The problem is - the people you
want will
need the job for monetary gain.
I'm going to make a few assumptions about your ideal individual, so bear with me. Let's assume he/she is:
(a) incredibly passionate about Rugby and has been involved / surrounded by the game for most of their life.
(b) a great operator -- commercial, intelligent, well-spoken, personable, resourceful, well-connected, passionate, driven.
(c) not in the job for the money.
Let's unpack these assumptions.
Let's assume that (b) is of age to take the CEO position, e.g. 40-60 years old. What kind of life would that person have lived?
They would've had a very successful career, and have had previously had experience running a company / in several executive positions. They would likely have been earning in the ball-park of
at least $300k/pa for
at least a decade.
What does that come with? Lifestyle creep is a real thing. They'll likely have a lovely, big, expensive-as-fuck house in one of Sydney's more prestigious suburbs. This carries a heavy mortgage and a pretty substantial monthly repayment. They might have a holiday house, or they could be supporting their parents. More payments.
They have 1-4 children, potentially in private schools. That's another huge annual cost (private school or not). They'll have 2 nice cars (let's imagine a BMW), and these might not be paid off. Two more monthly payments. You don't want your CEO getting around in a Toyota Yaris do you?
They work incredibly hard, and as a result they build up a lot of latent stress. They don't see their kids much but when they do, they want it to be an incredible experience for the whole family. Something their kids will look back on fondly in 40 years time. They probably holiday once or twice a year, and don't want to penny-pinch on this holiday. They're wealthy, so maybe they want to do something wanky and bougie like ski in Aspen. That's a huge annual expense.
But you only want to pay them $150k/pa. You don't want them in it for the money, as per (c).
Can imaginary CEO take that paycut? Can they keep up with all of the above if they're on the same wage earned by 22 year old investment bankers and 24 year old crane drivers? The foundations of the life they've built would collapse if they took that much of a salary cut.
So you have to choose between (c) and (b). Which one are you gonna pick? Hell, my friend who earns $150k/pa driving cranes couldn't take a pay-cut down to my salary level. He's got a mortgage and I don't.
If I ever got a raise to $150k/pa, I'd probably have a mortgage too. I could afford one.
What I'm trying to say is -- the people who don't chase the job for monetary gain are either:
- The uber wealthy (Cameron Clyne, Twiggy Forrest) who have earned money in non-Rugby careers (Rugby doesn't pay that well), and therefore aren't qualified.
- Not in the pool of individuals that satisfy assumption (b), who also aren't qualified.
