And when you start looking into his real estate development, the majority of them fall into two camps. Either he sold his name for the property and had absolutely no involvement in them because in the 80’s and 90’s Trump means “classy” OR he was the financial backer while others actually did the development and management of the properties. The vast majority of his failed properties were the ones he actually kept some sort of control over and since he doesn’t pay his workers and wants to operate like a slum lord, all of those properties tended to fail.
If anything all he really did successfully was show how if you start out with a lot of money and have mildly competent people around you then you can make money.
Exactly.
And when you start looking into his real estate development, the majority of them fall into two camps. Either he sold his name for the property and had absolutely no involvement in them because in the 80’s and 90’s Trump means “classy” OR he was the financial backer while others actually did the development and management of the properties. The vast majority of his failed properties were the ones he actually kept some sort of control over and since he doesn’t pay his workers and wants to operate like a slum lord, all of those properties tended to fail.
If anything all he really did successfully was show how if you start out with a lot of money and have mildly competent people around you then you can make money.