Yes - Bob is going to continue the free online magazine, and we are going to continue the free TV channel. We are very excited about it and know we'll have a lot of happy readers/viewers out there.
BUT... The image that Bob has of having a ton of money is so far from the truth, you guys that believe "he's laughing all the way to the bank" will never believe anything else. By selling the Lost Soul, he is no longer deep in debt to the "vulture capitalists" from starting the magazine in the first place, and subsequently building it up. If you're not a business owner yourself, you can't appreciate what it takes - especially on a national scale. He's an independent publisher in a world dominated by huge media conglomerates who have tried unsuccesfully for 10 years to put him out of business. The people that own the "big" sailing magazines don't even really sail. They bought those mags as "profit centers" - and that's all it is to them. THEY are the greedy bunch of capitalists. You like supporting them more, be my guest. That's why I always go to my local chandlery first before the big national corporate chains. The people who own and have put their lives into Good Old Boat, Bluewater Sailing, and Lats & Atts (and SailNet), they do it because they are passionate about sailing, the people, and the lifestyle. Oh, and by the way, they do have to make money at it - OR THE MAGAZINES WOULDN'T EXIST. Duh.
And as far as selling the Lost Soul. Again, here's the reality. He sunk over $150,000 of his own money into it. He didn't get everything for free. He did get almost everything at manufacturers cost. You think Forespar is going to give him $35K in Leisurefurl booms for free? They don't even spend that much in advertising with him over 3 years! You think the guys from the local marina that rebuilt the entire teak deck and subdeck over a period of many months did it for free? Do you know how much that costs for a 56 foot boat? Anderson power winches, free? All new stainless hatches, free? Come on people, get real... Yeah, he got some things for free. A $300 item here, $450 item there - in trade for ads. I'm sure none of you skeptics would do the same thing. Oh, and this was Bob and Jody's home - so he only wanted either the best or top quality items. When he recommends or endorses a product from that (or future projects), it's because he either uses the product or he believes in it.
Selling the Lost Soul? It wasn't even for sale. This guy calls Bob up in Mexico, wants to come see the boat. Bob says come on over. The guy looks the boat over and says "How much?" Bob says it's not for sale. The guys says, "Come on, every boat is for sale". Bob says not this one, then proceeds to explain what's he's put into it over the last two years in blood, sweat, and tears. The guy says, "I know, Ive been reading about it." So Bob says then you understand why it's not for sale. So the guy says "I'll give you $XXX,XXX." Bob says he literally looked at the guy for about three seconds and impulsively said, "OK..." Someone offers you twice what your boat is worth, go ahead and say no.
The new boat? He's getting a finished hull and deck with a roughed in interior. It's up to him to finish it. Yes, companies came out of the woodwork to be part of the project. When Olaf Harken (another man of integrity along with Bob, Walter Schultz, and many others he's working with) says we'll work with you on this project, why do you think he said that? Oh yeah, I guess he's just greedy too. It's not that he thinks Bob and his magazine have honestly touched more lives in a good way and wants to be part of it. No, that would be too good to be true, so it must not be. And if Joe Blow Furling Systems came to him and said "I'll give you my cheaply made products for free in exchange for you saying it's great stuff", he would not do it.
All right, my rant is over. Sorry. I have to get back to work. It's just that I get my dander up when it comes to completely incorrect assumptions and perceptions about my friend and partner. That's because I know him, and many of you only buy into the "image". I don't even know why I try to tell some of you the truth, because I know you'll still think the same way you did before...
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"Always approach the dock at the speed you wish to hit it."
1978 North Sea 33 Pilothouse Cutter (Ta Chiao)