I feel you made the right call by not taking on a partner. I owned a small business for 34 years. It was my dream, my vision and my success or failure. I didn’t want to blame anyone but myself if something went wrong. The only one who ever had any input was my wife. I sold the business two years ago and I’m retired in OBX. I own a 32 foot center console and watch your channel all the time. I can tell how much you guys love what you’re doing. Please keep up the good work.
Boat looks like it needs a ton of work. Not included the obvious needed upgrades. Another boat partner also seems like too many cooks in the kitchen. If i had a vote, i would suggest running your current rig for another year or 2. Keep up the great videos.
Exactly my thoughts. I can tell Ron wants to be in a bridge and that was tugging at him but I think yall are making the right call. This seems like a step backwards from the Speechless to me even though its a bigger boat and gets you to the OIFC
You two made the right choice, been watching y’all since the beginning and have made a name for yourself keep it that way, don’t need a partner, I’m sure that man is top shelf but keep the little speechless going forward for now, I think we may be in a down turn soon enough at the beach, my house rent was way off this year Stay salty boys.
All of the cons you guys discussed are real. The one areas that I di not see mentioned, however, was the engines and generator. MTU/Detroit Diesel are good solid engines, but they are a little dated as well. How many hours? and where are th relation of those hours to the maintenance schedule? How many since a a major overhaiul or how many hours to a major overhaul. I am a boat nut and Carolina Sportfisherman are my favorites - bridge or express. I had a 35 express custom (not a Carolina though) and we went from a set of Volvo TAMD70 @ 300 HP a piece to a set of Cummins 370B. It was a brand new boat! Not only did wee gain a bunch of HP, but we lost over 1500 lbs per engine. went from a 20 knot cruise to a comfortable 24 know low cruise with the ability to cruise at 27 knots all dayy if we wnated to burn the fuel and the sea conditions permitted it. I digress, but the reason I brought up the engines is that, when any major work needs to be done and/or repower, the express is infinitely a better set up. With that sporty, you would have to take half the boat apart, including the rear cabin bulkhead to get a motor in and out. Additionally, I feel like an express helps you build a better relationship with your clients. The Captain is not isolated from the party all day, up on the bridge, while everyone else is down below. With the express, you get to know them and they get to know you better. I have worked with Captains that like to stay away from the party, but that puts a tremendous amount of pressure on the mate. When I was Captain I liked to interact with the party, not just be up on the bridge by myself. Don't get me wrong a flybridge sporty could be great, but that one needed too much to be a charter boat and had way too much that was not neeeded. Keep looking.
@@SuperJlonergan agreed, the floors come up, but those engines will not fit through the saln door see 4:30 of the video for a good picture) . they will have to dissassemble the rear bulkhead, and they are already talking about building a mezzanine. that would all have to be at least partially removed. Yes, you do a major in place, but sometimes you need to replaces. nothing least forever. I re-powered an express. It was a big job, but would have been double the price if it was a convertible sportfisherman
I know of a boat for sale in morehead that has been updated exactly the way you guys want it. It also has omni on it and iirc it's the same LOA. :) It's in the morehead marina.
Huge business upgrade with you wanting to get into the tournament circuit and you getting to your goal number of days on the water. Also pushes you as a captain with all those legendary boats next door. It’s a great location for advice and marketing. The professor might not know it yet but you can hear he’s dying to get in a sportfish. Engine room might be intimidating but chartering a sportfish isn’t reinventing the wheel. You have an encyclopedia of knowledge at that marina of charter capts who have ran into every issue you could stumble on. A diesel is a diesel at its core. It’s a big financial change but keep in mind you don’t need to add an Omni/new electronics, mezz, cosmetics etc all at once. Speechless is beautiful now but it wasn’t in the beginning.
It's a nice boat and all. To me it would have to be 5x more profitable to your business to forfeit half the rights to the boat and half the profit to anyone. Don't know the details of the partnership but I do know you guys have 100% of the blood sweat and tears to build your business.
Don’t know enough about the character business but think 3 partners would be difficult and would this bigger boat bring in enough to offset the costs. What the average number of people on that type of charter…maybe more profitable with the smaller boat if that means more charters vs fewer but more people or days on the water.
