Some sports stars disappear after retiring, some hang around on the fringes looking for ways back into the sport. Sports analyst and cricket commentator Harsha Bhogle tells Forbes India why it is tough for successful sportspersons to also find success in business
There’s Mahesh Bhupathi with Globosport and then there is the rest of the talent management industry in India focussed on cricket. What do you think makes Globosport tick?
If you look at sports management today, there are cricketers and cricketer’s agents. Apart from that what have we done? There is Anil Singh in Procam who has done the Marathon and their niche events, apart from that what events do we have?
Till the Marathon came about we didn’t have a large sport event, and Marathon now is more of a city event than a sport event really. At least the WTA [Women's Tennis Association] event and all was a big plus which is what Globosport used to do, but apart from that, outside of cricket, where do we have any events? And if you are reading the newspapers now, you can see why not.
There are factions within the hockey federation and they are trying to come together; Commonwealth games are way behind schedule; a football coach is blasting the facilities for football in India — and there is no shortage of money. Any sport in India that can be on television and says there is shortage of money should all be sacked and asked to go home. Today, corporate India is willing to support if you are willing to give them professional management.
So, to achieve something outside of sport, to get funding outside of sport, to get governments in — I think Andhra Pradesh government and the West Bengal government partly funded the WTA tournament — they [Globosport] have done well.
One sign that a company is doing well is when people break away to start companies. There are two or three from Globosport. What’s happening now is that each of these cricketers is now saying why shouldn’t I start my own company? Which I think from a cricket point of view is a bit dangerous because if you are a one man company its okay, but the moment you start signing up other cricketers then it would be a conflict of interest.
Globosport, from what I remember, from being in tennis but also taking care of Sania [Mirza]. It was excellent the way they took care of Sania, the way they gave her experience. I am not sure how much exposure Sania would have got without Globosport.
Various cricketers have tried their hand at business but we haven’t heard a lot of success stories from them. What to your mind is the reason for it?
You won’t [hear business success stories from cricketers]. When you are a cricketer you are used to things being done for you in India. So if you are used to things being done for you, that makes it difficult to be a businessman where you have to do a lot of things.