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How Family Values Helped Donald Trump Build His Empire
CNBC ^ | 4/15/2015 | Eric Schiffer

Posted on 08/14/2015 3:31:32 PM PDT by conservativejoy

Watching Donald Trump in action, whether as a prospective presidential candidate or on his show Celebrity Apprentice, can help anyone become a better leader. I know it's helped me at my eight companies.

Trump is undoubtedly the heart of the Trump Organization—a global superbrand worth several billion that includes a host of luxury commercial and residential properties; resorts, country clubs and golf courses in the U.S. and abroad; and a long list of entertainment assets. Yet his children are an integral part of the organization as well, and his successful collaboration with them has helped accelerate its growth.

Recently, I had the opportunity to interview The Donald and his children about how they have coalesced as a team around the show and their real estate ventures around the globe. It was fascinating for me, as an entrepreneur, to hear their perspective. Here are some takeaways.

It's ultimately about winning. Many leaders try to mask what their organization is really about by pointing to feel-good goals. Trump is famously direct. Asked what the most fulfilling part of working on Celebrity Apprentice has been just before the season finale this spring, Trump pointed to its high Nielsen ratings. "It's very gratifying to see ratings, because ultimately, it's a cruel business," he told me. "There have been 15 copies of The Apprentice, and they failed almost immediately. We're in the 10th year, Season 14, and [the show] continues to lead the pack. The fact that so many people have copied it and failed and we're continuing to get great ratings, it's an amazing thing."

Do it your own way. "Oftentimes, a problem will come up and everybody will say, `You have to do it this way,'" said his son Eric, executive vice president of development and acquisitions at the Trump Organization. "If you ask 99 out of 100 people, they would all do it that way. He (The Donald) goes, `Why don't you try this? ... He says, `Just trust me. I've been around this block a couple of times,' and he does the exact opposite of what a lot of people would do, and it's turned out remarkably well."

Find a hidden competitive advantage. One reason The Trump Organization can move so quickly in its hotel endeavors and other projects is the fact that it is a family business. When Trump's son Donald Jr., executive vice president at The Trump Organization, meets with partners, "they realize that if and when I have a problem, I call Don at midnight and I have a response in five minutes—as opposed to perhaps another brand, where they call someone in middle management who brings it up to a regional manager who brings it up to another manager who brings it up to a decision maker and then three levels back down."

Understand how work has changed. As technology has made it easier to stay connected, The Trump Organization has become more flexible about when and where its team works. "There has been a major shift for women and for men where technology enables us to not have to live a compartmentalized life," said Trump's daughter Ivanka, executive vice president of development and acquisitions.

"It used to be when my mother was at work, she was at work, and when she was at home, she was home, and there wasn't tremendous overlap between the two functions. That doesn't exist anymore. I'm at home playing with my kids and then jumping into the other room to take a conference call at 8 o'clock at night. I'm in the office and I'm calling in to check on my kids as they're leaving school or arriving at school. There's this continuity that didn't exist before, and technology has enabled it to be really one life rather than a siloed experience of the working woman and what she looks like in the office versus the woman who's staying at home with her children. Now it's all blended."

The change has affected men, as well. "They're choosing to be in an environment that recognizes that people have interests outside the office and also recognize the fact that people are working beyond 9 to 5," said Ivanka.

Live a balanced life—no matter how busy you are. The Trumps may be more ambitious than most, but they prioritize life outside of work, too. "Perhaps very differently than I was growing up, if you're a father that's not there and you're not present for your kids' sports games and you're not there for their play, you're the only guy—and it's not like you're dealing with a bunch of other people that aren't equally as successful or more so," said Donald Jr. "People just make an incredible effort today that you didn't see. If there was a father at my games when I was a kid—not my father; if it was anyone's father—it was an unusual thing. Now it's a conversation point if you're not there, and I think people have really decided that you've got to do it and you just have to figure out how to do it."

For the Trumps, family and success don't have to be in conflict—they're intertwined.


TOPICS: Society
KEYWORDS: casinos; cultofpersonality; meatmarketpageants; repositorytrump

1 posted on 08/14/2015 3:31:32 PM PDT by conservativejoy
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To: conservativejoy

Good article. I love hearing about the family.
Just wondering what you think of Melania Trump and if she would make a good First Lady.


2 posted on 08/14/2015 3:50:47 PM PDT by ElainaVer
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To: conservativejoy

(CNN) - This is fun:

The Iowa State Fair won’t allow Republican presidential candidate Donald Trump to give kids free rides on his helicopter on fairgrounds, but the real estate developer has secured a nearby location.

The helicopter will take off from a parking lot outside the fair in Des Moines, campaign state chairman Chuck Laudner told CNN on Friday, adding that Trump may hop on a few rides as well.

CNN previously reported that the Sikorsky is one of three that he owns, seats 12 people comfortably, including the pilot.

Trump will arrive in the $7 million helicopter before holding a press event. Despite Trump’s previous public announcement, his campaign expressed safety concerns about the event becoming so well attended that landing the aircraft could be a challenge.

