#3. Tony Khan shouldn't expand like Vince McMahon unless absolutely necessary
It took a pandemic, but for a while, it seemed as though Vince McMahon was interested in complete industry domination worldwide. By the mid-2000s, NXT was emerging as one of the hottest wrestling brands, moving out of the shell of being a developmental brand (which it once again conveniently is), and WWE's global dominance seemed inevitable.
By 2016 and 2017, there was talk of NXT having its own version in Japan, South America, and potentially even India. There was also talk of WWE Performance Centers around the globe.
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This remains one part of the list which is more of a negative on McMahon's side that Khan can learn from. WWE's aggressive intent to expand globally ultimately fell through because of the pandemic, but it may not have been good for the industry in the long run.
If anything, Tony Khan can look at Vince McMahon and WWE's approach and realize that while global expansion is absolutely necessary, it shouldn't be done in an aggressive and dominant manner to simply shut off other competition.