The PJ Tatler

Trump Describes Early Struggles: ‘My Father Gave Me a Small Loan of $1 Million’

According to Republican presidential candidate Donald Trump, his life has not always been easy. The bombastic billionaire described his early struggles in real estate during a town hall this morning on NBC’s Today.

It was apparently an uphill battle for The Donald as he started his career amid unrelenting adversity (people often told him “no”) and only a “small loan” of $1 million from his father.

An audience member asked Trump if at any point in his life, anybody had ever told him ‘no.’ “Oh, many times,” he responded. “I’ve been told ‘no’ many times. I mean, my whole life really has been a ‘no,’ and I’ve fought through it.”

“It has not been easy for me. It has not been easy for me,” Trump lamented.

“I started off in Brooklyn,” the mogul said of the beginning of his career in real estate.

“My father gave me a small loan of a million dollars,” he added. “I came into Manhattan, and I had to pay him back, and I had to pay him back with interest. But I came into Manhattan and I started buying properties, and I did great.”

Host Matt Lauer asked Trump to follow up on his comments: “Let’s just put this in perspective.  You said it hasn’t been easy for you, ‘but my dad give me a million dollar loan.’ That probably is going to seem pretty easy to a lot of people.”

“You’re right, Trump agreed. “But $1 million isn’t very much compared to what I built, I’ve built one of the great companies.”

[youtube=http://www.youtube.com/watch?v=MmSzHLNfNHI]