Transcript
WEBVTT
00:00:00.681 --> 00:00:07.153
The market of auctioning off golf experience for charity is the definition of fragmented right.
00:00:07.153 --> 00:00:18.617
You have nonprofits everywhere doing it, at galas and oyster roasts and local golf tournaments, and there might be a couple rounds of golf mixed in with jewelry and timeshares.
00:00:18.617 --> 00:00:19.399
It's just fragmented.
00:00:19.399 --> 00:00:44.911
And so what I did is I essentially took the I'm trying and sort of have, to some degree, take some of that fragmentation and put it together in one consolidated platform right which ultimately will allow a better user experience, because then people who come to our community know that they can go right to this community and have access to an incredible array of golf experiences for amazing charities and we can maximize the nonprofits so they can raise as much money as possible.
00:00:45.219 --> 00:00:46.545
But again, nobody's really done this before.
00:00:46.545 --> 00:00:54.164
So to me that's the exciting part about entrepreneurship is you have no idea, you're just like this sounds fun, I think there's something here, let's go and see if it works.
00:00:54.164 --> 00:00:58.741
But no, 7.1, I pinch myself all the time Like that's I never.
00:00:58.741 --> 00:01:07.995
I mean that's I could really like stop this now and just be like I'm good, like I could tell my grandkids that you know, I, I, I raised a lot of money for charity and and uh, yeah, it's been great hey everyone.
00:01:12.700 --> 00:01:16.472
Welcome back to the private club radio show, the industry source for news, trends, updates and conversations all in the world of private golf and country clubs.
00:01:16.472 --> 00:01:18.900
You're new to the industry Welcome.
00:01:18.900 --> 00:01:22.808
You're a seasoned veteran professional, welcome back.
00:01:22.808 --> 00:01:24.492
I'm your host, denny Corby.
00:01:24.492 --> 00:01:41.134
In this episode I'm chatting with Eric Sedrans and he is the founder owner over at Members for a Day Member for a Day which is all about creating once-in-a-lifetime golf experiences for charity.
00:01:41.134 --> 00:01:49.004
They've raised over $7 million to date and really cool dude, really cool organization, so thought I would bring them onto the show.
00:01:49.004 --> 00:01:54.944
And before we bring them on, I just want to have a quick word from one of our show partners.
00:01:55.706 --> 00:01:59.721
It's 2024 and it's time to change the way you vet your new members.
00:01:59.721 --> 00:02:02.504
Some traditions are worth modifying.
00:02:02.504 --> 00:02:13.116
The new member process hasn't changed really in the past 150 years, relying almost solely on social relationships and casual interactions, but lacking in factual data.
00:02:13.116 --> 00:02:23.977
And this is where Kennis comes in, because the traditional application process tells you very little about someone's behaviors and character until now and character until now.
00:02:23.977 --> 00:02:31.180
Kennis has created an innovative and confidential comprehensive applicant information gathering process that provides an unraveled depth of information.
00:02:31.180 --> 00:02:39.069
The world of member vetting has evolved to a new standard and Kennis is your turnkey solution to meet this new industry best practice.
00:02:39.069 --> 00:02:48.186
You can rely on Kennis to provide the facts that you need to make fully educated member decisions, because what you don't know can hurt your club and your members.
00:02:49.108 --> 00:02:54.848
To learn a little bit more or to set up a call, head on over to membervettingcom fill out the form.
00:02:54.848 --> 00:02:56.651
You're going to have a chat with Paul Dank.
00:02:56.651 --> 00:02:57.842
It's going to be good.
00:02:57.842 --> 00:02:58.925
He's a great guy.
00:02:58.925 --> 00:03:03.084
Also, be sure to check out our episodes of member vetting here on Private Club Radio.
00:03:03.084 --> 00:03:14.425
And with that let's welcome to Private Club Radio Eric Sedrans.
00:03:14.425 --> 00:03:18.197
This has been fun learning about Member for a Day for people who might not know what is Member for a Day.
00:03:19.841 --> 00:03:23.771
Yeah, so at Member for a Day, we auction off once-in-a-lifetime golf experiences for charity.
00:03:23.771 --> 00:03:26.218
Define once-in-a-lifetime golf experiences for charity Define once-in-a-lifetime.
00:03:26.218 --> 00:03:30.450
We've done 91 of the top 100 courses in the country.