The helicopter has already arrived in the area. It took three refueling stops to get it here and flew at an altitude of 2400 feet across the county, according to a source familiar with the travel plans.


3 posted on 08/14/2015 3:58:27 PM PDT by Rona Badger
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To: conservativejoy

Enthusiastic BTTT


4 posted on 08/14/2015 4:00:06 PM PDT by Guenevere (If the foundations are destroyed, what can the righteous do........Psalms 11:3..An Appeal to Heaven)
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To: ElainaVer

I admit I know little about Melania. I’ll do some research.


5 posted on 08/14/2015 4:11:17 PM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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To: conservativejoy
Having several kids with at least three baby mamas? Having a prenuptial agreement that basically mandated divorce? Using women as unpaid prostitutes tested for AIDS? Having to ask his Brother to bail him out because of his financial stupidity? I guess that is Leftist family vslues.

When I started reading Free Republic in 2998, we were fighting against Bill Clinton. I never realized that all the things we hated about Bill Clinton, some Freepers would later praise in another liberal.

I guess some people owe Clinton an apology.

6 posted on 08/14/2015 4:35:05 PM PDT by nickcarraway
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To: nickcarraway
When I started reading Free Republic in 2998

**********************

Impressive.

7 posted on 08/14/2015 4:36:20 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: ElainaVer; Guenevere

Nothing like celebrating a serial Philanderer! That’s what this country has come to.


8 posted on 08/14/2015 4:37:56 PM PDT by nickcarraway
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To: ElainaVer; Guenevere

Nothing like celebrating a serial Philanderer! That’s what this country has come to.


9 posted on 08/14/2015 4:37:59 PM PDT by nickcarraway
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To: trisham

1998


10 posted on 08/14/2015 4:38:22 PM PDT by nickcarraway
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To: conservativejoy

You posted the url source link TO THE ARTICLE correctly. YAY!

I knew you could do it.


11 posted on 08/14/2015 5:12:02 PM PDT by Responsibility2nd (With Great Freedom comes Great Responsibility)
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To: conservativejoy
Donald Trump listens to daughter’s campaign advice

Donald Trump has a long list of those against whom he holds a grudge, and often marches through a partial recitation of it at campaign events. But his other list, of those he holds in the highest regard, has one name at the top: Ivanka Trump.

At every stop, he introduces his daughter as smart, beautiful and a wonderful person. And in the portion of an interview with Fox News host Sean Hannity that aired Wednesday night, he suggested that she’s also his top adviser, on “that whole subject” of “women’s health and women” and beyond that whole subject, too.

At another point in the interview, Trump questioned how Caroline Kennedy got her job as ambassador to Japan, saying all she had to do was tell President Obama that she needed something to do. But Kennedy is a nice person, Trump told Hannity. And he knows this, he said, because Ivanka told him.

“Anybody that Ivanka likes, I like.”

Ivanka Trump Political Contributions in 2014

http://www.campaignmoney.com/political/contributions/ivanka-trump.asp?cycle=14

12 posted on 08/14/2015 6:02:31 PM PDT by MD Expat in PA
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To: nickcarraway

:)


13 posted on 08/14/2015 6:04:23 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: conservativejoy

Just watched Trump at a NH event. Anyone that thinks he is a loose cannon buffoon is an idiot. Trump is brilliant at getting his message across. Always working an agenda and very aware of the room.

Not ready to declare him my guy yet but I am enjoying the hell out of the show.


14 posted on 08/14/2015 6:09:40 PM PDT by mad_as_he$$
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To: conservativejoy

Family Values?

He just got through saying he may or may not defund Planned Parenthood following its public exposure to sell baby parts.

I recently visited Alaska and found out that the 1898 Alaskan Gold Rush produced almost no gold for miners, but a lot of gold for those who took advantage of the miners, men such as Frederick Trumpf, who opened hotels, bars and provided prostitutes for those miners and built a fortune.

He later changed his name to Trump, and was Donald’s grandfather. great family values there.


15 posted on 08/14/2015 7:32:29 PM PDT by bestintxas (every time a RINO loses, a founding father gets his wings.)
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To: bestintxas

.....”Trump just got through saying he may or may not defund Planned Parenthood following its public exposure to sell baby parts”......

That’s NOT what he said......he said he didn’t want the “brutal” abortion part of Planned Parenthood operating nor funded. But that the rest of Planned Parenthood helps woman....but wants to look closer at that.


16 posted on 08/14/2015 7:37:36 PM PDT by caww
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To: caww

Where in my statement did I say different than what you quoted?

No categorical yeah or nay was given by him.


17 posted on 08/14/2015 7:42:14 PM PDT by bestintxas (every time a RINO loses, a founding father gets his wings.)
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To: ElainaVer

The porn star will be a great model for little girls across America to emulate


18 posted on 08/14/2015 10:36:05 PM PDT by GeronL (Cruz is for real, 100%)
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To: mad_as_he$$

I couldn’t help but notice how the crowd reacted to Trump. They were laughing and eating up every word he said.

Cruz still has my vote, but my prayer is that he and Trump both wind up on the ticket.


19 posted on 08/15/2015 7:11:21 AM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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