"Fatboy" Productions presents...(very serious post pls read)

If I did a event and made less than 1st but more than 2nd and below, is that wrong

  • Yes

    Votes: 18 13.8%

  • No

    Votes: 112 86.2%
  • Total voters
    130
Fatboy

Fatboy

AzB Silver Member
Silver Member
nothing!! for a long time but I'm headed and am very serious about it, I'm on the way now and putting together my advisors, players, vendors, supporters, media(later), and doing my best to win over my detractors, I cant do anything alone. But someday I will promote pool, when I have the cash flow(I did but its gone, just for now) and the time and a few more years older. I truely know I can make it work

I plan on Pro-events, I'm not a league guy, bar guy, or a tour guy like Mike Janice of Shannon. I have awalys loved pro-pool, I intend on making it profitable for everyone or I wont do it if I cant make $$$ after say 5 years. I refuse to do it for free, who works for free??, Its a labor of love in the sence I could make more $$ elsewhere, but when I get to the stage of life to promote pool it will be out of love more than $$$, but if its worth doing-its worth doing for $$$. :) This isnt going to be my living so once I get it right it will just repete itself, what my staff makes will be public too(public for players/staff only)

So lets say I do a massive tournment after I have alot of the pro-pool worlds confidence, and I will-thats not a concern, I have a plan. So suppose after all overhead and income there is $450,000(i know thats alot but just go with it for now) left for the purse and my end, Please read on from another post i just made:


When I do pool events(and I will) I'm going to use open book accounting for all the principals involved(TD, Asst TD, board members, my advisors, vendors, investors etc.) and when I lose $$ in the begginning how much I lose will be public, when I make $$-I will tell everyone, as I believe if its worth doing its worth doing for $$$ and will make no excuses for my pay check-it will never come at the expence of the players, it will come from the gate, TV, advertizers, sponsers, vendors and where ever else I can make it work. For example suppose the total $$ left for the purse and me is $450,000 (just a random number). If my players make $300,000 in a event and I make $150,000 I will let the world know, there is nothing wrong with making $$$, Its going to be my show and my choice to disclose my profit-why hide it???-that will be the standard for all my gig's. If I'm hated for making $150,000 and paying out $300,000, then I'm a bad guy but my players will KNOW they will be paid on the spot-as they will see the accounting at the players meeting. they should see it-hell they will know my end and why not? and know their end too. I will refund their $$, if they dont like me making $$$ etc.

I WILL NEVER TAKE A PENNY IN PROFIT UNLESS THE PLAYERS ARE GETTING WAY OVER 100% THE ENTRY FEE'S COLLECTED. I ONLY MAKE $$$ IF EVERYONE MAKES $$$ FIRST. Remember its awalys going to be open book, no bait and switch, I will get to a formula-might take 5, 10 years but I will. I might cap my profit margin too. PLAYERS AWALYS COME FIRST!!!! I'm going to ram the media for the $$$.

I do biz differently than others and have very different results . If I lose $$ for year after year that will be public too, I'm a open book guy-love me or hate me. I believe I can put $$$ in everyones pocket-my customers (gate, TV, advertizers, sponsers, vendors and where ever else I can make it work), my players and lastly myself. My cusromers will make $$$ in the long run too, as they are as important as the players. I'm smart I hire smarter, better people and empower them, thats the trick to my success, thus far.

I'm nobody special, I am just more creative and refuse to succomb to the general attitude of pool's negitivity(part of why I left pool years ago). But i'm not going to pay out $425,000 and make $25,000 as thats not worth my time. So the players and everyone will know Fatboy is gonna get fatter and pay everyone, all it is, is a redistribution of $$-nothing more. Problem is no one else sees it like that, so far as I have ever seen, but what else is it??? $$$ isnt created or destroyed at pool gig's. The IRS destroys $$ . So I have to tap into streams of $$ and redistribute some of it, harder said than done. But i will...

If I cant make it work, I will say so-pubically. I'm still a couple years away from this. But I just am reasearching things, public opinion,

POLL QUESTION: even if you dont like me pls answere honestly for the players, thanks EP

If I did a event and made less than 1st but more than 2nd and below, is that wrong?
 
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Disclaimer for this post/thread

Please understand the above numbers are theoritical only and are going to need alot of massaging around to keep everyone happy,

I just know I can tap into $$$ streams and orginize things. the numbers are way down the road my intent isnt
 
Fatboy if you can make money at this then more power to you ... If all you say comes true I don't see how anyone can hold it against you ... The players are getting paid well ... Your promoting our game and have success ... And your setting a pattern that may change the way the game is promoted forever . So no matter how much money you make God Bless you if you can make it happen , It can only help to further the game.
 