00:03:30.450 --> 00:03:39.072
We've done rounds of golf with the likes of Ken Griffey Jr, bill Murray, canelo Rob Riggle, a member of the Backstreet Boys.
00:03:40.174 --> 00:03:40.593
Stop it.
00:03:41.194 --> 00:03:47.352
Yeah, brian Luttrell himself donated a round of golf, so we're a classic two-sided marketplace.
00:03:47.352 --> 00:03:48.133
Stop it.
00:03:48.133 --> 00:03:50.659
Yeah, brian Luttrell himself donated a round of golf, so we're a classic two-sided marketplace.
00:03:50.659 --> 00:03:53.643
So, on one side, we have nonprofits who are looking to fundraise.
00:03:53.643 --> 00:04:05.497
On the other side, we have an incredible group of wealthy golfers around the country which has grown to about 40,000 at this point who are looking for really unique experiences, all the while supporting charities really unique experiences, all the while supporting charities.
00:04:05.516 --> 00:04:12.306
And so we are essentially the marketplace, the great connector, where we connect the two and ultimately raise as much money for charity as possible.
00:04:12.306 --> 00:04:14.914
It's 2024 and it's time to change the way you vet your new members.
00:04:14.914 --> 00:04:17.663
Some traditions are worth modifying.
00:04:17.663 --> 00:04:28.286
The new member process hasn't changed really in the past 150 years, relying almost solely on social relationships and casual interactions, but lacking in factual data.
00:04:28.286 --> 00:04:35.860
And this is where Kennis comes in, because the traditional application process tells you very little about someone's behaviors and character.
00:04:35.860 --> 00:04:46.403
Until now, Kennis has created an innovative and confidential comprehensive applicant information gathering process that provides an unraveled depth of information.
00:04:46.403 --> 00:04:54.267
The world of member vetting has evolved to a new standard and Kennis is your turnkey solution to meet this new industry best practice.
00:04:54.267 --> 00:05:03.362
You can rely on Kennis to provide the facts that you need to make fully educated member decisions, because what you don't know can hurt your club and your members.
00:05:03.362 --> 00:05:09.994
To learn a little bit more, or to set up a call head on over to membervettingcom, Fill out the form.
00:05:09.994 --> 00:05:11.865
You're going to have a chat with Paul Dank.
00:05:11.865 --> 00:05:14.071
It's going to be good, he's a great guy.
00:05:14.071 --> 00:05:18.319
Also, be sure to check out our episodes of Member Vetting here on Private Club Radio.
00:05:18.581 --> 00:05:20.928
How long have you been involved in the golf world?
00:05:20.928 --> 00:05:22.947
Where did this all stem from?
00:05:22.947 --> 00:05:26.661
Because I know when.
00:05:26.661 --> 00:05:28.124
When this first came across, I was like what in the world?
00:05:28.124 --> 00:05:28.564
It's like what?
00:05:28.564 --> 00:05:32.132
What got you to pull the trigger on this?
00:05:34.940 --> 00:05:36.464
I was the guy who.
00:05:36.464 --> 00:05:48.144
So I graduated from business school in 2014 and I cold called every single golf agent in the world and said you should hire me for free because I'll work really hard, I'll prove myself.
00:05:48.144 --> 00:05:50.786
Basically didn't get a call back from a single one.
00:05:50.786 --> 00:05:53.288
So I said, okay, that's fine.
00:05:53.288 --> 00:06:03.206
But so I always wanted to work in golf and so, slow and steady, I ended up going to work in tech in New York, but sort of always in the background.
00:06:03.206 --> 00:06:04.750
I was trying to do as much as I could in golf.
00:06:04.750 --> 00:06:14.709
So I started doing some freelance writing, I started doing some photography, drone videos, honestly, anything I could do to just be around the game.
00:06:14.709 --> 00:06:24.110
And then, you know, there was this sort of spark that I got laid off from COVID in the beginning of 2020.
00:06:24.110 --> 00:06:38.370
And I felt this burning desire to help others, most importantly the frontline workers that were essentially saving us from a global pandemic, and wanted to launch a charity golf auction to feed them.
00:06:38.370 --> 00:06:42.124
And that's sort of the genesis of how it all came to be.
00:06:43.026 --> 00:06:43.968
Did you expect it to get?
