How To Draw Cartoon Donald Trump
Investing in a business to ensure you lot have a stable income seems like a wise decision — until it isn't. Even celebrities who already have a ton of cash tin can't be careless well-nigh choosing investments if they want to stay rich. From restaurants to clothing lines, the opportunities are plentiful, but it takes conscientious planning to avoid embarrassing business disasters.
Depending on your age, you probably remember these unforgettable glory business flops. Call up you can guess who lost the nearly? Let's take a look!
Britney Spears – Nyla Restaurant
When Britney Spears opened Nyla Restaurant in 2002, the buzz was real. She was in her prime years, and information technology seemed logical she would invest in a dissimilar type of business organisation. Nyla was located in the Dylan Hotel in Manhattan, New York Urban center.
Her departure from the business occurred in the same year later she butted heads with the direction, who claimed she was responsible for the restaurant'due south debt and other financial issues. Fun fact: The restaurant was supposed to be chosen "Pinky," which was the nickname Justin Timberlake gave Britney when they were dating.
The Kardashians are definitely business concern moguls, but not all their business ventures have been a success. Take the Kardashian Kard, for instance. In 2022, the Kardashians announced a controversial debut of a prepaid debit card featuring the sisters' faces on the front end. The business failed a month after its launch when the legality of sure fees raised concerns.
An attorney claimed the high fees were unfair and unethical, peculiarly for the Kardashians' largely young adult fanbase. Many reputable websites took note of the "Kardashian Kard ripoff," which prompted the Kardashian family'due south attorney to take firsthand action and stop the business to protect their reputation.
Kanye West – Pastelle Clothing Line
Yeezy has had plenty of fashion debuts during his career, and not all of them accept been successful — or inspiring. Before his other style lines, there was Pastelle, the debut that never saw a debut. In 2006, Kanye planned to release his Pastelle article of clothing line in collaboration with Adidas.
In brusque, a lot of drama happened, and co-ordinate to reports, the investors didn't want to invest a sufficient amount of money to go the business off the ground. Kanye himself said you need to invest at least $100 million when yous're making a new brand, and information technology clearly didn't happen.
Donald Trump – Trump Shuttle
Number 45 is a known businessman, but not many people know about his business failures. One of those epic failures was a very ambitious airline. Back in 1988, Donald Trump introduced his own branded airline shuttle. The luxury shuttle service was supposed to run between Washington D.C., Boston and New York.
Reddish carpets, gold and other luxury elements cost Trump $1 million per aircraft. Iii months after the launch, 1 of his planes about crashed. The near miss, rising fuel prices and a banking concern loan of $380 million fabricated Trump decide it was time to leave his aviation dreams backside and try something else.
Paris Hilton – Dollhouse Collection
It has been proven plenty of times that Paris Hilton knows what she'south doing when it comes to business organization. The Hilton heir has made quite a name for herself, merely not every thought resulted in cash in the bank. In 2008, Paris Hilton for Dollhouse was released.
It was a collaboration betwixt Hilton and the pop wear label, and absolutely anybody was buzzing nearly information technology. The drove basically had Paris' face and proper noun on virtually every wear. Unfortunately, the celebrity didn't concluding long, and Paris moved on to other business ventures that garnered more appeal.
Oprah Winfrey – OWN
In 2022, Oprah was the talk of the town when she decided to operate a cable channel accessible to 80 meg homes. The Oprah Winfrey Network (OWN) was an ambitious idea, with more than $500 meg invested in the project. Unfortunately, her squad failed from the offset to understand what people responded to and how they watched cable channels. Depression ratings and viewership hit the network hard.
Ain was arguably Oprah's biggest failure, merely different other celebrities on our listing, Oprah still hasn't completely given up on her business venture. Who knows? Maybe Own is finally on track to pull itself out of some dark days.
Jennifer Lopez – Madre'southward Eatery
Celebrities have a thing for restaurants, but not all restaurants take a thing for celebs. Madre's was inspired by J.Lo's mom and grandmother's cooking, and it started its bumpy journey in 2002 in Pasadena, California. In her ain words, she described it as "a family restaurant with a picayune bit of sexiness to it."
It lasted about vi years before mysteriously closing its doors in 2008. The Latin American eating house featured some of the civilization's most typical dishes, but J.Lo's name wasn't enough to entice the public. No official reason was ever given for the conclusion to close it downwards, merely the assumption is poor performance.
