The Cool Eustress of Mister Donald J. Trump
by Byron M. Vidal
It took me some time to think well about writing this post because I’m quite avoiding to write and publish matters that have some degree of publicity and celebrity because nearly everybody knows Mister Donald J. Trump nowadays because of his presidential triumph “Trump.”
Before his presidential triumph “Trump,” I’m already reading some chapters of books he has written and was already listening to some of his audio books, it all started about fifteen years ago.
Although, I’m not yet a millionaire or billionaire when it comes to financial net worth, his written words and audio books, to some degree, are effective tools in helping and reminding me about the aspects/areas of my life to make it bigger than my very own life, in his own words, “Think Big.”
My most favorite words from Mister Donald J. Trump which he has written in one of his books, “It is often to your advantage to be underestimated.”
Supposedly, I will write and post this some other time but our Cool Eustress: Just Do It and Correct Course Along the Way philosophy is a motivating factor to just do it right away and the cool eustress side of Mister Donald J. Trump I think will benefit you urgently, setting aside his publicity and celebrity, let’s somehow appreciate his beneficial contribution to society in whatever form you can think of.
The cool eustress side of Mister Donald J. Trump just came from most recently when I was reading a book at the same time riding a public transport on my way here at the internet cafe. The book is written by Mister Robert Slater as a biography of Mister Donald J. Trump.
I would like to give compliment to Mister Robert Slater because he is really a good biographer and book author, and I will surely role model him when it comes to writing.
Here I think is The Cool Eustress of Mister Donald J. Trump which I get from the book written by Mister Robert Slater. I love to let you think well why I titled it The Cool Eustress of Mister Donald J. Trump:
Trouble was brewing for Trump that same March 1990 in his battle to remain solvent.
He was forced to declare for the first time that he might not be able to make a debt payment–specifically, the $43 million he owed on the Trump Castle.
Until then, he had never missed a payment. Until then, the casinos had provided enough cash to service his debt. No longer was that true.
Meanwhile, of the $9 billion that Donald Trump owed banks and other financial institutions, that included $975 million that he had guaranteed personally.
Donald Trump had his back to the wall.
Other men in his position might have set off for Mexico–or the nearest roof.
But at the worst moments, he felt no real sense of depression. Throwing himself off the roof of Trump Tower was simply not in his arsenal of business strategies.
Other men might have assumed that it was simply impossible to imagine coming up with the billions of dollars required to calm the increasingly agitated bankers.
But Trump did not believe in running away from battles.
On many occasions when he had launched a business initiative, close advisers had told him that he was crazy, that he would never succeed, that the odds were stacked against him, and that the powers that be held all the cards and he held none, or nearly none. He was too young, too inexperienced, too this, too that.
He listened–and then he pressed ahead. And when all was said and done, he overcame the obstacles; he built his buildings, and his closed advisers watched in awe at how he had defeated the odds.
The banks might have a good reason to foreclose on his empire. But he was not going down without a fight.
He knew that he had some things going for him.
Trump looked at what he was going through as a very temporary setback. He kept calling it a blip. All he had to do was convince the banks and the other financial institutions to look at his situation in the same way.
Meanwhile, he was not throwing in the towel.
He vowed that he would never allow himself to fall into bankruptcy. He would not give up. He had a reputation to that effect. Those closest to him knew he was a fighter. The New York Post columnist Cindy Adams noted, “If you set Donald Trump in the middle of the Mohave desert, he will open a soft-drink stand. He will never go down.”
Trump would not let himself fail. His choices were to retreat and give up, or to battle harder than he ever had in his life. He chose to fight.
He needed to come up with $73 million in debt payment by June 15.
The problem was, he simply did not have the cash.
In 1989, Forbes had put his fortune at $1.7 billion. Now in its May 14, 1990, edition, it ran a cover story estimating Trump’s fortune at only $500 million.
Why couldn’t he just sell off some of that net worth?
He could have, but “it would have been throwing good money after bad, and I didn’t want to do it,” Trump explained. “That was one of the reasons I survived and others didn’t.”
By early June, Trump’s struggle had intensified. The bankers were less than forthcoming. His efforts to sell or refinance his holdings had gone nowhere.
And those debt payments hung over his head like an ominous storm cloud: $350 million a year, or almost $1 million a day–way beyond what his cash flow was at the time. He had no idea where he might find the cash to make these payments.
You now have the Cool Eustress of Mister Donald J. Trump. Your Cool Eustress too, customize/adapt it for your very own benefit.