Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,091 members, 7,814,798 topics. Date: Wednesday, 01 May 2024 at 08:04 PM

List Of Donald Trump’s Failures - Foreign Affairs - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / List Of Donald Trump’s Failures (476 Views)

Wife Of Donald Trump Junior Files For Divorce / An Inspirational Photo Of DONALD TRUMP! Awesome! / See A Statue Of Donald Trump At A Carnival In Germany (2) (3) (4)

(1) (Reply)

List Of Donald Trump’s Failures by ItuExchange(m): 9:08pm On Jun 11, 2016
Is Donald Trump a business genius?

Let's look at the 11 business markets Trump has entered.

The Successful Businesses:
1) Real Estate transactions
2) The Apprentice television show

The Failed Businesses:
1) Trump Airlines - After 4 years (1988-1992) of no profits, it was broken apart in bankruptcy court to pay his creditors.
2) Trump Vodka - After 5 years (2006-2011) of lackluster sales, the company was dissolved.
3) Trump Casinos - Three casinos in Atlantic City all filed for bankruptcy in 2014 (fourth time for them).
4) Trump The Game & The Apprentice - Two board games designed by Donald that were discontinued.
5) Trump Magazine - Lasted a year and a half before ceasing publication.
6) Trump Steaks - Closed in 2012 for multiple health code violations.
7) GoTrump.com - A travel website that only lasted a year.
cool Trump University - A non-accredited for-profit 'university' accused of defrauding students by the New York Attorney General ($40 million damages).
9) Trump Mortgage - Failed after a year and a half.

Let's look closer at his two successful businesses.
1) Real Estate: 4 of his properties (individually incorporated on the good advice of his legal team) failed because Trump's "brilliant" strategy was to over-leverage his properties. This worked very well in a bull market, but almost lost him everything in a bear market. His attorneys did a great job in bankruptcy court and his creditors took the fall for his bad decisions. He isn't a horrible real estate developer, but neither is he a great one.

2) Reality Television: Trump really shines here. The average viewer is greatly entertained by the drama between the contestants and enjoys watching Trump insult people with over-sized egos.

So, in conclusion, Trump is an excellent entertainer, a mediocre talent at the business he inherited, and a failure in everything else he's laid a hand to. Business schools don't do case studies of Donald Trump. They look at people like Jack Welch, Sam Walton, Warren Buffet, Carlos Slim, Herbert Dow, etc. People who are famous because others talk about what they did, not because they talk about themselves.

Source: https://www.quora.com/Is-Donald-Trump-a-business-genius

Neteller here: www..com.ng
Re: List Of Donald Trump’s Failures by Lucasbalo(m): 3:03am On Jun 12, 2016
ItuExchange:
Is Donald Trump a business genius?

Let's look at the 11 business markets Trump has entered.

The Successful Businesses:
1) Real Estate transactions
2) The Apprentice television show

The Failed Businesses:
1) Trump Airlines - After 4 years (1988-1992) of no profits, it was broken apart in bankruptcy court to pay his creditors.
2) Trump Vodka - After 5 years (2006-2011) of lackluster sales, the company was dissolved.
3) Trump Casinos - Three casinos in Atlantic City all filed for bankruptcy in 2014 (fourth time for them).
4) Trump The Game & The Apprentice - Two board games designed by Donald that were discontinued.
5) Trump Magazine - Lasted a year and a half before ceasing publication.
6) Trump Steaks - Closed in 2012 for multiple health code violations.
7) GoTrump.com - A travel website that only lasted a year.
cool Trump University - A non-accredited for-profit 'university' accused of defrauding students by the New York Attorney General ($40 million damages).
9) Trump Mortgage - Failed after a year and a half.

Let's look closer at his two successful businesses.
1) Real Estate: 4 of his properties (individually incorporated on the good advice of his legal team) failed because Trump's "brilliant" strategy was to over-leverage his properties. This worked very well in a bull market, but almost lost him everything in a bear market. His attorneys did a great job in bankruptcy court and his creditors took the fall for his bad decisions. He isn't a horrible real estate developer, but neither is he a great one.

2) Reality Television: Trump really shines here. The average viewer is greatly entertained by the drama between the contestants and enjoys watching Trump insult people with over-sized egos.

So, in conclusion, Trump is an excellent entertainer, a mediocre talent at the business he inherited, and a failure in everything else he's laid a hand to. Business schools don't do case studies of Donald Trump. They look at people like Jack Welch, Sam Walton, Warren Buffet, Carlos Slim, Herbert Dow, etc. People who are famous because others talk about what they did, not because they talk about themselves.

Source: https://www.quora.com/Is-Donald-Trump-a-business-genius

Neteller here: www..com.ng
Gbam.

(1) (Reply)

The FBI Is Not Recommending Charges Against Clinton Over Email Scandal. / Who Can This Question In 15 Seconds It. Go With Mtn Card / Bombs Kill At Least 12, Wound Dozens At Pakistan Court

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 20
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.