Naomi Campbell & Friends – The Style Cafe
In her prime (mid-1990s), Naomi Campbell decided information technology was time to enjoy some passive income in the form of business ventures. In 1995, she became the face of a glamour-themed buffet concatenation called Fashion Café along with Christy Turlington, Elle Macpherson and Claudia Schiffer.
It had a solid start and skillful buzz, but the novelty eventually faded, and it failed to brand the necessary profit to stay open. To top it all off, the business partners got involved in a money laundering scandal, making it clear that it was better for this buffet chain to close its doors for good.
Steven Spielberg – Swoop Restaurant
Steven Spielberg'due south heed seems to overflow with amazing ideas, but Dive Eatery wasn't one of them. In 1994, he decided to open a nautical-themed restaurant in Beverly Hills. The identify was filled with impressive dive-themed decor and even featured a faux diving session feel.
That still wasn't enough to amuse the demanding Beverly Hills crowd, and the novelty of it started to wear off, resulting in dismal merchandise sales, which were a huge selling signal for the business. In 1999, the eating house officially shut its doors and became a learning lesson for what not to exercise in the niche of themed restaurants.
Hulk Hogan – Pastamania Restaurant
When Hulkmania was at its summit, Hulk Hogan decided to introduce Minneapolis' Mall of America to the ultimate Hulk eating feel. Who wouldn't desire to exist strong and tough like Hulk Hogan, right? Although it definitely seemed like a solid business concern investment thought back in 1995, it didn't work out in the terminate.
The carte wasn't that different from your standard pasta restaurant menu, apart from the fact that it was branded past everyone's favorite wrestling guy. The eating house shut its doors most a twelvemonth afterwards, allowing the Pastamania proper name to be used by a fast food chain from Singapore.
Donald Trump – Trump Mortgage
The Trump Shuttle wasn't the only Trump business venture that failed to turn a profit back in the day. With his focus on real estate, it'south not surprising he tried to dip into the mortgage business organisation. The success of this venture was very short lived.
Most of the Trump Mortgage failure came down to poor timing, equally the 2006 recession struck, and the mortgage lending industry began to crumble with the market crash. Everything was questioned, including the CEO's background. In 2007, Trump Mortgage officially closed downward afterwards failing to thrive in the struggling market place.
Pete Wentz – Angels & Kings
In 2007, Pete Wentz, a popular member of Fall Out Male child, and several other musicians decided it was fourth dimension to open a nightclub. Wentz claimed he merely wanted a place for him and his friends to hang out. Later on, the club launched in several other locations, including Chicago.
The hype of the celebrity-owned nightclub died downwards after it was reported that the New York location got defenseless serving alcohol to minors and had to shut downwards in 2022. A few years later, they also closed the Chicago location — and that was the end of the Fall Out Boy nightclub.
Jim McMahon – McMahon's Steakhouse
Ex-Chicago Bear Jim McMahon made a name for himself in the NFL in the '90s and also thought he could brand a name for himself by investing in a eating place — a steakhouse in Chicago. Unfortunately, McMahon got into business with some pretty questionable characters whose reputation wasn't pristine among those in the banking company loan world.
The eatery was first called Chicago Stadium, just the owners of the Chicago Stadium chop-chop sued McMahon and his other business partners. Co-ordinate to reports, the restaurant participated in some shady business organisation practices, and McMahon had to distance himself from it.
Eva Longoria – Beso Eating house and Nightclub
Eva Longoria is no stranger to the culinary scene — call up her role as a guest judge on season iv of MasterChef? In 2008, she backed a Los Angeles eating house called Beso. The place was a hot spot for quite some fourth dimension before closing its doors in 2022 amid a ton of drama.
The business filed for bankruptcy in social club to restructure $5.vii million worth of debt, and Longoria has reportedly been involved in several lawsuits. Beso afterward relaunched nether new ownership (without Longoria) and with a new name, Viva Hollywood, but that restaurant eventually airtight too.
Jay-Z – J-Hotels
The world's beginning billionaire rapper is no stranger to successful business ventures, but the idea that "the heaven is the limit" definitely doesn't employ here. Jay-Z definitely reached a limit with his investment in J-Hotels. The luxury hotel was supposed to open in Manhattan's Chelsea area, but lack of funding and a recession halted the construction.
