Since the inception of the NFL in 1920, it would appear that unsuccessful head coaches actually have no worries of any kind. With the coaching club acting like a fraternity — similar to the ownership of all NFL organizations — ineffective head coaches have been routinely shifted to other teams. However, you would think that an unproductive head coach would be demoted to some lowly position comparable to a back office refreshment coordinator. Yet, that would be incorrect. In fact, you can rest assured that a useless head coach will be given another head coaching position with another team, and most likely with an increased salary. The justification of this process is quite baffling. Despite the fact that it’s extremely difficult to land an NFL head coaching job, perhaps the losing head coach that’s been given a fresh start with another team possesses a very unique talent that just wasn’t recognized by the previous organization. Of course the new head coach would be expected to shine immediately with his newfound team. Nevertheless, just as the old expression goes, “all good things must come to an end.” While this head coaching carousel might have persisted for the same football coach as he was employed in the so-called best interest of two or three teams, team owners have ultimately realized that a losing philosophy and a hopeless strategy is still very much a losing philosophy and a hopeless strategy, no matter the team for which it was implemented. Subsequently, there are many former NFL head coaches that can now be found on game day in the upper tiers of football stadiums attempting to call plays or struggling to formulate defenses — it seems they just don’t go away quietly.
Along with his 40-years of dedication in the financial services industry, Bill is the President and CEO of GPSforLife, has recently authored a highly successful book entitled 44th: A Presidential Conspiracy, publishes his dynamic monthly financial newsletter MacroProfit, and faithfully continues his third decade on the radio with It’s All About Money, which can be heard weekdays on Money Radio in Phoenix and in podcast form on his website (and on smartphone apps) published at billtatro.com weekdays at 5pm Eastern. Bill can be reached via email at email@example.com and on Twitter @tatroshow.