Trump always strokes his already massive ego, and proclaims that he is a great businessman. In a sense, that's true.
He is a man, in the physical sense, and he is involved in businesses, in a financial sense; too bad most of these businesses failed.
Hey James, what are these failed businesses you speak of?
Great question reader! I'll tell ya!
1. Trump Airlines
1988-1992
Trump bought 17 Boeing 727s for around $365 Million and tried to outfit them with gold and chrome finishes and tried to sell it as a luxurious experience. People didn't go for it. Trump defaulted on his loans and turned the company over to creditors.
2. Trump Vodka
"Success Distilled"
Trumpy boy got his tiny little hands into the Alcohol business. It was introduced in 2006, as a way to beat his friends at Grey Goose. The result? Obviously Trump Vodka is everywhere! We've all had it, people always bring it to parties. I can't tell you how many times I've had to refuse a "T&T," or a Trump and Tonic. It s everyone's drink special at every bar, it's crazy.
3. Trump Mortgages
2006-2007
2006 was a big year for Trump it looks like. First the vodka, now a mortgage business? To the King of Finance? Well certainly someone like Trump should have been able to read the housing market, since it crashed in 2007, as did Trump Mortgages, only being open for a year and a half.
4. Trump Casinos
Trump Entertainment Resort Inc., was another Trump success. Trump had to file for bankruptcy three times, well not him personally. He was bailed out in 1990 for $65 Million. He filed for bankruptcy again in 2004 with Trump Hotels & Casino Resorts and again in 2009.
5. TRUMP UNIVERSITY
2005-2010
Founded by Donald Trump, Michael Sexton, and John Spitalny in 2004, this for-profit college offered courses in things like real estate and wealth creation. A lawsuit was filed against Trump and his college in 2013 for illegal business practices, way to go Trump.
Dear little Donnie Boy,
I'm glad you wanted to open up a lemonade stand outside your dad's house, but you gotta face the facts, your lemonade is no good. You're charging way too much for a cup smaller than your competitors, and your competitor has a better product. You're not even making the product either, you're just taking it to the Asian kid down the street and then yelling about how your other neighbor, Carlos, is to blame. I know you don't want Carlos in your yard, but your dad paid him to rake the leaves, since you couldn't be bothered to do it.
