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
Ideal circuit elements | Circuit analysis | Electrical engineering | Khan Academy
We’re now ready to start the study of circuit analysis and to design circuits and analyze circuits. One of the things we need to do is have something to build circuits with, and that’s what we’re going to talk about in this video. The idea is we’re going …
Introducing Khan Academy Learnstorm 2019!
Hello teachers, I’m Sal Khan, founder of the not-for-profit Khan Academy, and I’m here to announce a nationwide back-to-school learning challenge called LearnStorm. LearnStorm is an exciting way to jumpstart your school year around learning activities. I…
15 Things That Scream “I’m Low Class”
In Russia they’re called beadlow; in Australia they call them bogans; in Canada they’re called hosers; and in Germany they call them Kevin. Now really, they do. They like to say we live in a classless society, but we both know that’s not the case. Here ar…
Baby Blue Whale Nursing (Exclusive Drone Footage) | National Geographic
[Music] We believe this is the first time that there’s been any aerial U footage of nursing of a Bine whale and especially in a blue whale. I do believe it’s a first. We are studying blue whale population in the South Tanaki bite region of New Zealand an…
Space Elevator – Science Fiction or the Future of Mankind?
It’s hard to get to space. As much as we all wish there were an easy and affordable way to see our planet floating in the dark, right now, the only way is to become an astronaut or a billionaire. But there is a concept that might make it possible - while …
PURPOSE of WEALTH (Pt1): FREEDOM
There are some pretty big differences between the terms wealth, money, and your position in the social hierarchy. Out of all three of them, wealth is the one you should go after. The fundamental reason why most people want to build wealth in life is freed…