#4 Eric Bischoff wasn't sure that WCW would succeed
When the first episode of WCW Monday Nitro took place, WWF was single-handedly ruling the TV ratings since they had the major showrunners of the pro-wrestling at that time, due to which Eric Bischoff was sceptical of WCW becoming successful, let alone defeating WWF in the ratings and starting a war with them on weekly basis.
But guess what? The opposite happened.
A WWE Hall of Famer isn't a John Cena fan. More details HERE
With the introduction of WCW which was offering a better product than WWF did, started the unforgettable Monday Night War, which eventually boosted the ratings of both brands.
Although, after running close to six-years WWE eventually bought their rival company WCW, but WCW was defeating WWF in the ratings weekly.