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
8 Key Principles To OVERCOME Self-Doubt & Negative Thoughts | Stoicism Insights
Every single one of us at some point in our lives faces that sneaky, undermining whisper of self-doubt. It’s like a shadow that lingers just out of sight, waiting to cloud our decisions and dampen our spirits. But here’s the catch. The real battle isn’t a…
Comparing animal and plant cells | Cells and organisms | Middle school biology | Khan Academy
So, let’s play a game of spot the difference. Now, if you were asked to spot the difference between these two pictures, you’d probably laugh and say that’s too easy because it’s obvious that this picture of a lion on the left is nowhere close to looking …
Politicians Are Ripping You Off.
In late 2023, Congresswoman Nancy Pelosi and her venture capitalist husband made a significant investment in Nvidia, a company known for its work in artificial intelligence and semiconductors, and also known for being the S&P 500’s best performing sto…
SpaceX and Commercial Space Exploration | StarTalk
I think people conflate two different things here when they talk about the moving frontier of space exploration. If you’re going to advance a space frontier, you have gone farther than anyone has gone before. To me, that’s advancing a space frontier. Anyt…
15 Things to Prioritize in Life
Your life sucks because you don’t understand what makes life suck less. Because of evolutionary pressures, humans are designed to deal with the most imminent threats. But not everything urgent is important. If you get trapped in the pursuit of the urgent,…
Charlie Munger: How to Make Your First $1 Million (5 Steps)
Charlie Munger is currently a billionaire with an estimated net worth of 2.4 billion dollars as of 2022. However, that wasn’t always the case. While Charlie didn’t grow up poor by any means, he wasn’t lucky enough to be born into a rich and prominent fami…