. Friends are good, but family is better. It’s better to trust your family than your friends.
  9. Treat each decision like a lover. … Sometimes people are surprised by how quickly i make big decisions, but i’ve learned to trust my instincts and not to over-think things.
  10. Be curious. A successful person is always going to be curious. I don’t know why this is true, but it’s definitely the case. You have to be alive to your surroundings and hungry to understand your immediate world. Otherwise, you’ll lack the perspective to see beyond yourself.

I thought of writing out the chapter headings of Part III - The Business Life, to give you a glimpse as to what this book covers… really interesting slices of a billionaire’s life! And trust me each of these chapters were not more than 2 pages long…

  • how to love your job
  • how to promote yourself
  • how to behave in a meeting
  • how to organise your office
  • how to dress and groom for work
  • how to balance work and pleasure
  • how to balance work and romance
  • how to impress anyone in business
  • how to balance money and marriage
  • how to be married
  • how to make good friends
  • how to know whether someone is loyal
  • stuff
  • places
  • how to travel in style even if you don’t have your jet set
  • how to be treated like a royalty in hotel
  • how to get the best service at the restaurant
  • how to improve your golf game
  • how to find great vacation resorts
  • etiquette

how to impress anyone in business…

  1. Be on time
  2. Do your homework
  3. Make a mental dossier on people
  4. Remember people’s names and small details about them
  5. Be honest
  6. let other people talk
  7. Be self-deprecating and disarming

now for the real slice of the Trump life :D…

  • best car - Mercedes
  • best suit - Brioni
  • best cuff links - TRUMP five-star cuff links that joe clique of the 5 star diamond awards gave me
  • best shirt - brioni
  • best ties- brioni and hermes
  • best shoes - high end shoes
  • best jewelry - graff, harry winston, asprey, fred leighton
  • best furniture - Mies van der Rohe
  • best antiques
  • best credit card - Visa, American Express
  • best shampoo - Head and Shoulders
  • best book - The art of the deal and How to get rich by me
  • best movie - Citizen Kane
  • best album - Frank Sinatra, Tony Bennett, Elton John
  • best broadway show - Evita, Phantom of the Opera
  • best painting - by my daughter Tiffany
  • best ice cream - Cherry Vanilla, Haagen Dazs
  • best hamburger - McDonald’s and DT Burger at the Trump Grill in Trump Tower

points worth repeating if you are intent on big success

  1. think big
  2. stay focused
  3. be paranoid
  4. be passionate
  5. don’t ever give up
  6. love what you are doing