With equity and $8,000 annual dues are available today in Korea.  In China, some courses are bemoaning that after sellilng 400 non-equity memberships at $400,000 with annual dues of $3,000, the market seems flat.  They expect to sell only 50 memberships this year, hopefully at $500,000.

Travel, while viewed by some as a luxury, is actually I believe a necessity as a strategist.  The perspectives gained from around the world makes one realizes that most view the glass half-empty.

We who are citizens and residents of America feel that are ways are superior.  Nothing could be further from the truth.  In China today, I have seen a 133,000 square foot clubhouse, 45 holes that were being hand watered in 34 degree weather and an operation whose commitment to customer service was unparalleled.

The lesson for me was easy. We learn far more by listening than by talking.