Quote:
Originally Posted by stresslessmarine
Ironfish - I really appreciate the honesty. I realize that the optimal desination for this endeavour would be in Florida or done south however I love the Lakes Region. My thoughts now after business plans, opinions from forum members (thanks!), and friends in the industry is that I will specialize in a few things rather than trying to spread too far and focus on yacht management. I will scale as I grow but I am not looking for this to be a cash cow more like supplimental income!
jonfinn - I have had thoughts of doing that! I don't think it has been tried. The only problem with that model is that it takes a lot of capital infusion to get the boats, slips, location, marketing, etc. I think the business model is a good one but it goes by the old adage, it takes a bunch of money to make money!
Thank you guys for all of the thoughts!  |
I love your idea, and hate taking the conversation away from your plan but FYI we are launching a boat club this spring.