I used to laugh at people who would toss out that stupid 'two happiest day's of a boater's life' shit - My response was always, "this is coming from someone who's probably never owned a boat'. Well FMe, we just got our estimate for two new aftercooler, STBD turbo, and other engine maintenance work on our 46 Bertram, which turned out to be a shocking 75K!
In taking on a partner your giving up the autonomy which you already have achieved and that's a tough nut to swallow , especially considering you have to go all in to get it ... and how many years , if it all goes sideways and the courts get involved , to get that back . I " may " rather captain for a rich guy with a new 74' Spencer or like if I was risking my autonomy .
Every time you buy a older boat you do have to do upgrades And your own likes and your own little repairs it comes with the boat Golden Corral style curtains wallpaper or Or whatever it is I don't know
Definitely needs alot of work to compare to your current boat. Definitely not worth it if ur going in blind not knowing well ur partner. My dad bought a cabo 42 with his bestfriend and he ended up giving the boat to him due to his wife causing issues. Stay with ur current boat.
@12:00 As a Professional Mariner who navigates and steers 1000’ container ships, the thought of having your head “buried” in the radar and not looking up is a sin
I’m confused by your post captain. Not by any means am I licensed captain like I’m sure you are . I’ve owned boats from 19’ to 32’ and there was many times the fog covered me and I had to navigate looking at a screen only as i couldn’t see past the windshield in front of me .
OK. Humor. It's a joke folks: Take all the new electronics and everything else new off the current boat (in secret). Take the thing 40-60 miles out,. Burn it to the waterline (pull the drain plug just in case), make sure it sinks, and then SOS say something caught fire in the engine compartment, you tried to put it out, but it got out of control and you barely made it off before the boat was engulfed. You get rescued off the water for good measure. Boat sinks in water way too deep for anyone to ever go look. Insurance pays out better than the loss on resale. Install electronics in new boat . . . I mean just saying. Tony S. 😆
HELLO THANKS FOR THE VIDIO MY COMENT IS I OWN A 70 FOOT NORTH COST SPORT FISHER WITH A MTU 2000 MOTERS 3200 HRS TOTAL AND THEY ARE THE BEST ON FUEL AND MAINTINANCE NO TROUBLE ZERO HOW EVER THE AIR UNITS ON A LARGER BOAT ARE EXPENSIVE TO MAINTAIN THE GEN SET YANMARS ARE PERFECT ON MY BOAT THE 199 HR OIL CHANGE FOR MOTERS AND GEN SETS ARE A BIT PRICY I HAVE GARMIN AND 2 16 INCH ON FLY BRIDGE AND 2 TZ3 FURUNO AT MAIN HELM ALSO A 36INCH GARMIN AT MAIN HELM IT WAS 10,000 WITH 100 MILE RADAR VERY NICE THE YARD BILL IN CALIF BOTTOM JOB IS 10,000 TO 15 GRAND EVERY 2 YEARS YOUR WOULD BE CHEEPER INSURANCE IS 7500 5000 FOR PERSONAL PROPERTY INSURANCE ALL STUFF TO ADD IN I HAVE OWNED MY BOAT 8 YEARS I LOVE IT BUT ITS 60,000 A YEAR TO PAY SLIP FEE AND ALL OTHER EXPENCES A YEAR YOUR BOAT IS BEAUTIFULL AND THE OPERATION COSTS ARE AS SMALL AS THEY WILL HAVE TO BE IT TOOK ME 3 HARD YEAR TO LEARN ALL THE SYSETMS THE 120 AC AND THE 220 VOLT AND 12 VOLT AND 24 VOLT SYSTEM OVER 200 BREAKERS 4 PANNELS ALL OVER THE BOAT MY BOAT IS 22 FEET WIDE 70 FEET AT WATER BUT 82 FEET FROM BOW TO SWIM STEP SHE A BEAST BUT RIDS LIK A DREAM NON I HAVE FOUND BETTER BUILT IN 2001 ANACORTAS WASHINGTON CUSTOM BU8ILT FOR RODGER PENSKIE AND BILL SIMSON NASS CAR GUYS I LOVE IT !!! MY ADVISE IF YOU MOVE UP IF YOU CAN FIND THE BOAT OF YOUR DREAMS WITH A PAIR OF JOHN DEAR MOTERS AND YANMAR GEN SETS YOUR FUEL BILL WILL BE OUTSTANDING I LOVE THE GARMINS SONAR SIMRAD IF ITS GOOD ENOUGH FOR BAD COMPANY AND STEAVE LAZLEY YOU WILL LOVE IT I LIKE MINE STAY AWAY FROM FURUNO OMNI TO MUCH TO HARD TO USE ! CAPT SMITTY BARRACUDA OUT !!! SELL YOUR BOAT FOR TOP DOLLER THEN LOOK AROUND THERE WILL BE A LOT OF GOOD DEALS MAYBE A MERRIT ?????? HUMMMMM
I feel you made the right call by not taking on a partner. I owned a small business for 34 years. It was my dream, my vision and my success or failure. I didn’t want to blame anyone but myself if something went wrong. The only one who ever had any input was my wife. I sold the business two years ago and I’m retired in OBX. I own a 32 foot center console and watch your channel all the time. I can tell how much you guys love what you’re doing. Please keep up the good work.
