The Charter Business Part 2

Offshore Explorer with Scott Dodgson

To be successful in the charter boat business you need the right personality, sailing skill set, fix-it skill set, vast amount of energy, and the commitment to building the business. I set out three different levels of the charter business. Brokage charter is when you buy a boat and put into a company who runs the charter business. Monied yacht charters are also a good way to get into the business and make it successful, but cash flow will have to come from the outside. Still the keys to success are personality, a mad skill set covering cooking, sailing, engineering, social skills, and psychological understanding of yourself and those around you. It’s not easy. It’s not for everyone. If you still think you can do it you are off to a good start, perseverance and dogged commitment are prime attributes.