Who Controls Your Financial Destiny?

Posted by Michael Sexton on 9/18/2007 at 6:29 AM
Posted in Success

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Alan Greenspan’s new book The Age of Turbulence is ruffling the feathers of many of the biggest eagles in Washington. Greenspan, the most respected economic analyst in the world, uses his book to point out how increased government spending, a growing trade deficit and other governmental miscalculations have put our country’s economic future at risk.

I am not going to take sides on the argument. This is not a political blog. At Trump University, we teach our students the skills they need to achieve success predictably, year after year, through good and bad economic conditions.

Of course, governmental policies do affect the tactics we use to generate wealth. When the Fed raises or lowers interest rates, for example, real estate developers have to shift the strategies they use to buy properties, sell properties and finance their projects. And when President Bush announced last week that the government was considering new ways to help homeowners hold on to foreclosed properties, his statement got investors thinking about the opportunities that might result if the government really does intervene.

Successful people have to learn how to adjust their strategies so they can go on amassing wealth, despite downsturns. In a very real sense, that is what Trump University is all about - teaching people to master trends instead of becoming victims. Because in life, we can make excuses and blame “them.” Or we can create our own success.

Ultimately, the path you choose is up to you. But the path to success demands knowledge.

Michael Sexton is President of Trump University.

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4 Comments Post a comment

Posted by member1630137 on 09/17/2007 11:24 PM

With that being said. Does that mean when you see a downturn in business that is seasonal i.e. miniature golf. you see a lack of business but you adjust your target market i.e. college kids /families in the fall to increase your income level.

Posted by member1324644 on 09/18/2007 6:40 PM

There is no doubt, these days in particular, are days of great volatility in the business and financial market place. In just the past 24 hours I am receiving reports of massive runs on British banks, American foreclosure figures for August that surpassed July's high figures, and today's response by the lowering of the American interest rates. My point is simply this and I believe it parallels what Mr. Trump is saying, this is a fast paced, quick shifting environment where many will waive in by making predictions of what will come. A fool will grab hold of such predictions and claim them as truth without first becoming informed independently to be able to see and understand the logic behind the predictions being made. One thing is for sure, this market place is changing so fast, some days it's catering best to those in running shoes then those who will lose time polishing their leather shoes. Be informed. Think big, and think on your feet. More importantly, be ready to respond quickly.

To any small business owner who may read this, as a word of encouragement, know this, a small business owner can shift and change direction much more quickly on behalf of a client than a larger corporation, in this kind of market place, this, more so than ever, is the time to promote and leverage that style of asset.

James C. Tanner

James C. Tanner of http://www.silent-wonder.com and of http://www.myspace.com/james_c_tanner is a retired entrepreneur, a former special investigator, and a published writer who's articles and written comments are enjoyed by 12.5 million readers monthly.

Posted by member1600131 on 09/19/2007 2:41 PM

Hi Sexton:
Your arguments are 100% valid. Entrepreneurs find ways to survive and even excel during the worst period of economy. I love the way you are trying to motivate.

Rajesh Shakya
http://www.rajeshshakya.com
Helping technopreneurs to excel and lead their life!

Posted by Security Futures Products LLC on 09/21/2007 10:22 AM

Dear Mr. M. Sexton, When you wrote that " in a very real sense Trump U. teaches people to master trends instead of becoming victems". I have to agree with you that we do make excuses and use the blame game. As Sun Tzu once said;" I rather be wrong in defeat, then to beg for foregiveness". So you can create your own success if you will only ask, beleive, and receive. Cedric Bell, charitablechildcare@yahoo.com

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