A few thougths

macguy

AzB Silver Member
Silver Member
Why I think like I think about the IPT. I am not and never have been an IPT basher, just an observer and have made a lot of comments that have been attract as well as me personally. If you have read any of what I have written going back to the beginning you find the common thread to be my, "It makes no sense" theme. I am not one who operates on faith or wishful thinking. There has been one glaring problem with the IPT from the start and that has been the defining of what their product was and what it was to be. Here is what I mean by that.

Way back in the beginning I commented on why hasn't there been any marketing of the players and promotion of the IPT outside of the tiny subculture of the pool world, I.E. this web site? Posters and supporters of the IPT have defended them by saying, "they have to wait till they have a few tournaments first". This is completely backwards. You don't wait till a movie has been in the theaters for a few weeks before you tell people about it, you promote the hell out of it first. You have to make people want your product before you can sell it to them and this was never done with the IPT from the start. They can have all the "Get rich quick" affiliate programs and schemes they want but the bottom line is their product is pool and the public will not buy it, at least not now.

Anybody with any history with the sport knows this, pool has a very small hard core following. It would take a very long term plan and an almost indoctrination program to get the public interested. Who have they been doing all this flash for, themselves, us? We already watch pool and have proven historically there isn't enough of us to even support the minimal financial well-being of a professional pool tour, so who is the audience and where are they going to come from and how are they going to develop this fanatical interest that would be required for this to succeed at any reasonable level? This was what they should be asking themselves and it is certainly going to be what any potential sponsor would ask before making any long term commitment. I am talking about a real SPONSOR, one with a commitment, not just someone who bought some one time advertising.

By the way, am I the only one who noticed Vonage, and Emerson no longer appear on the home page of the web site? I suspect they just got sold an ad by a sales person of the IPT and were NEVER any kind of sponsors, just short term advertisers. To make a long story short, NO business on this planet can exist without some positive or at least the potential for a positive cash flow. It is not possible for the IPT continue, their potential for failure from the start has been and still is 100%.

These are my views, it is not meant to be a debate but if I am missing something please tell me what it is because I can't see it any other way and never have. I can sympathize with those that want to believe, but you need to be following someone with a real vision and plan, not a flute.
 
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macguy said:
Why I think like I think about the IPT. I am not and never have been an IPT basher, just an observer and have made a lot of comments that have been attract as well as me personally. If you have read any of what I have written going back to the beginning you find the common thread to be my, "It makes no sense" theme. I am not one who operates on faith or wishful thinking. There has been one glaring problem with the IPT from the start and that has been the defining of what their product was and what it was to be. Here is what I mean by that.

Way back in the beginning I commented on why hasn't there been any marketing of the players and promotion of the IPT outside of the tiny subculture of the pool world, I.E. this web site? Posters and supporters of the IPT have defended them by saying, "they have to wait till they have a few tournaments first". This is completely backwards. You don't wait till a movie has been in the theaters for a few weeks before you tell people about it, you promote the hell out of it first. You have to make people want your product before you can sell it to them and this was never done with the IPT from the start. They can have all the "Get rich quick" affiliate programs and schemes they want but the bottom line is their product is pool and the public will not buy it, at least not now.

Anybody with any history with the sport knows this, pool has a very small hard core following. It would take a very long term plan and an almost indoctrination program to get the public interested. Who have they been doing all this flash for, themselves, us? We already watch pool and have proven historically there isn't enough of us to even support the minimal financial well-being of a professional pool tour, so who is the audience and where are they going to come from and how are they going to develop this fanatical interest that would be required for this to succeed at any reasonable level? This was what they should be asking themselves and it is certainly going to be what any potential sponsor would ask before making any long term commitment. I am talking about a real SPONSOR, one with a commitment, not just someone who bought some one time advertising.

