Broad Reach Sailing Video - Transcript
Some people dream of retiring. Buying a sailboat and sailing off into the
Todd Williamson and Jim Miranda co-owners of 3rd Coast Cruising and Broad Reach
Sailing, may be decades from retirement, But, they sail off into the sunset just about
Working in an office every day for the rest of their lives didn't appeal much to either of
them. So, they decided to do something about it by starting their own business. Taking
the entrepreneurial plunge turned their day job into their dream job. And in 5 short years,
business took off.
: As I was getting ready to take my Captain's test, I actually met Jim
while crewing on a 50 foot boat that he was sailing on. We had similar ideas about
starting a small sailing company.
Got to talking, went sailing a few times together and decided to go for it.
I had 2 kids at the time. For me, it was definitely, one of well ok, well.
Let's see. How do we get away and actually justify having a boat?
Well, this is how we're going to do it.
: I'm going to start a business. My partner, Captain Jim and I started a
sailing school and charter company.
We were building that for a few years and we got big enough that we decided that we
wanted to get into the fractional sailing.
And fractional sailing is a lease-share program similar to what you might do on a time-
share on a property, but, instead of a property, it's a yacht.
In the United States we often associate entrepreneurs with small businesses,
but did you know that many very big companies like
DuPont, Avon, Wal-mart, Kodak, Proctor & Gamble, Ford Motor Company and
Amazon.com were all started by entrepreneurs?
They may have started out small, but their companies grew into giants, creating countless
jobs and making a huge impact on our economy.
: Our first year in business, we started with 2 boats.
Captain Jim and myself, essentially, we had no idea what we were doing.