yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Held at gunpoint while selling a private jet!


less than 1m read
·Nov 3, 2024

The first jet I ever sold in my life, I was held at gunpoint three feet away from me. It's a long story.

The first time I saw the jet, I was 23 years old. I flew to America, to North Carolina. We were signing a deal with the Venezuelan buyer. He had two of his henchmen representing him. We signed the deal; they were transferring the funds. We would find the airplane to Miami, and then we were going to make sure the deal was completely closed: the money was received, and they were taking the airplane to Venezuela.

I was getting back on a commercial plane, flying back to Washington, D.C., where I lived. We were halfway from North Carolina to Miami, and the two people on the plane with me said to me, "Steve, we have to talk to you about something." I said, "What's that?"

He said, "We want to get our commission." I asked, "What do you mean you're going to get your commission? You're representing the buyer; there's no commission for you!" He replied, "No, no, we need to get our commission."

I said, "Well, that's crazy! How much money do you want?" I can't remember what it was; it was a significant amount, about the same amount that we earned. I said, "No, there's no money for you." He said, "Well, don't worry about it. When we get to Venezuela, you'll be able to go back."

More Articles

View All
Economic profit for firms in perfectly competitive markets
In this video, we’re going to dig a little bit deeper into the notion of perfectly competitive markets. So, we’re going to think about under what scenarios a firm would make an economic profit or an economic loss in them. Now, as a reminder, these perfec…
How Generosity Built Tech Giants
Sometimes founders are afraid of asking the like the dumb question, but that’s a worthwhile question to ask. If you can help your customer make more money, they’re probably gonna like you. This is Michael Cybo with Dalton Caldwell, and today we’re going t…
Why you will NEVER retire
What’s up, Graham? It’s guys here. So if you want to quit your job, stop working, and build wealth, there’s a strategy that allows you to live completely off your investments for the rest of your life without ever having to worry about money ever again. T…
Why Tipping Is Out of Control in the U.S.
Imagine you finished the best meal of your life. The restaurant has white linen tablecloths, and a candle flickers in the center of the table. Wine is flowing, and thanks to the competent and charming waiter, you’ve had an amazing culinary experience. At …
This Book Changed the Way I Think
I was very pleasantly surprised a couple of years back that I reopened an old book which I had read, or I thought I’d read, about a decade ago called The Beginning of Infinity by David Deutsch. Sometimes you read a book and it makes a difference right awa…
Michael Burry's Huge Inflation Warning for 2023
Michael Murray, who a lot of people know as this guy in this movie, isn’t the type of person who fears putting his reputation on the line by making bold economic predictions. He’s done it many times over the years, and the scary thing is he usually ends u…