All the readers of this blog and books, plus the students and the consultancy clients know that I take my privacy (and yours) very seriously. Therefore I dont reveal too much about myself. That can be a great advantage in cyberspace and in industry because it allows one to speak ones mind without fear of professional recrimination.
The important point here is that a good blog needs to respect the reader because most readers can spot a fake when they see (read it). Hopefully you guys realise that this blog is my attempt to explain the mysterious world of shipping from my perspective. One gained over 20 years.
One of the close friends of the blog recently asked me "VS whats your secret to success?" Its a great question but ultimately a little flawed because the assumption is that I AM successful....when at the end of the day I am an anonymous blogger supposedly from a the landlocked himalayan nation of Bhutan!
The truth is that I have had some success. But success is always relative and subjective. I have earnt (as a salary) over 6 figures since my mid 20's, and at some point in my mid late 30's I had saved and invested well enough to reach a small milestone that many people would consider as being rich.
These days this initself is not unusual and many people in shipping are worth far more than me, and they have the trappings of wealth to show it.
There is an old adage that you dont become wealthy through a salary alone. And from my perspective this is very true. If you think that by earning big money that you are automatically going to end up wealthy then think again. I have known many high salaried people who are every asset poor. They live paycheque to paycheque and thus need to work longer and harder just to stay afloat. I also know many people on low incomes who retire rich through clever planning and understanding investment concepts like, leverage, compounding interest, cashflow vs capital gains and the simple idea of spending less then you earn.
The moral here is that although a career in shipbroking and chartering dangles the promise of a high salary and great benefits, this doesnt always translate into success - whatever that may mean....
I have partied on yachts in the mediterranean, played hundreds of rounds of golf, watched the Hong Kong Sevens and skied in Switzerland - all on company time
I like the idea of sustainable financial success that doesnt soley rely on the whims of the market. Good shipowners know that secret too.
Is it too early for a whisky?
- The Virtual Shipbroker
- Hi. I am a shipping company director, transport academic, author, family man and all round nice guy. I have worked as shipbroker, shipowner, freight trader and bulk charterer, in senior positions, with some of the largest and most disrespected (joke) companies in the world. Ask my advice on all things shipping and you will receive my blunt and always honest answer. Hang around to learn more about chartering and ship broker salaries, chartering and ship broker jobs, chartering and shipbroker recruitment agencies, cheap freight, maritime education, chartering and ship broker qualifications, become a ship broker, tips on how to be a successful bulk shipping executive, philosophy, Zen and the art of shipbroking, and much more. Yours The Virtual Shipbroker (recently proclaimed the guru of shipbroking) Copyright © 2009-17 by Virtualshipbroker