As usual the only thing I can say is good luck with it,I hope you can get some big name companies behind it outside of the pool businesses because they are so spread out.The idea is to get them all together for "one" pro tour,put all the BS aside and pool the money together to support the players and have a real tour and a real World Championship.I do what I do out of love for the game and when I tell people I dont make money doing it and spend more then I get by far they are in disbelief and either think I am crazy or stupid,well if it comes then it comes.I do believe I will be doing other things because that is how life is,it leads you here and there,who knows maybe the next thing I take up will be bowling. :)
 
nothing here is set in stone except open books and all $$ posted, I just want input on my crude ideas, I will refine them with education-please educate me here.
 
Fast Lenny said:
As usual the only thing I can say is good luck with it,I hope you can get some big name companies behind it outside of the pool businesses because they are so spread out.The idea is to get them all together for "one" pro tour,put all the BS aside and pool the money together to support the players and have a real tour and a real World Championship.I do what I do out of love for the game and when I tell people I dont make money doing it and spend more then I get by far they are in disbelief and either think I am crazy or stupid,well if it comes then it comes.I do believe I will be doing other things because that is how life is,it leads you here and there,who knows maybe the next thing I take up will be bowling. :)
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neck-ties at big companys are a joke, i dont know how to tie a tie-I have my lawyers do it for me when necessary, but getting them in is possible

good luck is right but this will be done not for my income of biz, i just believe it must be profitable so if it works others will have the interest and drive to keep it alive, I might use my $150,000 to have others run it. Every successful anything must be profitable. If I lose my tail, ok at least I fired at it-wouldnt be the first time.
 
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If you have the cash to cover the whole event then it's going to be real comfortable planning, marketing, operating and concluding it. Open books is the best way to do it and there's nothing wrong in making more than the 1st Place Prize Money specially if you get to hold a real successful event. Just being able to do it and set a template to follow will be worth what you make. That too, earning more than the 1st place, will surely entice more promoters to jump in and follow your system.

Yell if I can be of assistance.
 
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Fatboy said:
neck-ties at big companys are a joke, i dont know how to tie a tie-I have my lawyers do it for me when necessary,

good luck is right but this will be done not for my income of biz, i just believe it must be profitable so if it works others will have the interest and drive to keep it alive, I might use my $150,000 to have others run it. Every successful anything must be profitable. If I lose my tail, ok at least I fired at it-wouldnt be the first time.
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The sponsorship money from a big company outside of the pool biz would do alot and would be a drop in the bucket for them.If we have regular events on ESPN with their name all over it or take the live streaming to the next level meaning having tv quality and a good production that is professional it could be a good incentive especially if there are big viewer numbers.If you ever need a young guy who is hungry then let me know,I have lots of ideas,ya know fork and a knife but all I need is some steak. ;)
 
I got dibbs on working the concession stand.

Concession-Stand.jpg
 
It will always boil down to the same thing in pool, "whats the entry fee?" and "whats the payouts?". After that nobody cares, if thats your goal in profits then so be it, and best of luck to you.

Kevin Vidal
 
Fast Lenny said:
Hey that is not going to work,how will it make any money with you eating everything? :confused:
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Thats not very nice, but I can get my weight down very easily, but its just no fun not eating what I want, ya dig? I mean if anyone wanted to fade some easy action, id drop 60 in 6 months for a G or more. But everyone things im stealing, haha.
 
derekdisco said:
Thats not very nice, but I can get my weight down very easily, but its just no fun not eating what I want, ya dig? I mean if anyone wanted to fade some easy action, id drop 60 in 6 months for a G or more. But everyone things im stealing, haha.
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You would have to be butt naked at the weigh in and spread em to make sure you weren't hiding a 60 pound dumbell up there because I know you have many tricks and boofing could be one of them. :grin-square:
 
Fast Lenny said:
You would have to be butt naked at the weigh in and spread em to make sure you weren't hiding a 60 pound dumbell up there because I know you have many tricks and boofing could be one of them. :grin-square:
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Nope, no tricks. Just 260 lbs of solid back hair and soda belly. Its actually getting out of hand :(
 
derekdisco said:
Sorry , lenny and I got a lil sidetracked. But I wish Fatboy well in whatever he does, he has my vote.
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Haha,yeah we need to take this to the action forum brother and get you paid,would be good for your health and attract some skanks. ;)
 
selftaut said:
It will always boil down to the same thing in pool, "whats the entry fee?" and "whats the payouts?". After that nobody cares, if thats your goal in profits then so be it, and best of luck to you.

