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Next, GoTump.com, a travel sevice enhine launched in 2006 which went belly-up after one year. Then there was Trump Airlines, started in 1989 to provide flights between Boston, New York City, and Washington D.C. and lasted all of 4 years. And lets not forget Trump Mortgage, launched in 2006 to provide residential and commercial real estate financing. Trump, of course, ignored all convential wisdom pointing to the coming burst in the real estate bubble and this venture lost money before closing after a total of less than 1 & 1/2 years. Trump Magazine was launched as “Entertainment for luxury enthusiasts” in 2007, just after his mortgage company was forced to shut its doors. Not too suprisingly, Trump failed to undertand that a failing market had just toppled his last venture and perhaps this in not a good time to launh a publication focusing soley on luxury goods. This venture failed after two years. In 1989, Donald Trump decided that if people love
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