00:06:43.968 --> 00:06:54.769
Because what you've raised, what over like $7 million in four years or something silly, so did you expect it to get?
00:06:54.769 --> 00:06:57.846
Like so how much did you do like the first year, like, did you expect any?
00:06:57.846 --> 00:06:59.906
Like, did you expect this growth?
00:06:59.906 --> 00:07:03.786
And I mean, obviously in your head you probably did, but did you expect it this quick?
00:07:06.120 --> 00:07:07.583
No, no, I mean obviously in your head you probably did, but you did.
00:07:07.583 --> 00:07:08.028
You expect it this quick.
00:07:08.028 --> 00:07:09.987
No, no, I mean cause nobody's ever really done this before.
00:07:09.987 --> 00:07:18.165
Right, I mean, when you think about what I'm doing, is the market of auctioning off golf experience for charity.
00:07:18.165 --> 00:07:20.040
Is the definition of fragmented right.
00:07:20.040 --> 00:07:31.557
You have nonprofits everywhere doing it, at galas and oyster roasts and local golf tournaments, and there might be a couple rounds of golf mixed in with jewelry and timeshares.
00:07:31.557 --> 00:07:32.319
It's just fragmented.
00:07:32.319 --> 00:07:57.850
And so what I did is I essentially took the I'm trying and sort of have, to some degree, take some of that fragmentation and put it together in one consolidated platform Right, other in one consolidated platform right, which ultimately will allow a better user experience, because then people who come to our community know that they can go right to this community and have access to an incredible array of golf experiences for amazing charities and we can maximize the nonprofits so they can raise as much money as possible.
00:07:58.151 --> 00:07:59.507
But again, nobody's really done this before.
00:07:59.507 --> 00:08:03.283
So to me that's the exciting part about entrepreneurship is you have no idea, You're just like.
00:08:03.283 --> 00:08:05.588
This sounds fun, I think there's something here.
00:08:05.588 --> 00:08:07.110
Let's go and see if it works.
00:08:07.110 --> 00:08:11.687
But no, I 7.1, I pinch myself all the time Like that's I never.
00:08:11.687 --> 00:08:12.288
I mean that's.
00:08:12.288 --> 00:08:19.884
I can really like stop this now and just be like I'm good, Like I could tell my grandkids that you know, I, I raised a lot of money for charity and and, yeah, it's been great.
00:08:21.064 --> 00:08:26.127
You know I love the motto so good, Play golf, change the world.
00:08:26.127 --> 00:08:29.949
That's so clean.
00:08:29.949 --> 00:08:37.975
What have been some of the meaningful changes that you've been able to make?
00:08:37.975 --> 00:08:42.778
So what have you been able to accomplish with all of this?
00:08:43.278 --> 00:08:49.187
Yeah, I mean, I think obviously we work with hundreds of nonprofits, so it's hard to pull out individual stories.
00:08:49.187 --> 00:08:52.768
Certainly, one that always comes to mind is the First Tee of Savannah.
00:08:52.768 --> 00:08:54.736
They're one of the first groups we ever worked with.
00:08:54.736 --> 00:09:15.620
Actually, before we worked with them, they didn't even exist they were previously a First Tee chapter and then they shut down for a few years and then, right around the time that I was kind of starting this endeavor, we connected with them, um, with the goal of trying to bring them back, and at the time when we met, they essentially had no money in the coffers, no students, nothing, um.
00:09:15.881 --> 00:09:28.030
We've now, in three auctions with them over the course of three years, have raised well over half a million dollars, and I forget the latest numbers, but it's crazy.
00:09:28.030 --> 00:09:52.509
I think it's like it's hundreds of golfers, if not thousands, that are learning the game in Savannah and you know they were able to hire an executive director and it's just like, it's so cool to see, like, literally, their journey of essentially restarting a first T chapter from, you know, zero to flourishing Um, and I think they would.
00:09:52.509 --> 00:09:57.350
They would be the first to tell you that the partnership with us has really been instrumental in that it's basically funded.
00:09:57.350 --> 00:09:59.565
You know 90% of their endeavors.
00:10:01.168 --> 00:10:06.732
What's it like working in trying to get some of these celebrities and personalities Uh, who, who was?
00:10:06.732 --> 00:10:07.957
Who was like your first one?
00:10:07.957 --> 00:10:10.043
Do you remember who was like the first personality like you?
