Why do you continue to ignore who Saban's partner is and his vast and successful industry experience? Fairly certain that guy will oversee operations and knows how to hire the right people.
Could the potential dealership fail? Sure, just like every new business can. But I know Saban is not going to be running this alone and his partner is about as qualified as you can get. I doubt either is ponying up their cash with a "what the heck" attitude.
Other than being a new dealership, how does this particular situation compare to the failed ones you claim to have experience with?
I have several very successful clients who have become tremendously successful in the auto business.
They are on top of every daily operation at their dealership. A couple have invested in other dealerships elsewhere, and hired, "the right people" to run them. They sold out at a loss within a couple of years to protect their finances.
I've also known automotive clients who were very successful bankers, attorney's etc, had tons of money and decided that they'd buy a dealership for themselves with the same philosophy of hiring the right people to run it. None of them have ever made it.
Saban's partner obviously knows what he's doing. His track record proves it, and I wish the dealership and Coach S. all the best. I hope it makes a gazillion bucks.
The only thing is---Hiring the "right people" in the automotive industry isn't an easy thing to do. They're not running around all over the place.
I guess I'm being selfish to a degree. I just don't want Coach to ever let outside clutter take any of his focus away from football. Coach Bryant let it happen for awhile had some pretty bad years by Bama standards.
But again--I wish Coach nothing but the best. I just know the auto business is anything but guaranteed, and anyone on this board who is involved in it will tell you the same thing.
