Again, you are assuming that HE was the one personally running it. He has a lot of business ventures that failed and some that didn't and that is par for the course. You act like no one else has ever had a casino that failed. Lot's of casinos fail. They come and go. So, acting like Trump is a dismal failure because like other businessmen, not all of his ventures pan out, is rather silly.
Successful people fail more often than you think.
So he's the guy in charge, but when it goes wrong, it's someone else's fault?
In any case, you said that 1/3rd of these things fail. Okay, let's take it that a third of trump's ventures have failed. Here's
some of his failed ventures.
1. Trump Airlines
In 1988, Trump took out a
$245 million loan to purchase the planes and routes of Eastern Air Shuttle. Trump ultimately defaulted, surrendering ownership of the airline to his creditors.
2. Trump beverages
Undoubtedly intended to play on his
Apprentice catchphrase, Trump Fire was trademarked in 2004, but it does not appear to have ever made it to market. Trump trademarked the name Trump Power at the same time. Both drinks were categorized as “non-alcoholic beverages containing fruit juices… namely, carbonated beverages” on their trademark applications. The only trace remaining of either are the trademark applications that were abandoned in 2006. The same goes for Trump’s American Pale Ale, the trademark for which was cancelled in 2007.
3. Trump: The Game
In 1988, Trump teamed up with Milton Bradley to create Trump: The Game. Despite its flashy TV ad, the game sold only 800,000 copies — less than half the 2 million units the company expected to move.
4. Trump casinos
Trump has filed for bankruptcy on his Atlantic City properties alone three times. First was the Trump Taj Mahal in
1991 — which was $3 billion in debt after just one year in operation.
5.
Trump magazine
Trump launched his publication that had previously been called
Trump Style and
Trump World. His idea was to “[cash] in on the booming advertising market for yachts and other high-end commodities.” It didn’t survive the financial crisis, folding by 2009.
6. Trump Mortgage
“I think it’s a great time to start a mortgage company,” Trump famously predicted to CNBC in April 2006. “The real-estate market is going to be very strong for a long time to come.” In reality, the market
had already begun deflating at that point and would collapse within a matter of months. Unsurprisingly, Trump Mortgage’s business fell far short of its projections, doing less than a third of the $3 billion in business executives predicted it would to do in its first year. According to the
Washington Post, the company never paid a $298,274 judgement it owed a former employee, nor the $3,555 it owed in unpaid taxes.
7. Trump Steaks
When Trump filed for bankruptcy on his Atlantic City properties for the second of three times, court records showed he owed the Georgia company Buckhead Beef some $715,240.
8. Trump’s travel site
Like many of his business ventures, GoTrump.com was a gaudier version of an existing product — the travel booking website Travelocity, in this case. It launched in 2006 to low expectations: Henry Harteveldt of Forrester Research
told the Washington Post it was a “vanity site” that wouldn’t make much money. He was right; it folded in 2007.
9. Trump’s comms company
Trump registered a trademark for Trumpnet under the category of “corporate telephone communication services” in 1990. Whatever it was going to be, it never got off the ground; the trademark was abandoned in 1992.
10. Trump Tower Tampa
After the project went belly-up in 2008 (it
listed two scale models and some office furniture, worth a grand total of $3,500, as its only assets in bankruptcy court) buyers sued Trump for misleading them. He eventually settled, in some cases for as little as $11,115, with plaintiffs who had lost hundreds of thousands of dollars.
11. Trump University
Also known at the Trump Entrepreneur Initiative, Trump University was a series of wealth-building seminars for which students paid as much as $34,995 for mentorships that would supposedly get them access to Trump’s secrets of success. Instead of the hand-picked instructors Trump promised, the seminars were delivered by motivational speakers, often
without degrees, and sometimes with criminal records. According to his FEC filings, Trump brought in $11,819 from the Trump Entrepreneur Initiative last year; he’s now the subject of two class-action lawsuits in California related to Trump University, and a third suit, for $40 million, brought by New York Attorney General Eric Schneiderman.
12. Trump Vodka
The liquor flopped, maybe in part because of
Trump’s reputation as a teetotaler didn’t inspire a lot of confidence in his taste in hard alcohol. The trademark was abandoned in 2008, and the liquor was out of circulation by 2011.
13. Lost future earnings from calling Mexicans rapists
Trump
kissed millions of dollars in future earnings goodbye last summer when he called Mexicans rapists and criminals in his campaign announcement speech. “Yeah, I’m losing some contracts, who cares, people – politically they’re weak and they want to be politically correct,”
he said at the time.
There's a list of thirteen failures. If that represents the third that failed, you should be able to give me 26 examples of Trump business successes.
