Friday, January 23, 2015

MR. RESILIENT: 5 MONEY LESSONS WE CAN LEARN FROM DONALD TRUMP

Donald Trump sits not only at the helm of the trump organization but is one of the world's most successful entrepreneurs. Sure, this wealthy business man may be a bit polarizing, but he’s overcome financial adversity time and time again. This iconic and immensely wealthy individual can teach us treasured lessons about life in general and money in particular. Go ahead, read and absorb the information below – your financial IQ will increase exponentially.
1. Money Matters Require You to Think Beyond Ordinary Limits
Donald has repeatedly stated that, as long as an individual is thinking, it is paramount that he or she thinks big. Thinking outside the confines of average considerations opens one's eyes to new opportunities. This, by extension, implies that your spending will be more productive than in ordinary occasions when expenditure tends to give nothing in exchange for taking your money.
Trump advises that one plans only for big things in life, since there is always a room for success for people who dare to think big. You will also realize that spending is targeted, and your money gives you satisfaction and attracts the desired success.
2. Money Requires Present Focus
Money sense comes from learning from past encounters and planning for the future. However, success will be realized by exclusively being focused on the present. As they allege; the past is dead and buried. Therefore, your money will work for you if your focus is pegged to the lessons from the past. Since the future is yet to come, it is not recommended that your money is focused on uncertainties.
Your money will only be beneficial if your present dealing and use of cash is maximal. This will prevent your present and future endeavors being replicated into your past misfortunes. All your money and resources should be directed to making current ventures as productive as possible.
3. Success Is Never Guaranteed
You may instill discipline in your spending, your focus on venture may be unmatched, but failure is often inevitable. According to Mr. Trump, sometimes it is in losing a fight that one discovers the way to winning a war.
There are times when losses will hit, despite having planned and made the best use of your money. Therefore, be a cautious spender, but never be apprehensive about failing. Remember, charting a course to success is never stress-free, and there are numerous hills of failure along the way.
4. Moderation Is Not Always a Guarantee for Success
Donald Trump's lifestyle is far from a moderate one. He is, in fact, known for the phrase that, if you can't go big, simply go home. This does however give you a green light to becoming a thoughtless spendthrift. It merely implies that there's no need to spend life in depravity. Spend your money wisely; use it to make your life comfortable.
5. Watch Your Spot
Donald Trump has, on various occasions, showed that life is, to a great magnitude, all about luck. Your money should be placed on every opportunity that comes your way. It may look like too much of a risk with your hard earned money, but remember that accomplishment beckons to those who dare to take risks.
Look for promising ventures and place your money in them. While it’s wise to perform your due diligence while investigating opportunities, sometimes you just have to trust your gut instinct. Let your money bring you happiness; be wise with it. Have fun and enjoy your money.

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