By the way, am I the only one who noticed Vonage, and Emerson no longer appear on the home page of the web site? I suspect they just got sold an ad by a sales person of the IPT and were NEVER any kind of sponsors, just short term advertisers. To make a long story short, NO business on this planet can exist without some positive or at least the potential for a positive cash flow. It is not possible for the IPT continue, their potential for failure from the start has been and still is 100%.

These are my views, it is not meant to be a debate but if I am missing something please tell me what it is because I can't see it any other way and never have. I can sympathize with those that want to believe, but you need to be following someone with a real vision and plan, not a flute.


You are missing a whole lot macguy!!!! I am not and will not be interested in the opinion of a loser like you. You are a freakinn NIT with a capitol T. Eat some crow macguy, you deserve it. You have demonstrated a better than thou ignorant attitude from the first post you ever made. Here is a little reminder chump!!!

Why do you want a backer, put up your own money and keep all the winnings. I wish I could invest like that, you put up the money take all the risk and I will split with you. If I believe in a project I don't want a partner, I either like the deal or I don't.


Sorry pal, had to do it. Where ya been buddy!!!
Purdman:D :D :D :D :D :D :D :D
:D :D ALL THE WAY TO DA BANK!!!!!
 
Purdman said:
You are missing a whole lot macguy!!!! I am not and will not be interested in the opinion of a loser like you. You are a freakinn NIT with a capitol T. Eat some crow macguy, you deserve it. You have demonstrated a better than thou ignorant attitude from the first post you ever made. Here is a little reminder chump!!!

Why do you want a backer, put up your own money and keep all the winnings. I wish I could invest like that, you put up the money take all the risk and I will split with you. If I believe in a project I don't want a partner, I either like the deal or I don't.


Sorry pal, had to do it. Where ya been buddy!!!
Purdman:D :D :D :D :D :D :D :D
:D :D ALL THE WAY TO DA BANK!!!!!

I am sure you are happy but his winning only confirmed what I said. His unwillingness to put up a few hundred of his own money cost him like $20,000. that was really brilliant.
 
macguy said:
I am sure you are happy but his winning only confirmed what I said. His unwillingness to put up a few hundred of his own money cost him like $20,000. that was really brilliant.

I am going to say this one time macguy. John Schmidt had some financial obligations comming up Oct. 1st. just like the rest of us. Rather than dissapoint those who were depending on him, he was going to stay home. If the IPT had done what they said they were going to do, he would have done it himself. He is much more a gentleman than you will ever be yourself. He is also the 2006 US Open 9 Ball Champion. What the hell you ever done pal? You ought to just shut your stupid mouth while you can buddy. You look more like an azz everytime you open it. I hope to hell I meet you one day good buddy. The $20,000 I got will be used to help others! What would you do with it? I don't need it and would give every dam dime back to John if he needed it. He knows that, I know that and now you know that. It didn't have a dam thing to do with the money macguy, I have more than I need as it is. That is what happens when you try to do the best you can everyday of your life and help those who need it. You just don't get it and probably never will. To tell you the truth, if your wife or kids ever needed help, I would be there for them also
if I could. Some people understand this concept, others like you and Blud don't. You just take advantage of everything and everybody you can caus' you are afraid you won't have enough. You guys screw the only good people you ever meet. That is why they are gone. Good luck to you buddy, you are gonna need it with that loseing attitude of yours.
Don (Purdman) Purdy;)
 
Purdman said:
To tell you the truth, if your wife or kids ever needed help, I would be there for them also
if I could.
Don (Purdman) Purdy;)

I have read enough of your posts to know you are telling the truth.
 
macguy said:
I have read enough of your posts to know you are telling the truth.


Thank you macguy. I am sorry for comming off like a jerk and I apologize for it. It takes a lot to get me going. I would like to be your friend.
Take good care of yourself and I really do hope to meet you someday.
Don:cool:
 
i agree 1000% with macguy as far as promoting the players before the tour, before the movie comes out, this is an absoloute fact, and in my opinion if the ipt fails, that wwould have been the main reason.
 
macguy said:
I am sure you are happy but his winning only confirmed what I said. His unwillingness to put up a few hundred of his own money cost him like $20,000. that was really brilliant.

