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Golf's A Big Deal

June 08, 1998
June 08, 1998

Table of Contents
June 8, 1998

Golf's A Big Deal

By Donald Trump Edited by Kevin Cook

I don't buy the idea that golf is too expensive. You may say
it's outrageous to pay $300 to play Pebble Beach, but I say it's
cheap. Where else can you get a piece of heaven for a price like
that?

This is an article from the June 8, 1998 issue

I have five courses under construction, including one designed
by Arthur Hills on the former Rockefeller estate in Bedford,
N.Y., and a Jim Fazio design to be called Trump International in
Palm Beach, Fla. My courses will be top of the line, the upper
peak of luxury. They'll be ideal settings for that other great
sport, dealmaking. I have made many a deal on golf courses. Even
more important, I've met people and developed relationships
there. Many buildings in New York City are the direct results of
my golf outings. In fact, as soon as I sign off on this column,
I will close a deal to buy the General Motors Building at 59th
Street and Fifth Avenue, and some of the discussions for that
purchase took place on golf courses.

You can size up a man by his golf game. Is he conservative,
or does he shoot for the flag? Is he a winner or a loser? While
playing with Ray Floyd, Greg Norman, Gary Player and other pros,
I've been impressed by their courage. Playing in front of
millions on TV--hitting a lob shot that will go in the water and
make you look like an idiot if you mishit it by a hundredth of
an inch--takes the same courage and decisiveness a great
businessman needs.

Among the pros, Payne Stewart is a favorite of mine. At
the 185-yard 12th hole at Spyglass during the 1993 AT&T Pebble
Beach National Pro-Am, he said, "Donald, slow down your swing."
Swinging more slowly, I hit a five-iron into the hole for an ace
and then said, "You mean like that?"

My best golf tip for businessmen: The time to talk about a deal
is right after the other guy hits his best shot of the day.

Five-handicapper Donald Trump is a member at Winged Foot.

COLOR PHOTO: SIMON BRUTY THE DON On or off the course, Trump offers deals you can't refuse. [Donald Trump]