The recession going on at the fourth dimension basically made it harder to become the funding needed, and the whole concern project was put on hold in 2008. It looks like it never resumed, probably because Jay-Z became interested in plenty of other appealing ventures.
Natalie Portman – Té Casan
Let's take a break from restaurants and hotels for a while and go to 2008, which really seemed to be a prime fourth dimension for celebrity business investments and hotels. Natalie Portman was ahead of her time when she collaborated with Té Casan to create a vegan shoe line.
As a long-term vegan, she felt the need to invest in something she believes in, and she felt a shoe line was definitely the fashion to go. Unfortunately, the high price of the shoes didn't exactly appeal to consumers — not even diehard vegans — and the shoe line's website disappeared past the finish of 2008.
Jermaine Dupri – Café Dupri
Jermaine Dupri rose to popularity in the '90s. From forming the iconic Kris Kross to producing music for all your favorite celebrities, Dupri was definitely at the top of his game. In 2005, he decided to try other business concern ventures and invested in a large café in Atlanta that seated 105 guests.
The bill of fare consisted of loftier-quality dishes that were also considered healthy. Although it seemed like a decent idea and the cafe had big expansion dreams, the success didn't last. Iii years later, Cafe Dupri had to close its doors after struggling to make enough profit.
Beyonce – Business firm of Deréon
That'southward right — Queen B has experienced many failures forth with her success. Sounding like a house out of Game of Thrones, House of Deréon was a fashion line Beyonce collaborated with her female parent, Tina Knowles, to create in 2006. The name paid tribute to Beyonce's maternal grandmother.
The style mixed the influences of hip hop with high style, and although it seemed like information technology was taking off at outset, information technology was ultimately criticized for its high prices. In 2008, the line also came nether fire for its ad with little girls wearing full makeup and high heels. The star discontinued the line in 2022 without formal notice.
Lily Allen – Lucy in Disguise
Lily Allen also tried to dabble in the way earth. The eccentric singer is known for her fashion sense, so it seemed only fair to encounter if the rest of the world (or at least London) would catch on to her await. She opened Lucy in Disguise, a vintage wear store, with her sister in 2022.
The store's location was one of the reasons for its failure — London'southward Covent Garden. High real estate prices forced the visitor to move to a somewhat cheaper property in Soho, just information technology wasn't enough to salve the business, and it ceased operations in 2022.
Neil Young – PonoPlayer
PonoPlayer was a adequately modern concern venture launched by Neil Young in 2022. It was actually successfully crowdfunded via the popular platform Kickstarter, where it raised $6.ii million. The device was advertised equally a modern-day iPod with hi-resolution music service, but it was criticized for its poor design and loftier price tag ($400).
Iii years subsequently, Neil Young ceased operations and airtight the PonoMusic shop, which sold downloadable music. The reason? Record companies were charging besides much for hi-res music formats, and the business couldn't brand a profit, despite the steep cost of PonoPlayer and its initial funds.
Sylvester Stallone, Arnold Schwarzenegger & Bruce Willis – Planet Hollywood
Planet Hollywood was a '90s awareness and boasted more than than 100 locations. Stallone, Schwarzenegger and Willis were its investors and the faces promoting the brand. The initial hype of eating among popular movie props attracted endorsements from some of the biggest Hollywood names, but it wasn't all sunshine and rainbows.
The business filed for bankruptcy twice and reduced its number of restaurants to less than a dozen to ensure it could financially sustain itself and make a profit. This prompted investors like Arnold Schwarzenegger to motility on and cutting ties with the business organization. Planet Hollywood is still around but with much less hype and fewer restaurants.
Kevin Costner – The Clubhouse
Themed restaurants were extremely popular investments for celebrities, and Kevin Costner was in on the idea too. In 1997, he dabbled in the food industry in an attempt to make more than money, of course. The theme of The Clubhouse was golf, and unlike many other glory restaurants, it managed to last a surprisingly long fourth dimension.
Based in Costa Mesa, California, it featured the exclusive look and style of a golf clubhouse that was open up to the public. Ironically, it opened correct across from Planet Hollywood, which was closing at the time. The business began to fail in 2007.
Short Schilling – 38 Studios
A unique business venture for its time, 38 Studios was the brainchild of Curt Schilling, who had a different vision than most sports celebrities. The former Red Sox pitcher wanted to try something new, so he launched a video game concern in 2006. Unfortunately, game development takes years, and that was difficult to sell to investors.