00:10:10.043 --> 00:10:10.503
You got.
00:10:12.866 --> 00:10:16.332
It might have been Ken Griffey Jr, actually, yeah.
00:10:16.352 --> 00:10:16.754
Oh snap.
00:10:17.394 --> 00:10:31.735
Yeah, I think what I've learned about celebrities, pro athletes is the easiest way to get their attention is to do something that benefits the charities that they care about.
00:10:31.735 --> 00:10:35.086
And so it's it's a very different ask, right I'm?
00:10:35.086 --> 00:10:58.211
I think I don't think I know that celebrities and pro athletes get asked to do a million things under the sun, but how often do they say you know, we can do something to benefit the charity that you care about and, um, through that, I've just found that it's, it's the fastest way to get a celebrity or pro athlete to say yes and and commit their time.
00:10:58.211 --> 00:11:03.596
So, thankfully, we have it's been, it's been peaches for us, honestly, since we started.
00:11:05.600 --> 00:11:06.222
Have you ever?
00:11:06.222 --> 00:11:07.749
Have you ever read the book the third door?
00:11:07.749 --> 00:11:09.743
No, never even heard of it.
00:11:09.743 --> 00:11:10.884
By alex benignan.
00:11:10.884 --> 00:11:12.248
It's a good one.
00:11:13.028 --> 00:11:15.842
Uh, just, it was just a phrase that you said about.
00:11:15.842 --> 00:11:20.205
You know, when you uh want to work with somebody, you know do, do their like, get involved with their charities and stuff.
00:11:20.205 --> 00:11:24.601
Um, just, uh, it's just like an interesting book on like an approach of, like a way to life.
00:11:24.601 --> 00:11:27.769
There's, there's three ways to go to get into to every place.
00:11:27.769 --> 00:11:30.885
There's like the front door that everyone always walks into.
00:11:30.885 --> 00:11:33.591
There's like the back door you can go in, but you know you have to go through.
00:11:33.591 --> 00:11:46.881
But then there's also like the side window that you have to get through there and then walk through a closet and then sneak through the kitchen, but like you eventually like get in, uh, so it's like using things like like that you know you don't go through, like their agent, you don't do this.
00:11:46.881 --> 00:11:48.384
It's like, hey, you, you know you go through.
00:11:48.384 --> 00:11:52.489
Like the back, you know you find that little spot where you know you can sneak in through.
00:11:52.489 --> 00:11:54.490
You know a charity of some sort.
00:11:54.490 --> 00:11:58.355
Or like you know you find what they're passionate about and work to that.
00:11:59.100 --> 00:12:00.341
Well, that's the other thing, Denny is.
00:12:00.341 --> 00:12:06.913
The beautiful thing about, at least when we're talking about pro athletes, is pretty much all of the former pro athletes play golf.
00:12:06.913 --> 00:12:13.889
Like you don't see former pro baseball players playing baseball, you don't see a lot of former pro football players playing football.
00:12:13.889 --> 00:12:16.768
I mean maybe flag football, but honestly they don't even really do that.
00:12:16.768 --> 00:12:17.630
They play golf.
00:12:17.630 --> 00:12:27.783
And so there's this weird thing where golf is this great connector and it's been wonderful because it's instead of us having to really branch out and start offering up different experiences.
00:12:27.783 --> 00:12:30.392
Maybe it's like throw a football with Joe Montana.
00:12:30.392 --> 00:12:32.587
We could just do play golf with Joe Montana.
00:12:32.587 --> 00:12:33.609
So it's like throw a football with Joe Montana.
00:12:33.609 --> 00:12:34.490
We could just do play golf with Joe Montana.
00:12:34.490 --> 00:12:35.491
So it's still golf, but it's also football.
00:12:35.491 --> 00:12:39.296
And so that's allowed us to kind of branch out, yet still be hyper-focused on golf.
00:12:40.039 --> 00:12:43.610
It's got to be pretty hard putting all of these together.
00:12:43.610 --> 00:12:53.510
What are, like I don't want to say challenges, but like you know it's it's what are some common hurdles that you're running against trying to put these together?
00:12:55.380 --> 00:13:01.413
Well, the beautiful thing about our platform is the nonprofits are the ones getting the golf experiences.
00:13:01.413 --> 00:13:05.309
So they reach out to their donors, their networks, their connection.
