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 To Travel The World For Free: Credit Cards 101
What’s up you guys? It’s great in here. So, I realized the title of this video sounds like I’m about to pitch you on some weird timeshare opportunity in the Bahamas, and all you got to do is sit through an exciting two-hour seminar to unlock your free rew…
Edgar: crowdfunding drive
Uh, my name is Thomas, and last year I made the film “George Ought to Help.” Right now, I’m working on a follow-up called “Edgar the Exploiter.” It will be similar to George in that it will be a gentle pro-liberty propaganda piece, because George was a s…
Shakespearean dating tips - Anthony John Peters
Using the word Shakespeare within any classroom in the 21st century has become almost as dangerous for teachers as putting balloons in a toaster. After uttering this simple word, the common teacher is met with a mass of groans, moans, devastated looks, an…
What Drug Dealers Can Learn From Walgreens, with Stephen J. Dubner | Big Think.
In our first book, Freakonomics, we wrote about the economics of a crack selling gang in Chicago. And it was really fun and interesting because we have these assumptions that if you sell drugs, you become a millionaire. And it turns out that the average c…
Mean Tweets with Neil deGrasse Tyson - Movies Edition | StarTalk
And now for another edition of Neil deGrasse Tyson reads mean tweets. Josh from school, that’s his Twitter handle: “Josh from school, Neil Tyson is such a dweeb. Nobody watches science fiction movies for the science.” I wouldn’t say nobody watches the s…
Why Rich People Are Cheap
It’s a cotton stereotype self-perpetuated throughout history: rich people are cheap. We’ve seen this demonstrated and exaggerated in everything from fictional characters like Mr. Burns from The Simpsons and Ebenezer Scrooge from A Christmas Carol, all the…