The visitor released an activity function-playing game called Kingdoms of Amalur: Reckoning. Unfortunately for Schilling, the gaming company declared bankruptcy in 2022 after only releasing a single game. Despite the business organisation' failure, the game was pretty well received past the gaming community.
Pharrell Williams – Qream Liqueur
Pharrell Williams always had big visions and a skilful ear for music, only in 2022, the popular producer ventured into the world of liqueur with much less impressive results. He worked with Diageo to launch Qream strawberry and peach liqueurs, specifically marketed to women.
Williams blamed Diageo for bereft marketing efforts to launch the liqueur, and he sued the company in 2022 after information technology appeared to abandon the deal before the contract was over. The drink wasn't marketed effectively, and the Qream dream died with minimal fanfare.
Season Flav – Flavor Flav's Chicken & Ribs
Who doesn't know Flavor Flav? In 2022, the popular rapper decided to combine his beloved of fast food with business past opening a eatery in Clinton, Iowa. Although it sounds yummy, the business really didn't last that long. In fact, information technology's i of the shortest examples of business failure on the listing — 3 months.
The eating house closed its doors due to a fallout betwixt Season Flav and his business organization partner, Nick Cimino. The two clashed over operations and money management, leading Flav to decide that fast food really wasn't for him after all — at least when it came to running a business organisation.
fifty Cent – Magic Stick Condom
Magic Stick was fifty Cent's attempt at a unique business venture — in condoms. Yes, you read that right. In 2008, the rapper created a line of condoms, just he apparently failed to sympathise the reason behind condoms in the first identify. His company's condoms were laced with chemicals designed to increment the wearer's sexual performance.
The rapper was asked virtually his failed business venture, and he said, "It just didn't piece of work out because I wanted things in information technology that wouldn't work." P.S.: "Candy Shop" lyrics were written way before the Magic Stick line was launched.
Blake Lively – Preserve
Blake Lively is known for the crawly sense of humor she shares with her even more awesome married man. In 2022, she decided to launch a lifestyle website. The timing was perfect, as celebrity lifestyle websites were at their elevation, simply Lively wasn't a big enough lifestyle figure to attract much interest.
Celebrity product endorsements are often too expensive for the full general public and can as well feel fake, which raises concerns when information technology comes to trust. The website was abandoned about a twelvemonth later, and her lifestyle venture was never mentioned once more. That's okay, she'due south still owning the Instagram game.
Heidi Montag – Heidiwood
Welcome to Heidiwood, a style line that failed to connect with its customers and make sufficient turn a profit. It belonged to Heidi Montag, a popular reality television grapheme who wanted to be known for more than than just her dramatic TV roles. She launched Heidiwood in 2007 in collaboration with Anchor Bluish Retail.
Although the line looked promising, customers didn't really care for the overpriced items, and her contract wasn't renewed the following year. She returned to reality TV and is still a prominent figure in the celebrity gossip world, and so she bounced back financially from the failed venture.
Nicky Hilton – Nicky O Hotels
Paris Hilton wasn't the simply Hilton making coin moves. Dorsum in the mean solar day, her sister Nicky Hilton wanted to stay true to her family legacy and open a hotel chain of her own. Nicky O Hotels was a premier luxury hotel brand, set to launch in Miami and later Chicago.
Hilton planned to work with Roberto Cavalli to design a luxurious penthouse suite for the Miami location. Her ambition was to combine the world of entertainment with luxury and design. Even so, the projection failed to meet the light of day after a lawsuit against Hilton highlighted an alleged breach of contract.
Jennifer Lopez – Sweetface
Making the listing again, J.Lo's loftier-end Sweetface clothing line was yet another failure in the celebrity fashion world. Attempting to combine urban streetwear with modernistic fashion, the line failed to deliver anything unique that couldn't be found for a cheaper price in a store down the street — according to shoppers' feedback.
Customers complained about loftier prices likewise as the quality of the clothes. Negative feedback and poor sales forced Kohl's to completely stop the line'south product in 2009. Fun fact: Sweetface was J.Lo's nickname, given to her by her old manager.
Source: https://www.consumersearch.com/technology/celebrity-business-disasters-donald-trump?utm_content=params%3Ao%3D740007%26ad%3DdirN%26qo%3DserpIndex
Posted by: berryhalseara.blogspot.com
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