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Pay special attention to getting a clear spec and a contract from the client. Get enough money up front to cover most, if not all your costs. Make damn sure you sub work out only to people you have faith in and make it totally clear to them what is required.
It is rare for someone to spend this kind of money without, perfectly reasonably, wanting a good job done and if you screw it up, they might make your life very miserable. But if you are confident you can manage the project, go for it.
That has pretty much been said already. I'm adding this post because I have some experience of where this kind of opportunity can lead.
About 30 years ago, my grandfather died and left me some money. I was training as a chartered accountant and the job bored me to tears. So as soon as I qualified, I quit, played around with a couple of other things for a while, but finally spent all my grandfather's money on a Rolls Royce. I started hiring myself and the car out and just a couple of months later, I got a call from Lockheed Aircraft. Someone there had taken my business card, didn't realize I was a one-man/one-car operation, and wanted to know if I could provide the transport for Lockheed's staff and guests at a major air show.
Long story short, I took a deep breath, said yes and made about 40,000 sterling profit on the job: a nice piece of change in 1974. I used that money to buy a cab company and 5 years later I had turned it into one of the biggest cab/limo/courier businesses in London. When I sold that business in '79, annual sales were over 3 million sterling. And it all started by taking a chance like the one you have now...
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