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
IF YOU Want To Make A MILLION DOLLARS - WATCH THIS!|Kevin O'Leary
First of all, you know, I guess I should apologize. I haven’t been back on the tube in weeks because I’ve been crazy busy shooting season 12 of Shark Tank in itself, which is an extraordinary feat. I gotta do a big shout out to the cast and crew on this b…
Armie Hammer Ascends From an Underground Cave | Running Wild With Bear Grylls
[music playing] ARMIE HAMMER: Whew! Yeah. Good to go. BEAR GRYLLS: OK. Our gear weighs nearly 75 pounds, and it’s too heavy to carry up this ladder. So we’re going to cache it on the sea floor like Navy SEALs do when they hide their gear until it can be…
How to Study Way More Effectively | The Feynman Technique
This video is sponsored by brilliant.org, a math and science problem-solving website that helps you think more like a scientist. In a 2007 graduation speech, Charlie Munger told an interesting, but fictional, story about two people: the great scientist Ma…
Why Robots That Bend Are Better
These are soft robots. Their structural components are built, not out of metal or wood, but flexible materials like plastic tubing. But how do they work? And why would you want a soft robot in the first place? This video was sponsored by KiwiCo. Check out…
Kevin Hale - Startup Pricing 101
This was a highly requested talk from last year, or lots of people had questions about pricing or were really confused. It’s actually was well requested both at YC itself—that’s a very, very popular workshop that we run. We’re gonna go over a lot of basi…
A Robot That Walks, Flies, Skateboards, Slacklines
This is a robot that walks, flies, skateboards, and slacklines. But why? A portion of this video was sponsored by Bluehost. More about them at the end of the show. There are lots of bipedal robots out there, and drones are ubiquitous. But until now, no on…