Donald Trump Says Speaking His Mind Has Impacted His Wallet

15 Sep 2015 | Author: | No comments yet »

Arnold Schwarzenegger Joins ‘Celebrity Apprentice’ & He Should Use His Famous One-Liners In The Boardroom.

NEW YORK: Actor and former California governor Arnold Schwarzenegger will replace Republican presidential frontrunner Donald Trump as host of “The Celebrity Apprentice,” broadcaster NBC said Monday. As news broke that Arnold Schwarzenegger would replace presidential candidate Donald Trump on NBC’s Celebrity Apprentice, people reacted positively to the announcement.

The network severed its ties with Trump in late June, declining to broadcast the Miss USA and Miss Universe beauty pageants which he and NBC co-owned, due to his controversial comments on Mexican immigrants. Even Trump responded with approval: Schwarzenegger is such an iconic celebrity today that he’s known primarily for his movie stardom and his governorship of California from 2003 to 2011. Let’s get began.” Despite the fact that the preliminary cut up with Trump was acrimonious, advised that NBC and the actual property mogul-turned-politician might have let bygones be bygones, judging from their very own statements and responses. “After leaving the present to run for political workplace, Donald made it clear that he needed ‘The Superstar Apprentice’ to have the ability to proceed to boost hundreds of thousands of dollars yearly for worthy causes, and now NBC and I’ve discovered a tremendous new chief to do exactly that,” stated Mark Burnett, the present’s government producer. The program is a variation of its predecessor “The Apprentice,” and places well-known figures in competitions that test their business acumen and entrepreneurship, all the while helping raise money for charity. “Congrats to my friend @Schwarzenegger who is doing next season’s Celebrity Apprentice. If he’s remembered for a business venture, most people think of the celebrity-sinking franchise restaurant Planet Hollywood, which started strong in 1991 but fizzled from hundreds of locations to just a handful currently.

Schwarzenegger in all probability can’t re-use Donald Trump’s “You’re fired!” (for oh, oh so many causes), so he’ll want a method to dismiss failed celebrities that’s simply his. He’ll be great & will raise lots of $ for charity,” Trump posted on Twitter, following NBC’s announcement. “Arnold Schwarzenegger is the epitome of a global brand in entertainment and business, and his accomplishments in the political arena speak for themselves,” said Paul Telegdy, president of NBC’s alternative and late-night programming.

But Schwarzenegger’s most interesting business ventures may be the ones most closely related to his Apprentice predecessor: He made real estate investments that were more instinctual and risky than those made by Trump. Good factor he’s already acquired a backlog of catchphrases from his film profession — assume “Hasta la vista, child.” However there could be a number of catchphrases that you simply don’t consider instantly. He recently told Variety, “I have always been a huge fan of The Celebrity Apprentice and the way it showcases the challenges and triumphs of business and teamwork.” You and me both, Schwarzenegger.

He developed seed money through bodybuilding prizes and a mail-order weightlifting instruction business in the late 1960s and early ’70s, but it wasn’t an instant rise to movie star millions. And the idea of that guy being seriously considered as a candidate for the president of the United States is inconceivable. “Look at that face!” he recently said about fellow candidate Carly Fiorina. He called Rosie O’Donnell a “slob” and a “pig.” It doesn’t matter what’s written about you “as long as you’ve got a young and beautiful piece of ass,” said the man seeking the job of leader of the free world. In 1974, he sunk his full savings — $27,000, plus a borrowed $10,000 — into a six-unit apartment building in Santa Monica (near Wilshire Boulevard). Instead of taking a cue from him and remarking on his hair or age, they tactfully characterized his statements as “inappropriate,” “foolish” and “unpresidential.” That an overtly sexist candidate continues to poll so well among potential caucus-goers reflects negatively on all of us.

He immediately doubled down and purchased a 12-apartment building, which he quickly followed with another real estate purchase made from his payment for the bodybuilding classic Pumping Iron. These early investments were followed by bigger plays once Schwarzenegger established himself as a movie star, and they did involve occasional stumbles. In the 1970s, he and his business partner anticipated a giant, cash cow supersonic airport would come to the desert in Antelope Valley, and Schwarzenegger bought property there for a few thousand dollars, which represented a large portion of his savings at the time. The thinking behind the words represents a bigotry that generations of women have struggled to overcome in workplaces, the military, politics and their own homes.

It is increasingly difficult to believe he could garner support from any male with a mother, daughter, wife or sister, let alone support from any female. Still, Schwarzenegger is adamant that it was real estate, not bodybuilding and acting, that helped him make his first million. (He also told the LA Times in 2007 that even his worst investments eventually became profitable.) Schwarzenegger’s later financial portfolio took on some more expected ventures, like his massive Arnold Sports Festival, the Planet Hollywood failure, and various production companies and early stage internet investments. Vox’s Dylan Matthews argues that estimates of Trump’s real estate savvy should be handicapped due to the funds he inherited and his early leg up in real estate.

Ultimately, both men’s specific finances remain somewhat private, with Schwarzenegger’s net worth claims ranging from $30 million to $450 million and Trump’s famous fortune ranging from $2 billion to his own claim of $10 billion. That said, Schwarzenegger’s early investments show a high-risk, extremely instinctual approach to real estate, and that may be more in line with the bootstrap entrepreneurship of Celebrity Apprentice than Trump’s more tumultuous career.

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