Let's assume I'm honest and the money is in escrow. Half payable upon delivery of the routing and 5% paid each year for you to lend your expertise for a few days. I obviously make the final call, but picked you (or any of our other great architects) because I believe you're best suited to this job. Your opinion will obviously carry tremendous influence or else I'd have gone the Zac Blair route.
Is this course not on an exponentially better trajectory than the one whose goal is to open day 1 as a finished product that sets sail without a qualified steward?
Jim:
All I can see is that the course is going to cost you more money that way.
I've been the qualified steward since opening for most of the courses I've built. Clients seldom pay me any more than my expenses after their course opens, but they do have to pay my associates for construction work we do, assuming it's a change and not fixing a construction error on our part. If you're offering to pay me for that work, that's great.
Example: I took four days last week [incl. two travel days] to re-visit Rock Creek and look at the possibility of moving the 18th green, which they now have environmental approval to do. I also consulted on the placement of additional forward tees [the key movers and shakers are getting older
] and ten years worth of tree removal. It looks like we will go back next spring and build the new green.
Question for you: If I spent four days going to each of my courses every year, how many courses could I build before I didn't have any time left for new work? That is the limiting factor for this sort of thing, and for my consulting business as well. There is a lot of hand-holding involved sometimes and I don't find that part an efficient use of my time.
I should spend most of my time on the project while the course is in the dirt, because that is the most efficient way to do things. And if I've done the job right, my time going back should pale in comparison to the time I spent out there during construction. My only real objection to your proposal is that I see the 5% over ten years as a delayed payment for the work I've already done. If you're paying me appropriately for that time, and you just want to pay me a bit more to come back and do check-ups, I have no objection to that, but there are limits on how much time I have available if I want to keep building new stuff.