Kevin Vidal
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no!! that formula has been failing forever, and will forever. KT had it right with internet gaming $$$ as his stake horse-at first, it got ugly after that. This aint about him so i will end ALL talk of that now.

I wouldnt waste my time with trying to re-do the arithmic of a failed plan, when I do some thing it will have my and other $$ behind it big-real big. I have ways to raise HUGE $$$, legal and ethical-those 5 or 6 people here who REALLY know me personally especially 2 understand what I mean, no I'm no one special-I'm just gifted and can present myself in ways that attracts investors. I will take a leap of faith and say JCIN will vouch for that and Watchexz, Billy Chips know whats up but they might vouch for me. All that matters for pool is the end result, all that matters for investors is pools end result-"entry fee's" is pennys, added $$$ isnt.

pool is penny kinda wise and dollar extra foolish, I'm not knocking you at all for your post, it might seem that way but i'm not, what you said is whats awalys said-I'm going to work around that to the extent that those questions answere themself and are a small part of the equation, remember open books, Relying on entry fees is WHY pool cant make it,

I'M GOING TO GUESS ABOUT THESE NUMBERS TO SHOW A POINT:

no $$$ is created at a pool tournment, so like the US Open more was spent on hotels, travel, (food dosent count cause we eat anyways) but hotel/travel ate up perhaps $500,000-$600,000 for everyone to get there-perhaps more than that to redistributed $200,000(or what ever the prize pool was) in pool that week, so the "rake" was higher than the table stake in poker terms, that will kill sport. the $$$ involved has to be alot more than the "Rake". Entry fees/added never are never enough to cover anyhting thats spent outside the tourny-so it fails. At the us open I bet 800 people went and only 50 made $$$(not including the TD, Barry, and other staff),

since we as a group of 800 people (players, grinders, sweators, rail birds, friends of players etc) spent perhaps 3 times what was distributed EVERY tournment like that destroys $$$ like the irs-it goes out and thats that. This is what needs to be defined(how much) and then look that as a cost of doing biz, then basiing the biz model on that loss each time, imagine if 600 of the 800 who went made $$$, you couldnt have too many tournments like that, they would be like rock concerts(almost).

See what I'm doing here i'm dissecting everything to see how to take someone elses cash flow and make use of it in pool and then useful to lose their $$$ not the 800 of us last week. The internet guys didnt mind so KT went into biz, pls let that thought die there-it illustraits a fundmental principal, :

IF YOUR OUT GO EXCEEDS YOUR INCOME, YOUR UP KEEP WILL BE YOUR DOWN FALL.

And thats traditional pool promoting in a nutshell.

that aint me, I stay up like this at night for years figuring out how to do what it is I do, even realestate marketing, everything. traditional thinking=traditional results.

ok one more line: (my all-time favorite)

IN ORDER FOR YOU TO HAVE THINGS YOU NEVER HAD BEFORE, YOU HAVE TO BE WILLING TO DO THINGS YOU NEVER DID BEFORE.

ENGLISH: same grind, same predictable life, no thanks not this fat kid, I refuse to be denied anything. Pool is no differnt.

to the person I quoted, this wasnt a knock on you, please dont take it that way. I appericate anything you say.:)
 
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I find the concept promising but was left wondering about one thing. You're bound to have to contract out a lot of stuff...location, tables, staff, catering, marketing materials etc etc....

I could see that some of the vendors would not be totally happy about open-book accounting as it would reveal their prices to competition? How could that be handled?

There are other opportunities for additional later income through DVD-sales, Online video-services....and if money and resources were available through live online-services, renting out table-space for vendors, merchandizers, collectors, organizing cliniques etc....depends really on how BIG one wants to go...

In principle I have no issues with the organizer taking whatever cut from the budget as compensation. In the end it's the purse that is going to attract the players in there...or not. If the cut of the promoter diminishes the purse to trivial amounts so it will not be interesting to the players anymore, the tournament will die...also the purse distribution might have something to do with it...it might be an interesting proposition to see how the registration of players and attraction of sponsors and media would be different between a 1M$ Winner-Takes-All tournament vs. Winner100k$ top 32 paid.

Anyhow....not that I know anything about organizing tournaments! :)

cheers,
Kimmo
 
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