Help me create a music festival in Houston in 2020

Music Festival consist of a two day festival that will offer a variety of artists performing Reggaeton music for the people. This event will take place in Houston, an environment where it is diverse and anyone is welcome to come join the music vibes, and enjoy the entertainment that is within the festival. Rumba Music Festival target’s an upscale market and a discerning customer base which will add a great reputation to our community. In addition, this will give different types of communities, ethnicities, and even countries come together in one location and appreciate the burgeon of the Reggaeton Music Industry. All of which, a festival that plays nothing but the genre of Reggaeton music is not offered anywhere else. We will be profitable by establishing a curious client base that will lead them to seek for it again every year with our unique [login to view URL] vision, is not just to create an atmosphere that will unite all these different Latin communities together, but to have an environment that no matter where or what part of the world he or she is from, the individual will feel welcome to attend this festival. Therefore, I will like guidance and some sort of help and advice in going through the process of creating this event. I have a business plan, and a revenue model laid out, and right now I am planning in contacting sponsors and taking out a LLC. With that being said, I would like to know if I am on the right track and if there is anything else that is recommended before I confirm doing this project.