I realize that Donald Trump likely wouldn’t have made billions of dollars had it not been for the inheritance of $200 Million, at least I’ve heard that was the amount. Now I don’t consider myself as some natural entrepreneur or businessman but then I’ve never been given the opportunity either. I’ve also heard things like he could have just invested that same inheritance in the stock market and made the same amount of money, I’m not sure if that’s true either, just stuff that’s been said and social media and the like. Certainly a lot of his success is name recognition and licensing of his name.
Obviously, his Father was a successful businessman, so maybe its a combo of genetics, being shown the ropes by his father as he was growing up, and the sizeable amount of capital to work with at the start. I know a lot of businesses go under and I’m sure a lot of that is because some people don’t have the resources someone like Donald had from the get-go, and I’m sure he knew a lot of the right people whom he met through his father. I don’t know about myself, I don’t think I would have what it takes but then again if I was raised by his father maybe I would have also learned how to handle day-to-day business affairs.
Maybe we can even limit it to his success before he became a pop-culture icon and did things like The Apprentice, not sure how much money he earned and deals that got made simply because he was a famous name that people wanted to be associated with.
Sorry in advance if anyone has started a similar thread.
Do you think most people with his resources would have had the same success or even half of the money he has made.