When it comes to flamboyance, I’m not sure if anyone can match Donald Trump.
Trump’s persona is unique and he’s done a great job of positioning himself as an expert real estate guy. He’s parlayed his public persona into multiple businesses including real estate, casinos, beauty pageants, publishing, vodka (!) and, of course, information marketing.
There are actually two different real estate training companies that run under the Trump name: Trump University and Trump Institute. I have some pretty direct knowledge of both companies, though my knowledge may be incomplete.
As I understand it, Trump University is partly owned by Trump, Michael Sexton (President of Trump University) and maybe some others as well. The original approach of Trump University was to have an “online school” staffed by real estate teachers who had significant formal training (Ph.D.’s) in the real estate and finance world.
Because Trump University wasn’t extensively involved in in-person live trainings, Trump University licensed the Trump name to Mike and Irene Milin, two notorious characters in the real estate business. The Milins, who also run National Grants Conferences and are long-time promoters of “pitchfest” real estate events, paid a hefty sum to be able to use the name “Trump Institute” and began doing “road shows”, “pitch fests” and multi-day live seminars.
Trump University realized that there was a lot of money to be made in live events, and so they began to do live trainings as well. So what you have now is Trump University and Trump Institute competing for the same customers. The end result is that a lot of people become very confused.
I have a lot of very direct knowledge about both of these organizations, including the very questionable characters Mike and Irene Milin who run Trump Institute. I have a much higher degree of confidence in Trump University which is run by Michael Sexton.
However, I have never been involved in any of the paid training programs that either of these companies offer. That’s why I’d love to hear your comments about your experiences with Trump University or Trump Institute. If you’ve got a bone to pick with “the Donald”, or if you’d like to give him some kudos, now’s the time!
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