Post # 1
Honestly, I would LOVE to own an event property! The thought just makes me swoon. I’m getting more and more jealous of the owners/proprieters of our wedding venue. It is an historic bed and breakfast by day (with living quarters on property, so it doubles as a home) and an amazing wedding venue on the weekends.
I want that SO.BAD. To own a wonderful event space that I could use in an awesome and responsible manner. Beautiful rooms, an awesome kitchen, lots of acres. I could focus on sustainability, give people the oportunity to put on amazing events, and be involved in some of people’s happiest moments.
How would I even go about moving towards this dream goal? DX A hospitality degree? Business/entrepreneurship degree? Skip the degrees and just write a business plan and try to find funding and a potential property? I know I could handle the marketing aspect of it. I just don’t know how I would even give myself a chance at recognizing this sort of a dream… Bee’s? Suggestions?
Do any of you Bee’s own/run your own businesses or income properties? I would LOVE to hear about it!
Post # 3
I don’t think you have to go to school to own the property and use it how you want it. I have no additonal advice. Just wanted to bump this for you so you can get some replies 🙂
Post # 4
I think your best bet is to contact a realtor that sells business or larger homes. Talk about price points. If you are converting a home or a restaurant, you will then have to speak to a contractor that has experience in hotel or restaurant remodeling. Once you get those prices, you could make a better judgement from where to go.
Post # 5
I would talk to someone else in the business who has done this, see how they got started. This is a good time to be buying real estate in some areas! Good luck!
Post # 6
@Asia: i would try to work for a similar place to see the nitty gritty rather than just the dream side they present to the client/guest. Then you’ll have experience to learn from and base ideas for your own place on, while building income and credibility towards the goal.
Post # 7
That sounds like a wonderful job, a huge amount of work but a wonderful job! I always wanted to be a party planner. When I was in highschool my friends and I planned to own a party company. My Maid/Matron of Honor is a cook so she could cater, I love to party plan and i’m pretty awesome at cakes then our other friend would do the business side of things, money and the like. Alas it hasn’t worked out but we still dream about it. I think if you want it, go for it. No sense in living with the what if!
Post # 8
@megz06: Thank you so much for the bump! To be honest, I just thought this was a dead thread! Thank you!
@ohmybears48: Thanks very much for the suggestions!
@hippomama: Thank you! I was thinking of trying to set up a few informational interviews!
@chillinchillin: This is actually a really good, common sense idea (that I hadn’t really thought about) I considered contacting a few wedding planner places, but I haven’t thought of finding places in my area that might have jobs I could do to get some insight. Thank you!
@Trixxie_90: First off- your profile image makes me nostaligc 😀 Secondly, thank you so much for the “just go for it” encouragement. I think part of why I’m hesitating is that it is such a dreamy goal. I feel like everyone’s encouragement is just helping to push me forward. 🙂
I wonder if there is anyone on the Bee who has done something similar? Or rather, I’m sure there are a ton of entrepreneur Bees. I wonder how starting up went for them.
Post # 9
= ) Ah Nostalgia!!
You’ll have to keep us posted if you decide to do it or at least if you do the leg work and decide maybe it wasn’t a great idea.
Post # 10
@Trixxie_90: I definitely will. I found a B&B in my area which I might contact to ask for an informational interview. Their website says they do small weddings. I hadn’t heard of them before today, but if they’d be willing to indulge me, I’d love to pick their brains. 🙂
Post # 12
Buyer beware – the industry looks a glistening, magical place but its filled with – *gasp* Brides! lol
I work in the industry – not event or party planning but I design fully custom wedding invites. Let me just let you in on a secret: You will be dealing with a female client base that is overly picky, detailed oriented (usually about the wrong things), VERY strong minded – because ‘It’s my day’, and above all they will be stressed more-so then they usually undergo up to this period in their life (and do not always know how to handle it well).
They can’t make decisions to save their lives. They are chaotic and unpredictable. They will try to renig on contracts when they ‘change their mind’ and want to go with another company – or DIY (stay strong). They will try to nickel and dime you if you let them (Because hey – they have to pay for a whole wedding). And so so so much more. The worst parts of a female can come out during this strenuous period in their life.
That being said. I love it. I love dealing with frantic bridezillas – calming them and showing them I will take care of them in every last way. My favorite thing is when a design comes from the printer and is EXACTLY what I know they are looking for. I love to see their faces when I present a beautiful suite to them and they even tear up because “It’s SO perfect!”. Knowing that I took care of them better then any designer in the business is what drives me every day. And sometimes I get a bride who’s willing to trust in me and let me take care of the whole suite from beginning to finish and its SO nice to know that she could just hand it off to me and not have to worry about it again – she was able to just plan the other parts of her wedding that DID need her attention.
It IS magical and it is fun – but there is stress too. Just be aware of both sides 🙂