You’ve already learnt the basics about Donald Trump in our previous article. Now let us walk you through one of his biggest business successes – The Trump Tower.
Now, more than never we know about Donald Trump’s successes. We know how loud he is being currently while running his presidential campaign, but how did he got here? How can one businessman be so seriously in a run for a president and how can he be so successfully doing it? He doesn’t talk like a politician – that is for sure, he doesn’t have the experience or the expertise of a politician but yet he is succeeding in politics. There is something about this man – there is the passion he puts in his work which is freaking tremendous. He famously said in his best-seller book “The Art of the Deal” (1987)
“I don’t do it for the money. I’ve got enough, much more than I’ll ever need. I do it to do it. Deals are my art form. Other people paint beautifully on canvas or write wonderful poetry. I like making deals, preferably big deals. That’s how I get my kicks.”
Seemingly, business is Donald Trump’s art form, and like any other art form, one needs to have passion to make it a masterpiece. Trump’s first masterpiece is the famous Trump Tower in New York City. The project started in 1980 and by 1983 was finished. The result … a high rise, 48-story building with exclusive restaurants, stores and multimillion penthouse apartments!
This deal was risky from the start. Construction started in 1980 with the demolishing of the Bonwitt Teller flagship store. Trump originally intended to donate the interior to the Metropolitan Museum of Art, but later, almost everything was destroyed due to security and expenses. The architect of the building was Der Scutt, a renowned architect of numerous major buildings throughout the United States of America, who was furious at the begging because he wanted to incorporate the previous sculptures in the lobby of the Trump Tower.
Trump’s 48-story building Tower made of glass and metal later became Donald Trump’s signature, and after it has been completed, it became the tallest building in New York City. The place where the Trump Tower is now wasn’t planned for a building of that height but with few agreements with the buildings around it, obtained the necessary license. This business deal cemented Donald Trump’s place in the list of influential entrepreneurs and paved the way for his future successes (Taj Mahal, Trump Tower Chicago, The Apprentice etc.). According to Forbes Magazine (2006) the value of the tower is around $318 million.
Read more about Donald Trump’s failures which certainly contributed hell a lot to his success in our upcoming articles dedicated to Donald Trump. Don’t forget to check out our article on Donald Trump quotes about success.