Daniel Ho

Amor Fati

A Toronto-based management consultant who spends too much time thinking about coffee, riding around on two wheels, photography, books, and fried chicken!

Donald Trump is ALL Sizzle...

images.jpg From The Personal MBA blog:

Donald Trump is a good businessman? Guess again.

According to the July 6th edition of The New York Times Business Day, a $10,000 investment in Donald Trump?s 1994 IPO is worth approximately $636 today. (Hat tip to Tom Peters for the link.)

In 1994, The Donald had $900 million in personal debt and business debt of $3.5 billion. As a result, Trump skirted the edge of personal bankruptcy several times, and his hotels and casinos holding company emerged from bankruptcy and re-structuring in 2005.

It seems that, in a very real sense, Trump?s ?business? is more of a cult of personality than a profit-generating company. Trump has mastered the art of image, but there?s not much backing up his bluster.