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
Warren Buffett's BIG Warning for Investors (2021)
I would like to, uh, just go over two items that I would like particularly new entrants to the stock market to, uh, ponder just a bit before they try and do 30 or 40 trades a day, uh, in order to profit from what looks like a very, uh, easy game. So, uh, …
How To Make Every Day Count
Are you living your best life, or are you waiting for it to happen? How we spend our life is, in fact, how we spend our days. But many people find that out too late. They sacrifice their whole life and get nothing in return. So many people spend their liv…
Fireflies Put on a Spectacular Mating Dance | Short Film Showcase
[Music] It’s late summer in the highland forests of Mexico. Billions of fireflies are hiding in the underbrush, waiting for the perfect night to find a mate. But most nights, something is off, and so they keep waiting. The fireflies prefer a moonless nigh…
LearnStorm Growth Mindset: The Truth About Your Brain
So this is your brain. Say hi! Okay, it’s a representation of your brain. Brains don’t have hands; they have lobes and other structures, which we’ll get to. But I want to talk to you about your brain. You see, your brain is capable of incredible things. …
Why Founders Shouldn't Think Like Investors
They measured 60 times, cut once. The cut didn’t go well, and some were like, “Oh, do I measure 60 more?” Like, [Music] what? All right, this is Dalton plus Michael, and today we’re going to talk about why Founders shouldn’t think like VCs. Shocking! I wo…
Curvature formula, part 1
So, in the last video, I talked about curvature and the radius of curvature. I described it purely geometrically, where I’m saying you imagine driving along a certain road. Your steering wheel locks, and you’re wondering what the radius of the circle that…