Wednesday, April 22, 2009

Lessons learnt from 'Fortune Without Fear' a book by Barry Lenson



As a passionate Real Estate investor, i have read a lot of books on this subject over the years. My role model is Donald Trump. Donald John Trump (born June 14, 1946) is an American business magnate, socialite, television personality, and author. He is the chairman and CEO of the Trump Organization, a US based real-estate developer. Trump is also the founder of Trump Entertainment Resorts, which operates numerous casinos and hotels across the world. I have been closely following his career over the years. Donald Trump is a smart real estate investor with a magic touch. His signature buildings are scattered all over the world. Key lessons i learned from this book are chronicled below:

People who succeed in real estate are brave, but not reckless. They have developed some very effective strategies for analyzing a problem and taking action:

First, they accept the reality that real estate investments are risky. In other words, they are realistic.

Second, they invest the time to understand the risks that surround what they want to achieve.

Third, they take considered actions, despite the risks that they have identified and analyzed. By understanding and minimizing risk, they reduce it to an acceptable level.

Fourth, they learn a lot from every risk they face. Then they apply their learning, and build success on success.

These key lessons form the backbone of this valuable book 'Fortune without Fear'. Please grab a copy and enjoy it.

Happy Reading

 

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