Offshoreonly.com - Commentary: What if Reggie Fails?

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Quote:

Originally Posted by In The Pink (Post 3402551)

I love his boats. I love his enthusiasm. But his age is what scares me. At 71, stuff happens. Then where does the company go from there.

His both sons are involved and schooled pretty well:drink:

The people in life that sit on the side lines and hate, are always the ones that are jelious they don't have the balls to go for it! Give it hell reggie!!!

Quote:

Originally Posted by Matt Trulio (Post 3402517)

A reasonable question answered candidly, http://speedonthewater.com/component...f-reggie-fails.

Very candidly indeed. I wonder what epople thought of this exchange.

Quote:

And that’s where things get tricky for Fountain, because he needs to raise capital—roughly $5 million—for a new boat company at a time when capital for such ventures is scarce. Fountain freely admits that securing funding is his largest hurdle at this point, and one that he might not be able to overcome.

“If I can’t raise enough money, I’ll do service work and custom work,” said Fountain. “We’re in the best position in the world to service Fountain boats. We built all of them. If I can’t raise the money and if the economy doesn’t cooperate, that’s what we’ll do.”

One more question that’s nagged me since I started following this story: Why is Fountain—at age 71 with capital lacking and a less-than-robust performance-boat market in front of him—even bothering?

“First, I like building boats,” Fountain said. “Second, I hate getting beat. I try not to get mad. I try to get even.

“Is the marine industry good to get into now?” he continued. “No. Then why would I get back into it? Because I’m good at it.”

Just asking your question spoke volumes. The answers pretty much nailed it as well.

Go get em Reggie!! Long live the king!!

I hope he gets the money . He spent alot of his life making boats go fast . He raise the bar .I spoke with him a couple times and he is very passionate about powerboats and racing. I say don't hate apre

If you love powerboats you can't hate him. He's made alot of contributions. I hope he gets the money. I would love to see a new design from him .

There's an old saying,

Nothing beats a failure, but a try

even better than that,

You'll never make it to second base, keeping your foot on first.

Reggie's a proven homerun hitter, he's coming back, even if just to quiet the industry of naysayers...:boat:

Quote:

Originally Posted by Matt Trulio (Post 3402517)

What if he fails?

MTI and Skater will still build boats, so I'm good...

As mentioned earlier, love him or hate him he still deserves respect for puting everything he's got into the industry.
As far as failure goes..... that's not an option. If Reggie and others like him fall by the roadside we'll all be left with the unthinkable........Floating Prius'es:poopoo:

Good grief....run the grocery store Reggie.

What happened to all the talk about partnering with another builder ?