Hi there. I'd like to own my own railroad system, but have no idea where to get started, so I figured I'd seek out a forum for railroading and ask folks who probably know more about it. In short, I'd like to set up America's first high-speed maglev train system.
Let's start with your vision
You need two destinations. Let's call them DC and NYC.
You need to buy land, a lot of it. It's called obtaining right of way, and you cannot expect government to condemn private property for you.
You will need an engineering plan that describes the route, the acceptable grades, the curvature of turns in the route, intermediate stops, the equipment, ...
You will need a business plan that describes this elephant, each bite at a time.
You will need a prospectus that describes how you're going to raise money and spend it.
So, my first two questions:
- Do you have very good friends who are a civil engineer, a mechanical engineer, a CPA, a lawyer?
- Do you have your MBA and a proven track record at raising 100s of millions of money?