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Hire Fast, Fire Slow?
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<blockquote data-quote="Randy Carson" data-source="post: 868627" data-attributes="member: 766"><p>An individual or group comes up with a bright idea for a new product. It's a struggle to take it to market, but a few folks are convinced to invest some seed money, and the company begins to grow. With hard work, luck and market acceptance, the product and the company are a success. As a result, the initial investors are hugely rewarded while the consumers benefit from use of the product - even a product that they didn't know they needed before it appeared.</p><p></p><p>Applying this to our situation, if the AA wants to succeed, then it needs to find some venture capitalists willing to put up the NECESSARY money required to succeed. Money for facilities, coaches, marketing, etc. Those funds are not going to come from ticket sales to the buying public which has lost faith in the management team. That would be putting the cart before the horse. A good product on the field would translate into butts in the stands and it becomes self-sustaining. AT. THAT. POINT. And not before.</p><p></p><p>If you build it, they will come. And in order to build it, you have to invest in all things necessary to produce a superlative product and create "raving fans".</p><p></p><p>You'd think that Tech's "money men" would understand this.</p></blockquote><p></p>
[QUOTE="Randy Carson, post: 868627, member: 766"] An individual or group comes up with a bright idea for a new product. It's a struggle to take it to market, but a few folks are convinced to invest some seed money, and the company begins to grow. With hard work, luck and market acceptance, the product and the company are a success. As a result, the initial investors are hugely rewarded while the consumers benefit from use of the product - even a product that they didn't know they needed before it appeared. Applying this to our situation, if the AA wants to succeed, then it needs to find some venture capitalists willing to put up the NECESSARY money required to succeed. Money for facilities, coaches, marketing, etc. Those funds are not going to come from ticket sales to the buying public which has lost faith in the management team. That would be putting the cart before the horse. A good product on the field would translate into butts in the stands and it becomes self-sustaining. AT. THAT. POINT. And not before. If you build it, they will come. And in order to build it, you have to invest in all things necessary to produce a superlative product and create "raving fans". You'd think that Tech's "money men" would understand this. [/QUOTE]
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