The players gave Barry a chance to sell them on his confidence, all he had to do was agree to a request about prior disclosure on the prize fund. Barry wasn't confident enough to agree to the request.
As a business person it happens people aren't confident enough in their business to close the deal on high profile clients because of minor details. Barry is a textbook example of someone that couldn't close the deal because of a minor detail. It is so minor that internally Barry would have to check his books prior to the event and ensure he has funds to payout, he would do it anyway (assuming he plans on paying out in full).
As a business decision Barry messed up. He had his reputation on the line because the ABP confronted his events specifically, instead of confidently selling his event, he backed off. The only people that back off in a deal are those that understand the risks involved and can't manage them. Barry didn't exercise enough confidence to acknowledge those risks and agree to the ABP request.
As a business person it happens people aren't confident enough in their business to close the deal on high profile clients because of minor details. Barry is a textbook example of someone that couldn't close the deal because of a minor detail. It is so minor that internally Barry would have to check his books prior to the event and ensure he has funds to payout, he would do it anyway (assuming he plans on paying out in full).
As a business decision Barry messed up. He had his reputation on the line because the ABP confronted his events specifically, instead of confidently selling his event, he backed off. The only people that back off in a deal are those that understand the risks involved and can't manage them. Barry didn't exercise enough confidence to acknowledge those risks and agree to the ABP request.
Last edited: