In Your Own Words: Schaefer still proud
Robin Hood owner Sandy Schaefer is chiming in on how he got started in business and what it’s like to be operating in the current business environment.
“There was a friend of mine, a lifelong friend of mine that moved here and said come to The Bahamas, they need you, and we were looking for opportunity to be a big fish in little pond, to begin advancing to another place and because of our own background we fit… Money you can find anywhere, but intellectual capital is the most valuable capital.
“There are ways to do things better and smarter. There are opportunities buying clothes out of[season], buying buybacks and doing all the things you can to leverage yourself in a place where no one really tries that hard. Here there are monopolies[and]you don’t control the market just because you can.
“I’ve said it before and I will say it again, when you’re an agent of change you’re bound to make a lot of enemies[and]I’m proud of the enemies I’ve made. The reason I say that I am proud of them is because they diametrically stand against what I stand for–free enterprise.”