Don...sorry for posting so much on your thread...this is my hot button however as I see so much potential is sceanrios like this...and the naysayers drive me nuts because I see somethings they don't.
Oh how wonderful it is to be clinically delusional!!
Here is the issue with thinking inside the box of today's norms. All people can think of is the standard stuff...18 hole course...preferably near a metro area...clubhouse...things like that.
But let's really put some meat on these bones...
Sure if you are rich, you can do the 18 holes, nice clubhouse, golf club or country club. And I rich, I mean liquid for maybe $50 million with some other non-liquid assets as well. If done right with that amount of money, this idea could be a freakin' home run. Golf course, club, business...all of it...you could make it work soup to nuts.
But along the lines of this thread, a struggling artist/archie won't be that liquid...probably not even close. But what if he does have the talent, vision, and passion to really make something special. What can he do?
First and foremost, find the land. How long did CBM look for land (or Keiser for that matter)? How important is the right land? This step is vital and the struggling artist could travel around the world/country looking for the right land for years.
But then finding the ideal piece of land, he could begin to work his magic. One hole at a time until that hole is perfected...then move on. Actually Mackenzie recommended this process for clubs that don't have enough money to develop an entire 18 hole course. This little bit at a time approach could work and will save upfront costs to the artists/archie perhaps until he is "discovered".
But even if he isn't and this is his passion, what better way to live than piecing together an eventual masterpiece one hole at a time.
Anyway, that is just one idea...I got a million of them.
I'm sure people will say this idea is stupid...and maybe it is...but to me golf isn't the best of business models...so perhaps many of these ideas are not good ones. Like highly levered golf course/neighborhood developments...just like the one down the street.
Okay...no more from me on this thread for at leat 15 minutes!