For the first blog for The Trump Entrepreneur Initiative, I'd like to start with some basics that will help anyone who wants to be an entrepreneur. My father, Fred C. Trump, who was a real estate developer, gave me some great advice, great because the advice was not only solid, but it worked. In fact, it still works.

1. He always told me to "know everything you can about what you're doing." In other words, be thorough. I watched him and he definitely practiced what he preached. He knew everything about construction and could show carpenters shortcuts. He was very focused as well as thorough.
2. From an early age, my father impressed upon me that "the most important thing in life is to love what you're doing, because that's the only way you'll ever be really good at it." This is absolutely true, and that's why I so often mention that passion is necessary if you want to be successful. If you love what you're doing, the difficulties and setbacks will be much easier to handle. Passion can give you a great resiliency.
3. My father had a Four-Step Formula for work:
    ? Get in
    ? Get it done
    ? Get it done right
    ? Get out

That formula is one reason he was so efficient. It's also one reason I'm known for getting things done. Keep this formula in mind and you'll discover how much time you can save.