34. We Sold Our Sailboat! | Learning the Lines - DIY Sailing
January 19, 2018 by Learning the Lines | Language: EN Play Time: 00:00:13:40 | SAILING YOUTUBERS
After lending a hand on Lucidity, it was time to sell Somnium. Initially Taylor reached out to us via email after binge-watching all of our episodes. (Sidenote: I want to make a shirt that says “Learning the Lines – At the end of the rabbit hole where you want to be.”). He fell in love with the idea of finishing Somnium and explained in his email that he wanted to buy her from us. After meeting for a beer and trying to talk Taylor out of buying Somnium… I just couldn’t convince him otherwise. He was still interested and wanted to see her in person. That weekend I showed Somnium to him and showed him the good, the bad, and the ugly. His mind was made up.
I knew Taylor was a grad student and didn’t have a crazy amount of cash. I also knew that we grossly overpaid when we initially bought Somnium. We ended up spending around $10,000 on her after buying the new engine. We also added around $10,000 worth of new equipment and work, mostly paid for by sponsorships, but it was still value nonetheless. Knowing all this, we offered the boat to Taylor for $3,000. In a way we wanted to pay our good fortune forward to him, and in a way we also wanted to help someone else out with a dream.
I know we “lost money” on Somnium. We get that. But it’s all part of the cost of education in our minds. We earned invaluable knowledge and experience in exchange for the money we “lost.”
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Learning the Lines is a channel about us, an average couple in our 20’s, with big dreams to be sailing the world by the time we’re in our 30’s. We’re not afraid to jump into anything, put in the work, and learn as we go. For this reason our channel is very DIY focused, with the goal to show anyone watching that a lot is possible if you’re not afraid to make some mistakes along the way.
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34. We Sold Our Sailboat! | Learning the Lines - DIY Sailing Locations
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