Without Vince McMahon, there would be no WWE, and professional wrestling would not exist in its current form. Whether you like it or you don’t, there’s no denying that it is a true statement. By creating WrestleMania and establishing the Pay Per View market for professional wrestling, Vince turned WWE into a massively profitable organization, and made millions of dollars as a result. However, it seems like every time Vince McMahon tries to venture outside his niche of professional wrestling in order to diversify his portfolio, something always goes wrong. And not just wrong, but often horribly, catastrophically, disastrously wrong. Vince McMahon may be a man with supreme confidence, but as this list shows, he’s made more than his share of ridiculous mistakes along the way.
10. WWE Films
Nowadays, WWE Studios makes a modest profit for the company by making cheap straight-to-DVD releases and distributing already-completed small-budget films that they can purchase for peanuts and make a profit off of as long as literally anyone goes and sees them in theaters. But originally, WWE Films was a grand plan to create moderately-budgeted theatrical releases starring WWE Superstars, which was probably at least partially designed to show that anyone can be The Rock with the WWE machine behind them. Of course, that isn’t true, because The Rock is a once-in-a-lifetime talent, and WWE Films lost millions of dollars under that business model, because it turns out that people don’t go to the theaters to see lukewarm action movies starring professional wrestlers. Actually, some of the movies weren’t terrible, but WWE’s mistake was actually setting their budgets so high (although modest by blockbuster standards, they were still higher than your average schlocky horror movie) that they couldn’t possibly make a profit. After a few years of failing, WWE renamed the division to WWE Studios and adopted the current model, which means that they’ll never create the next big Hollywood star, but at least they’ll make enough money that they can stop frantically justifying its existence during quarterly shareholder meetings.