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Yes, he susbtantially built up his daddy's money and business, and upscaled it by taking it across East River to Manhattan. I would also think it fair to add "o
by eternalban 10y ago
Yes, he susbtantially built up his daddy's money and business, and upscaled it by taking it across East River to Manhattan. I would also think it fair to add "opportunist" to the list of his effective skills. I also think it fair to point out that plenty of rich kids end up skating through life, doing zip, and ultimately blowing the family fortune.
As to what constitutes effective "action" for a developer, sure he didn't lay bricks, but he made the deals, got the (opportunistic) tax breaks, and managed to fix up properties that were sitting stagnant. The Commodore Hotel, for example. And this same media that is ragging on him used to nauseate people like me who don't worship the shiny metal with its pimping of Mr. Trump.
And failures in business are par per course. If failure in a business venture makes a person a bumbler, then what to make of our current business hero's statement that "failure is an option here. If things are not failing, you are not innovating enough"? (That was Elon Musk, btw.)
- burkaman 10y agoWell, I don't think Elon Musk would be a good president either. But I didn't mean to say failing makes him a bumbler, I meant his specific failures do. The details of his failures, not just their existence.