American professor of religious history Randall Balmer believed that the causes of the demise of Solid Rock were "Idealism, marital difficulties, and financial naivete — as well as changing musical tastes". Stonehill opined in 1994: "As artistically heady as the days at Solid Rock were ... and as good as the ideas were on paper, the business end was always very loose-knit. ... We were young guys with good ideas but not a whole lot of business sense". Norman acknowledged in a 1984 interview: "I've never been really good in the business side of it. I haven't had a problem with creativity but I've never had the business side of it together." In a 1998 letter to Randy Stonehill, Norman indicated: "I DIDN'T DO IT RIGHT: You know I never cared about money, so it's something I never worried about. "Which was probably not helpful to running a record company and keeping track of everything to the artists' satisfaction". ... I couldn't run the label without competent assistants. I trusted Philip to keep track of royalties, gave him an open checkbook, and never looked over his shoulder. I thought he was my other half. And Philip just wasn't that man. He made a lot of money ... and I'm sorry about your royalties, but I ran the musical side and Philip ran the business side".