Donald Trump represents a unique form of entrepreneurship that revolves around dealmaking. His approach is characterized by a relentless pursuit of personal gain, rooted in his upbringing amidst real-estate transactions in New York. Unlike other wealthy individuals, Trump’s dealings rely heavily on personal reputation and speculative valuations. Critics often highlight his questionable successes and failed negotiations, but Trump has mastered the concept that deals can serve as a means to enhance wealth regardless of their outcome. Thus, his identity as a dealmaker informs his decision-making in various spheres, including politics.
Donald Trump embodies dealmaking as the essence of a particular form of entrepreneurship. His brand of greed harks back to leadership primarily about adversarial dealmaking, rather than innovation.
Trump’s entire career is built on deals, with his narcissism intertwined with deal-making. His socialization into his father's real-estate dealings shapes his approach.
Real estate in the U.S. relies on deals based on personal reputation, speculation on future asset values, and the ability to launder spotty career records.
Numerous observers have cast doubt on Trump’s image as a consummate dealmaker, citing his failures, but he understands that dealmaking does not need to be successful to increase his wealth.
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