Wow. Appreciate that bud. Hope to meet you at some point in person 👍
Run Forrest! RUN!!!
That's a world class money pit guys. Stick with that beautiful Blackwell for a while. No boat is perfect 😉
Boat looks like it needs a ton of work. Not included the obvious needed upgrades.
Another boat partner also seems like too many cooks in the kitchen.
If i had a vote, i would suggest running your current rig for another year or 2.
Keep up the great videos.
Appreciate your honest take bud. 👍
Exactly my thoughts. I can tell Ron wants to be in a bridge and that was tugging at him but I think yall are making the right call. This seems like a step backwards from the Speechless to me even though its a bigger boat and gets you to the OIFC
You two made the right choice, been watching y’all since the beginning and have made a name for yourself keep it that way, don’t need a partner, I’m sure that man is top shelf but keep the little speechless going forward for now, I think we may be in a down turn soon enough at the beach, my house rent was way off this year
Stay salty boys.
Appreciate that bud, thanks for watching!
It’s a big step keep looking, hard to sale the 40 footer..
No don’t do a partnership. Coming from a family of lawyers. 😂 We deal with that nonsense when partnerships go south.
Totally agree! It never works! Buy a smaller boat!
All of the cons you guys discussed are real. The one areas that I di not see mentioned, however, was the engines and generator. MTU/Detroit Diesel are good solid engines, but they are a little dated as well. How many hours? and where are th relation of those hours to the maintenance schedule? How many since a a major overhaiul or how many hours to a major overhaul. I am a boat nut and Carolina Sportfisherman are my favorites - bridge or express. I had a 35 express custom (not a Carolina though) and we went from a set of Volvo TAMD70 @ 300 HP a piece to a set of Cummins 370B. It was a brand new boat! Not only did wee gain a bunch of HP, but we lost over 1500 lbs per engine. went from a 20 knot cruise to a comfortable 24 know low cruise with the ability to cruise at 27 knots all dayy if we wnated to burn the fuel and the sea conditions permitted it. I digress, but the reason I brought up the engines is that, when any major work needs to be done and/or repower, the express is infinitely a better set up. With that sporty, you would have to take half the boat apart, including the rear cabin bulkhead to get a motor in and out. Additionally, I feel like an express helps you build a better relationship with your clients. The Captain is not isolated from the party all day, up on the bridge, while everyone else is down below. With the express, you get to know them and they get to know you better. I have worked with Captains that like to stay away from the party, but that puts a tremendous amount of pressure on the mate. When I was Captain I liked to interact with the party, not just be up on the bridge by myself. Don't get me wrong a flybridge sporty could be great, but that one needed too much to be a charter boat and had way too much that was not neeeded. Keep looking.
Steve, wow, such a thoughtful comment. Thanks for bringing your wisdom and experience. Truly appreciate it.
usually in place overhauls, for major repower the floors come up as you can see when they show the mirrors you can see the sections
@@SuperJlonergan agreed, the floors come up, but those engines will not fit through the saln door see 4:30 of the video for a good picture) . they will have to dissassemble the rear bulkhead, and they are already talking about building a mezzanine. that would all have to be at least partially removed. Yes, you do a major in place, but sometimes you need to replaces. nothing least forever. I re-powered an express. It was a big job, but would have been double the price if it was a convertible sportfisherman
The owners are top notch and gotta love a R Gillikin boat!
