Bruce Martin - The Monday Morning Memo

Get out your piggy bank… A Chinese company is looking to sell three major U.S. resort hotels at a combined price tag of $1.3 billion, seeking to cash out these holdings during a powerful surge in leisure travel and resort business. Dajia Insurance Group Co. is putting up for sale the Montage in Laguna Beach, California, the Four Seasons resort in Jackson Hole, Wyoming, and the Four Seasons in Scottsdale, Arizona, according to people familiar with the matter.

“One of the books I’ll write someday is a collection of true stories gathered from extremely successful people. My business as an advertising consultant and seminar speaker has put me face-to-face with many of the brightest stars in the entrepreneurial sky. And rarely do I miss the opportunity to ask them, ‘Can you recall that fateful moment when you chose the fork in the road that led you to where you are today? How did you first get into this business?’

Never – not once – has a successful person said to me, ‘I followed my passion.’ But this is the answer you will hear again and again from people who are serving time in prison.”

- Roy H. Williams, the Monday Morning Memo for Oct. 21, 2013

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