I have a feeling that Mayfest is at least break even, and probably makes money.
We have heard that managing Gilcrease is profitable for TU. So I am pretty confident they thought this through and feel won't be a drain.
Oh yeah, it's just three months away. They don't really have time to do anything new this year. I was thinking of next year.
It's already changed some. It's no longer on Main St. in the main part of downtown and moved north to Archer along the Brady Arts district. We went last year and they planned it to have it coincide with an FC Tulsa game. It actually was a great time and well laid out, a little more room than in past years. I can see it working well in conjunction with a Drillers home weekend as well.
I'm not talking about changes already made to Mayfest under Ahha. I'm talking about changes made to Mayfest after it is under TU's domain.
I don't have any suggestions. I just wondered if TU was going to carry on without any drastic changes, or if they were going to brainstorm big changes. Bringing in bigger acts for the music might be nice.
Self promotion is a given. But positive change with self promotion, would let us get better cred for the self promotion.
Just think of it as an endowment investment. Another entity and property TU owns to add to the value of the endowment.
On the face of it seems like a great move to enhance our image in the community and have a larger presence where prospective students socialize.
It is sort of how it works.
I know that my company has drastically cut back our office footprint worldwide since covid.
I think Liberty's endowment has gone from something like $200m to $2b in the last 15 years, primarily because of investment and development of ... strip malls...
Liberty has a different business model than most universities. And it's not unlike the business model of the University of Phoenix in terms of product delivery. The major difference between the two is one is for profit (University of Phoenix) vs non-profit (Liberty). But their access points, target audience ,how they deliver their product, etc. are not very different.
Yea, Liberty has like 100,000 online students. I think there are a lot of ethical boundaries that TU would not be comfortable crossing that Liberty has had no problem with.
It'll be really interesting to see how that real estate portfolio does now that God's mafia isn't running it anymore.
I can just see March Madness some years from now. Liberty vs. Grand Canyon for the National Championship.
Grand Canyon is weird as I believe it has an affiliation with a Christian denomination (or just AG, evangelical) as well as being for profit. Its founding was a but more traditional and not dissimilar to TU's just way more recent as it was founded as a Christian school focused on religious training and moved from it's original small city location in Prescott to its present location in Phoenix. It is now sort of a hybrid between Liberty and UoPhoenix in its current state. I'm sure it and Liberty are fighting for the title of "World's Largest Christian University". GCU boasts 20k traditional students and 70k online students.I can just see March Madness some years from now. Liberty vs. Grand Canyon for the National Championship.
I have a friend who is currently with his daughter at Liberty on a soccer recruiting visit.
Liberty's brick and mortar campus is more the traditional college campus like ORU. But they figured out how to tap into the online Christian university market before most others...ORU was 10 years late on this and haven't figured out how to do it efficiently and cost effectively.
