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

How I started selling private jets


less than 1m read
·Nov 3, 2024

I started when I was 23 years old, working for a jet broker in Washington DC. In those days, it was maybe six or seven jet brokers in the United States. I don't think there were any outside the United States at the time. It was really in the beginning of corporate jet world; easier to get in. But in those days, they had Tex machines; it was even before faxes.

I didn't start until 13 years ago. I left the airplane business; I was probably in my mid-30s, and I went into private equity. So, I was doing mergers and acquisitions for about 15 years. The world changed when I left the industry; 80% of the jets were in America, and 19% were in Europe, and it was 1% the rest of the world.

Twenty years later, the whole world changed. Russia, China, India, Nigeria, all these places were the places buying jets. Wow, how do we get that business? It's really crazy because you can't go to see a client there, and it's even more impossible trying to get them on the telephone.

When I built the showroom, it was a completely crazy idea. Now, it's easy to get into the industry, but what do you do once you're in the industry? You need that network.

More Articles

View All
LC natural response intuition 2
We’ve been working on an intuitive description of the natural response of an LC circuit, and in the last video, we got everything set up. Now we’re ready to close the switch. Let’s close our switch, and now our switch is closed again. What happens? Well,…
Function symmetry introduction | Transformations of functions | Algebra 2 | Khan Academy
[Instructor] You’ve likely heard the concept of even and odd numbers, and what we’re going to do in this video is think about even and odd functions. And as you can see, or as you will see, there’s a little bit of a parallel between the two, but there’s…
The Story of Nietzche: The Man Who Killed God
God is dead. God remains dead. And we have killed him. The words of Friedrich Nietzsche have echoed through generations. Although many know the statement and even quote it, only a few people truly understand its meaning. Because, just like much of Nietzsc…
Billionaire John Paulson Warns Bitcoin is Going to $0 | Buy This Instead
What about cryptocurrencies? Are you a believer in cryptocurrencies? No, I’m not a believer in cryptocurrencies, and I would say that cryptocurrencies are a bubble. Billionaire hedge fund manager John Paulson said in a recent interview that Bitcoin is go…
We Shouldn't Celebrate This
What toys did you play with as a kid? For many who watch this channel, I’m sure the answer could be action figures, maybe a superhero you loved from that cartoon you watched as kids. We don’t think much about the media we consume and the toys we play with…
How to Analyze an Annual Report (10-K) Like a Hedge Fund Analyst
Legendary investor Warren Buffett has said in countless interviews that being able to analyze a company’s annual report is foundational for successful investing. In this video, we are going to go over how to analyze a company’s annual report, also referre…