00:13:05.309 --> 00:13:06.493
They get the golf experiences.
00:13:06.493 --> 00:13:15.693
The challenging part, which nobody really ever sees or talks about, is the scheduling of these because you're talking about, especially if there's a celebrity pro athlete in part of it.
00:13:15.693 --> 00:13:34.639
You know their, their time is, they're busy, they don't have a lot of time, and then you know we're connecting three other individuals and trying to find a date where, most likely, a bunch of them are going to fly in, and so, um, it's something that we, I think anytime you are working on multi-party scheduling, it's complicated.
00:13:34.639 --> 00:13:40.386
Like, think about anytime you've planned something with your friends where you're trying to find a date to go skiing or whatnot.
00:13:40.386 --> 00:13:52.004
It's hard to find dates that work for everybody, and so we are uh, we, we try our best every day and we're getting better and better every day of just trying to make scheduling as as easy as possible.
00:13:52.004 --> 00:13:55.268
But it's just, it's inherently challenging and it always will be.
00:13:56.909 --> 00:14:04.405
So what does a when, like I, win the auction, what does a day look like?
00:14:04.405 --> 00:14:04.927
You know?
00:14:04.927 --> 00:14:06.490
Can you walk us through what like?
00:14:06.490 --> 00:14:09.784
What it looks like for someone who wins an auctioned golf experience?
00:14:10.687 --> 00:14:11.688
Yeah, I mean the standard.
00:14:11.688 --> 00:14:14.581
The standard package that we have is a threesome of the member.
00:14:14.581 --> 00:14:20.025
So you know, let's, let's say it's a Baltimore country club, it's probably going to be.
00:14:20.025 --> 00:14:21.514
Um, we'll, we'll.
00:14:21.514 --> 00:14:23.282
We'll figure out the scheduling, we'll figure out the date.
00:14:23.282 --> 00:14:26.316
Um, it might include travel, might include accommodations.
00:14:26.316 --> 00:14:32.866
Our standard is usually just the golf Um, so obviously, from that perspective, you would have to figure out your travel and and accommodations.
00:14:33.548 --> 00:14:37.072
Um, but essentially, yeah, you would, we would introduce you, so you know who your host is.
00:14:37.072 --> 00:14:48.958
Show up and honestly, you just have a great time and, um, you know, and and just have four and a half hours of around, as if you were just truly a member for a day or just better, just a guest.
00:14:48.958 --> 00:14:52.885
Right, you're a guest of of that host, um, so it's you know.
00:14:52.885 --> 00:14:57.994
And obviously you know we just hope that all of our hosts are amazing representations of the brand.
00:14:57.994 --> 00:15:10.885
Obviously, they're amazing representations of the nonprofit and, yeah, you just have an awesome time at four and a half hours and who knows, you know, I think the beautiful thing about our platform is we make these connections and then we don't really see that next level.
00:15:11.527 --> 00:15:23.321
We hear about them every now and then and sometimes what happens is the person who won is a member at a different course, and so they'll say to the host thank you so much for having me at BCC, let me host you at my club.
00:15:23.321 --> 00:15:35.664
And then those relationships start to build, and so we've seen that it's those like secondary relationships that form because of it, but they happen off platform, so we don't really know it, but we know that they are happening.
00:15:35.664 --> 00:15:36.788
Is there an?
00:15:37.301 --> 00:15:39.961
I know it's probably you know so so wide.
00:15:39.961 --> 00:15:52.363
Now I was looking on the site so as I'm even saying it, but is there an average amount that your typical nonprofit will walk away with, or like so, like, how does like some of that work so now?
00:15:52.363 --> 00:15:58.052
So now my head is going into like numbers like now how does that work on that aspect?
00:16:03.639 --> 00:16:03.880
For sure.
00:16:03.880 --> 00:16:08.616
So over the course of three and a half years we've auctioned off thousands of golf experiences and the range is wide, and I mean really wide, like on the low end.
00:16:08.616 --> 00:16:11.846
We're just talking about individual rounds of golf for three people.
00:16:11.846 --> 00:16:14.322
On the low end maybe five, $600.
00:16:14.322 --> 00:16:19.234
On the high end We've sold individual threesomes for $26,000.
00:16:19.234 --> 00:16:21.482
So the range is huge.
