“WORLD CLASS ASSETS – WORLD CLASS SOLUTIONS”
Sir Freddie Laker – SkyTrain – Laker Airways – Bahamas Laker Airways Freeport, Grand Bahamas
Freeport, Grand Bahama Island $6,886,250
Pete Sibley, President of Carnival Resorts and Casinos (operated 90 Resorts & Casinos), a subsidiary of Carnival Cruise Ships (the World’s largest Cruise Ship Lines http://www.carnival.com, Merrill Lynch & Harvard Trust ) and Lewis B. Freeman http://www.lbfmiami.com sold @ absolute auction U.S. $6.8M in luxury realty in the Bahamia Golf & Country Club & @ the Princess Isle Estates on the Caribbean ocean. Pete’s Driftwood, LLC sold 27 oceanfront and canal estate-sized homesites on a spectacular Grand Bahama peninsula, along with 3 additional deepwater dockage canal homesites, 10 golf course multifamily or single family homesites and two 10.5 acre golf course multi-family tracts. In just 14 days 900 inquiries from 14 Nations had occurred. There were 39 registered bidders from 6 States as well as Jamaica and Bermuda.
Sir Freddie Laker, Founder of Laker Airways is a resident in Princess Isles. Located on the 60-acre peninsula stretch along a mile of beachfront and inland waterways of Princess Isle on Grand Bahama Island, each oceanfront estate has unparalleled waterfront views overlooking the Atlantic Ocean. The canal sites provide superb deep water boat dockage. All sites are designed to easily accommodate yachts of up to 165 feet. Princess Isle, one of the most prestigious locations on Grand Bahama Island. The International Bazaar and Port Lucaya Marketplace feature numerous shopping and dining opportunities featuring “Paris in the Bahamas.”
Five hundred full International Banking facilities guarantee banking secrecy as well as a tax-free environment. Princess Isle owners are eligible for Permanent Resident status. Frequent international air service is available through Grand Bahama International Airport.
The Bahamia Casino & Resort, Golf & Country Club is where Howard Hughes died.
Lee Mills, Peter Sibley & Daniel M. Parkman, Sr.
Sir Elton John and Ethan Bortnick – Our associates auctioned the Penthouse @ One Park Place Condominiums where Elton John maintained a residence on the entire 8th Floor painted in fire engine red , Buckhead, Atlanta, GA
Sir Richard Branson – The Virgin Empire
The Most Valuable Lesson That Changed My Life
October 29, 2013
For some reason in the UK we find it hard to deal with failure. Even the thought comes with a stigma and in general people are reluctant to discuss the subject. In some other countries, failure is not seen as something to be embarrassed or ashamed of. It’s just accepted as a part of everyday life and something you can learn from.
If you want to be truly successful in life then one of the first things to do is understand and accept the concept of failure.
A key characteristic of entrepreneurs is that they are ready and willing to take risks. Of course the best ones minimise the risk and make it a calculated one. But when you do this, you must be open to the fact that things could potentially go wrong along the way.
If you become afraid of failure then it will make you too afraid to take these risks, which in itself can be a fatal business flaw as it hinders progress and development. As many people say, if you don’t buy a ticket, you’ll never win the lottery.
The majority of business people do not strike gold every time. I have experienced plenty of failures along the way. The real secret of success is not to become disheartened by failure. I have found that the most confident and successful people in business are the ones who have learnt to take failure in their stride.
Rather than being embarrassed or ashamed because you have tried to do something and failed, you should look at what you did and examine why it didn’t work. When I invested in the failing sandwich chain Benjys, I went against all my business principles and completed the deal in less than a week. Despite having very little knowledge of the sector, I thought I could turn it around, especially as it still had a recognisable brand. Six months later I had to hold my hands up and admit it was a lost cause. They say you should never catch a falling knife but that’s exactly what happened with Benjys.
The key lesson I took from that was to stick to my belief in proper due diligence and analysing every deal thoroughly. It also reinforced my attitude that if you are going to fail, do it quickly. Once you realise that things aren’t going to get any better, it is best to get out while you can, rather than continuing just to try and save face.
I am also a firm believer that success is a journey rather than a destination. We should always be looking at how we do things so they can be even better next time. This also applies if you have been successful – rather than resting on your laurels, keep analysing and look for any areas of improvement.
In other words, you can learn as much from your successes as you can from your failures. When it comes to business, fear and complacency are both equally harmful approaches to take.
The Business Class with James Caan airs every other Monday on CNBC. For news, videos and details of repeat airings, visit The Business Class website
The last time we attended the Fort Lauderdale Boat Show we sponsored a booth for our Carnival Resorts & Casinos, Freeport, Grand Bahamas Event where Sir Freddie Laker resided. Merrill Lynch funded the projects. Billionaire Carl Icahn was aboard The White Rabbit US $ 25 Million FedShip with an additional US $ 10 Million in artwork. The owner was Hong Kong Billionaire Li Ka-Shing, who owns 51% interest in The Grand Bahama Development Authority and the Panama Canal thru Hutchinson Whampoa.