Quote:
Originally Posted by LikeLakes
That is a very true statement, I couldn't agree more.
But, whether they survive long term, or earn fast and blow it in the long run, I'm still saying the people at the sandbar are on average a far wealthier group than an average group of citizens. I don't think bars and restaurants on the lake and The Dive will go out of business because there aren't enough people to buy $9 drinks and $34 steaks, if they do it's because they have a bad business model, or in the case of the past year something out of their control pushes them out.
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A bad business model is when your customer base is where you are not. Do you think the Dive's customers are going to upgrade $18 drinks and $34 steaks, or downgrade to $2 beers and steaks/burgers off the grill of the nearby pontoon boat?
But the people that are currently earning the same as the sandbar group, but drinking the $2 beer and getting a burger off the barbie... they will not only keep going... they will have all the money they saved up to keep going.