They take calculated risks, focusing on the intensity of the risk versus the power of the reward. On a warm afternoon in June , Cauchi steered a metre, steel-hulled boat called Phoenix out of Portsmouth, Virginia, for his first ever Atlantic crossing.
Millionaire Traits That You Can Adopt
For him, the problem is saving lives, based on a simple and typically candid analysis. If you allow your neighbour to die in your backyard, then you are responsible for that death. On a warm afternoon in June , Cauchi steered a metre, steel-hulled boat called Phoenix out of Portsmouth, Virginia, for his first ever Atlantic crossing.
Built in to pull trawler nets off the coast of Canada, it had been chartered as a US military training vessel, but for the previous 18 months it had been laid up and colonised by rats. The vessel needed a major overhaul, which would be finished off in Malta.
Catrambone was on board for the rough crossing: Catrambone was determined to start rescuing people in and had set a hectic repair schedule. He hired Martin Xuereb as director in February , after cold calling to invite him for coffee. What hits you straight away is his vision, his perseverance and his determination. An attempt by the same group to rescue 37 people off Italy in ended with crew members put on trial for facilitating illegal entry into the country; they were found not guilty, and the migrants were deported.
As he attempted to raise funds for Moas, Catrambone found donors sceptical. This, at least, made it unlikely that Catrambone would be prosecuted for doing the same. Two rigid-hulled inflatable speedboats with twin horsepower engines were bought to ferry migrants to the Phoenix. Catrambone hired an experienced search and rescue crew as well as leasing two helicopter drones and their operators from the Austrian company Schiebel.
With Catrambone on board, the Phoenix left on its first mission late in August , heading for international waters close to Libya. The migrant crisis was continuing to intensify. Moas was planning to act under the instructions of the Maritime Rescue Coordination Centre MRCC in Rome, which covers the zone crossed by migrant boats from Libya and can order any vessel to undertake a rescue.
Given how well suited to the task the Phoenix was, it was inevitable that MRCC would eventually ask it to help. A doctor was on board and the vessel was equipped to look after people. The first call came through after four days, on 30 August. The Moas team quickly found itself involved in the simultaneous rescue of two migrant boats, including a wooden fishing vessel with people — many of them families from Syria — that was slowly sinking.
By the end of the rescue, water was flooding onto the main deck of the fishing boat, and many of the migrants were in the sea. So many small children were rescued that the Phoenix almost ran out of baby formula.
These children and mothers were at the hands of the sea, at the hands of death. The Phoenix rescued 1, people in 10 weeks and helped a further 1, onto Italian navy vessels.
There were also lulls when the crew fished for bluefin tuna. While Catrambone joined the speedboat crew on rescue missions, Regina and her daughter Maria Luisa helped care for the migrants when they arrived on the Phoenix.
One night Maria Luisa found herself talking to a fellow year-old — a cultured, English-speaking Syrian girl named Rasha, who was travelling on her own after both her parents were killed.
What if I had to see people being killed by snipers every day, seeing my parents killed right before my eyes? She travels, she gets on a boat. In October, a few days after their final mission of , I met Catrambone at a small restaurant in Malta. He appeared on a Vespa scooter, looking distinctly unlike a millionaire. There are expensive cars in his driveway, I later found, but he is still taken to the airport in a tiny old Peugeot by a retired Maltese taxi driver named Charlie.
Passionate, single-minded, and slightly unnerved by the press attention Moas had just begun to receive, Catrambone talked up his business but was disarmingly modest. He larded his conversation with colourful Louisiana slang, which he then apologised for.
He delivered riffs about the millennial generation being tired of huge corporations, excess and greed. He worried that capitalism had lost its soul by eliminating trust. Italy, under pressure from the rest of Europe , had announced the end of Mare Nostrum.
Yet the pressures pushing people out of places such as Syria and Eritrea had not disappeared, while Libya remained a perfect operating base for smugglers. When the winter winds settled in the spring, and the sea calmed, migrants would set out once more, he told me; on fine days, that would mean more than a thousand people in numerous boats. The Phoenix, with space for just , was set to be the only dedicated rescue vessel. On 18 April , as the Catrambones were preparing Phoenix to sail again in May, a large Portuguese cargo boat called the King Jacob was sent to rescue a smaller, steel-hulled cargo vessel carrying up to migrants about 17 miles off Libya.
The King Jacob stopped metres from the marooned boat, whose captain — believed to be a Tunisian — manoeuvred clumsily in the dark, ramming the Portuguese boat. The migrant vessel rapidly sank, taking those below decks with it and tipping the rest into the black night sea.
Only 28 people survived. Within days, a few wilted flowers on an anonymous common grave at the Addolorata cemetery were the only sign that the dead had ever existed. A few days later, I sat with Catrambone on the quay in Marsa, Malta as the Phoenix was loaded for its first mission of this year. Individual bags of emergency rations and basic clothing were being prepared by their new partners from the Dutch branch of Doctors without Borders , who would care for the migrants on board.
But separating politics from rescuing migrants is tough: It was hard to imagine any migrant boat daring to launch in such conditions. But several days of bad weather, when the smugglers rest, were coming to an end. Like them, most of the people there were Eritreans fleeing a year-old dictatorship known for torture, extrajudicial killings, and forced military service. Buzuneh, a year-old former business student, and Tsigay, 30, were both deserters and, for different reasons, traumatised by the trip.
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Trump admin halts visas for unmarried same-sex partners of foreign diplomats. US-Canada trade deal may mean higher car prices. Find out how Warren Buffett's passion for investing led him to a billion-dollar fortune in Warren Buffett: The Road To Riches.
Millionaires are willing to sacrifice time and money to achieve their goals. They are willing to take a risk now for the opportunity of achieving something greater in the future. Investing may include securities or starting a business - either way, it is a step toward achieving great financial rewards. Want to get started but don't have much capital? Millionaires are constantly presenting their ideas and persuading others to buy into them.
Good salesmen are oblivious to critics and naysayers. In other words, they don't take "no" for an answer. Millionaires also have good social skills. In fact, when writer T. Harv Eker analyzed the results of a survey of millionaires for his book, "Secrets of the Millionaire Mind" , he found social skills were more important than IQ.
Just look at Donald Trump. His fortune has fluctuated over the years, but his ability to sell himself - whether as a TV personality or as the force behind a line of neckties - has always brought him back among the ranks of celebrity millionaires.
Discover how to start strong by learning how to imitate the investing strategies that distinguish millionaire investors According to a recent report from New World Wealth, a number of countries around the world are losing millionaires.