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I have yet to see any evidence that he is a bad businessperson or a bad person.
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You've got to be joking. Toronto and his failure to tap into the city's unsatiable boom numerous times is evidence enough he sucks at business beyond the sales. Talk to anyone in the field and/or dealt with him and they will say he's not exactly a nice guy either. His prodigy on the other hand ...
Stinson is hardly entrepreneurial. They were dozens of successfully completed conversions before the Candy Factory and hundreds of condo hotel units opened before One King (although the structure of One King differed slightly which goes back to being a bad in business)
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Several people made a ton of money off of Candy Factory and 1KW.
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Everyone lost with One King and probably too with the Candy Factory if he wasn't booted off the team early on.
It's good to see him starting small which does give hope that this project may actually get built however, if starts tinkering, its fate won't be any different than the 100 storey delusion