Cable Bahamas

Strategic Concepts & Mechanics

Signature MoveHelicopter View, Signature Page Only

Cornerstone MoveWire Fifty Million on Trust Alone

Competitive AdvantageAtlantic Canada Thinks Small—Exploit That

Signature MoveTechnology Moat or Nothing

Strategic PatternAspiration Interrogation at Every Meeting

Operating PrincipleForest Thinker Needs a Tree Counter

Risk DoctrinePre-Emptive Divestiture as Political Shield

Capital StrategyTrusts Own Everything, Founder Owns Nothing

Strategic PatternSpeed Kills Bureaucracy in Acquisition

Signature MoveFully Deployed, Never Liquid

Cornerstone MoveBuy the Quota, Chop the Shell

Capital StrategySwinging for Multiples Not Singles

Risk DoctrineWindfall Redeployment Not Windfall Savings

Relationship LeverageGenerosity as Network Currency

Operating PrinciplePromise First, Engineer Later

Cornerstone MoveDinner Conversation to Billion-Dollar Platform

Signature MoveLodges, Jets, and Yachts as Deal Magnets

Signature MoveVisionary at the Helm, Operator at the Wheel

Primary Evidence

"Columbus’s immense growth over the next decade—from startup to significant competitor of the incumbent Caribbean telcos—is partly explained by how swiftly it moved in making decisions and acquisitions. This is perhaps best illustrated by the fact that Paddick and Risley purchased Merit Communications, a small Jamaican internet and phone company, before closing the Cable Bahamas deal."

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

"As the closing of the Cable Bahamas deal approached, in early 2005, Paddick got a call from an RBC manager in Freeport: US $ 50 million had been wired to Paddick’s personal bank account. Risley had sent his share of the Cable Bahamas purchase funds without any of the usual, formal protections sought by investors; he’d sent US $ 50 million like it was an e-transfer to pay a plumbing bill. “There was no escrow agreement.... There wasn’t a piece of paper, there wasn’t a contract, there was nothing,” Paddick recalled. “There was just trust.... And it was something that would repeat itself numerous times over the life of Columbus.”"

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

Appears In Volumes

Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire