So, finally Donald Trump has defied all polls to become the 45th president of the United States. Regardless of lack of political knowledge, business tycoon Donald Trump swept to an unbelievable triumph in the US presidential elections. Now he has become a president-elect Trump. It is clear that in spite of lot of controversies, Trump’s message resonated with a large number of U.S. voters in major states, and exposed profound anti-establishment anger, rage and discontent. The supporters voted this Republican candidate because they believe he’s a self-made man and he’ll become a good president.
Believe it or not, Trump is a natural born leader whose bold approach, thought process, attitude, no-holds-barred style is a learning lesson for everyone in the business industry. So besides politics, what else business leaders can learn from him? Here are five leadership skills and business lessons that every business leader can learn from the controversial billionaire and business magnate.
1. Trump Believes in Himself
A word that distinguishes top class performers from average people is confidence. Believing in yourself is the key that Donald Trump strongly believes. If you tell Trump that this strategy won’t work or something is impossible, he will simply laugh. Most entrepreneurs don’t reach their full potential and can’t get a new height of success because they lack in belief in themselves and their expertise. This one small transformation of your thoughts can catapult you towards success. Believing in yourself is very powerful, as when you ooze confidence at its maximum level and start your day knowing that you can do it, you will surely win far more than you lose. Understanding the mindset of entrepreneurship will help you greatly, so the earlier you start believing in yourself, the better.
“When somebody challenges you, fight back. Be brutal, be tough”. Donald Trump
2. Determined to Succeed
The thing that separates winners from losers is nothing but determination. The thought process makes the difference huge. Successful performers like Donald Trump have made the decision to pay any price and face challenges in the name of victory. The outstanding performance of champions makes them unstoppable and ferocious on any performance field. For warriors, it is not winning that is everything, but the desire for winning that is.
“My whole life is about winning. I don't lose often. I almost never lose”. Donald Trump
3. Your Target Market can’t be Everyone
Trump thinks that he doesn’t please everyone and he believes he never will. The same thing should understand by entrepreneurs that there will always be supporters who like their products and services and some opponents as well. Let’s take an example of Apple here: the company focuses on giving its supporters the best service while not worrying about appealing to everyone. As it knows it can continue to appeal to its captive audience. The company believes that it will remain ahead. So, it is important to find the target market you appeal to and concentrate on giving your audience with the best product or service you can offer. If you try to please everyone, it will ruin your efforts.
“In the end, you're measured not by how much you undertake but by what you finally accomplish”. Donald Trump
4. Establish Your Brand Identity
Donald Trump has made it very clear at the start. The tagline “Make America Great Again” played a key role in founding his brand message from the very beginning. The impact of this branding message was priceless and lead to success of Trump. Similarly, entrepreneurs need to adopt the similar branding strategy from the beginning, if you want to gain power and establish your brand in the industry. Determine how you can establish your brand in front of your target audience and quickly draw their attention. Identify a strategy prior to launching and entice your audience.
“We will make America strong again. We will make America proud again. We will make America safe again. And we will make America great again”. Donald Trump
5. Stop Worrying What Other People Think
Donald Trump is an ultimate example of not worrying about what other people think, and it’s one of the reasons he is so successful. Keep in mind, business owners are responsible to your resources, clients and associates to be sincere and to act with integrity. However, they are not responsible for their attitudes or behaviors towards you. In business industry, approval system can restrain the most brilliant entrepreneurs from success because this approach values the opinions of others above your own.
“I judge people based on their capability, honesty, and merit”. Donald Trump
No matter you like Donald Trump or not, he has now become the President of America. These are a few important lessons business leaders can learn from his leadership style and bold approach. Good luck Trump and all business leaders!
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