Hi guys , I am back with my series of threads on Vince Mcmahon. In last thread we talked about Vince Mcmahon 'the employer' and some people called him a good one and some called him a bad employer. Now this is my second thread in the series and we are going to talk about the genius businessman Vince Mcmahon is.
Vince Mcmahon bought all the rights of wwe (WWF) from his father in 1980. That time the company was not in great position. Everyone was struggling to make their shows succesful. They were surely one of the most succesful wrestling organisation even at that time in usa but that sucess was nothing compared to what he achieved few years later. Vince's first big business decision was to expand the organisation from a regional territory to form a national company. He on the way had destryoed many regional small companies by getting the rights of national tv and expanding its viewers at a national level. After the sucess of this move he hired Hulk Hogan after his father fired him years before. Then he and Hogan together took a step ahead and created wrestlemania which has become an epic and is most sucessful show in wrestling history. During 80's and 90 wwf used to be family show with no coarse language and foul signs. After the huge threat from WCW Vince made another brilliant business decisin and decided to to edgy and more adult oriented. We all know that this move saved wwf from getting out of the business. Post attitude era he made another decision to go back as family friendly company and went from TV 14 to PG. Say whatever you want to say but this is another brilliant business decision. This is for sure not a popular decision among all the attitude era fans but businees wise its a good decision. Vince trying to improve company's image in general media by going family friendly.
Besides being a brilliant businessman , Vince is genius to recognise talents and push the right people to the moon. Vince recognised the talent in Hulk Hogan and he hired him back immediately when he took over the company. Later when WCW fired Mark Callaway (The Undertaker) he jumped on the oppotunity and created one of the greatest gimmick of all time in as The Undertaker to benefit from the expression less face of him. He saw the marvellous wrestler in shawn Micheals and Bret Hart and pushed them really hard as the face of the company inspite of them being small. He knew that they would make money for the company and he was right. He then saw the crowd reaction after one line (Austin 3:16 say I just whopped your ass) and decided to push him to the moon. This was the move that saved company from getting out of the business in late 90's. He hired great talents like Steve Austin, Chris jericho, Mick Foley, Brian Pillman, HHH, Benoit, Eddie guerrero and many more from WCW which were either fired from there or were doing nothing. Post attitude era he recognise another talent in John Cena and made him face of the company and he has become one of the top superstar in terms of merchandise sales of all time. This is my favorite quality that I like about Vince. He can recognise talent underneath someone. Its being reported that he is going to push The Miz in future as a face of the company and I am sure he will be right in that decision too.
Vince also made some brilliant creative decision and one of them was going on screen as Mr Mcmahon charactor after Montreal screwjob. This awesome move not only made Austin what he was but also put base to some other brilliant storylines.
I guess most of you will agree with me on Vince being a genuis as a businessman. He has all my respect as a businessman. He surely ruined wrestling a bit by going PG or by breaking keyfabe to the public in late 90's because now everybody knows that wrestling is scripted. He made some really bad decision as well like, XFL, Fall for brawl etc. But he still is a genius.
Your thoughts :
Vince Mcmahon bought all the rights of wwe (WWF) from his father in 1980. That time the company was not in great position. Everyone was struggling to make their shows succesful. They were surely one of the most succesful wrestling organisation even at that time in usa but that sucess was nothing compared to what he achieved few years later. Vince's first big business decision was to expand the organisation from a regional territory to form a national company. He on the way had destryoed many regional small companies by getting the rights of national tv and expanding its viewers at a national level. After the sucess of this move he hired Hulk Hogan after his father fired him years before. Then he and Hogan together took a step ahead and created wrestlemania which has become an epic and is most sucessful show in wrestling history. During 80's and 90 wwf used to be family show with no coarse language and foul signs. After the huge threat from WCW Vince made another brilliant business decisin and decided to to edgy and more adult oriented. We all know that this move saved wwf from getting out of the business. Post attitude era he made another decision to go back as family friendly company and went from TV 14 to PG. Say whatever you want to say but this is another brilliant business decision. This is for sure not a popular decision among all the attitude era fans but businees wise its a good decision. Vince trying to improve company's image in general media by going family friendly.
Besides being a brilliant businessman , Vince is genius to recognise talents and push the right people to the moon. Vince recognised the talent in Hulk Hogan and he hired him back immediately when he took over the company. Later when WCW fired Mark Callaway (The Undertaker) he jumped on the oppotunity and created one of the greatest gimmick of all time in as The Undertaker to benefit from the expression less face of him. He saw the marvellous wrestler in shawn Micheals and Bret Hart and pushed them really hard as the face of the company inspite of them being small. He knew that they would make money for the company and he was right. He then saw the crowd reaction after one line (Austin 3:16 say I just whopped your ass) and decided to push him to the moon. This was the move that saved company from getting out of the business in late 90's. He hired great talents like Steve Austin, Chris jericho, Mick Foley, Brian Pillman, HHH, Benoit, Eddie guerrero and many more from WCW which were either fired from there or were doing nothing. Post attitude era he recognise another talent in John Cena and made him face of the company and he has become one of the top superstar in terms of merchandise sales of all time. This is my favorite quality that I like about Vince. He can recognise talent underneath someone. Its being reported that he is going to push The Miz in future as a face of the company and I am sure he will be right in that decision too.
Vince also made some brilliant creative decision and one of them was going on screen as Mr Mcmahon charactor after Montreal screwjob. This awesome move not only made Austin what he was but also put base to some other brilliant storylines.
I guess most of you will agree with me on Vince being a genuis as a businessman. He has all my respect as a businessman. He surely ruined wrestling a bit by going PG or by breaking keyfabe to the public in late 90's because now everybody knows that wrestling is scripted. He made some really bad decision as well like, XFL, Fall for brawl etc. But he still is a genius.
Your thoughts :