Good news - bad news

Well, the good news is that a former student of mine just called me to tell me he would be the chef at a new upscale restaurant on Fort Gibson Lake. He even invited me and Rodney for a free meal on opening day. Very sweet guy. But here is the bad news. Having considered this since 1999, I finally decide, after much research, that there is simply not enough lodging on this lake for the amount of people who come. Too many end up in hotels in the surrounding towns and driving with their boats back and forth every day.So....I spend a few thousand dollars fixing up a 1600 sq ft house with lake view and I am ready to open and have my first customers coming on April 13. This student informs me that this restaurant is 10,000 sq ft and there will be dozens of upscale cabins and rentals with several swimming pools, hot tubs, fitness center, etc... How can I compete with that? I can offer seclusion and an entire home for their use, but not any of the other amenities that they will have. I do believe in healthy competition, but I don't think I can compete with a 400 acre resort complex that close to me. What's an entrepreneur to do?
Posted by Gayla of Gayla's Garden at 8:26 PM 1 comments