00:16:21.482 --> 00:16:31.491
Yeah, the average of what the threesome is is kind of in that three, 30, $3,500 range is what the typical is, so a little over a thousand dollars a person.
00:16:31.491 --> 00:16:38.027
But then keep in mind, when we do the, when we do auctions with a nonprofit, they're multi, they have multiple golf courses.
00:16:38.027 --> 00:16:43.888
So usually our average golf, usually our average auction, has between 15 to 20 golf experiences.
00:16:43.888 --> 00:16:46.941
Add up, the average goes for about 3000.
00:16:46.941 --> 00:16:51.650
So the typical auction that we do grosses around $50,000 per charity.
00:16:51.650 --> 00:16:53.053
That's kind of our average at this point.
00:16:53.820 --> 00:17:00.563
The bottom line is the more exclusive the golf experience, the better, right, I mean so you're, I think, to some degree.
00:17:00.563 --> 00:17:03.871
Well, our platform basically has become a marketplace.
00:17:03.871 --> 00:17:16.362
It's essentially a public stock market for exclusive golf experiences, for charity, right, and so the market kind of determines the value, which is wild because sometimes, you know, I think one's going to go for a ton and it doesn't.
00:17:16.362 --> 00:17:21.505
I think another one is not going to go for a ton and it goes for a crazy amount, and just the market determines it, which is a beautiful thing to watch.
00:17:21.505 --> 00:17:23.970
Um, so it really it.
00:17:23.970 --> 00:17:26.382
It it is sort of the.
00:17:26.382 --> 00:17:37.643
It's the one caveat of working with us that the nonprofits have to, through their donor networks, through their connections, be able to get great golf experiences, and the higher up they're getting, the more money we can raise right.
00:17:37.643 --> 00:17:45.647
So your average private golf course might be a great golf course, but nationally, or maybe even outside of regionally, it's not really known.
00:17:45.647 --> 00:17:46.230
Yeah.
00:17:46.250 --> 00:17:49.846
It might raise $800,000 for a threesome.
00:17:49.846 --> 00:17:56.526
But you know, then you start to get into like a Baltimore country club, probably going to raise three to $5,000.
00:17:56.526 --> 00:18:01.806
Then you might get into something like a Marion, which raises 10 to $15,000.
00:18:01.806 --> 00:18:05.232
Then you get into Shinnecock, which might raise 15 to $20,000.
00:18:05.232 --> 00:18:13.840
Then you might get in a Grove 23, Michael Jordan's club, which is like the hottest club right now in the world 2525,000 to $30,000 all day long for a threesome minimum.
00:18:13.840 --> 00:18:16.006
So it really just depends on it's.
00:18:16.006 --> 00:18:37.086
I think the people that we're catering to are people who have been very successful in their life for whatever they do Most likely drive nice cars, have a great house, but they're looking for those experiences that money truly can't buy or, in this case, it can through charitable donations, and they just might not know someone who's a member of Chinook, Cocker, Grove 23.
00:18:37.086 --> 00:18:47.317
And oh, by the way, they can donate a lot of money to an amazing charity and play a round that they'll remember for their life with friends, their clients, their son, etc.
00:18:49.920 --> 00:18:50.943
So obviously checks off a lot of boxes there.
00:18:50.943 --> 00:18:53.432
Concert Golf Partners is changing the game, one club at a time.
00:18:53.432 --> 00:19:02.174
Since their inception in 2001, they've been on a mission to preserve and elevate private clubs, pouring capital into enhancements that matter.
00:19:02.174 --> 00:19:03.664
But what sets them apart?
00:19:03.664 --> 00:19:05.907
These aren't your run of the mill operators.
00:19:05.907 --> 00:19:11.653
They are a dedicated team with a passion for enhancing the private club experience both on and off the green.
00:19:11.653 --> 00:19:14.807
Passion for enhancing the private club experience both on and off the green.
00:19:14.807 --> 00:19:20.868
It's their commitment to maintaining the club's unique identity while executing strategic improvements that boost the overall experience and financial health.
00:19:20.868 --> 00:19:31.586
With Concert Golf Partners, your club gains access to a network of enhanced properties, reciprocal play privileges and a future free from the burden of debt and outdated facilities.
00:19:31.586 --> 00:19:37.030
They're not just building better clubs, they're crafting lasting legacies for members and communities alike.
