To be fair, in Div IV you can do a little of both. You have enough talent and record to make the playoffs which can keep the fan base relatively happy and put people in the seats. Your salaries should be low enough not to eat up your budget. You can train players, put excess money into the arena, and still win some games.
The good thing with DIV is you can have some success just by paying attention to tactics, gameshape, and enthusiasm without an expensive roster.