Podcast
Questions and Answers
What does the author mean by 'thinking big'?
What does the author mean by 'thinking big'?
What location did the author aspire to work in as he grew older?
What location did the author aspire to work in as he grew older?
What is a key trait of highly successful entrepreneurs mentioned by the author?
What is a key trait of highly successful entrepreneurs mentioned by the author?
Why does the author find building a hotel next to a casino more appealing?
Why does the author find building a hotel next to a casino more appealing?
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How does the author view other people’s fear of success?
How does the author view other people’s fear of success?
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What does the author mean by 'the same sort of challenge' in relation to Atlantic City?
What does the author mean by 'the same sort of challenge' in relation to Atlantic City?
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What does the phrase 'order of magnitude' imply about the author's view on earnings?
What does the phrase 'order of magnitude' imply about the author's view on earnings?
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Which of the following best describes the author's attitude towards success?
Which of the following best describes the author's attitude towards success?
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Study Notes
Thinking Big
- Emphasizes the importance of thinking big over small, as most people’s fear of success limits their potential.
- Personal background includes growing up in a family involved in low and middle-income building projects in Brooklyn and Queens.
- Early aspirations included targeting prime locations, demonstrated by a preference for Forest Hills initially and later recognizing Manhattan as a greater opportunity.
- Motivation extends beyond financial success to making a significant impact through monumental projects.
- Aimed to undertake ambitious projects such as large-scale developments on the West Side of Manhattan and a transformative hotel next to Grand Central Station.
- Recognizes that combining a hotel with a casino generates exponentially higher returns compared to traditional hotel operations.
Keys to Success
- Attributes total focus and an obsessive drive as essential traits for thinking big and achieving success.
- Describes this focus as a "controlled neurosis" that propels entrepreneurs forward, enhancing their dedication to work.
- Highlights the competitive nature of New York real estate, where deal-making involves complex, high-stakes negotiations with formidable opponents.
- Personal enjoyment derived from competing and succeeding against the best in the industry, reinforcing a mindset geared towards challenge and victory.
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Description
This quiz explores the concept of thinking big, as emphasized by influential figures. It challenges you to reflect on your mindset towards success and decision-making. Dive into questions that motivate you to expand your horizons and embrace greater ambitions.