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
Where in the World is Jessica Nabongo? | Podcast | Overheard at National Geographic
[Music] No one knows exactly when humans started traveling, venturing beyond the little corner of the world they knew to discover new places. In some ways, it feels like it’s always been part of who we are as a species. Before babies can even walk or talk…
The Power of Transportation | Origins: The Journey of Humankind
[music playing] [motor revving] JASON SILVA: What does it take to power a global civilization to connect billions of people across continents? It takes the power of transportation. From the beginning, speed and strength were paramount in the hunt, on the…
Peter Lynch: Everything You Need to Know About Investing in One Video
So I’ve always said if you spend 13 minutes a year on economics, you’ve wasted 10 minutes, and all you need to know about the stock market is it goes up, and it goes down, and it goes down a lot. And that’s all you need to know. Again, it’d be terrific to…
Sex and Taxes
Is taxation consensual? Most believe it is. And the majority view is often correct. Even so, I’ll share considerations that might be new to you. They could make a difference when making up your own mind. Owning something means having the right to determi…
Jordan Peterson | You Have No More Time
You need a family. You need friends. You don’t need to have all these things, but you better have most of them: family, friends, career, educational goals, plans for, you know, time outside of work, attention to your mental and physical health, etc. You k…
Kevin O'Leary shares his thoughts on the market
You’re listening to the real estate talk show with Simon Janini and Erin McCoy on Talk Radio AM 640. Welcome back to the real estate talk show, your source for all things real estate. Now Simon, we know that for some, real estate is single-handedly the m…