The problem with "learning the sports ownership business" is that it really isn't analog. There are these large jumps in real world experience when personnel change followed by long bouts of observation of the current structure.
There is no cookbook to all this despite fan pontificatation. If there was a right way everyone would just buy Sports Ownership for Dummies and follow the helpful tips. There's about 25 key personalities that all have to come together, along with a lot of luck (Carolina).
In all of this, it is also good to remind oneself that winning a championship in a parity league is hard. 30+ teams search the answer every year. If it were easy, then no one would care. We are all frustrated with the lack of results but never pretend that this is easy.