| RadiantDanceMachine said: I really struggle to sympathize with your views here. You continue to conflate personal wealth with business success. |
That's because you can't seem to accept that personal wealth is related with business success ...
Are stocks, stakes, shares, personal investments/bonds and businesses not assets that individual's themselves own ?
| RadiantDanceMachine said: I would absolutely claim that a person who has a spotless business record is a superior business person over someone who has failed many times. I think this follows as a matter of necessity. |
Then you'd be denying the legacy that Walt Disney, R. H. Macy, Colonel Sanders, Henry Ford, James Dyson, Lawrence Ellison, Richard Branson, Mark Cuban and many others that they built ...
These entrepreneurs were once consistently duds but even they had a profound impact upon many industries ...
| RadiantDanceMachine said: With Paris and Trump it's an inherited value. It's not something they built, it's something they exploited. In this sense, it's a good business choice to play on the family name for sure but it isn't something they built. Trump attempted to exploit his family name in other ventures where it failed, but his name still plays big in real estate. |
Paris's value is rarely inherited at all, sure her parents were well off but they have no history of containing vast amounts of riches so she earned her wealth for the most part and if all Trump needed was his family name then why didn't he just sit and do nothing instead of getting into financial turmoil ? The business world is not as friendly as you seem to suggest ...
| RadiantDanceMachine said: It would be very difficult for Trump to have run his father's business into the ground, would you not agree? |
Not really when it was very easy for these guys to lose their fortune ...
| RadiantDanceMachine said: I think these things have to be taken into consideration when analyzing Trump's business dealings. "...it would be big stretch to claim he's a bad one when he has yet to lose all of his wealth." No, again you're confused here. Personal wealth is completely isolated from business, that's the entire purpose of incorporating. When your business fails, your personal wealth is not impacted. |
No it isn't, if you own shares or a personal business it is your job to maintain their value otherwise one day you could wake up broke to find that all your stocks are now worthless which devalues your personal wealth to a great degree like I said before ...
