US entrepreneurs absorb the Trump shock look to future

US entrepreneurs absorb the Trump shock look to future US entrepreneurs absorb the Trump shock look to future REACTION among US entrepreneurs and the global business world  to the surprise election of Donald J Trump as the next US President provides a fascinating insight into  the profundity with which the veteran business figure has shattered expectations with his stunning victory.Much has been written in general terms about Trump’s supposedly outsider status, his apparently wayward temperament, and questionable personal behaviour. But the negative reaction of markets internationally to the elevation of a business mogul to the White House is a further sharp irony in this most unusual of US Presidential elections.From the investor perspective, Trump is not  a safe bet on two counts: his economic position is less clear cut than the Democratic candidate Hillary Clinton, and often runs counter not only to orthodox strategies, but also those of his parent Republican Party.The  early  morning of Wednesday November 9 provided a market  response  similar to that witnessed during the immediate aft ermath of Brexit, when Nasdaq plummeted by 4 per cent.Overnight, there was an enormous drop in the Mexican peso against the dollar, down by almost 13 per cent, and a plummet in the worth of US stock futures. Asian stocks crashed, Gold and US Treasuries rallied. But while the unexpectedness of the Trump victory created a severe  post-election hangover for the markets, US entrepreneurs and business figures  globally, there was a palpable adjustment to the new reality by the middle of the day.Richard Branson had made his feelings clear on Tuesday November 8.I would like to see an entrepreneur become President one day â€" just not this one https://t.co/QaImNbeQ2P #ImWithHer pic.twitter.com/0gBmDOWZYAâ€" Richard Branson (@richardbranson) November 8, 2016But by the following afternoon, Branson was focusing on the necessity of focus on healing the divides and wounds inflicted during the election campaign, to restore faith in the US political system.Momentous challenges lie ahead to heal th e divide and reinvigorate the belief and faith in the political system: https://t.co/7vjXexZzhT pic.twitter.com/nccnEQWhlVâ€" Richard Branson (@richardbranson) November 9, 2016Branson’s contemporary,  Lord Sugarâ€"not known for his support of Mr Trump, whom he refers to as “Donny”â€"was early out of the traps with the observation that the four years of a Trump presidency  would be interesting.Wow the @realDonaldTrump did it .Unbelievable, he worked the media and targeted the dispondant voter. Its going to be a interesting 4 yearsâ€" Lord Sugar (@Lord_Sugar) November 9, 2016And in the US, particularly in Silicon Valley, while the initial reaction was more explicitly and palpably fearful, there has also been an air of pragmatism, even optimism. This is best exemplified by the reaction of, John Lilly, partner at Greylock and former CEO of Mozilla, who took the view that while November 9 may not have delivered the result that many were hoping for, it was important to retain princ iples and work towards the future in a spirit of hope.This is a bad beat for the US. But tomorrow the sun will come up and well get on with figuring it out. Be decent, be proud. Work hard. Hopeâ€" John Lilly (@johnolilly) November 9, 2016It is not only US entrepreneurs who have been wrongfooted by Mr Trump’s stunning election victory. As an indication of how profoundly the new President-elect  confounded  expectations, it’s instructive to look at the response of Irish bookmaker Paddy Power.Bookmakers rarely get things wrong, but last month the business was so assured of a Clinton victory (odds of 86 per cent), that they paid out approximately €1m to customers who had bet on the Democrat candidate.“We’re in the business of making predictions and decided to put our neck on the line by paying out early on Hillary Clinton, but boy did we get it wrong,” spokesman Feilim Mac An Iomaire told Bloomberg early on Wednesday. “We’ve been well and truly thumped by Trump,” said Mr Mac An Iomaire.The situation faced by Paddy Power on Wednesday November 9 almost symbolically captures what has happened, and what must happen  next. There is a new reality that was unforeseenâ€"in the US and worldwideâ€"due to expectations and metrics that Mr Trump and his team confounded. The challenge has been set out by entrepreneurs such as Lilly and Branson above. Donald J Trump is  the next President of the United States. It’s time to move ahead, on the basis of what’s best for all.