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
How Billionaires Foolproof Their Wealth
Most people think that making money is hard, but that’s false. Making money is actually relatively easy. The hard part is keeping and transferring wealth across generations. This is what most people have a lot of trouble with, so let’s fix that by learnin…
Probability with combinations example: choosing cards | Probability & combinatorics
We’re told that a standard deck of 52 playing cards includes 4 aces, 4 kings, and 44 other cards. Suppose that Luis randomly draws four cards without replacement. What is the probability that Luis gets two aces and two kings in any order? So like always,…
Dianna Health Update from SmarterEveryDay
I’ve got some good news and, um, it’s a little complicated, but I would love to explain it to you. My name is Dustin, by the way. Uh, I have a YouTube channel called Smarter Every Day, and this is Physics Girl; this is Diana’s channel. Uh, recently, I we…
How to build a relationship with your buyers.
Right now, you have the two ADXs, two ox, one’s matte and one’s shiny inside. How much you think you’re flying each of them? 350 each? That’s a pretty good usage on those airplanes as they’re mostly flying around. I have a brother who lives in it, goes t…
Policy | Vocabulary | Khan Academy
Hello wordsmiths! The word we’re featuring in this video is policy, which means an official rule or set of rules. It’s a noun. It comes from the Greek word polis, which means city. As a root, it has to do with cities and government. I live in Washington,…
pH and solubility | Equilibrium | AP Chemistry | Khan Academy
Changing the pH of a solution can affect the solubility of a slightly soluble salt. For example, if we took some solid lead(II) fluoride, which is a white solid, and we put it in some distilled water, the solid is going to reach an equilibrium with the io…