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The core of Mr Selig's argument is that baseball is not really a collection of individual teams, but a single national enterprise that, to be successful, must give each participant an equal chance to win every year.
ECONOMIST: Damn Yankees
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After stepping down as editor Jim developed new businesses for us, including our successful newsletters, investor cruises and the FORBES on Fox television show, where he was a regular participant--and where he stunned the executives there by becoming the most popular commentator on the program.
FORBES: Magazine Article
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Yes, there is a time to pivot, to cut your losses and to move forward but for a true entrepreneur (and for most every successful leader) that point is much further along the realm of the seemingly impossible than any other participant or observer would have thought.
FORBES: 12 Maverick Leadership Tips from James Bond