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- Sail Loot Podcast 042: Wiley Sharp, Part 2 – Owning and Operating a Virgin Islands Sailing Charter
- Sail Loot Podcast 037: Salty Times Sailing to find the Surf with Base and Jamie
- Sail Loot Podcast 027: Couchsailors Jose and Gina Rent All of their Rooms for Sailing Money
- Sail Loot Podcast 020: Leah Kruger Makes Her Sailing Money With Brio
- Sail Loot Podcast 019: Good Anchorage, Get Paid To Cruise
- Sail Loot Podcast 013: Investing Money to Make Money While Sailing the Mediterranean with Franz Amussen
- Sail Loot Podcast 012: From Corporate America to Ottsworld with Sherry Ott
- Sail Loot Podcast 010: Zero To Cruising To Chartering One Love with Mike and Rebecca Sweeney
- Sail Loot Podcast 009: The Overnight Success Dream – It’s a Myth. Get Over It
Sail Loot Podcast 041: The Money Side of a Virgin Islands Sailing Charter with Wiley Sharp
I’ve had several people email me and ask about owning and operating a sailboat charter. I found Steve and Chrissy Solonynko via their Knot Anchored blog and realized that they owned and operated a 2010, 46 ft, Robertson & Caine catamaran, Knot Anchored, for two years before turning the reigns over to Captain Leon Sheepers and Chef/hostes Monika Kudyba in May of 2016.
I emailed Steve and Chrissy to ask if they would be interested in sharing some information about becoming owners and operators of a crewed sailing catamaran charter in the Virgin Islands. Their immediate response was, “I’m putting you in touch with the guy that made it all happen for us – Wiley Sharp.”
Wiley grew up in the Tampa, FL area and has been sailing most of his life. He now wears two hats as a catamaran broker heading up the BVI area for Denison Yacht Sales and a founding partner of Blue Waters VI Yacht Management with his wife. As you’ll hear, Wiley has a wealth of knowledge about setting up and operating a sailing catamaran for charter.
Wiley and I had a few different conversations, and as I write this I have two Sail Loot Podcast episodes worth of content. I’m leaving for the Virgin Islands on Saturday, November 5th, 2016 and I plan on trying to buy Wiley a beer. I’ll probably ask him more questions. I’ll do my best to record everything. This is being released the day before I head to the Virgin Islands, but if you can think of any questions that you want me to ask Wiley in person, leave a comment below, ask your question there, and I’ll see what I can do!
For now…here is part 1 of my conversations with Wiley Sharp:
A Few Things You’ll Learn about Wiley Sharp and Putting a Sailing Catamaran into Charter as a Sailing Business in this episode:
- How Wiley met and helped Steve and Chrissy become Knot Anchored.
- The small world of sailing.
- How Wiley hailing bridge tenders in the Tampa area got him into sailing.
- Why Wiley and his wife gravitated to the crewed yacht charter business.
- Wiley’s size, age, configuration, and amenity recommendations for a crewed catamaran charter boat.
- The finances of purchasing a catamaran, or any sailboat for that matter.
- Owning the sailboat under an LLC.
- Sailboat insurance.
- Where you should flag and document your sailing vessel.
- Airport logistics.
- Provisioning costs for a week long charter.
- Importing lamb and organic chicken breasts.
- And Much More!
Links and Resources from this episode:
- Denison Yacht Sales
- Denison Yacht Sales – Wiley Sharp
- Blue Waters VI Yacht Management
- Knot Anchored – blog
- Knot Anchored – Listing?
- Code Zero Consulting
- S/V Pisces
- Joe Flynn with Newcoast Financial Services
- Cindy Lewis – Recreation Finance, Sterling Associates
- YachtCloser – Jennifer Myers – testimonials
- S/V Pisces for sale with Denison Yacht Sales
- Brian Rasmussen with Denison Yacht Insurance
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