An analysis of the motivation characteristics that lead to the development and success of Donald Trump.

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Business Entrepreneur

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An analysis of the motivation characteristics that lead to

the development and success of Donald Trump

Table of Contents

Introduction -------------------------------------------------------------------------2

Literature Review-------------------------------------------------------------------------- 3

Donald Trump Motivation--------------------------------------------------------------6

Analysis------------------------------------------------------------------------------10

Conclusion -------------------------------------------------------------------14

Bibliography --------------------------------------------------------------------15

Introduction

An entrepreneur is one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and assembling the necessary resources to capitalize on them. (zimmerer, 2008) The underlying concept of motivation is some driving force within individuals by which they attempt to achieve some goal in order to fulfill some need or expectation. People’s behaviour is determined by what motivates them. Their performance is a product of both ability level and motivation.

Donald Trump’s Success is defined by the accomplishments people make in their lives. These accomplishments are underscored by their abilities to lead and inspire himself and others. Many theorists have pondered what characteristics and traits lead people to have such a passionate drive towards success. Donald Trump is one of these triumphant individuals, who despite adversity have accomplished unrenowned achievements. In order to understand what has made Donald successful, his approach to business, along with his personality, must be analyzed and compared to acknowledged theory.

This essay construction requires several interlocking steps. First, it attempts to synthesize some of the best literature on the subject. We shall here be concerned with the theory as presented by McClelland and his associates, leaving until later a discussion of the techniques for measurement, the correlates of need achievement and its relationships to other behaviors. In this essay we will examine, however, evidence related to basic theoretical assumptions. Second, a review of motivation will applied to the selected entrepreneur and we must discover what motivates entrepreneurs to do what they do. Particular goals, attitudes, and backgrounds were all important determinants of an entrepreneur’s eventual satisfaction. In that vein, on research approach examines the motivational process an entrepreneur experience. Finally, it is a synthesis of the selected entrepreneur and the review of the literature. I am trying to gain an insight into the Donald Trump from the McClelland needs theory. Here we must squarely face the questions of modeling strategy referred to above. We could identify a variety of objectives, any of which might describe the driving forces of a given entrepreneur.

Literature Review-Motivation

There are many competing theories that attempt to explain the nature of motivation. Collectively, the different theories provide a framework within which to direct attention to the problem of how best to motivate staff to work willingly and effectively. Major content theories of motivation include: Maslow’s hierarchy of needs model; Alderfer’s modified need hierarchy model; Herzberg’s two-factor theory; and McClelland’s achievement motivation theory. They show there are many motives that influence people’s behavior and performance. (Mullins, 2007)

McClelland used the Thematic Apperception Test (TAT) as a tool to measure the individual needs of different people. The TAT is a test of imagination that presents the subject with a series of ambiguous pictures, and the subject is asked to develop a spontaneous story for each picture. From subsequent research McClelland identified three basic needs that people develop and acquire from the larger society-the achievement motive, the power motive and the affiliative motive. The three motives correspond, roughly, to Maslow’s self-actualisation, esteem and love needs.

First, people with a high need for achievement seek to excel and thus tend to avoid both low-risk and high-risk situations. There is a strong need for feedback as to achievement and progress, and a need for a sense of accomplishment.

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Besides, McClelland has also suggested that as successful entrepreneurs need to influence other people, they should possess a high need for power. This is socialized power. It is distinguished from personalized power that is characterized by satisfaction from exercising dominance over other people, and personal aggrandizement.

Finally, those with a high need for affiliation need harmonious relationships with other people and need to feel accepted by other people. High affiliative individuals prefer work that provides significant personal interaction. (NetMBA, 2009)

In this theory, all motives are considered to be learned. A motive is defined as ‘the redintegration ...

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