Anybody want to put me in the Houston Open this weekend?LOL!
 
Purdman said:
I'm saving up for that flight to the moon!!:D I already hit cloud 9 (ball)!
Purdman:cool:

Right!!!!!!!!!

I was just jokinhg, I think I can handle this one.

Besides, the way I've played lately, I wouldn't burden anyone with this.

But, you never know!!!
 
8-ball bernie said:
i agree 1000% with macguy as far as promoting the players before the tour, before the movie comes out, this is an absoloute fact, and in my opinion if the ipt fails, that wwould have been the main reason.

I think one of the saddest parts is in the very beginning the players were led to believe they were going to get other opportunities beyond just competing for prize money. I remember him saying it didn't matter if you came in first or 50th you would make money from all that they had planed. Players had visions of being on TV doing commercials, maybe a movie part from the connections and the WM agency whose name was thrown around. I know one HOFer who bought it hook line and sinker. He knew he could not really win a tournament but really had the idea he would be able to spring board through the IPT to something really good for him and his family.

You are on the inside, do you know of anybody who got anything from their connection with the IPT so far? High paying exhibition gig or corporate gig what ever? Some of the promises actually border on the cruel considering some of the people that were depending on them to do what they promised. Some who have never had anything then had this carrot dangled in front of them.
 
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bernie, the main reason, if the ipt fails, is not early promotion. It would be that KT didnt have the money to sustain an enterprise that had more expenditures than receivables. PERIOD!

Don't amke excuses for him.

rg
 
The CD from Orlando claimed that the IPT had the William Morris Agency on board. Unfortunately, that was the only time I heard them mentioned.

Can't find fault with NYC Cue Dude's statement except that without promotion it is hard to get receivables.

Jake
 
Jake, I was under the impression that the ipt was fully funded for 2 years, regardless of whether they were successful in obtaining new revenues or not.

kt told me personally that it was his plan to build revenue streams during this 24 month period as the ipts exposure grew globally.

I was a bit surpirsed myself to see him basically fold his operation after only 2 open events, let alone 2 years.

I guess, though, that we are all pretty much on the same page when it comes to the ipt, and presently what chances it might have in surviving.

rg
 
NYC cue dude said:
Jake, I was under the impression that the ipt was fully funded for 2 years, regardless of whether they were successful in obtaining new revenues or not.

kt told me personally that it was his plan to build revenue streams during this 24 month period as the ipts exposure grew globally.

I was a bit surpirsed myself to see him basically fold his operation after only 2 open events, let alone 2 years.

I guess, though, that we are all pretty much on the same page when it comes to the ipt, and presently what chances it might have in surviving.

rg

Maybe we are on the same page, maybe not! I think the qualifiers reveal the attitude of the players and without the players and the qulifier revenues, this is surely doomed.
 
<<Jake, I was under the impression that the ipt was fully funded for 2 years, regardless of whether they were successful in obtaining new revenues or not.>>

You may be correct but my recollection from the FAQ page (that is now out of service) indicated what the prize money would be but KT went on to say something like..."Hey I don't know if this is going to work or not and that only time will tell." Again, not those exact words but language to that effect.

I don't recall any direct, point blank assertion that the tour was fully funded for any particular length of time.

Regards,
Jim
 
macguy said:
I am sure you are happy but his winning only confirmed what I said. His unwillingness to put up a few hundred of his own money cost him like $20,000. that was really brilliant.


Maybe he played that good because there was a backer for him behind.

Less stress cos no gambling about the expences - and in this case having somebody to work for, raised John to the zone.

So it was actually pretty brilliant. I bet he wouldn't have won it with gambling, probably never received any profit. Now he "had" to give a way the 50%, but he will always be an U.S.-Open Champion!
 
