The current business environment and the awareness of business opportunities around the globe has ignited the entrepreneurial character in most business minded individuals. In fact, most of the world’s economy is currently being held by the creative minds of entrepreneurs around the globe. Bruce Levenson is one of the entrepreneurs who have greatly contributed to the business world and the economy as whole. He is a renowned capital manger and a very brilliant financial adviser and his skills have been of great impact on the Atlanta Hawks Basketball team which he is a major partner. His interest in business has led him to take great risks in areas where not many investors would dare to dream about.
The Atlanta Hawks on the other hand has been in the industry for years now almost as old as the league itself. This wealth of experience is unmatched by any other team known in the league and this has come at a price for the most popular team in North America. Even before looking at the trends and the path that the team has been through over those years, it is imperative to look at the circumstances that led to its inception. The team was officially born in 1946 and that’s around just when the league was being launched.
After its inception and absorption into the NBA league, the team went through different phases characterised by both successes and failures. Nonetheless, all the experiences were quiet very important for the growth and posterity of the team. These phases made the team the strong household name that it is today. At the time of its launch, there were numerous activates going on in the basketball industry. One of the major activities was the merger between the two greatest rival leagues at the time, the NBL and the BAA. This merger led to the formation of the famous NBA league that has become one of the greatest leagues in America and the most popular in terms of fun base globally.
The league has its greater percentage of member teams form north America and Canada not to mention the world class players involved in its tournaments. However, when the Hawks first came into the league their performance was not as good as it was anticipated but that did not stop the resilient team from exploiting other options. The management had adopted a strategy that seemed quite peculiar but to some extent it worked. After a low season and poor performance at the tri-cities, the teamed moved to Milwaukee in search of better chances in the league but this did not result to the anticipated outcomes.
After a bad season in Milwaukee, the teams moved to a different city, St. Louis and this time success came knocking. The team was crowned the NBA’s tournament champion in 1958 while based in St. Louis and in the entire season it remained at the top doing very well. This is why the team maintained the base for a whole decade and only left when performance began to dwindle again in 1968. The team moved to Atlanta changing its brand to Atlanta Hawks which has grown to be a major team in the league and a big name in the city.