Management Advice from Donald Trump
I apologize for not blogging frequently the last week. I was in the midst of midterms and working on a few larger projects.
One of the most fundamental aspects of starting a business I was introduced to was having the right people sit around the business table. You don’t want anyone around the table that doesn’t belong and whoever is there needs to be the best you can find. Donald Trump is a strong believer in this as well, and here’s what he says in his book The Art of the Deal:
“Very simple rule when it comes to management: hire the best people from your competitors, pay them more than they were earning, and give them bonuses and incentives based on their performance. That’s how you build a first class operation.”
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