I cant believe everyone didnt see this coming from the beginning. I mean, you have one of the biggest scheisters in the world looking us all in the face and saying he's gonna put pool on the map with great tournies and large payouts, etc....I think KTs plan was to hold a few big tournies, build the interest up some and then sell the tour (debts and all) and TRY to make off with a large profit. This clowns past shows he is nothing but a con-man and now he has darkened pool at a time when we were getting to see some of the greatest players that have ever lived play the game. Any word on whether or not the Chicago tourney is still on? It will probably be cancelled...if not, I would stay on KTs a$$ until he paid me if he is there!!

Southpaw
 
People tend to migrate towards easy fixes to most problems in life. RE: Mexican "miracle" cancer cures or KT's "Natural Cures". Preying on people with problems for personal gain by offering a "miracle" is as old as man himself. Maybe I'm wrong about KT's involvement (only time will tell) in fixing the world of pool's big problems and becoming another NASCAR in popularity.

Over the years we have seen numerous proposals given by people with a new idea fail in the world of pool. Nobody has found the "magic" system to lure the major sponsorship full heartedly into our little world. KT and crew have come a little closer than most have. The APA is not a tour but tapped into a good thing when they targeted the average player and let them support their own hobby. Pool is like baseball in the way that everyone wants a chance to pitch and APA provided that outlet.

Pool has had some decent tours, but payouts have never reached a level that could support a decent living for more than a handfull of players. The trend seems to be that financial problems cause the demise of most pool tours. Players have had so many let downs that they have come to expect it as the norm. It is allmost like tours are doomed before they start sometimes.

I (as a part-time pro) would love to see the IPT flourish into something that lasts, but I believe a management change may be needed quickly. The "Too much - Too quick" phrase seems to fit the IPT pretty well. Re-writing their plan from the very first word may be the only way to save it now. More research with players, spectators, & sponsors would be the common sense approach. Maybe a board of independant directors from each group to make decisions?

I really don't know if the IPT can shake off the bad rep they have made for themselves and regain the trust of everyone. If they do it will not be an overnight fix. Would of's, should of's, and could of's aren't worth a half of a bag of stale chips and and an empty Coke can.

If anyone of us actually has a "magic" answer to put a tour together on even 1/4 of the IPT financial scale Please write a book and put me down for the first 50 copies.

Just my thoughts...............
 
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Ironman, as far as the attitude of the qualifying hopefuls, sure is funny how it has changed in such a very short period of time (45 days). I wouldn't call 2, 3, or 4 player turnouts a successful mandate for the ipt.

As far as my posts are concerned, they all have their gensis from either public dissemination by kt himself, directly from players involved, or better yet, gleaned from personal discussions between kt and myself. I don't think it too wiseto be posting based on hersay.

With that in mind, i beleive kt is on record (and personally otld me) that the qualifiers WOULD NOTbe funding the tour. He then told me that the funds were already secured to sustain the tour for 24 months, while he built up exposure and revenues.

At the time i had no reason (other than his past) to disbelieve him. It seemed reasonable to me if he infact had earmarked capital for this venture, that he could build up his business over a 2 year period.

If the unpaid players are looking for qualifying hopefuls to step up to the plate and whittle away at the 3 million dollar figure, 2 grand at a time, kt lied to us all, and i am confident, under that scenario, they will remain unpaid.

av84fun, the reference i made in the post regarding the funds being secured was from a discussion i had personally with kt at the world straight pool championships. I wasn't alone at the time, as there were several pro players there with me including john schnidt. At the time kt also went on to tell me that he at that time (late may) had sold 51% of the ipt to a european interest, after selling off the european GOLF channel for i beleive 100 million dollars. The figure he gave us for the 51% stake of the ipt (if i remeber correctly) was 60 million dollars, or something like that. He finished off his long conversation with me by declaring that his intentions were to OWN POOL. In the context of his assertions, it was more than troubling to hear him say that.


rg
 
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