• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipDonald Trump

Trump Inauguration Makes History Today in More Ways Than One

Geoff Colvin
By
Geoff Colvin
Geoff Colvin
Senior Editor-at-Large
Down Arrow Button Icon
Geoff Colvin
By
Geoff Colvin
Geoff Colvin
Senior Editor-at-Large
Down Arrow Button Icon
January 20, 2017, 11:50 AM ET
Donald Trump Is Sworn In As 45th President Of The United States
Scott Olson Getty Images

Every presidency tests uncharted waters, and the one that begins today is among the largest experiments in U.S. history.

It’s often observed that no one is prepared to be president, that every president must grow into the job. Donald Trump arguably enters the job from further back on the learning curve than any of his predecessors. He is the first president never to have served in any part of government, including the military. That’s a big element of his appeal to millions of supporters who are fed up with politicians and the world they’ve created. Trump is an outsider, not even one of those CEOs who like to visit Washington, influencing policy. As a businessman, however, his abilities and successes were as a dealmaker, not as a leader; visitors to the Trump Organization’s headquarters in Trump Tower are always surprised at how few people comprise his corporate staff.

So Trump takes charge of governing the world’s most powerful nation and largest economy with no government experience and slim credentials as a leader—not a promising résumé. But remember, no one is ever prepared. So what should we expect? The best insights I’ve seen come from two seasoned presidential historians, Richard Reeves and Doris Kearns Goodwin.

In a book about John F. Kennedy as president, Reeves wrote, “He was not prepared for it, but I doubt that anyone ever was or ever will be. The job is sui generis. The presidency is an act of faith.” Reeves debunks most people’s expectations of a president by identifying what he says is the most important fact about being president. It’s this: “The toughest job in the world is essentially reactive. The president does not run the country and is not paid by the hour. He is there to respond to events unanticipated.”

History supports his view; think of Obama taking charge at the depth of the last recession, or Bush 43 responding to 9/11. Reeves notes, “Presidents are alone, facing the unknown. The job … is about leading the nation in unexpected crisis or danger. No one remembers whether Lincoln balanced the budget.”

Goodwin, speaking on Tuesday in Michigan, mused on Trump’s insistence that he is always a winner; his ultimate insult seems to be “loser.” Yet she noted that Lincoln suffered from debilitating depression and endured multiple political defeats. Franklin Roosevelt was crippled by polio. From those experiences of loss they “learned patience and resilience.”

She is encouraged that several of Trump’s cabinet nominees are expressing views contrary to his in their confirmation hearings; conflicting views often lead to better decisions. Still uncertain is whether Trump fully knew of their views when he appointed them. Goodwin also offered a bit of advice from Lincoln, who often wrote “hot letters” to those who made him angry, but never sent them. Maybe Trump could set up a pretend Twitter account.

Reeves wrote in 2008, “No one knows what will be the issue that defines the next president.” That is always true; what makes this presidency one of the largest experiments in our history is that, more than in living memory, and regardless of what that defining issue may be, we have almost no idea how the new commander in chief will respond. Even more than past presidencies, this one is an act of faith.

Sign up for daily insights, updates, and opinion on leadership and leaders in the news at the Power Sheet.

About the Author
Geoff Colvin
By Geoff ColvinSenior Editor-at-Large
LinkedIn iconTwitter icon

Geoff Colvin is a senior editor-at-large at Fortune, covering leadership, globalization, wealth creation, the infotech revolution, and related issues.

See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
C-Suite
OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service
By Jacqueline MunisFebruary 5, 2026
1 day ago
placeholder alt text
Politics
Meet the Palm Beach billionaire who paid $2 million for a private White House visit with Trump
By Tristan BoveFebruary 3, 2026
3 days ago
placeholder alt text
Success
After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free'
By Emma BurleighFebruary 3, 2026
3 days ago
placeholder alt text
Travel & Leisure
How Japan replaced France as the country young Americans obsessively romanticize—they’re longing for civility they don’t see at home
By Nick LichtenbergFebruary 5, 2026
2 days ago
placeholder alt text
Investing
Ray Dalio warns the world is ‘on the brink’ of a capital war of weaponizing money—and gold is the best way for people to protect themselves
By Sasha RogelbergFebruary 4, 2026
2 days ago
placeholder alt text
Economy
Trump is giving the U.S. economy a $65 billion tax-refund shot in the arm, mostly for higher-income people, BofA says
By Nick LichtenbergFebruary 5, 2026
1 day ago

Latest in Leadership

Big TechM&A
Netflix co-CEO Ted Sarandos argues its Warner Bros. deal won’t hurt consumers. If so, they can cancel with one click
By Marco Quiroz-GutierrezFebruary 6, 2026
9 hours ago
Two young men participate in a meeting.
SuccessCareers
Meet a 27-year-old software engineer who turned a 1.0 GPA in high school into a six-figure career at American Express
By Jacqueline MunisFebruary 6, 2026
9 hours ago
C-SuiteFortune 500 Power Moves
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsFebruary 6, 2026
10 hours ago
Elon Musk
SuccessWealth
Even with $850 billion to his name, Elon Musk admits ‘money can’t buy happiness.’ But billionaire Mark Cuban says it’s not so simple
By Preston ForeFebruary 6, 2026
10 hours ago
Amazon founder Jeff Bezos
SuccessBillionaires
Larry Ellison and Jeff Bezos have seen more than $66 billion swiped from their net worths since the start of this year as AI-driven slump sees tech billionaires’ wealth free-fall
By Emma BurleighFebruary 6, 2026
10 hours ago
EuropeLetter from London
Sam Altman should take Niklas Östberg’s number: What the Delivery Hero founder doesn’t know about going public and shareholders isn’t worth knowing
By Kamal AhmedFebruary 6, 2026
12 hours ago