First off, at 17, your not really allowed into clubs. I`m quite sure that that will pose a problem when it comes to ownership and management.
Clubs need many specialized and pain in the ass permits (liquor license, Cigarette license, noise permits, etc) most of these you cannot even consider getting at 17.
FYI, at 17, you cannot sign a contract. You are not legally allowed to make a legal agreement until you are at least 18 years of age.
As per the College question, Ill give you the same advice I give to everyone I know who is interested in being an entrepreneur. Tax courses, Accounting courses, Corporate law courses, Business management, etc. You don`t need a CPA or MBA, you just need the basic knowledge so you don`t get screwed over. I cannot stress the Tax courses enough, you will NEED them.
I would not say that graphic design classes are necessary. Artists are a dime a dozen, I wouldn`t waste my time with those classes because you can hire some one else to do it for a fraction of what it would cost you (divide your hourly income as a business owner by the time spent on it, you will see).
Best lesson I ever learned was that smart people learn a bit of everything, but hire specialists to get the job(s) done. Its worked for me.
When I was 15 some friends and I would rent out Lofts here in Manhattan. We would then charge people $50-$75 per person to enter, we paid the promoters $5 per ticket sold. We could easily get 300 people per night. The lofts were 2,500-3,500 square feet, and we would pay $1,500 for the space per night, then pay the owner an extra $750-$1,000 to ignore the noise and keep away.
We would have a cleaning service clean the place up the morning after the party, that cost us between $250 and $500.
Total cost for the night was always under $5,000. and even if we only charged $50 per person, 300*50 = $15,000.
Renting a Club will easily cost you in excess of 10k per night. In Manhattan the cheapest one I saw was $25k per night.
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