What do you know about the Managers ?

When it dose come the description of Manager then almost always is said that Manager is like a one more member of the Band.
And there are also various forms of management in what the band leader is acting as the Band Manager.
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However when some band dose have the manager then he or she dose have to have a deeper knowledge of the music industry and good network with in.
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One big shot manager from L.A. said once on one seminar what I was attending that before he will sign any band or artist then he will be looking at how solid that band or artist is ?
He said look if I will go to the bank and ask the bank manager for half million dollars to be able to send somebody on the tour and I will ask.
Do I will have to pay that half million back to you plus the interest ? Off course that Bank Manager will say. Yes you will.
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And for this very reason you do have to be certain in who you are doing what.
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You can not afford at the beginning of the tour to get the drummer to quit the band because he will get in to the argument with the band leader.