[3] Morgan built the yacht Brisote and completed a St. Petersburg, Florida to Havana, Cuba race with Bruce Bidwell.
[3] Morgan attended the University of Tampa[3][4] and took a job with Johnson Sails, located at the Jean Street Shipyard on the Hillsborough River.
[6] After successfully appealing disqualification due to a lack of engine, he entered the Havana race and took second in Brisote's division.
[3][4] In 1960 Jack Powell commissioned Morgan to build the 40 foot centerboard fiberglass yawl Paper Tiger.
[3][6] The "famously successful"[6] Paper Tiger won the SORC Southern Ocean Racing Conference in 1961 and 1962.
[5] Unable to find a builder to manufacture the Tiger Cub, a smaller version of Paper Tiger, Morgan founded the Morgan Yacht Corporation St. Petersburg, Florida, 1965 after graduating high school and starting his own sail company.