There have been constant issues with organizers and promoters when it comes to delivering what they advertise.
Sometimes a person says the prize money will be on display and it is not.
Other times people say prize money is added but prize payouts are not distributed in full.
The worse times are when prize money is not even paid out at all.
Aside from what the players do, it seems like the billiards industry is plagued or suffers from chronic lapses in strong business practices by organizers or promoters.
The following idea is a stretch but it works in other industries. In order to reduce repetitive fiscal (money matters) irresponsibility, develop a system of bookkeeping or accounting so that all events are true to their word.
There is too much "well I came up short and need to move money from something else that is profitable to this money pit".
How the system would work is some governing body has obligations in order for its players to compete in certain events. And of those obligations one can be proof prize money or a prepared contingency plan to payout prize money on time if the event is not profitable.
Too much talk occurs about the players doing more, but the business end is where the problems are. And it seems the business entrepreneurs want the players to help ensure that their events are profitable in terms of attendance or promotional sales, really they are asking for a player tournament and a free promotional event.
The players put up their expenses and take their risks for decades now. The business people put up their expenses too, but too many problems happen when they do it their way. Eliminate their financial failures by implementing a system by a governing organization to trade player attendance for guaranteed payouts in full. I think if billiards is to survive the relationship between players and organizers and governors has to be strong and all parties must be protected.
As it is everyone is just hoping that what used to work will work again. And by work I mean what is profitable. A boost in new players and new talent would help the billiards industry but why would new players sign up to be told that prizes are more myth than reality. If the younger talents see the business is operating well a few might take a chance to stick around. But if its just disaster after disaster how many would want, by choice, knowingly begin a career in that industry.
In the past when players saw the money was there they came out. That ideal is still true today. But people have stories about when the money will change hands.
Sometimes a person says the prize money will be on display and it is not.
Other times people say prize money is added but prize payouts are not distributed in full.
The worse times are when prize money is not even paid out at all.
Aside from what the players do, it seems like the billiards industry is plagued or suffers from chronic lapses in strong business practices by organizers or promoters.
The following idea is a stretch but it works in other industries. In order to reduce repetitive fiscal (money matters) irresponsibility, develop a system of bookkeeping or accounting so that all events are true to their word.
There is too much "well I came up short and need to move money from something else that is profitable to this money pit".
How the system would work is some governing body has obligations in order for its players to compete in certain events. And of those obligations one can be proof prize money or a prepared contingency plan to payout prize money on time if the event is not profitable.
Too much talk occurs about the players doing more, but the business end is where the problems are. And it seems the business entrepreneurs want the players to help ensure that their events are profitable in terms of attendance or promotional sales, really they are asking for a player tournament and a free promotional event.
The players put up their expenses and take their risks for decades now. The business people put up their expenses too, but too many problems happen when they do it their way. Eliminate their financial failures by implementing a system by a governing organization to trade player attendance for guaranteed payouts in full. I think if billiards is to survive the relationship between players and organizers and governors has to be strong and all parties must be protected.
As it is everyone is just hoping that what used to work will work again. And by work I mean what is profitable. A boost in new players and new talent would help the billiards industry but why would new players sign up to be told that prizes are more myth than reality. If the younger talents see the business is operating well a few might take a chance to stick around. But if its just disaster after disaster how many would want, by choice, knowingly begin a career in that industry.
In the past when players saw the money was there they came out. That ideal is still true today. But people have stories about when the money will change hands.
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