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
15 Ways To Make People Like You
We’ve all met people who were kind of a pain to endure, and none of us wants to be that person, right? The person everyone rolls their eyes at. The person people avoid talking to for long, no matter the social setting. Though there are certain ways to pr…
Startup School Q&A Week 1
Okay, any questions? So the question was, have I experienced any different differences between running user surveys in person or online? Honestly, you’ll probably figure out what the best solution is for yourself. Online honestly gets a lot of it right. I…
Vsauce Live Stream!
[Music] [Applause] [Music] Hey, Vsauce! Michael, Cameron, Jake here and we are very glad that you are here. What’s going on? Well, it’s our very first Vsauce YouTube livestream! They said it couldn’t be done, but actually, the technology has been possible…
Jeff Clavier and Andrea Zurek - Startup Investor School Day 3
Jeff is someone that I met in the very beginning of my venture into venture. When I first started investing a long time ago, he taught me as many lessons about how to be a good investor. In two senses, how to be a good investor by making good choices and …
Polar curve area with calculator
What we’re going to try to do is use our powers of calculus to find this blue area right over here. What this blue area is, is the area in between successive loops of the graph. The polar graph ( r(\theta) = 3\theta \sin(\theta) ) I’m graphing it in polar…
Ali Partovi - Startup Investor School Day 3
Ali is the founder and CEO of neo, which he can explain what that is. It’s a very cool new organization, but he’s also an entrepreneur, a social entrepreneur whom I admire a ton for the things he’s done. We met, like I said, too many years ago when he and…