• Home
  • Welcome!
  • How to Work With Us
  • Contact
  • Mission Statement
  • Privacy Policy
  • The Compass Girls

Champagne Living

Live the Good Life!

  • Aging
  • Health/Wellness
  • Fashion/Beauty
  • Home
    • Snowbirds
  • Travel
    • Cruise
    • USA
      • Florida
      • Las Vegas
      • New York
    • Mexico
    • Europe
    • LGBTQ Travel
  • Food/Drink
    • Drink
    • Dine In
    • Dine Out
    • South Florida
  • Celebrations
  • Cars/Bikes/RVs
  • The Buzz
    • Men’s Corner
  • Magazine & Gift Guides
You are here: Home / Mogul / Pour It On: Turn Your Boat Into a Good Source of Income

Mogul

Pour It On: Turn Your Boat Into a Good Source of Income

skiffs lined upA boat initially costs a boatload of money in addition to the expenses related to maintenance.  You can’t put a price on enjoyment, but you can make added income from being a boat owner.  Why not love your hobby and make a source of income as well?  Explore a number of ways to make money being a boat owner.

Get a Captain’s License

It doesn’t matter why you got the boat in the first place.  Rather, place more interest in the reasons why others may want to come aboard.  Plenty of people want to sightsee, fish, or hop from place to place on a boat.  Depending on your location and where your boat goes, you can get a specialized license and start making extra money.  A captain’s license equals big bucks in most situations.

Perhaps there is a group of fisherman who have license to fish but do not have the cash to invest in a boat.  Consider renting your boat to other people for added cash in your pocket.  The size and condition of your boat dictates how much you can make, and you’ll have to feel comfortable allowing others to take charge of your boat.  However, if you live in a fishing or boating community, you can search for repeat customers rather than targeting one-off strangers.  Are you curious regarding yours and the liability of others?  Contact a maritime attorney experienced with marine construction contracts.

Earning money from your sailboat

Become a Vendor

Think outside of the box and consider a number of vendor positions that apply to your skills and area.  For example, if you like to cook and know a popular area where locals and vacationers hang beachside, you can pull up in your boat and offer hot dogs, burgers, tacos, refreshments, and other foods.  For an added fee, you can invite people on the boat and hire a server who will wait on them while they enjoy the scenery from the vessel.  You’ll need to do additional research regarding a vendor’s license and what areas allow such commerce.

Offer Tours

If you live in a place where people sail, it’s very likely that your area attracts tourists.  Get familiarized with your area’s history and points of interest before inviting others aboard for a one or multiple-hour tour.  Get creative and invent a theme, such as a ‘haunted boat tour’ during the fall season or ‘a day in the life of a pirate tour.’  Sightseeing vendors charge big bucks to take a number of people on short rides.  You can probably offer tourists a more intimate ambiance while charging a bit less than the mainstream tours.  If you’re feeling especially entrepreneurial, start a website and make tourists aware about your services before they even get in your area or begin their trip.

Earning money from your boat

Write for Magazines or Sites

A number of media outlets cater to those who love boats, fishing, or have never been on a boat but want to read about the lifestyle.  Try your hand at writing articles and chronicling your adventures on the high seas.  You can take a freelance approach and pitch a number of outlets, or try to focus on one or two opportunities and contribute works to a regular column.  If you’re not a writer, try making videos or taking pictures.  Alternatively, if you’re good with people, start a podcast and interview local fishermen, captains, seafood chefs, etc.

Be an Offseason Landlord

You’d be surprised to know a number of people love to live on a boat, even if it’s not theirs.  Plus, with the high prices of apartment rentals, more people are looking for alternative ways to live.  If you usually dock your boat for the winter or offseason, consider allowing a tenant to stay on your boat, paying a monthly fee for the accommodations.  You’ll be able to make money in addition to having a person who can keep an eye on your boat.

Be a Teacher

Are you a seasoned sailor?  Do you know how many envy you for having such skills?  Why not share what you know and accept money for teaching others how to sail?  Plenty of teachers make a side income from tutoring students at nights and on weekends.  You can make a great secondary income by offering your knowledge to others who have an interest in sailing but have no idea how to do it.  Each sailor has to start, so invest your time while others devote dollars toward the cause.

Voila!  If you have a boat, then you also have a number of ways to make a secondary or primary income.  It costs to buy and maintain a boat, but when you transform your boat into an investment, you make money rather than spend it!

Matthews experience and practice primarily includes the representation of shipyards, vessel owners and operators and contractors as well as other businesses and individuals in construction and commercial contractual disputes. Matthew also counsels businesses in the preparation of non-compete, non-disclosure and employment contracts, as well as franchisees in the formation and negotiation of corporate governance documents as well as commercial real estate leases.


3 Comments

About Zipporah Sandler

Zipporah Sandler AKA Zippy is a lifestyle and travel specialist who after living everywhere from Providence to Paris found herself suddenly residing in South Florida (something she swore she’d never do).

Whether it be San Pellegrino water or Louis Roderer Cristal, Zippy suggests that you keep your life sparkling and your glass full.

« The Bubbles Are Sure to Make You Smile
Llama trekking in Winston-Salem »

Comments

  1. Chase says

    December 8, 2015 at 6:42 pm

    I’d must talk with you here. Which is not something I
    generally do! I like reading a post that may make people think.
    Furthermore, thanks for letting me to comment!

  2. Qugenix RX says

    December 8, 2016 at 10:33 am

    Very good website you have here but I was curious about if you knew of any message boards that cover the same topics discussed here?
    I’d really like to be a part of group where I can get suggestions from other knowledgeable individuals that share the same interest.
    If you have any recommendations, please let me know. Thanks a lot!

  3. Eye Actives says

    January 5, 2017 at 7:19 am

    I would like to thank you for the efforts you
    have put in writing this blog. I’m hoping to view the same
    high-grade blog posts by you later on as well. In truth, your creative writing abilities has motivated me to get my own, personal website now ;
    )

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This week on The Compass Girls Show

TODAY ONLY up to 70% off!


jjill.com

NOT A MISPRINT – only $9.99

Get 6 Wines For $9.99

Are you hungry yet?

The Compass Girls – Holiday Magazine

Cars Bars & Pars – a men’s lifestyle blog

Copyright © 2022 · Champagne Living Media LLC (2007)

Copyright © 2022 · Divine Theme on Genesis Framework · WordPress · Log in