Page 5 - How To Get Rich
P. 5

Good people equals good management and good management equals
                good people. They have to work together or they won’t work together for
                very long. I’ve seen good management get by with mediocre people, and
                I’ve also seen excellent people get stuck in the mires of bad management.

                The good managers will eventually leave, followed by the good workers,
                and  you  will  be  left  with  a  team  that  gets  along  because  they’re  all
                mediocre.  Save  yourself  time  by  getting  the  best  people  you  can.
                Sometimes  this  can  mean  choosing  attitude  over  experience  and
                credentials. Use your creativity to come up with a good mix.
                     Creative  people  rarely  need  to  be  motivated—they  have  their  own
                inner drive that refuses to be bored. They refuse to be complacent. They

                live on the edge, which is precisely what is needed to be successful and
                remain successful.
                     One of my former employees was in charge of a new project. He had
                done a thorough and acceptable job, but I felt that something was missing.
                It wasn’tfantastic, which, knowing his capabilities, it should have been. I
                decided to challenge his creative ego by mentioning that it was fine but

                seemed to lack inspiration. I politely asked him whether he was genuinely
                interested  in  the  project  and  suggested  that  perhaps  that  might  be  the
                problem.
                     Well, the guy went ballistic on me. He was deeply insulted.
                     And, as you can probably guess, the revision he turned in was terrific.
                The difference between the first draft and the final version was incredible.
                I didn’t slam the guy because he was usually demanding of himself and

                had never let me down. But I had to give him a jolt.
                     Generals  motivate  their  soldiers;  they  inspire  them  when  it  is
                necessary. They do the same for their highest-ranking officers. We all need
                a boost now and then. Learn how to tailor your method to the personalities
                you are managing.

                     Keep the big picture in mind while attending to the daily details. This
                can seem like a balancing act, but it is absolutely necessary for success in
                running a company.

                     Stay Focused
                     In the 1980s, I was riding high. After learning the essentials of real
                estate  development  from  my  father,  Fred,  a  builder  in  Queens  and
                Brooklyn,  I’d  become  a  major  player  in  Manhattan,  developing  Trump
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