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
Warren Buffett: How Most People Should Invest in 2023
Since 1965, Warren Buffett, the world’s best investor, has been laser-focused on buying individual stocks and trying to beat the market to benefit the shareholders of Berkshire Hathaway. And he’s done that very successfully, with an average annual return …
fly with me from CA to AZ | tiny airplane, big adventure! day 1
Hi, I’m Stevie, and this is my 1949 Cessna 140A that we’re going to be flying all the way from California to Wisconsin for EAA Air Venture. If you’re not familiar, Air Venture is like the pilot event every single year. 600,000 people and over 10,000 plane…
LearnStorm Growth Mindset: Animation Director on setting goals
My name is Lisa Labraccio. I’m 32 years old. I am an animation director at Ted Ed. I’ve always wanted to do animation, so it just, at whatever point in high school, when they tell you to start looking at colleges and what you might, where you might want t…
Everything Wrong With The NEW X1 Credit Card
What’s up guys? It’s Graham here. So, okay fine, I get it. You guys have been sending me so many comments, DMs, emails, and even more comments asking me to review the Smart X1 credit card. So, if this finally makes everyone happy, then sure, we’re going …
The Gig Economy is Terrible: Here's Why
Meet Abraham. He’s trying to pay off the lease on his new Lincoln. He got it to stand out in the fleet of other Uber vehicles. He drives for hours every day to try and make a living from what was once a lucrative job. Now, Abraham is barely making it from…
Bringing the Meat to Higher Ground | The Great Human Race
Can’t be too greedy right now. In the midday heat of East Africa, lions often retreat to the shade and return to their kill when the sun starts to set. This lion’s gonna come back. I wish we could take the height and everything else. I can’t get it all…