How would I go about building a golf resort?

Question

Okay its always been my dream to build my own golf resort. I've got 500,000. How do I build my resort starting with that. I know that the golf course will cost 2 mil +, but I don't have that kind of money. And please don't tell me I need to win the lottery. That would be nice though.

Answer 1

Dear friend.

As you and I know that those $500k is not enough. But don't make that into a problem. There are several creative ways and solutions to pursue this goal. The goal and the mission will be hard but not impossible.

First of all, do you have an ideal location in where you want to develop this in? What State or Country? Mexico? USA? California? If you don't have a location already, then I suggest that you should start thinking for a location. Location is key!

Second, upon deciding for a location. I would recommend in doing an in depth report of the business model. Such as in how this would be finance. Marketing strategies? Business plan? Finance plan? ETC!

About financing this project. You should consider in bringing outside investors or partners that could help in developing this. I bet that there is so many investors that won't mind in investing on this project if the proposal is perfect.  The bottom line is that you need to assemble a team that is knowledgable in this type of field. The team could be two or up to 6.

Upon having a motivated team that will share the same vision as you, all the team members would need to do thier homework. That mean's reading tedious books, seeking out consultants, and looking for the right people to get on board that could have connections.

I am college student that's studying business. If you like, I could be your sidekick on this... Let me know at [e-mail]...  There are so many things to consider that this is not the proper forum...