Midas touch

American  

noun

1. the ability to turn any business venture one is associated with into an extremely profitable one.

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Usage

What does Midas touch mean? Midas touch is the ability to turn any business into a profitable one, as in The CEO had the Midas touch, managing to turn the business into a highly successful company. A person who always seems to be able to make anything into a success is said to have the Midas touch, as in Kathy must have the Midas touch because her team wins every game she plays in. The phrase is almost always meant as glowing praise or a big compliment.Example: Jake would need the Midas touch to turn the failing business into a success.

Etymology

Origin of Midas touch

First recorded in 1880–85; Midas

Example Sentences

Robertson's tenacity and McTominay's Midas touch set the night up perfectly, it engaged the crowd and rattled the Spaniards, who came steaming back into it.

From BBC

She trashes Biden — “the reverse Midas touch” in all things so far — and admiringly quotes former president Donald Trump on what a great job he would have done.

From Washington Post

We might say they have the Midas touch or honor them artists of the almighty dollar.

From Salon

It is clear that the Supreme Court is at risk of falling prey to Congress’ reverse Midas touch.

From Washington Times

Indeed, he sold himself as a top-notch manager with a Midas touch: not some useless politician, but an actual businessman, someone who knew how to make things happen in the real world.

From Washington Post