00:19:37.299 --> 00:19:47.388
If you'd like to learn more about Concert Golf Partners or recapitalization, or learning how your members will have no more assessments, head on over to ConcertGolfPartnerscom.
00:19:47.388 --> 00:19:51.769
Set up a confidential call with Peter Danula and that's it.
00:19:51.769 --> 00:19:53.231
Simple as that.
00:19:53.231 --> 00:19:59.563
Also, be sure to check out our episodes of Board Chats here on Private Club Radio, brought to you by our friends.
00:19:59.563 --> 00:20:01.690
You guessed it Concert Golf Partners.
00:20:01.690 --> 00:20:04.084
You said you've done what?
00:20:04.084 --> 00:20:08.614
90, one of the top 100 courses yeah.
00:20:08.614 --> 00:20:19.944
Are there any courses still on your bucket list that you would like to include in your auction, or ones that may be a little bit different or or unique that you haven't gotten to?
00:20:20.805 --> 00:20:23.146
Yeah, I mean, listen, there's, of course there's.
00:20:23.146 --> 00:20:27.690
You know, there's a little golf course down in Augusta, georgia.
00:20:27.690 --> 00:20:46.261
That would be amazing, right, and I, you know, I know, obviously for a lot of reasons they're they're strict with this kind of stuff, but I've just always thought in my heart of hearts that there's an opportunity that we could raise millions, if not tens of millions, of dollars for charity, millions, if not tens of millions of dollars for charity.
00:20:46.261 --> 00:20:54.673
And I don't know, I truly believe that that in due time, a conversation will happen and maybe we'll get something done.
00:20:54.673 --> 00:20:57.765
I think when I saw Dude Perfect hitting hockey sticks around Amen Corner, it's like this is interesting.
00:20:57.765 --> 00:21:03.028
Maybe Augusta National is starting to think a little bit broader and so, again, I know they do a lot of stuff for charity.
00:21:03.451 --> 00:21:16.704
I truly believe, my heart of hearts, we could raise tens of millions of dollars for charity, and even at a club that does an incredible amount of fundraising and just overall revenue from the masters, I still think that number is interesting.
00:21:16.704 --> 00:21:22.888
So, yeah, for us, like, of course, you know, the top of the top right, augusta Pine Valley, cyprus.
00:21:22.888 --> 00:21:33.795
You know, again, I know they're they're really strict with some of this stuff for obvious reasons, but the opportunity is there to raise such an incredible amount of charity.
00:21:33.795 --> 00:21:51.741
Which is why I say play golf changed the world is because I truly believe that if more of these private rounds of golf have a charitable impact, the global impact is so massive that it probably ends up becoming hundreds of millions of dollars.
00:21:51.741 --> 00:22:07.169
And so, yeah for sure, the ones at the top, you know, I'm hopeful and I look forward to the opportunity to just at least have a conversation with them just at least have a conversation with them.
00:22:07.189 --> 00:22:07.932
You mentioned community and charity.
00:22:07.932 --> 00:22:14.852
Has your perspective on charity and community involvement changed or evolved since starting member with the day or member for a day?
00:22:15.492 --> 00:22:28.817
Yeah, I mean, listen, you know, I think you know for some to to to some degree we stay outside of like their day-to-day ops, right, like we're helping fundraise and then hopefully they're using that money to do good in the world.
00:22:28.817 --> 00:22:31.012
But, like for us, we kind of stay away from it.
00:22:31.012 --> 00:22:40.791
But I think the beautiful thing that that I've kind of figured out, is I I didn't really realize that I always thought the world was for-profit or the world of business, let's say, for-profit, nonprofit.
00:22:40.791 --> 00:22:42.413
We're kind of in the middle.
00:22:42.413 --> 00:22:50.700
You know, we I think we would be described as a social enterprise because we are actually a for-profit business but the overwhelming majority of the funds that we raise go to charity.
00:22:50.700 --> 00:22:53.863
I mean, we give an absurd amount of money to charity.
00:22:53.863 --> 00:22:56.632
We're not doing this just to maximize how much money we make.
00:22:56.632 --> 00:22:57.555
Trust me, we could.
00:22:57.555 --> 00:23:00.692
We could be way more selfish and capitalistic if we wanted to.
00:23:00.692 --> 00:23:02.636
So we're kind of in this middle point.