A lot can happen in 15 years. (G7 proposal)

[Old Guy]

2 hours ago, MikeRapp said:

A lot of the angst around DCI in the past stemmed from people running corps because ###### they just loved band. They hadn’t a clue how to run a successful million dollar org—let alone one as weird as drum corps. Those days are over, and I for one am glad. 
 

I still see people running corps with more love of the activity than financial knowledge. 
 

I also see a lot of revolving doors.  People stay at the helm for 3-4-5 years than move on, resulting in a lack of long term vision  

 

I sometime see new younger directors coming in, full of confidence, because of the corps they run… without the experience needed to run a multimillion dollar operation    . Some just Kids playing with big toys  

 

And I still see the artistic side more present on decision making than the financial side  

 

How a multimillion dollar business still doesn’t have related business and long term investments bringing in the money they need yearly after 50+ years of operation is beyond me  

 

Bingo was a good start  How come no one have a McDonald, a Walmart, a mall, some land, ect ?  
 

i heard someone saying DCI sold their building because they were not on the managing building business but instead in the music business. 
 

It look fine for some. To me, if you pay 2x the price because you rent instead of owning, you take the wrong path  

 

Bravo to Spartans, Columbians and Stentors for owning their own busses saving big bucks every year  (more work of course)  

 

 

 

[ECJ94]

1 hour ago, Old Guy said:

Bravo to Spartans, Columbians and Stentors for owning their own busses saving big bucks every year  (more work of course)  

 

 

 

Further kudos to Spartans. Their bus fleet is seen more as a short term investment than a longer term. They run the bus for a couple of seasons and then replace it before they incur the major expenses.

[MikeRapp]

11 hours ago, ECJ94 said:

Further kudos to Spartans. Their bus fleet is seen more as a short term investment than a longer term. They run the bus for a couple of seasons and then replace it before they incur the major expenses.

Spartans have a long term vision that goes well beyond making finals.

[Jeff Ream]

13 hours ago, Old Guy said:

I still see people running corps with more love of the activity than financial knowledge. 
 

I also see a lot of revolving doors.  People stay at the helm for 3-4-5 years than move on, resulting in a lack of long term vision  

 

I sometime see new younger directors coming in, full of confidence, because of the corps they run… without the experience needed to run a multimillion dollar operation    . Some just Kids playing with big toys  

 

And I still see the artistic side more present on decision making than the financial side  

 

How a multimillion dollar business still doesn’t have related business and long term investments bringing in the money they need yearly after 50+ years of operation is beyond me  

 

Bingo was a good start  How come no one have a McDonald, a Walmart, a mall, some land, ect ?  
 

i heard someone saying DCI sold their building because they were not on the managing building business but instead in the music business. 
 

It look fine for some. To me, if you pay 2x the price because you rent instead of owning, you take the wrong path  

 

Bravo to Spartans, Columbians and Stentors for owning their own busses saving big bucks every year  (more work of course)  

 

 

 

what revenue did DCI owning a building bring in? But it had costs. upkeep, power, water, etc. Sometimes owning isn't everything. I mean how many corps own a building now? Few. Why? see above.

 

one interesting trend now is 2 of the top 3 went minimal on props. i imagine that saved a lot in terms of costs to build and maintain as well as transport.

[NewToPosting]

20 hours ago, Crown1990 said:

If you go to GH's FB page and follow the link to his "critiques" of DCI shows, the prose is identical. Right down to the seemingly boundless supply of poorly used ellipses at the ends of sentences...

Indeed...

[OldCorpsGuy]

22 hours ago, Crown1990 said:

If you go to GH's FB page and follow the link to his "critiques" of DCI shows, the prose is identical. Right down to the seemingly boundless supply of poorly used ellipses at the ends of sentences...

My question would be who gives a Flying F*+^ what George has to say about anything, let alone Drum Corps. 

[Jeff Ream]

2 hours ago, OldCorpsGuy said:

My question would be who gives a Flying F*+^ what George has to say about anything, let alone Drum Corps. 

well from a screenshot sent to me, he cared enough to comment on Keith Potters farewell post. 

[OldCorpsGuy]

59 minutes ago, Jeff Ream said:

well from a screenshot sent to me, he cared enough to comment on Keith Potters farewell post. 

I would take note of anything George says about anything and then do the exact opposite. 

[Old Guy]

7 hours ago, Jeff Ream said:

what revenue did DCI owning a building bring in? But it had costs. upkeep, power, water, etc. Sometimes owning isn't everything. I mean how many corps own a building now? Few. Why? see above.

 

one interesting trend now is 2 of the top 3 went minimal on props. i imagine that saved a lot in terms of costs to build and maintain as well as transport.

To each to make their own calculation. I know a lot of persons who don’t want to get better salary because they don’t want to pay more taxes (they don’t say it that way but it is what they say with the misconception that their tax rate will go up if they work more this leaving them with less money in the end - they think!). 
 

The same apply to owning or not a building. Renting does cost more than owning. Less work but more money in the end. 
 

Now if you tell me that you are buying something you don’t need and don’t make bring money in, that is another story. 

[IllianaLancerContra]

21 minutes ago, Old Guy said:

To each to make their own calculation. I know a lot of persons who don’t want to get better salary because they don’t want to pay more taxes (they don’t say it that way but it is what they say with the misconception that their tax rate will go up if they work more this leaving them with less money in the end - they think!). 
 

The same apply to owning or not a building. Renting does cost more than owning. Less work but more money in the end. 
 

Now if you tell me that you are buying something you don’t need and don’t make bring money in, that is another story. 

It would seem to me that the ideal would be to own the building, but only use about a quarter of it, renting out the rest.  But this assumes that one has the financial ability to purchase such a building.