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Life-changing insights from The Entrepreneurship Mastery Program

I have the privilege of being Trump University's professor for The Entrepreneurship Mastery Program, the new class that met for the first time this week.

In a moment, I will share a truly remarkable quote from Amy Frankel, the guest lecturer for our first session, Understanding the Entrepreneurial Mindset. But before I tell you what she said, let me tell you about Amy.

For more than 20 years she worked in marketing for major corporations, working her way up to several marketing directorships. She then left to work for advertising and marketing agencies so she could master that side of the client/agency relationship. Finally, she and her partners founded TAG Creative, a brand communications agency in New York City.

That was five years ago. How well has TAG done? Let me just say that their client list includes Bausch & Lomb, Cosmopolitan, Coty, Hearst Corporation, Liz Claiborne, L'Oreal, Maybelline and Movado. Her company's annual earnings stand at about $5 million, which is incredibly impressive when you consider that only a few more than 275,000 of the 10.6 million U.S. companies that are owned by women generate as much as $1 million.

Amy is an extraordinary and successful entrepreneur, so when I asked her to lecture to my class, I expected her to explain skills that entrepreneurs need to start a business. Instead, I heard a statement about pure passion - a passion of a very unusual kind. I was blown away, and I think that my students were too. Let me share some of Amy's words with you:

"I had entrepreneurship in my blood and my spirit . . . I always ran my businesses like an entrepreneur, even when I was working for someone else. I always felt like a puppy on the end of the leash. There were things that I just had to run my way.

"While my partners and I were working for different agencies, we were always having a conversation that went, 'What would this be like if we were doing this our way? How would this be an expression of who we are, why we come to work, how we want to be treated and how we want to treat people?'

"In the corporate world, I often felt that I was much more of a champion of the people who worked for me than I was a champion of the company to them . . . and that was one clue that I needed to become an entrepreneur. It was about creativity, values, doing things my own way. But it was also about having my work become an expression of me . . . to have a sense that I am in my own skin, that I am doing what I am meant to do. When you become an entrepreneur, you are not fitting yourself into someone else's suit. You know it is the right thing for you."

I hope you agree with me, that those are inspiring sentiments. Let me share some news about upcoming sessions of my class, which I know will be just as exciting:

  • Session Two: Market and Industry Analysis. Tim Goertel, a world-class thinker who runs strategy for ReedExpo, the leading trade show company, will explain how to gauge the potential of a new business idea.
  • Session Three: The Customer and Competition. Don Sexton, a highly respected Trump University faculty member, will help students master the skills to do business in today's ultra-competitivand the founder of e marketplace.
  • Session Four: Marketing and Branding. Nancy A. Shenker, a visionary marketer and founder of theONswitch, will explain how to cut to the heart of marketing and branding.

I believe that in these sessions, we will hear ideas just as inspiring as Amy's. As that happens, I will report them to you here.

Trump University professor Beth Polish teaches The Entrepreneurship Mastery Program. Ms. Polish, who received her MBA from Harvard Business School, has held senior management positions in diverse industries including media, finance, private investment and technology. She serves on the National Advisory Board of the Women's Leadership Exchange and conducts seminars around the country as a WLE "growth guru."

Beth Polish is professor for The Entrepreneurship Mastery Program at Trump University. Ms. Polish, who received her MBA from Harvard Business School, has held senior management positions in diverse industries including media, finance, private investment and technology. She serves on the National Advisory Board of the Women's Leadership Exchange and conducts seminars around the country as a WLE "growth guru." 

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8 Comments

[-] Posted by Richard Guyon on 08/02/2006 9:46 PM
Dear Beth, I'm able to completely relate to Amy Frankel's mindset in my own work history as an employee. The last full time job I held, in the first week after starting, the CEO left on a 2 week holiday leaving an important task with the most senior employee. After only 1 day away the CEO emailed me asking how the task was going, and poorly didn't describe it. This CEO was so attune to my natural leadership ability in the few days he had to evaluate my work ethics, he decided to turn the whole project over to me, even though there was another partner in the office above the senior employee. I wish I had the time to start The Entrepreneurship Mastery Program like I wanted to, but my current schedule hardly left time for me to enjoy 2 1/2 days of what was to be a week vacation, but sometimes to be a successful Entrepreneur, you have to make these sacrifices, and like so great a line, "Tomorrow is Another Day". Look forward to more about the program, I'm hoping to sign up (time permitting) some time,,, and if I get any more contracts, it will be time to start hiring employees. How do I find time to post on the Trump Blog? Posting here is enjoyable and I'm grateful to TrumpU for the opportunity to share business sense.
[-] Posted by Deedee on 08/02/2006 11:51 PM
I think what Amy's did on her business is the best thing from her. And imagine if all employee's value like Amy, I think the whole world will be rich. Unfortunately, not all people have value like Amy. We go back to mental and discipline of someone on their job. Also, people behaviour in job. I wish I can apply it like Amy did in my place! I wish!
[-] Posted by Constanta Antonov on 08/04/2006 6:16 PM
I am intrigued
[-] Posted by Aida on 08/07/2006 4:52 AM
It is interesting to know how the Entrepreneurship Mastery Program can benefit me as I plan to invest into franchise business. Aware that I am not genetically born with entreprenuership skill I think franchise business is the best options for a start.
[-] Posted by Roy DuVall on 08/08/2006 5:17 PM
Wow, if I acted like that, I'd be SO fired! It would be great though. Too many people where I work don't want anything to change. It's depressing.
[-] Posted by Jim Savage on 08/08/2006 5:20 PM
Why is it some people get ahead for acting the way Amy acts and some of us get fired?

That's exactly why I'm looking into starting my own business.

I just read a chapter from this tax attorney Drew Miles and it got me thinking that it's time to forge my own path. Zero 2 Success is the name of the book. Can't wait to read the rest.

Life is interesting. Glad I found this article. Thanks for sharing.

Jim
[-] Posted by Tara on 08/10/2006 7:01 PM
Dear Richard,
Whatever you want to achieve you will! I love reading your blogs as much as reading the articles.
[-] Posted by victor castleton on 08/10/2006 11:12 PM
Dear Beth, who, wanting to be an entrepreneur wouldn't agree with you..."I am doing what I meant to do"...when you define yourself so categorically.VJC
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