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
What is a 401k?
A 401k is an employer-sponsored retirement plan. Why is it called a 401k? Well, that’s the section of the internal revenue code for the federal government that allows you to do it. Now, what are the benefits? Well, as far as I know, there’s two major on…
The Cartier Santos Dumont Watch
This is the Dumont, the Santos Dumont. The rewind, you look closely at the dial, the numbers are in reverse, and it’s completely engineered. The hands go backwards. Yes, that sounds crazy, but it’s true. This is the K Platinum Crash Skeleton. Now, the ru…
How I tricked my brain to like doing hard things
So for the majority of my life, I struggled to go to the gym consistently. Even though the gym has always been a part of my life to some degree, I grew up playing hockey, and all my brothers played hockey and went to the gym. So going to the gym was alway…
Warren Buffett: Why Real Estate is a Lousy Investment
We don’t have any competitive advantage over experienced real estate investors in the field, and we wouldn’t have if we were operating with our own money as a partnership. If you operate as a corporation, such as ours, which is taxable under chapter C of …
Newton's law of gravitation | Physics | Khan Academy
The mass of the Earth is about 6 * 10 ^ 24 kg. But you know what? I always wondered, how did we figure this out? How on Earth do you figure out the mass of a planet? Well, we did that by using Newton’s universal law of gravity, and in this video, we’re go…
The Science of a Happy Mind, Part 1 | Nat Geo Live
Richard Davidson: The invitation in all of this work is that we can take more responsibility for our own brains. And shape our brains wittingly in a more intentional way by cultivating healthy habits of mind. (Audience applause) I’m a psychologist and neu…