That being said we wont do a partnership on a boat, too many individual decisions IMO.
Boys yall have put your hearts into the speechless. I would hate to see you change. Just my thoughts
I know of a boat for sale in morehead that has been updated exactly the way you guys want it. It also has omni on it and iirc it's the same LOA. :) It's in the morehead marina.
Feel free to share a link. 👍
You talking about Wingman by Core Sound?
@@warlordop713 yep!
@@frackamaduk I saw that one lovely rig.
@@warlordop713 hell of a boat. Fished on it and know the owners. If I had the income, it would be mine. :)
Huge business upgrade with you wanting to get into the tournament circuit and you getting to your goal number of days on the water. Also pushes you as a captain with all those legendary boats next door. It’s a great location for advice and marketing. The professor might not know it yet but you can hear he’s dying to get in a sportfish.
Engine room might be intimidating but chartering a sportfish isn’t reinventing the wheel. You have an encyclopedia of knowledge at that marina of charter capts who have ran into every issue you could stumble on. A diesel is a diesel at its core.
It’s a big financial change but keep in mind you don’t need to add an Omni/new electronics, mezz, cosmetics etc all at once. Speechless is beautiful now but it wasn’t in the beginning.
Such a thoughtful comment. Seriously. Thanks for sharing your take here.
It's a nice boat and all. To me it would have to be 5x more profitable to your business to forfeit half the rights to the boat and half the profit to anyone. Don't know the details of the partnership but I do know you guys have 100% of the blood sweat and tears to build your business.
Good stuff. Appreciate that man. 👍
That bigger boat solves problems that you don’t have
Don’t know enough about the character business but think 3 partners would be difficult and would this bigger boat bring in enough to offset the costs. What the average number of people on that type of charter…maybe more profitable with the smaller boat if that means more charters vs fewer but more people or days on the water.
I have a Luhrs 380 convertible 1997 teak in the stern, how do you maintain the teak in the stern of your boat?
Sand and seal. Over and over again.
Thank hoy very much
I used to laugh at people who would toss out that stupid 'two happiest day's of a boater's life' shit - My response was always, "this is coming from someone who's probably never owned a boat'. Well FMe, we just got our estimate for two new aftercooler, STBD turbo, and other engine maintenance work on our 46 Bertram, which turned out to be a shocking 75K!
Yep. Absolutely brutal. It’s shocking how much it costs to maintain these babies.
Would not got 50/50 on a boat. That sounds like a headache especially running charters
that depends on the deal totally
@ i wouldn’t want to deal with it. I own my own charter business and it’s hard enough
In taking on a partner your giving up the autonomy which you already have achieved and that's a tough nut to swallow , especially considering you have to go all in to get it ... and how many years , if it all goes sideways and the courts get involved , to get that back . I " may " rather captain for a rich guy with a new 74' Spencer or like if I was risking my autonomy .
Yup partnership is never good. High risk situation.
That boat is not a Charter boat…You can use it for that but it’s not the best set up
Yes. That was one of the biggest concerns. Once we really looked at it, it was more designed for longer trips at sea.
PartnerSHIPS are made to sink.
Every time you buy a older boat you do have to do upgrades And your own likes and your own little repairs it comes with the boat Golden Corral style curtains wallpaper or Or whatever it is I don't know
yeah ! yeah ! yeah ! buy it buy it
you should do it
Definitely needs alot of work to compare to your current boat. Definitely not worth it if ur going in blind not knowing well ur partner. My dad bought a cabo 42 with his bestfriend and he ended up giving the boat to him due to his wife causing issues. Stay with ur current boat.
@12:00 As a Professional Mariner who navigates and steers 1000’ container ships, the thought of having your head “buried” in the radar and not looking up is a sin
If the fogs bad and you cant see. Your going to look at what you can see, the radar. Most people learn to trust their radars.
I’m confused by your post captain. Not by any means am I licensed captain like I’m sure you are . I’ve owned boats from 19’ to 32’ and there was many times the fog covered me and I had to navigate looking at a screen only as i couldn’t see past the windshield in front of me .
