Donald Trump is known for many things. He is known for his ruthless business acumen. He is known for his casinos and some of his landmark buildings. He is also known for reality television and ubiquitous appearances across the news. In addition to all of that, he's known for nearly hitting the brink of disaster and bouncing back to be bigger and larger than ever before.

If you own a small construction business or an architecture firm or you work in business acquisitions, development or anything else, what simple lessons can you learn from somebody like "The Donald"? You might be thinking there isn't much you can learn from somebody with a massive global enterprise like Trump, but there are some simple lessons you can take home that will help to get you in your pursuits of career and life success.

For one thing, we all know that Trump is never afraid to take a risk. That doesn't mean you should be willing to throw everything down the drain for a one in a million chance. It means that sometimes the biggest rewards go to those who are willing to take calculated risks, and work hard to see them through to successful completion.

Another lesson you can learn from Trump is that despite that risk taking and that never say die attitude, you still have to be able to fold a losing hand, or move onto new and better things at some point. If a certain aspect of Trump's business becomes too cumbersome, or too costly, he dumps it and replaces it with something more sound and profitable.

Whether it's selling massive casino complexes in his case, or dumping your designs and bidding on a new project in yours, don't stick with something out of obligation, or time, money and effort already spent. With these two lessons from The Donald on your side, you can improve your business, your career and your life.