He led the group into real estate development and created a holding company for several properties including a resort on Ambergris Caye, Belize.
Cobb also saw the need for a regional real estate company that would serve the Baby Boomer consumer with a North American standard product for the next 2 decades.
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It continues to provide mortgage services but has expanded its services to encompass the full realm of financial products. As the need for capital outstripped the supply, the mortgage company was converted to an international bank under the jurisdiction of Belize. In 1996, he and his business partner formed a company, Exotic Caye International, to provide loans to North Americans purchasing properties in Belize, Honduras and throughout the region. Cobb left to pursue more pioneering opportunities in the emerging real estate markets of Central America. At the height of a successful career in the computer industry, Mr. He has been named among the “100 Outstanding CEOs in Central America” by leading Central American magazine Mercados & Tendencias. Mike is the co-founder & CEO of ECI Development and President of Gran Pacifica.
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Both are entrepreneurs and investors that figured out how to quit things in their lives that are good to pursue things that are great! In their book, The Quitters Manifesto, they share a roadmap for anyone that wants to quit the good to pursue the great.
He is now the CEO of Capital Source 2000.My guests in this episode are Pat Hiban and Tim Rhode. Bill has also held board of director positions with the Pennsylvania Bankers Association and the Pennsylvania Community Bankers Association. It took 18 months to bring the bank back to satisfactory condition and built its asset base from $60 million to $300 million while increasing the capital base to $25 million. Bill also led an investor group that bought and recapitalized a troubled Eagle National Bank with a $10 million initial capital raise. First Sterling Bank started as a de novo bank in 1988 and is now part of Bank of America. His experience ranges from holding middle management in Regional Banks to starting a successful de novo bank from scratch. Bill has worked in the financial services industry for 30 years. My guest in this episode is Bill Bromley.
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