6 minutes in....hands in the pockets....predict you've already rejected it whether you knew it or not.
Nice observation. Didn’t even realize it.
No Sea Keeper- No Deal! OK?😅
"Partnerships don't work, even with your Wife!"😅
50/50 ownership of the boat or the business part?
The boat and the charters.
Definitely you should do the change to that boat
Appreciate your take for sure. It’s a tough decision.
Expenses will eat you alive , its a tough business already
💯
Bottom line is do you think in the end will you make more money going bigger. In the end your are running a business.
dont do it
NO NO AND NO
OK. Humor. It's a joke folks: Take all the new electronics and everything else new off the current boat (in secret). Take the thing 40-60 miles out,. Burn it to the waterline (pull the drain plug just in case), make sure it sinks, and then SOS say something caught fire in the engine compartment, you tried to put it out, but it got out of control and you barely made it off before the boat was engulfed. You get rescued off the water for good measure. Boat sinks in water way too deep for anyone to ever go look. Insurance pays out better than the loss on resale. Install electronics in new boat . . . I mean just saying. Tony S. 😆
@@johngreenlees now that’s some creative thinking 😄
So, what part of Jersey are you from?? 😁
Don't do it.
HELLO THANKS FOR THE VIDIO MY COMENT IS I OWN A 70 FOOT NORTH COST SPORT FISHER WITH A MTU 2000 MOTERS 3200 HRS TOTAL AND THEY ARE THE BEST ON FUEL AND MAINTINANCE NO TROUBLE ZERO HOW EVER THE AIR UNITS ON A LARGER BOAT ARE EXPENSIVE TO MAINTAIN THE GEN SET YANMARS ARE PERFECT ON MY BOAT THE 199 HR OIL CHANGE FOR MOTERS AND GEN SETS ARE A BIT PRICY I HAVE GARMIN AND 2 16 INCH ON FLY BRIDGE AND 2 TZ3 FURUNO AT MAIN HELM ALSO A 36INCH GARMIN AT MAIN HELM IT WAS 10,000 WITH 100 MILE RADAR VERY NICE THE YARD BILL IN CALIF BOTTOM JOB IS 10,000 TO 15 GRAND EVERY 2 YEARS YOUR WOULD BE CHEEPER INSURANCE IS 7500 5000 FOR PERSONAL PROPERTY INSURANCE ALL STUFF TO ADD IN I HAVE OWNED MY BOAT 8 YEARS I LOVE IT BUT ITS 60,000 A YEAR TO PAY SLIP FEE AND ALL OTHER EXPENCES A YEAR YOUR BOAT IS BEAUTIFULL AND THE OPERATION COSTS ARE AS SMALL AS THEY WILL HAVE TO BE IT TOOK ME 3 HARD YEAR TO LEARN ALL THE SYSETMS THE 120 AC AND THE 220 VOLT AND 12 VOLT AND 24 VOLT SYSTEM OVER 200 BREAKERS 4 PANNELS ALL OVER THE BOAT MY BOAT IS 22 FEET WIDE 70 FEET AT WATER BUT 82 FEET FROM BOW TO SWIM STEP SHE A BEAST BUT RIDS LIK A DREAM NON I HAVE FOUND BETTER BUILT IN 2001 ANACORTAS WASHINGTON CUSTOM BU8ILT FOR RODGER PENSKIE AND BILL SIMSON NASS CAR GUYS I LOVE IT !!! MY ADVISE IF YOU MOVE UP IF YOU CAN FIND THE BOAT OF YOUR DREAMS WITH A PAIR OF JOHN DEAR MOTERS AND YANMAR GEN SETS YOUR FUEL BILL WILL BE OUTSTANDING I LOVE THE GARMINS SONAR SIMRAD IF ITS GOOD ENOUGH FOR BAD COMPANY AND STEAVE LAZLEY YOU WILL LOVE IT I LIKE MINE STAY AWAY FROM FURUNO OMNI TO MUCH TO HARD TO USE ! CAPT SMITTY BARRACUDA OUT !!! SELL YOUR BOAT FOR TOP DOLLER THEN LOOK AROUND THERE WILL BE A LOT OF GOOD DEALS MAYBE A MERRIT ?????? HUMMMMM