Is Donald Trump a good businessman?
I mean, he’s rich. But is he rich because his family was rich? Because his dad made a lot of money in real estate back in the day? Or is he rich because his entrepreneurial ventures have been successful?
Is he good at his job? That’s the question.
I know lots of people already have answers. His supporters say he’s clearly a billionaire with a business empire, and therefore my question is dumb. His opponents say he was born rich, and it is his string of failed businesses — casinos, an airline, a university, meat products — that make my question dumb.
But these are partisan answers. I’m looking for something different. I'm looking for a nuanced definition of entrepreneurship, of risking it in business and seeing new ideas take, and then to compare that definition to the president-elect’s record.
I don’t know a lot about being an entrepreneur, but I know it requires a willingness to fail. No one comes up with a brilliant idea first go, and no one learns everything they need to know to be successful in college or an MBA program. It takes experience, and experience is just a gentle word for failure. Success is built on foundations of failure, and it’s only in hindsight that the failures look like inevitable lessons along the way.
Maybe that’s what Donald Trump’s casinos, airline, university and steaks were — a trail of lessons. Maybe Trump was already rich, so unlike some guy selling widgets out of his garage, his failures were bound to be public and spectacular.
The fact is, I don’t know. It's almost Inauguration Day and I don’t have a clue. That wasn’t how America approached this election. There were those with undying support willing to look past his failures, and there were those who dismissed him completely, laying his successes at the feet of his father.
I imagine it’s more complex than that. Surely, Trump has both made money and lost money. But my question is whether the rate at which he made it leans closer to success or failure.
Then again, maybe Trump’s goal all along wasn't money, but power. If that’s the case, his past seems to have definitely been worthwhile. There’s no doubt he was successful at getting elected the most powerful position in the land.
That, however, strays from my point. Is Trump, the businessman (versus Trump, the politician) successful? He sold himself as a businessman — and America bought. But is he a good one? It feels like a question someone should have asked, but never did. There must be a business professor out there, or a handful of business professors, who can explain what a normal failure rate for entrepreneurs looks like. There has to be someone able to contrast that with the record of the president-elect. Is he doing well for himself? Did he do poorly? Is he at the top of the game? The middle? The bottom?
These are questions we’ve stopped asking. This election left so little space for issues, so little time for a hard look at resumes. Instead, we scrutinized temperament and character, talked border walls and Muslim bans, bickered about emails and tax returns. We never took a step back to ask basic questions about who was running. We engaged in partisan conversation, and the only clues to whether or not Donald Trump was a successful businessman came from looking at those who support him and those who opposed.
Now, here we are in January, and it’s still not really clear who we elected. That seems a poor recipe for success.